thought on Tether?

[strongwarrior238]

everything seems to be red, but tether green?
that shows strength and diligence of coin, i think that they have technology that lasts and that goes forward (instead of backwards) and that it will go up in the future.

if you don't believe me, than how it can be green when everything else is red? if it can survive this dip, it can survive everything!

i'm already up 3% from a few days by investing in tether, you can join in too!

im not financial advisor, don't invest money if you don't want to lose it or gain it.


pros of coin:

-green when others red
-didn't lose money on it
-doesn't fluctuate like bitcoin

cons of coin:
-only 3% gain in last days


what do you guys thing? i'm moving all of my investment into tether, maybe you think to do same?

share thoughts.

It can be said that the negative information of Tether has greatly influenced the digital money market. It has contributed to a sharp drop in bitcoin prices over the past few weeks, despite the fact that the Tether has risen back in the past and has not been completely resolved. This will make investors fully secure investment in the digital money market.

[1713907424]

1713907424

[1713907424]

1713907424

[1713907424]

1713907424

[Miracleismyidol]

everything seems to be red, but tether green?
that shows strength and diligence of coin, i think that they have technology that lasts and that goes forward (instead of backwards) and that it will go up in the future.

if you don't believe me, than how it can be green when everything else is red? if it can survive this dip, it can survive everything!

i'm already up 3% from a few days by investing in tether, you can join in too!

im not financial advisor, don't invest money if you don't want to lose it or gain it.


pros of coin:

-green when others red
-didn't lose money on it
-doesn't fluctuate like bitcoin

cons of coin:
-only 3% gain in last days


what do you guys thing? i'm moving all of my investment into tether, maybe you think to do same?

share thoughts.

I think the bad news from Eastern Tether also has a little impact on the digital money market. Tether can be said as a time currency and is worth the equivalent of a US dollar. Even though the Tether has turned its back on its value, it also shows that the market is volatile and that any bad news coming from any penny can hurt the market.

[bitgolden]

Mainly whales use Tether to take all the profits fast then make the rest of the Bitcoin and altcoin markets crash for their convenience. They use Tether as a tool to bleed the markets, shake out all the panic sellers and weak hands so they can get maximum profits fast, this is what Tether is a safe haven for their capital and huge profits. There are big whale clubs in various chat rooms where whales gather and discuss how are they going to control and affect the market for their benefit to make all the others in the end big losers, except for early adopters of coins.

you talk about forums and chats where big whales discuss such important things, But I'm still inclined to think that these are fairly closed communities and it's very difficult to get there.

Yes, just as the name sounds, it is only meant for whales and as long as you do not belong to that category, you actually have no business finding your way there. I have heard in so many places that you will even have to register to be a part of the community and it is not a little amount of money.

However, with respect to what the guy you quoted mentioned, they do not need USDT to bleed the market; they can decide to even cash out in USD.

[strongwarrior238]

everything seems to be red, but tether green?
that shows strength and diligence of coin, i think that they have technology that lasts and that goes forward (instead of backwards) and that it will go up in the future.

if you don't believe me, than how it can be green when everything else is red? if it can survive this dip, it can survive everything!

i'm already up 3% from a few days by investing in tether, you can join in too!

im not financial advisor, don't invest money if you don't want to lose it or gain it.


pros of coin:

-green when others red
-didn't lose money on it
-doesn't fluctuate like bitcoin

cons of coin:
-only 3% gain in last days


what do you guys thing? i'm moving all of my investment into tether, maybe you think to do same?

share thoughts.

We can see the tremendous impact that Tether has had on the market, and the continuing bad news of the Tether has partly led to a drop in bitcoin prices over the past week. However, in the past few days the price of Tether has started to rise again, the positive signal from the members of the project. It can be hard to find a stable coin like Tether.

[Traderbtcc]

Easy to understand. Tether is usd. 1 USDT (tether) = 1USD. There is not much difference. US $ 0.99-1.02. Tether is born to ensure capital balance if needed

I'm not too moved by stablecoins like tether. Because the primary reason why they're stablecoins is to retain their value in severe market conditions with little to no volatility or change in price. Although tether has its own advantages. Like we can use it as a safe haven during  downtrends.

[koryu]

I must admit, its very strange that we dont the the proper insight. If we had an audit it would remove all the doubt. Until then, just dont touch usdt, thats what I am doing at least.

[aencarnaci]

Mainly whales use Tether to take all the profits fast then make the rest of the Bitcoin and altcoin markets crash for their convenience. They use Tether as a tool to bleed the markets, shake out all the panic sellers and weak hands so they can get maximum profits fast, this is what Tether is a safe haven for their capital and huge profits. There are big whale clubs in various chat rooms where whales gather and discuss how are they going to control and affect the market for their benefit to make all the others in the end big losers, except for early adopters of coins.

First of all, whales do not even need tether to bleed the market. They can trade against normal USD on any other exchange without issues. USDT is just a cryptocurrency designed to be an equivalent of USD for trading purpose and nothing else. Also, talking about whales, that is how they operate and it has been like this since inception of trading, so at the end, only the weak hands end up suffering it.

[Sengoko]

everything seems to be red, but tether green?
that shows strength and diligence of coin, i think that they have technology that lasts and that goes forward (instead of backwards) and that it will go up in the future.

if you don't believe me, than how it can be green when everything else is red? if it can survive this dip, it can survive everything!

i'm already up 3% from a few days by investing in tether, you can join in too!

im not financial advisor, don't invest money if you don't want to lose it or gain it.


pros of coin:

-green when others red
-didn't lose money on it
-doesn't fluctuate like bitcoin

cons of coin:
-only 3% gain in last days


what do you guys thing? i'm moving all of my investment into tether, maybe you think to do same?

share thoughts.

Where was this when I needed a good laugh few days ago? I really do not understand if some do not ask questions nor do some research before they post. Anyway, there is no need reiterating what others have said, as they have told you exactly what USDT stands for which for now, there is even a serious case on them. However, I am just here to thank you for allowing me to have a good laugh trying to imagine you holding Tether, believing how strong it is and waiting for something like 1000% gain at the end of 2018 since you already have 3% on it right?

[strongwarrior238]

everything seems to be red, but tether green?
that shows strength and diligence of coin, i think that they have technology that lasts and that goes forward (instead of backwards) and that it will go up in the future.

if you don't believe me, than how it can be green when everything else is red? if it can survive this dip, it can survive everything!

i'm already up 3% from a few days by investing in tether, you can join in too!

im not financial advisor, don't invest money if you don't want to lose it or gain it.


pros of coin:

-green when others red
-didn't lose money on it
-doesn't fluctuate like bitcoin

cons of coin:
-only 3% gain in last days


what do you guys thing? i'm moving all of my investment into tether, maybe you think to do same?

share thoughts.

In the past month, we can see that Tether is generating a lot of negative issues, when the penny issuer illegally releases it to buy bitcoin at a low price. This shows inflation and Tether's instability, I think we can still keep the Tether now, but in the long term, it's a risk that you're holding a penny. governed by the manufacturer.

[Kiweikoo]

Most of the users here already explained that tether is not suppose to grow in value, since it was created to represent the dollar. So 1 tether, should also be equivalent to 1 dollar, no matter what is happening to the market. I will only add that there was a lot of controversy regarding tether, claiming that they did not hold enough dollars to support it's marketcap. This would mean that they might have been "printing" tether to be able to hide any possible losses, and if all the current tether users decided to cash out, they wouldn't be able to do it, because there was not enough money there to make the payments.

Users were asking for an audit, but I haven't heard any recent news saying that those issues were solved. Have anyone here heard anything else about this?

I have only heard that it still has not been solved - which is bad. The reliability of Tether must be established ASAP.
As for this thread, it is amazing to see how many people seem to be dealing with and possibly trading cryptocurrencies they have no clues about.

One would have to be on the lookout and be smart trading against Tether right now as that would be a crazy one if at the end the negative part we are hoping will not be established end up getting established. I am still trying to picture the effect that would have on the general market but all I can think of is people trying to drop USDT for bitcoin at any cost they could get into BTC or any other coin. I am not sure, just a guess.

[ralph_0608]

Tether is only good to lock up your profit. If you want to lock your profit when almost alts are down like this, its not advisable for investing. Because, Tether is a dollar based coin, so what ever happens to market its value will maintain.

Exactly converting your coins to tether is like freezing its value so no matter what happen to crypto market your investment is not affected since it was in tether. this is a good strategy when crypto market is bearish as what we are experiencing right now. convert your coins to tether and when the market start to recover you can buy it again for any coins at a much lower price than when you convert it for tether before and you can count it as interest or earnings already.

[alyssa85]

Kraken is stopping tether trading for Japanese residents from March 9th:



I presume this is because the Japanese govt has issued some guidance about the legality of tether for Japanese citizens.

I wonder if other govts will follow?

[bitcoinmasterlord]

Kraken is stopping tether trading for Japanese residents from March 9th:



I presume this is because the Japanese govt has issued some guidance about the legality of tether for Japanese citizens.

I wonder if other govts will follow?

This is the only coin people use to save their profit in exchanging site if all governament follow this rule then really i don't know what to say and how much it will affect the traders and crypto holders.

another question now only Kraken is stopping, how about other sites will follow?

[ladydark]

Tether is a crypto currency which is pegged to traditional fiat currencies like USD and Euros.It is used by traders to easily enter and exit the exchanges.It is widely used in almost all big exchanges.It is backed 1:1 by traditional currencies reserves.OP has not actually researched the crypto market and has just seen tether to be in green while other altcoins remain red.It would not benefit in any way other than using it as a medium for buying cryptos and converting it in to fiat.

[rawdogCrypto]

usdt is always 1 usd. thats why you dont see it go up/down in value against the dollar haha

[Leonard2016]

If you take a look at tether chart in coinmarketcap you will see it usually moved around 1$ and that looks firm against fluctuations , and best time to buy it when market is red to shield yourself against red waves!

[Enzo05]

USDT is always @ 1 USD it is not a good investment if want your token or coins to be higher on your expected . It is the safest cryptocurrency that has a stable price.

[letecia012]

The best time to convert your coin to usdt is during bear season as what we are experiencing right now in that way it would preserve the value of your coin to u.s. dollar and preventing its value to go lower. you can use it to buy other coin any time specially when coins are in bottom price.