Quote from: toknormal on October 14, 2014, 11:53:35 AM

Quote from: TanteStefana2 on October 14, 2014, 09:04:57 AM

Sorry for the stupid question, but why is BTC-E so important?

[1] - High Liquidity exchange
[2] - World's number 2 after Bitstamp (IMO) outside of China
[3] - If anything happens on BTCe, everyone knows about it
[4] - Market makers not followers
[5] - Very conservative, if it happens on BTCe you know it's not a "fad" (BTCe ALWAYS have the most pessimistic price for BTC. If goes up on there, it's GOING UP)
[6] - Basically the only major Fiat gateway to crypto in the world with any significant liquidity outside of Bitstamp & China
[7] - They don't give a sh*t about alts because they make huge fees from the huge liquidity they have on LTC/USD, BTC/USD and LTC/BTC markets. If they were to add an alt it would be BIG

I'd have DRK on BTCe over any other exchange any day (except Bitstamp & China).

I haven't included Bitfinex because for me it doesn't count - getting DRK on BTCe would be a far bigger PR coup than getting on Bitfinex IMO. Although Bitfinex has a lot of volume, I don't think it has a lot of traders and isn't nearly as much of a brand maker as BTCe is. Plus it hasn't got a trollbox. There's only 1 BTCe trollbox in the world and thats on BTCe - a more cynical, sardonic and out & out sharkish environment does not exist.

Thats where you want your "coin" Wink

P.S.

[8] - the raw appearance of their trading interface disguises what has proven to be a trading engine built like a tank which handles monumental spikes in volume, including historically significant Bitcoin crashes, without blinking an eyelid

[9] - DRK will never have any chance of getting near LTC's marketcap unless it's on BTCe. BTCe made LTC what it is and has kept it there ever since.

Good summary of BTC-e Tok. It's certainly an institution (of sorts).

I spent quite a bit of time on the BTC-e troll box in the early part of this year and, in fact, found my way to Darkcoin because of the negative comments about it on there. They often refer to it as DORK. It's truly a fascinating study in human nature to spend time on there and witness the blatant lack of balance and the never ending mis-information that's thrown around (peppered with ad nauseum "arise chikun" and "to da moon" posts....mournfully imbecilic doesn't come close to describing it). It's like the BTC-e troll box is representative of all the issues, anomolies and flaws of crypto in general and you can find dozens of Shojayxt's on there....it's quality central (not!) but it's certainly educational to go on there for a bit.