Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Trio86 on September 20, 2018, 05:44:09 PM
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What's the difference between Tether and Ripple, there are some people say that Tether and Ripple are not altcoin parts.
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Tether is a great coin to lock in your profit since it is stable coin. It has not deviated from it original price (1usd) for more than 20%. it can be use as a hedging strategy toward inflation coin.
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tether is a stable coin and is very important in the crypto section. Tether will be the place where crypto prices experience a large decline. investors can exchange their coins with tether.
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I'm not a fan of Tether, as I think it has contributed to the fall in the overall market. Tether makes it too easy for investors to jump in and out of other coins. I know it is a popular coin, but for me it does nothing for the crypto market in general, if anything, it detracts from it. And not sure what you're talking about with Ripple (guessing because it's centralised?), but they're nothing alike.
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What's the difference between Tether and Ripple, there are some people say that Tether and Ripple are not altcoin parts.
Tether is a lot more centralized we have to trust that it will still be valued at $1 or close to it in the future. Where crypto can go up and down depending on the market. And of course can be worth more overtime.
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What's the difference between Tether and Ripple, there are some people say that Tether and Ripple are not altcoin parts.
You mean the centralization that everyone talks about ? Why does no one remember Ethereum and its founder Buterin ? In this project, too, many disputes with developers about where the project will move.
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Tether is classified as stablecoin, meaning it "holds" its value over time. It has microfluctuations around 1$ price, but nothing to worry about that. Check out its market price graph on https://coinmarketcap.com/currencies/tether/!
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Has anyone here actually "cashed out" Tether for USD. I highly doubt they're just sitting on a pile of money so they can have a 1 to 1 ratio with their currency. And honestly, do they even need to? The USD isn't tethered to gold any more.
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Tether is on of cryptocurrency which unique price. But I think the profit was low if you want to hunt profit from this cryptocurrency.
But the benefit of Tether was the price very stable.
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It would be better to stay away from Tether as it is just a matter of time when it will start to crumble down. Explore your other stable coin options like the TrueUSD which is actually backed up with fiat USD and is a lot safer than Tether.
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Tether is a reliable coin.Tether is a good for trading to avoid big loss when all crypto down because this coin just has very small volatility.
The ripple is good for long term investment.Now the price of ripple is very low.So it's good to invest now.
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I like this coin a lot for its stability. I usually change most of my cryptos to tether when prices are going down and later buy when prices start going up. I think it came to help safe our monies on the net. Without it, in times of big dips, all our monies would have gone away.
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What's the difference between Tether and Ripple, there are some people say that Tether and Ripple are not altcoin parts.
Tether is a lot more centralized we have to trust that it will still be valued at $1 or close to it in the future. Where crypto can go up and down depending on the market. And of course can be worth more overtime.
Exchange coins that bring dividends (kucoin shares, binance coin, cryptopia shares, coss) should not fall as much as the rest in theory, those are things you want to hold. But with the dividends losing value their price will still drop. Then, you have to look for some coins that have been purchased in fiat as much as possible, now and in the past. Tether has inflated bitcoin and possibly ETH prices; if people got the coin without going through those it shouldn't crash.