Topic: Bit-Bank: New Online eWallet (Read 5509 times)
Bumping after nearly 2 months to say we've just released a new design and are working towards many more features.
I would trust my btc with someone else! 
Go ahead - it's your bitcoins after all.
I would trust my btc with someone else!
I agree that eWallets should indeed be put under greater security than mining pools or similar websites, however I don't think arguing about my age would do us any good.
With MyBitcoin disappearing and all, I understand many users are reluctant to use another eWallet service. With the many signs of fraud the site exhibited (ie disappearing accounts, no response from the admins) I think this was eventually going to happen.
I'm trying to build trust by being as transparent as possible in all of the website's ongoings (unlike MyBitcoin). My partner and I are currently in the process of building a new design (which looks quite sexy, I must say
) and within the new website we'll be detailing the aspects of security, the backend infrastructure (including off-site backups, updating the ToS, etc), and any other pertinent information regarding Bit-Bank.
Ideally, by doing this, I'll begin building trust with the BitCoin community, and users such as Martin would have no reason to doubt the legitimacy of Bit-Bank. But, for now, his doubts are justified - it's better to be overly cautious in a situation like this (especially when a competing site ran off with an extremely large sum of Bitcoins.)
With MyBitcoin disappearing and all, I understand many users are reluctant to use another eWallet service. With the many signs of fraud the site exhibited (ie disappearing accounts, no response from the admins) I think this was eventually going to happen.
I'm trying to build trust by being as transparent as possible in all of the website's ongoings (unlike MyBitcoin). My partner and I are currently in the process of building a new design (which looks quite sexy, I must say
) and within the new website we'll be detailing the aspects of security, the backend infrastructure (including off-site backups, updating the ToS, etc), and any other pertinent information regarding Bit-Bank. Ideally, by doing this, I'll begin building trust with the BitCoin community, and users such as Martin would have no reason to doubt the legitimacy of Bit-Bank. But, for now, his doubts are justified - it's better to be overly cautious in a situation like this (especially when a competing site ran off with an extremely large sum of Bitcoins.)
Why are you guys still talking about that? Haven't we establish the owner is over 18?
No, we've only had the owner say he was over 18.
I'm not posting this because I don't believe him; I'm posting because we just had another identical service disappear with a lot of people's coins. This type of site asks that you deposit valuable commodities with them - surely it should be put under greater scrutiny than a mining pool or other service. Maybe someone in the area could meet him for coffee, verify his ID, etc. This way you would have a starting point for a lawsuit should anything happen to your assets.
As a community we need to learn from our mistakes.
I don't believe you are over 10 years of age, therefore I shouldn't take your advice.
Why are you guys still talking about that? Haven't we establish the owner is over 18?
No, we've only had the owner say he was over 18.
I'm not posting this because I don't believe him; I'm posting because we just had another identical service disappear with a lot of people's coins. This type of site asks that you deposit valuable commodities with them - surely it should be put under greater scrutiny than a mining pool or other service. Maybe someone in the area could meet him for coffee, verify his ID, etc. This way you would have a starting point for a lawsuit should anything happen to your assets.
As a community we need to learn from our mistakes.
Why are you guys still talking about that? Haven't we establish the owner is over 18?
By the way, according to Latvian Civil Code, any contract signed with person under 18 can be disputed in court and with some probability declared void (that mean refund of whole amount).
That's how it works here in the states too. And the minor gets to keep the product while the adult has to give them the money back.
By the way, according to Latvian Civil Code, any contract signed with person under 18 can be disputed in court and with some probability declared void (that mean refund of whole amount).
ill pm you later .. another 6hours of scans to go..
Ah, you were the one running Acunetix. I banned your IP because I was wondering who the hell was trying to hack the site.I'll unban it, though, if you aren't actually trying to hack it.
(Also, I've previously run Acunetix - it came up clean).
ill pm you later .. another 6hours of scans to go..
you need to totally rethink your server setup.
Care to elaborate?If you'd prefer not to post here, a PM would be appreciated.
you need to totally rethink your server setup.
I suggest maybe finding a way to secure APIs. One API could be leaked and people could steal funds.
Currently, both the user token and API key (which is handed out to developers on an as-needed basis) are required before using the API.Also, users must physically have API access enabled in their account - if they're not using the API they should keep it off.
I know. There probably isn't an easy way you could do it to prevent programs from spoofing and then stealing funds.
I suggest maybe finding a way to secure APIs. One API could be leaked and people could steal funds.
Currently, both the user token and API key (which is handed out to developers on an as-needed basis) are required before using the API.Also, users must physically have API access enabled in their account - if they're not using the API they should keep it off.
I suggest maybe finding a way to secure APIs. One API could be leaked and people could steal funds.
Thanks for the reply, and do you take any of the bitcoins when transfering?
Yep, currently a 0.01 btc fee is taken for every withdrawal to a bitcoin address (however, transferring to another Bit-Bank account is free).I added the page to http://payco.in/wallets/
I'll try to get my guy J to implement this on my join up page. Nice!
Thanks a lot! I'll try to get my guy J to implement this on my join up page. Nice!
I added the page to http://payco.in/wallets/
I'll try to get my guy J to implement this on my join up page. Nice!
I'll try to get my guy J to implement this on my join up page. Nice!
Thanks for the reply, and do you take any of the bitcoins when transfering?
Nonsense. In Canadian law, you cannot enter into an agreement with a minor. If he is under 18 anything you are sending to him is his, and he has no legal liability to give it back.
Are you making up or have you just misread something? A minor, or anyone with diminished mental capacity, can more easily get out of a contract if it becomes clear they were taken advantage of, but that doesn't mean you can't enter into an agreement with a minor. I'm just basing that on common sense though.Inthe US a person of the majority should *never* conduct business with persons of the minority as the minor can claim s/he did not know what s/he was getting into and they get to keep the product/service and you *have* to give them *all* their money back.
Don do eet mon!
Jump to: