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Author Topic: Tether vs True USD?  (Read 404 times)
dulinivanrus
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February 09, 2019, 03:19:49 PM
 #21

Personally, I use Tether when trading bitcoins on the stock exchange, but I don't like stable coins. I know that Tether likes to release new coins for personal use to buy bitcoins. It seems to me that this is wrong !

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February 09, 2019, 04:27:10 PM
 #22

Hello everyone, I'd like to know which of these two options is best to freeze my cryptos, which of these two recommend me? Based on your experiences, what is the best? thanks in advance  Cheesy

If you have only Bitcoin and want to freeze it to it's dollar value for a short time, I would recommend you to use Bitmex or Debitit contracts, shorting.
I'm not a fan of stable coins, but most non-problematic for me is USDC.

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February 09, 2019, 05:02:48 PM
 #23

I see that USDT has a more crowded team and community, this means that investors are more interested in this coin so I think USDT is more promising than theter
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February 10, 2019, 10:39:14 AM
 #24

I don't trust this two but if I should pick one of them, It would be definitely Tether. Tether is first of its kind. And it was usefull for bear market.

After USDT one by one many coins has came. TUSD, PAX, Gemini USDC... Why we need that? Tether was enough.
No, we need more stablecoin in this market to make the market more competitive and make it more stable. Just like we were too dependent on USDT and its price was easily
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February 10, 2019, 11:29:15 AM
 #25

Hello everyone, I'd like to know which of these two options is best to freeze my cryptos, which of these two recommend me? Based on your experiences, what is the best? thanks in advance  Cheesy
It depends on you, but if what is more secured for me, I will choose to use usd or fiat to stop my cryptocurrencies from losing value in a bearish market, though I have been using tether for trading in some cases. If you choose it to stop your cryptocurrency from losing value and use exchange or online wallets to store it then you have to rely on exchanges the security of your coins which is of course very risky especially if you have plans to have your funds in tether for a long time. But of course you can secure it by your own. So for me, for short term tether and fiat if you don't actively trading cryptocurrencies or waiting for good timing to enter the market again.
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February 10, 2019, 11:58:29 AM
 #26

I don't use stable coins but whatever you use to them, they're both fine. You may want to consider other stable coins too.

  • USDC
  • GUSD

GUSD has some problems atm:
https://www.coindesk.com/winklevoss-crypto-gemini-gusd-stablecoin-redemption
https://www.fxstreet.com/cryptocurrencies/news/gemini-punishes-otc-trading-desks-for-gusd-redemption-201902081137

It could be dangerous to keep large amounts of GUSD because of that. In contrast of GUSD, USDC looks pretty nice at the moment. But still we all should keep in mind the investor's golden rule.

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February 10, 2019, 12:12:39 PM
 #27

I think Tether is the best, because all this time the price is always stable and you can take advantage of every reflection calmly without fear of losing a lot

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February 10, 2019, 12:13:22 PM
 #28

I don't trust this two but if I should pick one of them, It would be definitely Tether. Tether is first of its kind. And it was usefull for bear market.

After USDT one by one many coins has came. TUSD, PAX, Gemini USDC... Why we need that? Tether was enough.
No, we need more stablecoin in this market to make the market more competitive and make it more stable. Just like we were too dependent on USDT and its price was easily

Same thoughts about Tether, but I disagree with you about the rest part about stablecoins. To me we need as many stablecoins as possible for diversification. We can't be sure at any of them, so it would be reasonable to have them all to reduce risks.

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February 10, 2019, 12:17:41 PM
 #29

Hello everyone, I'd like to know which of these two options is best to freeze my cryptos, which of these two recommend me? Based on your experiences, what is the best? thanks in advance  Cheesy

Currently Tether is still a better choice because it is popular on almost all exchanges. And most OTCs allow them to sell cash. So you should choose USDT
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February 10, 2019, 12:27:33 PM
 #30

To my mind tether is better than true usd simply because there is more trust and entire crypto system was created with tusd.
 That's the best stable coin ever! Don't miss it!
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February 10, 2019, 12:30:27 PM
 #31

Paxos is the best one, they claim to be first regulated and audited stable coin on the market. They have nice support from Binance - zero trading fees offers and many more!

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February 10, 2019, 12:33:54 PM
 #32

In the real world today there are a large number of people who are beginning to doubt that the projects of stable Coins generally make sense. Think what it is? This is after all the implementation of fiat money into digital assets. Why sell BTC today for candy wrappers that cost nothing?
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February 10, 2019, 05:28:10 PM
 #33

This two coin is for frozen your invest, here I like Tether old and experience. You should check supply this two coin and also those trading volume.
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February 10, 2019, 05:34:26 PM
 #34

Hello everyone, I'd like to know which of these two options is best to freeze my cryptos, which of these two recommend me? Based on your experiences, what is the best? thanks in advance  Cheesy
I use for a long time already usdt and I have never had a claim to this coin as it is very common on exchanges that is much more convenient, still would have allocated usdc he was audited in the United States

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February 10, 2019, 05:36:07 PM
 #35

Tether (USDT) is the best in the people commendation and i think almost holder trustworthy if you can check USDT volume. In every exchange high volume is Tether pair with other coin. But i think if you have to need freeze small amount than try TUSD.
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February 10, 2019, 05:40:28 PM
 #36

Choose both because they have the same system (centralized system) unless you give other choices that are truly pure have a decentralized system like bitcoin, surely I prefer to choose bitcoin than the two tokens.

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February 10, 2019, 05:44:09 PM
 #37

Tether (USDT) is the best in the people commendation and i think almost holder trustworthy if you can check USDT volume. In every exchange high volume is Tether pair with other coin. But i think if you have to need freeze small amount than try TUSD.
A lot of investigation had been done on the project's account and team, and was found worthy and credible. It has the longest track record of stable coin. I am also thinking of making a better use of the coin in the future.

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February 11, 2019, 12:02:55 PM
 #38

I don't use stable coins but whatever you use to them, they're both fine. You may want to consider other stable coins too.

  • USDC
  • GUSD

GUSD has some problems atm:
https://www.coindesk.com/winklevoss-crypto-gemini-gusd-stablecoin-redemption
https://www.fxstreet.com/cryptocurrencies/news/gemini-punishes-otc-trading-desks-for-gusd-redemption-201902081137

It could be dangerous to keep large amounts of GUSD because of that. In contrast of GUSD, USDC looks pretty nice at the moment. But still we all should keep in mind the investor's golden rule.
Hey thanks for the heads up!

I'm not aware of that so with that kind of news, I'll remove GUSD for the meanwhile and use a better stable coin if someone would convert their crypto into stable ones.



 

 

 

 

 

 


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February 11, 2019, 12:16:04 PM
 #39

This two coin is for frozen your invest, here I like Tether old and experience. You should check supply this two coin and also those trading volume.
That is why they were created - to be stable when market is crashing. You can easily sell your coins for stable coins, after market situation changes, then buy more cheap cryptocurrencies Wink.

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February 11, 2019, 12:24:16 PM
 #40

To be honest, I have not used True USD before, I have been hearing if it quite alright but I have never used it, Tether is the one I have used and I can recommend it to you anyday, anytime.
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