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RE: Bitcoin will collapse this July. Make money out of it! $$$

in #bitcoin7 years ago

Usdt? I dont agree that is a safe place to hold it :) Personally I will use them and put the rest into SP. Seems to me to be a small error but it might pay itself off later on.

Reason I dont agree with usdt is that it does not have a unified value between exchanges and due to this the market prices gets skewed.

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No crypto has the same value throughout exchanges, and there's always chances of arbitraging during volatile periods. Having said this, 1 USDT is backed by 1 USD, therefore the price always ranges between 0.95-1.05 depending on liquidity of the market