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February 11, 2014, 07:46:42 AM |
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It is one thing if a known drug-dealer website (s/d) is seized and your coins lost. If you had your coins there, you were just stupid! However, MtGox is one of the most reputable sites and has also been the biggest exchange, by far, for years.
Their security is (was?) superb, with customizable google-auth, keycards and yubikeys, a lot of people trusted Gox more than they would have trusted themselves with securing their own shitty home pcs. Despite being the biggest exchange, Gox have not been hacked since 2011 even though they were an obvious target. This alone made them more trustworthy.
Now with gox being consumed with internal problems, and most recently also "halting" all BTC withdrawals, placing your trust in them might have been a misjudgement. Yes, the "warning signs" were there, but in context, they were no more severe than those you heard from other BTC related exchanges. Up until june last year you could perfectly deposit and withdraw BTC and fiat (if you were European), therefore all troubles were assumed to be only temporary, and soon to be fixed. This no longer appears to be the case...
So, how many coins do you have stuck in there..?
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