Colombian exchange Colbitex closes down after being open for just a few days

[BitcoinXio]

Bitcoin exchange Colbitex had a short lived success, if you would like to call being open for a few days successful. Colbitex was Colombia’s first locally owned bitcoin exchange where people could buy and sell bitcoin in Colombian Pesos (COP). It was open for a month prior to going live in beta testing, and after going live a few days later they have shut down.

Read more: http://bitcoinx.io/news/articles/colomb ... -few-days/

[iFixBTCmemoryIssues]

Bitcoin exchange Colbitex had a short lived success, if you would like to call being open for a few days successful. Colbitex was Colombia’s first locally owned bitcoin exchange where people could buy and sell bitcoin in Colombian Pesos (COP). It was open for a month prior to going live in beta testing, and after going live a few days later they have shut down.

Read more: http://bitcoinx.io/news/articles/colomb ... -few-days/

Good, this is a serious business not for the weak hearted.

There is no point in running an exchange unless you are extremely qualified as this is a complex system that requires much hardening. You need to be on your game 24/7.

One company I have praise for is Coinbase, this is a company who works 24/7 to keep your Bitcoin secure.