and bot trade it to death.
You do realize, don't you, that a lot of the time when you're trading with a bot on one exchange you're really
trading with a human on another exchange via an arbitrage mediated by the bot?
I guess if you want to have your little walled-off exchange that is an island unto itself, fine, but I think you're alone in that desire. If you want that, use litecoin.
Probably the wider issue (and it is not just crypto that has it) is easily extracting currency.
Yes, that's an issue too, but unlike BTC-withdrawal-via-API it is caused by the brokenness of the banking system as a whole rather than the brokenness of one particular exchange's operators.
Sorry I did not see your post earlier, because there was something else I wanted to add. I notice the $350,000 loss over on bitcoinica was (apparently) an api hack. Perhaps Crypto are happy with being different. It's still a pain extracting funds, but it still works.
Also, for clarification, I don't use bots (I must be too stupid), and I like the exchanges I use and arbitrage, but mostly just cashing profits. As for altcoins, no thanks - that was a passing curiosity with i0coin with a difficulty under 14. If I'm alone with my view, that's fine. I see you have several good and highly technical projects that work well and certainly other people also like automatic trading.
As a warning, if you get a Starfish deposit account, the security means you don't get to interrogate your account. You actually have to communicate with someone.
Starfish BCB - safe under a rock.