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Author Topic: New eWallet called Coinbase promises 0.5% BTC/USD conversation rate  (Read 1688 times)
Serith
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June 29, 2012, 06:56:21 PM
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Simple Bank Transfers
Add and withdraw funds directly to your bank account. We charge just 0.5% when you convert your money into or out of bitcoin. (coming soon)
Does anyone know how this could be possible?

More about Coinbase here.
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BitPay Business Solutions
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June 29, 2012, 07:05:50 PM
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Y-Combinator getting into the bitcoin wallet business is great news.  They are the one company with some push to get through Apple.

BitPay : The World Leader in Bitcoin Business Solutions

https://bitpay.com

Does your website accept bitcoins?
Yankee (BitInstant)
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June 29, 2012, 07:07:21 PM
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I met the developer last night, it's legit.

How does he plan to mitigate fraud ?

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Serge
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June 29, 2012, 07:08:51 PM
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Simple Bank Transfers
Add and withdraw funds directly to your bank account. We charge just 0.5% when you convert your money into or out of bitcoin. (coming soon)
Does anyone know how this could be possible?

More about Coinbase here.

great name and great business concept.
this service would be a killer if it comes through, wishing them best and hoping to enjoy using their service soon
evoorhees
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June 29, 2012, 07:09:47 PM
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Y-Combinator getting into the bitcoin wallet business is great news.  They are the one company with some push to get through Apple.

+1  BTC FTW
Kris
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June 29, 2012, 07:43:52 PM
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The more the merrier.
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June 29, 2012, 07:55:27 PM
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+1
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June 29, 2012, 08:55:51 PM
 #8

So the whole business is that hopefully consumers and companies will use this to collect bitcoins then when they move their bitcoins out they charge 0.5% and consumers that want to buy things with bitcoins they will charge 0.5% to convert to bitcoins. With a long time goal of making bitcoins and their hub the central point of going between.

I want to know one how much of the investments are going towards buying bitcoins to stock there currency exchange? Two is it just going to be a bunch of widgets like paypal is with the central point being the wallet. Also what if they get investigated for laundering money, or some how shutdown.

Want to earn 2500 SATOSHIS per hour? Come Chat and Chill in https://goseemybits.com/lobby
Bitcoin Oz
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June 29, 2012, 09:09:08 PM
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I wonder if this is the cause of the $200 000 wall on btc-e.com

Glad I bought shitloads of coins recently...

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