Topic: Bittrex - getting scary there now? are they about to go cryptsy??? (Read 8434 times)
This thread is over a year old and somewhat confusing in the rantings
August 13, 2017, 09:49:03 AM
Why are you surprised? Bittrex is famous for listing tons of random shitcoins, meanwhile legit coins have a lot of problems getting on there. But you can't blame them. If a coin brings a ton of traffic, that's money that they are making on transaction fees. DASH is an instamined scam too and it's on Poloniex and a ton of other exchanges too, but people want to speculate, so let them speculate.
What I hate about Bittrex and the reason im not using it, is that they ask for a ton of personal information even to trade between cryptocurrencies. I want to buy 0.5 BTC worth of a coin that is only listed on Bittrex, and they ask me all that information about me. Why?? All other exchanges including Poloniex, let you make small crypto investments without verifications.
I can't trust crypto exchanges, I don't know if they are going to get hacked and my information sold somewhere. I wish we already got decentralized exchanges so we don't have to deal with potential scammers just to invest on some altcoin.
What I hate about Bittrex and the reason im not using it, is that they ask for a ton of personal information even to trade between cryptocurrencies. I want to buy 0.5 BTC worth of a coin that is only listed on Bittrex, and they ask me all that information about me. Why?? All other exchanges including Poloniex, let you make small crypto investments without verifications.
I can't trust crypto exchanges, I don't know if they are going to get hacked and my information sold somewhere. I wish we already got decentralized exchanges so we don't have to deal with potential scammers just to invest on some altcoin.
August 13, 2017, 09:36:50 AM
I'm still using Bittrex to trade
So far no problem
I could be so lucky
So far no problem
I could be so lucky
April 20, 2016, 01:07:01 PM
Bittrex still have best security and they are almost without errors and downfalls..But this can't be sad for other exchanges, and nobody attacking them. Cryptsy is different story, and l believe Bittrex will stay with us for a long time!
April 19, 2016, 03:43:04 PM
Why else would they list a full on scam coin like steem?
Because clueless people trade them, just because the coin is new. And the dev selfbuying also generates fees for them. You don't have to participate if you don't want to.
Trex just helps flushing the stupid money out of the market quicker. If you need someone holding your hand and protecting you from your own choices maybe crypto isn't for you?
April 19, 2016, 02:57:39 PM
Ive used bittrex for quite some time now and not had any reasons to beleive it is a scam site. Its actualy on one of my more trusted lists 
April 19, 2016, 02:23:24 PM
You want to know: Is bittrex scam?
Ask you then also this question: Is cryptoland scam with all this p&d scammer?
I think many of us know the answers of both questions!
Cheers
Ask you then also this question: Is cryptoland scam with all this p&d scammer?
I think many of us know the answers of both questions!
Cheers
April 19, 2016, 12:12:59 PM
they add coins that make them money, just like any other exchange. It's a business.
Yes and i'm using their services over two years and i'm very pleased, they are very professional! Never had any problem with them. I don't want to talk about theirs decisions which coins to be added, they many times have stopped suspicious ico-s on request of community.. 
April 19, 2016, 09:37:31 AM
I love to trade on this exchange right before I sold my last holdings of DASH on its prime. Also been hearing rumors about Bittrex accepting scamcoins on their exchange. Maybe some people working on bittrex do have some deals with the devs of such coins (aside from what they already charge when you enlist a coin). Personally, I wouldn't just touch any of these coins, but to think that the exchange I'm trading on supports or approves the shit, well it's a different story.
Oh and btw, afaik Cryptsy tried to avoid IPO shitcoins and those shitcoins went on trex first before finding another exchange. Cryptsy simply went nuts.
Oh and btw, afaik Cryptsy tried to avoid IPO shitcoins and those shitcoins went on trex first before finding another exchange. Cryptsy simply went nuts.
+1 Cryptsy simply went nuts
April 19, 2016, 09:35:08 AM
I love to trade on this exchange right before I sold my last holdings of DASH on its prime. Also been hearing rumors about Bittrex accepting scamcoins on their exchange. Maybe some people working on bittrex do have some deals with the devs of such coins (aside from what they already charge when you enlist a coin). Personally, I wouldn't just touch any of these coins, but to think that the exchange I'm trading on supports or approves the shit, well it's a different story.
Oh and btw, afaik Cryptsy tried to avoid IPO shitcoins and those shitcoins went on trex first before finding another exchange. Cryptsy simply went nuts.
Oh and btw, afaik Cryptsy tried to avoid IPO shitcoins and those shitcoins went on trex first before finding another exchange. Cryptsy simply went nuts.
April 19, 2016, 09:30:20 AM
Bittrex is a scam because they list a "scamcoin" ? ahahahaha what is your logic behind this ? I made a lot of money trading scamcoins = buy cheap , sell high = bye bye
Regarding Bittrex , they list a coin = take their commissions on each trades , if trading volume is very low = they delist it = end of the story !
Regarding Bittrex , they list a coin = take their commissions on each trades , if trading volume is very low = they delist it = end of the story !
April 19, 2016, 09:11:55 AM
forgot about this gem
https://minkiz.co/coin/bittrexits/
https://minkiz.co/coin/bittrexits/
April 18, 2016, 05:44:05 PM
So cryptohunter just invented 'go cryptsy'. 'Damn, I went cryptsy for the month again', he said.
April 18, 2016, 05:33:43 PM
http://fuk.io/tag/bittrex-scam/
by Kingscrown
I was not the only one who could see clearly what they were doing.. it was OBVIOUS !
by Kingscrown
Quote
Altcoin Scams in Last 30 Days
During last 30 days there were around 5 scam coins that made a lot of people loose over 400BTC total (!) and make them really mad.
The coin were made a bit different but had some common ground, all were added fast to Bittrex exchange / IPOminer pool and all had short PoW phase.
Some were with hidden premine [ie ELITE took down block explorer then put up premine and dumped it to the ground] or had premine from start but dumped it before anybody expected [ONYX]. There were also more fancy coins like USB but mainly idea is same – hidden or known premine gets fully dumped and everybody stays with useless coins.
On a side note there was/is also a funny scam exchange – FRESHEX.org which actually never deposits coins just steals them. Never use it!
During last 30 days there were around 5 scam coins that made a lot of people loose over 400BTC total (!) and make them really mad.
The coin were made a bit different but had some common ground, all were added fast to Bittrex exchange / IPOminer pool and all had short PoW phase.
Some were with hidden premine [ie ELITE took down block explorer then put up premine and dumped it to the ground] or had premine from start but dumped it before anybody expected [ONYX]. There were also more fancy coins like USB but mainly idea is same – hidden or known premine gets fully dumped and everybody stays with useless coins.
On a side note there was/is also a funny scam exchange – FRESHEX.org which actually never deposits coins just steals them. Never use it!
I was not the only one who could see clearly what they were doing.. it was OBVIOUS !
April 18, 2016, 04:50:34 PM
I am watching recent development of bittrex with big interest, was my favourite exchange for quite some time.
April 18, 2016, 03:54:22 PM
They have their share of scammy greedy stupidity.. these are the same guys that added BlockNET ..nuff said .
Historically Crtyptsy did a better job of avoiding adding shitty scam IPO coins.
Historically Crtyptsy did a better job of avoiding adding shitty scam IPO coins.
Seems to be the consensus. Let Bittrex be Bittrex. They list utter garbage and it trades like crazy for a few weeks and the whole show moves to the next P&D sham.
But I am fine with it. It helps build and maintain the best trading platform out there. And half of the listed coins are decent, just avoid the crap that trades top vol.
Bittrex entire business model is based on scam coins. Without them Shittrex wouldn't have survived this long.
Craptsy was a scam and shitcoin exchange, but usually the shittiest scam coins showed up on shittrex first and many died there before even making it to craptsy.
Craptsy was a scam and shitcoin exchange, but usually the shittiest scam coins showed up on shittrex first and many died there before even making it to craptsy.
That nailed it. Bittrex entire business model is volume trading in the ICO crap. That's what they do. But they also run a good exchange that seems to function and work for trading both crap and not-crap coins.
Bittrex - getting scary there now? are they about to go cryptsy???
if you want to use that headline then that means
-wallet maintenance is complete joke (and known good coins (not shit coins)) can some how NEVER be up dated, lolz Mullick
-you can't withdraw BTC/LTC/Doge (disregard P&D shit coins with dead networks)
-funds disappear
-website disappears
-office/HQ is locked and vacated
-owner has fled to a non extradition country
you are right. the headline of this topic is populism.
i started reading because of this. if the title of the topic is something like "blabla coin is a scam" i would not have opened that topic.
but he is right. exchanges that behave like that support scams.
April 18, 2016, 03:31:58 PM
they add coins that make them money, just like any other exchange. It's a business.
Except they specialize in IPO / ICO scams and ALL of them are scams
..which is why Cryptsy didn't rarely ever add them.
They also think they are clever.
Ipominers.com ?
It was was obvious when that was running they were in cahoots with Bittrex.
April 18, 2016, 01:22:54 PM
Heres one I caught today on the Edon coin project which is going to be listed in a couple of hours:
https://bitcointalksearch.org/topic/m.14584399
https://medium.com/@icocountdown/edon-delisted-from-icocountdown-com-5b58ce9c5937#.ild4a0zde
Use due dilligence please and spread the message.
https://bitcointalksearch.org/topic/m.14584399
https://medium.com/@icocountdown/edon-delisted-from-icocountdown-com-5b58ce9c5937#.ild4a0zde
Use due dilligence please and spread the message.
April 18, 2016, 01:19:48 PM
They have their share of scammy greedy stupidity.. these are the same guys that added BlockNET ..nuff said .
Historically Crtyptsy did a better job of avoiding adding shitty scam IPO coins.
Historically Crtyptsy did a better job of avoiding adding shitty scam IPO coins.
Seems to be the consensus. Let Bittrex be Bittrex. They list utter garbage and it trades like crazy for a few weeks and the whole show moves to the next P&D sham.
But I am fine with it. It helps build and maintain the best trading platform out there. And half of the listed coins are decent, just avoid the crap that trades top vol.
Bittrex entire business model is based on scam coins. Without them Shittrex wouldn't have survived this long.
Craptsy was a scam and shitcoin exchange, but usually the shittiest scam coins showed up on shittrex first and many died there before even making it to craptsy.
Craptsy was a scam and shitcoin exchange, but usually the shittiest scam coins showed up on shittrex first and many died there before even making it to craptsy.
That nailed it. Bittrex entire business model is volume trading in the ICO crap. That's what they do. But they also run a good exchange that seems to function and work for trading both crap and not-crap coins.
Bittrex - getting scary there now? are they about to go cryptsy???
if you want to use that headline then that means
-wallet maintenance is complete joke (and known good coins (not shit coins)) can some how NEVER be up dated, lolz Mullick
-you can't withdraw BTC/LTC/Doge (disregard P&D shit coins with dead networks)
-funds disappear
-website disappears
-office/HQ is locked and vacated
-owner has fled to a non extradition country
April 18, 2016, 01:05:09 PM
i think it is unfair to call them another cryptsy just because they have added a shitcoin.
cryptsy was doing a lot of shit behind the scene and there were a lot of signs for their run aways before the actual scam.
besides i checked coinmarketcap and the daily volume of the said coin is $21,000 so i guess that is a big factor for them to add it and as i see, they are the only one having this coin.
as unusualfacts30 said this is a business and they will go where the money is.
cryptsy was doing a lot of shit behind the scene and there were a lot of signs for their run aways before the actual scam.
besides i checked coinmarketcap and the daily volume of the said coin is $21,000 so i guess that is a big factor for them to add it and as i see, they are the only one having this coin.
as unusualfacts30 said this is a business and they will go where the money is.
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