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Bitcoin Forum > Alternate cryptocurrencies > Speculation (Altcoins) > USDT trading for $1.15???
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hoolio (OP)
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December 12, 2017, 07:25:27 PM
 #1
What's happening?
~Bitcoin~
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December 12, 2017, 07:35:05 PM
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People find it more comfortable to cashout their crypto at current peak level and keep them in USDT till there will be dump in the market, exchanging those USDT back to crypto is much easier than holding USD in your exchange wallets or your bank account. This might have increased demand for USDT temporarily so the price is increasing in terms of usd.

However I don't trust tether as many claims they don't have enough USD in their bank account to back USDT.
ligma
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Solrider13
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December 12, 2017, 07:53:26 PM
 #3
Also, the Tether on bittrex for BTG is almost $15 off of what it's trading for BTC...
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