Bitcoin Forum

when the market bearish, and all the altcoins fall, even the crypto king also falls, there is a coin that catches my attention, that coin is Tether. the value cannot be affected by the correction.

Tether is an altcoin that has a lot of mysteries, when it was first released to the market, tether coin used for alternative reserves that replaced USD in trading activities in several exchanges.

the Tether inc company claims that Tether is backed up by USD, and every Tether has the same value of USD
1: 1. but something makes me doubt is that there is no official agreement between Tether and USD. the meaning has no legality value between Tether and USD.

today I have seen Tether on the market, and its value is stable, and has the same value with USD.

finally, I believe that Tether is USD and USD is Tether.

I believe that at this point you should not accumulate tether store but move to TUSDT hoarding, you can see that the market is fluctuating continuously because USDT is showing signs of inflation while continually printing USDT , so sooner or later the price of USDT will also lose value and will be lobbied countries to adjust and adjust.

Tether doesn't follow crypto fluctuations, but Tether follows USD fluctuations, and until today, USD fluctuations development is very good.

we must to wait for the factors that can make the USD fall, maybe the geopolitical factors that will influence it.

Tether seems to be working well especially right now as we are in a multi-month bear market, whereas a lot of people are most likely putting up their investments in to tether to protect themselves from the volatility. The thing is, sure they've claimed that every USDT is backed by actual USD, but there still haven't been proof of this(as far as I know) even though a few big names in the cryptocurrency space are saying that USDT is indeed backed. The people still want to see an audit or something.

Thanks for sharing useful information, I will consider getting this coin. Now, I am still holding coins like ether and btc because I consider them profitable with a good potential and think they will rise in price

That's right. Only USDT (Tether) is the most stable in this crypto market and now there are many investors holding usdt as a safe asset .

You must do a search about stable coins  :) not all of them are really stable but most of... And soon we will  have even more such coins/tokens

TUSD and DAI also exist. Some people say that using TUSD or DAI is even safer than holding USDT. I suggest taking a look on to both:

• https://www.trusttoken.com/
• https://makerdao.com/

Tether is not the US Dollar!

The people behind Tether have never proved to an Legal Accounting Firm that they actually have enough US$ to match their tether.

Hell the assholes, just released another 50 million tether last week, and the fools believe them with no 3rd party verification that is accountable.

They are running a fractional reserve made possible by idiots that actually believe they are pegged to the US Dollar.
FYI: Their is no actual peg, just a bunch of morons buying the fractional reserve lies.

Worse part, when their shenanigans is finally made public and their asses are hauled off to jail, it is going to rock the bitcoin world like nothing you have ever seen.

Enjoy the tether kool aid while it lasts, because it is a bitcoin killer in the end.  :P

you haven't talked about your reasons why you think it though.
yes tether is stable at $1 and yes it is being used a lot nowadays based on the trading volume that goes into it but at the end of the day it is a centralized altcoin, it is NOT USD.

and that means a high risk involved because it is centralized and if the company behind it starts acting weak or goes down then the price of this token will drop down to zero in a blinking of an eye just as fast as it went up. there is also restrictions in using it which makes it less than a real cryptocurrency.

Bitcoin generally always experiences very extreme fluctuations, so investors will exchange temporary USDT in order to avoid extreme fluctuations.

It is the only stable coin that is in the market which is a reliable one. But there are others as well. Whether they are good or reliable, that is hard to speculate.

USDT is a unique token because it doesn't follow the flow of cryptocurrency. Also it is a good thing because if you predict that the price of the token will go down you can actually convert first to USDT so that you wont be affected by the price drop. However the mystery about here is that how can usdt create so much token.

Stable coins are something that defies all the characteristics of the crypto market. But we still do need it and it fits well with the situation of the current market. TETHER is a good option for it also.

TETHER is a good stable coin. And if the investors want to play safe, it will be a good decision if they go for it.

Some investors, yes, but some will find their advantages in this. It is best to continue your business, since time is above all criteria for a good profit. A great topic for someone who does not know much about it or wants to disassemble it in more detail. I think this is very useful information. :D :D :D

Do not do that, Tether is necessary in this market since it allows you to move from cryptocurrencies to something similar to fiat in a very fast way but some months ago there were doubts about whether the veracity of the claims that one dollar was equal to one tether were true and while for the moment that seems to be the case you should not trust that is always going to be the case.

We are in thee market of cryptocurrencies to avoid centralization and to depend on the guarantees of a powerful central party is a mistake since most of the time those promises are false, so never hold tether more than a few days to minimize your exposure to a possible bankruptcy or fraud.

I was to nervous to try Tether during the last market cycle.  Tether seems to be maintaining perfectly though through the ups and downs so next time I'm jumping in so I do no accumulate staggering losses like this time. 

I've been researching that topic for a few days already but it is still too complicated for me to understand fully, but it looks like the attempt of government to take advantage over cryptocurrencies.

I think we are forced to believe that tether is equal to isd, as we do not have other option as we see only usdt pair in big exchanges, regarding the suspicions that whether each tether is really backed by a usd, i think thorough third party audit should be performed and results should be posted for clarity and confirmation of the reality of tether.

Tether is the most stable crypto coin in the market. it doesn’t follow the market trends rather it follows the US dollar directly. Each tether is said to be backed by actual US dollars but there hasn’t been much proof about it. Besides, there has been some suspicious transactions on tether. I hope it doesn’t turn out to be a scam otherwise a lot of people will be in huge loss.

Tether is the most stable crypto coin in the market. it doesn’t follow the market trends rather it follows the US dollar directly. Each tether is said to be backed by actual US dollars but there hasn’t been much proof about it. Besides, there has been some suspicious transactions on tether. I hope it doesn’t turn out to be a scam otherwise a lot of people will be in huge loss.

This coin is stable in the market. So you can hold this like bitcoin and ethereum and this project is also safe. Hope this projects price will rise.

Tether is considered one of the few coins that has a working product.In a falling market, it is important to have stable coins.

Tether is the most stable coin in the crypto market. Many investors are also holding this, as it is a safe asset. This follows the USD fluctuations and this fluctuation is good. Tether has a good potential for the future and also they will rise in price!

I'm sorry but I don't see anything markable in holding USDT when the fact that it's a stable currency. Yes it won't decrease but neither increase, so what actually we can get from holding and treating like an asset?

The fact remains that USDT can't be an asset but just for doing trading. Let's not fool ourselves here.


How come it will rise when it's stable?

One of the most stable coins in the crypto market is now the Tether. As being a secured asset, investors are holding this. USD fluctuations are good and this follows the USD fluctuations. It also has a good potential and will also rise in the price!

Tether has a proof of reserve. Which means it is backed up with fiat currency. So the fluctuation rate of tether is quite low than other altcoins. I think it has potential to grow in future.

Yah i am not a fan of tether but i have noticed it too. Tether is still having some stable value in the market. Now i think tether is linked up with USD, i mean it follows the trend of USD.

I would likely make the assumption that TETHER is just a coin that everyone agreed to back it at 1USD. Its just a belief that every trader / person makes. I would never believe that TETHER actually have a backup / reserve to liquidate each USDT that everyone holds. Its just based on goodwill. Once the bubble burst or crypto falls, everyone will sell USDT by the pennies.

Tether doesn't need to have any agreement with any USD, USD is just a currency, Tether has agreement with the banks where they hold the said money, so the agreement should be between Tether and the banks and of which i believe that is in place. 

Tether to me is a coin that is use to stable the value of your with when market is downside, and it gives chance to get more value at dip but many see it as a tools for manipulation , though its also used to manipulate but the main reason is for all to move out when dip and get in when moon for more value .

I have no personal exprience about tether but I am interested about tether. And hope it will be good exprience for me to invest on tether.

Tether can be good and sustainable coin. When all crypto showing theeir worst time then it's can be best time to improve for tether.

Can you show me where is the agreement between tether and the bank because i never see that has happened. it may better if you cna try to tell me the evidence about that.
tether has no correlation with the bank and there was no bank that create an agreement with tether.

Tether is also fluctuate as crypto but hope it's not follow crypto. It's high time for tether for being reliable and sustainable.

If it is true that following the USD then certainly it will be a pretty stable crypto. However, I think its development for the long term will not be as good as from another crypto. It is indeed good for investment but for the long term, I think the less interesting to have.

I just heard of this altcoin if it's true, this is an altcoin that's good, because because it doesn't affect the value of bitcoin, we know that if bitcoin goes down, the other altcoins will continue to be affected. yes, this is a good altcoin and a solution for investors who are anxious if the price of altcoin falls

I also saw that Tether was a stable coin in this week. So that's why I thought about investing in this one coin. To be honest, I don't know about the Tether company claiming that Tether is supported by USD, and every Tether has the same USD value. But if this news is true, this will be good news for the Tether holders.

Tether is USDT. One USDT is equivalent to one USD on some exchanges there are small differences. USDT is a good tool for trading, it will keep the Fiat money. I use Tether.

Several months ago a low firm was investigating Tether if it is backed with proper amount of $ and they did not find any problems.
It  was not a full audit, but still it is important information.

Do not worry about that. 1 USDT = 1 USD and will always be. If you want to print more USDT then they must have USD equivalent to the escrow. And checked by law enforcement to avoid fraud. Market up or down as usdt never changes. It is definitely usd in crypto

lol =)) please look on the charts. The ratio was not ~ equal many times and their audits are not completely done

Tether is there for traders to use it to their advantage as the market is bearish like this. Tether won't deviate too much from the original price if even bitcoins and other altcoins are heading to zero.

Tether has been this way from the beginning, unless you are holding most of your savings in a foreign currency I do not see the point of holding tether, tether is great if you want to keep the value of your investment for some time before investing in a cryptocurrency, it is also great as a way to get out of the market and wait until things calm down, in fact you could get profits in a bear market by holding tether.

But it is still very dangerous since tether is controlled by a single party and decides how much tether is printed, that goes against the decentralized emission of the currency, so tether is incredibly similar to fiat currency and I did not entered in this market to invest in the closest thing to a fiat currency that this market has.

Tether continues minting new coins each time market goes down.
Here another wave of new coins appeared on exchanges:
Tether (USDT) Gets Closer to Emptying Treasury with 100M Token Intervention
https://cryptovest.com/news/tether-usdt-gets-closer-to-emptying-treasury-with-100m-token-intervention/

Tether is a stable coin, it value remains constant, much like the usd in the crypto-currency. The controversy surrounding tether has been a lot of concerns for a lot of persons but the creators recently showed they have enough cash to back it

some traders use tether as an edge against falling market prices. the downside is that you will also miss out when prices start rising ,it is a stable coin

Tether, though not officially tied to the dollar, but still its price is kept at a constant level. Of course, I would not take risks and keep my assets in this coin for a long time, but there was no excuse to trust it yet.

Completely agreed! According to your opinion and what you know off - is there a stable coin out there - Trust Token? or other?

Agree with you and the only reason I find is the lack of transparency in the finance aspects, the USD reports are not very visible and this could be an excuse for mistrust.