Will Tether crash to $0?

[usekevin]

Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?

When the price down to zero,many will get into the poor status.Because most traders will hold at usdt,when the market get into the dump market.Nearly 90 percent of people will sell and make into usdt instead of hold the same coin to crashed and get into loss.Tether are blessing coin to most of the traders.

[1714630737]

1714630737

[1714630737]

1714630737

[1714630737]

1714630737

[1714630737]

1714630737

[nomenclatur]

Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?

Tether is unlikely to crash to the price of $0 if it crashes then investors will think that stable coins can no longer be trusted because the oldest stable coins are tethers which have great appeal because their value is very strong, many believe in tethers until now. the strength of high trust by investors to this day Tether is still the main choice that makes its value very meaningful and it is very useful not easy to waver in price.

[ivankoh]

I think every type of crypto is likely to be zero, not excluding any of Tether's immutability.  With any prolonged decline in depth there could be a higher risk of Tether's risk going back to zero.  Coupled with pressure from the government on CBDCs, they could shake the value of controlling Tether further reducing its chances.  Holding bitcoin will be a significant opportunity.
I will invest in the expansion stablecoin decentralized to support the Defi, which is the tendency to reduce dependence on Tether

[Rampagoe004]

For tether I don't think it will drop to $0 let alone the coin has been relied on as a stablecoin, so the decline that occurred is not too far from the price that has been set, and currently there are still many stablecoins that can be guaranteed security such as DAI, and BUSD so that it has been used in large markets then never hesitate with stablecoins because asset storage is safe, and tether is already used in large companies so it's all the more convincing.

[$anounimus$]

I am not sure what you are trying to convey here. Tether does not know about Tether  . What does eating and showering and healthy mind has to do with what Tether is pegged .

It's just an analogy and maybe the OP isn't feeling well again saying about Tether which has never had a problem, even I who use Tether often don't think that Tether will be $0, because Tether itself is a stablecoin that has a very good rating in cryptocurrency space, then how did he become 0

[v3liana]

If USDT collapses, it will bring down the whole crypto world with it as there are just too many USDT LPs. I personally keeps away from USDT. Busd and usdc are my fav but they are not capital efficient and have scalability issue. Hope to see a good working fractional algo stable in the coming future.

[Shasha80]

For tether I don't think it will drop to $0 let alone the coin has been relied on as a stablecoin, so the decline that occurred is not too far from the price that has been set, and currently there are still many stablecoins that can be guaranteed security such as DAI, and BUSD so that it has been used in large markets then never hesitate with stablecoins because asset storage is safe, and tether is already used in large companies so it's all the more convincing.

In a highly volatile crypto market it is necessary to have stablecoins, therefore the demand for Tether is quite high if we look at the data on
coinmarketcap. So it's almost impossible for us to see the price of Tether fall to $0, because Tether and other stablecoins have proven to be able
to save our capital if the market suddenly crashes. I often trade crypto using Tether pairing, so that the profits I make can be safe and avoid
the volatile crypto market.

[aylabadia05]

As long as there are transactions, I think it's still safe, especially altcoins like Tether. The problem of falling prices could occur due to several factors. You can see how the Trading Volume of the Tether coin today increased by 2.6% so you can know whether it is safe or not to keep funds.

[rodskee]

Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?

This must be the funniest thread ever created (Aside from joking thread) .

Stable coin to become zero value? how can this be happen , you should have at least tell us some things on your mind why this may come.

backed up by dollars? meaning dollar will go down to zero also ?

As long as there are transactions, I think it's still safe, especially altcoins like Tether. The problem of falling prices could occur due to several factors. You can see how the Trading Volume of the Tether coin today increased by 2.6% so you can know whether it is safe or not to keep funds.

Lol even there are no trading volume for this coin still volatility will never come because that is the power of being stable coin.

[ajochems]

Speculation is totally wrong one. Because  Tether had huge amount of investors with huge capacity. Only demand of the people who converting their fiat to the stable crypto is usdt. They won't lose for cent percentage and surely get some minimum profit of 1-2 percentage by just holding it.

[ene1980]

~
This must be the funniest thread ever created (Aside from joking thread) .
Stable coin to become zero value? how can this be happen , you should have at least tell us some things on your mind why this may come.
backed up by dollars? meaning dollar will go down to zero also ?

If the cryptocurrency is really pegged to the US dollar then everyone should be able to verify that or you need to have an audit report. Have you seen the audit report from an authorized agency about Tether that they are backing atleast 20% of their coins in US dollars. If you have that clarity then we can say that it will last the test of time. But that is not the reality as there is nothing transparent when i checked and i am not sure whether they changed everything because they have a legal proceeding in court in the coming months.

[lenovop-70]

Even though tether's growth is currently stunted, I don't think tether will crash to $0 for a long time, because this altcoin has a chance to survive and grow better in the future, currently tether is still in the top 10 CMC, and that is proof that tether is one of the best altcoins to invest.

You were right, and i am do agree with your opinion, Tether is stable coin wich is did not have ability to increase or decrease sharply, and as we know Tether is favourite trading pair besides BTC and ETH, so he will long last as cryptocurrencies grown in the next day.

[rodskee]

~
This must be the funniest thread ever created (Aside from joking thread) .
Stable coin to become zero value? how can this be happen , you should have at least tell us some things on your mind why this may come.
backed up by dollars? meaning dollar will go down to zero also ?

If the cryptocurrency is really pegged to the US dollar then everyone should be able to verify that or you need to have an audit report. Have you seen the audit report from an authorized agency about Tether that they are backing atleast 20% of their coins in US dollars. If you have that clarity then we can say that it will last the test of time. But that is not the reality as there is nothing transparent when i checked and i am not sure whether they changed everything because they have a legal proceeding in court in the coming months.

They will have legal proceeding ? on what basis ? and what have you checked ? about their transparency ? sorry but you post is limited best to put links on what are you talking about  here because there is no clarity in your post thanks.

Speculation is totally wrong one. Because  Tether had huge amount of investors with huge capacity. Only demand of the people who converting their fiat to the stable crypto is usdt. They won't lose for cent percentage and surely get some minimum profit of 1-2 percentage by just holding it.

wait , 1-2% profit just by holding tether? this is a stable coin so how come that there will be an increase if you are holding the coin.

[mindrust]

Speculation is totally wrong one. Because  Tether had huge amount of investors with huge capacity. Only demand of the people who converting their fiat to the stable crypto is usdt. They won't lose for cent percentage and surely get some minimum profit of 1-2 percentage by just holding it.

wait , 1-2% profit just by holding tether? this is a stable coin so how come that there will be an increase if you are holding the coin.

This is the magic of crypto. Welcome to the future. In the world of crypto, anything is possible.

Last time I checked, Binance was rewarding you handsomely for holding tether. The rate was like 6% or 7% annually.

Where do they find the money? Don't ask me, I am not that smart.

[Xinarae*]

Speculation is totally wrong one. Because  Tether had huge amount of investors with huge capacity. Only demand of the people who converting their fiat to the stable crypto is usdt. They won't lose for cent percentage and surely get some minimum profit of 1-2 percentage by just holding it.

Tether is a stable currency with the rise in the price of bitcoin and ethereum, the demand for tether has dropped so much that the tether key will crash at $ 0. But don't get lost in the market there is a long way to go before investing in altcoin can be good. If the demand increases the price will increase.

[arifteguhr]

You were right, and i am do agree with your opinion, Tether is stable coin wich is did not have ability to increase or decrease sharply, and as we know Tether is favourite trading pair besides BTC and ETH, so he will long last as cryptocurrencies grown in the next day.

Tether will never grow as long as the value of the USD fiat currency does not grow, because the value of Tether is always equated with the value of fiat USD in general, so that is what makes Tether called a stable coin that will last a long time in cryptocurrency.

[South Park]

Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?

We are not in 2017 and we are now in 2021. We should think about smartly. It won't be happened with tether because it is one of the popular and most establish. I think it is safe to hold funds on tether.

Just because it has not happened yet we cannot really say that it is never going to happen in the future, this is flawed thinking, is true that USDT has been a coin that has performed up to the expectations of the market but that doesn't mean that this is going to keep being the case forever, and we have evidence of this being the case with thousands of coins that many people thought will skyrocket and make them rich only for the opposite to happen, so you need to always be ready to get rid of any coin no matter how stable it may seem.

[Samurai trieng]

I don't believe if tether crashes to $0, because in my opinion this altcoin has great potential even though its current growth is very slow, but the movement of this altcoin is very stable, rising not too high and falling not too flashy, very suitable as a long-term investment.

[litepool.ru]

Back in 2017, the topic of stablecoins like Tether completely crashing to $0. Is Tether still safe to hold your funds on?

There's no reason for me to think USDT is $0, because it's already defaulted to value. Many may argue that it is insecure and lacks transparency, but those are just small comments for the value it has brought in the market.

[domoy77]

I don't believe if tether crashes to $0, because in my opinion this altcoin has great potential even though its current growth is very slow, but the movement of this altcoin is very stable, rising not too high and falling not too flashy, very suitable as a long-term investment.

Hehe sometimes I laugh reading your statement , it seems you don't know what Tether is, Ok, let me explain a little about this that Tether is a stable coin whose security to use it is very large and also very strong because of the large number of pairs with Altcoins, so potentially it it's fixed and won't experience growth on the price side because it's a stablecoin, so its ups and downs only occur in very low percentage sizes, so I think this is very clear for you to understand.