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Topic: Why is the USDT crashing? (Read 1213 times)

jr. member
Activity: 406
Merit: 1
December 17, 2018, 03:49:06 PM
Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation?
I don't know why you think the usdt might do something bad ? I see that the usdt went to the people and connected the verification and passing it you can output in dollars , I think it is unlikely to be closing the usdt
member
Activity: 280
Merit: 10
Fast, Smart, Trustworthy
December 16, 2018, 05:29:41 AM
Although USDT is a cryptocurrency based on US dollars, its price will still vary with the transaction. This is a problem that all cryptocurrencies must face.
member
Activity: 322
Merit: 10
December 16, 2018, 05:26:19 AM
Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation?

The market is already crumbling because most tokens are dead and buried. I do not think that one coin is able to change something.
full member
Activity: 602
Merit: 101
December 12, 2018, 11:06:43 AM
Too much noise and talk around the USDT, I have often heard that the coin was created to make manipulations in the cryptocurrency market. But whether this is the case or not, we will not know, because we are too far from the truth and are not experts. The capitalization of the USDT shows that the trust in this stablecoin is great and it is still used.
The USDT project has been talked about for a very long time, but in spite of all this today, there are still no problems with the USDT project today it has become clear that the USDT project is working with BitFinex, and as far as I understand it is their project
jr. member
Activity: 168
Merit: 1
“Justice as a Service Infrastructure”
December 12, 2018, 04:58:34 AM
Too much noise and talk around the USDT, I have often heard that the coin was created to make manipulations in the cryptocurrency market. But whether this is the case or not, we will not know, because we are too far from the truth and are not experts. The capitalization of the USDT shows that the trust in this stablecoin is great and it is still used.
full member
Activity: 602
Merit: 101
December 11, 2018, 10:50:58 AM
USDT is not so much impact on the entire market, so you have to be calm, there is no chance of failure caused by USDT in the near future.
And on the contrary, I think, and I’m absolutely sure of this, that it is the USDT that gives people such misfortunes, which today have brought the whole world into such a situation. It is a pity to understand this, so it seems to me that something needs to be done about it.
member
Activity: 456
Merit: 15
December 11, 2018, 05:45:20 AM
This is usually the case that the holder has been panicked by the impact of the news media or other public opinion. I still remember that day, Bitcoin rose 20% in the period of time. This is the first time I saw the spectacular. However, after a few hours, Bitcoin recovered its original price and the stable currency continued to stabilize.
member
Activity: 406
Merit: 10
December 10, 2018, 07:32:45 PM
It is claimed that Tether is backed by $ but there were some rumors that it is not fully backed and a panic
selling of Tether has started and that resulted in a price crashing. If Tether would collapse it would surely
effect the whole market but it is not the only stable coin so the market would survive without Tether.
jr. member
Activity: 308
Merit: 1
December 10, 2018, 06:05:37 PM
Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation?
I doubt that there will be a collapse of the usd, I do not see just a reason to close the coin , now seems to be even possible from the usdt immediately withdraw to your card .
member
Activity: 448
Merit: 10
December 10, 2018, 04:23:15 PM
There is no need to trust Tether. Because Tether itself has hidden his face to reveal his truth and as there is no legit third party to audit. Tether has not posted their audited accounts for several months, they had a contract with an auditing firm called Friedman LLP but was recently terminated for ‘unknown’ reasons.
member
Activity: 448
Merit: 17
December 10, 2018, 01:20:31 PM
If you able to see the history of the tether all the time it's worth 1 us dollar so if you able to convert you BTC and ETH into Tether in a higher stage you will able to buy more at the dip because Tether never scales with BTC or ETH.
sr. member
Activity: 1092
Merit: 257
LuckyB.it is Back!
December 10, 2018, 12:26:09 PM
USDT is not so much impact on the entire market, so you have to be calm, there is no chance of failure caused by USDT in the near future.
All the experts are know about the USDT potential it is one of the stable currency so price will never varied, But marketcap is depends on demand. The current market is totally damaged because of Bitcoin crash so we should concentrate in Bitcoin health. I hope next year is the wonderful year in crypto platform.
member
Activity: 210
Merit: 10
December 10, 2018, 12:20:10 PM
USDT is not so much impact on the entire market, so you have to be calm, there is no chance of failure caused by USDT in the near future.
full member
Activity: 602
Merit: 101
December 10, 2018, 12:15:39 PM
Market is already collapsing, becase most of tokens are dead and burried. I do no think tha single coin is able to change something.

This is a very negative view of things and I am sure that today there are other points of view, because today all the same it would be better not to panic but to save the tokens and not sell them, but to start investing in the market.
member
Activity: 448
Merit: 10
December 10, 2018, 12:14:25 PM
I don't think you should necessarily trust tether, they aren't really backed by anything and can create more of their currency whenever they want.  It's honestly somewhat concerning, I wouldn't keep much money in it for very long.
member
Activity: 294
Merit: 10
December 10, 2018, 11:56:51 AM
Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation?

Ethereum felt so heavy that even rapid growth was not able to cover all the losses. The same statement must be true for other altkoynov.
full member
Activity: 420
Merit: 111
December 09, 2018, 10:20:56 AM
Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation?
The market does not depend on any particular coin. And even if the USDT actually turns out to be a Scam, it will not affect the market. There will be other coins that will replace the USDT. And while he's okay
hero member
Activity: 1638
Merit: 518
December 09, 2018, 10:07:23 AM
USDT is a flat token,
i mean price always on 1 usd
same like PAX token or TrueUsd or another standar token.
when btc fall , tether pair with btc will grow .
and visa versa.
or , i have miss understanding about what TS mean ?
hero member
Activity: 826
Merit: 501
2local[IEO] - https://2local.io/
December 09, 2018, 09:14:21 AM
Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation?
The current market for cryptocurrencies will still be affected by large players, and the ideal of BTC decentralization is still far away.
member
Activity: 294
Merit: 14
December 09, 2018, 07:21:40 AM
Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation?

If BTC will fall to 5 thousand, the market will feel a great loss, but USDT - not the type of token that is able to be a leader in significant changes.
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