Do you trust Tether?

[djsugar]

The Tether scam has been building for quite a time now. Tether is a base for whole crypto market. Its collapse can ruin the Bitcoin market. The huge amount of tether printing in December was considered as the main reason for Bitcoin pump. Recently, the $300 million of tether printing was expected to boost the market condition. But this has brought the Bitfinex again under scrutiny. During the last research, they were able to prove the backing fund. But now the security officials have gone more stringent as direct involvement of dollars has been a major concern for US officials.

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[Tilbrook007]

I don't. How they get away with the way they run their business is unbelievable.
Tether could potentially destroy the market if the American government pursue this matter.

https://btcmanager.com/summary-on-tether-and-where-were-at/

I do not trust all times, always switch to USDT to reduce the price and exchange with other types of coin!

Good idea...do not trust Tether. If this Tether situation ignites they will be worth ZERO along with all the other coins in the market

[Leona Lewis]

Hmm...While market is going down I wanted to try to trade with USD related coin, i guessed USDT is ok for that.But when i've read your comments above   I've got a lot of concerns about that. Is there good coin that is always near 1$ ?

[Proton2233]

Hmm...While market is going down I wanted to try to trade with USD related coin, i guessed USDT is ok for that.But when i've read your comments above   I've got a lot of concerns about that. Is there good coin that is always near 1$ ?

Tell me why you need a coin that has a constant price? If I need dollars then I can always exchange cryptocurrencies for Fiat. Why do I need a transit currency? No, I do not believe in the prospects of the existence of such a currency. I am attracted to their volatility in cryptocurrencies.

[jk20201818]

I don't. How they get away with the way they run their business is unbelievable.
Tether could potentially destroy the market if the American government pursue this matter.

https://btcmanager.com/summary-on-tether-and-where-were-at/

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[Marvell1]

As I know very few people trust it. I also prefer to get my profits in USD, not in USDT. But I know for sure that newcomers don't understand the real difference between USD and Tether...

[santiPOGI]

Tether is not for a long time holding, this is just a substitute when you think bitcoin will fall so low.
then buy back soon at the dip.
I don't understand why tether is here with crypto, are FIAT world really want to come in?
We just need to observe properly and make sure to be careful.

[bwonwen2015]

As I know very few people trust it. I also prefer to get my profits in USD, not in USDT. But I know for sure that newcomers don't understand the real difference between USD and Tether...

As per my knowledge, people use Tether to do trading, not for saving. Not everyone but few newcomers do not understand what is the difference between USD and Tether.

[Tilbrook007]

If Tether manipulated the market in the past and the American government expose it the market will be crippled. This a a sleeping giant that you should all be aware of.
IT SCARES ME

[poetmo]

I don't. How they get away with the way they run their business is unbelievable.
Tether could potentially destroy the market if the American government pursue this matter.

https://btcmanager.com/summary-on-tether-and-where-were-at/

That is not a trustworthy coin,it is backuped by the usd it means bankers has most of its supply and we dont know if the total supply is nearly unlimited or it can be produce by these bankers with their own will,like what fiat is i suggest stay away from this coin as you do with XRP which is also a centralized shitcoin in the market.

[bboyjohn]

It's not safe at all. the number of circulating figures in the market is increasing day by day. They do extra production as they want and it's a pretty bad move. For this reaon I dont trust and i dont use tether.

[Fiord]

There is to many questions for tether, and they are not answering them, so it should at list look suspicious, sometimes I do use Tether but every time it makes me worry.

[Tilbrook007]

I don't. How they get away with the way they run their business is unbelievable.
Tether could potentially destroy the market if the American government pursue this matter.

https://btcmanager.com/summary-on-tether-and-where-were-at/

I do not trust all times, always switch to USDT to reduce the price and exchange with other types of coin!

SMART, Tether will be worth nothing if it is exposed as a scam

[Tilbrook007]

There is to many questions for tether, and they are not answering them, so it should at list look suspicious, sometimes I do use Tether but every time it makes me worry.

Your correct, the principals of Tether think they are above the law BUT things will catch up with them if it is a scam. I hope its not a scam but i have my doubts
Serious investors do not enter markets with things like this hanging over the market space

[AIRDROPSQUAD]

I don't trust them nor should anyone hodl large amounts of money in USDT. But for small amounts I think Tether is pretty useful. Also so much money into the hands of a single company is very risky and whenever something goes wrong it is going to be catastrophic.

I agree Tether is very useful to exit when the crypto market going to crash.
I usually trade coin which has a pair with USDT. That can minimize your loss. Because the value of USDT is the same as USD.

[Manc89]

I don't. How they get away with the way they run their business is unbelievable.

Until tether can prove the reserve funds to backed tether token and I will never trust tether company. How company just released another 300 millions tether just in some months. Man there is no difference between tether company and bankers that always printed fiat money anytime.

Does it seem good for you?

Just waiting for the result of  audit from bitfinex to the tether company.

Well, if they really make more and more tether so far and make them rich and cheating the investor so no way to believe them again. So please stay away from them because you can get your money loss because of believing to them.
So far i never trade with tether so i never know this problem before.

[dangful]

I trusted Tether USDT actually I use it as my stash to save my crypto assets from losing their worth and especially the crypto market is dropping this year.
saving your assets using USDT Tether is better than holding your altcoins and let them drown and dump together with Bitcoin because this year is the worst year for Crypto market as it is the first year when the Crypto Market is dropping over 70% dropping since last 4 months.

[dangful]

I don't. How they get away with the way they run their business is unbelievable.

Until tether can prove the reserve funds to backed tether token and I will never trust tether company. How company just released another 300 millions tether just in some months. Man there is no difference between tether company and bankers that always printed fiat money anytime.

Does it seem good for you?

Just waiting for the result of  audit from bitfinex to the tether company.

Well, if they really make more and more tether so far and make them rich and cheating the investor so no way to believe them again. So please stay away from them because you can get your money loss because of believing to them.
So far i never trade with tether so i never know this problem before.

for me, they create Tether as USD:USDT ratio in order to save investors on losing their assets especially when the Crypto Market is bleeding.
converting your altcoins into USDT Tether is easier than converting them into money and invest back into your favorite and trusted altcoins.
more people are trusting Tether for their own purpose, and I also trusted Tether because I use it as my Crypto stash to save my altcoins from dropping.

[bogacola]

I think people will pretty quickly realize that USDT is worthless, and the ability to trade it for BTC will stop. The exchanges that use USDT as their "fiat", roughly 20% of the bitcoin market, will suddenly be unable to trade. Smarter people will realize that 20% of the bitcoin market just evaporated, and any effort to manipulate bitcoin upward with USDT is no longer possible.

[nemey]

Why not? I think that Tether is one of the stable coins. This altcoin serves the good volume on the exchange. Additionally, the price is still very affordable. I think I'm gonna analyze many more about Tether coin.