Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Stable Coins Forum => USDT Forum => Topic started by: JasmineRose on October 03, 2018, 11:00:31 AM
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Hello guys, is it true tether stable coin, is tether price can jump such ethereum and other coin such litecoin, bitcoingold?
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Tether is a cryptocurrency that mirrors the value of the United States dollars it is dependent upon the valuation of the dollar hence it is linked to the US government to create a stable cryptocurrency environment it can be linked to ripple which is collaborating with many financial institutions unlike many of the capitalist detailed is the middle of all the cryptocurrency coin regulated by the United States government
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It’s very unlikely that the price of tether will compete with other coins in the market since it was created mainly to be equivalent with USD. Although there may be little rise or fall in its value, it wouldn’t be of much significance.
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Tether is a digital coin whose value is stable because it is rumored that this coin is a digital version of the dollar. So do not be surprised if the rise and fall of the price of the Tether is not too far away and more stable than other coins.
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Hello guys, is it true tether stable coin, is tether price can jump such ethereum and other coin such litecoin, bitcoingold?
I don't think if there's a stable coins because volatility is one of crypto currencies characteristics and even popular coins like bitcoin and ethereum are dropping so bad.
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yes it's true and the taste is stable, but I also strongly believe that someday the price can increase with the future.
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Yes, Tether is a stable coin whose price increase will not occur significantly. Tether prices are pegged from the dollar price which allows the price of this coin to be difficult to rise. Therefore, this coin is not suitable to be saved as an investment.
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Hello guys, is it true tether stable coin, is tether price can jump such ethereum and other coin such litecoin, bitcoingold?
Yes Tether is the most stable coin among all the cyptocurrencies. It only changes between 1-2 cent nothing more, and it good anyway.
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Indeed, Tether was created with the ambition to fix with USD value. And you can see the price of Tether is always slide around 1$, it’s also have movements but only 1-2 cents
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Yes its true the tether is a digital cions and it's very stable cions ..and were not surprised for the future version of dollars
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I think true other recently introduced stablecoins like gemin dollar and true USD are up1.85 percent and 4.96 percent respectively. Whatever the reason for the drop it seems safe to say that have likely rotated money out of USDT and into bitcoin and other stablecoins,
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A couple months ago after Bitfinex Tether scandal, Tether has lost their liquidation, investors have switch to other stable coin like gemini, pax for more security
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That's because, as demonstrated by researchers at the University of Texas this past June, Tether has likely been used to "provide price support and manipulate cryptocurrency prices."
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yeah the price is stable
it just like usd
u can check history price usdt it self
there is no such pumping or dumping price
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Indeed, Tether was created with the ambition to fix with USD value. And you can see the price of Tether is always slide around 1$, it’s also have movements but only 1-2 cents
Sure agreed. But for now many investors have changed to pax or gusd because Tether recently have some scandal at Bitfinex
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I think it is also important to note that some reports say Tether had cash reserves in a bank account in Puerto Rico and it was also blamed for BTC’s price manipulation last year.
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I think it is also important to note that some reports say Tether had cash reserves in a bank account in Puerto Rico and it was also blamed for BTC’s price manipulation last year.
Yup, there's a lot of gossip and rumors (with some facts) around Tether (and of course Bitfinex) regarding this one. Even Binance are listing a new stable coin in the middle of this Tether cracks and bearish market.
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Hello guys, is it true tether stable coin, is tether price can jump such ethereum and other coin such litecoin, bitcoingold?
It only needs some common sense to understand what does "stable" means, USDT or tether being a stable coin means the price
of this coin will be stable and not move from approximately one dollar and it will always be one dollar and no one should expect
that a stable coin could moon or something, a stable coin is a stable coin.
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Simply is 1 USDT = 1 USD fiat. So no moon no dump. No think volatile. a stable coin is a stable coin.
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Hello guys, is it true tether stable coin, is tether price can jump such ethereum and other coin such litecoin, bitcoingold?
For me an example of a stablecoin was Multitoken. Not Sure why tether is a stablecoin for you.
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Tether is a crypto currency that is under the U.S Dollar price control, to give a stable price in the crypto market/space. Tether does not fluctuate much in the market, because, the price of dollar in the real world controls it. It gives a stable crypto currency experience.
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Hello guys, is it true tether stable coin, is tether price can jump such ethereum and other coin such litecoin, bitcoingold?
USDT always a stable coin .Its a long bear market but USDT still not fall down from 0.99+.So that i can easily say that its a stable coin.
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Of course it is, it was created to reflect the price of crypto to fiat USD and won’t have much spread in comparison to USD. You can name it half fiat and half crypto
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If you jump over prices like Ethereum or BitcoinGOLD then you have to make sure that the Tether is not a stabi coin.
I see that a stable coin must be equivalent to USD, for example trueUSD or bitUSD.
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But there are still doubts about Tether in regards to whether it has some dollar-reserves for every digital asset. Tether also commanded a law firm to check its balances in June, but stated that the evaluation “should not be constructed as the result of an audit.”