ask (OP)
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September 29, 2014, 12:31:26 PM |
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Hyena
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Activity: 2114
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September 29, 2014, 12:48:04 PM |
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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?
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Ultros
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September 29, 2014, 12:50:05 PM |
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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.
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gentlemand
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Activity: 2590
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Welt Am Draht
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September 29, 2014, 12:52:48 PM |
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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.
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zeroday
Donator
Hero Member
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Activity: 784
Merit: 1000
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September 29, 2014, 12:55:45 PM |
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A clone of Coinbase ?
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Hyena
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September 29, 2014, 12:56:27 PM |
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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.
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intighet
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mene mene tekel upharsin
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September 29, 2014, 12:58:47 PM |
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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
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Malus pro bono surrepat, et bonus pro malo displiceat; fallaces enim sunt rerum species, quibus credidimus.
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Torque
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Activity: 3710
Merit: 5286
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September 29, 2014, 01:02:07 PM |
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I'm sure that panic buying will ensue because of this announcement.... right ghuyz? Right? Any minute now...
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PenAndPaper
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September 29, 2014, 01:07:25 PM |
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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...
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brg444
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September 29, 2014, 01:11:28 PM |
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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.
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"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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exocytosis
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September 29, 2014, 01:13:09 PM |
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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.
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Ibian
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Activity: 2268
Merit: 1278
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September 29, 2014, 01:15:16 PM |
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Payday tomorrow. Will give this a go with a small part of it.
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Look inside yourself, and you will see that you are the bubble.
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inca
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Activity: 1176
Merit: 1000
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September 29, 2014, 01:15:43 PM |
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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.
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Hyena
Legendary
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Activity: 2114
Merit: 1015
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September 29, 2014, 01:16:19 PM |
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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.
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exocytosis
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September 29, 2014, 01:16:43 PM |
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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.
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brg444
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September 29, 2014, 01:21:29 PM |
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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.
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"I believe this will be the ultimate fate of Bitcoin, to be the "high-powered money" that serves as a reserve currency for banks that issue their own digital cash." Hal Finney, Dec. 2010
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Hyena
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Activity: 2114
Merit: 1015
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September 29, 2014, 01:31:32 PM |
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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.
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Ibian
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Activity: 2268
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September 29, 2014, 01:32:07 PM |
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Just noticed their ToS says it's americans only. Oops. Hopefully they get little things like that fixed soonish.
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Look inside yourself, and you will see that you are the bubble.
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fonzie
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September 29, 2014, 01:34:33 PM |
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Everyone who bought today will probably be in a a loss tomorrow. Great advertising.
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"To know death, Otto, you have to fuck life in the gallbladder" www.hsbc.com - The world´s local bank "These FUDsters are insane egomaniacs that just want cheap BTC" - oblivi
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inca
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Activity: 1176
Merit: 1000
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September 29, 2014, 01:38:38 PM |
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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.
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