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Author Topic: What if BTC-e shuts down?  (Read 1874 times)
gollum
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February 28, 2014, 03:44:50 PM
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What will happen to the bitcoin price of BTC-e shuts down without a warning, and run with your coins?

Who are you going to sue?
Nobody knows which individuals or corporation is behind that russian site.
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brokedummy
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February 28, 2014, 03:45:58 PM
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What will happen to the bitcoin price of BTC-e shuts down without a warning, and run with your coins?

Who are you going to sue?
Nobody knows which individuals or corporation is behind that russian site.

To da moon?

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gollum
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February 28, 2014, 03:48:16 PM
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Right now all bitcoin exchanges should be considered as a huge risk.
The best thing to do is to withdraw all coins and fiat from all exchanges.
UEC
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February 28, 2014, 04:00:33 PM
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Lots of the people are learning what the term "unregulated" really means.

This whole gox story will lead to better, more professional and secure exchanges.
xzempt
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February 28, 2014, 04:17:10 PM
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quit thinking in the old ways.....    brainwashed to think money is safe in a bank.....  so you think bitcoin is safe on an exchange?   


paper wallets....   flash drives.....      keep your own coins......   if you just leave them on an exchange.....   you get what you deserve
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February 28, 2014, 04:18:35 PM
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Lots of the people are learning what the term "unregulated" really means.

This whole gox story will lead to better, more professional and secure exchanges.
yes now we need some Central Authority which check these all things and some security to this btc because now many scams and few are also waiting for us

Remember remember the 5th of November
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February 28, 2014, 04:20:20 PM
 #7

What will happen to the bitcoin price of BTC-e shuts down without a warning, and run with your coins?

Who are you going to sue?
Nobody knows which individuals or corporation is behind that russian site.
If it does, it would spell bad news for me since it's located in my country(hint: It's not Russia).

BTC:1AiCRMxgf1ptVQwx6hDuKMu4f7F27QmJC2
Bobsurplus
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February 28, 2014, 04:20:31 PM
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It would spell disaster for many more people.
gollum
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February 28, 2014, 04:20:57 PM
 #9

What will happen to the bitcoin price of BTC-e shuts down without a warning, and run with your coins?

Who are you going to sue?
Nobody knows which individuals or corporation is behind that russian site.
If it does, it would spell bad news for me since it's located in my country(hint: It's not Russia).
Ukraine?
Bulgaria?
Romania?
White Russia?
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February 28, 2014, 04:21:25 PM
 #10

What will happen to the bitcoin price of BTC-e shuts down without a warning, and run with your coins?

Who are you going to sue?
Nobody knows which individuals or corporation is behind that russian site.
If it does, it would spell bad news for me since it's located in my country(hint: It's not Russia).
Ukraine?
Bulgaria?
Romania?
White Russia?

Bulgaria is my guess.
h3rlihy
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February 28, 2014, 04:22:26 PM
 #11

Yeah just don't leave your coins on exchanges. That's an awful idea from the start.
gollum
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February 28, 2014, 04:24:27 PM
 #12

Yeah just don't leave your coins on exchanges. That's an awful idea from the start.
I've read several people complaining about BTC

Topic: BTC-e withdrawal issues? https://bitcointalk.org/index.php?topic=459464.0
Musent
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February 28, 2014, 04:26:36 PM
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Ya, keep your coins off the exchanges. Not smart to leave them there. Keep them long enough there to trade and then transfer.
poblico
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February 28, 2014, 04:26:46 PM
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Why would you use btc-e there are many much better exchanges out there.
I pulled out of mt-gox and btc-e about a year ago seems to have been the right choice.
kwest
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February 28, 2014, 04:36:15 PM
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I'd say the biggest worry isn't the BTC, it's the fiat.
Sure, I can transfer my BTC off the exchange and send it back quickly if I want to trade. But if I don't want to have fiat on the exchange I have to withdraw them to my bank, which takes 2-3 days. Then, if the price of BTC goes down, I have to deposit the fiat again.. which takes 2-3 days. See the problem?

I have to have fiat on at least one exchange in order to trade efficiently.
Coins4life
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February 28, 2014, 04:38:18 PM
 #16

Only keep what you can afford to lose on the exchanges
Musent
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February 28, 2014, 04:43:11 PM
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Only keep what you can afford to lose on the exchanges
And only put into cryptocurrency what you can afford to lose, not everything you're worth.
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February 28, 2014, 05:13:18 PM
 #18

Why would you use btc-e there are many much better exchanges out there.
I pulled out of mt-gox and btc-e about a year ago seems to have been the right choice.

What are some good exchanges for Europeans? Fast verifaction and sepa transfer a plus.
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February 28, 2014, 05:15:43 PM
 #19

Why would you use btc-e there are many much better exchanges out there.
I pulled out of mt-gox and btc-e about a year ago seems to have been the right choice.

What are some good exchanges for Europeans? Fast verifaction and sepa transfer a plus.

Kraken.
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February 28, 2014, 05:21:32 PM
 #20

This discussion is no even close to actual topic. Everyone just have bad hangover, some even a bit too big and just need to blame the players , not the game. Most of times people lose money they blame companies or banks responsible for it. Not money itself. Bitcoin went a bit too decentralized and spreads around even some other cryptocurriencies too just get shut down. I'm not even sure if it is possible at this point and since it is heavily based on mathematic computing power then actual people, some kind of weird theories about any one holding it all together is rather ridiculus.

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