Topic: Bitcoin-Central, first exchange licensed to operate with a bank. This is HUGE - page 14. (Read 191876 times)
April 01, 2013, 01:32:05 PM
yep, any information? any fund have been stolen?
April 01, 2013, 01:28:32 PM
February 26, 2013, 04:39:09 PM
... it's a project that is in the pipeline on the bank's side, we have no precise ETA, but we know it should be rolled-out in a couple-of-months-ish.
Any news for the IBAN and acceptance of MtGox code as deposit/withdrawal method?
Thanks for the Fortuneo tip ghdp. I will explore that as an option but maybe try some of the European banks in London too, even if it's just for language's sake.
February 26, 2013, 04:10:40 PM
Hm, did I read somewhere I would get my own IBAN in my Name after verifying my account?
My account is verified, but when clicking "deposit", it still gives me the "general" account info of paymium to transfer my EUR to.
That's not available yet, it's a project that is in the pipeline on the bank's side, we have no precise ETA, but we know it should be rolled-out in a couple-of-months-ish.My account is verified, but when clicking "deposit", it still gives me the "general" account info of paymium to transfer my EUR to.
Any news for the IBAN and acceptance of MtGox code as deposit/withdrawal method?
February 26, 2013, 09:13:49 AM
Hm, did I read somewhere I would get my own IBAN in my Name after verifying my account?
My account is verified, but when clicking "deposit", it still gives me the "general" account info of paymium to transfer my EUR to.
That's not available yet, it's a project that is in the pipeline on the bank's side, we have no precise ETA, but we know it should be rolled-out in a couple-of-months-ish.My account is verified, but when clicking "deposit", it still gives me the "general" account info of paymium to transfer my EUR to.
Any news for the IBAN and acceptance of MtGox code as deposit/withdrawal method?
February 23, 2013, 07:38:22 PM
Just curious... what will it take to make this happen in the US?
How do you get a bank to automatically convert your savings to bitcoins?
Are there any plans for one in the US?
Some banks allow you to buy bitcoin now in their branches. Why not ask them if they will convert your savings as well? Its for sure USD is not going to regain its value.
Edit: Mike Maloney has some things to say about money history in the U.S.
February 23, 2013, 07:16:52 PM
Quote
Each account will in a few months get its very own IBAN number, users will be able to use it as any other bank account, have their salaries and pensions sent there and have them automatically converted to Bitcoin if they so wish
Just curious... what will it take to make this happen in the US?
How do you get a bank to automatically convert your savings to bitcoins?
Are there any plans for one in the US?
February 22, 2013, 02:25:30 PM
TIME - PRICE - PRIORITY
I enter an order to sell 200 @ 24.9€
Someone else enters an order to sell 10 @ 24.9€
HIS order is ABOVE mine in the order book, so I assume HIS order gets matched first WHEN IT SHOULD NOT BE.
I enter an order to sell 200 @ 24.9€
Someone else enters an order to sell 10 @ 24.9€
HIS order is ABOVE mine in the order book, so I assume HIS order gets matched first WHEN IT SHOULD NOT BE.
January 07, 2013, 08:39:07 AM
Do you have plans to provide your own bcEUR-Codes?
January 07, 2013, 06:38:22 AM
Which is why it won't be allowed for withdrawals. Since MtGox don't do one of the basics of their job - timely processing of withdrawals - everyone would want to transfer their codes and cash out at Bitcoin-Central instead. This is not possible if Bitcoin-Central are not able to get their own funds out of MtGox quickly - they will run out of cash-flow.
Also, it would be like MtGox were outsourcing their withdrawals processing function to Bitcoin-Central for free. I can't see that happening.
The main issues with the whole MtGox code thing is that MtGox is not financially licensed in any way I know of. It makes the taxation status of these codes unclear, it also requires us to come up with a reasonable and safe way to fit them in our accounting.Also, it would be like MtGox were outsourcing their withdrawals processing function to Bitcoin-Central for free. I can't see that happening.
The second issue is that we need to be 100% full-reserve, each user must have the same balance displayed by Bitcoin-Central as the EUR balance that's actually on his sub-account inside the Paymium account. That means that we'll actually need to front the money until mtgox pays us.
There is obviously demand, rolling out the feature out is easy, (it's been in the code for weeks). Rolling out the feature properly is non-trivial
January 07, 2013, 05:49:00 AM
IBANs for accounts will be available when the technical project is complete on Aqoba's side, I'd say the ETA is a few months.
Acceptance of MtGox codes is in the works, it might be only available for deposits though.
Acceptance of MtGox codes is in the works, it might be only available for deposits though.
When these both complete, be ready to have a huge influx of capital
Allowing mtgox code deposit and withdrawal will complete the cycle for arbitrage that will bring you higher transaction volume.
Which is why it won't be allowed for withdrawals. Since MtGox don't do one of the basics of their job - timely processing of withdrawals - everyone would want to transfer their codes and cash out at Bitcoin-Central instead. This is not possible if Bitcoin-Central are not able to get their own funds out of MtGox quickly - they will run out of cash-flow.
Also, it would be like MtGox were outsourcing their withdrawals processing function to Bitcoin-Central for free. I can't see that happening.
January 07, 2013, 05:35:11 AM
Any news for the IBAN and acceptance of MtGox code as deposit/withdrawal method?
IBANs for accounts will be available when the technical project is complete on Aqoba's side, I'd say the ETA is a few months.Acceptance of MtGox codes is in the works, it might be only available for deposits though.
When these both complete, be ready to have a huge influx of capital
Allowing mtgox code deposit and withdrawal will complete the cycle for arbitrage that will bring you higher transaction volume.
January 07, 2013, 05:24:05 AM
Any news for the IBAN and acceptance of MtGox code as deposit/withdrawal method?
IBANs for accounts will be available when the technical project is complete on Aqoba's side, I'd say the ETA is a few months.Acceptance of MtGox codes is in the works, it might be only available for deposits though.
January 07, 2013, 05:11:42 AM
Hm, did I read somewhere I would get my own IBAN in my Name after verifying my account?
My account is verified, but when clicking "deposit", it still gives me the "general" account info of paymium to transfer my EUR to.
That's not available yet, it's a project that is in the pipeline on the bank's side, we have no precise ETA, but we know it should be rolled-out in a couple-of-months-ish.My account is verified, but when clicking "deposit", it still gives me the "general" account info of paymium to transfer my EUR to.
Any news for the IBAN and acceptance of MtGox code as deposit/withdrawal method?
December 25, 2012, 05:09:18 AM
Is there any way we could have a confirmation from Aqoba of this information ?
Yep, pick your phone up and give them a call I really look forward to use extendedly your service (I'm french), but I don't really want to give my ID card just like that, I'm sure you will understand
Absolutely.Btw thank you for developping a service like that, with an open API !
Thanks! Don't hesitate to give feedback in the API thread. 
December 24, 2012, 08:15:07 PM
Is there any way we could have a confirmation from Aqoba of this information ?
I really look forward to use extendedly your service (I'm french), but I don't really want to give my ID card just like that, I'm sure you will understand
Btw thank you for developping a service like that, with an open API !
I really look forward to use extendedly your service (I'm french), but I don't really want to give my ID card just like that, I'm sure you will understand
Btw thank you for developping a service like that, with an open API !
December 20, 2012, 10:34:41 PM
We don't offer this feature. The way I see it is that if you change your mind about your order size you lose your spot in the queue.
For a person manually placing trades that might matter but it is a moot point in this instance. For those offers generated by a bot, sub-penny pricing gives a way to regain your spot in line.
December 20, 2012, 10:18:46 AM
Tell users exactly how the trade matcher works in a language everyone can understand (english maybe, not SQL/python/whatever).
Well, ask and you'll be answered.Telling people to go read some source that might or might not be what's currently being used on the site is not sufficient and doesn't say anything about wether or not the policies of the trade matcher will remain like that.
It's still a good indication, and a good incentive for the operator to have a zero-bullshit policy Can a bot pull orders while an order (say big dump) is being executed and will the bot receive updates "on the way down" and get a chance to react or is that huge order executed atomically with noone being able to interfere?
It will be executed atomically thanks to MySQL transactions now, and it will remain that way because I'm going to roll-out functionality that will queue everything and execute all jobs in an asynchronous fashion.Please, I urge you to stand out and be better than Gox in this regard. Btw: You're currently better than MtGox at customer support as far as I can tell (although it might not be indicative of what happens once you gain a larger customer base).
We do as best as we can, and frankly, I think that being better at customer support is the best way to grow.I don't really like doing it, but it still makes me a little fuzzy inside when people give you nice words for helping them without them having to wait a week.
The trading aspect of your endeavour might not be your highest priority (I don't know), but I would really love to see you guys do it "right" from the beginning.
We strive to do things right since 2010 
December 20, 2012, 10:02:43 AM
Please, I urge you to stand out and be better than Gox in this regard. Btw: You're currently better than MtGox at customer support as far as I can tell (although it might not be indicative of what happens once you gain a larger customer base).
+ OVER NINE THOUSAND
December 20, 2012, 09:53:19 AM
Personally I don't care much, but I think 2WeiX has a point. You should probably check the sources and publish your findings in the FAQ or somewhere on the site for sake of transparency.
The source for Bitcoin-Central has been closed for a while now, but the trading engine code hasn't really changed, so anyone can go have a look for themselves on github Thanks for putting that smiley, otherwise I'd be mad now
.Again, I support what 2weiX said. I'm missing this kind of transparency on MtGox: Tell users exactly how the trade matcher works in a language everyone can understand (english maybe, not SQL/python/whatever). Telling people to go read some source that might or might not be what's currently being used on the site is not sufficient and doesn't say anything about wether or not the policies of the trade matcher will remain like that.
Apart from the details 2WeiX requested in his last post, there are other details that might be interesting, for example: Can a bot pull orders while an order (say big dump) is being executed and will the bot receive updates "on the way down" and get a chance to react or is that huge order executed atomically with noone being able to interfere?
Please, I urge you to stand out and be better than Gox in this regard. Btw: You're currently better than MtGox at customer support as far as I can tell (although it might not be indicative of what happens once you gain a larger customer base).
The trading aspect of your endeavour might not be your highest priority (I don't know), but I would really love to see you guys do it "right" from the beginning.
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