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Title: Tethers actually worth $0.94? Post by: Joe200 on January 05, 2017, 03:13:40 PM They have more coins than dollars. What's going on? https://wallet.tether.to/transparency
Title: Re: Tethers actually worth $0.94? Post by: thebatletbet on January 05, 2017, 06:06:18 PM terther or USDT value same or equal dollar
equal US dollar if one USDT same value US dollar, you can trade use tether dollar, in poloniex and bitfinex, value same USD not diference Title: Re: Tethers actually worth $0.94? Post by: Joe200 on January 05, 2017, 09:27:23 PM Did you understand my question?
Title: Re: Tethers actually worth $0.94? Post by: adhitthana on January 08, 2017, 03:56:16 AM They have more coins than dollars. What's going on? https://wallet.tether.to/transparency Quote Total Assets $11,244,909.07 Liabilities (Tether in Circulation) Total Authorized $14,951,600.00 Authorized but not issued $4,055,022.31 Total Liabilities $10,896,577.69 Shareholder Equity $348,331.37 I assume they are saying they have $11,244,909.07 in a bank and $10,896,577.69 worth of Tether issued. Coinmarketcap has Quote Market Cap $14,951,740 16,174 BTC Volume (24h) $4,950,370 5,355 BTC Available Supply 14,951,591 USDT Title: Re: Tethers actually worth $0.94? Post by: shanem on January 08, 2017, 12:47:29 PM They have more coins than dollars. What's going on? https://wallet.tether.to/transparency Tethers are not worth to hold as there is a counter party risk if the devs do not want to honour their liabilites. Then the coin would crash and fall to near zero. If I would like to convert my holdings to fiat, I might as well hold USD directly. It is much safer and I do not need to worry about any counter party risk. Title: Re: Tethers actually worth $0.94? Post by: alani123 on January 08, 2017, 12:52:22 PM I think that you might be mistakenly correlating the total Liabilities with issued Tethers. The Authorized but not issued variable is a key to this equasion. Tether's value is 1$ and will remain like this [as long as liabilities keep being honoured].
Title: Re: Tethers actually worth $0.94? Post by: European Central Bank on January 08, 2017, 04:15:02 PM no peg appears to have ever survived in the long run. this has some decent backers at least but there's no way i'd be placing any faith in any peg run by anyone.
Title: Re: Tethers actually worth $0.94? Post by: Thenoticer on January 08, 2017, 05:53:01 PM They have more coins than dollars. What's going on? https://wallet.tether.to/transparency Quote Total Assets $11,244,909.07 Liabilities (Tether in Circulation) Total Authorized $14,951,600.00 Authorized but not issued $4,055,022.31 Total Liabilities $10,896,577.69 Shareholder Equity $348,331.37 I assume they are saying they have $11,244,909.07 in a bank and $10,896,577.69 worth of Tether issued. Coinmarketcap has Quote Market Cap $14,951,740 16,174 BTC Volume (24h) $4,950,370 5,355 BTC Available Supply 14,951,591 USDT I think this has happened before. The error was then and prob now with coinmarketcap Title: Re: Tethers actually worth $0.94? Post by: adhitthana on January 09, 2017, 06:09:50 AM I think this has happened before. The error was then and prob now with coinmarketcap The difference is so small, I'd guess coinmarketcap is a few minutes behind. I think the figures look fine, contrary to the opening post. Though I may have missed something?Title: Re: Tethers actually worth $0.94? Post by: BitcoinRonnie on January 09, 2017, 09:27:19 AM I also noticed that, when I tried to withdraw funds. It seems respective fee, so this is why Bitcoin price difference on different exchanges.
Title: Re: Tethers actually worth $0.94? Post by: mummybtc on January 09, 2017, 09:40:33 AM I read that 1 Tether will always be equal to $1, so where do you get $0.94 valuation?
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