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Topic: Is USDT Tether safe? - page 34. (Read 23470 times)

full member
Activity: 1554
Merit: 101
June 28, 2018, 09:23:51 AM
#28
I think this is good news, when it comes to raising the value of bitcoin, and I do not understand your intention to keep usdt safe, are you afraid the price will go down? I never see the price of tether down from 0.99  Wink
hero member
Activity: 1458
Merit: 509
June 28, 2018, 08:58:35 AM
#27
Today, the tether continues to print 250 million tether, raising the tether's market capitalization to more than $ 2.7 billion to reach the top 10 coinmarketcap. People say that every time a tether is printed, the bitcoin price increases because the tether pumped USDT onto the floor to push the bitcoin price. What do you think about this and keep the USDT safe?
I heard that there was a news about that explain the result of tether audit. It looks like every single tether has backed by a dallor. I think that it's safe to hold as long as you can try to hold it on the exchange site. I never try to move it.
Just try to convert tether when the price was doing down and then you can try to buy again later. it looks safe.
newbie
Activity: 103
Merit: 0
June 28, 2018, 08:52:34 AM
#26
Not sure, I don't trust it. Not sure if they have the funds but I think theyll get in trouble with the US soon.
newbie
Activity: 266
Merit: 0
June 28, 2018, 08:30:00 AM
#25
Yes, it is safe. Every USDT unit is backed by US dollars. They are known as extremely transparent and safe system for transactions.
full member
Activity: 476
Merit: 100
June 28, 2018, 08:15:15 AM
#24
Today, the tether continues to print 250 million tether, raising the tether's market capitalization to more than $ 2.7 billion to reach the top 10 coinmarketcap. People say that every time a tether is printed, the bitcoin price increases because the tether pumped USDT onto the floor to push the bitcoin price. What do you think about this and keep the USDT safe?

I'm not too worried about Tether. Actually, if you do not want to hold ETH or BTC because of their price fluctuation, change them to USDT. That is the best way to keep your money stable. Its price always fluctuates at $ 1. If you do not buy too much USDT, then do not worry about its price!
newbie
Activity: 266
Merit: 0
June 28, 2018, 08:08:46 AM
#23
I think it is quite safe. I don't trust it fully.Though it holds millions of dollar but future is very uncertian. You dont know what will happen next.You we need to be concern about it.
sr. member
Activity: 546
Merit: 256
June 27, 2018, 05:03:07 AM
#22
I think no. because USDT have no backed project it is just compared to USD. USDT is completely no use but to stand as USDT in the crypto market. It is much safe if you want to convert your cryptocurrency to real usd.
jr. member
Activity: 336
Merit: 3
June 27, 2018, 05:02:22 AM
#21
There are less controversy on tether now as they have at least shown they have enough funds. However, the issue of audit report is still not resolved, we need an audit report from a reputable agency to complete allay the fears on tether. Only time will tell, meanwhile, it is a good thing to see other stable coins trying to come up, it will be nice having a viable alternative to tether
sr. member
Activity: 616
Merit: 279
June 27, 2018, 05:01:35 AM
#20
Yeah, there was a slight increase in price once the news broke loose a couple days ago but the increase was marginal.

I wonder if they truly deposit the sum of money in real FIAT when they increase the number of tokens on the market. There have been a lot of speculation on this thing so, if they do deposit the FIAT cash value than I think it's safe. Otherwise, since they pride themselves in having a "stable" coin I don't understand how they can back it up.
jr. member
Activity: 252
Merit: 4
June 27, 2018, 05:00:18 AM
#19
THe fact that it's controlled by a private entity makes me doubt about the safety of this coin.... if I want $ I prefer just to cange my crypto to fiat...
legendary
Activity: 2310
Merit: 1598
Do not die for Putin
June 27, 2018, 04:57:50 AM
#18
My suggestion: Don't use it. It is not audited and it is controlled by a private entity. The risk of it becoming uncontrolled, even for a short period is very high and the effect on Bitcoin price can be devastating.
full member
Activity: 364
Merit: 100
June 27, 2018, 12:22:36 AM
#17
The USDT recently passed an audit and confirmation of printed dollars. So far, this coin is safe. All these events around this coin are very similar to manipulation
member
Activity: 238
Merit: 10
Power the World for FREE
June 26, 2018, 10:34:41 PM
#16
The USDT may be safe at the moment, but no one can vouch for its future.
No one has seen their bank balances yet, but most of the market's money is in the USDT.
member
Activity: 167
Merit: 10
June 26, 2018, 10:12:00 PM
#15
Who guarantee it's safe? Everything can happen in crypto also. good luck with your choice!
hero member
Activity: 1190
Merit: 504
June 26, 2018, 01:24:15 PM
#14
USDT is safe and every single thing you have said about it is true.

Like the latest news about them that they printed another more USDT which made the price of bitcoin pumped again.

It's safe because it's a stable coin, the volatility isn't an issue on that coin.
jr. member
Activity: 658
Merit: 5
June 26, 2018, 01:21:07 PM
#13
Yes
It is safe
It keeps your money intact in correct value
sr. member
Activity: 672
Merit: 250
CryptoTalk.Org - Get Paid for every Post!
June 26, 2018, 01:20:08 PM
#12
Even if tether might be safe right now there is no guarantee that it will be safe and secure in the future. There is really no one who is over watching  what its parent company is doing. But if tether turns out to be a scam the whole crypto market is going to get burnt real bad and the market is going to drop big.
full member
Activity: 1829
Merit: 134
Moderator
June 26, 2018, 11:35:12 AM
#11
From what I can find, USDT is supposed to be linked to the US dollarand therefore should be less volatile than others. So although other coins might fluctuate greatly, USDT ratio will remain 1: 1 with USD is not it?? So I think yes, USDT is safe because we can see from the volume and exchange. But nothing is impossible in the crypto world. Be careful and good luck!!!
newbie
Activity: 41
Merit: 0
June 26, 2018, 11:29:34 AM
#10
I think it can be called safe especially if U want to lock ur gains in trades...
sr. member
Activity: 1078
Merit: 250
June 26, 2018, 11:27:30 AM
#9
in terms of securing USDT seems a little difficult because in general all countries exchange each currency with USD so a little difficult to be maintained because it involves cryptocurrency.
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