Coinbase Cryptsy Lawsuit: Or Why I Don't Trust Crypto
This article touches on just a fraction of why I am skeptical, and very much leery of cryptocurrency. I believe that the risk of theft and vanishing funds or accounts is very high.
Come on. Read this and tell me that this can't happen to literally any crypto-wallet-blockchain-davinci codex-umun&thumen currency! Seriously people, this is going to happen at world class gangster levels. Be careful.
http://www.coindesk.com/coinbase-appeal-cryptsy-collapse-lawsuit/
your beef is with one exchange.. not cryptocurrency in general.
All investments involve varying degrees of risk; that doesn't mean that risk can't be managed responsibly. You're absolutely right to be wary but the better you understand the risks the better you can manage them!