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155UE
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July 29, 2016, 10:51:04 PM |
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So etheruem classic is not an alternate coin but an exchange? Now I am really confused about how ethereum works.
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Carlton Banks
Legendary
Offline
Activity: 3430
Merit: 3080
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July 29, 2016, 11:13:27 PM |
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How is this particular "scam" one of the biggest and longest serving exchanges in Bitcoin? Whatever their drawbacks, BTC-e.com have outlasted every other exchange out there, and they still have high trading volumes and is therefore still highly relevant in the market. Put another way: the lack of office, licence, postal address or other credentials doesn't seem to have effected their business much. For over 4 years.
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Vires in numeris
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Cuidler
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July 29, 2016, 11:16:56 PM |
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I think it just screams "BTC-e owner/s have vested interests in ETH/Vitalik" instead.
If ethereum has to be usefull for smart contracts, these cannot be reversed everytime someone just legitimately executes a contract with unforseen result the creator do not like.
It proves ethereum is useless now, but ETC seems more appealing should the ethereum be improved and useable for smart contracts in the future - which is a big question itselves.
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bjman
Newbie
Offline
Activity: 35
Merit: 0
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July 30, 2016, 03:47:58 AM |
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This is interesting since BTCe always used to say they did not allow trading of pre-mined coins--yet they support ETH.
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CoinBreader
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July 30, 2016, 07:35:41 AM |
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How is this particular "scam" one of the biggest and longest serving exchanges in Bitcoin? Whatever their drawbacks, BTC-e.com have outlasted every other exchange out there, and they still have high trading volumes and is therefore still highly relevant in the market. Put another way: the lack of office, licence, postal address or other credentials doesn't seem to have effected their business much. For over 4 years. yes but then again...wait to see what will happens when a hacker attack them and lost people currencys , we must learn from our past mistakes , not say hey look this time it works better ..!
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maydna
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July 30, 2016, 07:44:57 AM |
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So etheruem classic is not an alternate coin but an exchange? Now I am really confused about how ethereum works. do not be confused, as long as that ethereum can give us profit, just continue to buy and sell. but when the rate is down too deep, i think it is wise to stop it and make a little stock while watching the market and waiting for the other news from the devs.
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Denker
Legendary
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Activity: 1442
Merit: 1016
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July 30, 2016, 08:39:56 AM |
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So etheruem classic is not an alternate coin but an exchange? Now I am really confused about how ethereum works. Don't get confused. Ethereum Classic (ETC) is an altcoin.And BTC-e is an exchange who now say they will not allow ETC getting traded on their platform because in their opinion it is a scam.I guess they got drained out of all ETC by replay attack and that's why they are going this way now.
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isvicre
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July 30, 2016, 10:29:35 AM |
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I think it just screams "BTC-e owner/s have vested interests in ETH/Vitalik" instead.
If ethereum has to be usefull for smart contracts, these cannot be reversed everytime someone just legitimately executes a contract with unforseen result the creator do not like.
It proves ethereum is useless now, but ETC seems more appealing should the ethereum be improved and useable for smart contracts in the future - which is a big question itselves.
I doubt btc-e owners have vested interests. They are probably millionaires, and they control a hugely popular market. If they wanted to make more money they would do it in a less obvious way.
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NorrisK
Legendary
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Activity: 1946
Merit: 1007
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July 30, 2016, 10:38:16 AM |
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So etheruem classic is not an alternate coin but an exchange? Now I am really confused about how ethereum works. Don't get confused. Ethereum Classic (ETC) is an altcoin.And BTC-e is an exchange who now say they will not allow ETC getting traded on their platform because in their opinion it is a scam.I guess they got drained out of all ETC by replay attack and that's why they are going this way now. According to their statement, people have already been sending their ether (which attached etc) to poloniex and therefore btc-e has no acces to the etc anymore. Now, people are demanding to get etc for the eth they held during the fork. Likely exactly those people already send their eth to poloniex to benefit from this and now try to get double the etc from btc-e. I still think this whole deal with eth and etc is a massive mistake and poloniex is partly to blame by empowering the etc movement so fast after the fork.
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mayax (OP)
Legendary
Offline
Activity: 1470
Merit: 1004
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July 30, 2016, 05:24:59 PM |
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I think it just screams "BTC-e owner/s have vested interests in ETH/Vitalik" instead.
If ethereum has to be usefull for smart contracts, these cannot be reversed everytime someone just legitimately executes a contract with unforseen result the creator do not like.
It proves ethereum is useless now, but ETC seems more appealing should the ethereum be improved and useable for smart contracts in the future - which is a big question itselves.
I doubt btc-e owners have vested interests. They are probably millionaires, and they control a hugely popular market. If they wanted to make more money they would do it in a less obvious way. do not underestimate the greed. also, we are not talking about peanuts(like 30k-50k USD) BTC-e owners ran HYIPs before BTC-e, when LR was the king of e-currencies.
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marky89
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July 30, 2016, 11:16:46 PM |
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I have always supported BTC-E, despite allegations of shadiness or operating in the dark. But this is very, very disappointing and I think they have no excuse here. I think I need to pull my funds off BTC-E. Never thought I would say that, TBH.
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anama
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July 31, 2016, 12:37:30 AM |
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much exchanger is troble about ethereum hard fork and ethreum old is mean ethereum classic about ETH vS ETC much exchanger is canceled about ETC and much trader is lost money only poloniex is not trouble not problem about ethreum classic
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isvicre
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July 31, 2016, 12:28:53 PM |
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I think it just screams "BTC-e owner/s have vested interests in ETH/Vitalik" instead.
If ethereum has to be usefull for smart contracts, these cannot be reversed everytime someone just legitimately executes a contract with unforseen result the creator do not like.
It proves ethereum is useless now, but ETC seems more appealing should the ethereum be improved and useable for smart contracts in the future - which is a big question itselves.
I doubt btc-e owners have vested interests. They are probably millionaires, and they control a hugely popular market. If they wanted to make more money they would do it in a less obvious way. do not underestimate the greed. also, we are not talking about peanuts(like 30k-50k USD) BTC-e owners ran HYIPs before BTC-e, when LR was the king of e-currencies. Do you have a source? I'm interested to read about this.
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