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Author Topic: Is USDT Tether safe?  (Read 23432 times)
babicena14
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February 01, 2019, 07:43:52 PM
 #101

I can't claim anything about the USDT, as there is still no confirmed information about this stablecoin. But now there are many other stablecoins that have confirmed that they are backed up by dollars and use them safely. For example, I can advise TrueUSD.

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SarangWallet
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February 02, 2019, 05:29:55 PM
 #102

The question is whether the value of USDT is equal to USD? Where are the USDT price benchmarks? Does the dollar have an effect with USDT? I see the USDT price is very stable, even if the exchange rate with the conventional currency is normal USDT price.
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February 02, 2019, 06:15:45 PM
 #103

The question is whether the value of USDT is equal to USD? Where are the USDT price benchmarks? Does the dollar have an effect with USDT? I see the USDT price is very stable, even if the exchange rate with the conventional currency is normal USDT price.
Until recently, this project had rather difficult legal problems in the United States of America. But today everything seems to have stabilized and, due to the current state of the cryptocurrency market, many users of cryptocurrency are grateful to the USDT for the opportunity to avoid the risks of losing their money.
dearbesz1219
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February 02, 2019, 06:30:16 PM
 #104

I would rather buy other stable coins that are not so controversial. Recently many good stable coins were created and they are more transparent than Tether. I am talking about Paxos or USDC that are listed on Binance Wink.
Elorika
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February 02, 2019, 07:13:02 PM
 #105

I would rather buy other stable coins that are not so controversial. Recently many good stable coins were created and they are more transparent than Tether. I am talking about Paxos or USDC that are listed on Binance Wink.
I think now usdt transparent coin , and the fact that lot of talk about it is because of the competition , as now the team completed the audit and I can say that usdt safe coin!

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atjiat
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February 02, 2019, 08:17:23 PM
 #106

I would rather buy other stable coins that are not so controversial. Recently many good stable coins were created and they are more transparent than Tether. I am talking about Paxos or USDC that are listed on Binance Wink.
I think now usdt transparent coin , and the fact that lot of talk about it is because of the competition , as now the team completed the audit and I can say that usdt safe coin!
In any case, inactive information is very much in the information space. But before you begin to act, you need to examine what the matter is. As for myself, I have already decided long ago that it will personally help me in this situation of the cryptocurrency market. I can keep my funds on the same level with this coin.
Metall303
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February 02, 2019, 08:28:10 PM
 #107

The question is whether the value of USDT is equal to USD? Where are the USDT price benchmarks? Does the dollar have an effect with USDT? I see the USDT price is very stable, even if the exchange rate with the conventional currency is normal USDT price.
Until recently, this project had rather difficult legal problems in the United States of America. But today everything seems to have stabilized and, due to the current state of the cryptocurrency market, many users of cryptocurrency are grateful to the USDT for the opportunity to avoid the risks of losing their money.
Now many users prefer to choose other stablecoins because тнeй are still believed that USDT is a scam, the same as me. When people used this stable(USDT) in the past they didn’t have as many diversification tools as they have now. so you can forget about usdt

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AlekseyCrypto
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February 02, 2019, 08:30:58 PM
 #108

On the Internet, a lot of articles that the USDT is not backed by real dollars. I think to keep their money in USDT very dangerous.
Kiefner
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February 02, 2019, 08:40:28 PM
 #109

I don't think that can be considered a USDT safe or stable coin. This coin is advertised as stable but it is not more stable than Ethereum or Bitcoin or than any other coin.

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HichemFetoui
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February 02, 2019, 08:52:01 PM
 #110

i think yes, for now, it's around from long time ago and survives a very hot fud wave but nothing is for granted in the crypto space without proper regulations -good luck for everyone
Ini35
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February 02, 2019, 11:32:40 PM
 #111

Today, the tether continues to print 250 million tether, raising the tether's market capitalization to more than $ 2.7 billion to reach the top 10 coinmarketcap. People say that every time a tether is printed, the bitcoin price increases because the tether pumped USDT onto the floor to push the bitcoin price. What do you think about this and keep the USDT safe?
I did not really get this details before now. I have only been hearing of USDT being a scam coin.
I see this occurrence to be very wrong, because those who are minting it, will be using it to enrich themselves.
I was not surprised to see the coin dump, immediately after it was announced to to be scam.
sieemma
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February 07, 2019, 09:32:58 PM
 #112

Tether is very safe because it is backed by exactly the same amount of USD. The new usdt you see does not mean they are making a fake usdt, any printed usdt means they have added the same amount to the bank reserve. This issue has been resolved some time ago. When the news about usdt was first released, I was really disappointed until Tether group proved it to be wrong.
[btc]YSG
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February 07, 2019, 09:42:47 PM
 #113

Is USDT safe In terms of what ? Holding ? I'm not sure what the essence of holding USDT, why not keep your assets as fiat instead of buying some coin of no potential benefits.

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valek.bruno
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February 08, 2019, 05:11:15 PM
 #114

USDT is a project that today has very vague prospects. I think that this project as a whole may worsen the situation between currencies in the future. I think that banks will be able to reanimate it in the future.
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February 08, 2019, 05:14:47 PM
 #115

Well, i don't agree with this but if it is working to raise the price of Bitcoin then its a good thing. The bitcoin powers the cryptocurrency and if it goes up, the whole crypto market goes up so all i can say that whatever the reasons may be, the bitcoin should keep going up.
boris singer
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February 08, 2019, 06:39:51 PM
 #116

Well, i don't agree with this but if it is working to raise the price of Bitcoin then its a good thing. The bitcoin powers the cryptocurrency and if it goes up, the whole crypto market goes up so all i can say that whatever the reasons may be, the bitcoin should keep going up.
The problem is safe or not, I think USDT is a new standard for uncertain market balance. And of course many things will be supported. I don't think it always makes bitcoin go up, for the long term they will take the bitcoin volume ratio every day. USDT will actually be the successor to Bitcoin in the next few years.
Sephire
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February 08, 2019, 06:41:55 PM
Last edit: February 09, 2019, 03:09:06 PM by Sephire
 #117

USDT has been in news multiple times and does not have any independent audit to show if the money backing all the issued Tethers is really there. There are many new stables coins out there now so there are many more choices even though some of those could be as risky as Tether. It may be safer to keep most of your trading funds in BTC or ETH.
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February 08, 2019, 07:04:54 PM
 #118

I would not recommend you to store funds in this cryptocurrency because it is like the dollar is not backed by any real value.
Catmurs
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February 09, 2019, 06:55:38 PM
 #119

I hope that the wallet in my country where you can exchange BTC and other cryptocurrency to FIAT will include this one USDT.
There are some tokens or coins which can only be traded on USDT which we need to buy BTC or ETH for us to transfer it to wallet then change it to FIAT again.
This will make better if USDT will be available on wallet IN EVERY WALLET all around the world.
I think this will never happen. because the goal of the cryptocurrency world is to switch to payments in cryptocurrency and not in stable coins
I doubt that we will ever move to cryptocurrency, because all the coins that are traded on the market go to a pair of Fiat money , so I think without Fiat money now is not possible to live

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February 09, 2019, 07:03:36 PM
 #120

It is one of the safest stable coins on the market. Yeah they have made some strange things with their total supply, but I mean the price was 1 USD and it remains 1 USD, so this stable going is doing a good job.

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