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Author Topic: Will the USDT that is suspected of serious oversupply collapse?  (Read 2746 times)

Offline sarahxia618

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Since the advent of USDT, as a function of the stable value of digital currency and trading currency, usdt [nofollow] has long been at the forefront of the trading volume of more than one thousand digital cryptocurrencies worldwide, and its influence on the digital currency market is significant and far-reaching. Even today, USDT’s transaction volume is on the rise, as all the currencies in front of it fall.

At the same time, in a decentralized and node-autonomous market, the centrally released USDT and its publishing company, tether [nofollow], have always existed in various controversies.

What on earth is USDT increasing release crazily for? Where is the 1:1 corresponding dollar account? How is usdt to be audited? Can USDT's holding users be able to redeem U.S. Dollars with corresponding denominations? What is the relationship between Bitfinex and Tether, is it really behind the scenes of the skyrocketing bitcoin stage? Will the USDT collapse under the suspicious of oversupply?
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Offline Deffobit

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Re: Will the USDT that is suspected of serious oversupply collapse?
« Reply #1 on: May 29, 2018, 09:39:26 PM »
I don't like the USDT, but I use them. Since bittrex appeared TrueUSD (TUSD) I use it, it more confidence.
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Offline owmivmen

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Re: Will the USDT that is suspected of serious oversupply collapse?
« Reply #2 on: June 02, 2018, 03:18:46 PM »
so USDT is token stable and follow the price USD? I have never trade using USDT. is token is not affected by the market conditions unstable at this time?
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Offline BatBit

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Re: Will the USDT that is suspected of serious oversupply collapse?
« Reply #3 on: June 02, 2018, 03:41:24 PM »
so USDT is token stable and follow the price USD? I have never trade using USDT. is token is not affected by the market conditions unstable at this time?
It was created for this purpose - to fix the profit in dollars, without transferring funds to Fiat.
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Offline altcoingamer

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Re: Will the USDT that is suspected of serious oversupply collapse?
« Reply #4 on: June 09, 2018, 12:10:16 AM »
I am definitely scared because this thing will get rekt if any information about any variance of dollars not being backed comes to light. Safe havening into tether is a straight up gamble, and without notice can crash and burn... I know we all like using the shelter of a shelter method to avoid fud, but proceed with extreme caution and definitely dont stay in tether long term.

Offline tamango

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Re: Will the USDT that is suspected of serious oversupply collapse?
« Reply #5 on: June 23, 2018, 09:53:07 PM »
I never trust USDT because noone can check if coin is really pegged one by one to dollar.

If I have to change in "FIAT" pegged but remaining in crypto I'm actually using EURN on exchange The Rock Trading. It's really pegged to EUR with the verification of a swifzerland bank.
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Offline Third

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Re: Will the USDT that is suspected of serious oversupply collapse?
« Reply #6 on: July 31, 2018, 04:29:32 PM »
The number will never be the reason for an altcoins to collapse specially to USDT that is gaining popularity.

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Re: Will the USDT that is suspected of serious oversupply collapse?
« Reply #6 on: July 31, 2018, 04:29:32 PM »


 

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