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Topic: What if BTC-e shuts down? - page 2. (Read 1930 times)

newbie
Activity: 28
Merit: 0
February 28, 2014, 12:38:18 PM
#16
Only keep what you can afford to lose on the exchanges
sr. member
Activity: 476
Merit: 250
February 28, 2014, 12:36:15 PM
#15
I'd say the biggest worry isn't the BTC, it's the fiat.
Sure, I can transfer my BTC off the exchange and send it back quickly if I want to trade. But if I don't want to have fiat on the exchange I have to withdraw them to my bank, which takes 2-3 days. Then, if the price of BTC goes down, I have to deposit the fiat again.. which takes 2-3 days. See the problem?

I have to have fiat on at least one exchange in order to trade efficiently.
member
Activity: 75
Merit: 10
February 28, 2014, 12:26:46 PM
#14
Why would you use btc-e there are many much better exchanges out there.
I pulled out of mt-gox and btc-e about a year ago seems to have been the right choice.
sr. member
Activity: 266
Merit: 250
February 28, 2014, 12:26:36 PM
#13
Ya, keep your coins off the exchanges. Not smart to leave them there. Keep them long enough there to trade and then transfer.
sr. member
Activity: 434
Merit: 250
In Hashrate We Trust!
February 28, 2014, 12:24:27 PM
#12
Yeah just don't leave your coins on exchanges. That's an awful idea from the start.
I've read several people complaining about BTC

Topic: BTC-e withdrawal issues? https://bitcointalksearch.org/topic/btc-e-withdrawal-issues-459464
sr. member
Activity: 356
Merit: 250
February 28, 2014, 12:22:26 PM
#11
Yeah just don't leave your coins on exchanges. That's an awful idea from the start.
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
February 28, 2014, 12:21:25 PM
#10
What will happen to the bitcoin price of BTC-e shuts down without a warning, and run with your coins?

Who are you going to sue?
Nobody knows which individuals or corporation is behind that russian site.
If it does, it would spell bad news for me since it's located in my country(hint: It's not Russia).
Ukraine?
Bulgaria?
Romania?
White Russia?

Bulgaria is my guess.
sr. member
Activity: 434
Merit: 250
In Hashrate We Trust!
February 28, 2014, 12:20:57 PM
#9
What will happen to the bitcoin price of BTC-e shuts down without a warning, and run with your coins?

Who are you going to sue?
Nobody knows which individuals or corporation is behind that russian site.
If it does, it would spell bad news for me since it's located in my country(hint: It's not Russia).
Ukraine?
Bulgaria?
Romania?
White Russia?
legendary
Activity: 1008
Merit: 1000
Making money since I was in the womb! @emc2whale
February 28, 2014, 12:20:31 PM
#8
It would spell disaster for many more people.
legendary
Activity: 1862
Merit: 1011
Reverse engineer from time to time
February 28, 2014, 12:20:20 PM
#7
What will happen to the bitcoin price of BTC-e shuts down without a warning, and run with your coins?

Who are you going to sue?
Nobody knows which individuals or corporation is behind that russian site.
If it does, it would spell bad news for me since it's located in my country(hint: It's not Russia).
sr. member
Activity: 378
Merit: 250
February 28, 2014, 12:18:35 PM
#6
Lots of the people are learning what the term "unregulated" really means.

This whole gox story will lead to better, more professional and secure exchanges.
yes now we need some Central Authority which check these all things and some security to this btc because now many scams and few are also waiting for us
hero member
Activity: 504
Merit: 500
February 28, 2014, 12:17:10 PM
#5
quit thinking in the old ways.....    brainwashed to think money is safe in a bank.....  so you think bitcoin is safe on an exchange?   


paper wallets....   flash drives.....      keep your own coins......   if you just leave them on an exchange.....   you get what you deserve
UEC
newbie
Activity: 8
Merit: 0
February 28, 2014, 12:00:33 PM
#4
Lots of the people are learning what the term "unregulated" really means.

This whole gox story will lead to better, more professional and secure exchanges.
sr. member
Activity: 434
Merit: 250
In Hashrate We Trust!
February 28, 2014, 11:48:16 AM
#3
Right now all bitcoin exchanges should be considered as a huge risk.
The best thing to do is to withdraw all coins and fiat from all exchanges.
legendary
Activity: 980
Merit: 1004
February 28, 2014, 11:45:58 AM
#2
What will happen to the bitcoin price of BTC-e shuts down without a warning, and run with your coins?

Who are you going to sue?
Nobody knows which individuals or corporation is behind that russian site.

To da moon?
sr. member
Activity: 434
Merit: 250
In Hashrate We Trust!
February 28, 2014, 11:44:50 AM
#1
What will happen to the bitcoin price of BTC-e shuts down without a warning, and run with your coins?

Who are you going to sue?
Nobody knows which individuals or corporation is behind that russian site.
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