Hello,
I've a serious question about exchanges.
What proof do we have that all current exchanges are not creating fake Bitcoin inside their own ecosystem.
What securities have we that we wont have a MtGox number 2 ?
I mean, there is (maybe I'm wrong about that) no transparency on exchange about the amount of Bitcoin they have, so It would be possible that they sell Bitcoin they don't have hoping that people will let them in their platforms and not withdraw them.
In a such case, all crypto-currency prices would be faked by fake Bitcoins issued by the exchanges and this kind if though are really scary ...
If someone have more informations I would appreciate. I'm not saying crypto is a scam, just wondering if we have some securities or surveillance to avoid a new MtGox scam
Thank you
I am not sure whether they holded perfect value as mentioned marketcap information sharing sites. You need to check the bitcoin value increased in the market and at the same time whether the marketcap of any exchange also increase or not. Still some scammy sites are there. You can just careful to check the legitity with the users who are using it for long time.
If you bother about the MTGox you can use the Wavesdex decentralized exchanges like above Omega mentioned.