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I still don't understand why are people keeping bitcoins on MtGox in the first place? It's not like they are going to get any interest from MtGox from doing so.
by levosmetalo 13y ago
I still don't understand why are people keeping bitcoins on MtGox in the first place? It's not like they are going to get any interest from MtGox from doing so. If you need to buy/sell bitcoins then just send them to MtGox and retrieve immediately after transactions. Just keeping money, either virtual or real in someone elses wallet is not a good idea, especially if you don't get any benefit, only potential risk.
I'm not blaming the victims here, just can't understand the reasoning behind. Then again, I have never used MtGox, so I might have been missing something.
- brokenmusic 13y agoTrading. Some people trade.
- Mtinie 13y agoThat accounts for some of the people who use the exchange that way, but I'm not sure it applies to most of the funds that have stayed out there.
- jnbiche 13y agoVolume on Bitstamp has been adequate for trading for sometime now.
- levosmetalo 13y agoI said "except for trading". As "money/coins in", "buy/sell", "coins/money out". Still not understand why keeping it there.