Most people tend to gravitate towards to the big ones anyways so it works out.
Found yet another exchange...
http://www.ecoinfund.com/voteSeems like exchanges popping up like crazy lately. GRC is not on the list yet, but I emailed them and asked them to add it to the list of coins to vote for.
People don't be naive.
I could be opening exchange (some crappy website) and then steal all the coins and money.
This reminds me of forex bucketshops and this is 1000 times more unregulated.
You think police is gonna do anything about some stolen cryptocoins ?
Also isn't it better for volume (buy sell orders) to be concentrated at 1-3 most popular exchanges than to be spread out all over the place?
I'm not endorsing any of the exchanges that I have posted links to. As I stated in at least 1 or 2 of my posts, I have not even traded at most of these. But who is to know which one of these will turn out to be legit and which one will not. I would obviously not advise anyone to trust an exchange (even an "established" one) to hold large amounts of coins. Personally, I test exchanges with smaller amounts, and when I do deposit large amounts, I take them out as soon as my desired transactions are processed. Everyone should use common sense when exchanging and placing online transactions. Everyone should do their own research and testing before trusting anyone or any site.
I do like seeing more competition so far as Exchanges go. I think within a few months, there will be quite a few more legit altcoin exchanges than we have now.