MtGox was a leading exchange!

[Mrrr]

sending my money to Bulgaria to trade crypto coins is something i would shake my head at just a few months ago.

but i'm doing it 'cause it's all i got.

I think BTC-E figured out some time ago already that they can make more money in the long run by doing honest business. If they were to go bust it will be by government intervention, not by the owners making a run for it. They make 20k on a quiet day. That's really not an incentive to make a run for it.

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[Nagle]

We don't need a "leading exchange". We need exchanges where all customers can get money and Bitcoins in and out with no delays and no nonsense. All exchanges where assets flow easily in and out will converge on price, because any difference will cause arbitrage transactions to pull them together.

Very good point, in most cases it is very easy to get BTC and $ in, but getting it out easy is a different story.

Any exchange where that is the case is suspect. That is a big red flag for any broker, investment, or exchange. It's one of the classic indicators of a scam.

Remember all those bogus excuses from Mt. Gox.