Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Stable Coins Forum => Topic started by: KobbyC on May 31, 2018, 08:51:01 PM
-
How will you convince me to purchase Tether?
-
This will be a practical conversion of it into a dollar, which has the form of a token. I think that it is necessary for storing part of your free funds with the purpose of its further transfer to fiat. Such an intermediate link, which can be turned into anything.
-
Will this news from bittrex bury tether:
"We offer one of the biggest selections of innovative tokens available around the globe. Today we announce the introduction of US Dollar (Fiat) trading for approved corporate customers, followed by all qualified customers as we roll out additional phases. " ?
-
Seems like it would have been a good position trade in hinesight.. but I cannot stress enough.. do not go long bagholding tether.. any news that this isn't indeed backed up by Bitfinex peepz will lead to a severe crash in this coin... its a gamble and I don't think a safe one, especially for weeks at a time.
-
It's good during turbulent times as it is stable, whereas other coins are going to get dumped when bitcoin falls. Not good for a long term hodl but it has it's uses
-
Though tether will not be good enough for long term investment I believe sake of its stability it will be good to hold some tether so that in times decline in the value of bitcoin and the other cryptos you will be a bit secured.
-
I don't think you should purchase tether honestly. It has a lot of fishy behavior behind it and the team. If you must use it, just use it to temporarily offset drops in BTC or ETH and buy back in. There's no point in holding tether and honestly I'd consider it dangerous to say the least.
-
It's good during turbulent times as it is stable, whereas other coins are going to get dumped when bitcoin falls. Not good for a long term hodl but it has it's uses
Great, I like your idea. If you do that you maintain the value of your token.
-
You know if you want to hold a coin with less volatile you can buy this token to maintain you fund.
-
Yes, and i think it is not completely a bad idea to buy Tether since it a stable coin, and a cryptocurrency asset issued on the Bitcoin blockchain via the Omni Layer Protocol.
USDT and other Tether currencies were created to facilitate the transfer of national currencies, to provide users with a stable alternative to Bitcoin. In my opinion, it is good to buy Tether (USDT).
-
Buy tether for what?
If you just for invesment, i suggesting not to buy it. It equal to usd in fiat money
But for trade international it can easy payments than use fiat money. No need banking transaction. It use full
-
It should be stored when it gets dumped, otherwise it may be possible to damage you if you save it. So when you get the Market Dump you can purchase it.
-
Yes, I think you should consider Tether to enter your pocket. Even when there is bloodshed, this coin looks green with 4 other coins. The stable value of this coin is related to Tether's claim. Tether claims if they have a reserve USD for each token sold.
-
It should be stored when it gets dumped, otherwise it may be possible to damage you if you save it. So when you get the Market Dump you can purchase it.
when tether dump? or pump? I think the value are stable following real fiat USD.
-
If you want to enjoy the benefits of blockchain and fiat money, you can consider Tether. Tether is one of the most stable coins even though almost all coins look red. That's why you can enter Tether now in your wallet.
-
Tether is a coin that some time ago always showed price stability. The coin always looks green even though the others are red. But this coin a few days looks in the red zone. But I am still convinced of the future of this coin, which is why I understood some of these Tether coins.
-
to buy tether now or later the same. because this coin is a stable coin for rising and falling prices and is suitable for both daily and long-term traders
-
If you want to save FIAT money but not in a conventional bank, then you better save it in Tether
This coin is the same as FIAT, and if Tether has experienced a drastic decline then caution means that the developer team can no longer be trusted.
-
Of course, if you don't have this coin, you have to buy it. The Tether is the third largest coin after Ethereum. In addition, the coin has the support of large banks from various countries. That's why Tether is a strong and potential coin to buy.
-
The cheap price of tokens today encourage many investors to buy so they can have more tokens to hold and wait for the market to recover to earn big profit.
-
Buying tether now is never a bad option because price may shoot up sooner pr later though it is not guaranteed. Tether's price seem to be influence mainly by the dollar and it can limits the coins in its rising.
-
In my opinion,The cheap price of tokens today encourage many investors to buy so they can have more tokens to hold and wait for the market to recover to earn big profit.
-
I've asked a Kraken guy a few days ago, he confirmed. But think of it, if Kraken's USD was USDT, they wouldn't provide USD/USDT for trading. Also they support plenty of currencies, from GBP to YEN. EURT exists, but there is no such Tether for these currencies.
..but that of course doesn't mean that Kraken holds enough fiat in banks for everyone. A USD on Kraken is still "virtual" and traded like a token. The only difference with USDT is that it's all Kraken, not a third-party company. (& eventually it's all a matter of trust. You allow your bank to hold only a tiny fraction of your money in it, but you wouldn't trust Kraken enough to allow it not to have a 100% full reserve. Kraken won't be saved by governments that's for sure)
-
I think that buy Tether coin is a no sense unless you are trading and you're finding an exit during hard market dump.
So, if you want continue using a stable coin to dispose a trading exit, you can move on trust USD (TUSD).
-
When you feel a loss when a HODL token can't be trusted in the cryptocurrency market.
Then you realize that the Tether is more stable because the price is equal to USD 1: 1.
You will feel it after you experience a loss.
-
it looks good for now. simple sell your btc or eth in exchange to usdt. that's the only way.
-
If you are in fear of loosing your crypto value in $ price than u can convert otherwise there is no reason for buying and holding. The value is stable and you can not gain profit.
-
More precisely it is now very good to buy Tether because of the Tether coins which tend to be stable and still the same price with USD 1: 1.
If you are not able to trade with cryptocurrency which always gives a surprise, you better trade Fiat with Tether, which has price fluctuations around 0 - 0.9% .
-
You normally swap to fiat at times of uncertainty, because it's stable. You hold money waiting for a dip. On some exchanges you do this on "real" USD or EUR, USDT (Tether) is the same thing, only it's not "real" USD, it's a coupon for a real USD.. providing Tether does have enough real USDs to give, which is the problem.
You should buy USDT if you need to convert your crypto for a coin that purports to be backed by USD.
You would do this either as a haven to protect against the volatility that is the cryptomarket. Or if you are on an exchange that does not offer USD pairings and are forced to, in essence.
You can buy USDT by converting eth to usdt (http://seo abuse/ethereum/ethereum-to-tether). According to Coinswitch, 1 eth to usdt gives 105 usdt.
-
More precisely it is now very good to buy Tether because of the Tether coins which tend to be stable and still the same price with USD 1: 1.
If you are not able to trade with cryptocurrency which always gives a surprise, you better trade Fiat with Tether, which has price fluctuations around 0 - 0.9% .
Well ur opinion is good but trading between stable coins required large funds to get good profit. I think trading btc/usdt is good if someone want to get quick profit.
-
How will you convince me to purchase Tether?
In my opinion, stable coins like USDT and TUSD do not need to be bought on purpose. This is a convenient coin for the temporary storage of our cryptocurrency, when it is urgent to withdraw funds from one cryptocurrency, but it is not yet time to invest in another. This is a kind of buffer between different types of cryptocurrency.
-
Tether worths investing. Especially if you deal with USD and especially if you are American. Because as I heard US citizens often have problems with fiat while trading on different exchanges. And as Tether is a crypo, it is easier for Americans to transfer crypto
-
Just buying a tether like any other stable coins makes no sense, since they alone cannot make a profit. Stable coins are created more for ease of use of cryptocurrency, so as not to withdraw our fiat cryptocurrency funds in some critical situations, and then, when the time is right, do not return these funds back to cryptocurrency. Previously, without stable coins it was quite difficult, and they make it easier for us to move from one type of cryptocurrency to another, when it is urgent to withdraw, and investing in another type is still early.
-
Definately, tether is cool to hodl at any point in time looking at the relative stability compared to the other altcoins. Stable coins is a real deal to hodl.
-
I transfer part of my profits to Tether in order to save my investment during a bear market. And I advise you to diversify risks.
-
How will you convince me to purchase Tether?
When Bitcoin gets FUD and Bitcoin changes from green to Red.
At that time you have to buy Tether from Bitcoin, so that when Bitcoin Dump, then you can BuyBack.
-
If someone have Ethereum then buy now Tether (eth=189$)
And rebuy ETH at 182 $
-
How will you convince me to purchase Tether?
You don't need to be convinced if to purchase Tether or not, make your decision yourself, by distinguishing between volatile coins and stable coins that will remain the way it is for several years. Tether is a coin that is very active in terms of its trading pairs in all exchanges, cause its price is fixed within a rang ($0.9-$1.0). Holding bags of Tether is like holding your native fiat at hand, but when you use it to for trade for some promising coins, that's when it's a coin to have.
Are you a Trader or a Long term investor?
-
Buying a stable coin tether need for some purpose. His purchase and custody does not make much sense. After all, the retention of stable coins cannot bring profit, as the usual cryptocurrency does. Stable coins serve as a kind of buffer between a cryptocurrency and a regular currency and facilitates the use of a cryptocurrency.
-
Thanks for the replies so far, everyone. It seems like it has been overhyped. The car I am looking at had had 60,000 kms done.
Now, if I am still paranoid about this potential issue, is it a safe bet just to go with a 2014 model or above? That will rule out that issue yes?
-
For investment to buy USDT? No. It's ridiculous haha. But i guess you can trust USDT. It's already listed on Binance and other big exchanges. And it's volume is really high.
-
tether is a stable coin and long-term investment is good on almost all the leading coins. but if you are a trader who needs a large margin of volatility this is not an attractive choice
-
If you want to enjoy the benefits of blockchain and fiat money, you can consider Tether. Tether is one of the most stable coins even though almost all coins look red. That's why you can enter Tether now in your wallet.
Are you sure about tether?
-
Any stable coins are bought only for a specific purpose. They facilitate quick and convenient entry or exit from a particular cryptocurrency. It makes no sense to convince anyone to buy them, because they alone do not bring their owners a profit, like a regular cryptocurrency.
-
Obviously you can invest in Tether a favourite and popular stable coins. If you invest in Tether you may gain a better value in future.