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Author Topic: Why is no authority after btc-e.com?  (Read 4286 times)
crazyearner
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April 05, 2015, 12:34:30 AM
 #41

Well if they following regulation am sure everything will be fine but then again if not then only time will tell if they are doing things within the legal limits or they are actually taking illegal action and not following rules and regulations but many use btc-e if governments where to act and stop them then it would be another big exchange to leave and no doubt the down fall for BTC prices. But if that is not the case then what about coinbase that is in San Francisco, California surly with the rules and regulations in the US will get pulled apart but does coinbase follow rules regulation and regulated. Am sure I seen a new exchange popup that was meant to be supported by the government but so far as yet to see results.

=
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chmod755
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April 05, 2015, 01:30:13 AM
 #42

if they following regulation

They don't.

GreenStox
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April 05, 2015, 07:40:17 AM
 #43

Well if they following regulation am sure everything will be fine but then again if not then only time will tell if they are doing things within the legal limits or they are actually taking illegal action and not following rules and regulations but many use btc-e if governments where to act and stop them then it would be another big exchange to leave and no doubt the down fall for BTC prices. But if that is not the case then what about coinbase that is in San Francisco, California surly with the rules and regulations in the US will get pulled apart but does coinbase follow rules regulation and regulated. Am sure I seen a new exchange popup that was meant to be supported by the government but so far as yet to see results.

I would not like to see that though, the price is already dangerously too low, and we dont want bitcoin to die just now as many many retailers and people start to acknowledge it. So please let these exchanges continue atleast 3-4 more years until they diversify themselves so that bitcoin to have enough time to spread between people!

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crazyearner
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April 05, 2015, 04:38:33 PM
 #44

Well if they following regulation am sure everything will be fine but then again if not then only time will tell if they are doing things within the legal limits or they are actually taking illegal action and not following rules and regulations but many use btc-e if governments where to act and stop them then it would be another big exchange to leave and no doubt the down fall for BTC prices. But if that is not the case then what about coinbase that is in San Francisco, California surly with the rules and regulations in the US will get pulled apart but does coinbase follow rules regulation and regulated. Am sure I seen a new exchange popup that was meant to be supported by the government but so far as yet to see results.

I would not like to see that though, the price is already dangerously too low, and we dont want bitcoin to die just now as many many retailers and people start to acknowledge it. So please let these exchanges continue atleast 3-4 more years until they diversify themselves so that bitcoin to have enough time to spread between people!

Well it is not under our control, that is down to the governments to proceed and to take action or not. I agree in what your saying too to not take control or suspend services but if the government want to close them down they will do. Could take a long time before action is taken. And indeed if it was to close and then price would tumble down just like when MTGOX went rouge price got hit hard and still recovering from that. And right now to get bitcoin back up into the nice 800s again is going to take a lot of work to succeed where it has faild.

=
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GreenStox
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April 07, 2015, 06:57:42 AM
 #45


Well it is not under our control, that is down to the governments to proceed and to take action or not. I agree in what your saying too to not take control or suspend services but if the government want to close them down they will do. Could take a long time before action is taken. And indeed if it was to close and then price would tumble down just like when MTGOX went rouge price got hit hard and still recovering from that. And right now to get bitcoin back up into the nice 800s again is going to take a lot of work to succeed where it has faild.

There are always alternatives like localbitcoins.com but really stable exchanges are a fundation of a currency. So i really hope they wont fuck it up for atleast 2-3 more years until bitcoin will stabilize and start to grow. But yea nowadays few exchanges are complying with regulation so its probably more tolerated, but i really want atleast 2-3 more years tolerance and after that bitcoin will be undefeatable.

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|
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crazyearner
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April 07, 2015, 09:57:28 PM
 #46


Well it is not under our control, that is down to the governments to proceed and to take action or not. I agree in what your saying too to not take control or suspend services but if the government want to close them down they will do. Could take a long time before action is taken. And indeed if it was to close and then price would tumble down just like when MTGOX went rouge price got hit hard and still recovering from that. And right now to get bitcoin back up into the nice 800s again is going to take a lot of work to succeed where it has faild.

There are always alternatives like localbitcoins.com but really stable exchanges are a fundation of a currency. So i really hope they wont fuck it up for atleast 2-3 more years until bitcoin will stabilize and start to grow. But yea nowadays few exchanges are complying with regulation so its probably more tolerated, but i really want atleast 2-3 more years tolerance and after that bitcoin will be undefeatable.

Indeed none do comply with rules and regulation and wonder later on why they get closed down. It would be insane to see btc-e get closed down at it would have some serious impact on BTC again. I doubt this will happen any time soon but they is always that possibility that it can happen if they do not follow rules. Only time will tell and if will be around for the future. Right now I tend not to have much on exchange sites if for any reason they run into problems as been hit by a few in the past that did have problems but luckily I did not have a lot of coin in them to be affected by them.

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Bejkn
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April 08, 2015, 09:01:19 AM
 #47

why should it do?
btc-e just do bitcoin business, which authority is care of it?
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