the only flash crash thats going to happen from this point on is when btc-e gets shut down probably this year taking all alts with it
What are your points of contention regarding the problematic nature of BTC e, if any? Are they NOT transparent enough? Are they engaged in fractional banking? What's going on?
no aml/kyc, they don't even ask for name when you sign up, thats where all the stolen btc ends up
I know that I have heard some anecdotal stories of people losing their BTC... on BTC e, also. However, I question whether those are just made up or exaggerated stories. I remember one guy had provided me a link to a story.. but in my view, the story did NOT pan out b/c the person was merely sending out negative stories before there was even an issue of a problem. Surely, it is possible, and maybe I should withdraw some of my BTC from there.. I have about 15 BTC (about 40% of my holdings) on BTCe.
I'm not trying to spread FUD, i will just state a few facts and you can decide for yourself if storing your btc on that exchange is the best idea.
-No AML/KYC even though they accept US customers same as Liberty Reserve
-Unknown owners same as Liberty Reserve
-they still issue USD btc-e codes when all other exchanges stopped a year ago
-Where criminals/hackers launder stolen btc
the real question is not IF it's going to get shutdown, it's WHEN will it be.
O.k. I decided to take some advice from 686f646c (as cautioned above), and I moved 9 BTC from BTC e to a Blockchain.info wallet. It took me nearly a week to accomplish this BTC movement b/c there were technical SNAFUs with my e-mail confirmations to BTC e. I thought that I had confirmed with BTC e via e-mail, and then after three days, my BTC were still in the transfer section of the BTC e fund. Thereafter, I submitted a ticket and got some weird-ass quasi non-responsive e-mails from BTC e support, which made me suspect that the BTC e support English skills are NOT too good.
I then presented my issue in the BTC e troll box, and a couple responders reminded me to make sure that I adequately went through the e-mail confirmation process, which assisted me to identify the problem was that I had NOT properly confirmed.
Anyhow, now I am fixed, and I have removed 9 BTC from BTC e, and put those 9 BTC into a blockchain wallet.... which also caused me concern, yesterday, when blockchain.info was down for quite a long time (more than 10 hours?)