Topic: Any Bsave.io savers around here? - page 2. (Read 28519 times)

I dont no i signed up for bsave when they where in beta and any time i had a problem or question they took care of it or responded wright away I have some btc there and have been paid interest on it daily right now they also have a fund raiser on bnktothefuture.com with 45 days to go and 80% there I would back them but unfortunately its not in my finances wright now   

lending bot
arbitrage bot

literally the dumbest sentence I read all year regarding bitcoin

 
First, if you would lend me your BTC I could give you much more than 4% per year. It's not hard to make between 10 to 25 % with low risk.
IMO 4% is too low to be worth it.

Secondly, these guys are totally unknown in the crypto world. I've seen they displayed some names but it's still not enough. Why don't they come here to talk and build a reputation before taking your BTC ?

My advice : Don't put any money yet or just learn to make a profit yourself.

team:
https://www.bsave.io/about-us/

seems legit: 
2015: https://www.cryptocoinsnews.com/bsave-io-gains-400000-investment-announces-coinbase-linked-bitcoin-savings-account/
2016: https://bnktothefuture.com/pitches/2755/_bsave-savings-account-making-digital-currency-work-for-you.html (MINIMUM INVESTMENT GOAL reached)

I wonder if it's worth risking your money for a centralized service. who are the owners? is there any team site/legit diligence?

MY AVERAGE DAILY RETURN
0.011 %
MY EXPECTED YEARLY RETURN
4.14 %
YESTERDAY BSAVE DAILY RETURN
0.012 %

get better and better. keep going!

BSave Upgrades Customer Account Security with Clef
BSave, the world’s first Bitcoin savings account bearing interest by the minute, integrates Clef, a replacement for usernames and passwords and the most secure 2FA available.

April 5, 2016 - Today, BSave, creators of a new generation of Bitcoin savings account, announced an integration with Clef, a simple and secure login that replaces usernames and passwords. Starting today, Bsave partnered with Clef as its primary method and preferred choice for user login. BSave is the latest in a growing number of Bitcoin related ventures to add Clef to their features set. Many Bitcoin services deal with the transfer of currency and thus require high-level security. Clef is a highly visible way to demonstrate security and earn invaluable user trust.

BSave is a London based start-up which has created the world’s first cryptocurrency savings account bearing interest by the minute. The platform allows individuals to create an account, transfer their bitcoin into the new account, and start earning competitive interest rates immediately. Interest is credited to customer accounts on a daily basis, and presently BSave sites a 2.89% APR for customer accounts. BSave also guarantees full liquidity on all accounts. Customers can withdraw funds at any time without financial penalties. The company has taken implemented a suite of security measures, the latest of which is the Clef integration, to assure the maximum level of customer account security.

On top of the basic cryptographic login that Clef offers, BSave has also integrated Clef’s advanced protections through a feature called, “Distributed Authentication.”  Normally, when you log in with Clef, all of the cryptography happens on the Clef server, and then your information is passed to whatever site you are logging in to. With Distributed Authentication, the site gets a copy of your public key from the Clef server to verify the login. The site then sends a challenge to the Clef app on your phone, where you confirm and sign it. This lets the partner site verify the login independently of the Clef server, so that even in extreme cases of compromise, your account is still protected.


About BSave
BSave is delivering products and infrastructure to facilitate the adoption of Bitcoin. The Company is focused on delivering accessible, transparent, safe and easy to use products for the consumers and is uniquely positioned to do so based on the experience and background of the founding team which combine skills in:
Capital markets, algorithms and financial structures
Easy to use applications and interfaces
Transactional platforms
Digital currency security and blockchain know-how
BSave, will continue to expand its market reach and product offering through a pipeline of innovative products and partnerships and plans to become a significant player in the emerging digital currency market. For more information, follow us on twitter at @bsave_io or visit us at: www.bsave.io

About Clef
Clef has built a replacement for usernames and passwords that makes it easy for businesses to provide customer accounts with maximum security. Clef powers logins for more than 150,000 sites and The New York Times described Clef as “magical.” Additionally, the company has received accolades from, Techcrunch, and The Economist. Clef is based in Oakland, California and is funded by Morado Ventures and angels from a broad variety of product and security backgrounds. For more information on Clef, visit getclef.com or check out their press kit.

I decided to try them, so far no complaints in this topic, that's good, hehe

No problems for me so far.  They send a email every day saying how much interest I earned which is now compounded.  14 cents so far for a small amount deposited.  Hopefully they developed some name brand partners in the future to restore confidence.

no withdrawl fee has been charged

May I ask; what was the fee they charged you to withdraw ?

Thank you for posting this N... I'm staying away for now.

partnership between Coinbase and Bsave ended

http://bitcoinwarrior.net/2016/02/talk-jonathan-azeroual-bsave/

Their site has several mentions of "loan margin market" and their "rates"  ... but I am not sure of what exactly what that means

Seems like it will be hard for any legit company to get their foot in the door.  Anybody that pays interest is automatically accused of being a scam because of bitcoins shady past.  Unfortunate...

I would like to know more about how they make money on our bitcoins to pay us interest.  And how they calculate the interest rate.

I would also feel more comfortable if I knew who is backing them and how they raised there seed money.

tried it - not worth the risk in my opinion. would stay away

10% i would be happy with. so happens i had second and third loans with some that were bigger go bad so it turned into 13% default rate taking 30% of my money. i got screwed. made it the break even
 and now i let the autoinvest do the risk for me.

BSave has said that it'll be attending the Bitcoin Miami conference to discuss more about its service, but honestly I feel very insecure to be linking my Coinbase account to their website and transferring the funds to their saving account. They have total control over all our funds. I also know of a similar service called magnr which pays a bit more annually. I would love to know how is the interest rate compounded, is it monthly or annually?

I did the same