Bitcoin Forum
June 19, 2024, 06:55:57 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Poll
Question: What percent of your bitcoins are currently held by an exchange, such as MtGox?
0 - 24 (54.5%)
1-20 - 9 (20.5%)
20-40 - 5 (11.4%)
40-60 - 1 (2.3%)
60-80 - 0 (0%)
80-99 - 4 (9.1%)
100 - 1 (2.3%)
Total Voters: 44

Pages: [1]
  Print  
Author Topic: What percent of your bitcoins are on an exchange?  (Read 1009 times)
bitcoinbear (OP)
Hero Member
*****
Offline Offline

Activity: 518
Merit: 500


View Profile
November 20, 2012, 05:20:15 PM
 #1

How reliant on exchanges are you with your bitcoins?

Where do you keep your bitcoins? (On exchanges, other webwallets, on your computer, paper wallet)

How much do you trust your exchange or webwallet to keep your bitcoins safe?

CryptoNote needs you! Join the elite merged mining forces right now here in Fantomcoin topic: https://bitcointalk.org/index.php?topic=598823.0
TangibleCryptography
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250


Tangible Cryptography LLC


View Profile WWW
November 20, 2012, 05:23:03 PM
 #2

0% (or minimum necessary to rebalance our portfolio).  The return of the principal is more important then the return on the principal.

The same rational is why we don't accept or hold client funds (except at the point of sale).
niko
Hero Member
*****
Offline Offline

Activity: 756
Merit: 501


There is more to Bitcoin than bitcoins.


View Profile
November 20, 2012, 05:33:46 PM
 #3

Only a little bit more than what is necessary for me to do what I need to do. Having said that, I am comfortable with MtGox and VirtEx, and with two-factor authorization even more so.

They're there, in their room.
Your mining rig is on fire, yet you're very calm.
n8rwJeTt8TrrLKPa55eU
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500



View Profile
November 20, 2012, 06:11:28 PM
 #4

3%
nobbynobbynoob
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1000


Annuit cœptis humanae libertas


View Profile WWW
November 20, 2012, 06:12:51 PM
 #5

Just the minimum needed for trading purposes. Sometimes that amount is zero.

As a, ahem, poor man, I don't possess that many BTC anyway, but if somehow I ever do, they'll be worming their way into an offline wallet somewhere.

Earn Free Bitcoins!   Earn bitcoin via BitcoinGet
BTC tip: 1PKkvuwC24Vqjv9odigXs1QVzE66jEJqmb (if <200 µBTC, please donate to charity)
LTC tip: LRqXaNdF79QHvhPpS5AZdEJZnLiNnAkJvq (if <Ł0,05, please donate to charity)
spndr7
Legendary
*
Offline Offline

Activity: 1020
Merit: 1000



View Profile WWW
November 20, 2012, 06:31:09 PM
 #6

100 % full risk cause don't have enough bandwidth and patience to download huge bitcion blockchain. After the mybitcoin scam no online wallet could be trusted.

niko
Hero Member
*****
Offline Offline

Activity: 756
Merit: 501


There is more to Bitcoin than bitcoins.


View Profile
November 20, 2012, 07:03:43 PM
 #7

Exchanges I use have been around for a while, are registered businesses with authorities, and names of at least some people involved are known. In some ways, I trust their security practices more than my own. If you are going to tell me "told you so" if one of them disappears with the coins, be prepared to tell me "told you so" if my local machine gets compromised, or my wife runs away after sweeping the paper wallets, or I forget the brainwallet passphrase. The point being, no btc storage is 100% secure for an average user. We all weigh our risks, based on our IQ, knowledge, and the ability to judge them.

They're there, in their room.
Your mining rig is on fire, yet you're very calm.
DannyHamilton
Legendary
*
Offline Offline

Activity: 3430
Merit: 4669



View Profile
November 20, 2012, 07:17:14 PM
 #8

100 % . . . After the mybitcoin scam no online wallet could be trusted.
So that is why you store them in mtGox online wallet?  I don't understand your reasoning.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!