Bitcoin Forum

EasyCoin charges no further fees when converting the top up into either Bitcoin or Litecoin.

If it's not too early to ask, how is the service going to be marketed in these countries?

(And congrats!)

This looks great!

Are there any plans for a smart phone wallet/app? If I could withdraw cash from an ATM, top up at my nearest payment centre, then buy my bitcoins before I leave the store, I would be very impressed.  :o

How much of the 4 % fee will go to Neo, and how much to ZipZap? Or does it all go to ZipZap and Neo gets profit some other way?

Nice! From where will be the price of BTC-LTC be derived from?

It's not a single company with 28,000 locations. Every small local shop in the UK has a paypoint or payzone terminal. They'll connect to ZipZap through those terminals. I presume it will be like buying mobile phone credit.

Following a successful top-up you will then have the ability to execute your order whenever you choose and those coins will be delivered to your wallet within a matter of seconds.

How many seconds, exactly?

Will you guys support GreenDot as a payment? That is a very popular cash option in America.

We have no plans to use green dot at this moment in time

Hello! Long time lurker and new member of the forum. Finally registered due to serious interest in easyco.in and the ZipZap partnership.

Regarding easyco.in specifically, how likely is the December 31st/Jan 1st launch?
As someone involved with Internet business development and strategy, launch dates on holidays, EOD Fridays, over the weekends, beginning of a new year, etc. rarely work out as intended.

What are the web development, design and user experience plans for easyco.in?
I don't intend to be rude, but the Neo sites are not designed very well from either an artistic or user-friendly perspective. Given the stakes and the audience being targeted, easyco.in should reflect a more serious investment in design and UX. Then, in the future, maybe your other products can follow suit.

How soon can an official press release be posted about the partnership with ZipZap?
A Dec 31/January launch date has been posted in multiple locations, including the official updates seen through your Havelock profile. However, I have not seen any official updates from Neo's web portals or ZipZap's website/blog regarding easyco.in's partnership with ZipZap. How soon can we expect to see this?

Thank you for any additional information you can provide.

EDIT:

I want to add that it may be smart to move to a different domain ccTLD/gTLD. Given the recent raids in India, they may decide to confiscate or terminate bitcoin businesses on .in. I understand the .in usage is purely for the clever domain branding, but I don't think it's worth the risk given India's current reaction.

All the best.

Welcome Coinhuddle, absolutely thrilled to see your interest.

1) Save some operational hiccup we haven't spotted yet we expect to be online in at least beta mode by Dec 31st. Our Dev team has been working very hard to multiple deadlines including easyco.in with more than one of the team working xmas day to keep us on track.

2) Sorry to hear you haven't been pleased with the current Neo sites, presumably you mean the shareholders website? We have used a Web designer in the development of easycoin but the UI has been in house. Based on its user demographic a lot more time has been invested in the layout and user experience, hopefully this will show. Based on any feedback we receive we are open to change but I'm confident we have made a great site in easyco.in

3)We are working closely with ZipZap to push this out in the form of an official press release when it suits us both best. So far we ourselves have officially announced it to shareholders via the Neo and Bee thread and to the rest of the Bitcoin community in a thread in service announcements as well as reddit. We will be holding off any mass marketing until we have had a chance to fully test easycoin during the beta period. Although we don't expect any bugs or snags, we are well aware how important the project is and we want it to run like clockwork before we attempt to bring thousands of customers into the equation.

4) Your raise a very good point here. I don't expect that we would be of any interest since we don't run any operations there but the hardline stance of the Indian government certainly doesn't bode well. We are discussing this internally on how best to proceed.

Tom

Unfortunately we have encountered a small delay in the launch of EasyCoin. The launch will now be rolled back approximately 7-10 days. This delay was unforeseeable in nature but only ranks in at trivial. Beta testers have been organised and updated already abut the delay. Apologies to anyone waiting to either use the service or get an update about what’s happening.

Tom

There will be further comments on the situation on Monday. Apologies

Availability in the UK will be online once the payment service provider goes online there, the same applies for Norway, Denmark, Sweden and Russia.

If we were buying and selling yes, this is correct. We now have legal council with two of the best lawyers in the business, both agree our situation is a grey area only Fincen can make a decision on. The advice we received prior to this came from someone  who no longer works with, or for the company.

I still think this is the biggest news of the year so far ...

Who is payment provider for that countries ? ZipZap ? When they'll be ready ?

Agreed.

It's a simple point of competition for finite resources. This is not quite as visible in fiat, because in fiat bs gov'ts can create and do create fake money to prop up wasteful/pointless paraeconomic ventures run by the "right people", which is just another way of saying "popular" (which is, of course, the wrong game to play if you aim for prosperity).

In BTC however, where resources are absolutely finite, there will only be so much BTC available for investment at any given time. This BTC will be allocated to the available investments somehow. Part of it will be allocated by idiots (https://bitcointalk.org/index.php?topic=106391.0), on paraeconomic criteria like "we don't like MPEx". Part of it will be allocated economically. As time goes on the share available to the idiots to allocate as they see fit dwindles, and the share available to the rational players increases. Since human behavior is reinforced by success and (usually, except in the case of a really limited pile of hardcore idiots) discouraged by failure, the flow is even faster as individual people realize they are being part of the idiot group and jump ship.

Soon enough the situation reaches equilibrium, which is pretty much where we're at. In short, the beauty of economy is that it works.

None of this is to mean MPEx is perfect, by any means. That's not the point at all. It just means MPEx is the standard, and because stock exchanges are fundamentally a convergent, naturally standardizing market it also means the accretion trend will continue, exactly in the same way and fundamentally for the same reasons Bitcoin grows against fiat currencies.

It's by now impractical for any serious company contemplating being listed in BTC to forego the significant capital available on MPEx in order to favor a different venue (in fact, the cost of doing so can be calculated on the basis of the volume difference, and is in any case significant) for a variety of reasons, and certainly such an attempt would imply the modification of said company to include "being an exchange", which requires rare and valuable skills (programming notably NOT being one of them) and other human capital. Such an effort necessarily spells a movement away from said corp's core mission, whatever it may be (*).

A willingness to move away from the core mission, a cavalier attitude towards incurring costs and foregoing benefits all work together to paint a very unflattering picture in the eye of the discerning investor (If these people have any confidence in their business, why are they working on moving away from it to do something else? If they have the capital to pursue reinventing the wheel, why do they need my investment? If they're not interested in cashing in now why should I expect they ever will get my shares dividends?) and rapidly the convergence effects become very strong indeed.

The porn industry awaits for you honey, don't waste your time here no one cares for your brain, tits look promising!

EasyCoin is still undergoing the BETA phase of testing in some jurisdictions as we continue to add payment options for varying jurisdictions.

EasyCoin will have a delayed roll out in the US, this is due to awaiting the written clarification from FinCEN with regards to the basis of license requirements for our specific operation. This is unfortunate in the short term, however having these clarifications in writing will benefit the long term operations.

Availability in the UK will be online once the payment service provider goes online there, the same applies for Norway, Denmark, Sweden and Russia. We are working closely with other payment service providers to enable the platform to become available in other jurisdictions throughout Europe and the Rest of the World.

We offer apologies to those BETA testers and the wider public who are awaiting the commencement of operations in the US.

With ZipZaps recent release of cashcoin (http://cashcoin.zipzapinc.com/) what is happening with easycoin now?
Has your involvement with ZipZap been lost?

Not at all. Easy coin never had exclusivity.

So what EasyCoin had if not exclusivity? Whats left?

Our operations hinge in no way on one payment processor. EasyCoin hopes to provide the widest choice of top-up methods and selection of crypto currencies.

EasyCoin will officially launch prior to December 31st 2013.