4 ms·

That is pure FUD. In the last year there has been less than one tenth of a cent of movement. It is so stable the graph is incredibly zoomed in to show any movem

by mike_d 4y ago

That is pure FUD. In the last year there has been less than one tenth of a cent of movement. It is so stable the graph is incredibly zoomed in to show any movement at all.

ahahahahah 4y ago
> In the last year there has been less than one tenth of a cent of movement That aged well. Tether hit $0.9935 hours after this comment.
- jfk13 4y ago
  Looks like it dipped further to $0.9508, before mostly recovering (currently $0.997). Time will tell, I guess.
dvh 4y ago
They should sell small amount at 0.5 once a month to normalize the charts
- sfshaw 4y ago
  Like a periodic stress test to see how quickly things stabilize themselves?
  - FabHK 4y ago
    No, just to change the scale on the vertical axis of the graph when you look at the 3M (or longer) chart.
throwaway290 4y ago
Tether's probably the least trustworthy one, known to lie about its USD supply[0][1]. The fact that this crash happened with another coin in my eyes only further clears up that the entire field is quite problematic. [0] https://fortune.com/2021/10/15/tether-crypto-stablecoin-fined-reserves/ https://fortune.com/2021/10/15/tether-crypto-stablecoin-fine... [1] https://www.bloomberg.com/news/features/2021-10-07/crypto-mystery-where-s-the-69-billion-backing-the-stablecoin-tether https://www.bloomberg.com/news/features/2021-10-07/crypto-my...