Friday, April 26, 2013

Study shows 45% of Bitcoin exchanges end up failing

http://bgr.com/2013/04/26/bitcoin-exchange-failure-rate-45-percent-467146/


45% of Bitcoin exchanges end up shutting their virtual doors while leaving their users’ money in limbo. However, this doesn’t mean that the Bitcoin exchanges that have survived so far are safe havens, since the study also shows that they’re under constant assault from cybercriminals who are working around the clock to hack users’ transactions. 

3 comments:

  1. Why would any sane person trust the bitcoin?

    ReplyDelete
  2. This presents a huge problem for my potential interests of purchasing any bitcoins. Not knowing whether my money is secure or if I'll be able to use my coins is counterproductive to the reason behind using or purchasing bitcoins.

    ReplyDelete