Great article to learn about incentives of Exchangers to run with your money..

[DahRookie]

...and why it will happen again.

[Edit] Ooops, the link: http://www.miaminewtimes.com/news/cryptsy-founder-paul-vernon-disappeared-along-with-millions-of-his-customers-cash-8557571



My mouth is slowly drying out of preaching the only decentralized exchange, namely Bitsquare.


I can't wrap my head around storing an asset/currency, which derives it's main value proposition from decentralization, in centralized places.


Everyone unwilling to learn and move will be burnt.


Start trading from and to your pocket TODAY.


https://bitsquare.io/

[panju1]

Even if you do use centralized exchanges, don't leave too much money lying in it.
Withdraw your money/coins as soon as you have traded, even if there are transaction fees involved.

[naidray]

You could have attracted more people if you had posted this thread on the Trading section because apparently, this is about trading.

Anyone could share their experience with bitsquare?

[Kprawn]

Hey, that was some article.... very detailed and a lot of information. I just want to know... Why did nobody do any background check on him and his family? If they did... they would have picked up much

earlier that his wife filed for federal bankruptcy protection. This would have raised some flags and people would not have invested in a company where the family were under bankruptcy protection. Well,

I hope this serve as a lesson to many other people and governments... Do proper checks before you allow people to work with millions of dollars. 

[unamis76]

There's no incentive to run with anyone's money. You're just being dishonest and screwing yourself. Being honest, having a secure site and honoring customers deposits is what's going to give you money long term, not just for today and tomorrow.

As for the article, pretty interesting. Didn't knew about the bankruptcy story...