Watching blockchain . Btc is being stolen. It was scam. Rather trade bte - e or cryptsy or coins - e . Don't trust any new exchange
Mt Gox wasn't new and it certainly didn't do well either. I guess we have fundamental questions to ask. How do we know our coins won't simply be taken when we transfer them anywhere for any type of transaction and I believe the answer is we don't know and probably can't know and to me that is quite a problem.
I am sorry to say this but gox and other exchanges are going to kill off what Cryptos was all about and regulation will come in fast, governments will have a excuse to do it now. At the same
time I feel this is teaching people a valuable lesson that banks and fiat is not a bad thing.
Sorry to say this, I am new to the crypto scene but I am out now. Cashing back into fiat as this is like the wild west.
Good luck to virtual currencies but I am out of this scamfest , humans can't be trusted and this is why we have regulation.
The true believers of crypto are going to have to wake up to the reality that if this is ever going to be taken seriously by the majority of people, the people can't feel like they are playing Russian Roulette with their coins every time they try to use them. I can't say I know what the answer is but regulation is going to play a part in it. I can't imagine it could get any worse than it currently is.
If things continue as they are now people will either leave the crypto world or they will stop doing transactions with their coins out of fear of losing them which would eventually kill the coins anyway. This truly is a minefield. One wrong or unlucky step and kaboom your coins are lost. Just insane.