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Topic: Bittrex - getting scary there now? are they about to go cryptsy??? (Read 8453 times)

full member
Activity: 504
Merit: 107
A non technical guy in a technical world
This thread is over a year old and somewhat confusing in the rantings
legendary
Activity: 1204
Merit: 1028
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.
full member
Activity: 1554
Merit: 116
0xe25ce19226C3CE65204570dB8D6c6DB1E9Df74AC
I'm still using Bittrex to trade
So far no problem
I could be so lucky  Grin
sr. member
Activity: 476
Merit: 250
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!
hero member
Activity: 742
Merit: 500

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?


sr. member
Activity: 266
Merit: 250
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 Wink
hero member
Activity: 666
Merit: 500
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   Kiss
sr. member
Activity: 476
Merit: 250
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..
hero member
Activity: 493
Merit: 504
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.


+1 Cryptsy simply went nuts Smiley
legendary
Activity: 3542
Merit: 1352
Cashback 15%
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.
hero member
Activity: 493
Merit: 504
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 Smiley

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 !
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
sr. member
Activity: 448
Merit: 252
So cryptohunter just invented 'go cryptsy'.    'Damn, I went cryptsy for the month again', he said.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
http://fuk.io/tag/bittrex-scam/

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!

I was not the only one who could see clearly what they were doing.. it was OBVIOUS !
legendary
Activity: 2688
Merit: 1240
I am watching recent development of bittrex with big interest, was my favourite exchange for quite some time.
legendary
Activity: 1498
Merit: 1117
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.

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.

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.


legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
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.
hero member
Activity: 1008
Merit: 500
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.
legendary
Activity: 1470
Merit: 1010
Join The Blockchain Revolution In Logistics
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.

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.

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
hero member
Activity: 1470
Merit: 655
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.
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