Topic: USDT keeps getting better - page 2. (Read 779 times)
Yes, right. I also have the same opinion. Because besides USDT has Fiat currency, USDT also has a very strong influence on the world's economic rate. so for it is right if we maintain the assets we have become USDT
There is no doubt that USDT is the best Stable coins in the space, thanks to FUD from the competitors some of which are warranted but if not for USDT Crypto market will not be where we are presently. I just feel what Tether team need to do to cement their top position is better transparency and improve in public perception of the coin
There will always be restriction to issue stable coin. If that was not backed by 1USDT:1USD ratio and the new USDT will never be printed.
The concept stay the same, stable coin might change in value as you said but not as volatile like any crypto which the value can pump high and really provide huge profits.
It will closely near to US dollar value if not the same due to some adjustments, good for storing your investment while trying to
figure out which coin you wanted to participate and place your money.
Not exempt to the rule but very near in terms of value.
There will always be restriction to issue stable coin. If that was not backed by 1USDT:1USD ratio and the new USDT will never be printed.
From $0.99 to $1.
Well, if that's what they say about increasing, did they consider it as an investment?
There will always be restriction to issue stable coin. If that was not backed by 1USDT:1USD ratio and the new USDT will never be printed.
There will always be restriction to issue stable coin. If that was not backed by 1USDT:1USD ratio and the new USDT will never be printed.
That's right USDT is great! and the price is currently going up, I think? does USDT make their own coins? without any restrictions?
Yes, the price is obviously very good because it has increased from the previous one, but for their own coin making so far I don't know because there is nothing in circulation about it so far.I'm still confused why someone hates USDT. This is a stablecoin and this is the most used stable coin in exchanges. So, I personally don't mind enough about this, as long as we can still use it, why not?
And moreover sometimes I can take profits from converting USDT to my local currency
There are many reasons for this but the two main reasons are that to begin with many of those that came to bitcoin originally wanted to escape fiat currencies because they think they are a scam and the inclusion of a centralized fiat currency to the market is something they do not like at all, and the second reason has to do with the claims of USDT, supposedly each one of their coins is backed by one dollar but those assurances have been put into question and even right now there are some lawsuits against the owners of this coin precisely for those reasons. And moreover sometimes I can take profits from converting USDT to my local currency
if some traders or investors want to invest with a relatively small risk then USDT is the right choice because the price movement is relatively stable, but if traders want to multiply their assets, there are lots of attractive altcoin choices to make our investments.
in my opinion, USD is still the favorite choice for some people who are into the world of crypto, including me
in my opinion, USD is still the favorite choice for some people who are into the world of crypto, including me
Tether is becoming the biggest stable coin by market cap and largest trading volume. All coins have ever flowed through Tether.
I noticed that in 2017 there was only around $ 200 million Tether that made Bitcoin reach $ 20k and now there are over 48 billion Tether printed in Bitcoin reaching $ 60k. Tether's rate and Bitcoin's growth, cryptocurrency market capitalization is clear.
Although in the past Tether had many troubles about their money not being met at banks, but the problem has been solved. Tether is a very reliable cryptocurrency right now.
I noticed that in 2017 there was only around $ 200 million Tether that made Bitcoin reach $ 20k and now there are over 48 billion Tether printed in Bitcoin reaching $ 60k. Tether's rate and Bitcoin's growth, cryptocurrency market capitalization is clear.
Although in the past Tether had many troubles about their money not being met at banks, but the problem has been solved. Tether is a very reliable cryptocurrency right now.
After reaching a deal and paying $ 18 million for the lawsuit, Tether got stronger as they printed more money. The number of Tether issued is proportional to the increase in market capitalization. There are a lot of DEFI projects that use Tether to lock in liquid tanks so Tether indirectly leverages the crypto space. I believe there will be more blockchains that support Tether.
USDT is currently the number 1 regular trading volume in the market that surpasses Bitcoin, Ethereum, Rippe, ... Probably all currency pairs traded with USDT. In my opinion, DEFI is the trend and the new blockchains will have their own AMM, so integrating USDT into different chains will be an advantage for USDT to expand its space.
USDT is a good place to avoid storms during strong market corrections. Today I have seen USDT increase 10% compared to a normal day.
USDT is a good place to avoid storms during strong market corrections. Today I have seen USDT increase 10% compared to a normal day.
That's right USDT is great! and the price is currently going up, I think? does USDT make their own coins? without any restrictions?
Yes, the price is obviously very good because it has increased from the previous one, but for their own coin making so far I don't know because there is nothing in circulation about it so far.What you are talking about is very true that USDT is a good token and USDT can be exchanged into US dollars via the Tether Platform.
It should also be noted that USDT is here to protect its users from the high volatility of the cryptocurrency space. and it looks like the USDT developers are not interested in making their own coins.
my hope is for usdt to sort their loopholes or shortcomings and be transparent about their dealings.
I think they already sort it out I guess. They paid some fine probably just like xrp did but come one this one is so easy provided they are printing a lots of usdt. The announcement or rumors on kusama and dot blockchain is one of the biggest positive news for tether. Maybe some will change their view about it eve though a little. I would never hold my breath for these things. Tether is highly centralized and they would never want to change the way they do things. Especially not if they could be found guilty of manipulation and cheating and yet only get away with a fine of a few millions when they have made billions and continue to do so.
Why need to change a good business model right?
USDT is getting more expansion by going on polkadot chain and kusama combined, this means USDT isn't playing around, I know not everyone likes USDT but what could go wrong on here? It's still the best stable coin I've known till date, 
don't mind me if you are USDT hater , read the full news below
https://www.theblockcrypto.com/post/100614/tether-usdt-stablecoin-polkadot-kusama
USDT is what I am facing now and guess what ? my timing is perfect because i had converted my Bitcoin to USDT at 62k level and yeah Now the price drops to 54k now and continue falling down now. don't mind me if you are USDT hater , read the full news below https://www.theblockcrypto.com/post/100614/tether-usdt-stablecoin-polkadot-kusama
Being one of the most renowned currency up to date, USDT established its name as one of the best out there. It's expansion on other network means better service and more options for all of us with lesser fee's I guess.
USDT is perfect as protection and yes , i must admit from being a Hater of USDT now i may say this save my investment .because i Do believe in Holding but i also believe in Buying and selling at the same time.
Being one of the most renowned currency up to date, USDT established its name as one of the best out there. It's expansion on other network means better service and more options for all of us with lesser fee's I guess.
Although not much increase like x10, USDT is good for short trading. The +5% increase is enough profit. Also it is safe not so much volatile to dump to the bottom. To be honest I also like usdt. Unfortunately, I don't have much because I sold and withdraw my usdt last couple of days. That day we were in great need, no other choice than to sold.
my hope is for usdt to sort their loopholes or shortcomings and be transparent about their dealings.
I think they already sort it out I guess. They paid some fine probably just like xrp did but come one this one is so easy provided they are printing a lots of usdt. The announcement or rumors on kusama and dot blockchain is one of the biggest positive news for tether. Maybe some will change their view about it eve though a little.
Yes, i like it, i like USDT. I can sell my coin and as USDT hold a period of time. We all know that the price of cryptos can fluctuate wildly, USDT can solve this problem. And when the time i need money, i can sell USDT.
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