(mtgox-october 2010 till feb 2014 & cryptsy May 2013 till January 2016) ,events which frustrated many traders and users of the website.
But first let's not forget www.bitcoin-24.com /btc24 firstly closed in April 2013, before mtgox down in feb 2014.
Many had to suffered big losses. Not only trading activity stopped but also clients' fund has been frozen and held by the MtGox. Mtgox claimed that they're being hacked,all coins are stolen.
click here for mtgox claim update>https://www.mtgox.com/
Common factors:
* Insolvent for weeks, denying large withdrawals
* Starts denying small withdrawals
* Gets "hacked"
* Coins being stolen by cyber thief
Cryptsy = MtGox
Here's the list of closed bitcoin exchanges we still remember:-
- The Bitcoin Market - Closed On February 6, 2010
- Bitcoin-24 - opened May 2012,closed April 2013.
- Tradehill -opened June 2011,closed February 2012
- The Bitcoin Market - On February 6, 2010
- Crypto-trade.com -opened March 2013 ,ended January 2015
- Intersango -opened July 2011 ,ended December 2012
- WeExchange- opened Dec2012.closed November 2013
- CoinEx- opened July 2013. closed Dec 2015
- McxNOW- Sept 2013 to November 2014
For list of bitcoin exchange markets that still live >>UPDATE for 2016.;PLEASE READ HERE
I DID put WARNING here for all of you to use the websites carefully.
1) Currency trading can be volatile which is a danger to those who can not afford to lose a lot of money.
2) Trade exchange crypto can cause economic pressure if you invest a lot of money
.3) Beware of the PUMP-AND-DUMP scam in crypto currency trading.
4) Too many shitty coins (I'd call it TRASH COIN) out there in the market that will go nowhere unless making you lose money for buying 'TRASH' coin that will certainly lose the price and die. (Dead coins)
Not everyone gets what PUMP-AND-DUMP thing is,well it is a scheme that attempts to boost the price of a stock through recommendations based on false, misleading or greatly exaggerated statements.
other definitions, denoting the fraudulent practice of encouraging investors to buy shares in a company in order to inflate the price artificially, and then selling one's own shares while the price is high.
SO BEWARE!
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