warning to bittrex users

[Raithu_bidda_]

FB lo review

Disappointed with what is obviously heavy market manipulation by a few wealthy individuals/institutions. An asset does not make gains like BCH in the last couple days, or lose more than $2,000,000,000.00 in market value in less than 60 secs unless there is a concerted effort by a few very wealthy individuals. Additionally, exchanges locking up at the exact moment it is time to sell seems highly suspicious as well. 
In any case, I was originally attracted to cryptocurrency to diversify out of stocks, bonds, commodities, precious metals, etc because of them being owned by the same (type) people. I was of a mind that it was a viable retirement investment vehicle. Either by day trading or long term investment. Was all about decentralized currency trading/investing. Real life blockchain applications to business. But, it’s apparent that this is not the case. The crypto markets are unregulated and basically the stock market without any rules or enforcement. A Wild West so to speak. It is obvious to me that this market is highly manipulated by the very few to part 99% of the investors from their money. The others are either very savvy, in the know, or very lucky. Even a blind squirrel finds a nut once in a while. At least in the stock market this type of behavior is regulated somewhat, and the SEC would be all over the past few days activities. I will say, I’ll be surprised if the past few days action doesn’t attract some attention by the SEC and other agencies. Pump and dumps and insider trading are illegal and strongly discouraged on Wall Street and other financial markets. In the crypto market, p n ds are openly discussed and utilized. A quick look at the coins offered will reveal random coins p n ded on a daily basis. Consequently, the idea of decentralized currency system and the bitcoin name are being damaged in the eyes of the small investor/general public, skeptical already and some of whom now have the grounds to say, “see? I told you so. It’s nothing but a scam. A ponzi. Fake. Just designed to part the average joe from his hard earned cash.” These last couple days have set the “movement” back years imo. 
Myself? I’m doing ok. Haven’t lost any of my original investment at least...yet. Even managed a modest 10% roi, but that is overwhelmingly due to luck. It was much higher. 
I know many of you are in it just for profit and don’t give a about a decentralized banking system owned by the people or the blockchain applications to business. That’s fine. Good on you playing BCH against BTC, riding the waves back and forth and making profit. This diatribe isn’t about which coin is the real BTC. Call me an idealist, or a purist. Whatever. Making money trading is fine, but the overall goal to me is the power in the individual’s hands. Sort of like an individuals abilty to make it big in the music business by utilizing YouTube and by passing the whole Hollywood music business. The last few days suggest that it is too soon for such an idealistic banking/business concept. The playing field is not level. Money still goes where money is. 
No need to flame. No noob memes. It matters none to me. That just rolls off. At 60+ I’ve grown some pretty thick skin. No need to anyway. I think I’m entitled to my opinion. 
I’ll stick around for a while. At this point, I still have a shred of hope that people will realize what we are on the verge of accomplishing here. That, maybe, some sort of checks and balances are instituted to level that playing field and realize the dream that crypto can really be. Or until my account begins to bleed red. Whichever comes first. 😏

[Raithu_bidda_]

Bittrex made $50+ million in transaction fees in the last 24hrs for a buggy crashing or purposefully manipulating exchange.

Also with climbing unconfirmed btc transactions and flipped hash rate the party is not over yet.

[SeemaLekka]

What do you use ?