[03-26-2015] LazyCoins: Cryptocurrency Exchange Made Easy

[waawd]

http://btcfeed.net/reviews/lazycoins-cryptocurrency-exchange-made-easy/

The cryptocurrency exchange industry has not created a particularly favorable reputation for themselves thusfar. Cryptocurrency exchanges are typically associated with fraud and hacks, and not without reason. Earlier this year, bitstamp, a popular exchange, was hacked, losing access to 19,000 bitcoins. The year before, the infamous MtGox shutdown, keeping thousands of users without access to hundreds of thousands of bitcoins.

[maku]

LazyPay plans to empower merchants and businesses with bitcoin support. Used in conjunction with LazyCoins, the company will be able to offer the most secure, efficient, and cheap option for accepting bitcoins in the world. The company feels that bitcoin will be used in daily life at some point in the future, and they hope to spark that movement through their services. - so they are basically capitalizing on people's fear that bitcoin exchange markets are not good, plagued with terrible security and bad management and want to offer people some kind of 'solid' equivalent...

[Armis]

do the 100% cold storage, if someone wants a withdrawal do it manually, put a limit on the amount, frequency, etc  of withdrawals until the customers has been around awhile.  Give special attention to verified customers ... get the point  ...  get to know, and go slow

[Armis]

LazyPay plans to empower merchants and businesses with bitcoin support. Used in conjunction with LazyCoins, the company will be able to offer the most secure, efficient, and cheap option for accepting bitcoins in the world. The company feels that bitcoin will be used in daily life at some point in the future, and they hope to spark that movement through their services. - so they are basically capitalizing on people's fear that bitcoin exchange markets are not good, plagued with terrible security and bad management and want to offer people some kind of 'solid' equivalent...

BTC needs industry wide safety and security one way or another.  This: https://bitcointalk.org/index.php?topic=83794.0 is ridiculous.