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Topic: Which Bitcoin Exchange do you use and why ? - page 36. (Read 107048 times)

hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
you can see today's exchange rate on Asmoney it is really good we can earn there good money if you guys want to exchange BTC to $$
current rate on site is "Per Bitcoin 386.17 $ ". i think this really nice rate this time as compare to other Exchange sites Smiley
newbie
Activity: 6
Merit: 0
I'm quite new to Bitcoin world and I have just heard about Coinbase.

It's good to see many other names here. I'll try to go to their sites and compare to see which one is better for me.

hero member
Activity: 543
Merit: 500
I have been using btc-e for a long period of time now and the performance is great, but I may try Circle (or Coinbase if it expands operation to my place) soon as well. Smiley
hero member
Activity: 2184
Merit: 513
Moonbet.io | Web3 Casino
these days i am using Asmoney.com Exchange for my BTC  . Easy Deposit / Withdrawal:-
Simple transfers to and from Bitcoin / Litecoin and other transfer options.Support multi-currencies :-Support the most common currencies and Cryptographic currencies (Bitcoin/Litecoin)
full member
Activity: 518
Merit: 101
Currenty using justcoin.com. I have no problem so far. Deposits and withdrawal are very fast.
sr. member
Activity: 311
Merit: 264
its crazy how btc-e still stands. only based on the cheap rates and I remember hearing so many bad stories with them about deposits.

I`d recommend bitstamp out of everything.

Can u please provide the links of any wrongdoing by BTC-e ?

Here are a couple of threads I found with Google search:
https://bitcointalksearch.org/topic/btc-e-dot-com-scam-and-unprofessional-beware-217697
https://bitcointalksearch.org/topic/btc-e-scamming-selectively-344888
https://bitcointalksearch.org/topic/how-to-get-btc-e-to-respond-to-support-tickets-366785
https://bitcointalksearch.org/topic/avoid-btc-e-update-partly-resolved-after-7-weeks-426543

I am not sure if the accusations are valid or not though.

Given the ease of trading they are offering, I think a lot of people will now switch to Circle. Does anyone know whether they are showing any standard Buy/Sell rate in dashboard ? Unlike coinbase there is no API by Circle.
hero member
Activity: 653
Merit: 500
September 05, 2014, 01:34:19 PM
its crazy how btc-e still stands. only based on the cheap rates and I remember hearing so many bad stories with them about deposits.

I`d recommend bitstamp out of everything.

Can u please provide the links of any wrongdoing by BTC-e ?

Here are a couple of threads I found with Google search:
https://bitcointalksearch.org/topic/btc-e-dot-com-scam-and-unprofessional-beware-217697
https://bitcointalksearch.org/topic/btc-e-scamming-selectively-344888
https://bitcointalksearch.org/topic/how-to-get-btc-e-to-respond-to-support-tickets-366785
https://bitcointalksearch.org/topic/avoid-btc-e-update-partly-resolved-after-7-weeks-426543

I am not sure if the accusations are valid or not though.
legendary
Activity: 2394
Merit: 1216
The revolution will be digital
September 04, 2014, 06:07:26 PM
its crazy how btc-e still stands. only based on the cheap rates and I remember hearing so many bad stories with them about deposits.

I`d recommend bitstamp out of everything.

Can u please provide the links of any wrongdoing by BTC-e ?
hero member
Activity: 686
Merit: 500
A pumpkin mines 27 hours a night
September 04, 2014, 04:03:46 PM
I mostly use Bitstamp, it's a decent exchange for people located in Europe, they've got fast SEPA transfers, reasonable fees and the order book is deep enough even for bigger trades. I do trust them for the most part, I guess. There's also Kraken, but they're putting up so many verification hurdles that don't seem to work and their new fee structure is meh. It's not that bad, but still...
sr. member
Activity: 252
Merit: 250
September 04, 2014, 04:00:49 PM
its crazy how btc-e still stands. only based on the cheap rates and I remember hearing so many bad stories with them about deposits.

I`d recommend bitstamp out of everything.
legendary
Activity: 1120
Merit: 1000
September 04, 2014, 03:37:02 PM
Is ot possible for an exchange to just pump & dump coins ? Are not they just a platform ? Traders can do that I believe...

Theoretically, the exchange can "fake" some buy or sell orders to push the price up or down.
For example, there was a willy bot on mtgox and some people suggested it was the reason for bitcoin price to hit $1200.
yes it is a game,
sometimes several exchanger do the selling and buying prices to stabilize the market price even to raise prices,
so that exchanger still exist and not lag behind the other exchanger.

If an exchange bot is buying at a higher margin, then wont the exchange lose itself ?

If the exchange successfully create an illusion that there are lots of new buyers, it could possibly create a "fake" good news and drive the price up.
And the exchange could sell the bitcoin slowly then.
legendary
Activity: 2394
Merit: 1216
The revolution will be digital
September 04, 2014, 10:38:39 AM
Is ot possible for an exchange to just pump & dump coins ? Are not they just a platform ? Traders can do that I believe...

Theoretically, the exchange can "fake" some buy or sell orders to push the price up or down.
For example, there was a willy bot on mtgox and some people suggested it was the reason for bitcoin price to hit $1200.
yes it is a game,
sometimes several exchanger do the selling and buying prices to stabilize the market price even to raise prices,
so that exchanger still exist and not lag behind the other exchanger.

If an exchange bot is buying at a higher margin, then wont the exchange lose itself ?
sr. member
Activity: 476
Merit: 255
September 02, 2014, 08:40:57 PM
Is ot possible for an exchange to just pump & dump coins ? Are not they just a platform ? Traders can do that I believe...

Theoretically, the exchange can "fake" some buy or sell orders to push the price up or down.
For example, there was a willy bot on mtgox and some people suggested it was the reason for bitcoin price to hit $1200.
yes it is a game,
sometimes several exchanger do the selling and buying prices to stabilize the market price even to raise prices,
so that exchanger still exist and not lag behind the other exchanger.
hero member
Activity: 625
Merit: 500
September 02, 2014, 06:27:41 PM
Is ot possible for an exchange to just pump & dump coins ? Are not they just a platform ? Traders can do that I believe...

Theoretically, the exchange can "fake" some buy or sell orders to push the price up or down.
For example, there was a willy bot on mtgox and some people suggested it was the reason for bitcoin price to hit $1200.
member
Activity: 108
Merit: 10
September 02, 2014, 05:54:49 PM
At the moment I'm pretty much just using Bittrex, BTC-e, Localbitcoin and Cryptsy.

Localbitcoin is the quickest way for me to buy / sell btc, Cryptsy used to be ok back in the day though I don't use them much anymore. Mintpal probably deserves a mention.
legendary
Activity: 2394
Merit: 1216
The revolution will be digital
September 02, 2014, 05:13:42 PM
BTC-e and Cryptsy are the ones I use primarily, but if I'm dumping coins that aren't on those sites, I have to go where they're traded. Cryptsy has a massive amount of coins to trade with and is the most practical, but sometimes having BTC-e's lower Bitcoin value or the like is favorable. BTC-e and BitFinex are actually lower than most trading sites because of the fact that they offer their traders leverage. This makes it so that someone with a leverage of x2 can trade with $200 instead of $100. While this sounds like a good deal, if you loose the $200, you have to pay back the $100 leverage. That makes for the value to be usually lower than other sites.

I hate Cryptsy for many reasons, one of them is that they allways seam to pump value to useless coins and then dump afterwards.
Over and over again, it alse happens that certain sh*tcoin that i have is getting pumped, and when i transfer it there, it doesnt get credited until the dump is over, even tho it has more than enough confirmations.
Responses from support are allways useless, they resolve issues, but only after loss is certain.

On the other hand, btc-e has shown me nothing but good experience, im only sad they removed skrill (ex moneybookers) withdraw Sad
It was so handy..

Is ot possible for an exchange to just pump & dump coins ? Are not they just a platform ? Traders can do that I believe...
sr. member
Activity: 311
Merit: 264
I use Bitstamp, and localbitcoins for buying/selling my bitcoin and btc-e for some bitcoin trading. Smiley


What is the difference between bitcoin buying/selling and bitcoin trading ?
member
Activity: 84
Merit: 10
Using Mintpal simply because i enjoy the layout and volume.
hero member
Activity: 543
Merit: 500
I use Bitstamp, and localbitcoins for buying/selling my bitcoin and btc-e for some bitcoin trading. Smiley
hero member
Activity: 546
Merit: 500
I am using btc-e exchange.
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