Quote from: keithers on February 04, 2014, 01:40:34 AM

Quote from: BitcoinAshley on February 04, 2014, 12:54:30 AM

Quote from: keithers on February 04, 2014, 12:48:55 AM

Quote from: kkaspar on February 04, 2014, 12:31:19 AM

If BTC-E will have problems, then it will also hit hard on LTC price, since it's the biggest market for LTC.
I converted my LTC to BTC and transfered to stamp. I have always been nervous on keeping money in BTC-E, because their lack of transparency. They have a great interface and engine, but sadly I don't trust people that I know very little of. So, their confidence that everything will be fine won't make me very confident. Suffered a small loss because of this move, but I think that it was necessary to avoid the risk. I'm afraid that LTC price will drop more and there will be a lot of FUD, before it's known if BTC-E is in fact in trouble.

Lack of transparency is kind of an invalid point, given that the creator of Bitcoin is just as anonymous as the owners of BTC-E...

No, your comparison is invalid. The Bitcoin-d/-qt code is a protocol, but BTC-e is a service. The 2 owners of BTC-e have complete control over whatever you store there. The "creator of bitcoin," if the reviews of countless coders over the last 4+ years are any indication, has no such control over your bitcoin. Apples and oranges, my friend. Keeping coins on an exchange is far riskier than keeping them in a cold wallet, or even a hot wallet provided you take appropriate security precautions (like not being a tard and using Winblows/Macinshit OS)

I meant the personal identities of both BTC-E and bitcoin are both anonymous, also in the post right above I said the same thing about keeping the coins in a wallet rather than directly on the exchange itself

You missed the point..... of transparency, idiot

/facepalm