Author

Topic: if bittrex,yobit,poloniex,c-cex,etc scam? (Read 2000 times)

legendary
Activity: 3444
Merit: 10558
This thread is stupid, just like the hundreds of other broken English topics asking similar questions.   Look at mt. Gox and cryptsy and extrapolate if you're curious.   It doesn't affect bitcoin all that much.

I agree with you on the broken English flooding the forum, but Mt. Gox certainly did affect the bitcoin price. By a whole lot actually.

din't compare Mt. Gox with current exchangers, that was a totally different story in a different day and age. by that time there were not this many exchangers to use for bitcoin exchange, so it was a big ass exchanger that had most of the volume so scamming meant a lot of people getting affected.

2. bittrex, poloniex and c-cex are mostly altcoin exchanger and despite the fact that they have btc-fiat pair they are not affecting the market that much (low volume)
Yobit: who cares about them, they are already shady.
hero member
Activity: 658
Merit: 503
Bear with me
This thread is stupid, just like the hundreds of other broken English topics asking similar questions.   Look at mt. Gox and cryptsy and extrapolate if you're curious.   It doesn't affect bitcoin all that much.

I agree with you on the broken English flooding the forum, but Mt. Gox certainly did affect the bitcoin price. By a whole lot actually.
legendary
Activity: 3332
Merit: 6809
Cashback 15%
This thread is stupid, just like the hundreds of other broken English topics asking similar questions.   Look at mt. Gox and cryptsy and extrapolate if you're curious.   It doesn't affect bitcoin all that much.
hero member
Activity: 770
Merit: 500
all exchanges are a scam i their own way wither its paying to be listed or paying to trade, a good coder could make a decentralized free version and the scams wouldn't work anymore... too bad all alt coins try and fail.
not all altcoins fail to be honest as there are some that stay pretty strong at the moment in my opinion such as ethereum and litecoin or dogecoin, i really like those coins to be honest

i think that these exchanges are definitely not scams, they make their money from the fees that people pay for trading cryptocurrencies and i think this will definitely allow them to make a living
full member
Activity: 183
Merit: 102
all exchanges are a scam i their own way wither its paying to be listed or paying to trade, a good coder could make a decentralized free version and the scams wouldn't work anymore... too bad all alt coins try and fail.
legendary
Activity: 980
Merit: 1000
price bitcoin up or down?
if those exchange are scam and has stole very much bitcoin and dumping the prices i guess yes bitcoin prices will down but for now those are not the biggest bitcoin exchange and most people only use it for altcoins trading activity so i think the possibility is very small
full member
Activity: 180
Merit: 100
Incent
price bitcoin up or down?




Price seems to be down for now. And when the halving starts, price will go down even further. Not an ideal time to sell coins.
hero member
Activity: 560
Merit: 500
Crypto Collector
price bitcoin up or down?

Price down imo because probably hackers would dump the hacked coins on the main markets. We already saw that a few times, like on the Bitstamp's hack
When was this Bitstamp hack? How much was lost in exchange ?

Google it. Cant remeber, but there was a heavy dump that day or day after... http://www.coindesk.com/unconfirmed-report-5-million-bitstamp-bitcoin-exchange/
hero member
Activity: 630
Merit: 500
price bitcoin up or down?

Price down imo because probably hackers would dump the hacked coins on the main markets. We already saw that a few times, like on the Bitstamp's hack
When was this Bitstamp hack? How much was lost in exchange ?
hero member
Activity: 560
Merit: 500
Crypto Collector
price bitcoin up or down?

Price down imo because probably hackers would dump the hacked coins on the main markets. We already saw that a few times, like on the Bitstamp's hack
hero member
Activity: 798
Merit: 1000
price bitcoin up or down?

Don't know what to say, people will lose lots of money so probably they will move to another exchange and a number of them will quit the trading, or quit the cryptocurrency world, i think the price will move up and down (balanced)
hero member
Activity: 1302
Merit: 501
Sovryn - Brings DeFi to Bitcoin
price bitcoin up or down?
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