Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX
by
Kai Proctor
on 14/10/2014, 12:08:08 UTC
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"
[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.

[7] - 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



You see the trollbox as a good thing, yes it's popular and sometimes entertaining, but objectively it makes an exchange look unprofessional and is a "tool" for the pumpers / dumpers.