I have lost a fair amount of iCoin and btc on the latest scam exchange coinmarket.io recently which has put me off virtual currencies for the last week.
It was a small portion of my holdings but I have lost trust in all exchanges after gox and now coinmarket.io .
I was writing about Coinmarket.io... At one moment it seemed like a good exchange. But after 3-4 shutdowns, i decided not to hold my iCoins there.
Poloniex is bad too... How you can call this 13% duty that happened few days ago???
Cryptorush shuts down too sometimes, so trading here is not safe too.
Now i trust only 4 alt-exchanges:
1. Cryptsy
2. CoinEX
3. MintPal
4. BTer
It's pity that iCoin is not presented on these exchanges... But I think in the near future it will take it's place.
Yes, frankly enough almost every single exchange has switched to voting as it's primary means of accepting on new currencies. It's a bit unfair because we all know that the vast majority of currencies either use bot votes or 'bought' votes (voting with btc donations) so they are no longer accepting the coins with the most potential or the most marketable, simply the ones with the biggest BTC holders or willing to pay for / orchestrate the most voting bots. Don't get me wrong, there's certainly coins that pay their dues when it comes to getting the community involved, but most don't.
In reference to exchange security, I'm right there with you minecrew, I'll never keep more than 5-10% of my BTC, LTC or ICN funds on an exchange at any given time. In fact, there is 0% of my funds on exchanges at this time. I keep my wallets on an encrypted stainless steel Ironkey flash drive (you can put it in the oven or sink it down to the Titanic and it still operates perfectly fine) and additionally I encrypt all my wallets, keep my flash drive in my safe, and upon making transactions I perform a wallet backup each time to 3 different locations with equal security provisions. Call me crazy, but MtGox gave me a scare as well.
With that being said, I see no large harm in making trades daily on exchanges. Everyone please just take precautions dealing with very new exchanges. We have full intent to list on all the exchanges you listed above with time minecrew.
In fact, we are currently on the voting for BTer, MintPal, and (soon to be) Cryptsy. It will be far easier to attack each of these one at a time as a community. This is absolutely open for discussion and I'm curious to hear everyone's thoughts!
Which one should we go after first?
A. Cryptsy
B. MintPal
C. BTer