Can I trust BTC exchanges?

[gentlemand]

You never know if an admin is trustworthy, mark karpeles was trustworthy, the evolution market admins were trustworthy, Mintpal and etc.

When I first became interested in BTC it was immediately apparent to me at least that Gox was a shower of shit and I never went anywhere near it. By their very nature no dark market can be trusted and the Evolution admins were self proclaimed carders.

The only positive that's come out of all these cons and failures is that eventually, just maybe, the average Bitcoiner won't fall for the same old shit over and over again. It still happens every day. My sympathy for future victims is now nil. There's enough precendents out there for them to know better.

[smith coins]

You never know if an admin is trustworthy, mark karpeles was trustworthy, the evolution market admins were trustworthy, Mintpal and etc.

The more that an exchange gain trust the more risk is being put in to them. Exchanges are made for short-term and not for long-term standing.

[randy8777]

You never know if an admin is trustworthy, mark karpeles was trustworthy, the evolution market admins were trustworthy, Mintpal and etc.

The more that an exchange gain trust the more risk is being put in to them. Exchanges are made for short-term and not for long-term standing.

why do you think exchanges aren't supposed to last long? because hacks or inside job thefts? with time the security and the professionality of the exchanges is growing and growing. i do think that the top exchanges can last quite a long time.

[lorylore]

You never know if an admin is trustworthy, mark karpeles was trustworthy, the evolution market admins were trustworthy, Mintpal and etc.

When I first became interested in BTC it was immediately apparent to me at least that Gox was a shower of shit and I never went anywhere near it. By their very nature no dark market can be trusted and the Evolution admins were self proclaimed carders.

The only positive that's come out of all these cons and failures is that eventually, just maybe, the average Bitcoiner won't fall for the same old shit over and over again. It still happens every day. My sympathy for future victims is now nil. There's enough precendents out there for them to know better.

Latest exchange many bitcoins were "stolen" by "hackers" and people are just afraid.
It is not a dark market eventhough it is something legit like in real life money exchange.
Also i saw a scam accusation here that is made to Cryptsy exchange so these things are happening real.

[klf]

It's in the human nature to be corrupt and greedy . Decentralised p2p  platforms will the future since none controls them, only code does. And code isn't corrupt nor greedy.

[BAGOBO]

You never know if an admin is trustworthy, mark karpeles was trustworthy, the evolution market admins were trustworthy, Mintpal and etc.

When I first became interested in BTC it was immediately apparent to me at least that Gox was a shower of shit and I never went anywhere near it. By their very nature no dark market can be trusted and the Evolution admins were self proclaimed carders.

The only positive that's come out of all these cons and failures is that eventually, just maybe, the average Bitcoiner won't fall for the same old shit over and over again. It still happens every day. My sympathy for future victims is now nil. There's enough precendents out there for them to know better.

Latest exchange many bitcoins were "stolen" by "hackers" and people are just afraid.
It is not a dark market eventhough it is something legit like in real life money exchange.
Also i saw a scam accusation here that is made to Cryptsy exchange so these things are happening real.

So we can conclude that we must never save our fund forever on the exchanger except you're ready to loss.
Since we do not know when will exchanger gonna collapse

[ikydesu]

You never know if an admin is trustworthy, mark karpeles was trustworthy, the evolution market admins were trustworthy, Mintpal and etc.

The more that an exchange gain trust the more risk is being put in to them. Exchanges are made for short-term and not for long-term standing.

why do you think exchanges aren't supposed to last long? because hacks or inside job thefts? with time the security and the professionality of the exchanges is growing and growing. i do think that the top exchanges can last quite a long time.

We need to look back, always learn from experience. Look at Mt.Gox, Mintpal, BitInstant, i'm not judge all bitcoin exchanger is bad, but we need to be more careful with store a money on there. I have bad experience with those btc exchanger.

[Ceizer54]

You can't trust bitcoin exchanges but that doesn't mean everyone will run away with your coins...But yes never use bitcoin exchange as a wallet...Instead only use them to trade and store bitcoins locally,offline storage,paper wallet for best security

[lorylore]

You never know if an admin is trustworthy, mark karpeles was trustworthy, the evolution market admins were trustworthy, Mintpal and etc.

When I first became interested in BTC it was immediately apparent to me at least that Gox was a shower of shit and I never went anywhere near it. By their very nature no dark market can be trusted and the Evolution admins were self proclaimed carders.

The only positive that's come out of all these cons and failures is that eventually, just maybe, the average Bitcoiner won't fall for the same old shit over and over again. It still happens every day. My sympathy for future victims is now nil. There's enough precendents out there for them to know better.

Latest exchange many bitcoins were "stolen" by "hackers" and people are just afraid.
It is not a dark market eventhough it is something legit like in real life money exchange.
Also i saw a scam accusation here that is made to Cryptsy exchange so these things are happening real.

So we can conclude that we must never save our fund forever on the exchanger except you're ready to loss.
Since we do not know when will exchanger gonna collapse

Well you understood it, the conclusion is that exchange whatever you have and leave.
This is why the exchanges have been made.
But if you are a trader and trade a much then you should think yourself about the risk by putting all your btc in exchange.

[crairezx20]

it depends of where exchager did you use....dont stay long your money to that exchager.... if you using perfect money or any bitcoin you can exchage trusted site like chenger.com it has 1k plus trust worthly.... and you can withdraw it via bank account.... if you want to know more about exchanger sites go to perfect money.is you can see more changer sites there and youll see trust score....gudluck

[smith coins]

You never know if an admin is trustworthy, mark karpeles was trustworthy, the evolution market admins were trustworthy, Mintpal and etc.

The more that an exchange gain trust the more risk is being put in to them. Exchanges are made for short-term and not for long-term standing.

why do you think exchanges aren't supposed to last long? because hacks or inside job thefts? with time the security and the professionality of the exchanges is growing and growing. i do think that the top exchanges can last quite a long time.

Because there is a high risk by the time goes. Because of the inside "thefts", and exchanges should be one step forward in security field. So there is no 100% trust in exchanges.

[coinplus]

Before MTGOX collapse this might be a stupid questions. Other than that exchange I have bees scammed by another exchange, after scam only I came to know which was from Nigeria.
There are many trusted exchange. We can believe them and deposit our hard earned bitcoins for exchange or for trading to make good bitcoins.

[NC_hick]

They're all scammers. But I keep money on btc-e and bitfinex.

[mindrust]

As long as you don't put ridiculous amounts of money in the exchanges, they they are mostly safe.

Still, I wouldn't use them as my main wallet.

[bitgolden]

Yes we can definitely can relay on bitcoin exchanges. Because we need to convert our one coins into another for that we need exchanges with out any doubts. So check for credibility of that exchange then trade in them.

[rivoke]

Yes we can definitely can relay on bitcoin exchanges. Because we need to convert our one coins into another for that we need exchanges with out any doubts. So check for credibility of that exchange then trade in them.

But we can't put it for a long time.
Remember ShareX or mintpal exchanger ? Once they are great exchanger and now they're close without being expected.
What happen to the fund that I kept there ? They take all 

[smith coins]

Yes we can definitely can relay on bitcoin exchanges. Because we need to convert our one coins into another for that we need exchanges with out any doubts. So check for credibility of that exchange then trade in them.

But we can't put it for a long time.
Remember ShareX or mintpal exchanger ? Once they are great exchanger and now they're close without being expected.
What happen to the fund that I kept there ? They take all  

Remember bter? they were hacked too, but they got back to business, but they are paying users very little amount of lost bitcoins, something like <10% until now.

[foxkyu]

For now i only trust my local exchange. They have real company, and i know who's the owner.
Beside that they have a commitment to build bitcoin community in my country.

[lorylore]

For now i only trust my local exchange. They have real company, and i know who's the owner.
Beside that they have a commitment to build bitcoin community in my country.

May i know the name of your local exchange.
I see that it is much better to have a local exchange especially when you know the owner.
At my country there is no local exchange neither the community know much about bitcoin lol.

[isvicre]

For now i only trust my local exchange. They have real company, and i know who's the owner.
Beside that they have a commitment to build bitcoin community in my country.

Which country are you from? I also trust my local exchange but we have 3 exchanges, I only trust 1. The one have legal issues and the other has no volume depth.