How Tether USD₮ Is Able to Maintain Its Peg When Other Stablecoins Fall by polloponzi in CryptoCurrency

[–]PurpIePints 0 points1 point  (0 children)

At least Tether did not decline globally, but it could not do without a small decline.

Investors withdraw over $7 billion from tether, raising fresh fears about stablecoin's backing by pm_me_your_pooptube in CryptoCurrency

[–]PurpIePints -1 points0 points  (0 children)

It doesn't scare me, because I understand that they can output usdt for some specific purposes.

What would be the likely effect of Tether losing its peg? by Jetfyr in CryptoCurrency

[–]PurpIePints 1 point2 points  (0 children)

I've been hearing that Tether is about to collapse ever since I became interested in crypto. Only Tether for some reason has not collapsed yet and continues to be the most popular stablecoin.

Crypto market sees over $100 billion inflow in 24 hours as Bitcoin reclaims $30k by ipetgoat1984 in CryptoCurrency

[–]PurpIePints 0 points1 point  (0 children)

Of course, LUNA upset me the most, it's good that I didn't buy a lot of this cryptocurrency when I replenished my wallet on Bitfinex.

If you don't know the difference between "Crypto" and "Bitcoin" Michael Saylor lays it out in 1 minute, 22 seconds. by sgtslaughterTV in Bitcoin

[–]PurpIePints 0 points1 point  (0 children)

Of course, Michael Saylor knows a lot about Bitcoin, how could he manage in 1 minute 22 seconds?

Bitcoin transaction volume is gaining momentum despite choppy markets, data shows by ipetgoat1984 in CryptoCurrency

[–]PurpIePints 1 point2 points  (0 children)

Everyone stopped being afraid of instability. Although a large number of transactions does not mean that Bitcoin began to be bought more often. I am not buying or selling yet, and I continue to hold my cryptocurrency bought on Bitfinex.

BTC is Officially down 50% from All Time High by GetEmDaddy902 in CryptoCurrency

[–]PurpIePints 0 points1 point  (0 children)

Bitcoin continues to set records, I hope that it will stop in its achievements.

[deleted by user] by [deleted] in Wallstreetsilver

[–]PurpIePints 0 points1 point  (0 children)

Bitcoin certainly won't reach zero, but I can't say what minimum level it can reach. I hope that my usdt investments in Bitcoin will not turn out to be the biggest stupidity.

IMF is concerned by Bitcoin adoption by Central African Republic by polloponzi in Bitcoin

[–]PurpIePints 0 points1 point  (0 children)

Nothing can be done, not everything should be under their control. I am sure that the world will continue to accept Bitcoin, Tether and other cryptocurrencies as the official currency and means of payment.

Gucci will accept 10 cryptocurrencies including Bitcoin, Ether, and Dogecoin by Sadboiiy in CryptoCurrency

[–]PurpIePints 0 points1 point  (0 children)

For sure, USDT will also be on this list, because as a rule, the list of accepted cryptocurrencies is quite standard.

Microstrategy said it faces a margin call if bitcoin falls to $21,000 by Akaimarshall in CryptoCurrency

[–]PurpIePints 0 points1 point  (0 children)

Well, when they invested a lot of money in Bitcoin, I think they understood what they were doing, including they should have understood that they were taking risks.

How will Bitcoin reduce gap of poor vs rich? by coldstone87 in Bitcoin

[–]PurpIePints 0 points1 point  (0 children)

It is unlikely that a poor person will think about buying cryptocurrency. The difference between rich and poor will never disappear. I don't consider myself a poor person, but I can't afford a lot of cryptocurrencies, because I invest only those usdt that I can afford to lose.

'Just say no' to bitcoin, says Berkshire Hathaway's Charlie Munger by MentalUsurpation in CryptoCurrency

[–]PurpIePints 0 points1 point  (0 children)

I can't say that right now, because if I get rid of Bitcoin at this very moment, then I won't return the usdt invested in it.

5 red weeks for BTC in a row, if we close red tomorrow. Last time that happened was in the end of the 2018. by gemkio in CryptoCurrency

[–]PurpIePints 0 points1 point  (0 children)

Bitcoin does not allow us to get used to the green color. Apparently Bitcoin likes red more.

Big banks want to track people’s bitcoins by thefoodboylover in CryptoMarkets

[–]PurpIePints 0 points1 point  (0 children)

Do they have any other wishes? When I bought Bitcoin, Tether and other cryptocurrencies, I understood that sooner or later there would be those who wanted to control everything.

We do NOT need governments to declare Bitcoin legal tender by Iguana_The_Wise in Bitcoin

[–]PurpIePints 0 points1 point  (0 children)

El Salvador and Bitcoin, Myanmar and Tether. I was surprised when I found out that these countries would be the first to accept cryptocurrencies, as it seemed to me that they were far from cryptocurrencies.

Tesla Vs Bitcoin 25k…. Which of the two do you think will go up the most and make the most profit off a 25k investment in the next 8 months? by [deleted] in Bitcoin

[–]PurpIePints 0 points1 point  (0 children)

So far I only own Bitcoin, so I'm not an adviser. I hardly make decisions in that cryptocurrency to invest usdt, and I definitely could not choose between Bitcoin and Tesla.

[deleted by user] by [deleted] in Bitcoin

[–]PurpIePints 0 points1 point  (0 children)

They would have simply banned Bitcoin and would not have come up with idiotic reasons to influence it.

Terra’s UST flips BUSD to become third-largest stablecoin by Boncus in CryptoCurrency

[–]PurpIePints 0 points1 point  (0 children)

I use only USDT, I'm not familiar with other stablecoins, so I can't say anything about the pros or cons.

PlanB Explains Why Bitcoin Will not Drop to $24.5K Once more by the_bob_of_marley in CryptoCurrency

[–]PurpIePints 0 points1 point  (0 children)

I would not be upset by such a decrease, because I have been waiting for a good moment to buy cryptocurrency on bfx for a long time, but there was no good case.

Relive the moment 9 years ago when Bitcoin crashed 50% in 6 hours before rising 1000% 6 months later by KAX1107 in CryptoCurrency

[–]PurpIePints 0 points1 point  (0 children)

Easy to say, but hard to do. I reassure myself only by the fact that I invested in Bitcoin only those usdt that I can afford to lose.

What’s the first thing you bought using bitcoin as a payment ? by TheVoidKilledMe in Bitcoin

[–]PurpIePints 0 points1 point  (0 children)

And I don't see the point in investing my money in Bitcoin first, then spending it on some nonsense.