Topic: MtGox? Safe? (Read 5391 times)
Japan isn't known for overzealous finnacial control
They are down again now, get used to it.
Mtgox trades on trust so I presume it's safe. If stories started coming out about people being ripped off then it would lose all of it's business extremely fast.
MT Gox is bleeding at the moment though :0( can't log in, and right at the high of trading.
MtGox is about as safe as it gets with regards to bitcoin in general. Notice as MtGox goes down, Bitcoin goes down. If your primary concern is safety of personal information, I don't think you've got anything to worry about. If MtGox were compromised, I'd imagine it would be a newsworthy headline.
I'll trust the Russians over the Japs... anytime
Given the amount of media coverage for russian versus japanese crackers, I trust the japanese. In addition, Russia won't hand out criminals afaik. So in case they are charged or convicted only in other countries, there's probably no way to legally punish them as long as they stay in Russia.
About as safe as you're going to get.
ist not safe
do not keep $ or BTC on any exchange. immediately move it to cold storage.
you can use it, but not as a wallet or bank account. only as a kiosk for buying/selling BTC.
Mtgox is probably safer than all the other markets/exchanges, just because of their size.
fairly 
ist not safe
do not keep $ or BTC on any exchange. immediately move it to cold storage.
you can use it, but not as a wallet or bank account. only as a kiosk for buying/selling BTC.
ist not safe
It's not about whoÄs gonna go down.
It's about who will be shut down by authorities next.
It's about who will be shut down by authorities next.
Mt gox not gonna go down ... i hope
I would not be surprised to see MtGox shut down like all the other BTC exchanges. For this reason I will buy BTC again $5.
+1 for MtGox
Their infrastructure may not be the top notch, but they appear to funnel a lot of money and energy into having everything by the books.
DoS attacks are temporary, getting shut down for not playing by the government rules is pretty permanent.
For everyone screaming bloody murder because it means centralized exchange must be government regulated to survive: Rather than settling for smaller, shady exchanges, better wait for truly decentralized exchanges to show up.
Their infrastructure may not be the top notch, but they appear to funnel a lot of money and energy into having everything by the books.
DoS attacks are temporary, getting shut down for not playing by the government rules is pretty permanent.
For everyone screaming bloody murder because it means centralized exchange must be government regulated to survive: Rather than settling for smaller, shady exchanges, better wait for truly decentralized exchanges to show up.
I've been happy with MtGox so far, the support was quite helpful for me. I think they've received a lot of negative feedback because they were targets of DDoS attacks. It's going to happen when they're doing the majority of BTC trades (which is probably not ideal).
i had a good experience with Mt.Gox
good responsive customer service (for something) but the do take their time in letting you get your money out of there
good responsive customer service (for something) but the do take their time in letting you get your money out of there
Whatever you use, make sure you know what you are doing and take care (e.g. long secure password, secondary authentication etc)
MtGox is safe to use. It might not be the best exchange and it has been the subject of a lot of negative attention recently, mainly because of its inability to cope with DDoS. But I would trust MtGox with my money and personal information; it is a legitimate company and has been around for a very long time.
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