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by berkes 4488 days ago
I've been advocating Bitcoin and trading with it since early 2011. Yes, MtGox was unstable. But so were other platforms.

I've tested withdrawal on MtGox every three years, to see and experience their current liquidity: Getting out Euro's was easy: getting out BTC has never been a problem. Probably them being my three-monthly-test, only a few hundred Euro or a fraction of a Coin at most, made it go through just fine.

Yes, there were apparent problems, and yes, these were highlighted everywhere. But in that case: with very little searching you'll read about people having problems bitstamp, kraken, btc-e, and whatnot.

This is a confusing market; one that requires you to keep a keen eye on the social-workings of some niche-forum, a reddit-community and a blogosphere around all that. In that sense, it might not be hindsight, no. But in that sense, /any/ problem was predicted. By someone. On some Forum. Or Blog. Or reddit-self.post.