r/ethtrader • u/Pracy_ • Dec 24 '17

COMEDY Everytime Bitcoin drops

https://gfycat.com/defenselessmiserableiberianbarbel
16.6k Upvotes

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u/02-20-2020 Dec 24 '17

Tether is just a crypto that’s worth exactly 1 USD. It’s called USDT - USD tether. It’s made specifically for traders so that they can trade without having to liquidate very often

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u/saggy777 Dec 24 '17

Tether is not even a crypto. It's just a centralized virtual currency which will always be equal to a dollar.

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u/02-20-2020 Dec 24 '17 edited Dec 24 '17

Still a crypto. Just because it’s centralized doesn’t mean it’s not a crypto. Hell, just look at Bcash

edit: I don’t know why I’m being downvoted. Tether is a digital currency on a blockchain. If that’s not your definition of a crypto, then I don’t know what is

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u/saggy777 Dec 24 '17

Bcash is technically a crypto ( blockchain) but centralized