Bitcoin Forum
May 22, 2019, 08:21:39 PM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: How to store Tether?  (Read 1195 times)
elektra
Full Member
***
Offline Offline

Activity: 140
Merit: 100


View Profile
July 06, 2017, 04:43:42 PM
 #1

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?
1558556499
Hero Member
*
Offline Offline

Posts: 1558556499

View Profile Personal Message (Offline)

Ignore
1558556499
Reply with quote  #2

1558556499
Report to moderator
1558556499
Hero Member
*
Offline Offline

Posts: 1558556499

View Profile Personal Message (Offline)

Ignore
1558556499
Reply with quote  #2

1558556499
Report to moderator
1558556499
Hero Member
*
Offline Offline

Posts: 1558556499

View Profile Personal Message (Offline)

Ignore
1558556499
Reply with quote  #2

1558556499
Report to moderator
The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1558556499
Hero Member
*
Offline Offline

Posts: 1558556499

View Profile Personal Message (Offline)

Ignore
1558556499
Reply with quote  #2

1558556499
Report to moderator
1558556499
Hero Member
*
Offline Offline

Posts: 1558556499

View Profile Personal Message (Offline)

Ignore
1558556499
Reply with quote  #2

1558556499
Report to moderator
styca
Sr. Member
****
Offline Offline

Activity: 756
Merit: 256


BITBOND STO


View Profile WWW
July 06, 2017, 05:05:19 PM
 #2

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!

shams
Sr. Member
****
Offline Offline

Activity: 350
Merit: 250


View Profile
July 06, 2017, 08:05:18 PM
 #3

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.
Dude.Lebowski
Full Member
***
Offline Offline

Activity: 129
Merit: 101


View Profile
July 06, 2017, 09:06:50 PM
Merited by d5000 (1)
 #4

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.

Okay. The old man told me to take any rug in the house.
oddwh
Hero Member
*****
Offline Offline

Activity: 854
Merit: 1002



View Profile
July 07, 2017, 04:46:07 AM
 #5

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  Cheesy

            ▄▄▄▄▄▄▄▄▄
        ▄▄███▀▀▀▀▀▀▀███▄▄
     ▄██▀▀             ▀▀██▄
    ██▀                   ▀██
   █▌                       ▐█
  █▌                         ▐█
 ▐█            ▄▄▄            █▌
 ██         ▄██▀▀▀██▄         ██
 ▄         ▐█▌     ▐█▌         ▄
███        █▌       ▐█        ███
 ▀   █▄    ▐█▌     ▐█▌    ▄█   ▀
   █▄  █▄   ▀██▄▄▄██▀   ▄█  ▄█
    ▀█   █▄    ▀▀▀    ▄█   █▀
      █▄   █▄       ▄█   ▄█
       ██    █  ▄  █    ██
         █▄    ███    ▄█
          ██    ▀    ██
            █▄  █  ▄█
             ██ █ ██
                ▄
               ███
                ▀

         ▄▄▄▄▄▄▄▄
      ▄████████████▄
    ▄████████████████▄
   ████████████████████
  ██████████████████████
 ████████████████████████
▐████████████████████████▌
▐████████████████████████▌▀▀▀   ▀▀▀
▐████████████████████████▌
 ████████████████████████
  ██████████████████████
   ██▀████████████▀██
    ▀██▀▀██████▀▀██▀
      ▀████████████▀
         ▀▀▀▀▀▀▀▀

▄▄▄▄▄▄▄▄        
▄████████████▄     
▄████████████████▄   
████████████████████  
██████████████████████ 
 ████████████████████████
▐████████████████████████▌
▄▄▄   ▄▄▄▐████████████████████████▌
▐████████████████████████▌
████████████████████████
██████████████████████ 
████████████████████  
▀████████████████▀   
▀████████████▀     
▀▀▀▀▀▀▀▀        
styca
Sr. Member
****
Offline Offline

Activity: 756
Merit: 256


BITBOND STO


View Profile WWW
July 07, 2017, 05:41:50 AM
 #6

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.

ranih
Full Member
***
Offline Offline

Activity: 168
Merit: 100


Snip - The Future of News on the Blockchain


View Profile WWW
July 07, 2017, 05:53:43 AM
 #7

Why not exchange it to fiat (USD) instead? to avoid the fees?
Because it worth the same anyway...

StealthCoin1
Sr. Member
****
Offline Offline

Activity: 439
Merit: 250



View Profile
July 07, 2017, 06:50:21 AM
 #8

tether store in your mom tits  Cheesy
Gaius Cryptus Tradius
Full Member
***
Offline Offline

Activity: 196
Merit: 100


Hoqu.io – Decentralized Affiliate platform


View Profile
July 07, 2017, 07:05:20 AM
 #9

My question is also about Tether. Why is it that it fluctuates? Basically can you make money swing trading the Tether :O?

StealthCoin1
Sr. Member
****
Offline Offline

Activity: 439
Merit: 250



View Profile
July 07, 2017, 07:07:40 AM
 #10

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  Cheesy
elektra
Full Member
***
Offline Offline

Activity: 140
Merit: 100


View Profile
July 07, 2017, 03:15:44 PM
 #11

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.
elektra
Full Member
***
Offline Offline

Activity: 140
Merit: 100


View Profile
July 07, 2017, 06:17:12 PM
 #12

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?
styca
Sr. Member
****
Offline Offline

Activity: 756
Merit: 256


BITBOND STO


View Profile WWW
July 07, 2017, 06:26:51 PM
 #13

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/

Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!