I got on temporary (1 day, if I understand correctly) questions ban. I guess this is due to this question mainly
since it's the only one with a negative vote balance. I'd like to continue asking questions about them, but this site doesn't take it too well to questions about Bitcoins. So I'm trying to see if I can ask questions which are better received, or if I'll have to ask my questions somewhere else.
Concerning specifically question Are there multiple Bitcoin markets? would it help if I deleted it? I'm not convinced that modifying it will attract upvotes (sometimes people downvote just because one changed the accepted answer), but if modifying is better than deleting, how could I modify it in order to improve it? I need suggestions which are specific to this question, not generic ones such as "make it fit better the Q&A paradigm of the StackExchange network".
I would like to ask another question on Bitcoins, i.e.
"What's the difference between a Bitcoin Wallet and a Bitcoin Exchange"
I want to invest a small amount of money in Bitcoin. Reading this, I discovered that one should create a Bitcoin Wallet before buying Bitcoins on a Bitcoin Exchange such as Coinbase or Kraken. I don't understand why I should do that, isn't enough to download the Coinbase app, for example? Also, the link says that
While exchanges offer wallet capabilities to users, it’s not their primary business. Since wallets need to be kept safe and secure, exchanges do not encourage storing of Bitcoins for higher amounts or long periods of time. Hence, it is best to transfer your Bitcoins to a secure wallet.
What's the reason for that? It seems very weird to me. If I buy stock options, no one would object to me keeping them invested for years. Then why can't I leave my investment on a Bitcoin Exchange for a long period? Do I risk that the Exchange goes bankrupt or something like that?
Would this be an acceptable question for this site? If not, why?