I just hope that Tradehill puts in captcha and/or many other security options that every typical bank has (phone texting), security questions, based off of IP changes, etc. Otherwise I'll likely be moving everything out pretty soon until a more secure site pops up. Tradehill has been great to me so far though!
I know this is overstated- but to anyone who doesn't have a TradeHill account, you can use this link to save 10% on fees:
http://www.tradehill.com/?r=TH-R12165I guess they don't yet get enough manpower and equity to realize some sophisticated safety idea, nevertheless, they are moving fast.
The exchange business have very strong Networking effect, which makes the biggest one winner-takes-all . Our wrong trust over mtgox.com have made the later-comers a very difficult situation. People don't like to trade in a thinner market, if there is a market have more depth.
I guess most of TH's energy were spend on the promotion job, but the security, the speed service and the coding have not get enough manpower and resources. The serious mistake have gave them a sudden opportunity that they were not fully prepared.
Hope TH move on fast and sound. DO realize your responsibility to the bitcoin community. Don't give yourself any excuse to make mistakes.
I hate people giving themselves excuse when they made mistakes, such as Gavin said something that "he is human and he does make mistakes……“. OMG, can you hire or invite another HUMAN being thing to double check your damn code?
