Quote from: LMGTFY on April 01, 2014, 04:56:40 PM

Quote from: williecity on April 01, 2014, 10:32:47 AM

With so many exchanges taking people's money down with them when they close down
I am starting to believe that cash and banks are 1000 times more safer than bitcoin
The only way to beat this is an automated exchange where there is no middle man vault.

I think Bitcoin Live Chat is now the best solution, with people trading directly with each other.
http://bitcoinlivechat.com

What exchange are you using now?

I prefer OTC trades as well. I've not tried bitcoinlivechat, but localbitcoins has worked well.

I'm surprised you think banks are safer than Bitcoin - what I love above Bitcoin is it takes away the need for counterparty risk (except when I choose to trade or make a purchase). But given the recent history of the banking industry there's way too much risk for me to trust banks any more than I have to. Having said that, I keep my BTC firmly under my control, and nowhere near exchanges except for (very brief) periods when I'm trading.

am sure so many people have lost bitcoins but just keeping quiet. Hard to believe it spiked past $1000 a month ago