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Found 7 results
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  1. So looking for thoughts here ... I have a bot that trades on poloniex , the two pairs I can trade against are usdt and btc. I think btc has a first mover advantage but long term will die out. Usdt on the other hand is failing at it's one purpose , to be pegged to the US dollar. Given that I think there will be several boom bust cycles between here and 589( :) ) . Which do people think would be the best pair to trade xrp against btc or tether ? What I've done in the mean time is taking 2/3 of my holding away from the bot , however I've been thinking about the problem most of the day.
  2. All of a sudden, some 250m USDT just appeared on the markets. You know what it means.
  3. Hello, I am new to this forum, so let me introduce myself: UK based & I am an XRP holder since around Aug '17. I have always been wary of the USDT situation since my involvement with the CC market and at risk of sounding completely stupid on my first post, here goes... One thing that puzzles me is how USDT managed to stay so closely pegged to $1 USD. This may be a silly question with a simple answer; but if USDT is in fact a 'cryptocurrency' why is it not susceptible to the price volatility like all the others? How does it have almost no reaction to buying and selling
  4. As most of you probably have read by now, Tether is becoming a scary situation. There is speculation that they have been printing counterfeit money to the tune of 2 billion dollars, and injecting it into the market to inflate prices. That 2 billion dollars is also speculated to have inflated BTC 50-80% because in reality only $10 billion of fiat has been invested into the crypto market to date. Because of this, some articles have come out to say that when Tether collapses, BTC will retreat back around $1000 and the rest of the market will come with it. I have been losing sleep at night late
  5. I’ve been reading a lot about the Tether printing and how it is pumping prices on a lot of these exchanges. Does this concern anybody here? Do we think, if this scandal comes to light, it’ll have a significant impact on Ripple and crypto in general? (I’m a long-term XRP #hodler and I don’t day trade, so this isn’t FUD, just general concern over some of the allegations I’ve been reading.)
  6. What are your thoughts on the recent USDT Hacking and the negativity surrounding Bitfinex and Tether in the past month? Is it safe to be in cryptos now? Will it affect XRP? I have some USD just left on Bitstamp because I don't know if Bitcoin will crash any moment and take everything down with it...
  7. hi to all my ripple friend's, after all this crazy past week I see a lot of opportunities and interesting aspects of trading, first of all, please don't sell your XRP holdings or any other crypto as you can miss out the rebound, instead of panic see the big buying opportunity right now. if you have bitcoin or any other crypto to play your trading moves I think the best crypto token to park your money and avoid losses on your bankroll or been exposed to too much volatility is Tether - I think Tether is the safe haven of crypto at this moment. please share your comment on this
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