Quote from: uhoh on April 16, 2014, 06:43:17 PM

Quote from: billyjoeallen on April 16, 2014, 06:37:01 PM

Quote from: bobdude17 on April 16, 2014, 06:31:56 PM

Quote from: billyjoeallen on April 16, 2014, 06:24:33 PM

Quote from: bobdude17 on April 16, 2014, 05:56:29 PM

Quote from: billyjoeallen on April 16, 2014, 05:51:48 PM

Quote from: bobdude17 on April 16, 2014, 05:47:40 PM

Just in case you guys aren't watching Reddit:

Second Market Exchange is now LIVE!

https://www.secondmarket.com/bitcoin-trading

25BTC transaction minimum.

Ahead of schedule.

Volume? Volume is key.

Doesn't matter right now. Being American is key.

Bullshit. CampBX has been around for over three years. It had excellent design and security for the time. It still does. It remained a backwater even with all the crap Gox put us through, Karpele's House of Buggery remained the main exchange.

The Market cannot be wrong. The customer is always right or he's not you customer. The Market is the Market. We don't serve the market we want.. We serve the market we have. I'll jump to second market when there is a market there or if I find an edge. Not before.

CampBX has a combined daily deposit/withdrawal limit of $1,000. Please tell me you're joking.

That proves my point, not yours. I used it three years ago for the same reason you think people will use Second Market now. Nobody followed. The market jumps when the market jumps, not when you or I think it ought to jump. I'll move there when and if others move there, not before.

There is a reason to use SecondMarket. They're a fully registered and compliant brokerage firm. I'll personally definitely be using them when I cash out.

There may be plenty of very good reasons to use an exchange, but the main reason to use an exchange is that others are using that exchange. Sellers have to go where the buyers are. Buyers have to go where the sellers are. People are herd animals. Herds have leaders, but leadership comes at a cost. Coinbase had to incentivize by giving $5 of BTC to switch. Safety means little if fees are too high, etc.