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Author Topic: Can Tether collapse the crypto market?  (Read 3122 times)

Offline Domithra

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Can Tether collapse the crypto market?
« on: July 05, 2018, 11:00:27 AM »
Tether serves as the safe haven for cryptocurrency users especially in times of bear market where a lot of coins experience dips in prices. In these times, Tether isthe best coin to exchange your coins for and keep until the market recovers.
What do you think will happen to the cryptocurrency industry when Tether gets affected by the bear market and also drop massively?
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Can Tether collapse the crypto market?
« on: July 05, 2018, 11:00:27 AM »

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Re: Can Tether collapse the crypto market?
« Reply #1 on: July 05, 2018, 03:20:48 PM »
I believe that Tether will drop only if the reserve they claim to be holding is compromised or found to be a false claim. If that's the case, Tether will drop dead.  Unless otherwise, Tether is here to stay. And even if we like the idea of using Tether or not we might end up using in bearish market. Moreover, if its bearish for bitcoin and altcoin its bullish for Tether because of the demand of Safe Haven. This is just my point of view and I'm not a big fan of Tether  :-\
« Last Edit: July 05, 2018, 03:23:04 PM by Airdrophunter8 »
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Re: Can Tether collapse the crypto market?
« Reply #2 on: September 01, 2018, 10:43:44 PM »
I think no, tather come to crypto world as a support coin for better trading experience, so tether will not make market collapse, because if crypto market colaps, tether will colaps too

Offline Fenix

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Re: Can Tether collapse the crypto market?
« Reply #3 on: September 02, 2018, 08:00:11 PM »
I think that Tether can not do any harm to the crypto-currency market, because it only reflects the real dollar exchange rate and, in fact, is its digital copy. His course will always be one dollar. Its use is very convenient when you need to withdraw funds from existing crypto currency, but do not convert to fiat.

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Re: Can Tether collapse the crypto market?
« Reply #4 on: September 03, 2018, 04:31:44 AM »
I dont think if tether collapse crypto currency market, tether is not fundamental of crypto word. If theater fall 99% the price still 1 dollar. It reflect 1 tether = 1 dollar. The token will pull back. If market increase this token will release until 1dollar again.

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Re: Can Tether collapse the crypto market?
« Reply #5 on: October 17, 2018, 11:07:47 AM »
Everything can happen on cryptocurrency if no one trusts USDT anymore. So that people will begin to leave and switch to other crypto instruments to invest. So long as there is no negative news, it will be difficult to materialize. Hopefully it won't happen until USDd collapse like that. We must always be optimistic and think positively.
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Re: Can Tether collapse the crypto market?
« Reply #6 on: October 27, 2018, 10:16:04 PM »
Tether serves as the safe haven for cryptocurrency users especially in times of bear market where a lot of coins experience dips in prices. In these times, Tether isthe best coin to exchange your coins for and keep until the market recovers.
What do you think will happen to the cryptocurrency industry when Tether gets affected by the bear market and also drop massively?
The USDT coin cannot suffer from the bear market. For any fall in the market, it should vseravno correspond to the price of one dollar. This coin can influence the state of the cryptocurrency market, since it is actually the same dollars, only in the digital shell.

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Re: Can Tether collapse the crypto market?
« Reply #6 on: October 27, 2018, 10:16:04 PM »


Offline Bilqist

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Re: Can Tether collapse the crypto market?
« Reply #7 on: December 04, 2018, 05:23:06 AM »
Tether can't collapse just bear market. Tether still need keep asset in bear market. It will collapse if no coin in market.  The price will always equal $1 although only 1 coin in the market.
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Re: Can Tether collapse the crypto market?
« Reply #8 on: December 04, 2018, 11:57:35 AM »
Everything can happen on cryptocurrency if no one trusts USDT anymore. So that people will begin to leave and switch to other crypto instruments to invest. So long as there is no negative news, it will be difficult to materialize. Hopefully it won't happen until USDd collapse like that. We must always be optimistic and think positively.
But that thing is impossible because Tether is is the most used by traders to preserve the price of their coins or token
that they used on trading during market situations like this. And Tether is also backed with real US dollars that's why
this coin will continue to be used by most of the traders in the cryptocurrency world.


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Offline Stuart

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Re: Can Tether collapse the crypto market?
« Reply #9 on: December 04, 2018, 09:22:20 PM »
Am not a big fan of tether, and saying that tether is a safe place of all coins, its not a factor that I support, cause if the market collapse, tether will also collapse alongside. Tether might be good to safe keep tokens/coins in the bare market to avoid lose.

Offline FinTech

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Re: Can Tether collapse the crypto market?
« Reply #10 on: December 06, 2018, 08:16:30 AM »
Am not a big fan of tether, and saying that tether is a safe place of all coins, its not a factor that I support, cause if the market collapse, tether will also collapse alongside. Tether might be good to safe keep tokens/coins in the bare market to avoid lose.

Indeed, tether is a place commonly used to secure assets, try to see ACDC tokens, which I know, these tokens only have a Tether pair which causes the price to be very stable, you could say there is no Pump or Dump activity like what happened to other coins, Whales it is also possible that you will not dare to play coins that only have a pair with Tether
.:.:. Financial Technology .:.:.

 

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