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Author Topic: New eWallet called Coinbase promises 0.5% BTC/USD conversation rate  (Read 1880 times)
Serith (OP)
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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.
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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1714031668
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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 ?

Bitcoin pioneer. An apostle of Satoshi Nakamoto. A crusader for a new, better, tech-driven society. A dreamer.

More about me: http://CharlieShrem.com
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
Bitcoin Oz
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Wat


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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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