Quote from: TraderThom on August 25, 2014, 06:29:18 AM

Quote from: PinkPanther99 on August 24, 2014, 03:45:41 AM

Quote from: roparker2014 on August 24, 2014, 12:14:33 AM

One more question for TraderThom ...

So if arbitrage trading involves keeping large sums at a number of exchanges, in order to be able to quickly capitalise on opportunities ...
Is that "our" (investors') coins on the exchanges? And therefore at risk from a number of companies "doing a mtGox"?
Do we as investors take that risk? It seems that it can't be avoided really, seeing as the whole point of us investing is so that BT have greater leverage to capitalise on arbitrage opportunities (that wouldn't be the case if our invested coins were in cold storage, obviously).

Regardless, I've invested a small sum with BT - I'm willing to take the risk. Once I've recovered it, I'll start investing more, and ride it as far as it goes!

At this point I wouldnt be surprised if BT do a Mt Gox in the coming week... With no info on this Audit, and the website going down twice in the past 2 days, Im kind of expecting the email that says "oops we got hacked, your money is gone, k cya bye"

If that happens I have a serious problem. But what will it mean if it doesn't happen? Will you be less skeptic?

I suggest you invite someone to bet you. A few weeks ago, there was a guy willing to bet $1000 that Bitcoin trader will not be here in 4 months, when the next round of shares mature. I am sure
Bitcoin trader would accept that bet, implement it via escrow. This is an excellent way to silent skeptics among BTC community.