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Author Topic: my conclusion about Tether  (Read 325 times)
Baimovic (OP)
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August 14, 2018, 04:06:29 PM
 #1

when the market bearish, and all the altcoins fall, even the crypto king also falls, there is a coin that catches my attention, that coin is Tether. the value cannot be affected by the correction.

Tether is an altcoin that has a lot of mysteries, when it was first released to the market, tether coin used for alternative reserves that replaced USD in trading activities in several exchanges.

the Tether inc company claims that Tether is backed up by USD, and every Tether has the same value of USD
1: 1. but something makes me doubt is that there is no official agreement between Tether and USD. the meaning has no legality value between Tether and USD.

today I have seen Tether on the market, and its value is stable, and has the same value with USD.

finally, I believe that Tether is USD and USD is Tether.

coinscircle
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August 14, 2018, 04:11:36 PM
 #2

when the market bearish, and all the altcoins fall, even the crypto king also falls, there is a coin that catches my attention, that coin is Tether. the value cannot be affected by the correction.

Tether is an altcoin that has a lot of mysteries, when it was first released to the market, tether coin used for alternative reserves that replaced USD in trading activities in several exchanges.

the Tether inc company claims that Tether is backed up by USD, and every Tether has the same value of USD
1: 1. but something makes me doubt is that there is no official agreement between Tether and USD. the meaning has no legality value between Tether and USD.

today I have seen Tether on the market, and its value is stable, and has the same value with USD.

finally, I believe that Tether is USD and USD is Tether.
I believe that at this point you should not accumulate tether store but move to TUSDT hoarding, you can see that the market is fluctuating continuously because USDT is showing signs of inflation while continually printing USDT , so sooner or later the price of USDT will also lose value and will be lobbied countries to adjust and adjust.
Baimovic (OP)
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August 14, 2018, 04:36:28 PM
 #3

when the market bearish, and all the altcoins fall, even the crypto king also falls, there is a coin that catches my attention, that coin is Tether. the value cannot be affected by the correction.

Tether is an altcoin that has a lot of mysteries, when it was first released to the market, tether coin used for alternative reserves that replaced USD in trading activities in several exchanges.

the Tether inc company claims that Tether is backed up by USD, and every Tether has the same value of USD
1: 1. but something makes me doubt is that there is no official agreement between Tether and USD. the meaning has no legality value between Tether and USD.

today I have seen Tether on the market, and its value is stable, and has the same value with USD.

finally, I believe that Tether is USD and USD is Tether.
I believe that at this point you should not accumulate tether store but move to TUSDT hoarding, you can see that the market is fluctuating continuously because USDT is showing signs of inflation while continually printing USDT , so sooner or later the price of USDT will also lose value and will be lobbied countries to adjust and adjust.
Tether doesn't follow crypto fluctuations, but Tether follows USD fluctuations, and until today, USD fluctuations development is very good.

we must to wait for the factors that can make the USD fall, maybe the geopolitical factors that will influence it.

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August 14, 2018, 04:40:37 PM
 #4

Tether seems to be working well especially right now as we are in a multi-month bear market, whereas a lot of people are most likely putting up their investments in to tether to protect themselves from the volatility. The thing is, sure they've claimed that every USDT is backed by actual USD, but there still haven't been proof of this(as far as I know) even though a few big names in the cryptocurrency space are saying that USDT is indeed backed. The people still want to see an audit or something.

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maloibtc
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August 14, 2018, 05:04:04 PM
 #5

Thanks for sharing useful information, I will consider getting this coin. Now, I am still holding coins like ether and btc because I consider them profitable with a good potential and think they will rise in price
Katewind
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August 14, 2018, 05:09:31 PM
 #6

That's right. Only USDT (Tether) is the most stable in this crypto market and now there are many investors holding usdt as a safe asset .
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August 14, 2018, 05:13:05 PM
 #7

Thanks for sharing useful information, I will consider getting this coin. Now, I am still holding coins like ether and btc because I consider them profitable with a good potential and think they will rise in price

You must do a search about stable coins  Smiley not all of them are really stable but most of... And soon we will  have even more such coins/tokens



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mk4
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August 15, 2018, 05:47:30 AM
 #8

That's right. Only USDT (Tether) is the most stable in this crypto market and now there are many investors holding usdt as a safe asset .

TUSD and DAI also exist. Some people say that using TUSD or DAI is even safer than holding USDT. I suggest taking a look on to both:

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Zin-Zang
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August 15, 2018, 06:40:33 AM
 #9

when the market bearish, and all the altcoins fall, even the crypto king also falls, there is a coin that catches my attention, that coin is Tether. the value cannot be affected by the correction.

Tether is an altcoin that has a lot of mysteries, when it was first released to the market, tether coin used for alternative reserves that replaced USD in trading activities in several exchanges.

the Tether inc company claims that Tether is backed up by USD, and every Tether has the same value of USD
1: 1. but something makes me doubt is that there is no official agreement between Tether and USD. the meaning has no legality value between Tether and USD.

today I have seen Tether on the market, and its value is stable, and has the same value with USD.

finally, I believe that Tether is USD and USD is Tether.


Tether is not the US Dollar!

The people behind Tether have never proved to an Legal Accounting Firm that they actually have enough US$ to match their tether.

Hell the assholes, just released another 50 million tether last week, and the fools believe them with no 3rd party verification that is accountable.

They are running a fractional reserve made possible by idiots that actually believe they are pegged to the US Dollar.
FYI: Their is no actual peg, just a bunch of morons buying the fractional reserve lies.

Worse part, when their shenanigans is finally made public and their asses are hauled off to jail, it is going to rock the bitcoin world like nothing you have ever seen.

Enjoy the tether kool aid while it lasts, because it is a bitcoin killer in the end.  Tongue



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August 15, 2018, 07:00:47 AM
 #10

you haven't talked about your reasons why you think it though.
yes tether is stable at $1 and yes it is being used a lot nowadays based on the trading volume that goes into it but at the end of the day it is a centralized altcoin, it is NOT USD.

and that means a high risk involved because it is centralized and if the company behind it starts acting weak or goes down then the price of this token will drop down to zero in a blinking of an eye just as fast as it went up. there is also restrictions in using it which makes it less than a real cryptocurrency.

Only Bitcoin
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August 15, 2018, 07:11:10 AM
 #11

when the market bearish, and all the altcoins fall, even the crypto king also falls, there is a coin that catches my attention, that coin is Tether. the value cannot be affected by the correction.

Tether is an altcoin that has a lot of mysteries, when it was first released to the market, tether coin used for alternative reserves that replaced USD in trading activities in several exchanges.

the Tether inc company claims that Tether is backed up by USD, and every Tether has the same value of USD
1: 1. but something makes me doubt is that there is no official agreement between Tether and USD. the meaning has no legality value between Tether and USD.

today I have seen Tether on the market, and its value is stable, and has the same value with USD.

finally, I believe that Tether is USD and USD is Tether.

Bitcoin generally always experiences very extreme fluctuations, so investors will exchange temporary USDT in order to avoid extreme fluctuations.
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August 18, 2018, 02:34:49 PM
 #12

It is the only stable coin that is in the market which is a reliable one. But there are others as well. Whether they are good or reliable, that is hard to speculate.
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August 18, 2018, 02:39:03 PM
 #13

USDT is a unique token because it doesn't follow the flow of cryptocurrency. Also it is a good thing because if you predict that the price of the token will go down you can actually convert first to USDT so that you wont be affected by the price drop. However the mystery about here is that how can usdt create so much token.
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August 18, 2018, 04:15:08 PM
 #14

Stable coins are something that defies all the characteristics of the crypto market. But we still do need it and it fits well with the situation of the current market. TETHER is a good option for it also.
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August 18, 2018, 06:21:31 PM
 #15

TETHER is a good stable coin. And if the investors want to play safe, it will be a good decision if they go for it.
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August 18, 2018, 06:32:53 PM
 #16

Some investors, yes, but some will find their advantages in this. It is best to continue your business, since time is above all criteria for a good profit. A great topic for someone who does not know much about it or wants to disassemble it in more detail. I think this is very useful information. Cheesy Cheesy Cheesy
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August 18, 2018, 06:36:24 PM
 #17

That's right. Only USDT (Tether) is the most stable in this crypto market and now there are many investors holding usdt as a safe asset .
Do not do that, Tether is necessary in this market since it allows you to move from cryptocurrencies to something similar to fiat in a very fast way but some months ago there were doubts about whether the veracity of the claims that one dollar was equal to one tether were true and while for the moment that seems to be the case you should not trust that is always going to be the case.

We are in thee market of cryptocurrencies to avoid centralization and to depend on the guarantees of a powerful central party is a mistake since most of the time those promises are false, so never hold tether more than a few days to minimize your exposure to a possible bankruptcy or fraud.

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August 18, 2018, 06:38:47 PM
 #18

I was to nervous to try Tether during the last market cycle.  Tether seems to be maintaining perfectly though through the ups and downs so next time I'm jumping in so I do no accumulate staggering losses like this time. 
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August 18, 2018, 07:38:42 PM
 #19

I've been researching that topic for a few days already but it is still too complicated for me to understand fully, but it looks like the attempt of government to take advantage over cryptocurrencies.
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August 18, 2018, 07:43:07 PM
 #20

I think we are forced to believe that tether is equal to isd, as we do not have other option as we see only usdt pair in big exchanges, regarding the suspicions that whether each tether is really backed by a usd, i think thorough third party audit should be performed and results should be posted for clarity and confirmation of the reality of tether.

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