Summary review of 3 bitcoin exchanges

[jostmey]

I've tried three bitcoin exchanges now, namely Mt Gox, Trade Hill, and Bitcoin 7. I was successful with all three!

Briefly, here are my thoughts on them.

• Mt Gox - Trusthworthy, secure.
• Trade Hill - They are still perfecting their service, but their customer service is unmatched.
• Bitcoin7 - Quickest service in processing payments... but this may be because so few use it. Their site is also easy to navigate and understand.

More exchanges is a good thing for the bitcoin economy, even for the other exchanges. More exchanges means the bitcoin currency has greater liquidity, which will give investors a felling of confidence in the currency.

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[Bitcoin Exchanges]

I'm gonna reply to this post that is 3 years old just to show how messed up the first years of Bitcoin have been. The majority of exchanges has either been hacked or (most likely) setup as scams.

[cle]

thanks very much for this necrobump.
very informative.,,,,,,,,,,,

[QuestionAuthority]

I'm gonna reply to this post that is 3 years old just to show how messed up the first years of Bitcoin have been. The majority of exchanges has either been hacked or (most likely) setup as scams.

In 2008 I banked at Washington Mutual, Wachovia and Bear Stearns. All three are gone now. Shit happens.

[Nagle]

In 2008 I banked at Washington Mutual, Wachovia and Bear Stearns. All three are gone now. Shit happens.

Did you lose any money because of that?

[skooter]

I'm gonna reply to this post that is 3 years old just to show how messed up the first years of Bitcoin have been. The majority of exchanges has either been hacked or (most likely) setup as scams.

In 2008 I banked at Washington Mutual, Wachovia and Bear Stearns. All three are gone now. Shit happens.

Big difference.

If you lost any of the money you deposited because of that, I'll personally pay for it out of my own pocket.

(Because I know for a fact you didn't)

[QuestionAuthority]

It doesn't matter if I lost money or not. The only reason I didn't is that the government stepped in and bailed them out. Are you all saying you would like government oversight of Bitcoin? The principle is the same - shit happens everywhere but in the Wild West of Bitcoinland no one has your back because you all want it that way.

[tzortz]

I've tried three bitcoin exchanges now, namely Mt Gox, Trade Hill, and Bitcoin 7. I was successful with all three!

Briefly, here are my thoughts on them.

• Mt Gox - Trusthworthy, secure.
• Trade Hill - They are still perfecting their service, but their customer service is unmatched.
• Bitcoin7 - Quickest service in processing payments... but this may be because so few use it. Their site is also easy to navigate and understand.

More exchanges is a good thing for the bitcoin economy, even for the other exchanges. More exchanges means the bitcoin currency has greater liquidity, which will give investors a felling of confidence in the currency.

I like he used the word "secure" !