At the moment we seem to have some emerging volume from coinbase hopefully it can continue to grow. kraken volume is consistent.
Topic: the emerging volume on Kraken (Read 3975 times)
At the moment we seem to have some emerging volume from coinbase hopefully it can continue to grow. kraken volume is consistent.
I think the bitcoin exchanges should not have alts, because all alts would be gone soon. they appeared only in order to cater to speculators, there is no significance for the alts continue to existence.
that's why the professional exchange such as bitstamp or lakebtc, they reject any alts
Now bitstamp' and lakebtc' price stopped on bitcoincharts, what happened with their api? (both they are re-added to the coindesk BPI since they suspended by something wrong.)that's why the professional exchange such as bitstamp or lakebtc, they reject any alts
Lakebtc say they were having a DOS attack yesterday and the site was not accessible. That was probably why its price stopped on bitcoincharts.
At the moment we seem to have some emerging volume from coinbase hopefully it can continue to grow. kraken volume is consistent.
this can be good thing or not
I think the bitcoin exchanges should not have alts, because all alts would be gone soon. they appeared only in order to cater to speculators, there is no significance for the alts continue to existence.
that's why the professional exchange such as bitstamp or lakebtc, they reject any alts
Now bitstamp' and lakebtc' price stopped on bitcoincharts, what happened with their api? (both they are re-added to the coindesk BPI since they suspended by something wrong.)that's why the professional exchange such as bitstamp or lakebtc, they reject any alts
At the moment we seem to have some emerging volume from coinbase hopefully it can continue to grow. kraken volume is consistent.
no mater what something big is coming or it will emerge from somewhere but that dont mean that we all have to do this or that like they want it
I don't think BitStamp is dead just yet, actually I think they'll do just fine. BUT: Many people are going to want to play it safe, which is wise, and do their trades on Kraken. It's the go-to choice for people located in Europe, apart from Stamp and maybe Finex.
If a exchange gets hacked ONCE the stab of distrust stays forever, and people start migrating towards other exchange (that will eventually get hacked too). And so the bitcycle continues.
Lets just hope the winklebros fix this.
Gox showed us that this isn't the case at all. There have been many instances of problems with Gox over the years, yet people stored hundreds and thousands of BTC on it. If Stamp proves they do hold the BTC and FIAT, they're safe. I think they may be more careful than others since they took a hit.
Well people was naive before the Gox debacle. Things have evolved now, thats why Winklevoss are getting serious with it.
Was there much choice of exchanges with bg volume when Gox dominated the market? I thought people used it because there were no other options for selling big quantities of bitcoins. They knew there were big problems there but had no real alternative.
First there was not much choice and in the last months of MtGox traders were drawn to this exchange like flies are drawn to the light by the arbitrage possibilities.
I don't think BitStamp is dead just yet, actually I think they'll do just fine. BUT: Many people are going to want to play it safe, which is wise, and do their trades on Kraken. It's the go-to choice for people located in Europe, apart from Stamp and maybe Finex.
If a exchange gets hacked ONCE the stab of distrust stays forever, and people start migrating towards other exchange (that will eventually get hacked too). And so the bitcycle continues.
Lets just hope the winklebros fix this.
Gox showed us that this isn't the case at all. There have been many instances of problems with Gox over the years, yet people stored hundreds and thousands of BTC on it. If Stamp proves they do hold the BTC and FIAT, they're safe. I think they may be more careful than others since they took a hit.
Well people was naive before the Gox debacle. Things have evolved now, thats why Winklevoss are getting serious with it.
Was there much choice of exchanges with big volume when Gox dominated the market? I thought people used it because there were no other options for selling big quantities of bitcoins. They knew there were big problems there but had no real alternative.
I don't think BitStamp is dead just yet, actually I think they'll do just fine. BUT: Many people are going to want to play it safe, which is wise, and do their trades on Kraken. It's the go-to choice for people located in Europe, apart from Stamp and maybe Finex.
If a exchange gets hacked ONCE the stab of distrust stays forever, and people start migrating towards other exchange (that will eventually get hacked too). And so the bitcycle continues.
Lets just hope the winklebros fix this.
Gox showed us that this isn't the case at all. There have been many instances of problems with Gox over the years, yet people stored hundreds and thousands of BTC on it. If Stamp proves they do hold the BTC and FIAT, they're safe. I think they may be more careful than others since they took a hit.
Well people was naive before the Gox debacle. Things have evolved now, thats why Winklevoss are getting serious with it.
I don't think BitStamp is dead just yet, actually I think they'll do just fine. BUT: Many people are going to want to play it safe, which is wise, and do their trades on Kraken. It's the go-to choice for people located in Europe, apart from Stamp and maybe Finex.
for now safe is the best choice.
most do this hopping to see some bigger change then it will be rush hour
I don't think BitStamp is dead just yet, actually I think they'll do just fine. BUT: Many people are going to want to play it safe, which is wise, and do their trades on Kraken. It's the go-to choice for people located in Europe, apart from Stamp and maybe Finex.
If a exchange gets hacked ONCE the stab of distrust stays forever, and people start migrating towards other exchange (that will eventually get hacked too). And so the bitcycle continues.
Lets just hope the winklebros fix this.
Gox showed us that this isn't the case at all. There have been many instances of problems with Gox over the years, yet people stored hundreds and thousands of BTC on it. If Stamp proves they do hold the BTC and FIAT, they're safe. I think they may be more careful than others since they took a hit.
I don't think BitStamp is dead just yet, actually I think they'll do just fine. BUT: Many people are going to want to play it safe, which is wise, and do their trades on Kraken. It's the go-to choice for people located in Europe, apart from Stamp and maybe Finex.
If a exchange gets hacked ONCE the stab of distrust stays forever, and people start migrating towards other exchange (that will eventually get hacked too). And so the bitcycle continues.
Lets just hope the winklebros fix this.
People looking for an alternative to Bitstamp are most likely moving over to Kraken. Where should people in the EU go to otherwise, it's the most obvious exchange for them to go to! As soon as Bitstamp proves they still do have all the coins and FIAT-funds people may come back eventually.
I don't think BitStamp is dead just yet, actually I think they'll do just fine. BUT: Many people are going to want to play it safe, which is wise, and do their trades on Kraken. It's the go-to choice for people located in Europe, apart from Stamp and maybe Finex.
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Don't get me wrong. I like Kraken and use them here and there.
I'm just saying just because this or that person is involved with a service it should not necessarily be a major deciding factor. Another example: RV also is invested in blockchain.info. Now that's a service I certainly won't use, but again it has nothing to do with RV's involvement.
I wont use that service either now but i would have before. With 2 equal services if there are known people who have a lot to lose by being known involved in one vs an anonymous one i'd favor the first.
That being said BTC-e is first class from my experience.
See?
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Don't get me wrong. I like Kraken and use them here and there.
I'm just saying just because this or that person is involved with a service it should not necessarily be a major deciding factor. Another example: RV also is invested in blockchain.info. Now that's a service I certainly won't use, but again it has nothing to do with RV's involvement.
I wont use that service either now but i would have before. With 2 equal services if there are known people who have a lot to lose by being known involved in one vs an anonymous one i'd favor the first.
That being said BTC-e is first class from my experience.
Kraken seems like a safe bet im not surprised its growing, looking for it to be up with bitstamp in a year. The CEO is known and trusted + very good technically. The site is also backed by roger ver.
RV also backed Mt Gox. https://www.youtube.com/watch?v=y4SCAw264qM
The three of them (MK, RV, Jesse Powell) are/were actually buddies of sorts:
http://www.wired.com/2014/03/bitcoin-exchange/
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[...] After Mt. Gox was hacked for the first time in summer of 2011, a friend asked Powell to help out, and soon, the San Francisco entrepreneur found himself on a plane to Tokyo. After landing, he rushed to Shibuya station, where he was met by his friend, Roger Ver, one of the world’s biggest bitcoin supporters who just happened to live across the street from Mt. Gox. Without bothering to drop off Powell’s bags, the two rushed to the Mt. Gox offices to see what they could do. They worked through the week with Karpeles, other employees, and a handful of other bitcoin enthusiasts. [...]
Ok yeah that connection isnt great and also i should had used the words roger ver is an investor in kraken. If its some elaborate scam with all 3 i find it hard to believe. RV has since condemned MK. Hard to say for sure with incomplete information.
Don't get me wrong. I like Kraken and use them here and there.
I'm just saying just because this or that person is involved with a service it should not necessarily be a major deciding factor. Another example: RV also is invested in blockchain.info. Now that's a service I certainly won't use, but again it has nothing to do with RV's involvement.
I use kraken for sepa withdrawls within the EU, amazing service, cannot fault them. I do some trading on the exchange but volume can be pretty low, it's generally a case of waiting for the larger price movements to make profit, trading fees are on a tiered system and start out pretty high in my opinion.
Kraken seems like a safe bet im not surprised its growing, looking for it to be up with bitstamp in a year. The CEO is known and trusted + very good technically. The site is also backed by roger ver.
RV also backed Mt Gox. https://www.youtube.com/watch?v=y4SCAw264qM
The three of them (MK, RV, Jesse Powell) are/were actually buddies of sorts:
http://www.wired.com/2014/03/bitcoin-exchange/
Quote
[...] After Mt. Gox was hacked for the first time in summer of 2011, a friend asked Powell to help out, and soon, the San Francisco entrepreneur found himself on a plane to Tokyo. After landing, he rushed to Shibuya station, where he was met by his friend, Roger Ver, one of the world’s biggest bitcoin supporters who just happened to live across the street from Mt. Gox. Without bothering to drop off Powell’s bags, the two rushed to the Mt. Gox offices to see what they could do. They worked through the week with Karpeles, other employees, and a handful of other bitcoin enthusiasts. [...]
Ok yeah that connection isnt great and also i should had used the words roger ver is an investor in kraken. If its some elaborate scam with all 3 i find it hard to believe. RV has since condemned MK. Hard to say for sure with incomplete information.
Kraken looks great to me, would love to open an account over there, but liquidity just isn't right yet. Reasonably sized market order easily incurs slippage of up to 5% by my estimates. That's just not an option.
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