Can I trust BTC exchanges?

[lumeire]

You can believe: btc-e, bittrex, cryptsy.

Well i wouldn't so sure about believing these exchanges.
For example we can see here that there are many accusation about cryptsy.
Where they block/disable their users accounts, isn't this the worst situation about trusting or not the exchanges!

It is and you just can't, if you must use one then just go there do your thing and get out and hope that nothing happens for the time you're there, as short as it might be. I don't truly believe the exchanges who were so called got "hacked" in the past, I think it was all a cover up, it was a perfect crime, wait for the moment when there are a lot of public funds and then bam! go offline abruptly with a story that one of our employees did this this.. and we were hacked. And since there are no legal tie ups, sell the bitcoins slowly and then start again.

That's a hell lot of accusation, we know Gox was an inside job like you are saying, but there are also legitimate exchanges that closed entirely due to external factors. Look at MintPal, if it hasn't been bought by the Moolah scammer, it would have been a much more established exchange than Bittrex.

[Supercrypt]

You can believe: btc-e, bittrex, cryptsy.

Well i wouldn't so sure about believing these exchanges.
For example we can see here that there are many accusation about cryptsy.
Where they block/disable their users accounts, isn't this the worst situation about trusting or not the exchanges!

It is and you just can't, if you must use one then just go there do your thing and get out and hope that nothing happens for the time you're there, as short as it might be. I don't truly believe the exchanges who were so called got "hacked" in the past, I think it was all a cover up, it was a perfect crime, wait for the moment when there are a lot of public funds and then bam! go offline abruptly with a story that one of our employees did this this.. and we were hacked. And since there are no legal tie ups, sell the bitcoins slowly and then start again.

That's a hell lot of accusation, we know Gox was an inside job like you are saying, but there are also legitimate exchanges that closed entirely due to external factors. Look at MintPal, if it hasn't been bought by the Moolah scammer, it would have been a much more established exchange than Bittrex.

Yes there are various external factors for the failure of most of the bitcoin exchanges. I should not call it failure, it is just shutting down of exchanges. Recently Yacuna is going to close their operations after several months of successful operations for Dogecoin and Clamcoins.

[frank26]

Not Every time you can trust on btc exchange but it is trustable.But this will be quiet beneficial that you will make safe btc in your wallet where it will always be safe.

[smith coins]

Not Every time you can trust on btc exchange but it is trustable.But this will be quiet beneficial that you will make safe btc in your wallet where it will always be safe.

Our bitcoins are only safe when only we control them.
By sending the bitcoins to somebody else in this case exchanges then they control our bitcoin.
They decide to give us back or not, and some of exchanges has been 'hacked' many times and the clients were mostly affected.

[randy8777]

Not Every time you can trust on btc exchange but it is trustable.But this will be quiet beneficial that you will make safe btc in your wallet where it will always be safe.

Our bitcoins are only safe when only we control them.
By sending the bitcoins to somebody else in this case exchanges then they control our bitcoin.
They decide to give us back or not, and some of exchanges has been 'hacked' many times and the clients were mostly affected.

that's why people should never store their coins in exchanges as the risk of a hack or theft is simply too big. best is to only send coins to an exchange if you are willing to sell them. otherwise just keep them offline.