Bitcoin website bank. | Bitcointalksearch.org

FreeMoney

legendary

Activity: 1246

Merit: 1016

Strength in numbers

Quote from: BrightAnarchist on September 09, 2010, 09:36:28 PM

Quote from: FreeMoney on September 09, 2010, 08:53:18 PM

Quote from: mtgox on September 09, 2010, 08:32:17 PM

or mtgox does this also.

Do you to transfers between accounts? I think that's a main feature he's interested in.

Hey FreeMoney -- can you vouch for MyBitcoin? It looks like a pretty handy service. However, I'm curious as to how well backed up the coins are. I back up my wallet in several locations after each transaction. I wonder if MyBitcoin has an intelligent backup system... what happens if I use myBitcoin and the server's HD dies?

I don't know them and haven't used them beyond setting up an account.

The Madhatter

hero member

Activity: 490

Merit: 511

My avatar pic says it all

Funny you should mention this. I emailed MyBitcoin yesterday. I asked those exact same questions. Great minds think alike, I guess. Roll Eyes

I was told that they do hourly snapshots on a 90 day loop to 2 remote servers, and that the server they are on has RAID, etc.

They also told me that they back the "deposits" 100%. I wonder if they'll publish stats. It would be interesting to see their payment velocity, average account holdings, etc.

Cheers! Cheesy

Quote from: BrightAnarchist on September 09, 2010, 09:36:28 PM

Hey FreeMoney -- can you vouch for MyBitcoin? It looks like a pretty handy service. However, I'm curious as to how well backed up the coins are. I back up my wallet in several locations after each transaction. I wonder if MyBitcoin has an intelligent backup system... what happens if I use myBitcoin and the server's HD dies?

TTBit

legendary

Activity: 1137

Merit: 1001

Quote from: mtgox on September 09, 2010, 08:32:17 PM

or mtgox does this also.

When your merchant stuff gets going, your site will be ideal. I would really like to have more control over incoming bitcoin addresses. I sold about 10 things on biddingpond, and I wanted to create an address, assign it a name like "Auction 30 - butter knives." The bitcoin program is still the best for sorting incoming bitcoins.

Would be great if I could use it on biddingpond, but I don't know the final price until the auction ends, and if I remember correctly, it wanted a price? Something I either couldn't figure out or couldn't do.

congrats on a great site.

BrightAnarchist

donator

Activity: 853

Merit: 1000

Quote from: FreeMoney on September 09, 2010, 08:53:18 PM

Quote from: mtgox on September 09, 2010, 08:32:17 PM

or mtgox does this also.

Do you to transfers between accounts? I think that's a main feature he's interested in.

Hey FreeMoney -- can you vouch for MyBitcoin? It looks like a pretty handy service. However, I'm curious as to how well backed up the coins are. I back up my wallet in several locations after each transaction. I wonder if MyBitcoin has an intelligent backup system... what happens if I use myBitcoin and the server's HD dies?

FreeMoney

legendary

Activity: 1246

Merit: 1016

Strength in numbers

Quote from: mtgox on September 09, 2010, 08:32:17 PM

or mtgox does this also.

Do you to transfers between accounts? I think that's a main feature he's interested in.

mtgox

full member

Activity: 185

Merit: 102

or mtgox does this also.

TTBit

legendary

Activity: 1137

Merit: 1001

Quote from: Insti on September 09, 2010, 02:47:39 PM

something like: https://www.mybitcoin.com/ ?

ummm. yeah! thanks!

if its your site, well done.

Insti

sr. member

Activity: 294

Merit: 252

Firstbits: 1duzy

something like: https://www.mybitcoin.com/ ?

TTBit

legendary

Activity: 1137

Merit: 1001

Since I've basically given up on generating, I would prefer to deposit my bitcoins into an on-line bitcoin bank.

Advantages:
Let the bank worry about my wallet.dat file. I'd pay to insure the balance.
Give me a better interface for making and receiving payments. I want to pay "TAABL" or "Charlie", not "14uIjoimio32mqZai0"
Completely portable.
I can get my friends & family into bitcoins by pointing them to a website instead of downloading an application.
More of a 'banking' feel.
Someone on these boards (Free Money?) mentioned it would be nice to have employees do basic cash register without complete access to entire wallet and balance. This could be done.

Dis-advantages
I don't trust anyone with my coins yet. Don't know why, I have all my $$$ in banks around where I live.

Basically, I see an advantage to have people get into bitcoins without ever going to bitcoin.org. I'm just not smart enough to implement my own idea.

Topic: Bitcoin website bank. (Read 2882 times)