Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Okay. I'm officially sick of Gox. This last few days have been awful. I'm thinking of moving to BTC-e. Anything in particular I should watch out for?

Just the Russians closing their doors and leaving with your BTC a la Sheep Marketplace style. Or someone closing their bank account etc... with the same results, without any known person or company to follow. People bitch about Gox (and for good cause) but there's a reason that it's the only place where all of the big whales play at and every other exchange follows. Even after stopping all USD withdrawals, and a month SEPA withdrawals they're still like #1 (or so) exchange, think about it

Do you know if there have been any accounts of this sort of thing (people's money being stolen by the exchange), or is the concern that btc-e will just up and leave some day?

I'm not calling DaRude an idiot, but Derp...

Umm i'm an idiot for not wanting to trust my money to some unknown entity with zero liability? Ok i'll take that. At least if Gox decides to do something stupid we all know that Mark will end up in jail that's a good incentive not to get hacked. With btc-e ...? Not saying that they're defrauding now, and that they're Russian have little to do with anything, i like to know who i hand my money to. With that said i do trade there now and then but withdraw often and try not to accumulate any significant amounts there which is a PITA