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Title: How to store Tether? Post by: elektra on July 06, 2017, 04:43:42 PM I am thinking of maybe putting some profits into Tether to "secure" them, but do they have a wallet for Tether, or how are you supposed to store them? I see they have some sort of mobile app, is that the wallet? Most people I have talked to does not recommend mobile wallets?
Title: Re: How to store Tether? Post by: styca on July 06, 2017, 05:05:19 PM I've never really thought about storing Tether long-term. I only use it short-term on the exchanges for when my coin is falling against USD, so that I can buy back in at a lower point. If I wanted the USD long-term, I'd withdraw as fiat.
Sorry I haven't been much help! Title: Re: How to store Tether? Post by: shams on July 06, 2017, 08:05:18 PM I am following this post I also want the answer for this question I am also planning to convert few of my BTC to USDT before the segwit but where to store them I don't know so I am also anxious to get the answer of this question.
Title: Re: How to store Tether? Post by: Dude.Lebowski on July 06, 2017, 09:06:50 PM I am thinking of maybe putting some profits into Tether to "secure" them, but do they have a wallet for Tether, or how are you supposed to store them? I see they have some sort of mobile app, is that the wallet? Most people I have talked to does not recommend mobile wallets? you have to download and run Omni Core Wallet. It's a clone of Bitcoin QT that supports all Omni protocol coins if which Tether is. Omni is to Bitcoin what a token is to Ethereum. Title: Re: How to store Tether? Post by: oddwh on July 07, 2017, 04:46:07 AM I am thinking of maybe putting some profits into Tether to "secure" them, but do they have a wallet for Tether, or how are you supposed to store them? I see they have some sort of mobile app, is that the wallet? Most people I have talked to does not recommend mobile wallets? you have to download and run Omni Core Wallet. It's a clone of Bitcoin QT that supports all Omni protocol coins if which Tether is. Omni is to Bitcoin what a token is to Ethereum. I've heard somewhere Tether was centralized, so with this wallet, it's not, right ? What are the risks to store our money in Tether ? Omni needs to download the whole bitcoin blockchain or not ? I'm really interested to tether to store some dollars I don't want to put back in the bank, but I feel completely noob with this altcoin :D Title: Re: How to store Tether? Post by: styca on July 07, 2017, 05:41:50 AM What are the risks to store our money in Tether ? One risk is that since the Wells Fargo issue in April, they're struggling to maintain the peg at $1. It's only moving a few cents either way, but obviously that can easily turn a profit into a loss... so always check the current price before converting coins to/from Tether. Title: Re: How to store Tether? Post by: ranih on July 07, 2017, 05:53:43 AM Why not exchange it to fiat (USD) instead? to avoid the fees?
Because it worth the same anyway... Title: Re: How to store Tether? Post by: StealthCoin1 on July 07, 2017, 06:50:21 AM tether store in your mom tits :D
Title: Re: How to store Tether? Post by: Gaius Cryptus Tradius on July 07, 2017, 07:05:20 AM My question is also about Tether. Why is it that it fluctuates? Basically can you make money swing trading the Tether :O?
Title: Re: How to store Tether? Post by: StealthCoin1 on July 07, 2017, 07:07:40 AM My question is also about Tether. Why is it that it fluctuates? Basically can you make money swing trading the Tether :O? Swing with your mom tits? I like that :D Title: Re: How to store Tether? Post by: elektra on July 07, 2017, 03:15:44 PM I am thinking of maybe putting some profits into Tether to "secure" them, but do they have a wallet for Tether, or how are you supposed to store them? I see they have some sort of mobile app, is that the wallet? Most people I have talked to does not recommend mobile wallets? you have to download and run Omni Core Wallet. It's a clone of Bitcoin QT that supports all Omni protocol coins if which Tether is. Omni is to Bitcoin what a token is to Ethereum. It is this one? : http://www.omnilayer.org/download.html#download I read you have to download 100gb blockchain though? Is there a stand alone download for it, as syncing from wallets are usually super slow. Title: Re: How to store Tether? Post by: elektra on July 07, 2017, 06:17:12 PM Also when using the Omni Core Wallet do you need to send some BTC to the address to be able to store Tether and MaidSafe etc?
Title: Re: How to store Tether? Post by: styca on July 07, 2017, 06:26:51 PM My question is also about Tether. Why is it that it fluctuates? Basically can you make money swing trading the Tether :O? Here's why it's struggling to keep the peg: http://bitcoinist.com/dammit-tether-one-job/ And the move to the LTC chain will (unless I misunderstand) allow USDT->fiat USD: http://www.livebitcoinnews.com/tether-will-soon-issue-usdt-tokens-omni-litecoin-network/ |