Topic: How safe do you find Mt.Gox? (Read 716 times)
Mt gox is not safe. It can be easily shutdown by us. BTC-E is safer based on Russia.
I'm taking half my BTC out of gox to be safe. I got burnt a bit by the bitfloor bank freeze. Not going to take chances with Gox's bank accounts being frozen.
Has anybody actually lost the money thanks to the Dwolla thing?
Well considering the first time I decide to use them, create a dwolla account and get some money out of a few bitcoins I have and they get their money faucet in the US seized?
not so safe...
not so safe...
Hope this is not too spammy...
But I've just posted in the newbie section a new site/initaitive Top Bitcoin Sites: a community powered Bitcoin ranking start page, which should (eventually) get rid of this issue.
If it gets the right amount of attention from the community it should help figure out what services there are and which are more reliable and which are not/less.
But I've just posted in the newbie section a new site/initaitive Top Bitcoin Sites: a community powered Bitcoin ranking start page, which should (eventually) get rid of this issue.
If it gets the right amount of attention from the community it should help figure out what services there are and which are more reliable and which are not/less.
By the way, regardless of what exchange you use, I would never store a large amount of money (BTC or EUR or USD) with them. Always keep it in a safe wallet that you control. Why taking any risk when it's unnecessary.
Thanks, that makes sense especially in light of the attacks.
I've noticed that there are a few complaints on their twitter feed about the time it takes for transfers to go through, mostly SEPA.
Their canned replies aren't very reassuring...
Their canned replies aren't very reassuring...
By the way, regardless of what exchange you use, I would never store a large amount of money (BTC or EUR or USD) with them. Always keep it in a safe wallet that you control. Why taking any risk when it's unnecessary.
How safe do you find Mt.Gox? And do you feeling comfortable using it despite the attacks? Or do you feel like we really have a choice in the first place?
It's the biggest, and therefore the safest? That was my reasoning. If it gets taken down, bitcoin will crash anyway regardless of where your funds are. If one of the smaller exchanges goes down, theres less a chance of it taking the whole system down. imo
Not feeling very safe right now. It doesn't seem reliable at all...
How safe do you find Mt.Gox? And do you feeling comfortable using it despite the attacks? Or do you feel like we really have a choice in the first place?
Of course you have a choice. Ever heard of bitstamp? Or bitcoin.de? (especially if you're European)
Thanks for the input.
Or do you feel like we really have a choice in the first place?
A choice? Sure. Plenty of other sources of bitcoin available.
Only problem I've ever had is lag - been good transferring BTC and USD in and out. Never more than $1000 though
How safe do you find Mt.Gox? And do you feeling comfortable using it despite the attacks? Or do you feel like we really have a choice in the first place?
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