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Unfortunately, it's true. It hasn't happened just once or twice. They may have some excuse in the ToS, I can't read legalese, but, again, they will have huge is
by kolev 13y ago
Unfortunately, it's true. It hasn't happened just once or twice. They may have some excuse in the ToS, I can't read legalese, but, again, they will have huge issues when non-technical people who are used to the penny-level precision and honesty of banking and stock trading. Same with Bitcoin exchanges. I had Bitstamp incorrectly execute orders twice, which cost me even more than the few dollar rate difference with Coinbase. I won't mention the situation where you have an open position during big movements and their service gets offline and you cannot react. When it comes to money, regulation doesn't seem like a bad idea! All these things added to widespread Bitcoin theft and marketplaces created just to steal bitcoin en masse hurt pretty badly the reputation of Bitcoin!