NEver keep all your coins on an exchange

[spazzdla]

Gox
Cryptsy..

If you have most of your coins in Bitfinex.. there will be little mercy when they disappear.

[pereira4]

Never keep ANY coin on ANY exchange.

Fixed.

Please people, learn to put your coins in your own local wallets where you control the private keys, never have coins in exchanges. How many times this has to be said? I guess some people never learn.

[batesresearch]

Indeed, that is what I advise to everyone I speak to / educate on Bitcoin/Cryptos!! Then PC security aswell.

[serjent05]

I agree, there are lots of history where people who left their coins in exchange lost everything.  GOX and  Cryptsy are the bigger one, and there are some small exchanges too like sharex that just close and run with their client's Coin not saying the one posting this message have First hand experience of losing coins to an exchange/trading platform that shutdown.

[helloeverybody]

Its good standard advise in the bitcoin world but i think with the recent high prices of bitcoin many people have probably been keeping bitcoin on exchanges in an attempt to short it. Its actually a perfect time for someone to exit scam. I try to never keep more than i can afford to lose on an exchange, and since i dont have much, i dont have much to lose =p

[n691309]

Gox
Cryptsy..

If you have most of your coins in Bitfinex.. there will be little mercy when they disappear.

You can also add bter exchange, they lost 7,100BTC+ last year on February, i think people have got enough lessons to not keep any coin in any exchange but the needs to profit, and a hope that tomorrow the exchange rate of a coin will be increased and to make a profit will never end.

[European Central Bank]

Apart from the market meltdown, isn't the main cause of pain in this case people losing control of their margin trade positions? By the looks of things some guys have lost thousands and they didn't do anything or anything wrong.

[Jeremycoin]

That's right, because it's totally a stupid idea to safe your coins there. And I believe, some exchanges remind the users to not keep their coins there too.

[hasiramasenju]

i have to do it even though those exchange are scam because i need them for my trading activity but may be now i don't dare to save all of my bitcoins only in one exchange

[macartem]

That's right

[bitbunnny]

People are just not aware of all the risks that exchangers are exposed to. They are not good informed about security issues and that they  could easily lose their coins. It's always good to split coins in the different wallets, cold and cloud wallet, and leave at the exchangers just the minimal amount that you use for trading or other purpose.

[ShrykeZ]

It's good to remind people of this now and then as some may have missed this, especially those new to Bitcoin and not realise the actual risks of holding coins on an exchange.

[socks435]

Yea better to don't stay all your coins in one places just spread it in legit trading site so that if one site is collapse like bitfinex you are not worry if you are holding there a low amount and don't lose hope that bitfinex will be gone..
And lets hope that it will not the same as cryptsy.

[Raimonn]

Always is a good time to withdraw from exchanges and online wallets, some users need to know that they own its bitcoins only if they have the private key. Exchanges and online wallets aren't enough safe to keep your money.

[Divinespark]

I lost some coin on MtGox so I can only second this. I have high hopes for bitsquare to emerge as a real decentralised exchange option.

[~Bitcoin~]

I also don't recommend to store all of your coins in exchangers, if you like to store better you spread all your coins to 3-4 most trusted exchager because even if one exchanger go off you will not loss much of your bankroll.

[mindrust]

Exactly. If you are a bitcoin holder, hold them in your core wallet installed in your own pc. That's the best option. If that's too heavy for your system, use electrum. If you don't trust electrum, use paper wallet. Exchanges come and go. You never know which one will be goxed next.

[Astonuse]

I have aboutxxx amount of bitcoin in the exchanges. I do some trading. After trading, I will withdraw most of them.

[Fredddurst]

BTC e ist broke!!!!!!!!!!!!!!!!!!!!!!!


The support doesnt work !!!!! They dont answering already !!!!

they took me 3 coins away!!!!!!!!

Not confirmed transactions:
+1 BTC - 0 confirmations - 12.06.16 11:06

364da820cd08ee7e174ec1715a8812104de3a118ddbf8cda4b7908661fafdbdd
+1.99951961 BTC - 0 confirmations - 16.06.16 21:20

cd966d259a1c6ff6f616dbd043b369c0b56c2edd842a396f9dd0a2408e08cfe2

[morantis]

I guess that most of these guys do not want to wait through the blockchain download

i use software wallets for a lot, like electrum, where the wallet is in your control, but the heavy lifting is done online