USDT buy

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kundals
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#30790

22 Mar 2018, 06:02

who all thinking convert to USDT is good during interday. ?


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Konohime
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#31182

22 Mar 2018, 18:17

I didn't understand your question :/

you want to buy USDT now ? but why ? Bittrex is going to use a new currency soon https://bittrex.com/Market/Index?MarketName=ETH-TUSD

USDT is dead, and this currency was a big joke since the beginning
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Thetaomega
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United States of America

#33969

30 Mar 2018, 16:32

Why do you say usdt is a joke? I dont know much about usdt. But im invested in all kinda cryptocurrencys.

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Konohime
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#33996

30 Mar 2018, 17:28

Thetaomega wrote:
30 Mar 2018, 16:32
Why do you say usdt is a joke? I dont know much about usdt. But im invested in all kinda cryptocurrencys.
Well... there's a lot of article about this controversy :
"Is Tether a scam?
This has been the question that is on the lips of many, especially new investors. Many have labeled it an outright scam and with good reasons while others have fallen for the temptation to invest in the currency that promises to map physical assets digitally all while maintaining a constant and stable price.

One of the reasons cited is Tether’s lack of openness. It publishes the bank accounts balance as well as the coin counts which they claim are audited, yet no company is ever quoted as the auditing authority. This leaves many feeling like the records displayed ever so often on the company’s website may be a false stand.

The second concern for investor is Tether’s disclaimer that they are not obliged to redeem their tokens for money. This means that one can have millions of tokens with nowhere to use them. Tether tokens are also not acceptable in as many merchant locations and banking institutions as some of the other currencies such as Ethereum and IOTA. This leaves redeeming the tokens as the only way, though the team behind Tether has promised they are working on making Tether more acceptable by merchants."
https://oracletimes.com/tether-usdt-con ... what-next/ (november 2017)

"Still, the cryptocurrency is controversial, and Tether has been subpoenaed by the Commodities Futures Trading Commission. Skeptics have questioned whether Tether actually has the dollars it says back its crypto.

"[They] still haven't proven that they hold the funds backing their tokens," Kade said."
http://www.businessinsider.fr/us/tether ... ers-2018-3

"Bitcoin prices plummeted earlier this week as news broke that the U.S. Commodity Futures Trading Commission (CFTC) had subpoenaed a cryptocurrency and company called Tether, as well as the popular cryptocurrency exchange Bitfinex. The CFTC’s apparent investigation (which was actually issued Dec. 6) renewed fears that had been swirling in the cryptocurrency world for months that parent company Tether Limited may not hold the cash reserves it claims."
https://www.dailydot.com/debug/what-is-tether/ (February 2018)

that's a lot of red flag :/
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