Bitcoin Forum
April 27, 2024, 12:56:25 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: 2013-06-23 Coinsetter aims to launch its Bitcoin trading platform in July  (Read 1443 times)
Birdy (OP)
Sr. Member
****
Offline Offline

Activity: 364
Merit: 250



View Profile
June 23, 2013, 10:18:37 PM
 #1

http://thenextweb.com/insider/2013/06/23/coinsetter-aims-to-launch-its-bitcoin-trading-platform-in-july/

Quote
Enter Coinsetter, a high-performance, U.S.-based leveraged trading platform for Bitcoin that raised $500K this past April from Tribeca Venture Partners and SecondMarket founder and CEO Barry Silbert. Based in New York City’s Fueled Collective, this startup is working to become Wall Street’s professional connection to Bitcoin; its objective is nothing short of legitimizing the Bitcoin industry in the process.
1714179385
Hero Member
*
Offline Offline

Posts: 1714179385

View Profile Personal Message (Offline)

Ignore
1714179385
Reply with quote  #2

1714179385
Report to moderator
1714179385
Hero Member
*
Offline Offline

Posts: 1714179385

View Profile Personal Message (Offline)

Ignore
1714179385
Reply with quote  #2

1714179385
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1714179385
Hero Member
*
Offline Offline

Posts: 1714179385

View Profile Personal Message (Offline)

Ignore
1714179385
Reply with quote  #2

1714179385
Report to moderator
btceic
Sr. Member
****
Offline Offline

Activity: 392
Merit: 250


♫ A wave came crashing like a fist to the jaw ♫


View Profile WWW
June 23, 2013, 10:22:12 PM
 #2

http://thenextweb.com/insider/2013/06/23/coinsetter-aims-to-launch-its-bitcoin-trading-platform-in-july/

Quote
Enter Coinsetter, a high-performance, U.S.-based leveraged trading platform for Bitcoin that raised $500K this past April from Tribeca Venture Partners and SecondMarket founder and CEO Barry Silbert. Based in New York City’s Fueled Collective, this startup is working to become Wall Street’s professional connection to Bitcoin; its objective is nothing short of legitimizing the Bitcoin industry in the process.

Quite an audacious claim, I hope they succeed!

If they can get wallstreet involved and loving bitcoin then we are golden, errm screwed....

♫ This situation, which side are you on? Are you getting out? Are you dropping bombs? Have you heard of diplomatic resolve? ♫ How To Run A Cheap Full Bitcoin Node For $19 A Year ♫ If I knew where it was, I would take you there. There’s much more than this. ♫ Track Your Bitcoins Value
Dacm4n
Sr. Member
****
Offline Offline

Activity: 363
Merit: 250



View Profile
June 23, 2013, 11:32:27 PM
 #3

They picked a good time to launch.
Severian
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250



View Profile
June 23, 2013, 11:34:12 PM
 #4

Aaaaand the banker boys takeover Bitcoin.
semaforo
Hero Member
*****
Offline Offline

Activity: 728
Merit: 500


View Profile
June 24, 2013, 04:05:18 AM
 #5

  With margin trading we can expect a lot more volatility...
TraderTimm
Legendary
*
Offline Offline

Activity: 2408
Merit: 1121



View Profile
June 25, 2013, 12:01:03 AM
 #6

What everyone seems to forget is how more trading platforms just play into the long-term strategy that Satoshi most likely envisioned. Each trading center is merely a "bridge" to the bitcoin ecosystem. In the long run, we will depend less and less on these chokepoints as they conveniently convert all the flawed currencies into the cryptographically secure bitcoin.

They also serve as convenient temporary targets for the existing system to attack, so more of them equals more diluted effort from any centralized source, which mirrors Bitcoin's internal workings - having its resources distributed means resilience in the face of any serious effort to attack it.

This is why more trading platforms are better, and ultimately will only exist in very consolidated forms when fiat currencies are looked upon as the paper/plastic trading tokens they really are.

Just another step toward total BTC dominance.

fortitudinem multis - catenum regit omnia
vokain
Legendary
*
Offline Offline

Activity: 1834
Merit: 1019



View Profile WWW
June 25, 2013, 02:39:12 AM
 #7

Do you think we can use Bitcoin as capital to leverage?
Rygon
Hero Member
*****
Offline Offline

Activity: 520
Merit: 500


View Profile
June 25, 2013, 06:31:38 PM
 #8

In light of all the issues at other exchanges and Bitcoin enterprises, one would think that they would have mentioned whether or not they will have all the appropriate licenses in the US to operate as a money exchanger, forex, etc.

I certainly hope that they will have success in bringing in big money to the markets by providing higher levels of security and so-called "Wall Street connections". But I haven't seen anything yet that looks like they have any pre-existing connections to Wall Street markets that could be leveraged. I hope they have a hell of a sales team to bring in the big traders.
Severian
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250



View Profile
June 25, 2013, 06:43:07 PM
 #9

But I haven't seen anything yet that looks like they have any pre-existing connections to Wall Street markets that could be leveraged.

Say what? Coinsetter is nothing but Wall St. connections.

Quote
Jaron Lukasiewicz

Co-Founder and CEO

Jaron Lukasiewicz is the Chief Executive Officer of Coinsetter. Prior to Coinsetter, Jaron was the Co-Founder of Ticketometer, an social media-focused online ticketing platform. Prior to that, Jaron was an Associate at The CapStreet Group, a Houston-based private equity firm, and an investment banker at J.P. Morgan and Madison Williams in their global investment banking groups. Prior to that, he was a summer analyst at SPB Partners, a Las Vegas-based private equity firm. Jaron is fluent in Spanish and Portuguese.


Marshall Swatt

Chief Technology Officer

Marshall Swatt is the Chief Technology Officer of Coinsetter. Marshall has deep experience with numerous startup ventures, as well as creating and managing the development of challenging and complex software systems for large corporations.
Quote
Prior to Coinsetter, Marshall was a senior consultant on the development and launch of Citigroup's fully-rebuilt retail FOREX trading platform.
Prior to that, Marshall led the design and development of Opt-Intelligence's successful real-time advertising platform. Previously, he was a consultant on the redevelopment of a real-time SMS inter-carrier messaging platform that was eventually sold to Real Networks, and he has worked on numerous software projects for companies such as Deutsche Bank, Deutsche Financial, Condé Nast, Digital Draft FCB, MRM Worldwide, Pixelpark A.G., Agency.com, Magnet Interactive, National Geographic Society, Mind's Eye, MoMa, and Microsoft.
Rygon
Hero Member
*****
Offline Offline

Activity: 520
Merit: 500


View Profile
June 25, 2013, 07:49:48 PM
 #10

But I haven't seen anything yet that looks like they have any pre-existing connections to Wall Street markets that could be leveraged.

Say what? Coinsetter is nothing but Wall St. connections.

Quote
Jaron Lukasiewicz

Co-Founder and CEO

Jaron Lukasiewicz is the Chief Executive Officer of Coinsetter. Prior to Coinsetter, Jaron was the Co-Founder of Ticketometer, an social media-focused online ticketing platform. Prior to that, Jaron was an Associate at The CapStreet Group, a Houston-based private equity firm, and an investment banker at J.P. Morgan and Madison Williams in their global investment banking groups. Prior to that, he was a summer analyst at SPB Partners, a Las Vegas-based private equity firm. Jaron is fluent in Spanish and Portuguese.

Marshall Swatt

Chief Technology Officer

Marshall Swatt is the Chief Technology Officer of Coinsetter. Marshall has deep experience with numerous startup ventures, as well as creating and managing the development of challenging and complex software systems for large corporations.
Quote
Prior to Coinsetter, Marshall was a senior consultant on the development and launch of Citigroup's fully-rebuilt retail FOREX trading platform.
Prior to that, Marshall led the design and development of Opt-Intelligence's successful real-time advertising platform. Previously, he was a consultant on the redevelopment of a real-time SMS inter-carrier messaging platform that was eventually sold to Real Networks, and he has worked on numerous software projects for companies such as Deutsche Bank, Deutsche Financial, Condé Nast, Digital Draft FCB, MRM Worldwide, Pixelpark A.G., Agency.com, Magnet Interactive, National Geographic Society, Mind's Eye, MoMa, and Microsoft.


Eh, with the exception of the work on the Citigroup FOREX platform, I see little evidence of solid Wall Street connections on the banking side. A lot of experience, yes, but I'd be more excited if there was someone involved in this that had serious connections at a high level doing international trading. Perhaps Lukasiewicz has those kind of connections from work at JP Morgan and Madison Williams, but he could have just been another mid-level investment banker among thousands.
Severian
Sr. Member
****
Offline Offline

Activity: 476
Merit: 250



View Profile
June 25, 2013, 10:32:18 PM
 #11

I'd be more excited if there was someone involved in this that had serious connections at a high level doing international trading.

We're all entitled to our opinions. My interest is in Bitcoin, not money. Wall Street is interested in money, not in Bitcoin.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!