Circle Asks all Customers to Convert to USD, Releases New Bitcoin-Free Ad!

Nagle

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Quote from: MicroGuy on September 22, 2015, 09:33:21 PM

This is looking really bad. They've also revamped their home page.

https://www.circle.com/en

Now you have to scroll way down the page to find any mention of Bitcoin at all.

What mention of Bitcoin? US/not logged in, it seems to be completely gone.

MicroGuy

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Today, Circle has ended all instant ACH bitcoin purchases. In the past, you could buy bitcoins instantly with checking. Cry

https://www.reddit.com/r/Bitcoin/comments/3m2d8u/circle_paused_all_deposits_and_withdrawals_922923/

They've also apparently decided to reduce bitcoin sending/selling limits according to a redditor who commented on the above link.

I'm not very excited to find out which axe they decide to drop tomorrow. The people saying all of this is good news are delusional. Roll Eyes

unholycactus

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Quote from: mallard on September 23, 2015, 01:23:07 PM

Quote from: MicroGuy on September 22, 2015, 09:33:21 PM

Now you have to scroll way down the page to find any mention of Bitcoin at all. Cry

I see it right at the top.

edit: sorry, didn't see Lauda's post.

Quote from: StevenS on September 23, 2015, 12:46:57 PM

You must have a different cookie or something. This is what I get:

Even when I browse with Incognito mode I still see BTC.
Maybe it's a country thing?

Canada and I see Bitcoin right away. Seems to be the same for other countries with proxies. Haven't tried a US one.

mallard

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Quote from: MicroGuy on September 22, 2015, 09:33:21 PM

Now you have to scroll way down the page to find any mention of Bitcoin at all. Cry

I see it right at the top.

edit: sorry, didn't see Lauda's post.

Quote from: StevenS on September 23, 2015, 12:46:57 PM

You must have a different cookie or something. This is what I get:

Even when I browse with Incognito mode I still see BTC.
Maybe it's a country thing?

StevenS

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Quote from: Lauda on September 23, 2015, 10:10:18 AM

This is a lie and you're spreading false information and propaganda. This is the first thing that I see when I open that link:

You must have a different cookie or something. This is what I get:

Lauda

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Terminated.

Quote from: MicroGuy on September 22, 2015, 09:33:21 PM

This is looking really bad. They've also revamped their home page.

https://www.circle.com/en
Now you have to scroll way down the page to find any mention of Bitcoin at all. Cry

This is a lie and you're spreading false information and propaganda. This is the first thing that I see when I open that link:

maokoto

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Too bad, a step backward for mainstream adoption. For now, you can still "stay with bitcoin", but seems it will be a forced exit later...

MicroGuy

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Circle appears to be distancing itself from Bitcoin. And I see nothing to support the notion that they're using blockchain technology for user to user transfers. The move looks more like the first step in a transition to a new business model. Yesterday, in a blog post, the company mentions adding "further currencies", suggesting that bitcoin is no longer going to be the focus.

This could turn out to be the worst news of the year for Bitcoin. If the bitcoin core team can't get its act together, we may see more companies making similar moves. I don't see how bitcoin can possibly remain competitive when its software is stuck in 2009 mode.

NorrisK

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Quote from: Kakmakr on September 23, 2015, 12:50:07 AM

I think there was some people who were asking for this type of integration, where Bitcoin is the underlying network and based on the fiat currency as the interface to the customer. The customer will not make any judgement based on the tainted background of Bitcoin, they just use a service that works.

Why is it so important for people to know that they using Bitcoin? If more of them use the technology, we all benefit from it anyway.

Indeed. And on top of that, people are still using bitcoin, even if they are seeing USD in their accounts. Wonder how they take care of the volatility. Is your usd balance constantly changing?

Kakmakr

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I think there was some people who were asking for this type of integration, where Bitcoin is the underlying network and based on the fiat currency as the interface to the customer. The customer will not make any judgement based on the tainted background of Bitcoin, they just use a service that works.

Why is it so important for people to know that they using Bitcoin? If more of them use the technology, we all benefit from it anyway.

pumawolf

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when bitcoin goes mainstream, people wont even know they are using bitcoins. there will be so many 3rd party links ,people will be more focus on if the company can do what it says it can do , rather than what bitcoin can do. and of course company will just use btc ,while the customer could careless how they get the job done. this might be the only way btc will ever make it .

coinplus

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Quote from: BitcoinNewsMagazine on September 22, 2015, 10:09:53 PM

Jeez louise, just click the button to stay with bitcoin. Is that so hard?

Yes it's hard. I just do not like that option. In my opinion everybody looking for bitcoin and traders buy or sell bitcoins for USD or vice versa. So, asking for converting it's so hard from a bitcoin start up. Circle now seems like a not a bitcoin service. They need to support bitcoin community at least by showing some love towards bitcoin.

BitcoinNewsMagazine

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Jeez louise, just click the button to stay with bitcoin. Is that so hard?

billyjoeallen

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BULLSHIT! This could be Circle's way of buying all the bitcoin in all the circle wallets at current low prices.

They are just competing with Coinbase, who gives away $80 worth of bitcoin (to to new wallet and $75 referral) for a $100 purchase.

The debit card thing is amazing. It's totally fucking free. Let's see Venmo do that.

knight22

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Quote from: MicroGuy on September 22, 2015, 09:33:21 PM

This is looking really bad. They've also revamped their home page.

https://www.circle.com/en

Now you have to scroll way down the page to find any mention of Bitcoin at all. Cry

Good. Mainstream does not have a very good opinion on bitcoin so that's a well putted marketing Trojan horse.

MicroGuy

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This is looking really bad. They've also revamped their home page.

https://www.circle.com/en

Now you have to scroll way down the page to find any mention of Bitcoin at all. Cry

knight22

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Quote from: MicroGuy on September 22, 2015, 09:16:59 PM

Reddit speculation >>>

Quote from: knight22 on September 22, 2015, 09:10:47 PM

Not surprising. Circle's target audience is mainstream and mainstream Joe does not care about speculating on bitcoin. That might change during the next bull market though Cheesy

Yes, but this looks like a possible first-step move away from Bitcoin. Hopefully, that's not the case.

Jeremy Allaire made it clear that Circle is meant as a transaction system using bitcoin as a vehicle just like bitreserve. It's still good enough they give choice to the consumers if they want to stay in bitcoin. They also use the blockchain and send fees to miners which is a good thing. He also recognized that bitcoin needs to have a speculator base to give it value for it to function (replying to the question if bitcoin can be separated from the blockchain).

I'm fine with this.

stuff0577

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More stuff will come.

Quote from: MicroGuy on September 22, 2015, 09:16:59 PM

Reddit speculation >>>

Quote from: knight22 on September 22, 2015, 09:10:47 PM

Not surprising. Circle's target audience is mainstream and mainstream Joe does not care about speculating on bitcoin. That might change during the next bull market though Cheesy

Yes, but this looks like a possible first-step move away from Bitcoin. Hopefully, that's not the case.

Maybe not. I think they are just trying to expand what they can offer. Grin

MicroGuy

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Reddit speculation >>>

Quote from: knight22 on September 22, 2015, 09:10:47 PM

Not surprising. Circle's target audience is mainstream and mainstream Joe does not care about speculating on bitcoin. That might change during the next bull market though Cheesy

Yes, but this looks like a possible first-step move away from Bitcoin. Hopefully, that's not the case.

knight22

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Not surprising. Circle's target audience is mainstream and mainstream Joe does not care about speculating on bitcoin. That might change during the next bull market though Cheesy

Topic: Circle Asks all Customers to Convert to USD, Releases New Bitcoin-Free Ad! (Read 1199 times)