ROFL.
before i even opened this topic i knew i would see a centralized shitcoin i never though that shitcoin is tether, i thought a coin that usually people bag hold like XRP or something.
as for tether what do you think people are using it for? they are day traders who are utilizing this shitcoin to make profit and put it in their bitcoin wallets as they increase their [bitcoin] wealth. in fact the only usage tether has is in the altcoin market as people don't want to get dumped on and don't have access to fiat markets so they are stuck with a fiat-lookalike to trade altcoins and make profit.
Topic: The World’s Most-Preferred Cryptocurrency Isn’t Bitcoin - page 3. (Read 558 times)
Before I even click the link...Coinmarketcap data?
Bingo, what else!
Now, before anything stupid gets posted here:
Checking the pairs usdt is traded against by volume and exchanges, the first 10 and 19 out of 20 are USTD/BTC.
So...no BTC...no tether!
Second, just because some shady exchanges inflate their trading numbers this doesn't make tether the "world" most preferred cryptocurrency. When tether will have as many shops accepting only tether as bitcoin does, then it will be.
Till then, it's just another shitty stable coin.
And yeah, a website ranked on the 250000 place in the world by traffic is doing 600 million $ in volume.
Legit!!!
I agree with you 100%, a lot of exchanges fake their trading volumes and I think this isn't a new thing: https://www.coindesk.com/fake-volume-on-crypto-exchanges-isnt-the-half-of-itBingo, what else!
Now, before anything stupid gets posted here:
Checking the pairs usdt is traded against by volume and exchanges, the first 10 and 19 out of 20 are USTD/BTC.
So...no BTC...no tether!
Second, just because some shady exchanges inflate their trading numbers this doesn't make tether the "world" most preferred cryptocurrency. When tether will have as many shops accepting only tether as bitcoin does, then it will be.
Till then, it's just another shitty stable coin.
And yeah, a website ranked on the 250000 place in the world by traffic is doing 600 million $ in volume.
Legit!!!
Also there is a little talk about tether.
And also again, tether isn't a stablecoin at all. But if we talk about it's popularity, then tell me, are these businessmen sane when they prioritize bitcoin over other cryptocurrencies? If any shop or business accepts cryptocurrency, that's bitcoin at first, also it's possible to pay taxes with bitcoin in Uhio, not with tether, yeah, it's like that.
You should take a look this website. https://coinmarketcap.com/ and you have to check volume 24H section. I think this posts and blogs completely clickbait and completely for google ads 
But nobody reads them in shock because it's all bullshit.
But nobody reads them in shock because it's all bullshit.
One thing that cannot be argued about here is that BTC is the generally accepted coins for most transactions/exchange in the cryptosphere, and not tether. I'm not going to even argue whether or not this information shared is tru or reliable, but one thing is certain here, and it is the fact that the world's most preferred cryptocurrency is bitcoin.
We cannot deny that the transaction regarding tether is very high compared to bitcoin since tether is US dollar itself. Tether is like a digital number on your bank account when you deposit some cash and this digital currency that represents dollar is stable in value compared to cryptocurrency out there. Thus because of its nature it has more volume of transactions compared to bitcoin and other crypto currencies. But people does not really see tether as a cryptocurrency but they see it as a US dollar representative. Hence, bitcoin is still the worlds most preferred cryptocurrency for me.
Bitcoin which weighs around 70% of all computerized resource world's reasonable worth was whipped by Tether which presently reigns as the most utilized cryptographic money in the advanced market exceptional.
In flunky's fund market reports and consequences of any exchange and volumes are elusive in any outlines present on the web.
An as of late announced information from CoinMarketCap.com shows Tether having the most elevated volume in both day and month to month exchanges, Yet Tether has multiple times littler market upper casing, But in April Tether took over Bitcoin for having a higher exchanging volume and has Increased from that and has been stretching around $21 Billion every day, seen toward the beginning of August.
Tether is presently right now exchanging at $1.01 USD and has a ROI (Return on Investment) of 0.52%, It has a Globally assigned position of #4. It has a market top of $4,129,600,377 USD, it has an all out inventory of 4,207,771,504 USDT . Tether has an identical estimation of 500,902 BTC in Bitcoins. In the present month Tether's exchanging volume was 18% more than that of Bitcoin, which imprints tie as a significant coin and resource in the digital currency biological system.
News Source: TheCoinRepublic
In flunky's fund market reports and consequences of any exchange and volumes are elusive in any outlines present on the web.
An as of late announced information from CoinMarketCap.com shows Tether having the most elevated volume in both day and month to month exchanges, Yet Tether has multiple times littler market upper casing, But in April Tether took over Bitcoin for having a higher exchanging volume and has Increased from that and has been stretching around $21 Billion every day, seen toward the beginning of August.
Tether is presently right now exchanging at $1.01 USD and has a ROI (Return on Investment) of 0.52%, It has a Globally assigned position of #4. It has a market top of $4,129,600,377 USD, it has an all out inventory of 4,207,771,504 USDT . Tether has an identical estimation of 500,902 BTC in Bitcoins. In the present month Tether's exchanging volume was 18% more than that of Bitcoin, which imprints tie as a significant coin and resource in the digital currency biological system.
News Source: TheCoinRepublic
Let's do one thing. Remove all trading pairs from the crypto exchanges and make one unified rule where traders are allowed to buy and sell any cryptos using only fiat. No other trading pairs will be allowed.
I want to see how much volume USDT receives after this! USDT is just a vehicle of investment and trade. It is a mediator currency, not a preferred one!
Bitcoin which weighs around 70% of all computerized resource world's reasonable worth was whipped by Tether which presently reigns as the most utilized cryptographic money in the advanced market exceptional.
In flunky's fund market reports and consequences of any exchange and volumes are elusive in any outlines present on the web.
An as of late announced information from CoinMarketCap.com shows Tether having the most elevated volume in both day and month to month exchanges, Yet Tether has multiple times littler market upper casing, But in April Tether took over Bitcoin for having a higher exchanging volume and has Increased from that and has been stretching around $21 Billion every day, seen toward the beginning of August.
Tether is presently right now exchanging at $1.01 USD and has a ROI (Return on Investment) of 0.52%, It has a Globally assigned position of #4. It has a market top of $4,129,600,377 USD, it has an all out inventory of 4,207,771,504 USDT . Tether has an identical estimation of 500,902 BTC in Bitcoins. In the present month Tether's exchanging volume was 18% more than that of Bitcoin, which imprints tie as a significant coin and resource in the digital currency biological system.
News Source: TheCoinRepublic
In flunky's fund market reports and consequences of any exchange and volumes are elusive in any outlines present on the web.
An as of late announced information from CoinMarketCap.com shows Tether having the most elevated volume in both day and month to month exchanges, Yet Tether has multiple times littler market upper casing, But in April Tether took over Bitcoin for having a higher exchanging volume and has Increased from that and has been stretching around $21 Billion every day, seen toward the beginning of August.
Tether is presently right now exchanging at $1.01 USD and has a ROI (Return on Investment) of 0.52%, It has a Globally assigned position of #4. It has a market top of $4,129,600,377 USD, it has an all out inventory of 4,207,771,504 USDT . Tether has an identical estimation of 500,902 BTC in Bitcoins. In the present month Tether's exchanging volume was 18% more than that of Bitcoin, which imprints tie as a significant coin and resource in the digital currency biological system.
News Source: TheCoinRepublic
Yeah, i have seen this. If you want to see how much Tether is better than Bitcoin, just try comparing their use cases. You won't find merchants or services accepting Tether. Not to mention that numerous exchanges tend to inflate their trading numbers. And don't even get me started on Tether controversies.
CMC data is always incorrect. Sometimes a coin we've never heard of can suddenly enter the top 10. Moreover, the comparison of Bitcoin and USDT is not even correct. Tether is just a tool. Bitcoin is the actual cryptocurrency. I think you should first understand what Tether is.
Tether is very much limited on exchange-exchange trades/transactions and not really P2P or people to establishments/services in the real world, so no, Tether is far from being the preferred cryptocurrency on real-world transactions. The description of the OP doesn't match what the real world has, and have playfully misinterpreted the data--or mixed it up, whichever you prefer--on what it really does. Coinmarketcap only posts market movements within exchange platforms, and it does not include other establishments accepting cryptocurrencies as payment.
Heck, if you can even go to one establishment, just one, which will accept USDT in exchange for goods or services, I'd be in awe.
Heck, if you can even go to one establishment, just one, which will accept USDT in exchange for goods or services, I'd be in awe.
I have just a very short answer to this...
Btc is accepted technically every crypto-currency recognized establishments, not Tether
I guess a part of you already knew that Btc is king.
Btc is accepted technically every crypto-currency recognized establishments, not Tether
I guess a part of you already knew that Btc is king.
Based on data tether might have gained more exchange volume against bitcoin over the past few days. This doesn't mean tether to be the most preferred cryptocurrency. If tether is the most preferred cryptocurrency why can't we find online stores as well as other platforms to accept tether into their businesses same as bitcoin or ethereum. Tether is just a Stablecoin which is much preferred for the trading needs. This is where it gets the increased volume, and if the same is achieved through transactions and other forms of spending then it is agreeable that tether is the most preferred among cryptocurrencies.
Before I even click the link...Coinmarketcap data?
Bingo, what else!
Now, before anything stupid gets posted here:
Checking the pairs usdt is traded against by volume and exchanges, the first 10 and 19 out of 20 are USTD/BTC.
So...no BTC...no tether!
Second, just because some shady exchanges inflate their trading numbers this doesn't make tether the "world" most preferred cryptocurrency. When tether will have as many shops accepting only tether as bitcoin does, then it will be.
Till then, it's just another shitty stable coin.
And yeah, a website ranked on the 250000 place in the world by traffic is doing 600 million $ in volume.
Legit!!!
Bingo, what else!
Now, before anything stupid gets posted here:
Checking the pairs usdt is traded against by volume and exchanges, the first 10 and 19 out of 20 are USTD/BTC.
So...no BTC...no tether!
Second, just because some shady exchanges inflate their trading numbers this doesn't make tether the "world" most preferred cryptocurrency. When tether will have as many shops accepting only tether as bitcoin does, then it will be.
Till then, it's just another shitty stable coin.
And yeah, a website ranked on the 250000 place in the world by traffic is doing 600 million $ in volume.
Legit!!!
Bitcoin which weighs around 70% of all computerized resource world's reasonable worth was whipped by Tether which presently reigns as the most utilized cryptographic money in the advanced market exceptional.
In flunky's fund market reports and consequences of any exchange and volumes are elusive in any outlines present on the web.
An as of late announced information from CoinMarketCap.com shows Tether having the most elevated volume in both day and month to month exchanges, Yet Tether has multiple times littler market upper casing, But in April Tether took over Bitcoin for having a higher exchanging volume and has Increased from that and has been stretching around $21 Billion every day, seen toward the beginning of August.
Tether is presently right now exchanging at $1.01 USD and has a ROI (Return on Investment) of 0.52%, It has a Globally assigned position of #4. It has a market top of $4,129,600,377 USD, it has an all out inventory of 4,207,771,504 USDT . Tether has an identical estimation of 500,902 BTC in Bitcoins. In the present month Tether's exchanging volume was 18% more than that of Bitcoin, which imprints tie as a significant coin and resource in the digital currency biological system.
News Source: TheCoinRepublic
In flunky's fund market reports and consequences of any exchange and volumes are elusive in any outlines present on the web.
An as of late announced information from CoinMarketCap.com shows Tether having the most elevated volume in both day and month to month exchanges, Yet Tether has multiple times littler market upper casing, But in April Tether took over Bitcoin for having a higher exchanging volume and has Increased from that and has been stretching around $21 Billion every day, seen toward the beginning of August.
Tether is presently right now exchanging at $1.01 USD and has a ROI (Return on Investment) of 0.52%, It has a Globally assigned position of #4. It has a market top of $4,129,600,377 USD, it has an all out inventory of 4,207,771,504 USDT . Tether has an identical estimation of 500,902 BTC in Bitcoins. In the present month Tether's exchanging volume was 18% more than that of Bitcoin, which imprints tie as a significant coin and resource in the digital currency biological system.
News Source: TheCoinRepublic
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