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Author Topic: Will Tether die soon or it will survive?  (Read 413 times)
GreenProfit (OP)
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May 13, 2019, 12:04:29 PM
 #1

Hi there I want know what people think about this question.I heard that Tether creator stoled a lot of Tether or cheated somebody dont know full story and that this will dump Tether price very soon  Huh Huh
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May 13, 2019, 12:10:26 PM
 #2

This what happened about tether few years ago.
https://cointelegraph.com/news/tether-mints-250-mln-of-new-usdt-tokens-rekindles-controversy

As long as there will be users and buyers of tether, I think they will retain their position in the market no matter what issue they had right now.
I don't buy tether and don't use stable coins but I saw one stable coin that has been dumped badly.
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May 13, 2019, 12:18:33 PM
 #3

Hi there I want know what people think about this question.I heard that Tether creator stoled a lot of Tether or cheated somebody dont know full story and that this will dump Tether price very soon  Huh Huh

How many different rumors have there been about Tether? I've already lost count. There is a feeling that this is done in order to manipulate the market and buy crypto currency when bad news about Tether comes out.


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May 13, 2019, 12:23:14 PM
 #4

I've been hearing rumors about Tether and it's fake fiat reserve since 2017 and it still exists.
As long as Bitfinex exists,USDT will continue to exist.It's a totally pointless cryptocurrency,if you ask me.
Stablecoins are a time bomb.

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May 13, 2019, 12:29:11 PM
 #5

Tether is basically printing U$. Nobody knows if Tether will blow up or continue to be accepted in exchanges.

They already know that Tether is only 74% funded. That is 26% of the U$ in Tether simply don't exist. How can it retain U$ 1 valuation? Nobody knows.

There is speculation the Tether is backed in Bitcoin, not in U$.

US authorities are going to crack down hard on this because if USDT oughta maintain 1:1 parity with the dollar, then they have to show the money. Gotta be 100% funded, not just a smaller fraction.

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May 13, 2019, 12:30:59 PM
 #6

I don't think tether will die if bitfinex continue to live, they live together and they die together.

Still, it can lose value, instead worth 1$, it can drop.

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May 13, 2019, 12:45:27 PM
 #7

Tether story is no longer news its an old event now and tether is still doing OK despite the set back, I believe as long as the coin is active on the exchange that is buying and selling of the coin it will still do well no matter what have happen to it through the CEO.
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May 13, 2019, 12:49:29 PM
 #8

Hi there I want know what people think about this question.I heard that Tether creator stoled a lot of Tether or cheated somebody dont know full story and that this will dump Tether price very soon  Huh Huh
Tether is not a coin to hold for long term so if you are not sure about its future then better convert it into decentralized crypto currency where you have no chance to ump the price from creator of that crypto.

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May 13, 2019, 01:21:18 PM
 #9

Hi there I want know what people think about this question.I heard that Tether creator stoled a lot of Tether or cheated somebody dont know full story and that this will dump Tether price very soon  Huh Huh

Why do you ask such questions: "I heard something somewhere, that someone said something about something?" What answer do you expect to get for such a question?
I have this answer: with Tether everything is fine, it is traded on exchanges, it costs 1 dollar. Would that answer suit you?
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May 13, 2019, 01:27:27 PM
 #10

When people feel panic in the market, they evacuate to tether. I think the presence of tether was an important factor in the price of Bitcoin. So I'm nervous about the presence of stable coins in the market.
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May 13, 2019, 01:28:37 PM
 #11

Due to the prevailing volatility in the crypto market, a crypto-equivalent of USD is needed. Right now we have several options such as Tether and TrueUSD and out of them Tether is having the largest market cap. But the Bitfinex scandal has seen some of the users dumping their USDT holdings. Its reputation has been tarnished. And we all know what will happen to a cryptocurrency, if its reputation is damaged.
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May 13, 2019, 02:23:16 PM
 #12

Really don't know, maybe will survive but i think they need to be more transparent and show proofs they have backed up by real money all there coins. Or i'm wrong?
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May 13, 2019, 02:47:18 PM
 #13

We can't tell its end because its price is stable and it is hard to tell whether it could be a next one to do an exit scam along with the famous coins. I hope it would be not one of them since tether is the safest place for me if I'm undecided on what altcoin should I buy.
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May 13, 2019, 06:37:36 PM
 #14

With the uncertainty around tether and having other alternatives, I'm surprised there still are people holding this coin. Anyway, now the market is changing, I guess people will lose interest in stablecoins soon.
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May 13, 2019, 06:46:22 PM
 #15

This what happened about tether few years ago.
https://cointelegraph.com/news/tether-mints-250-mln-of-new-usdt-tokens-rekindles-controversy

As long as there will be users and buyers of tether, I think they will retain their position in the market no matter what issue they had right now.
I don't buy tether and don't use stable coins but I saw one stable coin that has been dumped badly.

yes you are right, as long as there are still people holding it. even shitcoin will never die. it will last in the future, even though it will only be dumping.
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May 13, 2019, 06:50:54 PM
 #16

I don't think tether will die. he has become the biggest stable coin at the moment. and it's hard for a coin like that to die, even in the future. despite the many negative rumors about this coin, there are still many people who believe and become its holders. being dead will be very difficult, especially the price does not experience a large decline.

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May 13, 2019, 06:57:27 PM
 #17

Hi there I want know what people think about this question.I heard that Tether creator stoled a lot of Tether or cheated somebody dont know full story and that this will dump Tether price very soon  Huh Huh
this story might just be a pure FUD from the whales trying to manipulate the price of bitcoin due to the fact that they have see that the price is soaring high,  Tether cannot die irrespective of the FUD behind it

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May 13, 2019, 06:57:48 PM
 #18

Tether is the most popular stabilization coin. I don't think that after the story with Binance Tether will cease to exist. Whales want people to buy tokens, and not keep them in Tether.

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May 13, 2019, 07:02:15 PM
 #19

Now cryptocurrency has set its sights on growth.  And all the coins were pulled up.  This is a very good start for all coins.  And especially for such promising as Tether.
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May 13, 2019, 07:14:45 PM
 #20

Talking about tether we can be sure that it will die along with a bitfinex . This exchange has printed a huge amount of usdt and every year it has problems with financial audit because of this, but until the regulatory authorities take it seriously, it will continue to do business. I think in the near future tether still will be present on the crypto market
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