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Question: What exchange site(s)/methods will you be using?
MtGox - 95 (39.6%)
TradeHill - 89 (37.1%)
Bitcoin7 - 22 (9.2%)
Forums - 12 (5%)
IRCs - 22 (9.2%)
Total Voters: 155

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Author Topic: POLL: What exchange site will you be using?  (Read 3036 times)
Icy- (OP)
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June 21, 2011, 07:56:56 PM
 #1

Just wondering, I'm kinda stuck between sticking with Mtgox, or going with Tradehill. Bitcoin7 is meh.
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, but full nodes are more resource-heavy, and they must do a lengthy initial syncing process. As a result, lightweight clients with somewhat less security are commonly used.
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BitcoinPorn
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June 21, 2011, 08:25:40 PM
 #2

I will be using "Top 2" for sure, and if I get enough spare cash this weekend, I will buy into some coin from possibly a third.

I know nothing of Bitcoin7, but why is it I have bad taste in my mouth if I say their name?  They definitely get shit a lot on the forums, what is the reasoning for that, and have they done anything to rectify their bad name?

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June 21, 2011, 08:29:31 PM
 #3

MtGox still first??
Interesting

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Icy- (OP)
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June 21, 2011, 08:32:59 PM
 #4

I will be using "Top 2" for sure, and if I get enough spare cash this weekend, I will buy into some coin from possibly a third.

I know nothing of Bitcoin7, but why is it I have bad taste in my mouth if I say their name?  They definitely get shit a lot on the forums, what is the reasoning for that, and have they done anything to rectify their bad name?

When they first opened, they had a lot of spelling errors and copied+pasted stuff from other sites. One thing they copied and pasted even still had the sites name in it.

All is fixed now, but thats very sketchy, like trying to throw something together fast.
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June 21, 2011, 08:48:38 PM
 #5

When they first opened, they had a lot of spelling errors and copied+pasted stuff from other sites. One thing they copied and pasted even still had the sites name in it.

All is fixed now, but thats very sketchy, like trying to throw something together fast.
I thought I read something about that happening (but actually thought it was TradeHill on that one).  I can forgive that based on having to start sites quickly before and having to grab quick filler type text.   However the spelling errors, while stupid, seems like a bigger mistake than the stealing of filler text.   

There is a strong argument that Bitcoin7 are only tech people who know the back end side to how this should work, or would work, and therefore wouldn't know how to properly make sure the front end, visuals of the site are clean for the general user, and so copied and pasted of course.

Just what I was thinking could be a possibility when I first read this, I just didn't realize it was Bitcoin7.

I need to keep a better eye on them, if they are honest, I wish them well.

Icy- (OP)
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June 21, 2011, 09:08:34 PM
 #6

When they first opened, they had a lot of spelling errors and copied+pasted stuff from other sites. One thing they copied and pasted even still had the sites name in it.

All is fixed now, but thats very sketchy, like trying to throw something together fast.
I thought I read something about that happening (but actually thought it was TradeHill on that one).  I can forgive that based on having to start sites quickly before and having to grab quick filler type text.   However the spelling errors, while stupid, seems like a bigger mistake than the stealing of filler text.   

There is a strong argument that Bitcoin7 are only tech people who know the back end side to how this should work, or would work, and therefore wouldn't know how to properly make sure the front end, visuals of the site are clean for the general user, and so copied and pasted of course.

Just what I was thinking could be a possibility when I first read this, I just didn't realize it was Bitcoin7.

I need to keep a better eye on them, if they are honest, I wish them well.

Well people also were claiming Tradehill stole Mtgox layout, which is hardly true. Mtgox hardly has a layout to begin with, any website builder tool will have a "default" layout where you fill in blanks with text and/or images. I believe this is the case here.
Icy- (OP)
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June 22, 2011, 03:52:11 AM
 #7

hmm more votes.. looks like tradehill may become the next #1 exchange
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June 22, 2011, 03:52:45 AM
 #8

You forgot Ebay, which is the one I will be using..
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June 22, 2011, 04:08:37 AM
 #9

I just got interested in Bitcoin recently, and opened a Mt. Gox account, but hadn't done anything with it because I was still figuring out how to secure my bitcoin wallet and stash before I started actually acquring bitcoins.  I'm glad now that I did. <wry grin>

I expect to start acquiring bitcoins soon by selling some stuff on a Bitcoin auction site.  I may hold off for a few months before I try to convert any to dollars or euros; my real interest in Bitcoin is to use it as an alternate currency for buying and selling, not to speculate on currency shifts.  (No interest in channeling George Soros here.)  When I do, I hope that there will be more choices, and that Mt. Gox and the other existing sites will have either cleaned up their miserably inadequate security practices or gone out of business. 
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June 22, 2011, 04:10:27 AM
 #10

I just got interested in Bitcoin recently, and opened a Mt. Gox account, but hadn't done anything with it because I was still figuring out how to secure my bitcoin wallet and stash before I started actually acquring bitcoins.  I'm glad now that I did. <wry grin>

I expect to start acquiring bitcoins soon by selling some stuff on a Bitcoin auction site.  I may hold off for a few months before I try to convert any to dollars or euros; my real interest in Bitcoin is to use it as an alternate currency for buying and selling, not to speculate on currency shifts.  (No interest in channeling George Soros here.)  When I do, I hope that there will be more choices, and that Mt. Gox and the other existing sites will have either cleaned up their miserably inadequate security practices or gone out of business. 

Thats the whole point buddy, bitcoin is not for playing HYIP with the markets, its for revolutionizing the Internet as we know it. You have the right idea, and for that you will only have more Bitcoins at the end of all this.
Superform
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June 22, 2011, 05:44:00 AM
 #11

going to tradehill isnt going to solve anything unless they are actvally fixing there security issues as well

i'll stick with mtgox cause i know they will come out of this much stronger and more secure then before
FlipPro
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June 22, 2011, 05:45:29 AM
 #12

going to tradehill isnt going to solve anything unless they are actvally fixing there security issues as well

i'll stick with mtgox cause i know they will come out of this much stronger and more secure then before
I agree with you on this, the new MTGOX will be a truly tested, and vetted system. Confidence will only grow higher when they come back.
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June 22, 2011, 05:46:24 AM
 #13

I'm using Mtgox and not Lag Hill.
ErgoOne
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June 22, 2011, 05:56:20 AM
 #14

I'm on the fence about Mt. Gox.  So far, I haven't been that impressed with their handling of this debacle, but I also haven't seen anything that makes me think that they're significantly worse than the other exchanges. :/  However, they might not survive this.  They *shouldn't* survive this unless they significantly improve their infrastructure and improve their policies to make them truly "financial grade".  And we shouldn't stick our heads in the sand and refuse to consider the possibility that they might not learn enough from this occurrence to rebuild their site properly.  We should expect them to do so, verify their claims, and hold them to their promises before we invest significant time and funds there.

As far as Bitcoin itself goes, however, the troubles at Mt. Gox are just a bump in the road.  Hackers have seriously stepped up attacks on banks, financial institutions, and web sites that deal with or handle lots of other people's money.  They hit Citibank.  They hit the Federal Reserve.  If this attack was the same sort of thing, then some cyber criminals think that Bitcoins are worth stealing.  Surprise -- NOT.  Maybe people involved in using and trading in Bitcoins will start to take both security and Bitcoin itself more seriously now.


RTJakarta
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June 22, 2011, 05:57:07 AM
 #15

Well, I guess I'll see what happens with Gox. My confidence is sort of shaky in all exchanges right now.  Tongue
The_Duke
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June 22, 2011, 06:52:57 AM
 #16

I miss the option: "Bitcoin is dead - none"

NOT a member of the so called ''Bitcoin Foundation''. Choose Independence!

Donate to the BitKitty Foundation instead! -> 1Fd4yLneGmxRHnPi6WCMC2hAMzaWvDePF9 <-
Jaime Frontero
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June 22, 2011, 06:59:28 AM
 #17

i've heard some reasonable things about BritCoin.  i'll be investigating them.

i have no dog in the mtgox fight - i'm perfectly prepared to accept that they can come out of their troubles stronger and more effective.  or not.

at the moment i have some coinage on tradehill, but haven't actually entered into any transactions.  i'm in Bitcoin for the long term - and in it as a currency.  i'll just be waiting and watching.
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June 22, 2011, 07:08:57 AM
 #18

MtGox still first??
Interesting
why are you so surprised? mtgox has obviously built a good reputation in this community, and just because they hit a bump in the road does not mean they are not to be trusted. and in fact, i bet they will be stronger than ever!

angelo95
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June 22, 2011, 07:09:45 AM
 #19

I miss the option: "Bitcoin is dead - none"

Same here. We can say bye bye to the nice vibe around bitcoin.
Alex Beckenham
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June 22, 2011, 07:17:24 AM
 #20

I miss the option: "Bitcoin is dead - none"

Same here. We can say bye bye to the nice vibe around bitcoin.

Instead of a long sad goodbye I'm saying "bye for now. see you again soon."

By the way, I'm loving the Gox's new logo (as seen on their claim page), it's rightly awesome.



I chose both Mt Gox and Trade Hill for the poll; I'll continue using both.

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