Topic: Will Tether crash to $0? - page 2. (Read 2045 times)
It's important to note that Tether has faced controversy and skepticism over its transparency and reserves in the past. However, it still remains one of the most widely used stablecoins in the cryptocurrency market. Whether or not it is safe to hold funds in Tether ultimately depends on an individual's risk tolerance and belief in the stability and transparency of the stablecoin.
I don't think it's impossible for USDT to be zero, it's unlikely as long as the Tether company maintains its reserves and continues to fulfill its obligations to users. However, there are some risks associated with using a stablecoin like USDT, including a potential loss of confidence in the stability of the coin, regulatory oversight, or the possibility that the Tether company may fail to maintain its reserves but remember that Tether usdt is a top 3 coin in market cap and Tether usdt is a stable coin most used in the world.
Don't trust any stablecoin, they can all crash at any moment, Tether is the oldest of the stablecoin and has gone through more FUD than any other one yet it's still standing and that's because it's very centralized.
I think because there are so many companies invested in tether stablecoin that's why it's still holding strong. Tether has drop to below $1 on several occasions but it has always bounced back and that's good for the market.
If tether was to collapse like other stablecoin, this might make the market lose trust in stablecoin entirely and that'll be very difficult for the market to operate without stablecoin as they are the saviors when price is dumping.
While there have been concerns about Tether's solvency in the past, it's important to note that Tether has made efforts to increase transparency and provide audits of their reserves. However, there is still some level of risk involved in holding funds on Tether or any stablecoin, as they are not backed by government guarantees like traditional fiat currencies.
It could de-pegged just what happened last year on TUSD which is the stable of LUNA that completely losing its value that caused too much losses of investors. USDC even de-pegged was well but soon recovered the day after that's why stable coins are not yet a safe heaven to hold into. There are lots of FUD on going that's why this happened.
Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?
The Cryptocurrency market is thriving as a result of stable coins helping traders in and out of positions and tethering is a huge stable that makes it possible. The tether won't go to zero but there is a clash to tether with the regulator. I believe the moorings will find legitimacy and trust in the market and regulators. 
This Tether FUD seems to be a never-ending issue, this seems to pop up every month now. There is no way Tether is going to Zero, Tether is backed by some funds, we are just not sure of the exact amount, but I think it should be backed by at least half of Tehter's market cap. Also, Bitfinex is sitting on a lot of BTC which can be used to back Tether, I just have a feeling the news about Tehter is becoming a non-issue unless some people are just bent on spreading FUD
I'm thinking the same but then again there's always possibilities it's just that with something at the scale of tether, i'd really doubtful they gonna ever collapse that easily, ust crashing was mainly caused by their defective system, even recent USDC crash was easily anticipated, it just got worse because constant fudding, i think stablecoin in general are safe. 
This has nothing to do with those companies that you mentioned. When they collapse the stable coins can hardly be affected but even if they don't, the stable coins can still collapse in their own if they experience an issue related to the banks or on how they store their reserves like what happened with USDC last time.
So many people are bitter with Tether and said it will go to zero but Tether just proved them wrong. Other stable coins are already collapsing but Tether remains to be strong and I bet so many people already transferred with it. In case Tether fail, I don't think it will make the whole crypto crash. See what happened to USDC? In fact the market have been pumping that time.
So many people are bitter with Tether and said it will go to zero but Tether just proved them wrong. Other stable coins are already collapsing but Tether remains to be strong and I bet so many people already transferred with it. In case Tether fail, I don't think it will make the whole crypto crash. See what happened to USDC? In fact the market have been pumping that time.
Tether hasn't failed yet, because Bitfinex is artificially keeping the $1 peg on the market. It must be doing something shady that will eventually blow off after a deep investigation by the authorities. If USDT goes to $0, the crypto market could either "pump" or "dump" all the way down the drain. I think a huge "dump" would be the most likely scenario, as USDT is the biggest stablecoin on the market. But I cannot say this with certainty, due to the unpredictable nature of the crypto market.
People are better off converting their crypto to USD, instead of a stablecoin. It'd be advised to proceed with caution, especially after the collapse of 3 major banks in the US. No one knows what the future holds, so we can only hope for the best. Just my thoughts
Come to think of it, before this whole FTX and Binance drama begins people already have it in mind that USDT will go to zero, some are speculating that USDT will bring the next bear market to crypto, instead it started with FTX and now the banks, other stable coins are the ones affected, no single touch on USDT. This is 
laughable.
This has nothing to do with those companies that you mentioned. When they collapse the stable coins can hardly be affected but even if they don't, the stable coins can still collapse in their own if they experience an issue related to the banks or on how they store their reserves like what happened with USDC last time. laughable. So many people are bitter with Tether and said it will go to zero but Tether just proved them wrong. Other stable coins are already collapsing but Tether remains to be strong and I bet so many people already transferred with it. In case Tether fail, I don't think it will make the whole crypto crash. See what happened to USDC? In fact the market have been pumping that time.
This Tether FUD seems to be a never-ending issue, this seems to pop up every month now. There is no way Tether is going to Zero, Tether is backed by some funds, we are just not sure of the exact amount, but I think it should be backed by at least half of Tehter's market cap. Also, Bitfinex is sitting on a lot of BTC which can be used to back Tether, I just have a feeling the news about Tehter is becoming a non-issue unless some people are just bent on spreading FUD
People are worried that Tether might crash after what happened with Terra's UST stablecoin, and now, USD Coin. Being backed by USD reserves is not a guarantee the stablecoin will hold its peg for life, if the bank where the funds are stored collapses in an instant. USDC lost its peg for a short period of time because of the collapse of SVB. Do you really think Tether (USDT) would be immune from such unfortunate series of events? I don't think so. This is a stablecoin with a shady past, so anything can happen in the long run.
With Bitfinex "printing" new units of USDT like there's no tomorrow, I'd take this coin with a "grain of salt". Only regulators will be able to add confidence to the stablecoins market, by enforcing the rule of law. Some companies already expressed their desire to work closely with regulators, so let's hope stablecoins improve for the better in the future. Who knows how long USDT will last? Just my thoughts
This Tether FUD seems to be a never-ending issue, this seems to pop up every month now. There is no way Tether is going to Zero, Tether is backed by some funds, we are just not sure of the exact amount, but I think it should be backed by at least half of Tehter's market cap. Also, Bitfinex is sitting on a lot of BTC which can be used to back Tether, I just have a feeling the news about Tehter is becoming a non-issue unless some people are just bent on spreading FUD
Come to think of it, before this whole FTX and Binance drama begins people already have it in mind that USDT will go to zero, some are speculating that USDT will bring the next bear market to crypto, instead it started with FTX and now the banks, other stable coins are the ones affected, no single touch on USDT. This is laughable.
It's a speculation but likely that it can happen if things got crumpled for Tether. With what happened to UST and Luna, the stablecoin that it has got went down to zero until there's a new launching of its new stable coin. While for Tether, it's been the most known crypto in terms of stable coins but anything can happen on it as the US dollars have been more in the circulation and there's still the issue for USDT that it have about printing issue as well. laughable. 
I don't think it's impossible for USDT to be zero, it's unlikely as long as the Tether company maintains its reserves and continues to fulfill its obligations to users. However, there are some risks associated with using a stablecoin like USDT, including a potential loss of confidence in the stability of the coin, regulatory oversight, or the possibility that the Tether company may fail to maintain its reserves but remember that Tether usdt is a top 3 coin in market cap and Tether usdt is a stable coin most used in the world.
Come to think of it, before this whole FTX and Binance drama begins people already have it in mind that USDT will go to zero, some are speculating that USDT will bring the next bear market to crypto, instead it started with FTX and now the banks, other stable coins are the ones affected, no single touch on USDT. This is laughable.
laughable.
So far Tether is providing what benefits it would be an attraction. As long as people are comfortable, the price of Tether will remain stable because there is trust. The community also assesses whether the coin developer provides innovation or not in terms of the sustainability of Tether. If there are good activities related to Tether, you can lift Tether to keep it safe in the crypto market.
Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?
I don't think this can give you a definitive answer about whether USDT is safe or not. If anyone is so sure of their answer, they are stupid and you shouldn't believe it. USDT or Tether or any stablecoin out there is always a risk. You may not put everything you own in a USDT bag, share it and pass it on to other cryptocurrencies or other stablecoins. The best option when bear dominates the market.
Converting your crypto to USDT helps you to avoid more damage from your investment.
So far, seeing it crashing down to zero is still far to happen, even there are already alternatives, but
the superiority of USDT still high.
The only possibilities that it may happen is a self destruction from the developer itself, or pressure
from the government that can damage the actual activities inside this system..
Converting your crypto to USDT helps you to avoid more damage from your investment.
So far, seeing it crashing down to zero is still far to happen, even there are already alternatives, but
the superiority of USDT still high.
The only possibilities that it may happen is a self destruction from the developer itself, or pressure
from the government that can damage the actual activities inside this system..
You've said it yourself. Only self-destruction from the developer itself or pressure from the government can put an end to Tether as we know it. Believe me, nothing is guaranteed to last forever. The industry is growing at a fast pace, so it should only be a matter of time before governments regulate it. Either Tether complies with regulators or fades away into oblivion. I'm pretty sure the company (Bitfinex) will comply with regulators in order to keep itself afloat. The stablecoin (Tether) is the biggest one on the market right now, so it's got nothing to lose. No one knows when (if it'll happen anyways) Tether will go to zero, since crypto land behaves in many strange and bizarre ways. As long as you diversify your investment into other stablecoins, you'll have nothing to worry about. Just my opinion
And I completely agree with you, as long as you are not putting everything with Tether and you are wise enough to divert portions of your assets to other stable coins.
or use crypto if you wish to wait for good compensation when the market for the coin start to pump up,
You always have your options. Just make sure to make a good use of it.,
you are always on a good side if you know how to value your investment,
Always look for the best reason. There's always information that you can use as a basis for better decision making.
The reason for Tether to crash to $0 will require big and important big events and issues to happen.
There are lots of issues before regarding Tether but where are those now? It doesn't have much to the Tether as a whole. Maybe don't think about it now. Tether is still safe and valuable. Of course, don't stick with Tether as your stored value when avoiding crypto volatility. Try other stable coins too and see for yourself the experience.
There are lots of issues before regarding Tether but where are those now? It doesn't have much to the Tether as a whole. Maybe don't think about it now. Tether is still safe and valuable. Of course, don't stick with Tether as your stored value when avoiding crypto volatility. Try other stable coins too and see for yourself the experience.
It's better to be safe than sorry. You should rely on more than one stablecoin in order to minimize the risk of loss. There's no way to tell how long Tether (USDT) will last due to the unpredictable nature of the crypto market. Anything from a major hack to a full government crackdown could make it go to zero. Things would've been a lot different if Tether was a decentralized stablecoin. Besides, there's no guarantee Tether will maintain its peg for the foreseeable future. You'd need to choose whenever you'd want to cash out your crypto into Fiat or convert it into a stablecoin like Tether. I wouldn't worry much about Tether as long as the entire crypto/Blockchain space remains decentralized. Just my opinion
In this issue i said that its a impossible and not show a possibility of Tether crash to $0 because its a one of the Great Stable coin and this is the one of the best coin and people use Tether on the basis of USDT and so that reason its impossible tether come to zero .
I believe so, since its pegged to real dollar 1:1. If the issue from Tether company comes, probably it would hurt Tether so hard as long they backed up the fund well.
So what has been seen so far in Tether? I personally don't even see it as a problem or anything to do with ugliness, because so far I'm still very comfortable and safe using Tether for everything I need in cryptocurrency. 
I am pretty sure not so long ago (like a month or so), there was no minimum withdrawal limit for tethers in binance.
Well, now I see they want you to withdraw at least 50 usdt.
Maybe it is just a binance thing but I feel like something is going down. I don't know if it is Binance, tether or both.
This make sense because i did not pay attention to this one but indeed it happens recently i also thought that this is just a normal update(as 50 usdt is formal amount for minimum withdrawal) but yes why making a minimum withdrawal when it is a Fiat base coin.Well, now I see they want you to withdraw at least 50 usdt.
Maybe it is just a binance thing but I feel like something is going down. I don't know if it is Binance, tether or both.
looks like there is something wrong or maybe there is something to come from either Binance or Tether.
I believe so, since its pegged to real dollar 1:1. If the issue from Tether company comes, probably it would hurt Tether so hard as long they backed up the fund well.
not because it is pegged it will just go back to zero this is not how it is. Jump to: