How Can Bitcoin Grow When All Exchanges are Scams?

[haiyou]

I think such a statement is a bit extreme, what can not be a point of view, to maintain a good attitude is the best

[AGD]

give me famous & trusted exchange site that scam you .

most scam sites is only new sites that work for short time

You clearly have no idea. Google MtGox, BTC-E, Cryptsy and there are a lot more.

Back to topic.
People need to learn, that you don't own Bitcoins, that are held on exchanges, just like you don't own the money you have on your bank account. This money is always at risk beeing held back from you in some way or another.
Only if you control your Bitcoin private keys, you can some kind of say, that you 'own' these coins.

[MattHoo]

Why are you thinking the future of bitcoin is very bad and all exchanges are scams?  I don't think the US government is operating scam sites to rob the people's money. And most of the exchanges are registered with a license, so you don't need to worry about that but prevent from being hacked by the hackers from the internet.

[AlexW333]

the faith of the people who use bitcoin more than shutting down all exchanges..

[Pan Troglodytes]

The future of bitcoin is very bad if the us government is operating scam sites to rob the peoples money.Soo much effort in the usa to poison and damage the people
Bitcoin is great technology but in a world controlled by satan and his lunatic governments -freemason agents -there is no freedom.

THE PEOPLE NEED A NON CENTRALIZED EXCHANGE

I am not getting the general bottom line from your post. Are all exchanges scam or are they controlled by governments? Where are you driving at? Usually when something is controlled by a government it is not considered to be a scam.

In my opinion currently we have  all exchanges non-centralized. If they are scam or no - on that everybody must decide for himself, I am NOT keeping my money on exchanges this much I can tell.

[paolo099]

weird statemente about the need of non centralized exchangers.. can you please tell us at least a name of centralized exchanger? I think you have some confusion about this point.
"everyone" can set up an exchanger, make it works for couple of months and then disappear with others BTC but this can happen in a small bank in your city, nothing new, unless you have your coins in a wallet you own (aka you and only have the private key) you are not owning anything, just some numbers in a website like in your bank account (you check the balance and you have xxx but unless you withdraw the money you have 0).
Exchangers should be used only for trading and not as a wallet, only in this way you are safer.

[bitbunnny]

Another conspiracy theory? Or just some religious fanatic? Exchangers are not govern by governments and satan don't drive the governments, this is just
exaggerated and sound like some children story. As far as I know exchangers are regulated by many different laws, not all of them are doing their job as they should but their purpose is not to scsm you.

[talkbitcoin]

an exchange is just a place where you buy and sell bitcoin, a place for traders. it has nothing to do with bitcoin's growth. and the future of bitcoin is only determined as a payment system that it is, the better it works the bigger it will get.
all these scam exchanges are third party filthy people who want to get rich by robbery not by honest work. and in time people learn how to deal with them by doing things such as never keeping anything on exchanges. and eventually every cryptocurrency exchange would become decentralized and all these scammy centralized ones will join the history.

[pat4cryptoreal]

Most of the exchangers that are situated in some country are being regulated by government, they need to obey the government to still operate their exchangers. Some people call an exchanger scam because of the transaction chargers, we have to know that no one just develop an exchanger for fun. they all want to make money.

[btcprospecter]

How do you come to the assumption that exchanges are scams? Without exchanges there would be no value in bitcoin. There has being exchanges in the past that have scammed.

[Cryptao]

Why don't you name which exchanges are a scam in your opinion?

[alyssa85]

Why don't you name which exchanges are a scam in your opinion?

I think he's referring to Bitfinex and their Tether problem (they claim they've been hacked again).

Also, see the following 4chan thread about tether and bitfinex:

http://boards.4chan.org/biz/thread/4492384

I know the 4chan people can be quite crazy - but there is plenty in that thread to make you concerned.

If you have stuff on bitfinex, move it. There are plenty of other reputable exchanges out there that you can use instead (Gdax, gemini, bitstamp).

[gribble]

The future of bitcoin is very bad if the us government is operating scam sites to rob the peoples money.Soo much effort in the usa to poison and damage the people
Bitcoin is great technology but in a world controlled by satan and his lunatic governments -freemason agents -there is no freedom.

THE PEOPLE NEED A NON CENTRALIZED EXCHANGE

Well i agree with you, if you are talking about the Freemason or secret groups that control our economy system especially in fiat money bitcoin be made to replace this system of currency and all of us has has knew bitcoin is decentralize, transparant in the system of currency, every one can be control of the bitcoin, but i still don't understand about your statement of all exchangers are scam but if you mean is decentralize exchangers, it will be happen couples years later but it will not happening today due to it still need testing to be more secure than centralize exchangers.

[European Central Bank]

the idea that decentralised exchanges will drive mass adoption is laughable.

most people can't program an alarm on their cellphone let alone run clients and nodes while seamlessly juggling atomic swaps.

it needs more competent exchanges like gemini. gemini has a banking charter, regulation and sufficient capitalisation to pay for capacity, developers and compliance. for better or worse we need exchanges that are as reliable as banks.

it's getting there slowly.

[dothebeats]

I think he's referring to Bitfinex and their Tether problem (they claim they've been hacked again).

That would be way off since Bitfinex's problems with USDT has just surfaced a day ago, but it could also be that since Bitfinex has been acting up weirdly for the last month. Anyways, decentralized exchanges are cool, but it needs to be assessed thoroughly first before having some real-time problems with atomic swapping and whatnot. Traditional crypto exchanges have been around since they're easy to use, reliable and efficient. If we are to rely heavily on a seemingly untested platform, we could be putting hundreds of millions of dollars at risk. Exchanges are here to stay. It's just a matter of choosing what works best for your needs.

[whitemacna]

All exchangers are scam' this happens to be the first time I have I have stumbled uponbsuch a comment about an exchanger. However I don't think it has much to do with the growth of bitcoin.Not sure what free masons have to do with anything, but there are a few decentralized ethereum exchanges already.  I imagine its only a matter of time and technological innovation for bitcoin to work on something similar.  Perhaps you could build one yourself, since you recognize the problem?

[hessanseen]

This is completely wrong. In particular, some big exchanges are very formal. You know, the exchange doesn't need to be swindled. They draw the Commission of the transaction, which is a lot of money. The exchange is a very profitable industry. They will strive to maintain their credibility for their business. I don't know why you have such a negative view.

[Yakamoto]

The future of bitcoin is very bad if the us government is operating scam sites to rob the peoples money.Soo much effort in the usa to poison and damage the people
Bitcoin is great technology but in a world controlled by satan and his lunatic governments -freemason agents -there is no freedom.

THE PEOPLE NEED A NON CENTRALIZED EXCHANGE

You seem a bit too eager to think that a majority of the people who are running the various websites are scam artists or con men, government agents or secret society club members. It's time to take a bit of a thinking period and ask yourself if absolutely every single exchange is some kind of grand conspiracy when there's a lot of them that work fine and have had payouts or whatever to the people who use them. I can see the thinking behind the potential of some of these exchanges opening but that's why the established exchanges remain on top.

[Kakmakr]

The problem with decentralized exchanges is the trust. They are decentralized, because they want to stop governments from shutting them down. The government ussually come in, when things goes wrong. In the USA, customers will get scammed and then they turn to the SEC for help.

If these exchanges cannot be taken down <when they turn scam>, then they will just continue doing it.

[marcbitcoins]

The future of bitcoin is very bad if the us government is operating scam sites to rob the peoples money.Soo much effort in the usa to poison and damage the people
Bitcoin is great technology but in a world controlled by satan and his lunatic governments -freemason agents -there is no freedom.

THE PEOPLE NEED A NON CENTRALIZED EXCHANGE

Please be specific with your complaining by giving the complete name and location because not all local exchanges are scam maybe you are referring to investment sites not on local exchanges. You should consider that lot of people are now enjoying earning fiat because of the help of these local exchanges.