I still baffles my mind how people in their right mind would dare to store that much on an exchange..
The first thing I learned in bitcoin after 30 minutes of researching was to store your own coins offline.
To store them online just wasn't enough, I mean if you just insisted to store your coins online, you could choose bitstamp/blockchain, even btc-e.. But an exchange with $5m seized by DHS, $50m class action lawsuit AND 22 months withdrawal time..
How is that not screaming red flags?
People are stupid.
To my defence: I was uninformed, which is not the same as stupid.
No offence, but many won't understand that because in today's world of the interweb it's very easy to inform yourself. Many might see that not informing yourself when it's so easy to do, is a form of stupidity... especially when investing such large amounts as some have... again: no offense intended.
It's nice to see the price climbing, time to buy!
Never start a sentence with "No offence, but", same to "I am not a racist, but"
It is not stupidity it is laziness, also 2 different things.
I am using BTC for less than a year now, so every bad News about MtGox was before that. People forget to easy, that not everyone is an early Adapter, even when they are not really early Adapters themselfes, just earlier than the People, they are judging. But sure, on the interweb, everybody finds someone, who is less informed on a field, than oneself -->People they can call stupid.
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