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Topic: the emerging volume on Kraken - page 2. (Read 3975 times)

legendary
Activity: 2170
Merit: 1427
January 28, 2015, 07:47:55 AM
#29
well after all the rubbish disaster that gox and bitstamp created, people will surely look for the third alternative, and it's not btc-e apparently

btc-e lost player cuz they dont want to involve some coin that they asked on chat so apparently people like to have more coin to trade.

BTC-E is a more than decent exchange.

I like them because they don't add shitcoins just to make a few extra bucks.

Site admin have stated to not add any altcoin because they are insta/pre-mined.

Instead, they are delisting TRC, FTC, XPM... Says enough.

Glad they are delisting those coins, first ive heard of it. BTC-e is a good exchange but they have added and delisted many shit coins since i've been trader there for about 2 years.  Remember china coin? lol

ChinaCoin was a real flop  Cheesy  They clearly have learned their lesson.

The only altcoin that generates decent volume for BTC-e is Litecoin.

Curious to see when they finally get rid of NovaCoin.
legendary
Activity: 1358
Merit: 1001
https://gliph.me/hUF
January 28, 2015, 04:01:48 AM
#28

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. [...]
full member
Activity: 122
Merit: 100
January 28, 2015, 03:45:21 AM
#27
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
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
January 28, 2015, 02:36:41 AM
#26
well after all the rubbish disaster that gox and bitstamp created, people will surely look for the third alternative, and it's not btc-e apparently

btc-e lost player cuz they dont want to involve some coin that they asked on chat so apparently people like to have more coin to trade.

BTC-E is a more than decent exchange.

I like them because they don't add shitcoins just to make a few extra bucks.

Site admin have stated to not add any altcoin because they are insta/pre-mined.

Instead, they are delisting TRC, FTC, XPM... Says enough.

you got that right most of users left cuz of that i have some amount on them cuz i like the graph for coins and it was my first exchange so will never leave them.
legendary
Activity: 924
Merit: 1000
January 28, 2015, 02:27:32 AM
#25
I'd love to see Kraken embrace more alts. The only reason why I have to use BTC-E, is that they have nice volume with couple of interesting alts.
The alts are dead. Only 8 alts still have a market cap above $10M. Ripple is the last remaining altcoin with a market cap above $100M. LTC has fallen below that threshold.  So has Paycoin, after the collapse of the "funded $20 support level" from GAW miners.

With most of the alts, the creators own a big fraction of the market cap, so liquidity is much smaller than price x coins created.

To me, this sounds like someone saying in 84' that the personal computer segment is dead, because we already have macintosh 128k. To me, bitcoin has been dead for more then a year already. In my perspective, it's bloated and it's fundamental properties like PoW mining and fixed coin supply is highly flawed. And most importantly, gambling with it brings little gain, while the risk stays high. While gambling during the times of volatility, then alts are my best earners. 2014 has been about +160% for me, while those who can only sit on their bitcoins have mostly suffered a loss.


I've done a lot of BTC buying on kraken.com and it worked very well and fast.

But I wouldn't leave anything on an exchange for long. Deposit something - make your trade - withdraw your balance, all within the same day, then you'll be fine.
legendary
Activity: 876
Merit: 1000
January 28, 2015, 02:23:00 AM
#24
I'd love to see Kraken embrace more alts. The only reason why I have to use BTC-E, is that they have nice volume with couple of interesting alts.
The alts are dead. Only 8 alts still have a market cap above $10M. Ripple is the last remaining altcoin with a market cap above $100M. LTC has fallen below that threshold.  So has Paycoin, after the collapse of the "funded $20 support level" from GAW miners.

With most of the alts, the creators own a big fraction of the market cap, so liquidity is much smaller than price x coins created.

To me, this sounds like someone saying in 84' that the personal computer segment is dead, because we already have macintosh 128k. To me, bitcoin has been dead for more then a year already. In my perspective, it's bloated and it's fundamental properties like PoW mining and fixed coin supply is highly flawed. And most importantly, gambling with it brings little gain, while the risk stays high. While gambling during the times of volatility, then alts are my best earners. 2014 has been about +160% for me, while those who can only sit on their bitcoins have mostly suffered a loss.
legendary
Activity: 1204
Merit: 1002
January 28, 2015, 01:13:07 AM
#23
I'd love to see Kraken embrace more alts. The only reason why I have to use BTC-E, is that they have nice volume with couple of interesting alts.
The alts are dead. Only 8 alts still have a market cap above $10M. Ripple is the last remaining altcoin with a market cap above $100M. LTC has fallen below that threshold.  So has Paycoin, after the collapse of the "funded $20 support level" from GAW miners.

With most of the alts, the creators own a big fraction of the market cap, so liquidity is much smaller than price x coins created.
sr. member
Activity: 241
Merit: 250
January 27, 2015, 10:18:23 PM
#22
I like LakeBTC, for the fast withdrawal and trading security

Quote
A bitcoin exchange is not just another technology company, but more importantly, also a financial one. There's no denying that SSL encryptions, cold storage, 2-factor authentication, and SMS confirmations are important, but risk management and internal controls are really what matters to financial institutions in the long run. When the black swan comes, people may appreciate all these experience and measures better. https://lakebtc.com/p/7064?locale=en
sr. member
Activity: 241
Merit: 250
January 27, 2015, 10:00:57 PM
#21

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. 
it is ridiculous to trust a exchange for your reason.
hero member
Activity: 910
Merit: 1000
January 27, 2015, 03:53:58 PM
#20
Kraken worked well for me, only a little delay in the verification process. Deposits and withdrawals have usually been same-day.
legendary
Activity: 2268
Merit: 1278
January 27, 2015, 02:35:23 PM
#19
There are usually signs.

The main thing for me is CS. Verification was fast and mostly painless, they use physical 2FA, any questions I have are answered quickly and politely and usually to my satisfaction. Any of that starts to change, it might be time to reconsider.
legendary
Activity: 966
Merit: 1000
January 27, 2015, 12:47:07 PM
#18
I'm thinking Coinbase will take many of Kraken's US customers.
*most of us customers Wink
hero member
Activity: 910
Merit: 1000
January 27, 2015, 11:53:32 AM
#17
I'm thinking Coinbase will take many of Kraken's US customers.
legendary
Activity: 3248
Merit: 1070
January 27, 2015, 11:41:31 AM
#16
well after all the rubbish disaster that gox and bitstamp created, people will surely look for the third alternative, and it's not btc-e apparently
What if Kraken is waiting for high volume before pulling an Mt Gox? its difficult to trust exchanges at this point.

i trust kraken, never had any problem with, them, and the important thing is that they don't require ID for low amount, i have always hated when they need that for "security" reason, when then they have plenty of security holes, how funny "cough bitstamp cough"
legendary
Activity: 1316
Merit: 1000
January 27, 2015, 11:21:24 AM
#15
well after all the rubbish disaster that gox and bitstamp created, people will surely look for the third alternative, and it's not btc-e apparently

btc-e lost player cuz they dont want to involve some coin that they asked on chat so apparently people like to have more coin to trade.

BTC-E is a more than decent exchange.

I like them because they don't add shitcoins just to make a few extra bucks.

Site admin have stated to not add any altcoin because they are insta/pre-mined.

Instead, they are delisting TRC, FTC, XPM... Says enough.

Glad they are delisting those coins, first ive heard of it. BTC-e is a good exchange but they have added and delisted many shit coins since i've been trader there for about 2 years.  Remember china coin? lol
legendary
Activity: 1358
Merit: 1014
January 27, 2015, 09:03:00 AM
#14
well after all the rubbish disaster that gox and bitstamp created, people will surely look for the third alternative, and it's not btc-e apparently
What if Kraken is waiting for high volume before pulling an Mt Gox? its difficult to trust exchanges at this point.
legendary
Activity: 2170
Merit: 1427
January 27, 2015, 08:45:34 AM
#13
well after all the rubbish disaster that gox and bitstamp created, people will surely look for the third alternative, and it's not btc-e apparently

btc-e lost player cuz they dont want to involve some coin that they asked on chat so apparently people like to have more coin to trade.

BTC-E is a more than decent exchange.

I like them because they don't add shitcoins just to make a few extra bucks.

Site admin have stated to not add any altcoin because they are insta/pre-mined.

Instead, they are delisting TRC, FTC, XPM... Says enough.
legendary
Activity: 1246
Merit: 1000
January 27, 2015, 08:27:51 AM
#12
Kraken's volume is growing now because of the Euro dropping against USD.
legendary
Activity: 876
Merit: 1000
January 27, 2015, 07:31:09 AM
#11
I'd love to see Kraken embrace more alts. The only reason why I have to use BTC-E, is that they have nice volume with couple of interesting alts.
Otherwise, I think that BTC-E is as shady as can be. They are actually constantly banning out people from the trollbox, who think that bitcoins price will drop more, or if someone gives constructive criticism towards the mechanics of bitcoin. And these aren't some rare short-length bans, these bans are regular and last 7-30days. No cursing or foul language involved either. Just disagree with the "to the moooon" howling moderator and get banned for your opinion.

I'll celebrate the day when I don't have to use BTC-E any longer.
legendary
Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
January 27, 2015, 07:02:25 AM
#10
well after all the rubbish disaster that gox and bitstamp created, people will surely look for the third alternative, and it's not btc-e apparently

btc-e lost player cuz they dont want to involve some coin that they asked on chat so apparently people like to have more coin to trade.
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