Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Stable Coins Forum => USDT Forum => Topic started by: ayatoslaw on November 30, 2018, 06:06:46 PM
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I see, if USDT is compared to other coins,
USDT coins have advantages about price stability,
if other coins have prices that sometimes rise and sometimes also fall too far, but different from USDT, the price tends to go up and down not too far away, and stable at the price of 1 usd,
this is a good and interesting thing because it is different from cryptocurrency coins in general.
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But there are also rivals from USDT aka Tether, namely TUSD aka TrueUSD.
Tether was developed by the OMNI and TUSD networks developed by the Ethereum network, but what surprised me was that Tether was much interested in the fact that the TrueUSD is not from the Etheruem network.
I have no idea ! ::)
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No doubt that it is the stable coin that remains always around $1. When maximum coin pumps, or dumps investors converts their coins into USDT. So this is the only stable coin i have ever seen.
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Yes, the price looks quite stable than others. I don't know why it can be, it is very interesting to know what the factor behind the stability. Although market tends to red every day, the price of USDT don't decline too far.
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After the Bitfinex scandal with Tether, now it seem like everything is normal again. Truly outside of Tether I don’t know any other stable coin
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USDT shows us very good improvement in its price. It is quite stable and not influenced very much by the decline cycle. I appreciate this coin can survive well, I think people may be interested to buy more USDT if it can continue to show good improvement.
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USDT shows us very good improvement in its price. It is quite stable and not influenced very much by the decline cycle. I appreciate this coin can survive well, I think people may be interested to buy more USDT if it can continue to show good improvement.
Yes, Only USDT is stable even in this bearish market. It is really an asset in crypto market. Most of the investors convert their coins when they get profits or market is boom with USDT. I have sometimes convert with USDT. If USDT continues their performance like present, they will surely go ahead. One day USDT may be in the 2nd rank if their capitalization will increase in future.
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But there are also rivals from USDT aka Tether, namely TUSD aka TrueUSD.
Tether was developed by the OMNI and TUSD networks developed by the Ethereum network, but what surprised me was that Tether was much interested in the fact that the TrueUSD is not from the Etheruem network.
I have no idea ! ::)
I think that because USDT was born first, so its became the King of stable coin, just like Bitcoin is the King of all crypto. Even TUSD have more advantage than USDT but people still use USDT more often than TUSD
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They really need some type of audit so people would knew that this is all not some sort of scum.
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Ye USDT is stable coin no pump no dump. USDT Always stable following USD. if there only 1 coin its always same USD. it is the stable coin that remains always around $1.
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Yes, stability is very good, USDT is really an asset just like the USD,and i hope it rank up among the top 10 coins to increase it popularity and uses.
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USDT or Tether is commonly used by traders and speculators in this cryptocurrency world because of its stable value
and the reason behind this is the US dollars backings of Tether. Whenever a trader feels that the crypto market is
going to fall they immediately trade their coins to Tether to preserve its value and so on.
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As Tether USDT is a coin equivalent to the USD, it maintains the USD price in the real world, the world out of crypto helps to keep its stability, and because it is a stable coins in price, it is different from all other crypto currencies. That is the feature I like more about it.
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Yes, the price looks quite stable than others. I don't know why it can be, ~snip~
It is simple and easy to understand. Of course USDT will be stable since it is backed up by US dollar. The value of USDT will follow the rate of US dollar for sure. Actually, I am not surprised with the stability.