Why are we allowing Exchanges to rob us?

[manshed]

Endless threads of customers missing money, not getting verified, every man for himself it seems but why are we continually letting them get away with it?

I am interested to know not just for my case but in general are we going to allow this to happen time and time again?  Why are we not rallying together and making this something we can all enjoy and be successful. They are taking down whales and the little man at random and we just go oh well like a bunch of sissies.

We should have their names, locations and fight back if this continues.

This is my story I am sure there are 1000s more. We should make it known and cost them a god like amount of money. Post it everywhere and make them held accountable until all issues are solved. We are letting people walk into fire.

https://bitcointalk.org/index.php?topic=1954567.0

[TryNinja]

You do not need to use any exchange if you don't want too. But do you think that the ecosystem of Bitcoin and the altcoins would be that big if there were no exchanges like we have today? We would have more people being scammed while trying to do P2P exchanges and the market of small altcoins would practically be nonexistent.

About Bittrex, I've been using them and other exchanges for a while and I've never had any issues. Did you even deposited anything there? If so, how much?

[masterbt]

I never trust exchange for long terms. For short term, you have to use it to do certain trades. When you are planning to go cold, always put everthing in cold storage.

[hosseinimr93]

I read your other post about bittrex. I had not experienced your problem. I agree that there are lots of scammers in the web that we are their options. But I don't agree with you that all of us are supposed to get robbed. I myself have not experienced any problem like you since now. There are lots of good and safe wallets we can use them like yobit, cryptopia, poloneix and so many others. once again I should say that what you said bittrex is strange to me. I have not heard what you said about it.

[susila_bai]

OP what you are telling is true but who are day trader and daily trading it for them they cannot withdraw and deposit every time, so i think you have to first check the full details of the exchange and on every week or month check the profit and transfer it to other wallet that is much safer way to be

[olubams]

After reading through what you went through with the exchange site I am sure you are right to complain and if I am the one, I would probably do same especially where it seems no one is responding from their site and my money is going down the drain which is nothing easy to come by. Whether you get your money back or not, I feel this is an eye opener for everyone to learn from and not trust too much money with exchange sites no matter the amount of reputation they have garnered over the years.

[aardvark15]

Endless threads of customers missing money, not getting verified, every man for himself it seems but why are we continually letting them get away with it?

I am interested to know not just for my case but in general are we going to allow this to happen time and time again?  Why are we not rallying together and making this something we can all enjoy and be successful. They are taking down whales and the little man at random and we just go oh well like a bunch of sissies.

We should have their names, locations and fight back if this continues.

This is my story I am sure there are 1000s more. We should make it known and cost them a god like amount of money. Post it everywhere and make them held accountable until all issues are solved. We are letting people walk into fire.

https://bitcointalk.org/index.php?topic=1954567.0

For those of us that want to trade Bitcoins and altcoins, the best way to do that is with an exchange. Unfortunately, there have been a few exchanges that either steal customer money, get hacked and lose the money, or run the business inefficiently and go out of business.

In some of these cases, like MtGox and Cryptsy, the coins are lost and can't be recovered. I lost some coins on Cryptsy and even though we are pretty sure that the owner stole the coins and he can be identified, he can't be found and the coins are hidden. There seems to be no way to get the coins back to the customers. Customers are spread out all over the world and no government goes after the company.

[Rahar02]

If you don't mind, we want to know about your transaction, is that 0.11BTC? They stole 0.11BTC from you?
So, they selective scamming and chose you to stole how much?
If more than 1000 people had been scammed by bittrex and shows their legit evidence, than we should spread this news.
But, your problem even still not 24 hours, right? Let's wait what their customer support reply.
Don't deposit too much money into exchanges if you don't trust them.

[RodeoX]

You should ONLY be dealing with an exchange that is a licensed business in your country.  There are so many people who don't do this and wind up in trouble. I have never had such problems because I could just call the police or have the lawyer send them a demand.

If you are trying to evade taxes or something by using an unlicensed exchange or other method, then the thieves are going to move in and rob you blind. They know there is not a damn thing you can do about it. No one is going to help a criminal get his money back, but if you have the law on your side you have leverage.

[Taki]

Put yourself on the place of an exchanger's creator. You create the site, invest in it and pay to some workers to the process go nonstop. Everything costs money. The work of exchangers can't be free that's obvious, but yes, some sites set impossibly high fees, like Xapo and many other. I think the fee can't be higher than 1$ in other case it's really robbing.

[rumex]

I am tired of these greedy individuals that call themselves exchangers.When I signup with Bittrex their service charge was 20k satosis but immediately BTC pumps up  Bittrex moved their charges to 100k satosis. Can we help ourselves and get our own  exchange.This greed will kill someone.

[manshed]

If you don't mind, we want to know about your transaction, is that 0.11BTC? They stole 0.11BTC from you?
So, they selective scamming and chose you to stole how much?
If more than 1000 people had been scammed by bittrex and shows their legit evidence, than we should spread this news.
But, your problem even still not 24 hours, right? Let's wait what their customer support reply.
Don't deposit too much money into exchanges if you don't trust them.

I was wrong totally and the issue was self inflicted and resolved. However the forum topic is still relevant, we should wipe out any bad boards, it seems that bittrex is fine. The rest, we should allow people to have a poll and so on and make sure we spread any false exchanges. 

[HaXX0R1337]

I was wrong totally and the issue was self inflicted and resolved. However the forum topic is still relevant, we should wipe out any bad boards, it seems that bittrex is fine. The rest, we should allow people to have a poll and so on and make sure we spread any false exchanges. 

I knew your issues will be settled in due time,there are issues with all the exchanges due the heavy influx of new users and thereby some of the exchanges are finding it difficult to handle all the issues they are having and on top of that these exchanges are under heavy DDOS attack and these are the things that makes these delays ,they wont run away with your money but the delay is irritating too.