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elektra (OP)
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July 06, 2017, 04:43:42 PM |
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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?
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Bitcoin addresses contain a checksum, so it is very unlikely that mistyping an address will cause you to lose money.
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styca
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July 06, 2017, 05:05:19 PM |
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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!
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shams
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July 06, 2017, 08:05:18 PM |
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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.
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Dude.Lebowski
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July 06, 2017, 09:06:50 PM |
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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.
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oddwh
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July 07, 2017, 04:46:07 AM |
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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  |
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styca
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July 07, 2017, 05:41:50 AM |
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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. |
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ranih
Full Member
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Activity: 168
Merit: 100
Snip - The Future of News on the Blockchain
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July 07, 2017, 05:53:43 AM |
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Why not exchange it to fiat (USD) instead? to avoid the fees?
Because it worth the same anyway...
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StealthCoin1
Sr. Member
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Activity: 498
Merit: 252
Life failures Stealthcoin, Ark coin and Safemoon
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July 07, 2017, 06:50:21 AM |
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tether store in your mom tits |
Stealthcoin, Ark and Safemoon my life 3 investment failures while bashing Ethereum at 0.20cent. Bye bye
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Gaius Cryptus Tradius
Full Member
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Activity: 196
Merit: 100
Hoqu.io – Decentralized Affiliate platform
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July 07, 2017, 07:05:20 AM |
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My question is also about Tether. Why is it that it fluctuates? Basically can you make money swing trading the Tether :O?
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StealthCoin1
Sr. Member
Offline
Activity: 498
Merit: 252
Life failures Stealthcoin, Ark coin and Safemoon
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July 07, 2017, 07:07:40 AM |
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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 |
Stealthcoin, Ark and Safemoon my life 3 investment failures while bashing Ethereum at 0.20cent. Bye bye
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elektra (OP)
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July 07, 2017, 03:15:44 PM |
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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#downloadI read you have to download 100gb blockchain though? Is there a stand alone download for it, as syncing from wallets are usually super slow. |
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elektra (OP)
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July 07, 2017, 06:17:12 PM |
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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?
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