Post
Topic
Board Exchanges
Re: BTER.com hacked - 7170 BTC stolen [DON'T KEEP YOUR MONEY ON AN EXCHANGE]
by
nachoig
on 15/02/2015, 19:17:39 UTC
Bter?Huh The same who had 50M NXT stolen and contacted NXT devs to do a rollback? And the same from BitBay, which is just a pump and dump scheme?
http://cointelegraph.com/news/113238/chat-logs-allegedly-show-bter-creating-and-pumping-its-own-coin

Why do people still trust in this shitty exchange?

I think because with these exchanges you can easily convert your altcoin to bitcoin and viceversa. The real purpose of an exchange is not to "keep" your coin for a long time (also 1-2 days are long "time") but it is to exchange your coin and after withdraw it.

An exchange is not a bank, I hope now a lot of users will start to think about this fact.

Anyway (if i's just to exchange bitcoins for altcoins), at least the people could use an exchange that suck less.