it's always the means of preventing the value from plummeting simply because of volatility, moreover if it's using USDT from blockchain like matic, it's gonna be significantly cheaper and faster, the confirmation would arrives almost immediately. but surely the main concern is saving the value of the money, because sometimes, massive correction could occur within minutes and your money would already either get reduced or increasing.
Not the case we have to worry if we just only paying Bitcoin to Bitcoin because the value will remain like 1BTC = 1BTC. But if we are paying Bitcoin to USDT, we can expect changes in its value and might it drop. That is why in this situation, users are preferred to use USDT to USDT in order to make no change in its value, and $50 = $50. And considering the transaction fees and confirmations could be a big factor that people had to choose Tether over BTC. 
Topic: reasons why someone wants to pay in tether and not bitcoin? - page 3. (Read 673 times)
it's always the means of preventing the value from plummeting simply because of volatility, moreover if it's using USDT from blockchain like matic, it's gonna be significantly cheaper and faster, the confirmation would arrives almost immediately. but surely the main concern is saving the value of the money, because sometimes, massive correction could occur within minutes and your money would already either get reduced or increasing.
Not the case we have to worry if we just only paying Bitcoin to Bitcoin because the value will remain like 1BTC = 1BTC. But if we are paying Bitcoin to USDT, we can expect changes in its value and might it drop. That is why in this situation, users are preferred to use USDT to USDT in order to make no change in its value, and $50 = $50. And considering the transaction fees and confirmations could be a big factor that people had to choose Tether over BTC. 
What could be the reason for someone wanting to pay in Tether and not bitcoin?
my understanding is that using bitcoin, you will not have to worry about your crypto being frozen.
Could there be any reason for tether being advantageous in such transaction?
For payment only, although i have bitcoin maybe i will convert to tether, because with tether sometimes merchant have list of options about network that we can use. Of course i will pick which cost lowest fee, because people doing payment not only about big transaction but every transaction although it is only a few dollar. my understanding is that using bitcoin, you will not have to worry about your crypto being frozen.
Could there be any reason for tether being advantageous in such transaction?
It affects the condition in terms of fees most of the time, traders or end users will check with how much will be the cost and see also the speed when doing the transactions.
I can say that personally, tether will be a good option if you want to do it without worrying about changes
of the value, with crypto, volatility affects the amount or the value of your transactions, plus the fee
that you needed to pay.
What could be the reason for someone wanting to pay in Tether and not bitcoin?
my understanding is that using bitcoin, you will not have to worry about your crypto being frozen.
Could there be any reason for tether being advantageous in such transaction?
For payment only, although i have bitcoin maybe i will convert to tether, because with tether sometimes merchant have list of options about network that we can use. Of course i will pick which cost lowest fee, because people doing payment not only about big transaction but every transaction although it is only a few dollar. my understanding is that using bitcoin, you will not have to worry about your crypto being frozen.
Could there be any reason for tether being advantageous in such transaction?
it's always the means of preventing the value from plummeting simply because of volatility, moreover if it's using USDT from blockchain like matic, it's gonna be significantly cheaper and faster, the confirmation would arrives almost immediately. but surely the main concern is saving the value of the money, because sometimes, massive correction could occur within minutes and your money would already either get reduced or increasing.
If someone prefers to choose stablecoins like Tether, the reason is because of the volatility. There are people who always feel afraid about the volatility, they don't want it to decrease the value significantly. Bitcoin has high volatility although it is the most trusted crypto coin. So, it is possible if there is a person who prefers stablecoins. But personally, I think Bitcoin is better if the purpose to hold the coins as an investment. Stablecoins won't increase their values significantly, while Bitcoin can rise the value very significantly every 4 years.
Bitcoin has volatility like it can pump or dump anytime. That's why some people don't like Bitcoin. They feel comfort with stable coins like Tether or any other stable coins. There could be more reason.
Yeah, this is one reason, and let's put it this way, someone wanted to received stable coins so that they can hedge it somewhat against Bitcoin's volatility. So it's the safe bet, as the volatility can't be control. It might just be a small gamble on the part of both parties.
Specially for those who are going to received it, volatility works both ways, you received the payments and suddenly the price goes up? At least you can make some money with that small increased too. But as I have said, it's a gamble that not everyone is willing to take the risk.
In terms of payments, stablecoins are actually far more dominant than bitcoin, both cheap transaction fees and almost instant confirmation time, very convenient. But did you miss the recent news about BUSD? I think BUSD is no longer safe and may not be around much longer in the market. I would still believe in USDT more than any stablecoin, many people think USDT is unsafe, but by far, it is the largest and most used stablecoin on the market.
I found that to be FUD and nothing more, I get that it is considered to be some securities by USA and all that, but that's just another story on the whole "binance will crash too!" thing. Think about it, Binance controls over half of all the trades made in the crypto world, and the other companies are not small neither, they can pay tens of millions of dollars to every single congressman and they would still have money leftover for some more bribers, which I believe that to be the case.I think these competitions realized that they can't make as good of a website as binance could, and they can't get the customers, so they are just paying big names to FUD binance as much as they can.
Bitcoin has volatility like it can pump or dump anytime. That's why some people don't like Bitcoin. They feel comfort with stable coins like Tether or any other stable coins. There could be more reason.
Besides the long confirmation time, the volatility of bitcoin is also a reason, I really don't want to pay in bitcoin because I don't want to incur any additional loss if bitcoin volatility. Bitcoin could be profitable in the future so using it really feels wasteful, while tether or stablecoin is not profitable and is no different from fiat, so I would use that instead of bitcoin.
To me, bitcoin is an asset, an investment. I am trying to accumulate as many bitcoins as possible, I only use them when I have no other choice, other than that, I will hold them until I reach my goal.
Willing to accept USDT makes sense, I would definitely accept that if I could, or even BUSD would do, because those two things are a lot more stable and whenever I get paid, I change most of my bitcoins into BUSD right away anyway, I leave some btc for investment reasons of course but that's another subject.To me, bitcoin is an asset, an investment. I am trying to accumulate as many bitcoins as possible, I only use them when I have no other choice, other than that, I will hold them until I reach my goal.
So that means when being paid, bitcoin is both a lot more expensive to use, and it is a lot slower, and at the same time it is more volatile, all of which is a reason not to use it. I personally believe that if you use BUSD instead for payments, that would be a lot better because it is quicker, cheaper, and stable all at the same time, much better end result.
In terms of payments, stablecoins are actually far more dominant than bitcoin, both cheap transaction fees and almost instant confirmation time, very convenient. But did you miss the recent news about BUSD? I think BUSD is no longer safe and may not be around much longer in the market. I would still believe in USDT more than any stablecoin, many people think USDT is unsafe, but by far, it is the largest and most used stablecoin on the market.
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Maybe they prefer to pay with Tether and keep the bitcoins for long term purposes. If they pay with bitcoins, they have to wait for the bitcoin price to rise before they can convert their bitcoins to stable coins and then send them to their bank account.
But when they pay with Tether, the amount they pay doesn't change and they can send it right away. They can use a cheaper network for the cost problem to solve that matter. Maybe the only reason is that the amount you sent has not changed.
But when they pay with Tether, the amount they pay doesn't change and they can send it right away. They can use a cheaper network for the cost problem to solve that matter. Maybe the only reason is that the amount you sent has not changed.
The changes or the movement in price are affecting those who understand how crypto market works. They will choose to pay in Tether as there's no movement in terms of value, aside from fiat pairs, I guess.
But with Bitcoin, if you are unlucky and the timing is not right, you'll lose your opportunity to earn decently,
as the market movement is unpredictable with crypto/bitcoin, the value can pump up or dump down in any
moment of time.
But if they use bitcoin, there is also no problem because if they can hold it for a long time, they can definitely get big profits. But it will come back to their business strategy because they can use the money they get to develop their business so they prefer Tether, which doesn't fluctuate too often.
What could be the reason for someone wanting to pay in Tether and not bitcoin?
my understanding is that using bitcoin, you will not have to worry about your crypto being frozen.
Could there be any reason for tether being advantageous in such transaction?
I have transfer tether between with friends several times. It was a great way to list these stablecoins as they arrived instantly and their amount was accurate. In bitcoin, you would have to wait a certain amount of time. It all depends on the parameters at which it is sent. Recently, the payment for the bounty campaign from the manager went to my wallet for 10 hours.my understanding is that using bitcoin, you will not have to worry about your crypto being frozen.
Could there be any reason for tether being advantageous in such transaction?
Besides the long confirmation time, the volatility of bitcoin is also a reason, I really don't want to pay in bitcoin because I don't want to incur any additional loss if bitcoin volatility. Bitcoin could be profitable in the future so using it really feels wasteful, while tether or stablecoin is not profitable and is no different from fiat, so I would use that instead of bitcoin.
To me, bitcoin is an asset, an investment. I am trying to accumulate as many bitcoins as possible, I only use them when I have no other choice, other than that, I will hold them until I reach my goal.
Yes, Tether has many advantages, such as anonymity.
Also, if you paid for something via Tether, you will always know how much you spent at that moment. Even if you look at this transaction after a long time. As for bitcoin, you will have to find out what the price was for it at that moment in order to understand how much it cost in dollars.
Besides the long confirmation time, the volatility of bitcoin is also a reason, I really don't want to pay in bitcoin because I don't want to incur any additional loss if bitcoin volatility. Bitcoin could be profitable in the future so using it really feels wasteful, while tether or stablecoin is not profitable and is no different from fiat, so I would use that instead of bitcoin.
To me, bitcoin is an asset, an investment. I am trying to accumulate as many bitcoins as possible, I only use them when I have no other choice, other than that, I will hold them until I reach my goal.
Willing to accept USDT makes sense, I would definitely accept that if I could, or even BUSD would do, because those two things are a lot more stable and whenever I get paid, I change most of my bitcoins into BUSD right away anyway, I leave some btc for investment reasons of course but that's another subject.To me, bitcoin is an asset, an investment. I am trying to accumulate as many bitcoins as possible, I only use them when I have no other choice, other than that, I will hold them until I reach my goal.
So that means when being paid, bitcoin is both a lot more expensive to use, and it is a lot slower, and at the same time it is more volatile, all of which is a reason not to use it. I personally believe that if you use BUSD instead for payments, that would be a lot better because it is quicker, cheaper, and stable all at the same time, much better end result.
People had chosen Tether or stablecoin not because they don't want to spend their Bitcoin, in fact, they are converting it to Tether. But because of the volatility of Bitcoin, unlike stablecoins.
Actually, there is no problem with paying in Bitcoin but if they don't accept it, then we have no choice but to pay with Tether. And this is another reason that urges them to just use a tether instead of Bitcoin, it was because the receiving party doesn't accept it.
Actually, there is no problem with paying in Bitcoin but if they don't accept it, then we have no choice but to pay with Tether. And this is another reason that urges them to just use a tether instead of Bitcoin, it was because the receiving party doesn't accept it.
Of course it's all because the price is stable. Tether has a stable price so if you have bought $400 on USDT it is almost certain it will be a fixed price unlike Bitcoin where it will fluctuate in price. But if you want to speculate for profit then of course BTC is a good choice in my opinion.
Maybe they prefer to pay with Tether and keep the bitcoins for long term purposes. If they pay with bitcoins, they have to wait for the bitcoin price to rise before they can convert their bitcoins to stable coins and then send them to their bank account.
But when they pay with Tether, the amount they pay doesn't change and they can send it right away. They can use a cheaper network for the cost problem to solve that matter. Maybe the only reason is that the amount you sent has not changed.
But when they pay with Tether, the amount they pay doesn't change and they can send it right away. They can use a cheaper network for the cost problem to solve that matter. Maybe the only reason is that the amount you sent has not changed.
The changes or the movement in price are affecting those who understand how crypto market works. They will choose to pay in Tether as there's no movement in terms of value, aside from fiat pairs, I guess.
But with Bitcoin, if you are unlucky and the timing is not right, you'll lose your opportunity to earn decently,
as the market movement is unpredictable with crypto/bitcoin, the value can pump up or dump down in any
moment of time.
The charges for tether I believe is lower than that of Bitcoin. Bitcoin is more volatile and as such prices may vary within seconds of a transaction. Hence why it is first exchanged for tether which is more stable.
Besides this, maybe such persons learnt how to pay for transactions that way. It is now like a culture or tradition for certain transactions.
Besides this, maybe such persons learnt how to pay for transactions that way. It is now like a culture or tradition for certain transactions.
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Maybe they prefer to pay with Tether and keep the bitcoins for long term purposes. If they pay with bitcoins, they have to wait for the bitcoin price to rise before they can convert their bitcoins to stable coins and then send them to their bank account.
But when they pay with Tether, the amount they pay doesn't change and they can send it right away. They can use a cheaper network for the cost problem to solve that matter. Maybe the only reason is that the amount you sent has not changed.
But when they pay with Tether, the amount they pay doesn't change and they can send it right away. They can use a cheaper network for the cost problem to solve that matter. Maybe the only reason is that the amount you sent has not changed.
They just don't want to have a technical crypto market where they need to wait for a price pump when the price of bitcoins suddenly crashed or when it is suffering a bearish wave. Because when you have Tether, you won't gonna be worried about the price volatility but you won't have a chance to multiply your profits also you need to understand that, having USDT in your wallet does not mean like having bitcoins because no one is there to freeze your account, but when you holding Tether, you are recommended to withdraw it as soon as possible to avoid such things to happen or something like that because it is centralized, unlike Bitcoin.
I'd use stablecoin to pay too, I don't want to waste my Bitcoin, I haven't spent any of it for all years I'm buying it.
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