Quote from: dr_yan_yan on February 05, 2014, 10:07:44 AM

Watching the US Senate discussions about what part of Bitcoin SHOULD and SHOULD NOT be regulated... I think this is perfect example of why Exchanges should be regulated. Also POOLS should be too.

This type of thing occurs too often, and who is left losing everything... the customers.

ANYONE can setup an exchange, you have no idea if their system is secure, or if they are scammer, or if they even know how to use a computer!
At every 2nd coin launch, i see a scammer Pool setup. pretend to have problems... then steal 1-2 days worth of mine.

Who protects the user?
Who regulates this shit?

The community should.. but they dont... the community is too full of Pump and Dumpers...

It has become a community similar to any online game, or even 4Chan... where you have Trolls, Scammers, Spammers, Noobs, and the fuckwit elites who think NOOBS DESERVE TO BE SCAMMED!!

Crypto community is fast becoming a group of people who are just there to pump, dump and laugh at anyone that is new.

The whole point of cryptocurrency is that it's not regulated, centralized etc. If it was it'd just be the same as general currency. If you don't like it don't take part in it. Go trade on the stock market.