my conclusion about Tether - page 3.

Binugon

jr. member

Activity: 182

Merit: 1

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.

Bitcoin generally always experiences very extreme fluctuations, so investors will exchange temporary USDT in order to avoid extreme fluctuations.

Pursuer

legendary

Activity: 1638

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Where is my ring of blades...

you haven't talked about your reasons why you think it though.
yes tether is stable at $1 and yes it is being used a lot nowadays based on the trading volume that goes into it but at the end of the day it is a centralized altcoin, it is NOT USD.

and that means a high risk involved because it is centralized and if the company behind it starts acting weak or goes down then the price of this token will drop down to zero in a blinking of an eye just as fast as it went up. there is also restrictions in using it which makes it less than a real cryptocurrency.

Zin-Zang

member

Activity: 364

Merit: 13

Killing Lightning Network with a 51% Ignore attack

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

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

Quote from: Katewind on August 14, 2018, 12:09:31 PM

That's right. Only USDT (Tether) is the most stable in this crypto market and now there are many investors holding usdt as a safe asset .

TUSD and DAI also exist. Some people say that using TUSD or DAI is even safer than holding USDT. I suggest taking a look on to both:

TooDumbForBitcoin

legendary

Activity: 1638

Merit: 1001

Quote from: maloibtc on August 14, 2018, 12:04:04 PM

Thanks for sharing useful information, I will consider getting this coin. Now, I am still holding coins like ether and btc because I consider them profitable with a good potential and think they will rise in price

You must do a search about stable coins

not all of them are really stable but most of... And soon we will have even more such coins/tokens

Katewind

member

Activity: 121

Merit: 92

That's right. Only USDT (Tether) is the most stable in this crypto market and now there are many investors holding usdt as a safe asset .

maloibtc

member

Activity: 322

Merit: 10

Thanks for sharing useful information, I will consider getting this coin. Now, I am still holding coins like ether and btc because I consider them profitable with a good potential and think they will rise in price

mk4

legendary

Activity: 2870

Merit: 3873

Paldo.io 🤖

Tether seems to be working well especially right now as we are in a multi-month bear market, whereas a lot of people are most likely putting up their investments in to tether to protect themselves from the volatility. The thing is, sure they've claimed that every USDT is backed by actual USD, but there still haven't been proof of this(as far as I know) even though a few big names in the cryptocurrency space are saying that USDT is indeed backed. The people still want to see an audit or something.

Baimovic

full member

Activity: 1210

Merit: 100

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.

coinscircle

member

Activity: 202

Merit: 10

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.

Baimovic

full member

Activity: 1210

Merit: 100

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.

Topic: my conclusion about Tether - page 3. (Read 395 times)