cryptoxchange (OP)
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September 12, 2011, 03:39:25 PM Last edit: September 13, 2011, 03:34:41 AM by cryptoXchanger |
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Crypto X Changer " The Ethical Exchange " World Wide Crypto Currency Exchange supporting Dozens of languages and currencies
The fastest Exchange to get your currency into from any bank in the world
Supporting Multiple Crypto Currency Exchanging - Bitcoin to Solid Coin & Solid Coin to Bitcoin
Opening VERY SOON, Get Ready to be Surprised
We have many exciting game changing features to Rock the Bitcoin World
The most secure Trading Platform Yet! Many Authentication Levels & First Class Security
Our Ethical Exchange is here to help the community - Totally Transparent & No Market Manipulation
We have special integration for all Mining Pools - Contact Us NOW if you own a mining pool for benefits for your pool and your users
Our Team Looks Forward to Expanding the Bitcoin and Crypto Currency Community and Merchants for the growth and stability of Bitcoin and future online currencies and commodities
Fantastic API, enabling easy integration for software developers and people to link to the exchange
FREE Yubikey's to High Volume Traders
An Australian Owned and Operated Registered Company
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Crypto X Change Global Bitcoin Exchange - Deposit & Withdraw to and from Our Exchange now for a $5 Flat fee - No Wire Costs or Bank Fee's - 100% Automated Banking System & Extremely fast transfers. We can send out Withdraws to over 120 Currencies. www.cryptoxchange.com
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brendio
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September 13, 2011, 02:44:27 AM |
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How can you recommend a service that hasn't launched yet?
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72289
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September 13, 2011, 02:12:58 PM |
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Looks legit SO far. I bookmarked the main page, will definitely look around when it opens.
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epetroel
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September 14, 2011, 12:17:14 PM |
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So when is it actually launching? I see the home page says the 5th of September, but it's the 14th today...
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Bitcoin Oz
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September 14, 2011, 12:52:43 PM |
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How can you recommend a service that hasn't launched yet?
I have spent a long time talking to the owners. Just because it hasnt launched yet doesnt make it any less awesome what they will bring to the table.
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DiaperedDynamo
Newbie
Offline
Activity: 56
Merit: 0
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September 14, 2011, 06:22:29 PM |
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I love vaporware and fairy gold.
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zer0
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September 18, 2011, 04:55:22 AM |
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vapor. however if not this is good, i need somebody in australia w/technocash to instantly exchange coins for a voucher system i built
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mizerydearia
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September 26, 2011, 03:41:10 AM |
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a few more days left in the month to meet the September launch claim
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cryptoxchange (OP)
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September 26, 2011, 06:38:58 AM |
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Could be October mizerydearia, if there are any more delays. We would prefer not to launch until everything is completed so there is no down time or fuss.
Looking very forward to our Exchange and other products launching!
Thanks
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Crypto X Change Global Bitcoin Exchange - Deposit & Withdraw to and from Our Exchange now for a $5 Flat fee - No Wire Costs or Bank Fee's - 100% Automated Banking System & Extremely fast transfers. We can send out Withdraws to over 120 Currencies. www.cryptoxchange.com
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repentance
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September 27, 2011, 09:13:54 PM Last edit: September 27, 2011, 10:48:28 PM by repentance |
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A few quick questions. How are you planning to handle AML/CTF stuff? TradeHill's Australian arm has been required by its bank to verify the identity of its customers and World Bitcoin Exchange clearly states on its website its intention to comply with Australia's AML and CTF laws as well as the fact that it is currently operating without an AFSL. MtGox has also experienced problems operating in Australia with some of its user funds currently being frozen. I think that if you're going to promote yourself as "ethical", you need to reveal this kind of information to your potential users in advance.
Also, are you using a holding company? I can't find a company registration number or an ABN for Crypto X Changer Pty Ltd. In and of itself that's not necessarily a big deal as you could be "trading as" Crypto X Changer, but I wasn't able to find any business name registration records for Crypto X Changer either.
And finally, how do you intend to deal with the issue of GST as your business picks up? If you're even moderately successful the you're going to hit the GST threshold next financial year if not this one. That means you'll either have to absorb the cost of GST yourself or pass it onto your customers - this is a factor you need to consider from the outset when you're designing your fee structure, otherwise you risk having to raise your fees by 10% when the GST threshold kicks in or your business becoming unprofitable and unsustainable.
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All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
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cryptoxchange (OP)
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September 29, 2011, 12:43:30 AM |
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A few quick questions. How are you planning to handle AML/CTF stuff? TradeHill's Australian arm has been required by its bank to verify the identity of its customers and World Bitcoin Exchange clearly states on its website its intention to comply with Australia's AML and CTF laws as well as the fact that it is currently operating without an AFSL. MtGox has also experienced problems operating in Australia with some of its user funds currently being frozen. I think that if you're going to promote yourself as "ethical", you need to reveal this kind of information to your potential users in advance.
Also, are you using a holding company? I can't find a company registration number or an ABN for Crypto X Changer Pty Ltd. In and of itself that's not necessarily a big deal as you could be "trading as" Crypto X Changer, but I wasn't able to find any business name registration records for Crypto X Changer either.
And finally, how do you intend to deal with the issue of GST as your business picks up? If you're even moderately successful the you're going to hit the GST threshold next financial year if not this one. That means you'll either have to absorb the cost of GST yourself or pass it onto your customers - this is a factor you need to consider from the outset when you're designing your fee structure, otherwise you risk having to raise your fees by 10% when the GST threshold kicks in or your business becoming unprofitable and unsustainable.
Hi Repentance, We have everything already set and in place for a long future. Everything you have mentioned has been taken care of. Company details will be published on our official website upon our launch, which will be October. What background are your from Repentance, is it accounting or law? Our Exchange is providing a platform to buyers and sellers of bitcoin. We look forward to opening very shortly. Thank You!
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Crypto X Change Global Bitcoin Exchange - Deposit & Withdraw to and from Our Exchange now for a $5 Flat fee - No Wire Costs or Bank Fee's - 100% Automated Banking System & Extremely fast transfers. We can send out Withdraws to over 120 Currencies. www.cryptoxchange.com
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repentance
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September 29, 2011, 05:27:39 AM |
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Hi Repentance,
We have everything already set and in place for a long future. Everything you have mentioned has been taken care of. Company details will be published on our official website upon our launch, which will be October. What background are your from Repentance, is it accounting or law?
Our Exchange is providing a platform to buyers and sellers of bitcoin. We look forward to opening very shortly.
Thank You!
I'm glad to hear that you're planning to have your ducks in a row before launch. My background is in business administration with an emphasis on regulatory compliance. My current areas of interest are small business and NGOs (in the past it's been Freedom of Information and the various state and federal Privacy Acts). I believe that far too many small businesses fail in Australia these days and that while blaming "the economy" has become almost reflexive, many of them would have failed due to other issues even during better economic times. Why small business? Because it's the lifeblood of Australia in terms of providing employment. It's about creating opportunities for yourself (and hopefully for others as well) instead of just hoping that someone else will provide you with opportunities for upward mobility. And while there are no guaranteed passports to the middle class and beyond, for many people establishing their own business will give them a better shot at upward mobility than trying to out-compete hundreds of other equally or better qualified candidates for coveted, high income private and public sector jobs.
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All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
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cryptoxchange (OP)
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September 29, 2011, 05:39:14 AM |
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[/quote]
I'm glad to hear that you're planning to have your ducks in a row before launch.
My background is in business administration with an emphasis on regulatory compliance. My current areas of interest are small business and NGOs (in the past it's been Freedom of Information and the various state and federal Privacy Acts). I believe that far too many small businesses fail in Australia these days and that while blaming "the economy" has become almost reflexive, many of them would have failed due to other issues even during better economic times.
Why small business? Because it's the lifeblood of Australia in terms of providing employment. It's about creating opportunities for yourself (and hopefully for others as well) instead of just hoping that someone else will provide you with opportunities for upward mobility. And while there are no guaranteed passports to the middle class and beyond, for many people establishing their own business will give them a better shot at upward mobility than trying to out-compete hundreds of other equally or better qualified candidates for coveted, high income private and public sector jobs.
[/quote]
That is very good Repentance, that is very true about business's failing due to other aspects other than the current economic times, it is usually a lack of planning, market research and of course many other things.
Thank you very much!
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Crypto X Change Global Bitcoin Exchange - Deposit & Withdraw to and from Our Exchange now for a $5 Flat fee - No Wire Costs or Bank Fee's - 100% Automated Banking System & Extremely fast transfers. We can send out Withdraws to over 120 Currencies. www.cryptoxchange.com
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cryptoxchange (OP)
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October 17, 2011, 12:34:08 AM |
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Quick Update on our launch plans, please see thread: https://bitcointalk.org/index.php?topic=48598.0
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Crypto X Change Global Bitcoin Exchange - Deposit & Withdraw to and from Our Exchange now for a $5 Flat fee - No Wire Costs or Bank Fee's - 100% Automated Banking System & Extremely fast transfers. We can send out Withdraws to over 120 Currencies. www.cryptoxchange.com
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