USDT is for the exchange to manipulate when there's an arbitrage between exchanges for BITCOIN

it's used by Bitfinex and POLO
lets say COINBASE BTC is 2700, POLO BTC is 2600, so u might want to buy the POLO price, but at that time USDT price will be adjusted higher.

normal rate USD 1 = 1Teter
when the prices are torn between 2 exchanges, USD1.03 = 1Tether. (lets say BTC POLO cheaper by 3%, then the rate becomes USD1.03 = 1Tether)

effectively the USDT is adjusted to make POLO price same as buying at COINBASE

https://coinmarketcap.com/assets/tether/
the day when BTC drop i saw 1.01 fluctuate to 1.05

why not change to FIAT? like.. LUNO into ringgit ?

well, i have option to keep in SGD or IDR...

mr allngap, remember, starting today +2 days and another 14 days cycle, look at the trend of market

just remember when u see super low price at POLO/BITFINEX, u gotta use USDT to purchase
and that USDT ratio they jack up.
so you dont buy lower than other exchanges actually.

thats the bomoh magic with USDT

If this works out, starting 21st July, miners will start officially signalling for SegWit2x.
When that happens and it is consistently more than 80%, SegWit is pretty much a done deal.
Confidence in bitcoin will soar and price will surge, most likely drawing in fresh money from outside, but also taking up market cap from other altcoins.
Altcoins will see a temporary decrease in market cap and prices.
Conclusion, cheap altcoins toward end of July.

However, things could change as quickly as the weather, so keep an eye on this SegWit2x news.

With the Transaction Accelerator for delayed transactions, you can submit any TXID that includes a minimum fee of 0.0001BTC/KB.

Bittrex has frozen all deposits and withdrawals of BTC pending BTG fork.

Tarak but if you kept a huge amount, grats on keeping!

Wow, then I guess you are a long time investor and a pro already. Must learn from u edi.