Post
Topic
Board Securities
Re: [CryptoStocks][Bitcoin Arbitrage Fund]Get lots of profits by arbitraging now !!!
by
MPOE-PR
on 16/11/2013, 00:39:02 UTC
My reasons for suggesting Crypto-Trade over others is because I have come to have trust and faith in it from the months that I have been using it, and so far there has not been any behavior exhibited by the site that has caused me to panic or be concerned, I cannot say the same of other crypto-coin sites some who will at very short notice and at no consideration to their users will remove coins (panic dump recently Wink ), are changing/removing currency pairs, or even worse they got hacked/corrupted DB/wallets are just a few examples.  This type of behavior has lost many traders money as the site made their holdings disappear, worth less or just plain worthless.

It's very nice that you've had a positive experience thus far. If scams and trainwrecks behaved consistently throughout their operations, they'd never attract their marks in the first place, and you'd never hear much about them.

Consider this:

Kludge: Maybe it's time you splurged the hefty sum of 20 bitcoin to move over to the one exchange that actually works. By "actually works" I mean charges 1/4 as much per transaction as GLBSE does, is down an infinity percent less and in general has an infinity percent fewer issues, troubles, problems, defects and so forth.

Nefario: You are obviously unqualified to be anywhere near a project of the complexity of an exchange, even for play money (which I suspect BTC are, for most of you here, at least judging on behavior records). I will make you precisely one offer to buy the thing from you, so you get to actually make some money for all your effort over the past year, as misguided and mismanaged as it may have been, rather than have to walk away from a worthless wreck (like Zou Thong/Amir&co have with Bitcoinica). If you have half the maturity you should have to be involved in all this you will take this offer seriously, and consider your options carefully. Feel free to make contact via pm or in #bitcoin-otc-eu.

If that is the way you speak to someone of Nefario's standing in the community  I wonder what you speak to your customers like. There is no need to descend into a slanging match.

This stuff, by its nature, seems dandy in the beginning, unless you have the experience and/or relevant knowledge to enable foresight. For this reason, when authoritative figures point out that x venture or y idea is not worth your time, fighting the foresight is the wrong move.

I hope you can take a decent look at the site and point out any concerns or potential problems that are specific to Crypto-Trade, there is always going to be some risk but I think they got it down to minimal and if there existed a ratings system for crypto exchanges/securities they would be in the A's.

What the "site" is like doesn't particularly matter. The point is that the very premise of encouraging users to create their own securities sufficiently belies a gaping lack of understanding of what securities are, and of how an exchange operates. While they're not necessarily bad things in themselves, customer service, websites, and so forth cannot do anything to change this fact or improve the prospects of the "service".

Thanks for the link,  I hope more users read it as its very informative and will save them from using high risk sites.

Hey, my pleasure.