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Alternate cryptocurrencies => Altcoin Discussion => Topic started by: worldtraveller321 on January 11, 2018, 08:38:59 AM



Title: Tether Coins - still hacked
Post by: worldtraveller321 on January 11, 2018, 08:38:59 AM
With Tether still using as trading. on some Exchanges
Tether having been hacked and still some what compromised.

your thoughts? u think they stick around?


Title: Re: Tether Coins - still hacked
Post by: jakiro.hovard on January 11, 2018, 08:40:53 AM
The Tether project is a very strange project that no one has ever been able to test. Their amount of money that they provide to users has never been confirmed by anyone, it's a little scary.


Title: Re: Tether Coins - still hacked
Post by: cheezcarls on January 11, 2018, 08:47:35 AM
Good thing that I didn't consider investing in USDT, not because of the $31 million being stolen from them, but the rate is barely moving. Tether is trading somewhere between $1 to $1.01 for so many months.

When panic sellers are withdrawing their Bitcoin and other altcoins last December, I see that Tether has gone down to $0.97, but got back up to $1 after that. The developers should do something about this to make Tether reliable again.

I don't know if Tether has moved on or not from the $31 million stolen from them, they should treat it as lessons not to make the same mistake again as before.


Title: Re: Tether Coins - still hacked
Post by: ManaMan on January 11, 2018, 08:50:44 AM
With Tether still using as trading. on some Exchanges
Tether having been hacked and still some what compromised.

your thoughts? u think they stick around?


There are a lot fud and bad things around tether which is why I don't even consider it using in the first place. Many exchanges have it as trading pair because it is easier to put and include cryptocurrency than real fiat for which you need regulation. So as tether being "stable" people don't care they will trade with USDT as long as something bad don't happen to their company. They will be around no doubt to that.