Novaexchange will close

[ronypro]

I hope everyone get this email today.
My question is what effect it will bring to the market?
Bitcoin price go down? Or its just a little exchange?

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[faithupgrade]

I have a  bitcoin investment in that site,  i can't log anymore.  But it is still a money.  Good thing I have spread my money from different trading sites. Yes the old sayings is right:  Never put all your  eggs in one basket.

I hope everyone get this email today.
My question is what effect it will bring to the market?
Bitcoin price go down? Or its just a little exchange?

[crazyjack]

I hope everyone get this email today.
My question is what effect it will bring to the market?
Bitcoin price go down? Or its just a little exchange?

Yes, we all got their message about foreclosure or better to say about selling off their business.

I guess there will be little to none effect to btc price, it's a small, slow and glitchy exchange.

I hope new owners will organize their business to new advance business model.

[GreatOrchid]

Poor of those people who were investing all their funds into novaexchange in order to make some profit from their trades.. And deeponion has dropped a lot in the last few hours due to this scenario, that project is bleeding just because of this shitty exchange.
I am not interested in deeponion, but a lot of people is loosing a lot of money because of this huge problem.
Anyway, there is no way to stop this, all those who have some funds in there, it would be better if you cash all that money out from there.

[soham]

I have a  bitcoin investment in that site,  i can't log anymore.  But it is still a money.  Good thing I have spread my money from different trading sites. Yes the old sayings is right:  Never put all your  eggs in one basket.

I hope everyone get this email today.
My question is what effect it will bring to the market?
Bitcoin price go down? Or its just a little exchange?

Firstly it is not a bitcoin investment site which offers return on your investment. It's a crypto currency exchange. Don't post anything for the sake of posting and increasing post count. Firstly Novaexchange will close down its operations but they haven't closed down yet. Only new registrations have stopped. You can still use their "forgot password" link and reset your password. Novaexchange will be phased out slowly so that the new management can take it over from the zero. It has not yet closed down, so you can still withdraw your money whatever you have kept with their wallet.

[patt0]

I hope everyone get this email today.
My question is what effect it will bring to the market?
Bitcoin price go down? Or its just a little exchange?

I don't think it will have any effect on the market. If it was coinbase or Bitfinex or bitFlyer, or any other big exchange, it might have an impact assuming people would cash out, and not just withdraw their coins to a wallet or directly to another exchange. If you check coinmarketcap, novaexchange is not even responsible for 1% of bitcoin trading in the last 24h. I wont be even noticed. Anyway is good to see how they are handling this. They are letting everyone know with plenty of time, and allowing it's users to withdraw their funds. This provides trust to the market, so it might actually have a positive impact on the price. But like I said, I really think it will have no impact at all.

[uszaty43]

I got the email, but i dont get it.. i dont understand the real reason of why they are going to close their exchange, is this because of the authorities? or just because they were not making good money from the exchange? maybe it is because a lot of people were dumping their coins from that exchange and some people were not using it anymore.
But who knows? i dont know why it is closing, but i am lucky because i didnt have a single dollar in there.

[LTU_btc]

I don't think it will affect Bitcoin price, their trading volume is far from biggest exchanges. And their closure is only temporarry, they will re-open in hands of new owners.

I got the email, but i dont get it.. i dont understand the real reason of why they are going to close their exchange, is this because of the authorities? or just because they were not making good money from the exchange? maybe it is because a lot of people were dumping their coins from that exchange and some people were not using it anymore.
But who knows? i dont know why it is closing, but i am lucky because i didnt have a single dollar in there.

Oh, did you at least read their announcement? Looks that not. They just have new owners. And they decided to close exchange to move it safely in to hands of new owners. And even if you would had money on Novaexchange, it's not problem, because they give enough time to withdraw funds.

[crypto_Butterfly]

I got the email too. Just tried to login to my Nova account but it could not allowed me in. Wonder if tis onyl me or everyone having login issues. I want to get in and move all my coins out of Nova as soon as possible.

[Hanablue]

Atleast I did not had funds in Novaexchange but it makes me still worried, exchanges are complete risk to save your precious coins. But we always have to use them for trading.

[loremz]

Yes today I withdraw all my coins , but its error , what happened ?

[MMysterious]

Nova Exchange closing don't have much effects on top coins because they are also listed on bigger exchanges. But for coins that are only on smaller exchanges especially on some coins that are only available at Nova Exchange it will have big effects. Heavy dumps most probably on coins where its volume is highly dependent on Nova Exchange.

[kaizerblitz]

I think it just some's ugrades in Novaexchange and i got some email yesterday about that. Novaexchange is a lot of helps for us but it will back soon. There's are so many exchange and i think it will not effect in bitcoin price.

[dimastegar]

Novaexchange. Honestly I just heard not long ago. An exchanger that is not too big and probably not too many users. And reportedly I heard this announcement was made because they will change with the new Owners. And this will not make the price of Bitcoin or Altcoin either down.

[vinc3]

Got coins before I received the e-mail, since stayed there for 3 months got no any issues when in comes to my  funds so I was caught off guard when I received the e-mail, the reason is not yet clear to me but it might be business as usual after the new owner will get into the steering wheel. What is important is that they are giving there clients enough time to move their funds and not like others the ran and left no any words and left their clients hanging suspended in mid air.

[Baofeng]

I hope everyone get this email today.
My question is what effect it will bring to the market?
Bitcoin price go down? Or its just a little exchange?

They are not closing their site, they are transferring it to a new owner. That's why as early as yesterday, they have sent out notification to their user based. And I think it will have no effect to the price of bitcoin because it is not closing. Yes, its not to big and not many users but still they have a good strong customer based here. But if you really want to be safe, then withdraw your coins there and put it somewhere else if you are afraid that you might lose your coins.

[romecheo]

I received email yesterday about this, Lucky to those who already pull out their investment at Novaexchange, it was a normal scenario for some exchanges, who losing on their business.

It won't affect Bitcoin even a little, as what we could see, Bitcoin are raging to the top.

[Caladonian]

I received email yesterday about this, Lucky to those who already pull out their investment at Novaexchange, it was a normal scenario for some exchanges, who losing on their business.

It won't affect Bitcoin even a little, as what we could see, Bitcoin are raging to the top.

it won't as they provide information beforehand, they been hacked once and nothing affect bitcoin, now that they are closing people have funds can transfer their bitcoin if ever that some problem happens it will not be majority and bitcoin can still be transfer properly after.

[cleygaux]

Thank you for this I just remember I had still my btc balance in Nova exchange worth 0.00083127 its money after all time to pull out my coins btw this exchange is not big enough so I think this wont affect much in price in the market.

[shashikamal]

It's officially true that NOVA gonna close.

But for the master - BTC will not be effected. The king has established and most other famous exchanges base currency is BTC.