What Happens If BTC-E gets back ONLINE.....

in #litecoin7 years ago (edited)

Every one think that people gonna take the moneys and coins out of exchange immediately .....

Yes that's right, 70% of people would move out immediately for their safety. and trade VOLUME will be weak on the exchange for a while...

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But wait >>>>>>>>>>>>>>>>>>>>>>

********* If disaster like this doesn't kill you, WILL Makes you STRONGER.**********

People gonna stay away from exchange for a while and will watch it how its running, and slowly going to return back to the exchange as this exchange handled the huge disaster very well.

perhaps Peoples money remains safe and that is the point that people going to trust BTCE again.

Remember : BTC-E.com is the oldest and safest exchange since 2011. it has a future that you don't need your ID card to use the exchange and that is the beauty of this exchange.

Company worth Millions of dollar based on their income which is more than 1M per day in average. They will be back to normal volume after a month or two , even STRONGER than before.

I'm pretty sure that admins and owner behind BTCE are smart enough to know every thing about this industry. and they know the REAL VALUE of the BTC-E brand in bitcoin market and they will not going to lose it as simple as that.

So, DO NOT PANIC and wait Patiently , Let them do their work, your money is safe and untouched. Help them to bring the BTCE back up, by not panicking.

Note : Reality is, they will lose much more money than YOU, if they don't bring it back up. It might take another week, Just be patient.

UPDATE: ETH wallet money moved by BTCE to the safest wallet now, Some people claims that, FBI did this ?
If you know about the Private KEY and backup, you should know that FBI would move the money even before the website taken down as private key can be backed up so many times. So they would move if before any of the KEY holders realise what happened ! Think !

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That's what I was trying to tell Emercoin more or less. The only thing is the transaction speed of the site was almost better than the anonymity. I would hate sitting around sites and over paying on useless cryptos by bidding for it and waiting sometimes without results to buy or sell coins for weeks, the loss of coins would be bad enough, I can't even fathom losing the site altogether, I almost don't even want to go back to other sites. They could take the money and run.. maybe but long term they could recover depending how things go legally and be stronger than before. I love that the optimism isn't overly unrealistic at all, the only question is what is within their power to do to respond to the situation?

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