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Title: Does no one else think it's a joke that OKcoin controls the price of bitcoin? Post by: electerium on July 13, 2015, 10:58:39 PM Seriously?
Why do people trade on that garbage website? People get margin called last night in a gigantic wave and the website crashes because of mice, ddos, and floods of connection requests. So what, Greece's leading political party accepts a bailout that is fraught with pot holes and still needs to pass its parliament where now they have to fork over collateral to receive 50b euros, while the ECB literally plans to print 1.2trillion euros within 2 years to crush bond yields. its just puzzling we leave the entire short term faith of bitcoin into a chinese company that has proven to be duplicitous in its behavior for years. But people still think they can trade the shit out of bitcoin while they are just paddling down a river to a waterfall they cant see. just bizarre, really.... Title: Re: Does no one else think it's a joke that OKcoin controls the price of bitcoin? Post by: gentlemand on July 13, 2015, 11:05:56 PM Why do people trade on that garbage website? https://i.imgur.com/DjAIaHD.jpg (http://imgur.com/DjAIaHD) Title: Re: Does no one else think it's a joke that OKcoin controls the price of bitcoin? Post by: Amph on July 14, 2015, 10:16:28 AM i believe that many traders that trade there are chinese only, then when you have something that it's already big since its birth, you know that it will only get bigger, unless some major flaw is discovered and coins are stolen
Title: Re: Does no one else think it's a joke that OKcoin controls the price of bitcoin? Post by: 8up on July 14, 2015, 10:17:34 AM because people like drama.
Title: Re: Does no one else think it's a joke that OKcoin controls the price of bitcoin? Post by: Brewins on July 14, 2015, 11:15:04 AM because of no fees.
Title: Re: Does no one else think it's a joke that OKcoin controls the price of bitcoin? Post by: randy8777 on July 14, 2015, 11:22:26 AM it's not really an issue. if traders on okcoin don't control the price then traders on huobi or bitfinex will. money controls everything, the exchange doesn't matter.
Title: Re: Does no one else think it's a joke that OKcoin controls the price of bitcoin? Post by: willope on July 14, 2015, 12:17:52 PM I don't think okcoin controls the price.
I used to feel that bitfinex is the one that mostly controls it. And sometimes btc-e. Title: Re: Does no one else think it's a joke that OKcoin controls the price of bitcoin? Post by: ElectricMucus on July 14, 2015, 12:23:48 PM its just puzzling we leave the entire short term faith of bitcoin into a chinese company that has proven to be duplicitous in its behavior for years. You are right, we'd rather have that with a Japanese company. Title: Re: Does no one else think it's a joke that OKcoin controls the price of bitcoin? Post by: MF Doom on July 14, 2015, 03:37:55 PM its just puzzling we leave the entire short term faith of bitcoin into a chinese company that has proven to be duplicitous in its behavior for years. You are right, we'd rather have that with a Japanese company. Haha. But really these are important issues for btc, the fact that these large exchanges are seemingly incompetent and/or shady. Not sure I really trust any of them at the moment. Title: Re: Does no one else think it's a joke that OKcoin controls the price of bitcoin? Post by: RodeoX on July 14, 2015, 03:38:56 PM No one controls the price. ::)
Title: Re: Does no one else think it's a joke that OKcoin controls the price of bitcoin? Post by: massimies on July 14, 2015, 04:43:23 PM NotSoOkCoin does have Mount Cocks like vibes. :-\
Title: Re: Does no one else think it's a joke that OKcoin controls the price of bitcoin? Post by: solid12345 on July 14, 2015, 06:21:50 PM No one controls the price. ::) Personally I think the BTC market is more rigged than the NYSE with its trading bots. Title: Re: Does no one else think it's a joke that OKcoin controls the price of bitcoin? Post by: gotmilk_ on July 14, 2015, 07:28:45 PM Most of the traders try to profit by looking at the okcoin price movement... I listened to whaleclub teamspeak once, they were screaming like little girls every time okcoin price moved for 5CNY. This is the real problem.
Title: Re: Does no one else think it's a joke that OKcoin controls the price of bitcoin? Post by: RodeoX on July 14, 2015, 08:17:15 PM No one controls the price. ::) Personally I think the BTC market is more rigged than the NYSE with its trading bots. A) "The market is being manipulated!!!!!" B) "Oh, how do you know?" A) "because I just lost $300!!!" B) "Hmmm..." |
