Bitcoin Forum

Economy => Service Discussion => Topic started by: 600watt on September 19, 2013, 09:09:42 AM



Title: kraken !?
Post by: 600watt on September 19, 2013, 09:09:42 AM
why has kraken´s progress so little impact on this forum? the bitcoin economy needs more exchanges. why is there so little fuzz overhere about this one? or did i miss something ?


Title: Re: kraken !?
Post by: greyhawk on September 19, 2013, 09:11:53 AM
Who in the what now?


Title: Re: kraken !?
Post by: Kluge on September 19, 2013, 09:18:05 AM
Why would I want a giant, terrifying, mythological octopus-thing managing my coin orders?


Title: Re: kraken !?
Post by: greyhawk on September 19, 2013, 09:24:43 AM
Why would I want a giant, terrifying, mythological octopus-thing managing my coin orders?

Ph’nglui mglw’nafh Cthulhu R’lyeh wgah’nagl fhtagn.


Title: Re: kraken !?
Post by: Totscha on September 19, 2013, 10:27:24 AM
Sure there's a dicussion. It's in the Service announcement section: https://bitcointalk.org/index.php?topic=290799 (https://bitcointalk.org/index.php?topic=290799)

The problem is that they are very cautious about regulatory compliance, and they have yet to support US and Germany. The two groups that would provide a lot of liquidity. I kind of like it, cause they're usualy the first ones to be supported everywhere else. They need to know how it feels  ;D

Hence it's not that popular right now...  ;)


Title: Re: kraken !?
Post by: patryn on September 20, 2013, 12:42:33 AM
Very little volume, very few clients. Really no point in trading there yet. Total volume over the last 24h I believe was 2.5 coins.


Title: Re: kraken !?
Post by: dragonfruit on September 20, 2013, 12:48:41 AM
No, total volume was $2.5 USD..


Title: Re: kraken !?
Post by: btcx on September 20, 2013, 07:46:59 PM
Very little volume, very few clients. Really no point in trading there yet. Total volume over the last 24h I believe was 2.5 coins.

Two problems right now:  no USD trading yet and illiquid market.  If you want to help out, put a few small orders up.  We're never going to get to a huge volume if everyone waits around for a huge volume to appear before they begin trading.


Title: Re: kraken !?
Post by: adpinbr on September 21, 2013, 12:45:15 AM
I'm happy to see another litecoin exchange, i think that when/if gox implements ltc you will see a lot of people using kraken for leverage opportunities, but till then most people aren't really looking for a reason to move exchanges


Title: Re: kraken !?
Post by: btcx on September 21, 2013, 01:28:17 AM
...but till then most people aren't really looking for a reason to move exchanges


and some people couldn't move if they wanted to:  Mt.Gox Withdraw Freeze - Day 40 (https://bitcointalk.org/index.php?topic=295070.0)


Title: Re: kraken !?
Post by: adpinbr on September 21, 2013, 07:15:57 AM
Bro if the opportunity presents they will by btc at a premium and come to you exchange. People that think they can trade will take the 10% loss for a margin oppurtunity.
PS I love kraken and Jesse