Quote from: Samarkand on January 22, 2018, 12:23:08 PM

Quote from: me_me on January 22, 2018, 12:13:20 PM

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I would be interested in buying 30k USDT so i could use it to buy bitcoins

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Why would you buy USDT instead of buying Bitcoins directly?
This seems like an unnecessary counterparty risk by using Tether
as an intermediary.

What am I missing here? After all it is possible that Tether is going to be shutdown,
which would leave you exposed to a lot of downside risk if your USDT suddenly become
worthless / lose a lot of their value.

Hi, the main reason i was interested in buying USDT was because many exchanges offering BTC at good values do not accept USD, if i have USDT i could use it to buy Bitcoin and then sell

I was also thinking of checking out alt coins like Litecoin, Ripple to see if i can find some OTC brokers i can sell them to in my country so i was planning to use USDT for that, its been hard to find sellers of Bitcoin lately