Topic: will tether collapse? - page 5. (Read 1242 times)
Some famous youtuber said, it will probably not collapse, even if there is no real dollar behind. And seems logical, it is a very popular coin. But personally would not buy it anyways, if I want to hodl in some stable coin, I pick Bitcoin.
There are rumours that this is pure FUD and some old screenshot from Binance. This is a screenshot from CZ of Binance
. Now earlier today, a tweet from Bitfinex announcing their new fiat deposit system to replace Tether, just a day after.
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Seems to me like this whole thing was well orchestrated.
. Now earlier today, a tweet from Bitfinex announcing their new fiat deposit system to replace Tether, just a day after. .Seems to me like this whole thing was well orchestrated.
IMHO it can't collapse. This is just rumors to through week hands from the market. It already lost its volumes and most of the exchanges replacing it. So nothing will happen even if it will disappear.
Yes! If Tether which is supposed to backed by real USED, is not backed by USD. Exchanges, specifically Bitfinex "is said to be" creating Tether out of thin air and using it to BUY BTC which obviously contributes to the downfall of crypto. If it's like that, it's a lot better not having "Tether" at all.
That also what i am thinking with tether and this might be listed as one of the biggest cryptocurrency scam. Because of the issue last time with bitfinex, tether will surely be on the hotseat again. I stopped using USDT as a trading pair because i dont wanted to be surprised that my funds turn to zero surprisingly if there will be a massive sell if they will accused as scam.
Today we all saw a strange situation, as the usd fell to the level of 0.94 dollar, as it can be called after that stable coin?
not anymore it is now unstable coin, unless tether and bifinex can show solid proof that they really have the backing of the current usdt circulation supply now which is $2 billion dollar tether will never go back to normal, its the trust of the community not the money that they lost,
One negative news is able to collapse one of the coins above, so you should be able to read the situation so you can take advantage of this time.
hi guys i just wanna ask if it is still practical to hold or use tether now, because im hearing negative issues that it might collapse soon coz its centralize and can be created without backing of real USD?
What are your thoughts?
Yesterday there was a lot of news that USDT was a scam and many investors sold it off and made the price of Bitcoin rise dramatically. This is a news that makes the USDT lose a lot of prestige and will soon collapse and lose to the USD. it is an obvious thing. What are your thoughts?
Do not know for sure if it will collapse or not but it is surely risky to hold it. Couple of exchanges suspended tether deposits/withdrawls today and its price is below $1, both red flags.
I heard some news about Binance and Kucoin removal of USDT pairing. Can this be confirm by those two exchange? I think the market will tremble since tether is one of the major easy life saver during ATH time. You can easily convert major coins to tether and buy back btc or alts when the market goes down again. But the impact of this news will not be good as tether served as the neutralizer of the market. Any thoughts about this? How the traders will now cash out their crypto? I know there are some thirdparty firm who aren't supported btc to fiat conversion on some countries due to high strict implementation about cryptocurrency.
hi guys i just wanna ask if it is still practical to hold or use tether now, because im hearing negative issues that it might collapse soon coz its centralize and can be created without backing of real USD?
What are your thoughts?
If i will look into the threads created here about tether,for sure same thiing will be on my mind that thisoin will die soonWhat are your thoughts?
But lets see what will happen for tomorrow lol
very confusing and do we have to worry? what is the biggest impact if tether experiences collapse? will the market get worse?
hi guys i just wanna ask if it is still practical to hold or use tether now, because im hearing negative issues that it might collapse soon coz its centralize and can be created without backing of real USD?
What are your thoughts?
What are your thoughts?
The possibility of Tether collapsing is very difficult because this crypto shows excellent stability in the crypto market. Although there was negative news yesterday for the USDT to fall to $ 0.95, the rate is now back to its $ 1. The failure of the USDT is impossible.
Today we all saw a strange situation, as the usd fell to the level of 0.94 dollar, as it can be called after that stable coin?
not anymore it is now unstable coin, unless tether and bifinex can show solid proof that they really have the backing of the current usdt circulation supply now which is $2 billion dollar tether will never go back to normal, its the trust of the community not the money that they lost,
Today we all saw a strange situation, as the usd fell to the level of 0.94 dollar, as it can be called after that stable coin?
Buy tether, if it goes back up to $1, garuanteed profit. If it falls to $0, all the value went to bitcoin and you've helped move bitcoin price.
But he lost his money.I never bought USDT but the news last year about tether printing around $300M.
It has been proven and said that its real money. If you think that $.85 is a good buy now.
You'll just sell when it goes a bit high.
hi guys i just wanna ask if it is still practical to hold or use tether now, because im hearing negative issues that it might collapse soon coz its centralize and can be created without backing of real USD?
What are your thoughts?
Im afraid it will,as for those threa thats talking about this.What are your thoughts?
Because this centralized coin has nothing to benfits in future,notlike ripple is being backed by bankers,tether backd up by nothing but the developers only,and now many investors are full out their investments inside and convert to more beneficial crypo
$490 price difference of Bitcoin, thanks to Tether right now (going out of Tether and into Bitcoin) :
Bitfinex (Tether) : $6899
Bitstamp, Kraken, GDAX (Coinbase Pro), Gemini, CEX (Non-Tether) : $6409
When you have this much spread and it is not diminishing, then there clearly is a problem.
More exchanges are also starting to provide access to more reliable stablecoins : https://www.coindesk.com/crypto-exchange-okex-lists-4-new-stablecoins/
Bitfinex (Tether) : $6899
Bitstamp, Kraken, GDAX (Coinbase Pro), Gemini, CEX (Non-Tether) : $6409
When you have this much spread and it is not diminishing, then there clearly is a problem.
More exchanges are also starting to provide access to more reliable stablecoins : https://www.coindesk.com/crypto-exchange-okex-lists-4-new-stablecoins/
Buy tether, if it goes back up to $1, garuanteed profit. If it falls to $0, all the value went to bitcoin and you've helped move bitcoin price.
why aren't bitfinex or other insiders buying up as much as possible right now?
i'm finding the whole thing kinda strange. it's not as if it's the first time there have been banking problems, they carried on for months in the past, but the reaction was nowhere near as violent and rapid as this time.
Buy tether, if it goes back up to $1, garuanteed profit. If it falls to $0, all the value went to bitcoin and you've helped move bitcoin price.
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