Hello everyone,
This is idea for users of WEX and old users of BTC-e. As this exchange is so weird where BTC is $3000 more expensive then on others exchanges YEAR after scam.
Please share your feelings about using WEX. If and only if anyone still using it.
I think that this SCAM from 1 YEAR AGO on BTC-e killed this platform and changing of name did not help to make it the best and the biggest. Now it is under respirator. I do not believe that anyone use WEX. They should gave 100% refund + gift for stress. AND 100% SUPPORT. But story was other.
But hey maybe development is not what they wanted. Maybe they wanted mountains of money NOW $ or Euro and to still have washroom.
Anyway...
BTC-e was growing people's trust and finally the day came to exit scam with people'e money. It was JUUUUST a days before huge historical bullrun. July 2017.
That's easy... Grow people trust 5 years. Have their coins on platform. And plug off cable just before bullrun. Then run with bulls UP and of course with people's millions.
But they did not run under earth. Instead of that they changed name of old investment vehicle into new one (WEX) and that's how WEX was established.
MOST IMPORTANT is that all the people who had crypto or fiat on BTC-e LOST 40% of capital in order to get 60% of capital left. That was the principle of getting back your funds !!!!!
Lose = give gift to secret owners of this platform. Of course they told that this 40% was lost due to FBI attack on servers backends.
BUT HEY. DO YOU BELIEVE THAT U.S.A. STOLEN RUSSA WITHOUT RUSSA PERMISSION ! ??????????????????????????
For this 40% you got obligation which the best deal was to sell immediately and RUN RUN RUN. RUN FOREST.
IF you decided to RUN like Forest Gamp then you had a next problem as BTC on WEX was much more expensive then in other exchange. Like $1200 more on WEX for each BTC coin.
So you had no choice. You had to buy expensive BTC so again you were slave or agreed with yourself to be cheated again and create again huge loss to yourself.
So people who are not born as a someone's slave finished journey with the best exchange in the world BTC-e immediately with 50% capital loss.
1 year of sitting on WEX would be critical failure. As you wouldn't got this 50% of loss back and you would miss tons of other opportunities. Now BTC is not 1200 more but 3500 more expensive on WEX.
So they give you no way to abandon their platform to provide even just a little volume.
1 year ago people thought that after scam "FBI hack" and reborn of platform this will be the best exchange on the planet for next 5-10 years.
BUT not. BTC-e preferred to stole 50% from people and probably (99.99999999999 %) buy BTC before bullrun. Buy was in $1500 - $2000 area. And peak was $20 000.
So cutting of ground to development of BTC-e payed off. That's mountains of money. Amount of it should allow to buy government of small country not to say build tons of Palaces or hundreds of bentleys and Lambo.
That was so BIG scam that I am sick of that 1 year later it is forgotten. It should be remembered 20 years.
For example if Volumen on BTC-e was $900 millions. 50% is 450 millions and now multiple it by bullrun grow so by 14 in this case.
450 millions x 14 = ... ?
THAT's the SCORE. !
Would you want to have the best crypto exchange in time of 5-10 years ? or would you want to have 6 billions $ NOW immediately ?
They earned on trade fees best mercedes in autohaus daily. BUT hey 6 billions NOW... Who knows if crypto will survive 10 years. And decision was simple.
They saved gains. "gains"
I believe no-one from old team of traders is willing to touch WEX even using STICK WITH RAG.
THIS ARBITRAGE WILL WORK IF AND ONLY IF :
1. YOU SEND BTC TO WEX
2. SELL YOUR BTC ON WEX FOR FIAT
3. PULL OUT FIAT EXACLY FROM WEX INTO YOUR BANK ACCOUNT. - who believe it is possible ?
4. USE THIS MONEY TO BUY IN ON OTHER CRYPTO FIAT EXCHANGE.
BUT BUT BUT... I HAVE SO MUCH DOUBT FOR ABOVE POINT 3. THAT I AM SICK OF EVEN TRYING. OR EVEN ABOUT THINKING ABOUT TRYING TO THINK ABOUT DOING THAT. I mean I give you 100$ now that you will have huge problem to get money out or it could be even impossible. If I am wrong please let me know in comment section about your experience.
This is idea for users of WEX and old users of BTC-e. As this exchange is so weird where BTC is $3000 more expensive then on others exchanges YEAR after scam.
Please share your feelings about using WEX. If and only if anyone still using it.
I think that this SCAM from 1 YEAR AGO on BTC-e killed this platform and changing of name did not help to make it the best and the biggest. Now it is under respirator. I do not believe that anyone use WEX. They should gave 100% refund + gift for stress. AND 100% SUPPORT. But story was other.
But hey maybe development is not what they wanted. Maybe they wanted mountains of money NOW $ or Euro and to still have washroom.
Anyway...
BTC-e was growing people's trust and finally the day came to exit scam with people'e money. It was JUUUUST a days before huge historical bullrun. July 2017.
That's easy... Grow people trust 5 years. Have their coins on platform. And plug off cable just before bullrun. Then run with bulls UP and of course with people's millions.
But they did not run under earth. Instead of that they changed name of old investment vehicle into new one (WEX) and that's how WEX was established.
MOST IMPORTANT is that all the people who had crypto or fiat on BTC-e LOST 40% of capital in order to get 60% of capital left. That was the principle of getting back your funds !!!!!
Lose = give gift to secret owners of this platform. Of course they told that this 40% was lost due to FBI attack on servers backends.
BUT HEY. DO YOU BELIEVE THAT U.S.A. STOLEN RUSSA WITHOUT RUSSA PERMISSION ! ??????????????????????????
For this 40% you got obligation which the best deal was to sell immediately and RUN RUN RUN. RUN FOREST.
IF you decided to RUN like Forest Gamp then you had a next problem as BTC on WEX was much more expensive then in other exchange. Like $1200 more on WEX for each BTC coin.
So you had no choice. You had to buy expensive BTC so again you were slave or agreed with yourself to be cheated again and create again huge loss to yourself.
So people who are not born as a someone's slave finished journey with the best exchange in the world BTC-e immediately with 50% capital loss.
1 year of sitting on WEX would be critical failure. As you wouldn't got this 50% of loss back and you would miss tons of other opportunities. Now BTC is not 1200 more but 3500 more expensive on WEX.
So they give you no way to abandon their platform to provide even just a little volume.
1 year ago people thought that after scam "FBI hack" and reborn of platform this will be the best exchange on the planet for next 5-10 years.
BUT not. BTC-e preferred to stole 50% from people and probably (99.99999999999 %) buy BTC before bullrun. Buy was in $1500 - $2000 area. And peak was $20 000.
So cutting of ground to development of BTC-e payed off. That's mountains of money. Amount of it should allow to buy government of small country not to say build tons of Palaces or hundreds of bentleys and Lambo.
That was so BIG scam that I am sick of that 1 year later it is forgotten. It should be remembered 20 years.
For example if Volumen on BTC-e was $900 millions. 50% is 450 millions and now multiple it by bullrun grow so by 14 in this case.
450 millions x 14 = ... ?
THAT's the SCORE. !
Would you want to have the best crypto exchange in time of 5-10 years ? or would you want to have 6 billions $ NOW immediately ?
They earned on trade fees best mercedes in autohaus daily. BUT hey 6 billions NOW... Who knows if crypto will survive 10 years. And decision was simple.
They saved gains. "gains"
I believe no-one from old team of traders is willing to touch WEX even using STICK WITH RAG.
THIS ARBITRAGE WILL WORK IF AND ONLY IF :
1. YOU SEND BTC TO WEX
2. SELL YOUR BTC ON WEX FOR FIAT
3. PULL OUT FIAT EXACLY FROM WEX INTO YOUR BANK ACCOUNT. - who believe it is possible ?
4. USE THIS MONEY TO BUY IN ON OTHER CRYPTO FIAT EXCHANGE.
BUT BUT BUT... I HAVE SO MUCH DOUBT FOR ABOVE POINT 3. THAT I AM SICK OF EVEN TRYING. OR EVEN ABOUT THINKING ABOUT TRYING TO THINK ABOUT DOING THAT. I mean I give you 100$ now that you will have huge problem to get money out or it could be even impossible. If I am wrong please let me know in comment section about your experience.