It's hard to overstate how much of a bad apple MtGox was. In 2011 they were hacked causing the first huge bitcoin crash -- probably still the largest crash eve

It's hard to overstate how much of a bad apple MtGox was. In 2011 they were hacked causing the first huge bitcoin crash -- probably still the largest crash ever in bitcoin's history. Yet because they had the most reserves, people kept the volume there. In 2012 their tech was incapable of supporting new volume and caused flash crashes. Yet because they had the most reserves, people kept the volume there. For most of 2013 nobody could withdraw anything from MtGox. Yet because they had the most reserves, people kept the volume there. No other exchange was this bad. Now you see why a lot of us are happy this company is gone. It just sucks they had to take so many people down with them.