Re:How the Bitcoins Were Stolen from Mt. Gox [video]
by InclinedPlane on Sunday September 17, 2017 @10:35PM
(#15272969)
What standard did you set in terms of deciding whether a BTC exchange was trustworthy or not? What did you do to determine whether Mt. GOX was trustworthy and had met that standard? How did they gain your trust?
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Re:How the Bitcoins Were Stolen from Mt. Gox [video]
by quickthrower2 on Sunday September 17, 2017 @10:49PM
(#15273037)
You can just assume zero trust. Transfer in what you can afford to lose. Split your big trades into a lot of small trades across exchanges keeping a maximum amount in flight at any time. Money is only safe if it confirmed in your crypto wallet, or in your bank account but beyond and period where the transaction could be reversed.