Bitcoin Forum

Bitcoin => Press => Topic started by: Birdy on June 23, 2013, 10:18:37 PM



Title: 2013-06-23 Coinsetter aims to launch its Bitcoin trading platform in July
Post by: Birdy on June 23, 2013, 10:18:37 PM
http://thenextweb.com/insider/2013/06/23/coinsetter-aims-to-launch-its-bitcoin-trading-platform-in-july/

Quote
Enter Coinsetter, a high-performance, U.S.-based leveraged trading platform for Bitcoin that raised $500K this past April from Tribeca Venture Partners and SecondMarket founder and CEO Barry Silbert. Based in New York City’s Fueled Collective, this startup is working to become Wall Street’s professional connection to Bitcoin; its objective is nothing short of legitimizing the Bitcoin industry in the process.


Title: Re: 2013-06-23 Coinsetter aims to launch its Bitcoin trading platform in July
Post by: btceic on June 23, 2013, 10:22:12 PM
http://thenextweb.com/insider/2013/06/23/coinsetter-aims-to-launch-its-bitcoin-trading-platform-in-july/

Quote
Enter Coinsetter, a high-performance, U.S.-based leveraged trading platform for Bitcoin that raised $500K this past April from Tribeca Venture Partners and SecondMarket founder and CEO Barry Silbert. Based in New York City’s Fueled Collective, this startup is working to become Wall Street’s professional connection to Bitcoin; its objective is nothing short of legitimizing the Bitcoin industry in the process.

Quite an audacious claim, I hope they succeed!

If they can get wallstreet involved and loving bitcoin then we are golden, errm screwed....


Title: Re: 2013-06-23 Coinsetter aims to launch its Bitcoin trading platform in July
Post by: Dacm4n on June 23, 2013, 11:32:27 PM
They picked a good time to launch.


Title: Re: 2013-06-23 Coinsetter aims to launch its Bitcoin trading platform in July
Post by: Severian on June 23, 2013, 11:34:12 PM
Aaaaand the banker boys takeover Bitcoin.


Title: Re: 2013-06-23 Coinsetter aims to launch its Bitcoin trading platform in July
Post by: semaforo on June 24, 2013, 04:05:18 AM
  With margin trading we can expect a lot more volatility...


Title: Re: 2013-06-23 Coinsetter aims to launch its Bitcoin trading platform in July
Post by: TraderTimm on June 25, 2013, 12:01:03 AM
What everyone seems to forget is how more trading platforms just play into the long-term strategy that Satoshi most likely envisioned. Each trading center is merely a "bridge" to the bitcoin ecosystem. In the long run, we will depend less and less on these chokepoints as they conveniently convert all the flawed currencies into the cryptographically secure bitcoin.

They also serve as convenient temporary targets for the existing system to attack, so more of them equals more diluted effort from any centralized source, which mirrors Bitcoin's internal workings - having its resources distributed means resilience in the face of any serious effort to attack it.

This is why more trading platforms are better, and ultimately will only exist in very consolidated forms when fiat currencies are looked upon as the paper/plastic trading tokens they really are.

Just another step toward total BTC dominance.


Title: Re: 2013-06-23 Coinsetter aims to launch its Bitcoin trading platform in July
Post by: vokain on June 25, 2013, 02:39:12 AM
Do you think we can use Bitcoin as capital to leverage?


Title: Re: 2013-06-23 Coinsetter aims to launch its Bitcoin trading platform in July
Post by: Rygon on June 25, 2013, 06:31:38 PM
In light of all the issues at other exchanges and Bitcoin enterprises, one would think that they would have mentioned whether or not they will have all the appropriate licenses in the US to operate as a money exchanger, forex, etc.

I certainly hope that they will have success in bringing in big money to the markets by providing higher levels of security and so-called "Wall Street connections". But I haven't seen anything yet that looks like they have any pre-existing connections to Wall Street markets that could be leveraged. I hope they have a hell of a sales team to bring in the big traders.


Title: Re: 2013-06-23 Coinsetter aims to launch its Bitcoin trading platform in July
Post by: Severian on June 25, 2013, 06:43:07 PM
But I haven't seen anything yet that looks like they have any pre-existing connections to Wall Street markets that could be leveraged.

Say what? Coinsetter is nothing but Wall St. connections.

Quote
Jaron Lukasiewicz

Co-Founder and CEO

Jaron Lukasiewicz is the Chief Executive Officer of Coinsetter. Prior to Coinsetter, Jaron was the Co-Founder of Ticketometer, an social media-focused online ticketing platform. Prior to that, Jaron was an Associate at The CapStreet Group, a Houston-based private equity firm, and an investment banker at J.P. Morgan and Madison Williams in their global investment banking groups. Prior to that, he was a summer analyst at SPB Partners, a Las Vegas-based private equity firm. Jaron is fluent in Spanish and Portuguese.


Marshall Swatt

Chief Technology Officer

Marshall Swatt is the Chief Technology Officer of Coinsetter. Marshall has deep experience with numerous startup ventures, as well as creating and managing the development of challenging and complex software systems for large corporations.
Quote
Prior to Coinsetter, Marshall was a senior consultant on the development and launch of Citigroup's fully-rebuilt retail FOREX trading platform.
Prior to that, Marshall led the design and development of Opt-Intelligence's successful real-time advertising platform. Previously, he was a consultant on the redevelopment of a real-time SMS inter-carrier messaging platform that was eventually sold to Real Networks, and he has worked on numerous software projects for companies such as Deutsche Bank, Deutsche Financial, Condé Nast, Digital Draft FCB, MRM Worldwide, Pixelpark A.G., Agency.com, Magnet Interactive, National Geographic Society, Mind's Eye, MoMa, and Microsoft.


Title: Re: 2013-06-23 Coinsetter aims to launch its Bitcoin trading platform in July
Post by: Rygon on June 25, 2013, 07:49:48 PM
But I haven't seen anything yet that looks like they have any pre-existing connections to Wall Street markets that could be leveraged.

Say what? Coinsetter is nothing but Wall St. connections.

Quote
Jaron Lukasiewicz

Co-Founder and CEO

Jaron Lukasiewicz is the Chief Executive Officer of Coinsetter. Prior to Coinsetter, Jaron was the Co-Founder of Ticketometer, an social media-focused online ticketing platform. Prior to that, Jaron was an Associate at The CapStreet Group, a Houston-based private equity firm, and an investment banker at J.P. Morgan and Madison Williams in their global investment banking groups. Prior to that, he was a summer analyst at SPB Partners, a Las Vegas-based private equity firm. Jaron is fluent in Spanish and Portuguese.

Marshall Swatt

Chief Technology Officer

Marshall Swatt is the Chief Technology Officer of Coinsetter. Marshall has deep experience with numerous startup ventures, as well as creating and managing the development of challenging and complex software systems for large corporations.
Quote
Prior to Coinsetter, Marshall was a senior consultant on the development and launch of Citigroup's fully-rebuilt retail FOREX trading platform.
Prior to that, Marshall led the design and development of Opt-Intelligence's successful real-time advertising platform. Previously, he was a consultant on the redevelopment of a real-time SMS inter-carrier messaging platform that was eventually sold to Real Networks, and he has worked on numerous software projects for companies such as Deutsche Bank, Deutsche Financial, Condé Nast, Digital Draft FCB, MRM Worldwide, Pixelpark A.G., Agency.com, Magnet Interactive, National Geographic Society, Mind's Eye, MoMa, and Microsoft.


Eh, with the exception of the work on the Citigroup FOREX platform, I see little evidence of solid Wall Street connections on the banking side. A lot of experience, yes, but I'd be more excited if there was someone involved in this that had serious connections at a high level doing international trading. Perhaps Lukasiewicz has those kind of connections from work at JP Morgan and Madison Williams, but he could have just been another mid-level investment banker among thousands.


Title: Re: 2013-06-23 Coinsetter aims to launch its Bitcoin trading platform in July
Post by: Severian on June 25, 2013, 10:32:18 PM
I'd be more excited if there was someone involved in this that had serious connections at a high level doing international trading.

We're all entitled to our opinions. My interest is in Bitcoin, not money. Wall Street is interested in money, not in Bitcoin.