my conclusion about Tether | Bitcointalksearch.org

Colibra

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Quote from: ivanleon on August 23, 2018, 05:41:14 PM

Tether, though not officially tied to the dollar, but still its price is kept at a constant level. Of course, I would not take risks and keep my assets in this coin for a long time, but there was no excuse to trust it yet.

Agree with you and the only reason I find is the lack of transparency in the finance aspects, the USD reports are not very visible and this could be an excuse for mistrust.

Colibra

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Quote from: Zin-Zang on August 15, 2018, 01:40:33 AM

Quote from: Baimovic on August 14, 2018, 11:06:29 AM

when the market bearish, and all the altcoins fall, even the crypto king also falls, there is a coin that catches my attention, that coin is Tether. the value cannot be affected by the correction.

Tether is an altcoin that has a lot of mysteries, when it was first released to the market, tether coin used for alternative reserves that replaced USD in trading activities in several exchanges.

the Tether inc company claims that Tether is backed up by USD, and every Tether has the same value of USD
1: 1. but something makes me doubt is that there is no official agreement between Tether and USD. the meaning has no legality value between Tether and USD.

today I have seen Tether on the market, and its value is stable, and has the same value with USD.

finally, I believe that Tether is USD and USD is Tether.

Tether is not the US Dollar!

The people behind Tether have never proved to an Legal Accounting Firm that they actually have enough US$ to match their tether.

Hell the assholes, just released another 50 million tether last week, and the fools believe them with no 3rd party verification that is accountable.

They are running a fractional reserve made possible by idiots that actually believe they are pegged to the US Dollar.
FYI: Their is no actual peg, just a bunch of morons buying the fractional reserve lies.

Worse part, when their shenanigans is finally made public and their asses are hauled off to jail, it is going to rock the bitcoin world like nothing you have ever seen.

Enjoy the tether kool aid while it lasts, because it is a bitcoin killer in the end. Tongue

Completely agreed! According to your opinion and what you know off - is there a stable coin out there - Trust Token? or other?

ivanleon

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Tether, though not officially tied to the dollar, but still its price is kept at a constant level. Of course, I would not take risks and keep my assets in this coin for a long time, but there was no excuse to trust it yet.

stellaekun

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Quote from: kojoannan on August 23, 2018, 03:50:11 PM

Tether is there for traders to use it to their advantage as the market is bearish like this. Tether won't deviate too much from the original price if even bitcoins and other altcoins are heading to zero.

some traders use tether as an edge against falling market prices. the downside is that you will also miss out when prices start rising ,it is a stable coin

stellaekun

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Tether is a stable coin, it value remains constant, much like the usd in the crypto-currency. The controversy surrounding tether has been a lot of concerns for a lot of persons but the creators recently showed they have enough cash to back it

Kjara

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Tether continues minting new coins each time market goes down.
Here another wave of new coins appeared on exchanges:
Tether (USDT) Gets Closer to Emptying Treasury with 100M Token Intervention
https://cryptovest.com/news/tether-usdt-gets-closer-to-emptying-treasury-with-100m-token-intervention/

wxa7115

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Bitcoin is GOD

Quote from: bitrocamb on August 21, 2018, 08:09:39 AM

I also saw that Tether was a stable coin in this week. So that's why I thought about investing in this one coin. To be honest, I don't know about the Tether company claiming that Tether is supported by USD, and every Tether has the same USD value. But if this news is true, this will be good news for the Tether holders.

Tether has been this way from the beginning, unless you are holding most of your savings in a foreign currency I do not see the point of holding tether, tether is great if you want to keep the value of your investment for some time before investing in a cryptocurrency, it is also great as a way to get out of the market and wait until things calm down, in fact you could get profits in a bear market by holding tether.

But it is still very dangerous since tether is controlled by a single party and decides how much tether is printed, that goes against the decentralized emission of the currency, so tether is incredibly similar to fiat currency and I did not entered in this market to invest in the closest thing to a fiat currency that this market has.

kojoannan

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www.daxico.com

Tether is there for traders to use it to their advantage as the market is bearish like this. Tether won't deviate too much from the original price if even bitcoins and other altcoins are heading to zero.

TooDumbForBitcoin

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Quote from: VVginial on August 21, 2018, 04:52:34 PM

Quote from: Baimovic on August 14, 2018, 11:06:29 AM

when the market bearish, and all the altcoins fall, even the crypto king also falls, there is a coin that catches my attention, that coin is Tether. the value cannot be affected by the correction.

Tether is an altcoin that has a lot of mysteries, when it was first released to the market, tether coin used for alternative reserves that replaced USD in trading activities in several exchanges.

the Tether inc company claims that Tether is backed up by USD, and every Tether has the same value of USD
1: 1. but something makes me doubt is that there is no official agreement between Tether and USD. the meaning has no legality value between Tether and USD.

today I have seen Tether on the market, and its value is stable, and has the same value with USD.

finally, I believe that Tether is USD and USD is Tether.

Do not worry about that. 1 USDT = 1 USD and will always be. If you want to print more USDT then they must have USD equivalent to the escrow. And checked by law enforcement to avoid fraud. Market up or down as usdt never changes. It is definitely usd in crypto

lol =)) please look on the charts. The ratio was not ~ equal many times and their audits are not completely done

VVginial

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Quote from: Baimovic on August 14, 2018, 11:06:29 AM

when the market bearish, and all the altcoins fall, even the crypto king also falls, there is a coin that catches my attention, that coin is Tether. the value cannot be affected by the correction.

Tether is an altcoin that has a lot of mysteries, when it was first released to the market, tether coin used for alternative reserves that replaced USD in trading activities in several exchanges.

the Tether inc company claims that Tether is backed up by USD, and every Tether has the same value of USD
1: 1. but something makes me doubt is that there is no official agreement between Tether and USD. the meaning has no legality value between Tether and USD.

today I have seen Tether on the market, and its value is stable, and has the same value with USD.

finally, I believe that Tether is USD and USD is Tether.

Do not worry about that. 1 USDT = 1 USD and will always be. If you want to print more USDT then they must have USD equivalent to the escrow. And checked by law enforcement to avoid fraud. Market up or down as usdt never changes. It is definitely usd in crypto

bartusv

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Several months ago a low firm was investigating Tether if it is backed with proper amount of $ and they did not find any problems.
It was not a full audit, but still it is important information.

Camus

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Quote from: bitrocamb on August 21, 2018, 08:09:39 AM

I also saw that Tether was a stable coin in this week. So that's why I thought about investing in this one coin. To be honest, I don't know about the Tether company claiming that Tether is supported by USD, and every Tether has the same USD value. But if this news is true, this will be good news for the Tether holders.

Tether is USDT. One USDT is equivalent to one USD on some exchanges there are small differences. USDT is a good tool for trading, it will keep the Fiat money. I use Tether.

bitrocamb

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I also saw that Tether was a stable coin in this week. So that's why I thought about investing in this one coin. To be honest, I don't know about the Tether company claiming that Tether is supported by USD, and every Tether has the same USD value. But if this news is true, this will be good news for the Tether holders.

betece777

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I just heard of this altcoin if it's true, this is an altcoin that's good, because because it doesn't affect the value of bitcoin, we know that if bitcoin goes down, the other altcoins will continue to be affected. yes, this is a good altcoin and a solution for investors who are anxious if the price of altcoin falls

castiloros

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Quote from: Baimovic on August 14, 2018, 11:36:28 AM

Quote from: coinscircle on August 14, 2018, 11:11:36 AM

Quote from: Baimovic on August 14, 2018, 11:06:29 AM

when the market bearish, and all the altcoins fall, even the crypto king also falls, there is a coin that catches my attention, that coin is Tether. the value cannot be affected by the correction.

Tether is an altcoin that has a lot of mysteries, when it was first released to the market, tether coin used for alternative reserves that replaced USD in trading activities in several exchanges.

the Tether inc company claims that Tether is backed up by USD, and every Tether has the same value of USD
1: 1. but something makes me doubt is that there is no official agreement between Tether and USD. the meaning has no legality value between Tether and USD.

today I have seen Tether on the market, and its value is stable, and has the same value with USD.

finally, I believe that Tether is USD and USD is Tether.

I believe that at this point you should not accumulate tether store but move to TUSDT hoarding, you can see that the market is fluctuating continuously because USDT is showing signs of inflation while continually printing USDT , so sooner or later the price of USDT will also lose value and will be lobbied countries to adjust and adjust.

Tether doesn't follow crypto fluctuations, but Tether follows USD fluctuations, and until today, USD fluctuations development is very good.

we must to wait for the factors that can make the USD fall, maybe the geopolitical factors that will influence it.

If it is true that following the USD then certainly it will be a pretty stable crypto. However, I think its development for the long term will not be as good as from another crypto. It is indeed good for investment but for the long term, I think the less interesting to have.

GreenHarbor57

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Tether is also fluctuate as crypto but hope it's not follow crypto. It's high time for tether for being reliable and sustainable.

WalkerIVIV

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Cryptocasino.com

Quote from: alimarh on August 20, 2018, 09:41:07 PM

Quote from: Baimovic on August 14, 2018, 11:06:29 AM

when the market bearish, and all the altcoins fall, even the crypto king also falls, there is a coin that catches my attention, that coin is Tether. the value cannot be affected by the correction.

Tether is an altcoin that has a lot of mysteries, when it was first released to the market, tether coin used for alternative reserves that replaced USD in trading activities in several exchanges.

the Tether inc company claims that Tether is backed up by USD, and every Tether has the same value of USD
1: 1. but something makes me doubt is that there is no official agreement between Tether and USD. the meaning has no legality value between Tether and USD.

today I have seen Tether on the market, and its value is stable, and has the same value with USD.

finally, I believe that Tether is USD and USD is Tether.

Tether doesn't need to have any agreement with any USD, USD is just a currency, Tether has agreement with the banks where they hold the said money, so the agreement should be between Tether and the banks and of which i believe that is in place.

Can you show me where is the agreement between tether and the bank because i never see that has happened. it may better if you cna try to tell me the evidence about that.
tether has no correlation with the bank and there was no bank that create an agreement with tether.

DanielJacob

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Tether can be good and sustainable coin. When all crypto showing theeir worst time then it's can be best time to improve for tether.

GreenInformation547

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I have no personal exprience about tether but I am interested about tether. And hope it will be good exprience for me to invest on tether.

Msworld83

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StableDex | Decentralized, Secure & Cost Effective

Tether to me is a coin that is use to stable the value of your with when market is downside, and it gives chance to get more value at dip but many see it as a tools for manipulation , though its also used to manipulate but the main reason is for all to move out when dip and get in when moon for more value .

Topic: my conclusion about Tether (Read 395 times)