INSURED BITCOIN BANK (IBB London Ltd)

[ibb-london]

https://i.imgur.com/WPXdRMX.png
Vires in numeris

Insured Bitcoin Bank
https://insuredbitcoinbank.co.uk/

Presentation:

We are presenting to the Bitcoin Community our company dedicated to Bitcoin banking services.
Since 2012, our company has developed and created the most comprehensive Bitcoin banking system designed to use the natural Bitcoin model, with the following characteristics of total safety and versatility:

1.  SECURITY:
 a.  IRONCLAD wallet developed and tested by our technicians, removing any possibility of hacking or theft and combining the characteristics of a cold wallet with the agility of a hot wallet. This is possible, because our system is designed to access our servers offline in real time. These wallets require the multiple signature public key provided by the client to function. IBB London doesn't have all the private keys from these wallets. When a Bitcoin transaction is received in an IRONCLAD, IBB London sends the Bitcoin transaction (RAW TX) to the customer signed by all private keys in the Bank’s possession, so that the client if he chooses, only has to sign with his private key whenever and wherever he wants to and can transfer his Bitcoins to the Bitcoin recovery address that he has provided. In this way, and in all cases, the customer has control of his Bitcoin even if IBB London bank is not operating.  We have made this design for the total safety of our customers and structured it so that not even we can access the Bitcoin and so that only the client with his private key, which only he is in possession of, is sole holder of his bitcoin. The customer will always have the RAW TX with the outstanding balance of his Bitcoins so that at all times he can recover his Bitcoins.
 b.  Light Wallets, also developed by our technicians, possess the same characteristics as the IRONCLAD except that private keys and the management of Bitcoins is handled from IBB London, for which reason we call them “light” because they are for small Bitcoin amounts and for making payments.  The transactions of these wallets are multiple signature and are generated from different servers for added security.
 c.  SLA: We require that our technicians and suppliers operate according to the most rigorous SLA in the market, which in our case requires reestablishment of service within 15 minutes. To achieve this we depend on different monitoring, tracking and alarm solutions that operate 24 hours a day.
 d.  All details of the wallets are stored in servers offline without connection to the internet or to the local network.
 e.  All data or a personal nature relating to our clients, are stored on other highly secure servers offline, to protect them from identity theft, leaks, etc.
 

2.  PRODUCTS AND SERVICES:
 a.  Safe, free Bitcoin custody.
 b.  Prepaid VISA card rechargeable with money or bitcoin, always paying in the currency badge of the business in which the payment is made.
 c.  Purchase and sale of Bitcoin.
  
Overview of IRONCLAD:
 1.  High security, anti-hacker technology.
 2.  Management of cold Bitcoins in real-time.
 3.  Shared custody of private Bitcoin keys.
 4.  Delivery of recovery RAW TX with the total Bitcoin balance.
 
In DEVELOPMENT:
Soon, we will be offering retailers the possibility of accepting Bitcoin as payment and receiving money in real time without risk of the Bitcoin price fluctuation.

Before we undertake the public launch, we'd like to present this to the members of this forum to invite you give us your impressions and suggestions.
https://insuredbitcoinbank.co.uk/

[melisande]

Insured Bank of Bitcoin
THE BANK YOU HAVE ALWAIS WANTED
Is there any proof that this website is legit? certificate of incorporations, regulated body etc.
CAUTION

[DeathProxyX]

S C A M

[safi71]

why it is scam?

[Emerge]

Professional spelling, professional management.
Any proof, any solutions, anything?

Fail scam business.

[SFR10]

No offense but I wouldn't trust them with anything. For starters the name of the thread already has spelling issues, then when opening the website, it doesn't have https so information's provided by users there won't be safe at all and the one thing here is you posted the link with https on it even though it doesn't have in the real one. Another thing is the SSL certificate has been expired since two days ago. and lastly as claim Londan Bank, the servers seem to be from France instead.

[Raimonn]

I followed the link to see if it was an scam or not. First thing, i didn't see the page, first i saw its an alert from google, saying that the web could be stolen passwords and private date isn't secure, and the SSL certificate isn't valid. I will not try to enter, i don't want to be stolen.

[SparkyU]

Obvious scam is obvious.  People, stop falling for this crap, you're only going to lose your money.

[European Central Bank]

What you gonna do to prove to us that you're in any way legit? Where's your certification from the UK government?

[The Sceptical Chymist]

Hi all!

It has expired SSL EV and not received the email renewal. We have disabled the registration form until we have the EV SSL again operational.
Do not send personal or for accessing web pages without SSL data!!!

Please let us know! When we have the operating EV SSL, we open it.

Hi OP!!  You wasted all that time making up your shitty sales pitch!!  And you're going to get no suckers taking the bait on this forum!

Judging by the (scam ANN)/(scam accusation) ratio, there luckily aren't too many folks on this forum who fall for this sort of bullshit--or at least they're not complaining about it after they do.  OP fuck off.

[unamis76]

 1.  SECURITY:
 a.  IRONCLAD wallet developed and tested by our technicians, removing any possibility of hacking or theft

Impossible. Sorry.

combining the characteristics of a cold wallet with the agility of a hot wallet. This is possible, because our system is designed to access our servers offline in real time.

How does one access a "server offline in real time"?

These wallets require the multiple signature public key provided by the client to function. IBB London doesn't have all the private keys from these wallets. When a Bitcoin transaction is received in an IRONCLAD, IBB London sends the Bitcoin transaction (RAW TX) to the customer signed by all private keys in the Bank’s possession, so that the client if he chooses, only has to sign with his private key whenever and wherever he wants to and can transfer his Bitcoins to the Bitcoin recovery address that he has provided. In this way, and in all cases, the customer has control of his Bitcoin even if IBB London bank is not operating.

Why would one use your bank then, and not simply set this up himself?

We currently have tools that allow us to setup multisig addresses in secure offline environments and spread the keys physically through several locations. That's basically what you're offering.

 d.  All details of the wallets are stored in servers offline without connection to the internet or to the local network.
 e.  All data or a personal nature relating to our clients, are stored on other highly secure servers offline, to protect them from identity theft, leaks, etc.

Why should we trust you?



To summarize, you seem to be offering a Bitcoin bank service (which in itself defeats the purpose of Bitcoin) using a system that can be setup with zero cost by the user itself without the aid of a third party and you're saying that you're invulnerable to theft/hacking (!!!).

Similiar services exist and the convenience (or apparent convenience) that they provide isn't of use to a user that uses Bitcoin like it was made to be used.

[OROBTC]

...

Be your own bank.  Hold your BTC in a web wallet (like from blockchain.info) if the amount is small (say, BTC1.00 for example), and if you hold more, than opt for a hardware wallet like the Trezor or the Ledger Nano (more hardware wallets have come out, and still more are coming).

Just hide the hardware well, remember the PIN(s), and you will find that pretty safe.  You can always buy more than one hardware wallet (and hide in different places) too for extra security.

[arbitrage]

So all red flags here !
Thanks god i thought someone really tried to make btc bank!
We don't need a banks any more!

[mikewillda]

So all red flags here !
Thanks god i thought someone really tried to make btc bank!
We don't need a banks any more!

There is no bitcoin bank so far. If the HSBC offers a banking service for the bitcoin. I might use it.

[wayniac30]

"Date Registered:   January 18, 2016, 06:56:18 PM"

So you never registered on the most important bitcoin forum in the world until 4 days before release? No pre-release, press release or anything? Right... let's all invest our coins 

[james.lent]

Another scammer with broken english trying his luck into tricking the sheeps of bitcointalk 

[mikewillda]

Another scammer with broken english trying his luck into tricking the sheeps of bitcointalk 

So all the scammers should be fluent in English? I think the site is a scam. They should publish their company number so we can check.

[james.lent]

Another scammer with broken english trying his luck into tricking the sheeps of bitcointalk 

So all the scammers should be fluent in English? I think the site is a scam. They should publish their company number so we can check.

Not all, most of them. Those who are more fluent tend to go for bigger scams, like master-p.

[mikewillda]

Another scammer with broken english trying his luck into tricking the sheeps of bitcointalk 

So all the scammers should be fluent in English? I think the site is a scam. They should publish their company number so we can check.

Not all, most of them. Those who are more fluent tend to go for bigger scams, like master-p.

I heard master-p returned some of the scammed bitcoins. I am sure why he would do that. He had good reputation before.

[apoorvlathey]

SCAM :

Chrome error:
Your connection is not private

Attackers might be trying to steal your information from insuredbankbitcoin.co.uk (for example, passwords, messages, or credit cards). NET::ERR_CERT_DATE_INVALID

Spelling Error of "Always" (spelt ALWAIS in second last line of quote)

Vires in numeris

Insured Bank of Bitcoin
THE BANK YOU HAVE ALWAIS WANTED
https://insuredbankbitcoin.co.uk/