Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
seleme
on 12/12/2013, 10:33:48 UTC
I seriously can't believe people are still trading on MtGox.
I use mtgox because I don't trust any other entity with much of my funds. We've seen many exchanges come and go (bitcoin24,bitcoin7,tradehill,bitparking etc) but mtgox has been here all the time.

Mtgox also has the highest price (and much volume/depth) and I am able to withdraw euro (or simply wait for price to equal any other exchange which happens occasionally). If I'm going to sell, it makes sense to sell for the highest price I can get.

In conclusion I like gox, and I feel that my funds are safe with them.

Goxxing doesn't bother me so much, yes it can be annoying, but trust is more important for me (but i don't trade a lot anyways). I think btc-e is great, low fees, many trading opportunities, but I don't trust them as much (or more precise I'm fearing that they will eventually be targeted by law enforcement).

How can you trust gox? How many times they have promised to do something and then just not done it? Only thing they have done is to be there, but that's only because people are willing to pay that outrageous fee and doesn't mind that they are ass raped in every major movement, Mark is doing a lot of money.

0.60% fee should be enough for everyone to fuck them off. It's scandalous fee.