I created a separate bitshares account on crypto bridge when they first launched (it's all bitshares under the hood, for example, you can access the trading pair here: https://wallet.bitshares.org/#/market/BRIDGE.SMART_BRIDGE.BTC). I haven't traded on their platform yet, but from what I understand, it seems like a legit interface, much like Open Ledger). As for a "normal retrace" we won't know anything about what that will look like until all exchanges open up for deposits and withdrawals. That said, it's nice to see some volume on that pair. 20.896 bridge.BTC so far.
As for "is this safe to use?" questions, well, those are tough. I generally don't go on the record much at all with, "Yes, this is safe to use" advice because anything (literally anything) can be hacked with the right amount of resources put towards the effort. All I can suggest is learning enough for yourself to make a good decision.
Thanks for your fast reply and advice @lukestokes ! I just traded and bought some smartcash at 0.95 cents and 1.06 usd each. And sent that to my Smartcash account and went through.
What I am not sure about is entering my Bitshares password on CryptoBridge , but when I installed CryptoBridge it replaced my desktop bitshares client, and now I only have cryptobridge there. Your thoughts?
Regards, @gold84
@lukestokes Why do you think suddenly all exchanges that held smartcash, placed smartcash wallets into maintenance? Is it because of the high price it reached? And is that causing the price to go down? Cryptopia even closed the Smart/LTC and Smart/dodge and also placed in pause the Smart/BTC.
Which is your reasoning here?
What may happen to Smartcash once they open it again? Isn't this a pressure the exchanges received from an other actor of other altcoins that are more powerful, after they saw how smartcash was skyrocketing? Something similar to what happened to bitshares when bittrex decided to close the market?
Looking forward to your thoughts!
Regards, @gold84