Quote from: theecoinomist on March 03, 2014, 04:12:02 PM

I still baffles my mind how people in their right mind would dare to store that much on an exchange..
The first thing I learned in bitcoin after 30 minutes of researching was to store your own coins offline.

To store them online just wasn't enough, I mean if you just insisted to store your coins online, you could choose bitstamp/blockchain, even btc-e.. But an exchange with $5m seized by DHS, $50m class action lawsuit AND 22 months withdrawal time..

How is that not screaming red flags?

People are stupid.

You have to think they were not all just storing their coins, they were buying low, selling high, rinse and repeat.