Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
shmadz
on 26/12/2014, 03:18:07 UTC
Edit @shmadz re. "Bitcoin = transparency":
BTC-e, could you tell me where it is located & who runs it, in case they decide to transparently take off with my coin?

Oops, missed this part,

I have long been suspicious of btce and yet, in my experience, they have always acted in a trustworthy manner.

I like the fact that every time I log in, I get a confirmation email, so that IF I were ever to get an email when I didn't log in it would signal me that my account is no longer secure. Also, all withdrawals from my account also require email confirmation...

I still suspect insider trading and other shenanigans on that exchange, but they've never done me wrong, although some of the spikes and swings have given me reason to question.

I don't know where they're from or where they're located, and it's always possible for a third party to just take your money and run, (recent shenanigans in cypress as an example)

Personally, I feel that CaVirtex is just as trustworthy as any other bank for the purposes of exchanging currencies, and I feel much more comfortable with keeping the majority of my liquid assets in crypto-assets that I can safely secure without any trust in a third party.