The Deception of bter.com goes like this,
The owner of bter.com, who have high differences between the values of the currency CENT in his website against any other currency trading markets made simply this:
It prevents users from doing CENT DEPOSIT to their account in his site, except himself,
that is what actually causing the gap of 1200% between the currency markets will be maintained, and now the owner can always do the conversion himself, 1200% all the time.
Buying Cent/LTC in price of 0.00000001 in cryptsy, and selling them back in value of 0.00000012 in his site.
The proof is that they meet all SUPPORT TICKET except those requests for currency.
Lets do something about this!
Current CENT price on Cryptsy is 0.00000002 XPM!!!
Current CENT price on BTer is 0.00000023 LTC!!!
it takes about 7 XPM to even equal 1 LTC so this Guy is making a FORTUNE by having all CENT deposits Disabled
For the last several Days the 24h Volume on BTer for CENT/CNY was ~1,500,000 Yuan and is currently ~550,000 Yuan right now
https://www.cryptocoincharts.info/v2/markets/show/bter CENT/CNY 0.02518 mCNY 20,936,839,434.60 CENT 531,587.07 CNY 0.00 BTCI find it interesting that this is the only CNY pair that never is given a daily BTC Volume either and this weekend was over $250,000 USD a Day! which puts it very high on the list for them.
So much GREED!!!! The OP is right, we need to keep pro-active and stop just looking the other way on these things. If not to only strengthen the Bitcoin Community alone but to stop our fellow traders being Scammed by paying 5000%+ the price of this coin and NOT allowing Anyone to Deposit CENT onto the Site but Himself. These are HUGE Profits