what you think About "Tether" coin.

Tether is a scam. There is no way that there is enough minted currencies that are made for all of the tether that are being pushed into the market. It is more of a bubble and people should stop converting their money into tether because it is not the same thing as USD and they should get out now before the price crashes

Looking into the recent past, we can pretty much marvel at the success of the Tether project. The volume of the issued tokens only for the current year has increased by more than 3500%. I can be mistaken, but in my opinion I see no special prospects, even despite past successes.

There are no confirmations and denials that Tether is a scam. Personally, I also think that there is not everything so simple with money security in the form of real money. I think this can be used as a transhipment coin. But no more and not for long. By the way, I like Tether analogues much more.

you can use it but you should never hold it and definitely not use it a lot.

Tether is very convenient because its price is always (99% of the times) equal to 1 USD. and that is a nice feature to have when trading and when you don't want to use fiat.
but it is a shady coin because it is centralized and the company behind it is shady. they don't have nearly enough funds to back all the tokens and they never even guaranteed the price of it so it can drop to $0.01 and there is nothing you can do about it. or it can even disappear and fall to zero.

as you said, Tether's price is always (99% of the times) equal to 1 USD. which is definately convinient. but as it is a centralized coin and i am among those people who love to hold. so it's bit tough for me to play with.

Tether is a trick. It is highly unlikely that there are sufficient stamped monetary forms that are made for the majority of the tie that are being pushed into the market. It is all the more an air pocket and individuals should quit changing over their cash into tie since it isn't an indistinguishable thing from USD and they ought to get out now before the value crashes. There is no one like bit coin.

With the help of Tether, you can convert dollars into cryptocurrency. Tether is convenient to use, but it has many confusions being scammy. You can use Tether but to a limited extent.

The problem is that a lot of exchanges have tether instead of real USD so you are basically forced to hold tether if you are a trader. Best thing to do is if you are planning to hold usd for a long time, do it in an exchange like bitstamp or similar that actually uses USD. Always diversify.

Tether is just one catastrophe away from crashing the whole crypto market. The number of people who have huge amounts of their money in tether is crazy and if the Tether turns out to be a scam or gets hacked in the future than there is nothing stopping the blood from flowing in the crypto markets.

Tether is not doing up to the mark these days compared to ethereum and bitcoin. If it doesn't develop it's features, i think the day is not that far that Tether will be no longer in this vast crypto market.

USDT is just a frustrating choice and I would not use it if there is a better choice. So I didn't feel much favor for it, but now I can't live without it.

Quote from: currencymover on May 22, 2018, 03:42:32 PM

what you think About "Tether" coin.

I think, without a transparent audit, investors should look at alternative stable coins. Investors should thus be skeptical of coins that claim to have hundreds of millions of dollars backing them with no proof to back it up.

Quote from: Samolet on May 22, 2018, 06:01:19 PM

I agree to what you said.Its price is always fixed and never been pumping ever since its launched even it has reasonable increasing volume and just enough marketcap.Maybe it depends to fiat USD price directly. But I think it’s a better investment for those newbies in trading since its not that volatile, just my opinion only.

I think it's a great concept, but Tether is not a good execution of it. They won't let anyone independently verify that they have the reserves that they claim is backing the USDT. Ultimately, I think it is safe to use in the short-term to exchange funds, but I wouldn't want to be on the hook for their reserve shortfall long-term.

USDT Tether is good for trading to avoid big loss when all crypto down because this coin just has very small volatility. Tether will help to diversify risk when all crypto on bearish trend. But i heard Tether have some problem about AML and regulation. I dont use Tether for investment just for diversify risk.

Tether is a stable dollar substitute supposedly in one way or the other linked to the U.S. dollar. Experts fear that if tether collapses, it could have a "devastating" effect on the broader cryptocurrency market. its indeed a fast growing coin state to have an equivalent of 1dollar to 1 Tether.

Tether coin is full of scam and this makes people mad and It is all the more an air pocket and individuals should quit changing over their cash into tie since it isn't an duplicate or fake thing from USD and they are advantage take now they left from here so Bitcoin is the best and there is no scam and this coin has the future value. Roll Eyes

Except for the volume in circulation, i think tether is still good to be used, but it is not a long one shpould hold for long. It should rather be a transient coin, because anything can happen to a coin with such nature at anytime. I do not use it though and i am not too sure if i will use it.

Quote from: cliffdex on May 25, 2018, 01:13:24 AM

I'm just thinking about it tho, if it were to collapse somehow, people would want to get rid of tether, right? Wouldn't that actually push the prices up since everyone would be looking to buy any cryptocurrency with their tether at any price?