Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: WiseOldOwl on September 25, 2011, 08:02:50 PM



Title: Just a heads up - New service - DaVinci Cash
Post by: WiseOldOwl on September 25, 2011, 08:02:50 PM
"Welcome to Davinci Cash!! We are a instant payment solution with multiple denominations of currency, including a revolutionary currency known as Bitcoin! You can transfer funds to any DaVinci Cash user instantaneously. We offer an API for automated integration on multiple platforms. Please see our various informational pages like the FAQ. Buy or Sell DaVinci Cash today at one of our trusted exchanges!"

https://www.DaVinciCash.com

MarketPlace- For vendors and customers
https://bitcointalk.org/index.php?topic=45520.0

Project Development- If you are interested in the bounties
https://bitcointalk.org/index.php?topic=45518.0

Are there no services that could use a combo of companies the could literally put money into their customers accounts today?

1) Open DaVinci Cash Account (2minutes)
2) Add API to your deposit page at your site or service or process manually (5-60 minutes)
3) Customers buy DaVinci Cash from BitcoinBux (which takes a couple hours; cash deposit at bank, wu, mg, etc.)
4) Customer deposits to your Davinci Cash account and you credit them the applicable funds in your service or site.
Woila!
4) They can withdraw, Which would be you sending back whatever balance is left to their davinci cash account. Then they can cash out at bitcoinbux or participating exchanges. If you are left with DaVinci Cash profits you can cash them out at an exchange too!!

Its easy and fast and available right now. I can help merchants get setup if anyone is interested.
So you have DaVinci Cash funds represented in one of the denominations, and it can be cashed out for real money in those denominations through exchanges like bitcoinbux.com, including real bitcoins. This allows for you to not worry about all the BS of processing orders and funds, and just focus on your business. :)


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: S3052 on September 26, 2011, 06:18:00 AM
this looks very interesting


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: qikaifu on September 26, 2011, 08:02:46 AM
deleted.


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: BitcoinBug on September 26, 2011, 10:11:03 AM
I wish the fee will be lower. the bitcoin transactions cost at least 1 btc.

No, they cost at most 1 BTC.  ;)


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: Elwar on September 26, 2011, 10:58:47 AM
So..you are exchanging currency for "Davinci Cash" which you can then only us at "select merchants" which then can convert to Bitcoins or back into cash...

Why not just exchange your currency for Bitcoins which you can then only use at select merchants which then can either stay as Bitcoins or converted into cash?


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: ParrotyBit on September 26, 2011, 01:49:10 PM
Website has that new template smell on it. I wonder where I've seen that ToS before...
http://www.libertyreserve.com/en/home/termsofservice


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: nefanon on September 26, 2011, 02:52:07 PM
OP: Please add this description to the 1st post  :)

"Welcome to Davinci Cash!! We are a instant payment solution with multiple denominations of currency, including a revolutionary currency known as Bitcoin! You can transfer funds to any DaVinci Cash user instantaneously. We offer an API for automated integration on multiple platforms. Please see our various informational pages like the FAQ. Buy or Sell DaVinci Cash today at one of our trusted exchanges!"


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: WiseOldOwl on September 26, 2011, 03:37:53 PM
Yes the TOS is a ecurrency standard,
only thing is Davinci is in a safer jurisdiction combo :) so goodbye to some of the privacy infringement you see in LR's TOS :)

I understand people here are very skeptical, with good reason. Just to clarify, this service doesnt gain anything from leaving, they gain from staying. Its BitcoinBux that will handle transactions  along with other participating exchanges,  Davinci Cash just sits back and collects their 1%. They want more people to use it and are advancing very quickly to meet the common demands.

Please dont FUD this to the extreme, I know people wont get ripped off by my company who has done over 100,000 USD$ in transactions for bitcoin. This is an awesome and usable service for many merchants and customers

So..you are exchanging currency for "Davinci Cash" which you can then only us at "select merchants" which then can convert to Bitcoins or back into cash...

Why not just exchange your currency for Bitcoins which you can then only use at select merchants which then can either stay as Bitcoins or converted into cash?
Usually it is expensive to exchange local currency for bitcoin, when it is only 3% for davinci cash. Also, DaVinci allows for ease of payment and you can move between companies with your funds easily. It is cheaper to get Davinci Cash from bitcoinbux.com than it is bitcoins. And there is plenty of automation available for very quick deposits and withdraws.. Also how are they giving the cash back to you? ACH, Wire, wouldnt you rather have the options that BitcoinBux has? Including Western union/ MoneyGram, MoneyPak payment, Domestic/international wire, gift card, check/cash by mail, etc.,??


*Will add description to first post*


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: WiseOldOwl on September 26, 2011, 03:47:31 PM
Let me clarify,
DaVinci Cash is not trying to replace bitcoins in any way.
They are a tool to be used for the bitcoin community :)


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: Maria on September 26, 2011, 04:49:16 PM
It is not trying to replace bitcoins, however, it is a direct competitor to liberty reserve. Why is your system better?

Maria.


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: WiseOldOwl on September 26, 2011, 05:03:04 PM
Bitcoin Denomination,
Icelandic IMMI laws on data and information protection,
Safety of Hong Kong Banking,
Much closer communication to the bitcoin community.
It is a direct Liberty Reserve competitor, the more the merrier right?
There is a plan being considered to allow bitcoin deposits and withdraws directly to the system.
Also there a couple little things like the "Payment Card" generator which can be cool.

I am waiting for the next list of improvements coming,
I know they are going to have a off/on for the API, and different currency choices for the payment cards rather than a number limit only, I'm sure there will be much more to come.

I do not own this, I am just vested in it.


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: Phinnaeus Gage on September 26, 2011, 05:11:49 PM
I have an issue with the TOS page and the rotating stock photos on the home page. Yes, slick looking, but doesn't past the smell test in my book.


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: WiseOldOwl on September 26, 2011, 05:18:47 PM
:)
FUD


Well Then,
I would gladly put up a few BTC if anyone wants to design some photos for those slides with a "slick" looking explanation of Davinci Cash. Neither I nor the Programmers/owner who made Davinci have any graphical art talents lol.

Anyone who saw my BTC craps banner from a few months back would know lol.


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: ParrotyBit on September 26, 2011, 05:23:39 PM
Icelandic IMMI laws on data and information protection,
Safety of Hong Kong Banking,

Which IMMI laws on data and information protection, specifically? The IMMI hasn't even been implemented yet, so this protection doesn't exist.

How is the safety of Hong Kong banking relevant to an entity that isn't a bank?

ETA: Changed passed to implemented for clarification


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: WiseOldOwl on September 26, 2011, 05:31:53 PM
I am not the lawyer for them so i guess i should be more careful because this is off my research and my opinions.
But from what i can tell as it is right now iceland has awesome privacy and information protection laws.
All this is is a pool of information. That is backed by their money in HK, and I assume the bitcoins are offline somewhere safe.
If the place where the backing is isnt safe then it is worthless. Hong Kong is the place to be when it comes to big banking. Liberty Reserve uses like costa rica or something.
Anyways, things are moving along nicely for them so I would imagine there will be changes along the way. I'd imagine as the make more money there will be more lawyers to smooth everything out.

This is my opinion.


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: Phinnaeus Gage on September 26, 2011, 05:40:56 PM
:)
FUD

Well Then,
I would gladly put up a few BTC if anyone wants to design some photos for those slides with a "slick" looking explanation of Davinci Cash. Neither I nor the Programmers/owner who made Davinci have any graphical art talents lol.

Anyone who saw my BTC craps banner from a few months back would know lol.

Not trying to FUD, but may ask tough questions.

Is Davinci Cash affiliate with Bitcoin Bux?

You're vested in this venture in what way?


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: WiseOldOwl on September 26, 2011, 05:42:46 PM
I agreed to sell and buy their currencies.
I bought some to have it ready.
And I sold them their BTC for their bitcoin trust.


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: WiseOldOwl on September 26, 2011, 05:47:30 PM
Sorry,
Phin, didnt mean to accuse you, it is happening a lot now a days. I have read a lot of your posts before :)



Not trying to FUD, but may ask tough questions.




Title: Re: Just a heads up - New service - DaVinci Cash
Post by: Phinnaeus Gage on September 26, 2011, 05:50:48 PM
I agreed to sell and buy their currencies.
I bought some to have it ready.
And I sold them their BTC for their bitcoin trust.


Good answer--to a different question.

I'll ask it more clearly. Are the owners one and the same or is there a direct relationship between the owners of the two comanies?

Registered through: GoDaddy.com, Inc. (http://www.godaddy.com)
Domain Name: DAVINCICASH.COM
Created on: 02-Aug-11
Expires on: 02-Aug-12
Last Updated on: 12-Sep-11

Registered through: GoDaddy.com, Inc. (http://www.godaddy.com)
Domain Name: BITCOINBUX.COM
Created on: 13-Jun-11
Expires on: 13-Jun-12
Last Updated on: 15-Jul-11

My red flag was raised here:

Quote
Trusted exchange specializing in DaVinci Cash and Bitcoins! Fast, safe, and secure. One of the favorite exchanges of our users. BitcoinBux.com

No other exchanges mentioned and it's already a favorite by your users.

Edited: No problem. I'm sure others will be asking even tougher questions. So sorry that you have to convince us, but...(those three dots is a clue).



Title: Re: Just a heads up - New service - DaVinci Cash
Post by: WiseOldOwl on September 26, 2011, 05:58:58 PM
Yes i have worked alongside them from the beginning.
I addressed that in another thread.
We used my card and godaddy discount code.
But i dont own the company, it is theirs.
I have a contract to get the money at 1:1, and I charge a few percent.
I do know the owners, they were investors in my business (bitcoinbux) with a loan, without them it would have not been possible. They are professionals and don't want to be involved here.
So there is a relation, but they are separate entities.
I really do want to address all this now, rather than later, keep em coming :)
Due to the nature of business in the world today you have to be pretty closed about your info between the company and the govt., unfortunately this often looks to be hiding form the customer when in fact that is an unfortunate by-product


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: Phinnaeus Gage on September 26, 2011, 06:10:41 PM
Yes i have worked alongside them from the beginning.
I addressed that in another thread.
We used my card and godaddy discount code.
But i dont own the company, it is theirs.
I have a contract to get the money at 1:1, and I charge a few percent.
I do know the owners, they were investors in my business (bitcoinbux) with a loan, without them it would have not been possible. They are professionals and don't want to be involved here.
So there is a relation, but they are separate entities.
I really do want to address all this now, rather than later, keep em coming :)
Due to the nature of business in the world today you have to be pretty closed about your info between the company and the govt., unfortunately this often looks to be hiding form the customer when in fact that is an unfortunate by-product

I accept your answer. I love the professional reply. I hope you the best with this venture. I have bookmarked your site. Thank you kindly, WiseOldOwl.

Bruno


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: Maria on September 26, 2011, 06:37:04 PM
Old Wise Owl is the truth indeed. Not related to this post, but I have transferred thousands using bitcoinbux and I have to say they are the cheapest fastest service you can find dealing in many e-currencies including Pecunix which is one of my favorites.

Keep up that great service!!

Maria.


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: WiseOldOwl on September 26, 2011, 06:42:27 PM
This looks like a decent service but the content on the website needs to be improved.
Specifics please, and suggestions welcome.
We already had a person point out the http links on the api page so i sent them an email to change it earlier.
Thats why we are doing this here, I know I can count on some real feedback :)


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: WiseOldOwl on September 26, 2011, 06:45:06 PM
Old Wise Owl is the truth indeed. Not related to this post, but I have transferred thousands using bitcoinbux and I have to say they are the cheapest fastest service you can find dealing in many e-currencies including Pecunix which is one of my favorites.

Keep up that great service!!

Maria.
Thank you for the kind words :)
As much as I loved it too, we have pulled back from pecunix a little. Not that there is anything wrong with it, it is awesome, it is just to expensive to exchange everywhere. Nevertheless, thanks again.


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: nefanon on September 26, 2011, 06:49:18 PM
Yes i have worked alongside them from the beginning.

Hi Wise, just a few comments from a newbie. I saw this from your other thread:

"You can use it as a payment service to get bitcoin.
Because you cannot use credit cards or any other reversible form of payment which is almost all of them.
So you buy this from an exchange and then people dont have to be scared to accept payment from you.
"

You should really include something like this in your 1st post, it took me a really long time figure this out. Maybe you could modify the steps you posted to something simpler like this:

Are there no services that could use a combo of companies the could literally put money into their customers accounts today?
DaVinci Cash is a merchant service that can put money in your customer's account today! This is how DaVinci Cash works:

1) Open a DaVinci Cash Account
2) Add DaVinci Cash API calls to your website's deposit page
3) Customers buy DaVinci Cash from an exchange (like BitcoinBux)
4) Customers deposit to your DaVinci Cash account and you credit them the applicable funds on your website
5) They can withdraw from your site to their DaVinci Cash account and cashout at a participating exchange (like BitcoinBux)


I also have a question: How does this help the bitcoin community? It seems like this service adds another step to the whole process of getting bitcoins (assuming a merchant would use DaVinci Cash to sell bitcoins).

PS. The fact that Maria likes it makes me want to run away screaming :D


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: ParrotyBit on September 26, 2011, 06:52:55 PM
PS. The fact that Maria likes it makes me want to run away screaming :D

But maybe Maria wants you to think that, when it's the reverse, and they're trying to destroy bitcoinbux!


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: WiseOldOwl on September 26, 2011, 06:58:17 PM
Yes i have worked alongside them from the beginning.

Hi Wise, just a few comments from a newbie. I saw this from your other thread:

"You can use it as a payment service to get bitcoin.
Because you cannot use credit cards or any other reversible form of payment which is almost all of them.
So you buy this from an exchange and then people dont have to be scared to accept payment from you.
"

You should really include something like this in your 1st post, it took me a really long time figure this out. Maybe you could modify the steps you posted to something simpler like this:

Are there no services that could use a combo of companies the could literally put money into their customers accounts today?
DaVinci Cash is a merchant service that can put money in your customer's account today! This is how DaVinci Cash works:

1) Open a DaVinci Cash Account
2) Add DaVinci Cash API calls to your website's deposit page
3) Customers buy DaVinci Cash from an exchange (like BitcoinBux)
4) Customers deposit to your DaVinci Cash account and you credit them the applicable funds on your website
5) They can withdraw from your site to their DaVinci Cash account and cashout at a participating exchange (like BitcoinBux)


I also have a question: How does this help the bitcoin community? It seems like this service adds another step to the whole process of getting bitcoins (assuming a merchant would use DaVinci Cash to sell bitcoins).

PS. The fact that Maria likes it makes me want to run away screaming :D

Good questions and comments :)

I will make the change suggested, thank you.

ok so what i say is good about it is not meant to be an all encompassing statement. A lot of people will find random ways that this service benefits them. Basically companies dont have to deal with any banking and other bs, by using Davinci Cash they can start right now. And if the company happens to be in the business of bitcoins, there is a bitcoin denomination, and it is non reversible, so it is pretty beneficial in these ways.

Also, I dont know what maria has done or not done, but she has been a customer of my services.  I've never had an issue at least with her. I hope no one is trying to destroy bitcoinbux either :)



Title: Re: Just a heads up - New service - DaVinci Cash
Post by: nefanon on September 26, 2011, 07:16:05 PM
Here's a few more quick suggestions:

1. Get rid of the stock photos STAT. It may be ok for the general public, but with the proliferation of bitcoin scam sites, bitcoin users might see it as a little "scamy"
2. I love the security of the login process, but it's a BIG pain to have to use a random account number, random password, and random pin. Couldn't there be a way to change those values after the initial signup? This would at least make logging in quicker/easier.
3. (nit-picky) The ReCaptcha doesn't allow me to press ENTER to proceed to the next login step. Isn't this configurable?
4. Once logged in there's no information or prompts on HOW to get Davinci Cash. A "Where to buy Davinci Cash" link (after the "Cards" link) with participating exchanges would be very useful.

I actually know a really good freelance graphic artist with marketing experience, I'll drop her a line about your sites.


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: WiseOldOwl on September 26, 2011, 07:22:44 PM
Here's a few more quick suggestions:

1. Get rid of the stock photos STAT. It may be ok for the general public, but with the proliferation of bitcoin scam sites, it just looks hastily put together.
2. I love the security of the login process, but it's a BIG pain to have to use a random account number, random password, and random pin. Couldn't there be a way to change those values after the initial signup? This would at least make logging in quicker/easier.
3. (nit-picky) The ReCaptcha doesn't allow me to press ENTER to proceed to the next login step. Isn't this configurable?
4. Once logged in there's no information or prompts on HOW to get Davinci Cash. A "Where to buy Davinci Cash" link (after the "Cards" link) with participating exchanges would be very useful.

I actually know a really good freelance graphic artist with marketing experience, I'll drop her a line about your sites.
Much appreciated, we suck at graphics but love art, lol.
-I personally made a makeshift bounty somewhere above for some better photos, and that is for real. I would love to hear from your friend though.
-I will suggest the customization of credentials, although a lot of ecurrency accounts are run this way. Like bank accounts. The pin i think should be able to be customized for sure.
-Recaptcha enter situation is a questionable change, basically i have no idea if this is a security concern or not.
-I will tell them to add links to the login area.

Keep it coming guys this is priceless.


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: nefanon on September 26, 2011, 07:36:37 PM
-Recaptcha enter situation is a questionable change, basically i have no idea if this is a security concern or not.

Oh, I didn't even consider that.  o_O  I'm a programmer so that type of small, user experience stuff sticks out to me :D


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: WiseOldOwl on September 26, 2011, 07:37:40 PM
I knew exactly what you were talking about because the first time I tried to hit enter too LOL


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: nefanon on September 26, 2011, 07:47:56 PM
I knew exactly what you were talking about because the first time I tried to hit enter too LOL
lolol :D


Title: Re: Just a heads up - New service - DaVinci Cash
Post by: WiseOldOwl on September 28, 2011, 07:54:14 PM
Bumping this service*