So with tradehill going underwater like this and holding the remaining money, how do we know mtgox won't do the same? Not even sure who I can trust my money with anymore.
I never keep much in MtGox. I always hold my coins on me. When I am reading to sell, I sell them off in a couple waves rather then all at once so they can't freeze all of it. As soon as I make the exchange on MtGox, it's on to Dwolla in a few hours. Then right to my bank. And I never keep anymore then $300-400 in my bank. I withdraw it, and hold on to the cash myself. The less anyone else has a hold of, the less I am going to miss out on whenever someone
(IRS maybe) decides they want to screw me over.
Why should I trust someone else with my money more so then myself?