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Author Topic: Is Tether a Fraud?  (Read 7609 times)

Offline Friendlyhorse

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Is Tether a Fraud?
« on: June 04, 2018, 06:06:03 PM »
As we know Tether is getting pumped from time to time. Do you think it will be a fraud at some point? If yes , than why  ?

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Is Tether a Fraud?
« on: June 04, 2018, 06:06:03 PM »

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Offline microtek

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Re: Is Tether a Fraud?
« Reply #1 on: June 07, 2018, 04:27:40 AM »
Bitfinex and tether are likely doing a lot of illegal activity. No one knows how long it could take US to force a shut down, but in this event the value of tether would likely crash to almost zero.
I don’t think exchanges have added risk by using tether pairs because I doubt that they hold any tether themselves. Exchanges make money primarily by customers exchanging, NOT by the stability of the pairs they offer.
This is not financial advice but personally I sold everything after the subpoena news (luckily for a nice profit) and I think anyone with money still in the market after the subpoena news is at serious risk.
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Offline trons

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Re: Is Tether a Fraud?
« Reply #2 on: June 07, 2018, 02:12:51 PM »
Tether is fraud. Everyone knows that Tether and Bitfinex have one owner. During growth bitcoin last year, a large sum of money was poured into Bitfinex.

Offline Kitcho

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Re: Is Tether a Fraud?
« Reply #3 on: June 08, 2018, 01:39:22 AM »
Tether is fraud. Everyone knows that Tether and Bitfinex have one owner. During growth bitcoin last year, a large sum of money was poured into Bitfinex.

Tether is a big scam, like Bitconnect. When it will be revealed, the Ethereum will make a big dump because they have a large volume in USDT

Offline issakaq

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Re: Is Tether a Fraud?
« Reply #4 on: June 08, 2018, 02:58:14 AM »
Well with tether I don't really know more  about it  hence I don't really  how it is been managed ,but all will say is about vigilant.

Offline altcoingamer

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Re: Is Tether a Fraud?
« Reply #5 on: June 08, 2018, 10:02:15 AM »
I think it likely is a scam.. even if the numbers differentiate at ALL from what they have locked up, it just goes to show that this thing is garbage.. I think we are playing with fire on this one.. and I know people love it because of the safe haven of the safe haven type mentality.. but overnight it could goto zero and catch you completely off guard.. use at your own risk!

Offline yavorskiy616

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Re: Is Tether a Fraud?
« Reply #6 on: June 28, 2018, 09:31:26 PM »
Hello everybody. I think that Tether is the most important fraud in the crypto-currency world due to the increase in the number of tokens at the time of Bitcoin's fall.

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Re: Is Tether a Fraud?
« Reply #6 on: June 28, 2018, 09:31:26 PM »


Offline Condorlaib

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Re: Is Tether a Fraud?
« Reply #7 on: July 06, 2018, 06:47:25 PM »
of course it will be very bad if USDT turns out to be bad for use. I have long been eyeing the opportunity to use it as a repository for my funds in dollar terms. But many negative reviews do not allow me to make the right decision.

Offline trofim21

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Re: Is Tether a Fraud?
« Reply #8 on: July 07, 2018, 12:31:43 AM »
I do not know about this, but it seems to me that in the crypto currency this coin is very necessary

Offline cashbit

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Re: Is Tether a Fraud?
« Reply #9 on: September 24, 2018, 08:56:12 AM »
Is that really @trons? This surprised me a lot because I became one of the Tether coin holders. So, what should I do with my current Tether coin? Should I sell even though I will lose?

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Re: Is Tether a Fraud?
« Reply #10 on: September 27, 2018, 02:28:25 PM »
For USDT, TUSD, Tether experienced a rapid decline and increase, so be careful because this coin is the same price as FIAT USD.
Believe this coin continues to be stable.

Offline altery0518

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Re: Is Tether a Fraud?
« Reply #11 on: October 12, 2018, 04:00:04 PM »
All of us are blinded of what is happening in the near future  because we don't know yet if the coins will play very well or it will dump rapidly so we must be careful and ensure put up investment is properly review.
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Offline waitingforday

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Re: Is Tether a Fraud?
« Reply #12 on: October 15, 2018, 01:56:33 PM »
Maybe. No audit, no real proof of money existing, nothing. If USDT crash this will disaster.

Offline dragononcrypto

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Re: Is Tether a Fraud?
« Reply #13 on: October 15, 2018, 03:17:27 PM »
Maybe. No audit, no real proof of money existing, nothing. If USDT crash this will disaster.

If you're holding Tether it looks like a bit of a disaster at the moment, but if you're holding REAL crypto then it's a great day  ;D

Offline caxxo

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Re: Is Tether a Fraud?
« Reply #14 on: October 15, 2018, 04:29:42 PM »
i think yes. They don't have audit, no proof of money backing, they're not transparent. We don't know how many dollars they have for their token. They can print when they want. Use Dai it's better.

 

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