Topic: Class action suit planned against Hitbtc. (Read 198 times)
Last week, I wasn't able to transfer some of my coins fron my regular wallet to my trading wallet for about 24 hours. Missed some great opportunities and learned my lesson. Luckily, however, I was able to withdraw – but it costs around $6 to withdraw ETH.
I can't really see a rational reason why HitBTC would try to scam. There are more people than ever entering the crypto world and looking for an exchange. I just hope they are having some issues and are fixing them as we speak. Would hate to see that much people losing the funds they had tried to deposit or withdraw from HitBTC. Despite what i wrote, it feels shady 
Those who still use HitBTC deserve to get robbed. 
This might probably happen very soon. The complaints against HitBTC are full to the brim, in fact overflowing already. I hope they will answer these complaints one by one or else there will definitely be a backlash of supporters. And considering that HitBTC is not really a small exchange site, it is a very big waste of opportunity for the HitBTC team. I guess there are some serious glitches somewhere and the HitBTC team is doing their best to iron out everything.
I have no idea what is going on with Hitbtc, but in the weeks leading up to Cryptsy's shut down it got harder and harder to withdraw. Some coins were able to be withdrawn, like BTCD while others, BTC and LTC were not. If it looks bad and you want to get your coins out you may want to see if any coins are able to be withdrawn and then just buy that coin and get it off that exchange. Good luck.
I just came across a post in a forum, that a class action suit has been planned against Hitbtc.
A lot of people cannot withdraw their profits.
That brings me to the point I want to make.
Why do companies start listing their coins on such crappy exchanges?
I would never deposit my money in order to buy a new coin there, what good are potential profits if you cannot withdraw your money?
But in the meantime "trading" has been going on and when eventually a coin will hit a reputable exchange, the price has already multiplied several times, if it is a good coin.
So a trader will never have the chance to buy a good coin for a cheap price, if this coin starts out at a crappy exchange like Hitbtc.
Even for the most promising profits I would never deposit my money at Hitbtc.
Is that mean the problem that already happened by so many people in hitbtc still not resolved? We know that hitbtc included in the major exchange site which already gained a lot of interest from the traders. A lot of people cannot withdraw their profits.
That brings me to the point I want to make.
Why do companies start listing their coins on such crappy exchanges?
I would never deposit my money in order to buy a new coin there, what good are potential profits if you cannot withdraw your money?
But in the meantime "trading" has been going on and when eventually a coin will hit a reputable exchange, the price has already multiplied several times, if it is a good coin.
So a trader will never have the chance to buy a good coin for a cheap price, if this coin starts out at a crappy exchange like Hitbtc.
Even for the most promising profits I would never deposit my money at Hitbtc.
Companies start to listing their on such crappy exchange caused by the major exchange just like bittrex or even bitfinex need a lot of the development progress to be the thing that can be considered as valuable reason to listed the coin in there.
I just came across a post in a forum, that a class action suit has been planned against Hitbtc.
A lot of people cannot withdraw their profits.
That brings me to the point I want to make.
Why do companies start listing their coins on such crappy exchanges?
I would never deposit my money in order to buy a new coin there, what good are potential profits if you cannot withdraw your money?
But in the meantime "trading" has been going on and when eventually a coin will hit a reputable exchange, the price has already multiplied several times, if it is a good coin.
So a trader will never have the chance to buy a good coin for a cheap price, if this coin starts out at a crappy exchange like Hitbtc.
Even for the most promising profits I would never deposit my money at Hitbtc.
A lot of people cannot withdraw their profits.
That brings me to the point I want to make.
Why do companies start listing their coins on such crappy exchanges?
I would never deposit my money in order to buy a new coin there, what good are potential profits if you cannot withdraw your money?
But in the meantime "trading" has been going on and when eventually a coin will hit a reputable exchange, the price has already multiplied several times, if it is a good coin.
So a trader will never have the chance to buy a good coin for a cheap price, if this coin starts out at a crappy exchange like Hitbtc.
Even for the most promising profits I would never deposit my money at Hitbtc.
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