Post
Topic
Board Bitcoin Discussion
Re: The biggest problem with bitcoin is these imcompetent exchanges
by
olloman
on 09/12/2013, 13:44:01 UTC
bitcoin.de is a blessing compared to all the other exchanges, very nice design and functions, you don't have to deposit money on it, only bitcoins, and you pay directly to the seller with bank transfer, and you can even spend up to $2,500 before needing a complete registration...only problem, if we want to call it so, is that you need to be in the Euro zone, sorry Americans&Asians&rest of the world  Undecided btc-e and the others are good only for coin-coin exchanges...anyway I have no affiliation at all with bitcoin.de, just sharing my experiences, all other exchanges should be like that, and not only for the Euro zone...

bitcoin.de is not a traditional exchange like gox or bitstamp. Pretty much it brings together buyers and sellers and that can cause problems because people often change their mind based on how the price moves and transactions are never completed.

I made more than 10 trades (only buy) on bitcoin.de, and for example most of the times, by the time I received my bitcoins, the price was already doubled, but the sellers always confirmed the transaction. I might have been lucky, but as I said, the community so far looks really friendly and mature (in terms of user-user private messages during trades and respect of the trade even with high price changes between bank transfer and btc transfer)