Quote from: exstasie on November 14, 2019, 08:57:02 PM

Quote from: Rajbir1994 on November 14, 2019, 10:56:26 AM

What do you think? This is high time to leave Tether and drive into another crypto? I am a little bit confused while reading about Tether fraud from online https://all-stocks.net/featured-the-full-story-of-bitfinex-tether/ Waiting for your reply what to do next. Thank you!

The market disagrees. Tether's market cap has plateaued above $4 billion and shows no signs of dropping: https://coinmarketcap.com/currencies/tether/

Quote from: leavolnhals on November 14, 2019, 11:10:47 AM

If you are too worried about your transactions and assets being disrupted, you should also use a few other stablecoins. In the crypto market, there are many types of stablecoins, such as PAX, USDC, TUSD, ...
You don't need to use USDT and become too nervous. We have many options bro, relax.

The liquidity is lacking on all non-USDT stablecoins though. USDC is okay on Binance, but even as a smaller trader I've struggled at times to get in/out of positions quickly. It's even worse everywhere else.

Quote from: its-a-me-mario on November 14, 2019, 07:59:35 PM

I'm a huge fan of DAI because it's a stablecoin that is decentralized and not backed by USD deposits.

DAI is super cool. I love the idea of hedging USD value with a decentralized token. I just wish the markets were bigger. Coinbase and Kraken launched markets but they are very disappointing.

Yeah one of the biggest issues w/all the different options for stablecoins is that its just spreading liquidity thin across a bunch of base pairs. When it was just USDT that was great since it had lots of volume. Unless exchanges decide to really care that DAI is the most ideal approach to a stablecoin, I don't think it will be a viable trading pair until the overall market has a LOT more liquidity and volume.