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Author Topic: USDT to $10?  (Read 15736 times)

Offline Third

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USDT to $10?
« on: July 30, 2018, 04:32:10 PM »
I see this altcoin as one of the accepted digital currency to exchange with other altcoins. Do you think this can give USDT a chance to hit the $10 value each?

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USDT to $10?
« on: July 30, 2018, 04:32:10 PM »

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Offline altcoingamer

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Re: USDT to $10?
« Reply #1 on: July 31, 2018, 07:17:33 AM »
USDT is designed to be worth exactly 1$ (give or take a percentage point or two)... its a digital representation of dollars (supposedly) backed in a bank account.  Rise in price isn't really it's intended purpose, but more of a placeholder for transactions of tokenized cash.  The only way USDT could ever hit 10.00 or really even 2.00 is if bitcoin had a mass exodus because of some fud (maybe bitcoin cash performing a miracle and overtaking bitcoin, lol)... but even then it would be a flash crash and only temporary. 

Offline Eben

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Re: USDT to $10?
« Reply #2 on: August 10, 2018, 06:21:16 PM »
The USDT was a coin purposely designed to be equivalent to 1$. Although there may be little variation in its value, for it to rise above the one dollar to hit 10$...almost impossible.

Offline Bobcrypto

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Re: USDT to $10?
« Reply #3 on: August 15, 2018, 09:16:36 AM »
I see this altcoin as one of the accepted digital currency to exchange with other altcoins. Do you think this can give USDT a chance to hit the $10 value each?

I think that USTD may not exceed it intended purpose  otherwise the aim and objectives of its lunched may  becomes fruitless. Remember that each USDT unit is backed by a U.S Dollar held in the reserves of the Tether Limited and can be redeemed through the Tether Platform.

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Offline fulled

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Re: USDT to $10?
« Reply #4 on: August 30, 2018, 08:14:58 PM »
No, it cannot value more that 1$ Tather is digital dollar, backed by real dollar on 1:1 , so each USDT will always worth 1 USD not more

Offline totol02

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Re: USDT to $10?
« Reply #5 on: September 02, 2018, 01:06:29 PM »
USDT is a tax that has been valued at USD equivalents. So it can never grow more than the dollar value, but never equal to 10 dollars.

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Offline Fenix

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Re: USDT to $10?
« Reply #6 on: September 02, 2018, 07:52:24 PM »
No, the USDT was conceived as an exchange rate for the dollar, it's actually a digital version of the dollar and can not be different from its rate. The discrepancy may be a minimum of several cents, depending on the supplier of this coin.

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Re: USDT to $10?
« Reply #6 on: September 02, 2018, 07:52:24 PM »


Offline moonuranus

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Re: USDT to $10?
« Reply #7 on: September 03, 2018, 07:52:42 AM »
USDT is the digital representation of USD that's why they have exactly the same price. But USDT is a digital currency and has a limited supply unlike USD, so theres a chance that USDT will reach $10 if ever. It is surely not now but if the people of cryptoworld hype this coin we can see that USDT will go above the price of USD.

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Re: USDT to $10?
« Reply #8 on: September 10, 2018, 10:38:49 AM »
I see this altcoin as one of the accepted digital currency to exchange with other altcoins. Do you think this can give USDT a chance to hit the $10 value each?

USDT value same dollar value
so if you have 10 dollar, you can get 10 USDT
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Offline Fenix

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Re: USDT to $10?
« Reply #9 on: September 17, 2018, 11:17:04 PM »
USDT is practically a digital copy of the dollar and therefore it can not be different from the value of one dollar. These are just tokens for the convenience of moving crypto currency into another crypto currency where there are no direct pairs for exchange or as a buffer for output to fiat.

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Offline getit

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Re: USDT to $10?
« Reply #10 on: September 22, 2018, 09:20:33 PM »
It is really mearnt to rise as high as $10 as you are suggesting??
I know for tether, it is coin backed by USD and hence will remain as high as $1 per I tether

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Offline Alcor

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Re: USDT to $10?
« Reply #11 on: September 29, 2018, 02:11:45 PM »
The USDT coin can not cost more than one dollar. Its price can fluctuate literally on the part of the dollar and not more. It has completely different tasks and functions than other coins. This is a completely stable digital copy of the dollar, which is often used as a buffer for the settling of a certain part of the money until the next decision is taken or when it is output to fiat.

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Offline Harihmawati

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Re: USDT to $10?
« Reply #12 on: September 30, 2018, 01:13:09 AM »
Tether is stable coin 1 USDT equal 1 USD fiat, this value never bigger or lower than 1 USD. So if you investment in tether it like invest fiat USD.

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Re: USDT to $10?
« Reply #13 on: October 02, 2018, 11:27:14 AM »
If I am not wrong its price reached to $1.2. Of course it was not designed for such increases but I will not surprise if it reaches $2.
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Offline altery0518

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Re: USDT to $10?
« Reply #14 on: October 12, 2018, 03:52:08 PM »
I think all coins have potential to rise it depends on the efforts of the team on how they can encourage investors to invest to increase the sales and it's market value.
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