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Title: Why is the USDT crashing? Post by: airdropcoin on October 15, 2018, 06:45:56 AM Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation?
Title: Re: Why is the USDT crashing? Post by: qazgroup on October 15, 2018, 06:52:14 AM Well there is just panic and fud regarding usdt in the market and im not sure if there is something serious about it or not, but the result is that people are selling or swaping there usdt for btc and eth that is giving them good pump, lets see how market reacts to all this fud in coming days and weeks.
Title: Re: Why is the USDT crashing? Post by: Awesomus Maximus on October 15, 2018, 07:19:10 AM Will the collapse of the USDT cause the entire market to collapse? No it won't. Look how high BTC has risen. Something is happening with bitcoin, either bot trading, or the whales are moving money around. It could also be that some news regarding the stock market is pushing the price up. The investors are dumping tether, (they use tether to buy altcoins), which is what is driving the price of tether down. By the way, USDT is not a real cryptocurrency. You risk your money every time you put it in USDT. Like what has happened right now.Title: Re: Why is the USDT crashing? Post by: ccsang on October 15, 2018, 07:20:48 AM Traders often sell tether to buy other cryptocurrencies, such as bitcoin and ethereum, price increase 10% within one hour, sudden influx of tether sellers would push down the tether price, I also saw that some article told us USDT was created to collapse, it'll collapse in anytime, but until now still nothing happen, maybe current situation is a best time to wake up market? 8)
Title: Re: Why is the USDT crashing? Post by: BitcoinHodler on October 15, 2018, 07:21:53 AM BTC rose 13%. WRONG. bitcoin is worth the same as it has always been worth for the past 3 months: it is about $6500 +-$300. don't look at its tether value. it is tether not fiat. Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation? why should it? the market didn't rise up because of USDT to want to collapse with it. of course there will always be stupid panic by the newbie bag holders every time something like this happens but there is no logical reason for it if that's what you are asking. Title: Re: Why is the USDT crashing? Post by: TBboys on October 15, 2018, 07:25:08 AM What happened, why USDT crashed? Where is this news, are there any links, I am very curious about this.
I guess, this may be just another dump of the whale. We have experienced it many times like this. Don't be too alarmed. In my opinion, USDT is unlikely to collapse anyway. Title: Re: Why is the USDT crashing? Post by: hunnykaushal on October 15, 2018, 07:39:41 AM I think this fud and let us wait for announcement from Tether team, tether team announcement can relax many people.
Title: Re: Why is the USDT crashing? Post by: waser12 on October 15, 2018, 07:56:25 AM It is just one more useless information. Nothing will happen with Tether, after such long period of flat such a growth is a normal behavior on the market.
Title: Re: Why is the USDT crashing? Post by: senin on October 15, 2018, 08:08:55 AM I do not think that the USDT will collapse. This is a very convenient and useful coin in practice, if at all it can be called a full-fledged cryptocurrency. However, in practice it is very convenient to use as a buffer for the exchange or the need for withdrawal of funds either for some sludge or as an intermediate step for transferring to fiat.
Title: Re: Why is the USDT crashing? Post by: nreal on October 15, 2018, 08:33:08 AM I think there will be no tether crash, bad news about the tether like Binance delist USDT, USDT sam,.. just the shark's tricks, they make price of BTC, ETH up. So, keep calm.
Title: Re: Why is the USDT crashing? Post by: DominickA86 on October 15, 2018, 08:35:57 AM Nobody knows for sure, and honestly I do not care, why this trash coin has dumped. The most important thing is that BTC and ETH pumped during the last night and it is a great sign for the bullish market! We are at the end of falling market!
Title: Re: Why is the USDT crashing? Post by: Cryptomilz on October 15, 2018, 08:40:55 AM It is just one more useless information. Nothing will happen with Tether, after such long period of flat such a growth is a normal behavior on the market. For me, I think this is just FUD, even though there has been claims that USDT isn't backed by any fiat or bank deposits unlike it's TUSD counterpart that's back by bank deposits. Again, the crypto space responds to news and because it's very spontaneous most of the times, there was massive response by the whales accordingly Title: Re: Why is the USDT crashing? Post by: Sadyshagg on October 15, 2018, 09:25:11 AM If the Tether USDT news is legit, it can cause a huge crash in the markets but who knows... it can all just be FUD.
Title: Re: Why is the USDT crashing? Post by: Red-Apple on October 15, 2018, 10:26:15 AM centralized altcoins will always collapse one day. i don't know if this is Tether's collapse here or not but it is something that will happen eventually. maybe this is like an early warning telling people to stop closing their eyes on the issues that centralized coins have.
by the way so far there has been no price rises at all. there is a lot of volume today going in and out because of panic but there has not been any significant rise anywhere. Title: Re: Why is the USDT crashing? Post by: Turkish88 on October 15, 2018, 10:31:44 AM KuCoin already open trades for USDT.
Price start going back. How easy to manipulate this market Title: Re: Why is the USDT crashing? Post by: Byzantium101 on October 15, 2018, 11:56:02 AM It does not look like collapsing at all. Better alternative stable coins have been hitting the market, but I think that the most know one UST still has the first to market advantage.
Title: Re: Why is the USDT crashing? Post by: ivannalog814 on October 15, 2018, 12:01:12 PM The fact that the USDT creates coins and buys bitcoin is already contrary to the laws of the market. I would not want this coin to exist as it carries a threat !
Title: Re: Why is the USDT crashing? Post by: Indamuck on October 15, 2018, 12:06:17 PM There is a lot of speculation that Tether will collapse and become worthless. They have not passed an official audit yet and in their terms and service they are not required to accept tether in exchange for USD. People are running to the gates to cash out their ether into coins that actually have value before its too late. This may be another crash similar to bitconnect.
Title: Re: Why is the USDT crashing? Post by: meldrio1 on October 15, 2018, 12:10:19 PM don't listen to them they just created FUD to panic people that can dump the market, just keep continue earning cryptocurrency.
Title: Re: Why is the USDT crashing? Post by: spopovss on October 15, 2018, 12:13:09 PM There is a lot of speculation that Tether will collapse and become worthless. They have not passed an official audit yet and in their terms and service they are not required to accept tether in exchange for USD. People are running to the gates to cash out their ether into coins that actually have value before its too late. This may be another crash similar to bitconnect. I agree with you, I think Tether will bring us many problems, if callaps occurs, then cryptocurrency capitalization will drop very much, it will be a disaster. I can not understand why they do not audit, and why community is indifferent. Title: Re: Why is the USDT crashing? Post by: dewildance on October 15, 2018, 12:20:36 PM I'm having trouble understanding why you're surprised today. Tether was always like that. He's only been calm for a while. It wasn't making an impact on the price, but it was always what was expected.
Title: Re: Why is the USDT crashing? Post by: Lerikaweb on October 15, 2018, 12:24:44 PM I think that all the bitcoin bought today within a half an hour was bought for tether mostly. This is why a stablecoin crashed. It will return its price in a day or two, but today it was smth crazy. :o :o :o
Title: Re: Why is the USDT crashing? Post by: NotFoundGlobal on October 15, 2018, 12:32:33 PM There is called FUD, I don't think that USDT is scam.
All people hold USDT and the bad news (FUD) are coming, also all people panic and then they bought bitcoin for their investment. Bitcoin price will grow up if many people want to buy it Title: Re: Why is the USDT crashing? Post by: bittraffic on October 15, 2018, 12:37:10 PM USDT maintains its price to a dollar each but this is the first time I saw its price to be $0.93, interesting because if I just have about 1 btc one the exchange and turned it to usdt just when the price crash to 0.93, I might have profit hundred bucks. There is called FUD, I don't think that USDT is scam. All people hold USDT and the bad news (FUD) are coming, also all people panic and then they bought bitcoin for their investment. Bitcoin price will grow up if many people want to buy it Its not a scam of course but it will help you profit in trading, its one of the stable coin that you could go to when everything crashes. Title: Re: Why is the USDT crashing? Post by: ShadowBits on October 15, 2018, 12:46:48 PM Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation? I honestly think that they knew something about USDT that they are trying to get rid of it. That is also the reason why Bitcoin pumped for a while. Title: Re: Why is the USDT crashing? Post by: opv321 on October 15, 2018, 01:02:05 PM If tether crashes it could also go into the other direction and rive the prices up more but still as you say dont fomo atm no one knows anything atm and those who know dont tell yet.
Title: Re: Why is the USDT crashing? Post by: bogacola on October 15, 2018, 01:05:25 PM USDT is dropping fell to $0.925284 at 07:00 UTC the lowest level since April 27, 2017
Title: Re: Why is the USDT crashing? Post by: krassy on October 15, 2018, 01:20:33 PM think Crypto USD and fiat USD are air bubbles because it costs nothing, but they are printed every day to get the whole world. All leading economists and analysts have expressed concerns about the next financial crisis, which will begin with the dollar. What you want.if the dollar issue both in paper form and in stablecoin grows every day. It is better to withdraw to cryptocurrency, any other tokens than to keep in such a bloated currency.
Title: Re: Why is the USDT crashing? Post by: karman383 on October 15, 2018, 01:31:26 PM I want to ask you about the USDT collapse. What is your statement about that? I don't think it will affect the market situation for now.
Thank you very much. :-X Title: Re: Why is the USDT crashing? Post by: vseslav90 on October 15, 2018, 01:53:49 PM Crashing is not the resul of USDT because it has good premises for the future and crashing is not the aim of their deal. I don't think that it will be there.
Title: Re: Why is the USDT crashing? Post by: Robert de Crypto on October 15, 2018, 02:03:28 PM USDT presenting the USD I think. and USD prices based on an international reference rate. So, It's not about USDT but it talks about USD or US economic in whale side anyway. Just my opinion.
Title: Re: Why is the USDT crashing? Post by: Rahees on October 15, 2018, 02:11:24 PM Because it doesn't have enough strengths. Crashing will be with everything in crypto which is not ready to develop and is not suitable for the future working.
Title: Re: Why is the USDT crashing? Post by: kolsernik on October 15, 2018, 03:01:07 PM I think this fud and let us wait for announcement from Tether team, tether team announcement can relax many people. I can already tell you what the tether team will say-we're fine and we don't know what happened) At the moment, there is no actual news about what happened today.I only know that there was a rumor that Binance can delist USDT.Then on Bitfinex and Kucoin was suspended wallets Tether.As many in the mail received a letter (as it turned out to be a viral newsletter) that USDT scammers.All these factors provoked a strong FUD against the USDT.And many began to panic and transfer their assets to bitcoin and altcoins.I think that will be restored.We just have to wait.Title: Re: Why is the USDT crashing? Post by: escalante28 on October 15, 2018, 03:08:49 PM I just read an article early this morning about binance will going to delist USDT but I'm not sure about it. If ever that is true then no wonder why bitcoin and ethereum will going to pump it because USDT's holders will going to dump it in Btc and Eth pairs. And hopefully USDT will be the reason in a bullish market. Lol. Almost everything pump earlier.
Title: Re: Why is the USDT crashing? Post by: Teraboy on October 15, 2018, 03:30:13 PM Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation? I honestly think that they knew something about USDT that they are trying to get rid of it. That is also the reason why Bitcoin pumped for a while. A fake news about USDT just like that. these guys are spreading fear about that. TUSD has become another reason too. It's an inside job in my opinion. Title: Re: Why is the USDT crashing? Post by: neli234 on October 15, 2018, 03:44:23 PM A bit of rumors about the USDT were released today, along with Okex's release of information about the four stablecoins. I think if the Tether they still guarantee the liquidity is not a problem, everything will recover quickly
Title: Re: Why is the USDT crashing? Post by: Rameshvijay45 on October 15, 2018, 03:57:17 PM It was just romours was created by someone
And this pump is as a result of the Tether fud. No new money came into the market just people selling their USDT to buy BTC and altcoins.Which caused this pump. Here the fake announcement: https://i.imgur.com/GmBEZPO.jpg Now Tether was slowly recovering soon it will come to position I think. Title: Re: Why is the USDT crashing? Post by: Doging on October 15, 2018, 04:39:31 PM It seems that the big exchanges sold all their USDT and invested all the money in Bitcoin. Therefore, its price reached $ 7,500.
Title: Re: Why is the USDT crashing? Post by: makerst on October 15, 2018, 04:42:23 PM Today there was a lot of information about this, but you saw that the price of the token today was falling and reached $ 0.9, so I’ll not say anything here, I’ll just remind you that it’s stablecoin which is backed by money.
Title: Re: Why is the USDT crashing? Post by: agusiska on October 15, 2018, 04:43:03 PM i think its all because of pumping and dumping scheme, and im sure we will meet the bull run next month.
Title: Re: Why is the USDT crashing? Post by: Inikoo on October 15, 2018, 04:43:18 PM I was always a bit afraid to hold USDT, because of the negative rumors keep coming of it. But hope there is nothing serious about it now, if USDT would crash, I think it would have a negative effect to the whole market.
Title: Re: Why is the USDT crashing? Post by: doycku on October 15, 2018, 05:54:49 PM Today there was a lot of information about this, but you saw that the price of the token today was falling and reached $ 0.9, so I’ll not say anything here, I’ll just remind you that it’s stablecoin which is backed by money. why this situation was badly started to be used very negatively with respect to the USDT coin, but none the less no one provided any facts.Title: Re: Why is the USDT crashing? Post by: abstmain on October 15, 2018, 06:02:43 PM I think it will ensure us a bullrun. The same has happened once in 2017 and at that time, there was a big bubble. So, I also think the same will be happened and we will see an ATH or closer to an ATH>
Title: Re: Why is the USDT crashing? Post by: UniversityCoin on October 15, 2018, 06:08:55 PM Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation? For a long time, many people with the beginning of the fall of the market found salvation in the USDT. Now it's time to rob these people. Title: Re: Why is the USDT crashing? Post by: abake on October 15, 2018, 06:15:54 PM Actually USDT is never going to crash per say. I understand the bitfinex saga and Co has brought about rampant thoughts as to whether the stable coin USDT is questionable. Today, there was FUD earlier that Binance will delist USDT. Well, I love the positive feedback from CZbinance, he tweeted Too much FUD and it had a great effect on the market. It's high time we stopped spreading FUDs ,let's build a stronger crypto space. Together we can.
Title: Re: Why is the USDT crashing? Post by: Emilyp on October 15, 2018, 07:16:27 PM What happened in the last day goes to show how much impact FUD has in crypto. Once we see something no one waits to investigate further, the next minute, everyone goes into panic mode and crypto market comes crashing.
Title: Re: Why is the USDT crashing? Post by: Sanmark on October 15, 2018, 07:22:20 PM They were "printing" shitload of tether without same amount of usd to back it up. And when you mix that with poloniex new USDC and bittrex listing USD on their exchange, tether just become new shitcoin! And shitcoins don't have impact on market!
Title: Re: Why is the USDT crashing? Post by: sanacaks on October 15, 2018, 07:32:43 PM A lot of speculation gives market crazy move. I think USDT will come back to life near soon. It seems like a planned action for my thinking. For now i choose to not move until i see in reality, What is happening ?
Title: Re: Why is the USDT crashing? Post by: yinoye on October 15, 2018, 08:02:57 PM One of the reasons why usdt did a small flash crash was because of a fake binance news spreading that they will delist usdt because it's a big scam. I was wondering why binance would come out so raw like that about am asset. I later found out it was fake news. Many people already panic sold at 10% loss.
Title: Re: Why is the USDT crashing? Post by: komjhq on October 15, 2018, 08:03:23 PM A lot of speculation gives market crazy move. I think USDT will come back to life near soon. It seems like a planned action for my thinking. For now i choose to not move until i see in reality, What is happening ? in any case, the real cryptocurrency equivalent of the dollar should be, because it is usdt that enables cryptocurrency users to wait out bad times in the cryptocurrency market.Title: Re: Why is the USDT crashing? Post by: soundrum on October 15, 2018, 08:08:43 PM I think the end of USDT has come, there many controversy about Tether and the team are unable to bring out solid decision. They can't come out with solid convention that they have enough USD to back USDT.
Title: Re: Why is the USDT crashing? Post by: MidnightWolf on October 15, 2018, 08:26:45 PM I think the end of USDT has come, there many controversy about Tether and the team are unable to bring out solid decision. They can't come out with solid convention that they have enough USD to back USDT. after such conversations and forecasts, there is very little pressure on such projects that were considered very promising.Title: Re: Why is the USDT crashing? Post by: tuthienloc92bk on October 16, 2018, 02:58:07 AM think Crypto USD and fiat USD are air bubbles Perhaps, Crypto USD - I mean USDT, is an bubble, but USD is never. What are you thinking about when you said America's economy is a bubble? If yes, Earth is a big bubble. And the end of world will come soon. :) Title: Re: Why is the USDT crashing? Post by: SidneyFoley on October 17, 2018, 03:53:40 AM Though the usdt hyas taken major blow and almost 25 percent of their price has gone down, it is unlikely it is their end. If the tether team comes up with an explanation, the investors will stop panicking, and ustd will regain its stability.
Title: Re: Why is the USDT crashing? Post by: Mpamaegbu on October 17, 2018, 05:18:24 AM To answer that question, I would say because tether (just like any other meaningful crypto) is subject to the dynamics of the market which is largely controlled by demand and supply. But honestly I would love for it to be stable around $1 to give the necessary anchor we drive from it during a falling market.
Title: Re: Why is the USDT crashing? Post by: styca on October 17, 2018, 05:35:24 AM Tether is still crypto, even though it plays the role of a fiat equivalent. It has fluctuated in the past, and I'm sure it will continue to move away from the dollar peg from time to time. It is a good reminder to us all that you should not regard it as the same as fiat, and even when the market is falling it is still a risk to hold USDT for a long period of time.
Title: Re: Why is the USDT crashing? Post by: Davidbaecker on October 17, 2018, 10:49:58 AM There are a lot of variables to consider why the crash is even happening. One thing to keep in mind in a situation like this is to make sure you're getting the right information regarding the market as panicking or losing your cool won't do you any good. If you at the market right now BTC has risen in value. The most important thing right now is to keep an eye on the market and see what changes.
Title: Re: Why is the USDT crashing? Post by: duyduc256 on October 17, 2018, 11:45:49 AM Tether is still crypto, even though it plays the role of a fiat equivalent. It has fluctuated in the past, and I'm sure it will continue to move away from the dollar peg from time to time. It is a good reminder to us all that you should not regard it as the same as fiat, and even when the market is falling it is still a risk to hold USDT for a long period of time. Things are back to normal and we should not put too much pressure on Tether because most people keep USDT every time trading and investment demand is still high compared to the current. I personally believe Tether will still exist with Cryptocurrency and people need not worry about keeping this Fiat.Title: Re: Why is the USDT crashing? Post by: zeze18 on October 17, 2018, 11:48:44 AM Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation? I think usdt is not a really fiat converter, it's still a cryptocurrency too that can up and down normally. Bitcoin sudden price pump that made tether price down i think Title: Re: Why is the USDT crashing? Post by: clonely on October 17, 2018, 11:51:27 AM We shouldn't be surprised. This is not the first time USDT has done this. Similar things happened many times before.
Title: Re: Why is the USDT crashing? Post by: qwizzie on October 17, 2018, 11:54:15 AM Stablecoins All Want to Be $1, But They're Not Worth the Same
https://www.coindesk.com/which-stablecoin-is-the-riskiest-the-crypto-market-is-pricing-that-in/ Quote The market is starting to differentiate between stablecoins, even though these cryptocurrencies are all designed to trade 1-to-1 with fiat. Several U.S. dollar-pegged cryptocurrencies are now trading either significantly higher or significantly lower than the greenback, reflecting investors' perceptions of their relative risk. Given that stablecoins are typically used as on-ramps for investors looking to purchase bitcoin or other cryptocurrencies, these premiums and discounts mean that customers may not be paying bitcoin's "sticker price," as listed on a given exchange or data platform. The new, more discriminating valuations began Monday morning, when the best-known stablecoin, tether (USDT), broke its peg, falling to a low of roughly $0.87. And while the price stabilized closer to $1 over the next day or so, its market capitalization dropped significantly, indicating that tethers are being taken out of circulation. https://i.imgur.com/ISjolOc.jpg Seems like most traders are dumping Tether for Gemini Dollars. I think we will see a slow decline of marketcap for Tether and a slow increase of marketcap for other stablecoins over time. Title: Re: Why is the USDT crashing? Post by: xbossJ on October 17, 2018, 11:54:56 AM Since the start of the crypto boom beginning last year, there is never a time Tether (USDT) has not been a headline! Allegations upon allegations on how USDT is been run and whether it has the Dollar in cash that it uses to hedge on $Bitcoin and other crypto assets that trade against it! Other people wonder how non transparent the Tether ecosystem is been operated, on several occassions people have insinuated that the recent rise in $Bitcoin's price may have been manipulated with the continous "Minting" and subsequent pumping of more Tether into the market, in all of these, no reports have proven whether Tether has at one time or the other been used to manipulate the market! Good thing is that we still have stable coins we can hedge on! All exchanges need to do is to add more stable coins to the pack.
Title: Re: Why is the USDT crashing? Post by: Diamond_Darrell on October 17, 2018, 03:27:19 PM https://c.radikal.ru/c30/1810/28/a685d0a55015.png (https://radikal.ru)
Guys, look carefully at the charts and you will understand that such ups and downs of prices are pure manipulation. Title: Re: Why is the USDT crashing? Post by: anobtc on October 17, 2018, 03:37:07 PM Only FUD has no online base, they argue that USDT is not transparently audited and can not be mortgaged in real dollars, so it can be removed from the exchange.
Title: Re: Why is the USDT crashing? Post by: victory.lil on October 17, 2018, 03:45:02 PM There are a lot of reasons, of course she’s not alone, because all this is obviously accumulating and going into one big problem, so I’ll probably just say that the time of the USDT is over. But everything can come back
Title: Re: Why is the USDT crashing? Post by: ColemanGentry on October 17, 2018, 05:27:46 PM Nothing will happen with tether. This is a very convenient and useful coin in practice, if at all it can be called a full-fledged cryptocurrency.
Title: Re: Why is the USDT crashing? Post by: rufusBTC on October 17, 2018, 06:26:42 PM USDT crashing because of only fud as always.. You know last 1 year maybe we hear same thing again and again. in my opinion tether is safe . and as you can see tether come to 1 usd value again..
With these fuds whales easily earn 10 percentage in one day. That is incredible. Title: Re: Why is the USDT crashing? Post by: smoolae on October 17, 2018, 06:30:35 PM USDT problem is that it can be made out of thin air and still you can use it to buy coins/tokens that cost actual money. Bitfinex can pretty much print out some Tether and continue to pump crypto prices with it.
Cannot really trust actions like this. Title: Re: Why is the USDT crashing? Post by: kobita333 on October 17, 2018, 06:33:48 PM It's because BTC domination is getting higher and people are converting their USDT into BTC, perhaps. Or it is a kind of manipulation. BTW, we have seen such a case in back in 2017 and there was a bullrun right after that. Will it be same?
Title: Re: Why is the USDT crashing? Post by: AccidentalTuber on October 19, 2018, 08:15:03 PM The tether crash might be for excess dumping by the bounty hunters. As price drops there might be more dumpings in the future.
Title: Re: Why is the USDT crashing? Post by: BusyShows on October 19, 2018, 08:15:51 PM Recently we have seen the crush of the most stable coin USDT of about 5%. Only days before the coin lost its dollar peg, Tether LLC the issuer of USDT pulled $300 million worth of coin unavailable for general use a week ago.
Title: Re: Why is the USDT crashing? Post by: Jeroiswen on October 19, 2018, 08:16:45 PM I think a panic is triggered which is the reason behind tether price drop. Tether has always been alleged of discrepancy between their actual and claimed funds and recently a fake news broke out about Binance delisting it.
Title: Re: Why is the USDT crashing? Post by: Araewien on October 19, 2018, 08:17:27 PM USDT is the most talked thing recently for the crypto arena, as 300million worth stable coin is taken out from the circulation, paved to way to panicking and effectively crashes in the market lossing its soul purpose to be stable.
Title: Re: Why is the USDT crashing? Post by: chocopapaya on October 19, 2018, 08:23:13 PM Well, it has recovered since a couple days ago, but USDT is a time bomb waiting to explode.
The scary thing is how many exchanges actually tie the USDT to real fiat. If there are only USDT trading pairs with other cryptos, than it wouldn't be as bad. But if there is a direct exit from USDT to real us dollars, then yes, it can crash the entire market. Well, at this point, any of the top 10 can crash the market. This is why, from the start I have always been against USDT and have encouraged others to stay far away. Each USDT is supposed to represent one real USD held in bank reserve, so the price is upposed to stay stable at $1. But that hasn't been the case. On top of that they just keep on minting new coins like nothing else, serious red flags everywhere. Title: Re: Why is the USDT crashing? Post by: bboyjohn on October 19, 2018, 08:28:51 PM The usdt was a very useful and functional system. However, the fact that it is being used more and more every day is a loss of value for bitcoin. It is good news for bitcoin, so that the usdt is avoided and its price dropped :)
Title: Re: Why is the USDT crashing? Post by: coinbirds on October 19, 2018, 11:25:06 PM Tether crashed as people lost confidence in it, and there were some panic selling due to some FUD.
The Tether market will stabilize back to around $1 soon. If Tether crashes it will not affect the whole market collapsing, it would cause only short time effect on the prices of other coins. Title: Re: Why is the USDT crashing? Post by: bolbau on October 20, 2018, 04:54:10 AM another fud news spread by interest groups to damage market prices. if there is indeed a narration that the USDT will collapse, we need an objective data that is clear enough to prove the statement, don't just assume. those who do not like the crypto industry seem to be rather boring, the issue they are trying to raise never changes, that crypto (be it bitcoin, altcoin, usdt) will experience a collapse, but the reality that is happening now, crypto is able to survive and continue to grow .
Title: Re: Why is the USDT crashing? Post by: cattano on October 20, 2018, 05:11:50 AM That can be just an act created by someone or some group to makes another currency, in this case cryptocurrency to rise.
I believe that is a normal occurrence that could happen at anytime. So this is some kind of trick to rise the price of some coins. Title: Re: Why is the USDT crashing? Post by: lrvjvt on October 20, 2018, 07:50:11 AM In the short term, it won't collapse in 1-2 years. A temporary crash is normal because you have to know that the USDT opponent is very powerful. They may want the USDT to be unable to obtain long-term benefits.
Title: Re: Why is the USDT crashing? Post by: hengha on October 20, 2018, 07:52:18 AM Because all the coins in the cryptocurrency market are determined by purchasing power, even USDT is no exception. When the number of sellers is too large, it will collapse!
Title: Re: Why is the USDT crashing? Post by: clololck on October 20, 2018, 08:48:36 AM The price of the USDT has fallen by 10% in one hour on the same day as this theme was released. This is indeed a panic. We also saw that this incident caused a rapid rise in BTC and ETH. Although USDT quickly corrected its price, it also made us see the crisis. The USDT was welcomed by everyone because it anchored the US dollar, which made everyone feel safe. But this time let us know that this is not the case.
Title: Re: Why is the USDT crashing? Post by: RockBar0 on October 20, 2018, 08:59:14 AM In the short term, it won't collapse in 1-2 years. A temporary crash is normal because you have to know that the USDT opponent is very powerful. They may want the USDT to be unable to obtain long-term benefits. But USDT will fall back, because the USDT price is stable, they are not easy to fall deep, so I believe this coin, I always convert other coins to USDT to hold when the market fluctuates. . That is my reason why I believe in this coin.Title: Re: Why is the USDT crashing? Post by: veter2601 on October 20, 2018, 09:13:06 AM Now a very large negative background information about usdt . Many say that it will collapse . In addition, the market appeared a lot of stable coin . Each coin usdt must be a usd , but not actually presented any evidence of this . Price usdt falls is not the first time , reacting to the panic around him. Their assets I transferred in usd , and what will happen with usdt only time will tell.
Title: Re: Why is the USDT crashing? Post by: hellyeahent on November 13, 2018, 07:22:57 AM When people do not understand something, they are usually afraid of something. It seemd to be the best description of behavious of the author of first post.
Title: Re: Why is the USDT crashing? Post by: Enzos on November 13, 2018, 08:18:39 AM It must be a new stable currency that deliberately smashes it. In fact, although the USDT is an imperfect coin, it is still the most stable currency. Testing the stability of the currency takes time. Other coins take a long time to go beyond the USDT.
Title: Re: Why is the USDT crashing? Post by: Downloaded on November 13, 2018, 09:44:37 AM Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation? BTC is like puppet master for the huge part of market and newbies like to invest it and then create a lot of noice, when something goes wrong. It is needed to be stopped. Title: Re: Why is the USDT crashing? Post by: oioioi on November 13, 2018, 10:20:03 AM in my opinion not, because USDT doesn't really affect the market,
if Bitcoin and Ethereum they are very influential, because all altcoins use the ERC20 system on average Title: Re: Why is the USDT crashing? Post by: trobbert on November 13, 2018, 10:33:03 AM USDT isn't crashing. Probably there was price manipulation and that;s why people panic about it.
nevertheless I am positive about USDT,it is the onlu liquid stable coin Title: Re: Why is the USDT crashing? Post by: CryptoBry on November 13, 2018, 11:13:20 AM Because all the coins in the cryptocurrency market are determined by purchasing power, even USDT is no exception. When the number of sellers is too large, it will collapse! Exactly and this just an application of the usual market forces (supply and demand) as well as some common sense. There are many factors that can affect the old supply of law and supply but one of its prime mover is the confidence expressed upon something by the market movers. When investors, traders and just plain holders are looking forward for the bright future meaning the picture is bright and rosy we cna expect an upsurge but when the opposite can be true then there would be some fallout. Title: Re: Why is the USDT crashing? Post by: virtual_miner on November 13, 2018, 11:29:30 AM I think for various reasons, but the main reason is that the amount of Tether is about $ 1.9B, not nearly $ 3 billion before. There is also competition from other stablecoin
Title: Re: Why is the USDT crashing? Post by: waser12 on November 13, 2018, 11:42:51 AM I don't believe in the Theory of a large plot. Creation of USDT was a mean of making money as business. And sometimes shit happens in business.
Title: Re: Why is the USDT crashing? Post by: andreizver on November 13, 2018, 11:51:30 AM I heared that this situation is connected with some bad news and regulators. But another news which come after this - "USDT provide a documents from bank that they have a needed sume in the bank's". So - all this is speculation i think.
Title: Re: Why is the USDT crashing? Post by: petrcoin on November 13, 2018, 12:07:20 PM Actually there were transparency issues with usdt.
They said more than 2billion dollars in their bank account but didn't bring any proof. It combined with a proof and people just dumped it with any price they can get. At the end, they released a statement about proof. So price back to normal. Title: Re: Why is the USDT crashing? Post by: charlotte04 on November 13, 2018, 12:16:15 PM Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation? I think they seen that USDT has it flaws and they saw it that it will be a scam someday and they got out immediately before it happens. Title: Re: Why is the USDT crashing? Post by: Hudora on November 17, 2018, 06:51:59 AM Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation? BTC is stable during last 4 month. After a significant fall, there is always a recovery. Since market is usually falls down with BTC, there is nothing special about it. Title: Re: Why is the USDT crashing? Post by: lihongjing on November 17, 2018, 07:40:22 AM Other stable coins can weaken its power because it is the strongest stable currency. At least it was the earliest stable currency, so many people are willing to believe it, but its opponents want to beat it. Unless the new stable currency is enacted by the national government, this is basically impossible.
Title: Re: Why is the USDT crashing? Post by: EducoinVietnam on November 17, 2018, 07:48:36 AM Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation? Real market reaction could not be determided by one single action, it needs much more time for participants to try new ways and find out real state of things. Title: Re: Why is the USDT crashing? Post by: killerfrost on November 17, 2018, 07:50:45 AM Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation? BTC is stable during last 4 month. After a significant fall, there is always a recovery. Since market is usually falls down with BTC, there is nothing special about it. Title: Re: Why is the USDT crashing? Post by: krassy on November 17, 2018, 07:55:31 AM It is not necessary to tie the value of cryptocurrency to the dollar, the economy is now in anticipation of the crisis, many of the processes in the world trade directed against the us dollar, it will inevitably lead to a decline in the value of cryptocurrency to the dollar. It is better in my opinion to use more stable currencies Japanese yen or British pounds.
Title: Re: Why is the USDT crashing? Post by: Barbatos on November 18, 2018, 08:40:44 AM Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation? If BTC will drop to 5k, market will feel major loss, but USDT is not the kind of toke that is able to be leader for significant changes. Title: Re: Why is the USDT crashing? Post by: kjn311 on November 19, 2018, 11:31:41 AM Ethereum felt so hard, so even the rapid growth is not able to cover all the losses. The same statement shoudl be true about other altcoins.
Title: Re: Why is the USDT crashing? Post by: paveel90 on November 19, 2018, 12:56:42 PM Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation? USDT does not influence the entire market so much, so you should be calm, there is no chance of collapse caused by USDT in the nearest future. Title: Re: Why is the USDT crashing? Post by: wxxyrqa on November 19, 2018, 01:02:18 PM Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation? USDT does not influence the entire market so much, so you should be calm, there is no chance of collapse caused by USDT in the nearest future. Title: Re: Why is the USDT crashing? Post by: memFISTO on November 20, 2018, 07:04:11 AM Market is already collapsing, becase most of tokens are dead and burried. I do no think tha single coin is able to change something.
Title: Re: Why is the USDT crashing? Post by: e@symode on November 25, 2018, 02:59:23 PM I do not think that in the near future there will be something awful, look at the market, now a very large number of people are still trying to fix their deposit in USDT because this project still seems to be proven.
Title: Re: Why is the USDT crashing? Post by: Luna0120 on December 09, 2018, 11:21:40 AM Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation? If BTC will fall to 5 thousand, the market will feel a great loss, but USDT - not the type of token that is able to be a leader in significant changes. Title: Re: Why is the USDT crashing? Post by: nonbody on December 09, 2018, 01:14:21 PM Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation? The current market for cryptocurrencies will still be affected by large players, and the ideal of BTC decentralization is still far away.Title: Re: Why is the USDT crashing? Post by: ashmodeus on December 09, 2018, 02:07:23 PM USDT is a flat token,
i mean price always on 1 usd same like PAX token or TrueUsd or another standar token. when btc fall , tether pair with btc will grow . and visa versa. or , i have miss understanding about what TS mean ? Title: Re: Why is the USDT crashing? Post by: Who I on December 09, 2018, 02:20:56 PM Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation? The market does not depend on any particular coin. And even if the USDT actually turns out to be a Scam, it will not affect the market. There will be other coins that will replace the USDT. And while he's okayTitle: Re: Why is the USDT crashing? Post by: ryanfromrethink on December 10, 2018, 03:56:51 PM Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation? Ethereum felt so heavy that even rapid growth was not able to cover all the losses. The same statement must be true for other altkoynov. Title: Re: Why is the USDT crashing? Post by: tmskcimen on December 10, 2018, 04:14:25 PM I don't think you should necessarily trust tether, they aren't really backed by anything and can create more of their currency whenever they want. It's honestly somewhat concerning, I wouldn't keep much money in it for very long.
Title: Re: Why is the USDT crashing? Post by: JohnMacZeppelin on December 10, 2018, 04:15:39 PM Market is already collapsing, becase most of tokens are dead and burried. I do no think tha single coin is able to change something. This is a very negative view of things and I am sure that today there are other points of view, because today all the same it would be better not to panic but to save the tokens and not sell them, but to start investing in the market. Title: Re: Why is the USDT crashing? Post by: MR_Klip on December 10, 2018, 04:20:10 PM USDT is not so much impact on the entire market, so you have to be calm, there is no chance of failure caused by USDT in the near future.
Title: Re: Why is the USDT crashing? Post by: liuqi on December 10, 2018, 04:26:09 PM USDT is not so much impact on the entire market, so you have to be calm, there is no chance of failure caused by USDT in the near future. All the experts are know about the USDT potential it is one of the stable currency so price will never varied, But marketcap is depends on demand. The current market is totally damaged because of Bitcoin crash so we should concentrate in Bitcoin health. I hope next year is the wonderful year in crypto platform.Title: Re: Why is the USDT crashing? Post by: snykutlug on December 10, 2018, 05:20:31 PM If you able to see the history of the tether all the time it's worth 1 us dollar so if you able to convert you BTC and ETH into Tether in a higher stage you will able to buy more at the dip because Tether never scales with BTC or ETH.
Title: Re: Why is the USDT crashing? Post by: okanciftci74 on December 10, 2018, 08:23:15 PM There is no need to trust Tether. Because Tether itself has hidden his face to reveal his truth and as there is no legit third party to audit. Tether has not posted their audited accounts for several months, they had a contract with an auditing firm called Friedman LLP but was recently terminated for ‘unknown’ reasons.
Title: Re: Why is the USDT crashing? Post by: Ximoandali on December 10, 2018, 10:05:37 PM Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation? I doubt that there will be a collapse of the usd, I do not see just a reason to close the coin , now seems to be even possible from the usdt immediately withdraw to your card .Title: Re: Why is the USDT crashing? Post by: cryptolidus on December 10, 2018, 11:32:45 PM It is claimed that Tether is backed by $ but there were some rumors that it is not fully backed and a panic
selling of Tether has started and that resulted in a price crashing. If Tether would collapse it would surely effect the whole market but it is not the only stable coin so the market would survive without Tether. Title: Re: Why is the USDT crashing? Post by: chairmanMao on December 11, 2018, 09:45:20 AM This is usually the case that the holder has been panicked by the impact of the news media or other public opinion. I still remember that day, Bitcoin rose 20% in the period of time. This is the first time I saw the spectacular. However, after a few hours, Bitcoin recovered its original price and the stable currency continued to stabilize.
Title: Re: Why is the USDT crashing? Post by: JohnMacZeppelin on December 11, 2018, 02:50:58 PM USDT is not so much impact on the entire market, so you have to be calm, there is no chance of failure caused by USDT in the near future. And on the contrary, I think, and I’m absolutely sure of this, that it is the USDT that gives people such misfortunes, which today have brought the whole world into such a situation. It is a pity to understand this, so it seems to me that something needs to be done about it.Title: Re: Why is the USDT crashing? Post by: tonibyuzen on December 12, 2018, 08:58:34 AM Too much noise and talk around the USDT, I have often heard that the coin was created to make manipulations in the cryptocurrency market. But whether this is the case or not, we will not know, because we are too far from the truth and are not experts. The capitalization of the USDT shows that the trust in this stablecoin is great and it is still used.
Title: Re: Why is the USDT crashing? Post by: JohnMacZeppelin on December 12, 2018, 03:06:43 PM Too much noise and talk around the USDT, I have often heard that the coin was created to make manipulations in the cryptocurrency market. But whether this is the case or not, we will not know, because we are too far from the truth and are not experts. The capitalization of the USDT shows that the trust in this stablecoin is great and it is still used. The USDT project has been talked about for a very long time, but in spite of all this today, there are still no problems with the USDT project today it has become clear that the USDT project is working with BitFinex, and as far as I understand it is their projectTitle: Re: Why is the USDT crashing? Post by: TamaraKul on December 16, 2018, 09:26:19 AM Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation? The market is already crumbling because most tokens are dead and buried. I do not think that one coin is able to change something. Title: Re: Why is the USDT crashing? Post by: atayating on December 16, 2018, 09:29:41 AM Although USDT is a cryptocurrency based on US dollars, its price will still vary with the transaction. This is a problem that all cryptocurrencies must face.
Title: Re: Why is the USDT crashing? Post by: Aryleeto on December 17, 2018, 07:49:06 PM Some people say that the mission of the USDT was created to collapse.Why does OKex trade all large-scale USDT futures explosions? This caused the entire market to start exploding, and coins such as Bitcoin Ethereum rose rapidly, and BTC rose 13%. Is this situation beneficial to this market? Will the collapse of the USDT cause the entire market to collapse? What do you think will happen in the next situation? I don't know why you think the usdt might do something bad ? I see that the usdt went to the people and connected the verification and passing it you can output in dollars , I think it is unlikely to be closing the usdt |
