Circle Opens Doors to Global Audience

[ask]

For all bears, this is something new for you:

https://www.circle.com/ja/2014/09/29/circle-opens-doors-global-audience

[Hyena]

I quickly read the info about them and their about section but I still don't know what the hell are they trying to achieve and why does it matter. Can anyone explain?

[Ultros]

I quickly read the info about them and their about section but I still don't know what the hell are they trying to achieve and why does it matter. Can anyone explain?

Same question.

[gentlemand]

I quickly read the info about them and their about section but I still don't know what the hell are they trying to achieve and why does it matter. Can anyone explain?

They're making it a whole load more painless for an average personage to buy and own BTC.

[zeroday]

A clone of Coinbase ?

[Hyena]

I quickly read the info about them and their about section but I still don't know what the hell are they trying to achieve and why does it matter. Can anyone explain?

They're making it a whole load more painless for an average personage to buy and own BTC.

What's so new about that? It is already as painless as it could be. Just transfer your fiat to an exchange, use bitcoin atm or find someone from localbitcoins.

[intighet]

I quickly read the info about them and their about section but I still don't know what the hell are they trying to achieve and why does it matter. Can anyone explain?

They're making it a whole load more painless for an average personage to buy and own BTC.

What's so new about that? It is already as painless as it could be. Just transfer your fiat to an exchange, use bitcoin atm or find someone from localbitcoins.

I think you may be overestimating the motivation of the average person

[Torque]

I'm sure that panic buying will ensue because of this announcement.... right ghuyz?  Right?  Any minute now...

[PenAndPaper]

I'm sure that panic buying will ensue because of this announcement.... right ghuyz?  Right?  Any minute now...

If PayPal couldn't move the price then i doubt circle will do... The site looks great though...

[brg444]

I quickly read the info about them and their about section but I still don't know what the hell are they trying to achieve and why does it matter. Can anyone explain?

They're making it a whole load more painless for an average personage to buy and own BTC.

What's so new about that? It is already as painless as it could be. Just transfer your fiat to an exchange, use bitcoin atm or find someone from localbitcoins.

Painless?

Getting verified at an exchange is not exactly what I would call painless.

It is a lengthy process that requires much more information than an average user is willing to give up.

With Circle I can register and purchases instantly with a CC, all within a matter of minutes.

[exocytosis]

I quickly read the info about them and their about section but I still don't know what the hell are they trying to achieve and why does it matter. Can anyone explain?

They're trying to pump and dump. It's kinda sad it'll fail.

[Ibian]

Payday tomorrow. Will give this a go with a small part of it.

[inca]

I quickly read the info about them and their about section but I still don't know what the hell are they trying to achieve and why does it matter. Can anyone explain?

They're trying to pump and dump. It's kinda sad it'll fail.

Now, now, stick to the doom mongering about the price - you don't fare well on other subjects.

[Hyena]

I quickly read the info about them and their about section but I still don't know what the hell are they trying to achieve and why does it matter. Can anyone explain?

They're making it a whole load more painless for an average personage to buy and own BTC.

What's so new about that? It is already as painless as it could be. Just transfer your fiat to an exchange, use bitcoin atm or find someone from localbitcoins.

Painless?

Getting verified at an exchange is not exactly what I would call painless.

It is a lengthy process that requires much more information than an average user is willing to give up.

With Circle I can register and purchases instantly with a CC, all within a matter of minutes.

You don't need Circle for that! What the hell. All the verification trouble is because of LAWS not because lack of painless service. We need laws to change. Circle is nothing new. If they didn't put me in jail I'd be selling bitcoins as commodity myself over the iPizza protocol as if I operated just another online shop. However, I cannot do this because police will immediately fuck me up for that. How can Circle get past police and I don't? Does not compute.

[exocytosis]

I'm sure that panic buying will ensue because of this announcement.... right ghuyz?  Right?  Any minute now...

Every big Wall Street player is lining up in this very moment. We'll have 10k prices in a matter of days.  

[brg444]

I quickly read the info about them and their about section but I still don't know what the hell are they trying to achieve and why does it matter. Can anyone explain?

They're making it a whole load more painless for an average personage to buy and own BTC.

What's so new about that? It is already as painless as it could be. Just transfer your fiat to an exchange, use bitcoin atm or find someone from localbitcoins.

Painless?

Getting verified at an exchange is not exactly what I would call painless.

It is a lengthy process that requires much more information than an average user is willing to give up.

With Circle I can register and purchases instantly with a CC, all within a matter of minutes.

You don't need Circle for that! What the hell. All the verification trouble is because of LAWS not because lack of painless service. We need laws to change. Circle is nothing new. If they didn't put me in jail I'd be selling bitcoins as commodity myself over the iPizza protocol as if I operated just another online shop. However, I cannot do this because police will immediately fuck me up for that. How can Circle get past police and I don't? Does not compute.

Yes, yes. We very much need Circle for mainstream, non-technically inclined people to use Bitcoin. Before Circle there were no such service. Stop thinking the universe revolves around you.

[Hyena]

Yes, yes. We very much need Circle for mainstream, non-technically inclined people to use Bitcoin. Before Circle there were no such service. Stop thinking the universe revolves around you.

I don't think my self-importance has anything to do with it. I just brought myself as a hypothetical example. If paypal accepts bitcoin they can as well as sell bitcoins themselves. I still don't see what Circle has to offer that other could not. Think of it, if Circle could do it, exchanges could also do it. So I could go to BitStamp and just directly buy bitcoins from the order book without having to register a Bitstamp account. If every exchange implemented such simplicity for buying bitcoins then Circle would be pointless. Now the question is --- why don't other exchanges implement it? Every exchange could be an alternative to Circle.

edit:
btw your claim is wrong. There was a place btc-dealer.com which allowed instantly buying bitcoins with a credit card.

[Ibian]

Just noticed their ToS says it's americans only. Oops. Hopefully they get little things like that fixed soonish.

[fonzie]

Everyone who bought today will probably be in a a loss tomorrow. Great advertising.  

[inca]

Just noticed their ToS says it's americans only. Oops. Hopefully they get little things like that fixed soonish.

I used it from the UK today, other eu countries also work. It was a pretty slick interface. Not sure about cc fees though.