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Author Topic: Tether USD, BIG SCAM OR JUST A FUD.  (Read 374 times)
minhnguyenqh8395 (OP)
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October 16, 2018, 01:21:42 AM
 #1

Yerterday was crazy. we have seen BTC and many altcoin increase more than 15% in trading pair with USDT.
Do you think tether is scam, guys?
sofmyhad
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October 17, 2018, 08:41:31 AM
 #2

Many people are sure that it is a scam but I don't think so. This one is very promising and now it shows very nice results in its increasing and growing.
TobiasVR
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October 17, 2018, 08:46:00 AM
 #3

it's not fraud, but usdt remains in the best condition in exchanging transactions with other coins such as btc or other coins. maybe that is the best sign for another coin to rise when it is used as a transaction with tether usdt.
sufferer123
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October 17, 2018, 08:46:53 AM
 #4

Of course  USDT is not scam. We are only in a period when large firms are able to see the profits in Tether, extract their own products that may be equivalent to them, and then manipulate the market so that their products can be sought after.

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October 17, 2018, 09:17:06 AM
 #5

It could be a scam so much. I haven't seen promising list of its advantages and I don't trust it. Tether is very unpredictable that could be a sign for the going down.

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LickKing
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October 17, 2018, 09:20:49 AM
 #6

The USDT is not issued by the US government. It's not a legal currency, so if you think this is a scam, then this is a scam. I personally think that this good coin, this decline is because someone deliberately does this, the price of BTC and ETH can be so severely reduced, so why is the USDT10% fluctuation unacceptable? And the price was quickly fixed after the incident, and it didn't crash.

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October 17, 2018, 09:23:12 AM
 #7

This is not the growth of the entire market was just a bear trap. There are a lot of negative news around this coin, but so far it is still alive. I do not know what will happen in the future with her as they say time will tell. Theoretically, it can die if it is delisted from all the exchanges in which it is. Well, hopefully this will not happen and believe in a bright future.
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October 17, 2018, 09:24:29 AM
 #8

For the moment Tether looks more like a scam as its value is being manipulated. But last year, Tether was also down for some days. It doesn't mean that it will disappear. For the moment, it is helping Bitcoin and altcoins gain more value.
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October 17, 2018, 09:25:06 AM
 #9

The USDT is not issued by the US government. It's not a legal currency, so if you think this is a scam, then this is a scam. I personally think that this good coin, this decline is because someone deliberately does this, the price of BTC and ETH can be so severely reduced, so why is the USDT10% fluctuation unacceptable? And the price was quickly fixed after the incident, and it didn't crash.
USDT holders are believing in 1 USDT backed by 1 USD but this case is unclear. The result of USDT audit doesn't make sense at all and where do you know that such a company with its stable coin can earn a lot of revenue to create more and more USDT to be distributed to the crypto market? does it make sense for you?

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October 17, 2018, 09:26:59 AM
 #10

Yerterday was crazy. we have seen BTC and many altcoin increase more than 15% in trading pair with USDT.
Do you think tether is scam, guys?

I always confuse with theter, this coin are same value with usd, so  developer having huge profit.
because theter is not usd. but theter having value usd

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Yaupgitda
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October 17, 2018, 09:29:08 AM
 #11

It's a difficult question. There are several points of view. Maybe speculators wanted to buy cheaper USDT, perhaps their goal was to pump the price of bitcoin and lock in  profits. It is difficult to understand what is the correct option. It is clear only that while it is better to get out of Tether, until the situation clears up.
enhu
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October 17, 2018, 09:32:31 AM
 #12


USDT helps you being a trader not to lose the amount of money you got while you keep the usdt ready to buy whichever coin you think will be pumped. It helps your trading strategy. Whether you think of it being scam or not, USDT will stay just as the newer GUSD and the TUSD are going to be doing in the market. There are 3 of them now.

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Crypto Girl
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October 17, 2018, 10:18:25 AM
 #13


USDT helps you being a trader not to lose the amount of money you got while you keep the usdt ready to buy whichever coin you think will be pumped. It helps your trading strategy. Whether you think of it being scam or not, USDT will stay just as the newer GUSD and the TUSD are going to be doing in the market. There are 3 of them now.
And that's true that's why usdt is our saver from losses and taking profit.
However, the sudden change of its value made people think. Like of course usdt is equal to the value of usd since they say it's backed by it, so how come the value decrease from $1 to $0.9? I'm not an expert here so hopefully anyone knowledgeable can clear this.


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October 17, 2018, 10:36:51 AM
 #14

Fraud is out of the question. It can only mean that USDT has been manipulated. The rumours were explained later. But I think USDT is likely to receive a crisis of confidence. The status of USDT has been threatened.



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Ingrid Bailey
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October 18, 2018, 03:18:07 AM
 #15

It is difficult to say exactly if tether is a scam or not. A lot people believe tether to be a scam and they have good reason behind it. The chararcteristics of tether lead people to doubt about it.
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October 18, 2018, 11:32:06 AM
 #16

I don't think that tether is a scam. BTC and many more altcoins increase more than 15% in trading pair. Tether is also increasing in trading pair. So it's not a scam I guess.
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October 18, 2018, 11:35:04 AM
 #17

Despite all the negetive news about USTD and the rumours of its being scam, USTD is doing good. I think it has potential even after the panic selloff. It did a good job recovering.
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October 18, 2018, 04:37:36 PM
 #18

Yerterday was crazy. we have seen BTC and many altcoin increase more than 15% in trading pair with USDT.
Do you think tether is scam, guys?
SCAM???
what are you guys thinking?!?!
I bought as much as possible when USDT go that far. and easily take 5% profit overall.
even USDT is a scam, it's too important to gone that fast!
and I don't think it would gone too.
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October 18, 2018, 04:46:02 PM
 #19

I dont think that. I think that is fud as always. Surely tether have something shady. But  I believe they can handle that and we dont need to afraid about tether. You know Investors really afraiding of anything after that huge bear market so they can react more powerful when they hear some fuds.

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October 18, 2018, 04:47:51 PM
 #20

It seems to me that the USDT project was probably one of the most normal situations where it was really possible to fix your deposit in order to save everything accumulated from the last wave.
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