dave3k (OP)
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Realbitcoin.info
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February 26, 2014, 11:40:25 AM |
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Is regulation the best way to prevent corrupt exchanges operating or would this be better achieved via better transparency?
Or is everything fine now?
Is there a better solution?
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Realbitcoin.info
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Snail2
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February 26, 2014, 12:20:52 PM |
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Feather and tar. Then the next CEO will be much more careful with customers money ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) .
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BlockChainLottery
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February 26, 2014, 12:43:21 PM |
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It's still a wild west out there. The most honest companies will prevail. And the larger they are, the more people they will attract. In the end only a few giant corporations will be left. It always will end this way because of human nature. And then a new revolution...
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Lauda
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Terminated.
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February 26, 2014, 12:48:28 PM |
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Sue them, get the money back and we're good to go.
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"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion)
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FelixOliver
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February 26, 2014, 12:48:33 PM |
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The most honest companies will stand head and shoulders above the rest...
In this new economy, Honesty/transparency is almost as valuable as the currency itself.
So, overall, I think this is a natural process we're going through right now. The market is cleansing itself of all the excrement and filth that is stopping it from reaching that $12bn market cap again
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dave3k (OP)
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February 26, 2014, 01:03:00 PM |
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Feather and tar. Then the next CEO will be much more careful with customers money ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) . Damn, I forgot that option. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif)
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Realbitcoin.info
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TheAccountant
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February 26, 2014, 01:39:39 PM |
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Exchanges create their own success.
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Mike Christ
aka snapsunny
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February 26, 2014, 01:52:40 PM |
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Step one: Overcome groupthink. Step two: There is no step two. Enjoy your new-found individuality, e.g. the ability to tell a good exchange from a bad one.
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LRCGROUP
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February 26, 2014, 02:06:59 PM |
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Ask the exchange to provide its security and risk concept, this will show you if they are a good or bad exchange. Regulation would force transparency to their security procedures.
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adworker
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February 26, 2014, 02:59:46 PM |
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Next time, do not do business with someone delaying withdrawals for months - clear sign of insolvency. In other words, care more where you are sending your money to, so transparency
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DannyHamilton
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February 26, 2014, 04:01:58 PM |
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Transparency would be good.
Independent Security and Financial audits would help.
Deposit insurance wouldn't be a bad idea either.
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