Exchanges are for exchanging, wallets are for keeping coins.
Simply use things in the way they are supposed to be used and you will be fine.
Topic: Poll : do you trust an exchange to hold your bitcoins ? - page 6. (Read 9188 times)
I trust Kraken, Bitstamp. Why not to trust exchanges?
But I do not want to hold all my money there. Who knows...
But I do not want to hold all my money there. Who knows...
I assume whatever coins I have on an exchange are lost. Not that I don't check them everyday, but a Gox can happen at any moment and honestly I don't have the financial means to pursue prosecution.
Why do you even have them in an exchange in the first place if you have so little faith in them? 
I assume whatever coins I have on an exchange are lost. Not that I don't check them everyday, but a Gox can happen at any moment and honestly I don't have the financial means to pursue prosecution.
I do not think anyone will reply with surety they trust 100% exchange and feel safe with all their Bitcoins, but mostly try to diversify their Bitcoins in different exchanges. same with me I use 2 Big exchange and only put coins their I need for trading rest in my wallet.
I only trust exchange for some portion of my bitcoin, I never deposit all bitcoin in any exchange. Just play cautiously and you will be safe always.
i only play the bigger swings, so as soon as i buy back, i move my coins to my local wallets. but those times waiting in fiat make me nervous...
absolutely not, exchange can close anytime and not easy to WD from exchange they have minimum WD so if your exchange close and your balance not enough to WD you will lose all your balance on exchange
No i don't trust it. I keep them by me. I think it's safer so.
Nope, never trust exchanges they can claim they were hacked anytime and just steal the coins themselves and disappear right after that..or get really hacked.
Types of offline wallets are safest ones.
Types of offline wallets are safest ones.
Even if you trust an exchange, why would you leave your coins there? they will be as liquid as if they were in your position (Wallet) so you better keep them in your position.
With so many bad press and vulnerability, I don't think anyone should.
Not a chance. 100% cold storage for me.
You don't spent any coin?
Not a chance. 100% cold storage for me.
Not a chance in hell. I never trusted them -- no 3rd parties, ever. So ever since I got started with bitcoin, I made sure to keep at least 80% in cold storage. Got bit by Mt Gox for 5% of my holdings. Just glad it wasn't 100% like some people! 
Not an active trader here so I keep the majority of my pennies on local bitcoin-qt client. 
Gotta have my limit orders on the books. I'm not the type to send my coins from storage in panic once I've missed selling the top. It's hard to resist the urge to trade bitcoin's swings.
shouldnt the question be.... ? Are you unable to run your own client and or look after your own wallet ?
sure sure if their is a price hike and you want to sell ASAP it would be nice if you could just do it.. but make sure your wallet is sync'd every few days or even constantly.
what is the real reason people need an exchange to hold coins ?
don't go on any porn sites, dont run random javascript, don't open emails that say you magically won 10 bitcoins, just out of the blue and you shouldn't get to many virus or keyloggers. people making keyloggers for bitcoin wallets arent exactly coming up with ingenious ways to do it... seems like standard ways "click here to download this exe/jar file" and reclaim your 10000 bitcoin prize is enough to fool most people... :/
sure sure if their is a price hike and you want to sell ASAP it would be nice if you could just do it.. but make sure your wallet is sync'd every few days or even constantly.
what is the real reason people need an exchange to hold coins ?
don't go on any porn sites, dont run random javascript, don't open emails that say you magically won 10 bitcoins, just out of the blue and you shouldn't get to many virus or keyloggers. people making keyloggers for bitcoin wallets arent exactly coming up with ingenious ways to do it... seems like standard ways "click here to download this exe/jar file" and reclaim your 10000 bitcoin prize is enough to fool most people... :/
As these bitcoin exchanges not controlled by government there is a risk.
I don't trust them but I'm doying it anyway. I usualy look for signs when something start to go wrong and until now it worked.
Ditto. I don't like it, but I do like to hedge...
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