Bittrex: It Happens with Sh*t!

in #bittrex6 years ago

Most people tend to get incredibly emotional about their investments, and this sentiment is all the more accurate when it comes to bitcoin and the cryptocurrency markets. Simply put, we've never seen anything quite like the blockchain and its derivatives in the form of virtual currencies. Obviously, opinions run hot and cold throughout the entire spectrum.

While I'm not trying to take away from the discipline that's required in successful cryptocurrency trading, I do want to share the lighter side of the blockchain. Recently, I helped my good Steemit friend @markpluto get his funds out of the Bittrex cryptocurrency exchange and into something more stable, credible, and trusted.

Don't get me wrong -- Bittrex is an incredibly valuable and useful network, especially since it opens the door to the broader opportunities of the blockchain. Unfortunately, Bittrex isn't what you call user intuitive. In fact, I'd call it a downright crappy platform, the "Craig's List" of virtual currencies.

So the fact that we successfully withdrew cryptocurrency value out of Bittrex and into a trusted platform was profoundly ludicrous, like digging in the dumpster and finding gold bullion. As I said at the time:

It happens with shit!

You know that phrase, "shit happens?" Well, the way I view Bittrex, "it happens...with shit!" We performed a reverse-Kiyosaki: we extracted cash from trash, and damn, is that sweet as ever!

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followed and upvoted thanks for your post Btc X.jpg

Great post, I agree with you all these centralized exchanges need to go away.

I have little knowledge of cryptocurrency.
But I agree with what you said - "Most people tend to get incredibly emotional about their investments"

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Not sure why centralized exchanges such as bittrex and poloneix are so popular if they have so many drawbacks? While decentralized exchanges such as bitshares is just starting to grow.

How are those fees! Wish there was a way to control it on an exchange too.

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