Bitcoin Forum
October 31, 2024, 07:40:03 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 [18] 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 »
  Print  
Author Topic: Is USDT Tether safe?  (Read 23482 times)
otto93
Member
**
Offline Offline

Activity: 216
Merit: 10

Live, Hope, Win


View Profile
September 08, 2019, 03:55:29 AM
 #341

Yes for now its safe and will always look to be safe because apparently there is no significant price variation in it. Its a stable coin that posses minor or no harm to investors

Layers318
Jr. Member
*
Offline Offline

Activity: 266
Merit: 4

CurioInvest [IEO Live]


View Profile WWW
September 08, 2019, 04:04:27 AM
 #342

USDT is one of the most used stable coins on the market and I prefer it to any other stable coin. It is used to stop loss especially in market conditions where a coin in possession is very difficult to predict which trend it might go, either up or down. It is number 6 on coinmarketcap and I can vouch for its safety.

[ CurioInvest ]: Bringing Collectables into the Digital World (https://curioinvest.com) [IEO LIVE]
leetcoiner
Sr. Member
****
Offline Offline

Activity: 1056
Merit: 251


View Profile
September 10, 2019, 05:46:52 PM
 #343

USDT is one of the most used stable coins on the market and I prefer it to any other stable coin. It is used to stop loss especially in market conditions where a coin in possession is very difficult to predict which trend it might go, either up or down. It is number 6 on coinmarketcap and I can vouch for its safety.
Now more than half of the trading on the cryptocurrency market takes place through USDT. This is a very good and reliable system in the cryptocurrency market.
ezeobulu007
Newbie
*
Offline Offline

Activity: 83
Merit: 0


View Profile
September 13, 2019, 11:29:10 AM
 #344

USDT is the safest cryptocurrency of all time, zero fluctuations and never part of what pulls down the market cap.
Mrpumperitis
Legendary
*
Offline Offline

Activity: 2814
Merit: 1075


View Profile
September 13, 2019, 11:50:29 AM
 #345

Another day of USDT market manipulation....

https://cointelegraph.com/news/tether-mints-300m-usdt-in-chain-swap-corresponding-burn-still-awaits

Bitcoin - Blockchain 1.0 (2009)
Ethereum - Blockchain 2.0 (2015)
Partisia - Blockchain 3.0  (2021)
Nany79
Newbie
*
Offline Offline

Activity: 30
Merit: 0


View Profile
September 13, 2019, 01:25:28 PM
 #346

Why we need USDT if i play in cryptocurrency market, i focus on trading, this mean buy and sell coins may increase over the time, but USDT has fixed value why i use it.
I know may some use it avoid unstable market, but i do not like USDT.
altscaner
Member
**
Offline Offline

Activity: 269
Merit: 11


View Profile
September 13, 2019, 02:29:18 PM
 #347

Currently still safe and also tether is not too affected by issues that were crowded yesterday for example, such as cases of hack or something. it's just that if you want to use tether you have to be patient because the speed of Omni transactions can sometimes be very long compared to using Stablecoin with ethereum platforms like usdc is faster.

mamahdedeh
Full Member
***
Offline Offline

Activity: 812
Merit: 100


www.cd3d.app


View Profile
September 13, 2019, 02:38:49 PM
 #348

tether is a safe place to rest when trading or investing. if you want to buy coins and wait for prices, then you can place funds in USDT, these coins tend to be stable in price, making it suitable for a stopover before you make a transaction. although there is big news whether it is positive or negative, so far tether has remained in its position

esofelap
Jr. Member
*
Offline Offline

Activity: 182
Merit: 1


View Profile
September 22, 2019, 08:47:18 PM
 #349

In my opinion, Tether is safe at huge jumps in bitcoin, it is convenient for trading, but it remains to be an ordinary cryptocurrency, that is, it is not safe.

MINTER - WE MINT COINS AND CREATE THE INTERNET OF MONEY
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
https://www.minter.networ
tippytoes
Sr. Member
****
Offline Offline

Activity: 1988
Merit: 275


View Profile
September 22, 2019, 08:54:32 PM
 #350

In my opinion, Tether is safe at huge jumps in bitcoin, it is convenient for trading, but it remains to be an ordinary cryptocurrency, that is, it is not safe.

I believe, we still have hesitations towards USDT because it is owned by one group that their existence is dependent on them. Whatever problem they might encounter within their team, might affect the continuous presence of it in the market. Though it is a stable coin, is it really backed by the same number of US$s?


https://beincrypto.com/tether-co-founder-it-doesnt-really-matter-if-usdt-backed-by-equal-amount-of-dollars/

The whole crux of the Tether controversy rests on the fact that the leading stablecoin likely is not backed by what it claims to have in reserves. With the Tether Treasury minting more USDT on a semi-consistent basis, it may feel like a lot of USDT is just some hot air based on ‘trust.’ However, in a shocking admission by the co-founder of Tether, that may just be all there is to it.

As Lisa Abramowicz of Bloomberg Radio reports, William Quigley, both the CEO of WAX and the Co-founder of Tether, believes that having the exact amount of USD reserves to back USDT is not that important. In fact, what is important is that investors believe it is worth $1.
Made it a bit larger for those that cant read clearly.

This is the reason why I am doubting that they don't have the amount of USD to back this stable coin. But what they marketed before was that USDT is backed by fiat USD. They are still deceiving the crypto community. It might be the reason of their fall later on.
thisnewcoin
Full Member
***
Offline Offline

Activity: 406
Merit: 104


Convert Crypto at BestChange


View Profile
September 22, 2019, 08:59:16 PM
 #351

Of course, it is safe. Billions of dollar trading with USDT pair every day. In all stable coins, USDT still the first choice for most of the traders. Though sometimes their behavior seemed fishy but still USDT is safe.

[   B E S T   C H A N G E   ]      Best Rates For Exchanging Cryptocurrency
●              ►              Buy bitcoin with credit card  ✓              ◄              ●
FACEBOOK                TWITTER                INSTAGRAM                TELEGRAM
LUCKMCFLY
Legendary
*
Offline Offline

Activity: 2590
Merit: 1879


Leading Crypto Sports Betting & Casino Platform


View Profile WWW
September 22, 2019, 09:00:22 PM
 #352

According to what I have read about Tether, they want to support him with the Yuan, and they are also seeking their support with the Euro and major currencies worldwide, I think the idea of ​​all this is that they want to take care of their backs in case one of These currencies suffer some important fall, in the end I think it is an important and intelligent movement by them.

..Stake.com..   ▄████████████████████████████████████▄
   ██ ▄▄▄▄▄▄▄▄▄▄            ▄▄▄▄▄▄▄▄▄▄ ██  ▄████▄
   ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██  ██████
   ██ ██████████ ██      ██ ██████████ ██   ▀██▀
   ██ ██      ██ ██████  ██ ██      ██ ██    ██
   ██ ██████  ██ █████  ███ ██████  ██ ████▄ ██
   ██ █████  ███ ████  ████ █████  ███ ████████
   ██ ████  ████ ██████████ ████  ████ ████▀
   ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██
   ██            ▀▀▀▀▀▀▀▀▀▀            ██ 
   ▀█████████▀ ▄████████████▄ ▀█████████▀
  ▄▄▄▄▄▄▄▄▄▄▄▄███  ██  ██  ███▄▄▄▄▄▄▄▄▄▄▄▄
 ██████████████████████████████████████████
▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄
█  ▄▀▄             █▀▀█▀▄▄
█  █▀█             █  ▐  ▐▌
█       ▄██▄       █  ▌  █
█     ▄██████▄     █  ▌ ▐▌
█    ██████████    █ ▐  █
█   ▐██████████▌   █ ▐ ▐▌
█    ▀▀██████▀▀    █ ▌ █
█     ▄▄▄██▄▄▄     █ ▌▐▌
█                  █▐ █
█                  █▐▐▌
█                  █▐█
▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█
▄▄█████████▄▄
▄██▀▀▀▀█████▀▀▀▀██▄
▄█▀       ▐█▌       ▀█▄
██         ▐█▌         ██
████▄     ▄█████▄     ▄████
████████▄███████████▄████████
███▀    █████████████    ▀███
██       ███████████       ██
▀█▄       █████████       ▄█▀
▀█▄    ▄██▀▀▀▀▀▀▀██▄  ▄▄▄█▀
▀███████         ███████▀
▀█████▄       ▄█████▀
▀▀▀███▄▄▄███▀▀▀
..PLAY NOW..
Impaler
Sr. Member
****
Offline Offline

Activity: 826
Merit: 250

CryptoTalk.Org - Get Paid for every Post!


View Profile
September 22, 2019, 10:42:00 PM
 #353

I think so. I am a old user of usdt and for me its working fine. I am using usdt from late 2017 and in never face any issues. But at a pint there were some  news about thether that they are not backed up properly. So people are bit of scared and many of them started to out form the usdt and shifted to coin like tusd and Gemini. But still usdt is the oist used stable coin in the market and just working fin as you see. So I think its safe. You can easily go with usdt there is no pwile

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
CryptoTalk.org| 
MAKE POSTS AND EARN BTC!
🏆
Annisa_crypto
Member
**
Offline Offline

Activity: 128
Merit: 13


View Profile
September 23, 2019, 11:41:18 AM
 #354

Yes, USDT is still widely used by many people. We can buy tether with btc.

Burogh
Member
**
Offline Offline

Activity: 644
Merit: 10

COVIR.IO


View Profile
September 23, 2019, 12:10:40 PM
 #355

I think so. I am a old user of usdt and for me its working fine. I am using usdt from late 2017 and in never face any issues. But at a pint there were some  news about thether that they are not backed up properly. So people are bit of scared and many of them started to out form the usdt and shifted to coin like tusd and Gemini. But still usdt is the oist used stable coin in the market and just working fin as you see. So I think its safe. You can easily go with usdt there is no pwile

Many people are afraid that if it is not backed up but if it is not backed up then the big exchanger will not trade it. Large exchangers will definitely verify this and in my opinion tether is still safe to use

benycoin
Newbie
*
Offline Offline

Activity: 14
Merit: 0


View Profile
September 23, 2019, 01:48:32 PM
 #356

Nowadays i am very confused about that usdt, it become terrible about more than blockchain, i stopped to use it.
esofelap
Jr. Member
*
Offline Offline

Activity: 182
Merit: 1


View Profile
September 23, 2019, 05:19:54 PM
 #357

Nowadays i am very confused about that usdt, it become terrible about more than blockchain, i stopped to use it.
If you want to buy btc, you can do it with usd or tether, but I don’t understand for what reason people buying usdt and hold it.

MINTER - WE MINT COINS AND CREATE THE INTERNET OF MONEY
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
https://www.minter.networ
Vishnu.Reang
Sr. Member
****
Offline Offline

Activity: 1988
Merit: 453



View Profile WWW
September 23, 2019, 05:27:04 PM
 #358

Nowadays i am very confused about that usdt, it become terrible about more than blockchain, i stopped to use it.
If you want to buy btc, you can do it with usd or tether, but I don’t understand for what reason people buying usdt and hold it.

Holding USDT is having the same risk as holding your cryptocurrency in an exchange wallet. In case of the second option, your coins are being held by the exchanges and they can get hacked, or the owners may vanish with your coins at anytime. On the other hand, if you hold USDT then you are holding the tokens by yourself. But these tokens can become worthless, as their real value is being held by the individuals who store the backup for Tether tokens.
martina14
Full Member
***
Offline Offline

Activity: 1190
Merit: 111



View Profile
September 23, 2019, 06:29:56 PM
 #359

This USDT is safe but most whales in the cryptocurrency says that USDT is a resting place and you dont need to stay there long.
Which means if you want to get off yout ETH and BTC you will just go to USDT which is safe and not moving.
But the rest your belonging there too long.

Impaler
Sr. Member
****
Offline Offline

Activity: 826
Merit: 250

CryptoTalk.Org - Get Paid for every Post!


View Profile
September 23, 2019, 10:39:54 PM
 #360

I think at this moment usdt is safe. I used usdt for a long time and I never faced a problem with a problem with it. But at a time usdt has a problem. There is a news about usdt that usdt doing something wrong. There is news about usdt that they are printing unusual. And that point many  people don't like ustf. And at this time many stable coin comes up. But I think still usdt is fine for use.

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
CryptoTalk.org| 
MAKE POSTS AND EARN BTC!
🏆
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 [18] 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 »
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!