Tether

Discussion of all things crypto and blockchain.
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MaxGravy
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Re: Tether

Postby MaxGravy » Fri Apr 27, 2018

Long John wrote:
BarsandStars wrote:Not to be rude but I noticed all you do is post links to that same website. Am i the only one that feels like we're being trolled by this guy?

Yeah, I realized that after I went to the trouble of explaining Tether. I checked his other posts, and felt pretty stupid for not noticing his username contains the name of the site he's trying to send people to. He's only here (and probably other places) to shill that site.


He's been deactivated and shill links removed.
I'm clearly not very bright.

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SilverDoge
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Re: Tether

Postby SilverDoge » Mon May 21, 2018

A replacement for tether incoming? TrueUSD sounds much better than Tether according to Chris, and works based on Ethereum smart contracts:

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tdtwedt
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Re: Tether

Postby tdtwedt » Tue Oct 16, 2018

Tether Peg Cracks

The cryptocurrency market rallied on Monday after a crack in the tether stablecoin led to a surge in the price of Bitcoin.

The move led to gains across the entire spectrum of digital currencies with only tether showing a loss amongst the top twenty coins. The sell-off in the USDT peg is the latest twist after a bout of rumours regarding the Bitfinex exchange and problems surrounding tether wire transfers.


https://www.zerohedge.com/news/2018-10- ... ts-trading

:pop:
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Long John
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Re: Tether

Postby Long John » Tue Oct 16, 2018

Finally some positive news. :thumbup: :thumbup:

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SilverDoge
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Re: Tether

Postby SilverDoge » Tue Oct 16, 2018

The irony is that the Tether fiasco actually gave BTC a decent little bump.

From Coindesk:
https://www.coindesk.com/price-of-tether-stablecoin-tanks-to-18-month-low/

https://www.coindesk.com/binance-suspends-tether-withdrawals-after-disavowing-delist-rumor/

And now, tether is back to 98% of its $1.00 USD price. I've basically stopped using tether even for small time periods. Use at your own risk.
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Silversaving
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Re: Tether

Postby Silversaving » Tue Oct 16, 2018

I don't see tether going away personally. I think it's a lot of wishful/hopeful thinking.
Still have around 50k in it in the event the market dumps again.
To each their own though.
ImageSeeking Rodebaugh Serial #'s 9 & 23.

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SilverDoge
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Re: Tether

Postby SilverDoge » Tue Oct 16, 2018

Silversaving wrote:I don't see tether going away personally. I think it's a lot of wishful/hopeful thinking.
Still have around 50k in it in the event the market dumps again.
To each their own though.


You are a bold one my friend! ;)
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tdtwedt
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Re: Tether

Postby tdtwedt » Sat Nov 03, 2018

Tether Says It Has $1.8 Billion In An Offshore Bank Account

In an effort to restore faith in tether, the company on Thursday published a letter from a Bahamanian bank affirming that the company has $1.8 billion in deposits sitting in an account offshore. But as several traders swiftly pointed out, the letter from Deltec Bank & Trust, which describes itself as "an independent financial services group", bore a few notable inconsistencies.


https://www.zerohedge.com/news/2018-11- ... nk-account

:pop:
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tdtwedt
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Re: Tether

Postby tdtwedt » Fri Apr 26, 2019

Cryptocurrencies shed $10 billion in an hour on worries over 'stablecoin' tether

New York's top lawyer alleges Bitfinex used at least $700 million from Tether's cash reserves to cover up an $850 million loss.

Questions have arisen over whether Tether has enough dollar reserves to justify its token's dollar peg and whether it was used to manipulate prices.


https://www.cnbc.com/2019/04/26/cryptoc ... probe.html
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Silversaving
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Re: Tether

Postby Silversaving » Sat May 11, 2019

ImageSeeking Rodebaugh Serial #'s 9 & 23.

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spideynut
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Re: Tether

Postby spideynut » Sat May 18, 2019

Silversaving wrote:Dr. Stablecoin (Or How I Learned To Stop Worrying And Love Tether)


https://www.zerohedge.com/news/2019-05-11/dr-stablecoin-or-how-i-learned-stop-worrying-and-love-tether

Good read thanks. I been looking at other stable coins volume to see if anyone is leaning away from usdt. From what I can tell not even close. Binance usdt 455m pair with btc and the runner up is tusd with 12m in a 24 hour period.
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SilverDoge
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Re: Tether

Postby SilverDoge » Sun Jun 23, 2019

Andreas' take on stablecoins:

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Brick's
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Re: Tether

Postby Brick's » Sun Jun 23, 2019

Love this guy's work and ability to explain on my 'tard level.

Which leads me to the question is their a consensus or speculation on the best stable cryptocoin out there?
"Those who can make you believe absurdities can make you commit atrocities" Voltaire

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SilverDoge
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Re: Tether

Postby SilverDoge » Sun Jun 23, 2019

Brick's wrote:Love this guy's work and ability to explain on my 'tard level.

Which leads me to the question is their a consensus or speculation on the best stable cryptocoin out there?


https://stablecoinindex.com/

This site lists several. I saw it on this guy's video:
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Bucketeer
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Re: Tether

Postby Bucketeer » Mon Jun 24, 2019

[quote="SilverDoge"]Andreas' take on stablecoins:

Good post Doge. Andreas is on top of all things Crypto.

Back in the 1980's, Money Market Accounts were all the rage. The biggest fear were that they would break $1.00, As I recall, that happened.

Stablecoins? I take my chance on Bitcoin.
Gentlemen prefer Engelhard.
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