I'm in crypo world since 2021 only and since then I've noticed a lot of folks talking about Tether as being a potentional scam that may crash the markets one day and I've watched videos from crypto detectives/scam busters such as Coffeezilla and he makes some pretty fair points about Tether being the cryptos biggest scam.
I wanna personally know from people who have been in crypto for little longer than I have and maybe know a few things more or could share their personal view on Tether.
My side question to this would also be: Which type of stablecoin do You find the most credible in the Crypto space?
Thanks in advance for more experienced folks for sharing their insight!
I am in Cryptoworld since 2017, there is no sure about the most credible stablecoin except USDT since there is some stablecoin that crashes, for example, Terra(LUNA). "LUNA was meant to buffer TerraUSD against market volatility, but it succumbed to extreme selling over recent days. Its trading price was knocked down to $0.03, last week. That’s down 99.9% since May 6. “It was inevitable Terra crashed as the reliance on using other cryptocurrencies as collateral as well as the minting/burning mechanism of LUNA for Terra was not sufficient to survive any serious market volatility,” says Adam Carlton, CEO of crypto wallet PinkPanda says. In a bid to save TerraUSD, the Luna Foundation Guard (LFG), the nonprofit that supports the Terra network, depleted its entire reserve of $3 billion in Bitcoin. And it was the fund’s dumping of its Bitcoin reserves in a last-ditch effort to save UST that probably helped contribute to Bitcoin’s volatility." Source: https://www.forbes.com/advisor/in/investing/cryptocurrency/crypto-market-crash/In stablecoins, there have generally been successful in maintaining they're pegged, there have been isolated incidents where specific stablecoins faced challenges or failed to maintain their intended stability. These instances can be attributed to various factors, including insufficient collateralization, mismanagement, lack of transparency, regulatory issues, or market shocks. However, it is worth noting that stablecoins such as Tether (USDT), USD Coin (USDC), and DAI have been operating relatively stably and have gained significant traction in the crypto market. These stablecoins are widely used for various purposes, including remittances, trading, and as a store of value. They have established themselves as credible options within the cryptocurrency ecosystem. It's crucial for users and investors to conduct thorough research and due diligence before engaging with any stablecoin to assess its credibility, track record, and the mechanisms in place to maintain stability. Market volatility and risks are inherent to the cryptocurrency space, and careful consideration is necessary when choosing stablecoins or any other digital assets. |
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Isang Tech company base sa hongkong named Smart Citi ay ngpaplano na magrelease ng stablecoin para sa pilipinas, base sa kanila malaki ang maitutulong nito sa mga remittance galing abroad kung saan mapapabilis nila ang pagtransfer na hindi na need ng clearing sa banko usually inaabot yan ng ilang araw kung hindi ako nagkakamali Ang kanilang CEO ay nagsabi na ellaunce nila ito, sa loob ng 2 weeks ito ang link ng balita: https://www.bworldonline.com/corporate/2023/05/25/524824/smart-citi-hong-kong-based-firm-to-launch-phl-stablecoin/?fbclid=IwAR2575yTcavzIRMJ1bWzBboMbrFq_tVnI_CqWqn5Bz_2iEqIq4S_gQ_IA7cWala pang sinasabi na name ng coin, pero magiging maganda ito kung ito talaga ay magkakatotoo, mabilis ang transfer at walang issue, Ang iniisip ko lang dito ay baka tulad ng iba na stablecoin na biglang nawalan ng value, although ang sabi naman nila ay hindi ito mangyayare. Kayo mga kabtt anu ang inyong pananaw tungkol dito? So, if ever man na magkaroon ng stable coin sa Pinas, possible nga magkaroon ng mas mabilis at efficient na remittance at mas mapromote o maencourage ang iba para magkaroon ng at least knowledge about cryptocurrency. In addition, magkakaroon din tayo ng low transaction fees compare sa traditional services na magcacause ng cost-effective transactions. Possible na magkakaroon ang lahat ng malayang pagpapadala ng pera even though na hindi sila or wala silang access about bank nor bank account. However, hindi natin maiiwasan yung pagbaba ng halaga kahit na sabihin nating stable coin, may iilan pa rin kasing nababa yung halaga kahit na stable coin. At kung sakali mang maaprubahan ang stable coin, may disadvanatage pa rin ito na hindi lahat ng mga market or merchants ay i-aaccept yung stable coin kaya mahihirapan pa rin gamitin yung ganitong klaseng coin. Matagal pa siguro bago magamit talaga yung mga ganyang klaseng bagay lalo na sa mga transactions sa pagbili sa merkado, kasi hindi lahat may knowledge at hindi lahat ay tumatanggap ng pera na hindi fiat or digital currency na nakasanayan na. |
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Tataas pa ang price ni XRP lalo na sa yobit, magpapump talaga yung price nya dahil pansin ko na karamihan dito satin ay kinoconvert yung Bitcoin to Ripple for withdrawal, lalo na kung kailangan na kailangan talaga ang pera. Mapapabili ka na lang talaga ng lowest available sell orders, at di ka na makapaghintay na magkaroon pa ng mas mababa.
Black propaganda ang ginagawa nila imbes na mag focus sa project nila for development.
Tama ka, mas mainam kasing I papalit muna sa xrp ang bitcoin para mas bumaba pa ang fee kasi kung direkta mo ididiretso sa cons.ph gamit bitcoin ay tiyak na mas mataas ang value nito. Hindi natin masasabi kung matutuloy tuloy pa ito kasi may chance pa din naman na mas umangat din ang fee gamit ang xrp na maaaring ikababa nito. |
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Dont know if youre updated still op or not but this sero coin is going zero to the floor.   It shows that not every coin success at the end because that shows it only at the beginning of the release of token but then it would dump like some of the people. Project not based on the logo because it is how the ICO succeed and how it continued to work to introduce for other in order to gain a demand. |
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Ang paggamit ng mga email na iba iba ay napaka epektibong paraan at dapat hindi lang basta basta iba iba din ang mga password na gagamitin para mas maging secure ang ating mga account. Alam natin na ang gmail ang isa sa pinakamahalaga sa atin dahil once na mabuksan ito nang iba o ng hacker maaari na niya iopen ang ating mga account or wallet ifoforget password niya lang ito at papalitan at makukuha niya na ang mga laman ng mga wallet at kung ano ano pa kaya dapat mag-ingat.
Kung gagawin yan ay dapat siguraduhin natin na di mawawala yung listahan natin dahil mahirap kapag nawala lahat ng info natin kasi hindi natin madaling matatandaan kung iba iba ang gmail na gagamitin natin. Mas secure ang account mo ay mas maraming process ang dapat handa kang mangyari dahil maaaring mahalaga pa pala ang ibang gmail na ginamit mo. |
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If actually it was a theory then how about from landing on the mars? Because why they actually experiment and plant on a mars when they didn't success from landing on the moon? As they evidence have a unreality event that can show edited? Can someone explain?
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This could be through scam promotions on Bitcointalk, Reddit, or any other social media sites, or maybe through Google ads, etc. Instead of just completely ignoring it, spend a few seconds reporting the scam site as to hopefully prevent potential victims from falling for these scams. Even if the difference to be made probably is just minuscule, it could make a difference. Remember, it only takes a few seconds. Reporting a scam site is a good idea but it does no good if the reports aren't acknowledge properly. For the above mentioned websites: How many reports are needed for a scam site to be taken down ? If we report a site, what are the chances that it will be taken down ? I also think when if a site getting down then they created a new one. So, it is better not to report only but to warn some person from the kind of scam on the site because they can create a new site but if a person totally don't know then they easily bait from the site so it means the problem was on the people who actually bite a bait. |
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I still remember the slogan of Bitcoin is "Be your own Bank". so it's very inefficient and useful if we use the Bank to store our Bitcoin assets. Banks will definitely use our assets for their business interests.
I don't believe in the security of banks and private keys are very sensitive things.
Basically sooner or later we will realize how banks are helping the government as well as our economy in terms of financial aspects of utilizing money. But there's also allot of flaws that banks are not allowing us to see easily that they are doing. In this case, the combination of cryptocurrency and banks would be possible without incorporating bitcoin but in the creation of their own blockchain technology that will serve as the backbone of their own crypto. I can say, bitcoin will really not be associated directly with banks, banks doesn't want bitcoin either so the only way for banks to keep track of the financial innovation is to use blockchain technology. It is true, banks are helpful in developing the economy of a country regardless the mistakes and lack on certain things. Banks are now trying to keep themselves updated to the growing demand, and as a part now bitcoin holding is possible through the banks. This is something a better news for people who believe on banking services rather than other forms of investments. Safe bitcoin not have in the bank just use offline ledger wallet you can safety for saving your bitcoin and altcoin, never doubt with how trusted and safety using offline ledger wallet for saving your bitcoin, you can save for ten years later as your future investment without paying fees each month than if you use bank as your destination for saving bitcoin, lately today still not support any bank want to accept saving bitcoin and altcoin. But there are some online wallet that are safety just input some recovery because it was too hard to recover if you havent any access on your account. It is good to invest in bitcoin than bank but has a risky. But think that the bitcoin was still alive now and soon there are some demand will go as we want so do hold bitcoin. |
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Ang makakasagot lang nito ay ikaw, depende kasi yan sa budget at plano mo. Alam naman natin ang right timing pra bumili ay kapag bumababa ang price ng mga coins na gusto nating bilhin. Kelan lang bumaba sa $7900 ang price ng bitcoin at ngayon naman naka recover sya sa current price na $8200. So kung pang short term ang plano mo na income kung nkabili ka sa price na $7900 kumita kana sana ngayon.
Ano ba ang plan mo kung sakaling mkabili ka? Kung pang long term basta nag decline ang price pwede na bumili. Kung short term naman mas maganda na sa dip price ka mag buy kaya dapat naka monitor ka lagi sa market.
well ang hirap mag decide lalo na sa gantong unstable market ,lalo na kung ang plano ay short term dahil ambilis ng pagkilos ng presyo pero magulo,biglang tataas pero bigla ding baba,mag stay ng ilang araw sa level tapos biglang gagalaw ulit. sa ganitong pagkakataon dapat ready ka din na mag hold in case maling timing ang makuha mo dahil ang volatility ng market ang talagang hadlang sa mga plano natin pero ito din ang nagbibigay ng earnings Sa panahon ngayon alanganin talaga ang pagiinvest sa mga altcoins, mahirap sabihin na stable ang market kahit medyo maganda Ang market now Kumpara nung mga nakaraang mga buwan. Ang problema Kasi mas gusto na ng mga two now ang Bitcoin dahil mas magiging stable to Kumpara sa altcoins na puro scam Kaya nadadala na mga tao. Pero maganda naman ang market ngayon kung bibili ka dahil isipin mo na mas mura pero panget lang kung ikaw ay nahohold dahil mababa ang bentahan. Kung may plano ka mag invest para mag hold ay simulan mo na dahil mas mainam kung ngayon ka na bibili. Bilhin yung mga hindi o malabong matanggal sa Market para sure. |
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Binance and Coinbase have Apps for Android Applications.
Have them both, but most of my trading goes through Binance, I use Coinbase just for storage of some of my Crypto.
Almost a lot of cryptocurrency know that and also they do that. In my country we have our own wallet which compatible some popular coin and it named "coins.ph" where we can withdraw into fiat. It is good to have that every country has their own wallet in a legal way. |
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Anong masasabi nyo dito mga kababayan? Ang daming mga ka kopetensya sa larangan na ito ng industria ng cryptocurrency, makakaya kaya ng Binance na makipag sabayan sa kanila? Ang lakas talaga ng Binance ngayong taon kaya sunod2x silang naglulunsad ng mga makabagong investment method isa na dito ang kanilang pag launched ng Bagong P2P crypto trading platform na katulad nito. mababasa nyo dito ang kabuuang detalye: SourceSa tingin ko makasasabay naman ang binance lalo na kung sa China sila mag-lalaunch ng kanilang Crypto trading platform. Matagal na na-banned ang cryptocurrency sa China, mula ito noong 2017 hanggang sa kasalukuyan pero nagpatuloy parin sa pag-ttrade at pag gamit ng crypto ang mga enthusiasts. Kaya namab kung sila ay mag-llaunch ang Binance ng trading platform sa China, may posibikudad na ang 1.4 billion na populasyon ng china ay mag-umpisang gumamit nito matapos ang matagal na restriction ng bitcoin. May posibilidad din naman na humanap ng ibang exchange o gumawa ang China ng sarili nilang exchange. Kilala naman natin ang mga Chinese na gusto nilang kontrolado nila ang magiging sitwasyon. Malaking epekto yon sa bitcoin pero isipin natin na binanned nga nila ang crypto kaya hindi pa rin ganong aangat ang bitcoin. |
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I have been in the crypto world since a long time but i have not been able to make my portfolio and never earned anything...i dont have much cash that i can buy many different coins....i have only 0.01 btc right now  Please tell me ways if there are any to earn some different types of altcoins to slowly build up my portfolio with some valuable coins... If you have funds then do trade because for your rank, and now, it is hard to find a good altcoin for free because sometimes even you waste your half year you can get a shitcoin and sometimes they didn't pay. I advise that do trading for now. Just study some techniques to earn a lot money. |
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Maraming bitcoin supporters ang naniniwalang maraming coins at altcoins ang iiwanan ni bitcoin papataas at hindi na makakahabol pa.
Kahit na maraming altcoins ang nabugbog ng husto kay bitcoin, meron din namang mga coins na maaaring kayaning sumabay kay bitcoin. Para sa akin, nasa top 10 ng coinmarketcap ang pwedeng sumabay o maaaring top 20 pa at naniniwala akong yung mga coins na yun ay yung may mga solid na project at malinaw na white paper bukod pa sa kanilang active developers and founders. At naniniwala ako na hihirit ng husto at magbibigay ng mataas na returns sa investment mo bukod pa sa bitcoin ang ilan sa mga solidong coins na ito.
Isang araw magugulat na lang tayo na biglang nagtaasan na pala altcoins.
Dalawa lang ang hino HODL ko ETH at XRP plus BTC. Yan ang solido ko. Yung ibang altcoins ko tinitrade ko na.
Pero ilan sa mga hihirit sa palagay ko:
1. Ethereum
2. XRP
3. ADA
4. Litecoin
5. BCH
6. TRON
Marami pa namang coin ang papadating dahil marami pa ring ICO ang nagsisilabasan ayon nga lang ay karamihan sa kanila ay hindi nagsusuccess dahil hindi naman halos lahat sumisikat katulad ng mga top 10 altcoin. For now maraming magandang bilhin dahil mga mura ang kanilang price. Kung bibilhin mo, mas mataas ang tendency na mas kikita ka dahil popular ang mga ito at hindi basta basta magiging shit coin. |
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Meron pa siguro pero hindi na ganun kaprofitable compare sa dati, dati pag sinuwerte life changing, pero ngayon halos swerte na kapag nalan10-20k minsan wala pa, dahil mautak na mga project now, huli na nila dinidistribute ang mga tokens Kaya dump na bago pa maibenta.
Bilang bounty hunter hindi mo din kasi masisisi yung team owner kung delay sila mag-distribute kadalasan kasi ito ay kagustuhan ng kanilang mga investors kaya syempre susundin nila. naging sistema na kasi sa bounty hunter ang mag dump kapag lumabas ang token sa exchange kaya tingin ko iniiwasan din ito ng mga team owner na mangyari, dati kasi basta lumbas sa exchange patuloy umaangat ang value pero ngayon awtomatik agad na bagsak kapag naging available na sa exchange. Kaya minsan nasisisi ang mga manager dahil sila ang nagpapatakbo ng campaign sa Forum pero hindi nila alam na pati ang manager ay tinatakbuhan din ng mga investor na kanila ng nilalakad. May mga campaign din ako na scam pala kaya parang tinamad na rin ako saka yung iba naman ay walang value ang token kaya nakakadisappoint kasi sunod sunod na. |
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If you want your money to stabilize within a few years, then I think buy USD. But if you want to take the risk, buy all bitcoin from your funds at $ 1k. But when viewed as a whole from the beginning bitcoin appeared until now, the price tends to rise like a mountain track. And in my opinion you will get 80-300% in the next 2-3 years if you buy bitcoin. And of course, you need to have other funds to meet your daily needs aside from the $ 1k.
but to invest in bitcoin we must know clearly about the risks involved. indeed we see trends in bitcoin going up, but there is no guarantee to increase your investment in the next 3 years. By knowing the risks, I think it will make it easier for us to invest without worrying every day So be ready for the risk you wanted to go for you to avoid regrets. Because in investment by trading, if you win then someone will lose their coin too and vice versa. If you are scared to lose then find some way that can earn money in less risky way but take a long time like investing from holding bitcoin. |
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subok na yung mga kilalang manager sa ganyang klaseng trabaho, tulad ni Yahoo, once na maglabas ng campaign yan kahit nasa unahan pa application mo wag mong asahan na matatanggap ka kung puro bounty ang post mo at yung mga pagkakataon na biglang mabubuhay yung account mo dapat active ka pa din most of the time.
Ganito nga nangyari noong nag try ako mag apply sa campaign nya last year. ako pa talaga ang nasa unahan sakto kasi pagka refresh ko ng services lumabas yung bago nyang campaign, kaya yun nag apply ako kaagad pero sa kasamaang palad hindi ako tinanggap dahil yung mga post ko dati puno ng bounty report. pero ngayon nalinis ko na at mabuti nalang ngayon natanggap ako ni Hamphuz. Mas maganda kasing mahigpit din yung mga manager kasi at least quality yung mga member at hindi basta basta lang bayad ng bayad at hindi rin masakit sa ulo yung mga kasali. |
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Mahirap sagutin yang tanong mo. Mas maganda maging specific ka. Kapag sinabi mo kasing murang altcoin lang, baka iniisip mo eh yung mga outside top 100 na. Mura nga naman pero high risk siya. Marami mababang presyo dyan pero mabagal ang development o kaya naman ay abandonado na. Anong mga altcoins ba naiisipan mong bilhin?
By the way, gamitin natin ang tamang board sa susunod. Dito ang discussion ng altcoins sa local https://bitcointalk.org/index.php?board=243.0 Pakilipat na lang dun, makikita mo "move topic" sa bandang ibaba. Daming magandang altcoin kaya lang wala talagang magandang bilhin dahil karamihan ngayon ay bumabagsak nalang. Pero maganda kung sakaling bibili ka ng mas mababang coin ngayon dahil mura. Suggest ko lang kung bibili ka ay sure na popular dahil at least less ang risk kung sakali. |
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Good, for people who do like Bitcoin and he has a lot of money and is not good for people who have no money to buy bitcoins  . Bitcoin is an asset or can also be a saving and I am very happy to play, invest, trade Bitcoin and Altcoins  It is really bad for someone to invest in something and they can't afford it. That would really bring them down but for me, the bad thing about bitcoin is that it is a decentralized crypto currency. Despite the big pumps and big profits, they are getting. Even if it faster to transact than other currencies, it will still be decentralized and that means it would never be a currency. But you can buy even not totally one bitcoin so how you can't afford it? If you have a job you can save all your money on bitcoin but before that, you need to know about the bitcoin before investing on it so you fully understand why it is good to invest in bitcoin. |
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Isa palang akong studyante na kung saan nalaman ko ang bitcoin sa pamamagitan ng aking mga kaibigang kaklase na kung saan kasabayan ng bull run at magandang epekto yon sakin dahil nakatulong lahat ng pagsali ko dito dahil nagkaron ako ng extra income kahit na ako'y estudyante lamang.
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