Bullshit 99% ppl used BTC-e because it was fast, reliable and trustworthy!
Also 99% where not smugglers, thieves but just miners and investors which used it to trade
Yeah , and 99% used mega upload to share linux versions.
Why would people use btc-e when nobody really knew who the owners are where are the servers or by who it is run.
Because they didn't ask for papers.
Or because they enjoyed the trollbox in which case they really deserve what is happening.
What's the point of using bitcoins If I was to be asked for papers? Fuck this shit. I ain't doin that.
The only exchange I used the most till now was btc-e.com I used them for trading and I used them to mix my coins because I like to keep my addresses tidy and clean. No papers, everything was automated. Only 1 transaction, 1 input. If anybody asks, they came from btc-e
And there is nothing wrong with using them as a mixer. If mixing coins is illegal, USA should start with the mixing companies.
I expected something to happen though. I have fine instincts. Dodged mt.gox because I was too new to crypto, dodged cryptsy too because they had a shitty engine and they just collapsed a few months after I stopped using them. Been holding my coins in my desktop wallet almost since 2015 because people started make complaints on my favorite exchange, btc-e.com That was another sign. I too was seeing btc-e as the most reliable exchange ever existed. Everything was automated and I never had to contact the customer service.
But those complaints were clear signs to stay away. So I moved my coins there only to make trades and withdrew them as soon as I made it. Just to dodge this 3rd bullet. I guess It worked.
My strategy:
1-Always keep coins in a desktop wallet If I am thinking to make trades
2-Always keep coins in a paper wallet If willing to do no trades in the future
3-Never keep coins in an exchange more than a couple of days. Make the trade, withdraw.
*4-* Golden rule: Never ever do any FIAT trades. It chains you to the exchange. You won't be able to get away when you need to. Buy FIAT only when you really mean it.