We feel good management and not running with funds is more important than the name.
Correct. Aside from offering Faster Payments there's also offering two factor auth, up-front and documented KYC/AML ID requirements, thinking about how to have the exchange audited, having enough customer support staff. Those are things I care about, not what domain name you have. Glad to hear it, yes we will be offering all of those things. Currently debating whether or not to force AML/KYC for sub £500 a week accounts. Possible that we won't. Hoping to do full proof of reserves also. |
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For reference, domain we are looking to purchase it bitex.co.uk
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Will be decided 9pm tomorrow GMT time. Highest votes wins, unless of course acquisition of other domain succeeds
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I like inbit or coinabit But I would prefer inabit or coininabit.  Hope this helps, I wish you success with your endeavors. ~kp Feel free to vote for your preference out of the current ones. inabit.co.uk is already taken unfortunately, however I prefer inbit regardless. |
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proof of solvency and the publication of our cold wallet!
we have decided to not publish the hot wallet address for security reasons
This makes it sound like you have only one cold wallet and one hot wallet. Surely that is not the case. I hope? The amount of addresses they use has very little relevance for security. |
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i did vote mimex but i knew nothing about the 'magic' that everyone is speaking about... if anything, that word stoodout. I have been involved with brand-redesign over the years, its what's available but sometimes stating the obvious like localexchange.something would standout more.
Bank accounts, very difficult as I have recently found out. Volunteer bank accounts is always something too look at tho.
MtGox stood for magic the gathering online exchange as it was original for MTG card trading. And its a UK based exchange, so we are using UK banks and EU banks, the UK banks have already been secured. |
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Please no Magic and Exchange together.
We already had one Goxing enough for our Bitcoin lifetimes.
Its the good type of magic, consider Gox to be Voldemort. |
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Its fine, all opinions are valid.
Although its magic internet money, a phrase coined by many bitcoiners as opposed to magic the gathering.
I personally wouldn't avoid the exchange because of that name but I think some people have a negative association now with magic & bitcoin being used together. I personally never used Gox and thus didn't lose anything there so I'm not that sensitive to it. Also, the "magic internet money" phrase is commonly used by detractors to shit on bitcoin and express that it's not "real" or concrete almost as often as it is used in good fun by bitcoiners. Just my 2 cents. If I became aware of the 'magic' ingredient in the name, then I'd be inclined to think the site was run by slightly less than serious individuals. The 'ex' part of the name also suggests defunct to me. Martin. Understandable, we have another domain we are attempting to buy, which will be used definitely if that works. Otherwise its most likely down to the popular vote. |
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Its fine, all opinions are valid.
Although its magic internet money, a phrase coined by many bitcoiners as opposed to magic the gathering.
I personally wouldn't avoid the exchange because of that name but I think some people have a negative association now with magic & bitcoin being used together. I personally never used Gox and thus didn't lose anything there so I'm not that sensitive to it. Also, the "magic internet money" phrase is commonly used by detractors to shit on bitcoin and express that it's not "real" or concrete almost as often as it is used in good fun by bitcoiners. Just my 2 cents. I don't think it is used by detractors. When I am asked to explain Bitcoin and I have no time it is the phrase I use, and it is used in /r/bitcoin's advertisements. I feel it is quite fitting. However I can understand it could be seen as a Gox reference. But we can build trust, that's not an issue. |
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I was looking for "None of the above", but mimex was the only one that I halfway liked.
Yeah not to be all negative and stuff but... I don't really love any of the options listed. I would definitely stay the hell away from anything with the word magic in it after the whole Gox nonsense... Its fine, all opinions are valid. Although its magic internet money, a phrase coined by many bitcoiners as opposed to magic the gathering. |
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I like Coinabit, because it contains Bit and Coin in the name.  Anything besides Mimex I think. I quite like mimex, conversely. i am brit but i just chose one... i been in this bitcoin life for a short while, only a few months and one thing I have noticed is how hostile the British banking system is with BitCoin. I noticed Bitylicious have to find people with bank accounts to survive and I noticed the lack of GBP > Bank Account possibilities, only other system i see is LocalBitCoins to get money back in.
If you are setting up here in the UK then good luck, I am aware of CEX as the only UK based business but I would possibly suggest opening up a dozen bank accounts unless you found a way of securing a good reliable way of using a bank account here.
I know, it is a very hostile environment. But we sort of have an unfair advantage. Yes, we have a couple of accounts. A third account is possible in the future, once volume has picked up. There are a lot of UK based businesses however the problem is getting the bank accounts. |
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inbit.co.uk is short and sweet, so it gets my vote. The sort of word that's good for adverts "Get inbit!".
Martin.
You forgot to vote in the poll howeverNow done. Martin. Thank you |
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There used to be a site called "britcoin" and the name was brilliant. They disappeared though.
That was a name we had thought of also. However its not a global name of the such. They became intersango I believe |
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inbit.co.uk is short and sweet, so it gets my vote. The sort of word that's good for adverts "Get inbit!".
Martin.
You forgot to vote in the poll however |
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inbit.co.uk is short and sweet, so it gets my vote. The sort of word that's good for adverts "Get inbit!".
Martin.
I thought so myself, my personal two favourites are inbit and mimex. |
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None of the names are good.
We feel good management and not running with funds is more important than the name. |
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btc2gbp.co.uk
or
btc2pounds.co.uk
Its a multinational exchange, not just GBP but we have access to Faster Payments. Not to mention that sounds like a local Bitcoins seller's personal sales site, not an exchange. |
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I was looking for "None of the above", but mimex was the only one that I halfway liked.
We have another name which we in negotiation over. Not adding that atm. None of the above is a little counter productive |
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For those wondering, mimex stands for 'magic internet money exchange'
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