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Author Topic: btc-e now has the biggest daily volume  (Read 2490 times)
zby (OP)
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January 08, 2014, 12:07:39 PM
 #1

Any speculations based on this?
silverston
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January 08, 2014, 02:30:38 PM
 #2

because it is the best Exchange  Wink

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Wilhelm
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January 08, 2014, 07:03:19 PM
 #3

because it is the best Exchange  Wink

Yep they rob their customers Wink
Just to clarify I know someone who lost 2 BTC without getting any confirmation emails... nothing... I don't trust them any more.

Bitcoin is like a box of chocolates. You never know what you're gonna get !!
pietje
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January 08, 2014, 07:23:17 PM
 #4

I heard more rumours about dissapeared coins. Never had any problems myself so far, and its pretty nice to change to alts sometimes.
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January 08, 2014, 07:29:23 PM
 #5

Btce users will point out a 100btc trade on gox while ignoring the 1000btc trade that just happened at the same time on their own exchange.
Walsoraj
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January 08, 2014, 07:31:47 PM
 #6

BTCe volume is about as real as that on Houbi.

Side note: Anyone else find it interesting that BTCe's trade engine can handle such extraordinary volume, not just bitcoin but all the alts too, without significant lag? Hmm...

*edit*

Also interesting are the frequent account log outs after dumping begins. How much does one have to pay the operators to get dump priority?
MAbtc
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January 08, 2014, 07:33:04 PM
 #7

because it is the best Exchange  Wink

Yep they rob their customers Wink
Just to clarify I know someone who lost 2 BTC without getting any confirmation emails... nothing... I don't trust them any more.
I'm skeptical of some of the stories I hear about BTC-E. Yes -- support is abysmal. People freak out when funds aren't credited, etc. and no can speak English to them. LOL. But most claims I see like this follow a pattern: newbie goes apeshit, accuses BTC-E of scamming, then disappears after the issue was presumably resolved -- without ever mentioning the outcome.

It's by far my favorite exchange. Good trade engine, low commissions, no dox, very volatile. I've been trading there since April and never had a problem. (Of course, I don't deposit and withdrawal fiat.)

Btce users will point out a 100btc trade on gox while ignoring the 1000btc trade that just happened at the same time on their own exchange.
It's really insane. Yesterday I remember we rallied ~ $35 or so in 5 minutes, seemingly on the basis of a ~60 BTC market buy on Gox. Then fell right back...
TERA
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January 08, 2014, 07:37:12 PM
 #8

BTCe volume is about as real as that on Houbi.

Side note: Anyone else find it interesting that BTCe's trade engine can handle such extraordinary volume, not just bitcoin but all the alts too, without significant lag? Hmm...
I don't think its fake, just a lot of bots in play and the fee is low compared to other exchanges. I've been able to do large trades there just fine. As for the speed, I always thought it was the vodka-powered Russian engineering. It really is a great platform to use. When the shit is hitting the fan(high volume), you can count on btce to run like a well-oiled Russian nuclear war machine while all the other exchanges crap out.
Walsoraj
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January 08, 2014, 07:42:25 PM
 #9

BTCe volume is about as real as that on Houbi.

Side note: Anyone else find it interesting that BTCe's trade engine can handle such extraordinary volume, not just bitcoin but all the alts too, without significant lag? Hmm...
I don't think its fake, just a lot of bots in play and the fee is low compared to other exchanges. I've been able to do large trades there just fine. As for the speed, I always thought it was the vodka-powered Russian engineering. It really is a great platform to use. When the shit is hitting the fan(high volume), you can count on btce to run like a well-oiled Russian nuclear war machine while all the other exchanges crap out.

What do you think those bots are doing? They are likely owned by the same trader or a small group working together. I wouldn't be surprised to learn they have a special no-fee arrangement with BTCe.
N12
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January 08, 2014, 07:44:56 PM
 #10

False data and manipulation everywhere.

I see that bitcoincharts' 30d data differs from bitcoinity's hugely for some reason. On bitcoinity, btc-e is third with 569k, but on bitcoincharts it is first with 844k.

Compare:
http://bitcoincharts.com/markets/
http://bitcoinity.org/markets/list?currency=USD&span=30d

Goes to show how little you can trust those websites. Sad
Walsoraj
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January 08, 2014, 07:48:59 PM
 #11

http://bitcoinwisdom.com/markets/huobi/btccny

^LOL! Huge volume leaves Huobi and mysteriously pops up on BTCe? hahaha. Pretty clear what's going on.
mellowyellow
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January 08, 2014, 07:54:10 PM
 #12

http://bitcoinwisdom.com/markets/huobi/btccny

^LOL! Huge volume leaves Huobi and mysteriously pops up on BTCe? hahaha. Pretty clear what's going on.

Yes, the Chinese went to bed and Europe just got home from work.

Honestly if you put half as much energy into learning and actually trading than trying to reduce the price so you can buy you'd be a gazillionnaire.
Walsoraj
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January 08, 2014, 08:01:44 PM
 #13

http://bitcoinwisdom.com/markets/huobi/btccny

^LOL! Huge volume leaves Huobi and mysteriously pops up on BTCe? hahaha. Pretty clear what's going on.

Yes, the Chinese went to bed and Europe just got home from work.

Honestly if you put half as much energy into learning and actually trading than trying to reduce the price so you can buy you'd be a gazillionnaire.

Not likely. I don't actually view links before posting them.
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January 08, 2014, 08:13:07 PM
 #14

I like the platform, fast and volatile making for some good trading.

No problems except for two orders that were only partially filled and no notice given. I lost out on making good money on one and significantly increasing my coins on the other. That's only two trades out of MANY, everything has been good to go.
I send my coins from BTC-E to Coinbase when I want to cash out.
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January 08, 2014, 08:30:41 PM
 #15

LTC is NEXT big thing, EOD!

BTC-e was first to see it right!

Rest all losers!

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January 08, 2014, 08:33:56 PM
 #16

So the fee is 0.2%? No tier system like others? I wasn't completely sure from their FAQ.
https://btc-e.com/page/2

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January 08, 2014, 08:34:35 PM
 #17

So the fee is 0.2%? No tier system like others? I wasn't completely sure from their FAQ.
https://btc-e.com/page/2
Yes, fee is .2% Cheesy
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January 08, 2014, 09:19:46 PM
 #18

So the fee is 0.2%? No tier system like others? I wasn't completely sure from their FAQ.
https://btc-e.com/page/2

Zero % if you bribe the operators.
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January 08, 2014, 09:32:39 PM
 #19

BTC China has -> http://bitcoincharts.com/markets/

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January 08, 2014, 11:27:17 PM
 #20

I use BTC-E for all my trading of Alt coins.   I have never had a problem (knock on wood), with any deposits, trades, or withdrawals.   I have done several transactions with BTC, LTC, and NMC, so I can vouch for at least those 3 going smoothly.

The only problem is that it is pretty difficult to get USD onto the website.   Each time I have resorted to buying BTC on coinbase.com and then sending it over to BTC-E.  The downside of doing that is that you get hit with the 1% fee on coinbase, and then the USD/BTC is usually lower on BTC-E than on coinbase, so you get skimmed a little off the top right there too...

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