Bitcoin Forum

I see cryptocurrency stability, for now there is Tether (USDT). is my analysis wrong? what do you think of it.

Tether isn't just a stable cryptocurrency. Tether is tied to the US dollar so it is meant to be stable (rumor has it tether is backed 1:1 with USD). Tether really isn't much of a cryptocurrency IMO, it is just a way for crypto traders to easily exchange their coins for a fiat substitute. There is no point in "investing" in tether, as that's basically you investing in the dollar. Except tether is wayyyy riskier, there is a lot of shady stuff going on with tether and Bitfinex. Trust me, just stay away from tether and move on.

the tetcher has his own dark stories. now the stock exchange introduces direct trade to the Fiat. and I think with fiat will be safer

LOL don't take this coin for analysis too this not a cryptocurrency at all anyone's view. This is the coin only used in the exchanges for making the value stable if you are trader or something. Most of the people would not consider this USDT as a investment option for platform.

You are not wrong and all just you misunderstand the usage of this coin that is the reason.

thank you very much, I say to you senior members, your explanation clearly shows that that is USDT. I should love you #merit ! but I don't have one yet. okay, of course this will be very useful for me and other friends to get to know more about Tether (USDT). success is always for you, greetings for the family there. thank you BitcoinNewbie15.

quite sad if I am wrong in understanding this (USDT), maybe I will go to my mother's house to tell all this. that I have gained experience by analyzing Tether. thank you Mr.Hero for your opinion. thank's.

Actually this not a crypto currency completely. It is very much related to dollar and this is used by most of the traders for exchanging coin with fiat money. So you should not focus on tether very much and do not waste the time by doing analysis.

That is what they claim to do. But how can we know they really hold those reserves? Who controls them? What is the total supply? When are new coins (USDT) issued? Some time ago there were some rumors that they use USDT to manipulate the price of bitcoin. Too many open questions for my taste. There is a practical side to it. You can use USDT as a temporary storage on an exchange and hope that this strategy won't backfire on you.

I would say stable is the right word. Tether (USDT) value is equal to USD value.
so when USD goes down, so does USDT. USD is staying strong now. that is what makes USDT "stable".

This coin is not considered as crypto currency by any member of this platform. It is considered as the exchange coin that is used by the traders of crypto currency to exchange coin for dollar easily. Do not use your valuable time on the analysis of this coin.

It is believed that Tether is tied up with the US currency and therefore it is stable now at the moment in the market. And based on this, it seems safe and secure.

If you want tether dont even bother to enter crypto investing, just save the dollars as investment. It is actually the same, if you believe that tether even has all the dollars they are claiming.
You are probably even safer with usd

No, don’t think that your analysis is wrong. But Tether is not just a stable crypto currency. May be you misunderstood the usage of the coin. This coin is used only in the exchanges for making it stable. Though most people won’t consider as an investment option for platform this USDT.

Completely agree with you. What the sense in investing into the cryptocurrency if you are interested in Tether, it is just the same like the fiat USD. I think that Tether is not the cryptocurrency if you would like to invest in it.

No, not saying that your analysis is wrong. May be the usage of the coin is misunderstood by you. It might happen. People don’t consider the USDT as an investment platform. This is only used to make the exchanges stable.

For stable coin you dont need any analysis... The price should be some whether market is down or up - that is why it is a stable coin :).

There are many more stable coins are coming up like true usd, nusd and havven is a project that is working on multiple stable coins to connect with different categories of projects.

Tether (USDT) is an analogue of the dollar in the crypto-currency market. Tether is convenient for trading.

it seems like that, between USDT and the dollar is always related. even I just understood the details like that. crypto which is too stable is only USDT. quite impressive. thank's bobo012.

Well, I do not know why you came to this conclusion. Saw that it was used for bitcoin growth? Well, maybe this is so, but no one can prove yet, since they refused to audit the company. I do not know if it's good or bad, but the fact is that they can skokay do these tokens and no one will say anything against it. And is it really reinforced by the dollar knows the current of its founder company and several employees and everything is kept secret from us.

You are humour to use Tether to talk about the stability of cryptocurrency.  Tether Dollar (USDT) is a stable digital currency which is  backed by United States dollar (claimed by Tether Limited). The Tether amount issued   is equal with the dollar amount Tether Limited has in bank account. Tether Limited try to control 1 USDT always equal to $1 (USD).

now I understand that between USDT and dollars (USD) there is a connection, always at the same price. I did not understand before too far. Thank you for your explanation. good luck.

I think the usdt is a good tool for sending money between exchanges and successfully circumventing the law. No further.

As for my question, the USDT is cryptocurrency, while the dollar is a fiat currency. but USDT can always be said to be stable in price, that is what underlies and becomes curiosity from my conclusion. Thank's Ulya63.

I don't know where did you get that knowledge or information but I will suggest you need to search a lot because no cryptos will be stables that is why they had called cryptocurrency having a high volatility. Goodluck.

Maybe not everyone thinks the same thing, but I agree with you. Because I always open the coin exchange, and I always see him almost always green even though all the coins look red. I am very impressed with this coin. That's why 2 days ago I invested in this coin.

if you invest in USDT, I think it's a good plan for your strategy going forward. difficult if you have to experience a loss, because the price stability is almost always at the price of $ 1. like a lover who is loyal to the USD. ;D ;D

maybe I understand a little what you mean about nothing stable in cryptos. I just tried to question the USDT and USD which are always in tandem. Thank you for your advice. success for you too MasterMoon.

The main idea of Tether is to combine all the advantages of digital coins with traditional money. And the most important thing is to tie the Tether currency rate to the main world currency. So there were coins USDT, the market value of which is constantly equal to the value of its "paper" counterpart, that is 1 USDT = 1 USD.
 

Tether is designed to be a stable coin, that is, it price is predefined to be within a specific narrow range by pegging it to the USD in a ratio of 1:1.

you're right, a little description makes me understand that Theter's purpose was created. linkages with USD, that is what is at the core of my question. thank you for your explanation, of course this is very useful for additional knowledge for me.

The fact is that it is very important to use the dollar in the form of a crypto currency, especially it helps in case of a bad market condition and it is possible to keep its assets.

It is a centralized coins and more precisely it also don't have stable value of 1 USD it might changes in the decimals too often like the other cryptos but it will stick only in its range.Where as the cryptos like bitcoins were decentralized so the value or the price purely depends on the supply and demand of that coin.

maybe you are right, because the USD dollar / fiat currency is almost received by many countries. while USDT is a cryptocurrency that is also quite successful to date. and it is stable in terms of value and exchange. thank's.

thank's Findingnemo. I understand about bitcoin whose prices always change up and down, due to fluctuations. even at the end of 2017 bitcoin was at a very high price. if we talk about USDT, is the price ever above $ 5? I have never heard and seen the news.

Tether is used for 1: 1 with USD and is compared with the unit of bitcoin, satoshi.
If the Tether is around 15,000 satoshi then for USD means equal to 1 USD.

So, when there are striking increases and decreases in prices, then I make sure the Tether development team must be alerted.