I can't. I sold all my stock of BTC to a friend through Skype. I'll contact BTC-E but that's all I can do ATM
I guess this is what an attempt at insulation by third party looks like when someone is particularly clueless. General PSA: if a service eschews use of the very tools that go into making Bitcoin powerful (say, tx ids), it's not a service, it's a disservice. Sorry for your loss, OP. Get reading, get yourself in the WoT, don't get yourself at the point of others' mercy like this again. |
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I've been quite fortunate enough to hold onto a lot of bitcoin since the early days and have since seen my fortunes rise to levels I had never even dreamed I would get near. As my way of putting something back in I've been looking for services and technologies to invest in which could improve the uptake and use of bitcoin but of course still be a business.
Does anyone have any real views (ie, not theoretical ideas where we don't even yet know how to approach them) on services which a bitcoin business could offer with some investment? If it is of any help I am UK based too.
Well are you looking to invest or to donate? If it's the former, you might consider a seat on MPEx. S.NSA for instance is currently working on a usb stick-style device to allow GPG signing and decrypting with actually complete security. If you were leaning towards donation, there's the Bitcoin 100, or Phinn's feed the homeless thingie. I'm not aware of anything worthwhile that develops bitcoin tech on a pure donation basis, it's pretty much one or the other. |
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Perhaps I should reiterate that I'm not starting a review blog here; nor was I in any way trying to suggest that me and my employees are qualified to scan (in 5-10 seconds per site) to see if a site is a scam or not... With as many as a thousand new sites pouring in every hour to be checked, all I can offer as a scan against scams is the very basic most level of a look-over... But I assure you every site will be seen by human eyes.
I hope you'll be happy with this service since it is far and away much more than google does to protect you against scams showing up in their listings.
Listen. As the operator of a directory, you can either 1. purport to disallow scams, or 2. not. If you do 1, you must necessarily understand what makes something a scam, and how this can be determined. No matter how quickly you do it. No matter how much better or worse some other group is at it. No matter anything else.If you do it anyway, you are creating a pathway through which scammy operations can paint on more appearances of validity, however small that might be, and however much it might be limited in its effects to the new and uninformed. That sucks. Do you understand? If you don't know how to do something and you're not interested in learning how to do it, for fuck's sake don't say you're doing it. To any degree. At all. |
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I have previously posted the background of the QuadrigaCX exchange directors, and did not want to look repetitive. I just wanted to vouch for QuadrigaCX's honesty on the grounds that they work with and support a community organization that volunteers great work for Bitcoin. If you had asked me about the team in charge of securing their system, I would have answered, so I'm not sure why you would assert that I am unwilling to show what we've used when asked. If there is a reasonable method via which I can prove to you that I am the person I say I am, I will do that. Having lurked the forums for some time, however, I know you would not respond amicably if I linked you to a guide for newbies, given the style of its content. I think my response was relatively polite.
Linking to content needed in order to rationally judge a given piece is not repetitive, it's necessary. If you've already done the legwork and people seem unaware of this, then yes, the correct thing is to link them to it. Nobody with a clue is going to be offended by the delivery of desired information. Anyway, the post linked is most certainly not "for newbies". Newbies do not stand a chance in the first place. This is bitcoin business, not a beach boardwalk full of competing cotton candy kiosks (despite how much that latter might seem to be the case if you look around without your sanity goggles on). That guide is for people who wish to start a business and who do not have all of the pieces; having all of said pieces is a supreme accomplishment and very few entities ever arrive with them intact on the first pass. Again, stop taking it personally and try just reading. The tool for reasonably proving that you are who you say you are, for instance? Step 1. Can you gpg-sign your announcement up there? It'd be a good goal to set yourself. |
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Check my history - I'm quite the opposite of a shill.
You on the other hand are know to be one of the biggest chatterboxes here on bitcointalk.
Sigh. Whether you are or not. Observation has zero to do with your account history and everything to do with the content of the OP; you don't get to make vague statements that attempt to absolve entities otherwise documented as seriously fucking up on the basis of "well before I wasn't happy so therefore my assertions are true". Data. |
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The reason I'm not simply publishing the plan on here is:
- regulation-- if this does become an offering at some point I want to avoid anything in a public forum which could be construed by regulators as an offering of securities
- it's harder to wade through Internet forums to separate trolls and serious people and on boards it's easy to be confused -- also don't want to broadcast what I think is a good idea to competitors.
3. Announce your business plan. If you think your business plan has to be kept secret because otherwise others will steal it you are probably too stupid to be in business (not just BTC, but in general). Let me explain to you how business "stealing" works: at the time MPEx was created (Feb 2012) there existed GLBSE already, which sucked at that time. Nobody flailing around in a cloud of stupidity almost mould-like in consistency seemed to be aware of it, but GLBSE sucked. And so Mr. P decided to make a securities exchange that worked right and was run correctly. So, pro tip #1: there's so much to do and so few people capable of doing it in Bitcoin that if your plan makes sense and you seem even remotely competent everyone else who is competent will breathe a sigh of relief. They aren't going to "steal" your idea of doing the absolutely fucking obviously banal, cause so much is needed I couldn't begin to tell you. Pro tip #2: if you are incompetent, the people who are competent aren't going to steal your business early. They are going to steal it late, just like MPEx demolished GLBSE. They don't need early mover advantage, they will come to your market six months or a year late, break off your arms and beat you over the head with them until you are reduced to a bloody mess. So, forget about anyone "Stealing" your business. When S.DICE was announced, a bunch of forum muppets rambled on about how it's not worth its valuation because "everyone could do it". And I laughed at them then and so to prove my point that they're laughable idiots they declared that they shall do it! It's been months, who has managed to steal the business? You can't steal any business from the competent, and if you're competent yourself you don't even try to, cause it makes no business sense. Thus, at the very least, step 3 gives you this measure of protection, whereby other competent people know you're doing X and so don't start doing X too. It saves our time and effort, rather than doing something twice do two of the fifty billion things that still need doing. Obviously your announcement will gather a bunch of crap from a bunch of nobodies. But lucky for you, you've been doing this by the numbers, and you have the list. You know why you don't care what Joel Katz says about anything: what people who don't run businesses say is irrelevant. You know why you care what piuk says about anything to do with the blockchain (do you?). . Anyway, if you want to talk to bitcoin finance, take the hint kindly offered to you by a few others a few pages ago and drop by assets. |
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What is WalletBuddy?WalletBuddy is an easy to use GUI wallet backup program. Simply choose your wallet .dat files and locations, specify the output directory and it will copy n' paste all the wallets from their different locations to one convenient folder for easy backing up to a USB or whatever you prefer. v1.10 - New build features "Add" button rather than having to manually edit the .ini file, and a few cosmetic changes. More features to come! Check it out at: http://bitcoin.anotherworld.com.auFull sourcecode and documentation provided, no scams or ripping off your hard earned coins! Just doing my bit to help the cryptoeconomy! (get it? bit... lol, nevermind) Comments and suggestions and facebook likes appreciated! Perhaps I'm being shortsighted, but I fail to see how this differs from just manually backing up the desired files (except that it has the added, and disadvantageous, steps of getting an application to squirrel around in there). Can you explain what the specific benefit is here? |
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We keep treading the line between real News and PR pieces. You admit its a Press Release, which annoys me to no end that it is in here.
That drivel was in no way a press release, but you're still right, it doesn't belong in service announcements. Yet another instance of people figuring they'll establish themselves by strongly implying they're great because their friends seem to think so. See here, OP. |
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Haikus go 7-5-7, you know.
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Deposits now happen in an hour or less, trades and cancellations are working fast, no problems with withdrawals. It seems they are doing their homework. Good to see there's finally happening something  What could possibly be useful would be actual data. Alluding to a better experience vaguely and throwing out positive clichés just makes you look like a shill, whether you are or not. |
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Currently LakeBTC supports USD and CNY trading.
straightforward verification and fast deposits/withdraws.
Do you have an actual service announcement anywhere? |
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A lucrative Affiliate scheme has also been devised that will allow anyone to earn HYPAY Money for Tweeting positively about HYPAY
Shilly dreamboat. Prepare for yet more people emotionally defending broken ideas because if they're wrong they'll never get rich. |
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We did NOT authorize that withdrawal but still BITSTAMP processed it.
 Chief Scientist
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Plea for money? You realize the trading platform has no fees, right?  Are you offering to handle other people's funds or not? You can easily come meet us in person at any of the Meet Up events. We are the group who built the POS system most of the Bitcoin businesses in Vancouver are using, which we worked tirelessly over the past year to accomplish. Personally, I signed up the Waves Coffee House that houses the first ATM in the world using existing Meet Up clout (as well as the first night club, the first Indian restaurant, etc), and my reputation in the community would be tarnished if my associates in the Cooperative chose to scam you. Given that our POS system is free and open source, and that we have volunteered massive amounts of time and money to spread Bitcoin adoption--and you can easily see the results here in Vancouver,
This is all very nice, but it doesn't condense into "Here is who I am, here is my WoT identity proving I am that person, and here's how you'll know I am specifically qualified to do that which I am proposing to do." This isn't optional, no matter how many shoddy and meanwhile thoroughly ravaged "businesses" you've seen eschewing these very basic steps in BTC. if you've been reading the news--I don't think your condescension is warranted. If you had chosen to politely ask specific questions, I would have responded in kind.
Stop taking it personally. If you propose to run a business in bitcoin, and to operate in a specialized field requiring specific expertise and knowledge, you need to actually use some building materials. If you can't show what you've used when asked, or you have to resort to complaining that people didn't take your meaningless (in context, you know?) initial presentation the way you wanted them to, it's a pretty good sign that going back and examining the structure of your thing is in order. This doesn't mean your idea is necessarily bad, or that you're a bad person or whatever else. It means people can see, from your announcement alone, that you're on the same track as those scores of businesses mentioned above were once on. That you've either missed or incorrectly scored as unimportant several crucial steps towards building something trustworthy and sustainable. When this is pointed out to you, it's a blessing; fighting it and taking it personally are just about the worst moves you can make. Directors Mike and Gerry have been involved in the e-currency industry for years. I will give you their contacts if you want to chat. If your concerns are technical, I believe some of the Co-ops members helped code QuadrigaCX's system, and these include senior Samsung server engineers, experienced app developers and a retired IT professional for the federal government. You can speak to them, too, if you wish to ascertain their level of knowledge.
Next time, start with this, but again, it's not personal. Bring them out first thing, get your principals in the WoT, and publish the essential stuff as outlined. |
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Hope this clears a few things up! Thanks again for your input.
There wasn't anything to "clear up" other than your demonstrated lack of understanding as to what constitutes a scam and how it can be identified. This is a problem for you to resolve, or not, but you'll have to do one or the other. Suggesting you're qualified to do it sometimes or whatever (despite being very confused about how to "spot") and pointing to how other people fail at it isn't in any way a solution. |
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My name is James Richard Iddiols and I am the CEO of Bitcoin Exchange Ltd, the owners of bit121 with a website address of www.bit121.co.uk which is our only website address. We do NOT have a website called bitcoinexchangeltd.com. You'd best get that fully resolved before using your otherwise unestablished identity to ask that people trust in your business. Not that it was going much of anywhere to begin with. Go back and read the linked piece in my first comment. There are specific safeguards you can take against identity theft in BTC. That you are unaware of this bodes poorly for you whether we believe you're the victim here or not. |
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So it's just human nature. Everyone on here thinks they are being scammed because people who got good trades cancelled are going ballistic and people who got bad trades cancelled are not the slightest concerned.
The indication of whether they've fucked up or not isn't established by the volume or tone of public complaints. Do they purport to offer a service? Is that service in fact being delivered? No? Then they've fucked up. No matter whether some other people got what they wanted. No matter whether some other arguably comparable service did something similar. i don't see too much trade going there...
is localbitcoins a better alternative? i had much better success there. And they have escrow
I've seen mixed experiences on localbitcoins; you can sift through reviews and whatnot on the forum I guess. Getting in the WoT and trading OTC is probably your best bet though. |
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Sure, I do have some automated screening going on first of course... There's a lot of junk we shouldn't even see at all, and then the remainder will be judgement calls.
You miss the point. If "artwork" is a problem in terms of determining whether something is a scam of not, you're way, way out of your depth. Artwork has absolutely nothing to do with it. Your idea is basically that deciding whether a piece of fruit is ripe or not hinges upon the visual quality of the price tag. You have to understand how fruit is picked. Maybe have a read here. |
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Hi there, thanks for your feedback. I really appreciate you've spent time on writing this useful guide for Bitcoin businesses wannabe. But just one thing — you'd rather not judge people on their reg date, it might be the case usually, but not always.
I didn't even look at your reg date. I saw a service announcement ostensibly related to handling people's funds which failed to include the establishment of who was running the thing, what the thing's overall plan was, and what steps had been taken towards ensuring security. This lands you in the "I don't know what I'm doing" camp. If you do in fact know what you're doing, the post announcing your service should reflect this, you know? Both of Cryptopay's founders have their degrees in finance, so we have an idea how financial services work and how to get Bitcoin on board of this services — so we've been working on Cryptopay for 8 months and are 100% committed to work on it in the future.
That's great, but it can't stand on its own. You are asking people to trust that you and your team are competent. There are standards, as linked, to follow when striving to make the case for that trust, so that rational people can make a rational call. Now's the time, go for it. |
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