Quote from: 8bitrobot on April 23, 2017, 05:26:42 PM

Quote from: humblemonkey on April 23, 2017, 03:14:21 PM

Quote from: 8bitrobot on April 23, 2017, 03:02:41 PM

Quote from: Scott J on April 23, 2017, 05:42:52 AM

Quote from: york780 on April 22, 2017, 09:11:27 PM

Tether was fine until some exchanges like Kraken hate it. Tether to the moon! I expect a Tether pump soon.

If tether pumps then it is a failed coin.

The whole idea is for it to have parity with USD. And divergence from that and it is not serving its purpose.

So, does anyone know what's going on on here? 1 USDT is now worth 0.92 USD.

The price of USDT started falling with this announcement https://tether.to/announcement/

The drop is causing a huge upward gap in prices between exchanges using USDT, and judging from trollboxes many people dont even realise its not USD on these exchanges

for now I'd simply avoid USDT and the exchanges using USDT instead of USD. I can personally see it all ending badly

I see, thanks. At the end of that post, they have, "First they ignore you, then they laugh at you, then they fight you." So, Teather is seen as a threat to the established banking system?

1 USDT is now worth 0.92 USD?
i choked it with, poloniex, bittrex and bitstamp. for every exchange the last price while typing.
bittrex: 1350.99999998 USDT
poloniex: 1344.16910027 USDT
bitstamp: 1233.87 USD

trex: 1350.99999998 * 0,92 = 1'242.9199999816
polo: 1344.16910027 * 0.92 = 1'236.6355722484

edit and yobit:
1270.00000000 USD

edit 2:
ripple:
bitstamp: 0.03158 USD
polo: 0.03421586
polo * 0.92 = 0.0314785912

=> this is a problem for me. because i sold BTC for USDT at bittrex.