WTF?
Bitstamp: 464.99
BTC-e: 430
Bitfinex: 463
Exchange pump bots can't arbitrage.
If BTC-e ran with the money is there anything anyone could do about it? It just smells like up coming scandal to me. I was wonder what everyone else thought?
Im actually buying some coins, but I wonder if I should sell a few (over a 100) and buy them back since I can almost guarantee that sometime tonight well test 400 and then rebuy.. Ive been burned in the passed doing this, but i think this may be a fairly good bet..
Thoughts?
I am a holder and dont plan on selling, I just think this downward spiral isn't over with and this may be a good time to take advantage of a for sure bear market as this isn't a trap (I think). I know im taking a chance.. but either way, Id buy them back even if I had to take a loss.
Ill probably chicken out and just hold, but im thinking about it..
Probably a bad idea but who really knows for sure.
BTC-e is the only exchange that ever gave me back all my coin when they were hacked. I've been fucked by all the rest. I'm still waiting for TradeHill and CryptoXChange to pay me.
Never got on board tradehill or cryptoxchange so lucky me. I just can't help but to think something is going on over there at btc-e. Maybe it's nothing...
I actually like BTC-e the most as well. Greater price fluctuations on downturns, but they don't screw with their prices, there seems to be fewer exchange based bots designed to squeeze you on the trade spread, and they don't reverse trades. I honestly trust their price more than the others right now although, who the hell knows.
Who reversed trades on you? Also I can't be the only one who feels this way. Do you wire money over to them then? I saw that was the only option for usa traders.
When the prices were more evenly spread, I sent a few coins over there to diversify my holdings between exchanges. I figured that way, if somebody got froggy I'd still be ok... and I'd be able to take advantage of opportunities like that.
Anyhow, when I have money on BTC-e I make money... when I have it with Finex I lose it and lose it quick. They're awful. Tons of malfunctions, they even put in some orders I didn't request a couple times yesterday, you get super screwed on the spread, and their pump bot has run amok. I felt totally f---ing molested yesterday by them. BUT, that sounds like FUD and I am new so you could easily blame it on the trader (me!!!). That's all just to say... I kinda like BTC-e, I don't think they'll Gox you, and I trust their price more right now as a harbinger for things to come. That might be wrong, though. I am not even trading right now because the whole market has gotten so far out of hand at this point.