I recently joined Coinjar and their support team are great though they recently made a change to their verification system, I used Austpost ID when I joined. Now they want a JoP to verify my I’d documents and send them into them.
The problem is they want to hold your money for a minimum of 7days to deter fraudsters from using their exchange. However they never sent out any notification this would be happening and I have been locked out of the market for a week nearly and been unable to buy alt coin.
I also notice their BTC price is delayed or different from current market by a few hundred dollars.
Topic: CoinJar - Australia's first VC-backed Bitcoin startup (Read 39153 times)
@GetCoinJar whats going on with the support ,,, This just so slow..... 2FA is locking people out without any reason,,,, website has Bugs .... Requested deposit Cancellation from Bank.... #Coinjarsupportstepupthegame
They are very average - dont trust them one bit. BTC Markets is much better and cheaper.
@GetCoinJar whats going on with the support ,,, This just so slow..... 2FA is locking people out without any reason,,,, website has Bugs .... Requested deposit Cancellation from Bank.... #Coinjarsupportstepupthegame
Why is the minimum loan 1 bitcoin? I've never many loans and I would have borrowed from you guys but you guys didn't let me buy 0.1 BTC.
Why is there not a huge warning in bright red flashing colours on this thread and coinjars website making everyone aware of Zhou Tong's background and history which meant many users lost their bitcoin in what looks like a huge scam??
https://www.reddit.com/r/Bitcoin/comments/2xfag9/psa_zhou_tong_created_coinjar_the_service_behind/
https://bitcointalksearch.org/topic/statement-about-the-suspect-of-recent-bitcoinica-hack-95795
https://www.youtube.com/watch?v=AypRF9q0llU
https://www.reddit.com/r/Bitcoin/comments/2xfag9/psa_zhou_tong_created_coinjar_the_service_behind/
https://bitcointalksearch.org/topic/statement-about-the-suspect-of-recent-bitcoinica-hack-95795
https://www.youtube.com/watch?v=AypRF9q0llU
Does coinjar use a shared wallet? Or does it have a new address for every single deposit
Can someone from coinjar pls PM me regarding a transaction I am trying to do that requires human intervention? Want to use coinjar to trade but need something done first.
Coinjar will make $1k commission from me, so please pm me
Coinjar will make $1k commission from me, so please pm me
Please submit a ticket on https://support.coinjar.com/. I'm mainly working on technical stuff but there will be other people in the team to help you out while I'm not available.
Avoid Coinjar and any project this Zhoutong motherfucker has ever started, he always shafts his users
he is the scum of the bitcoin world
I still have domains stranged in his nameterrific project, and I heard he screwed users with bitcoinica project
got an email and it sounds like zhoutong in his best days with Bitcoinica:
oh, his other business came to an end. maybe he realized that serious business is not so easy for getting rich than stealing other people coins.
https://www.nameterrific.com/sunset
Quote
It's your last chance to claim $5
Hi Stupid
You are eligible to claim $5 when you activate and identify with CoinJar. This offer ends on Friday 25 October, so don't miss out - activate and get identified now.
Claim your credit now.
Activating Filler and getting identified lets you buy and sell bitcoin and makes you eligible for CoinJar Swipe, our bitcoin EFTPOS card.
Copyright © 2014 CoinJar Pty Ltd, All rights reserved.
CoinJar users who have opted to receive communications from CoinJar.
Our mailing address is:
CoinJar Pty Ltd
P.O. Box 116
Collins Street West, VIC 8007
Australia
Hi Stupid
You are eligible to claim $5 when you activate and identify with CoinJar. This offer ends on Friday 25 October, so don't miss out - activate and get identified now.
Claim your credit now.
Activating Filler and getting identified lets you buy and sell bitcoin and makes you eligible for CoinJar Swipe, our bitcoin EFTPOS card.
Copyright © 2014 CoinJar Pty Ltd, All rights reserved.
CoinJar users who have opted to receive communications from CoinJar.
Our mailing address is:
CoinJar Pty Ltd
P.O. Box 116
Collins Street West, VIC 8007
Australia
oh, his other business came to an end. maybe he realized that serious business is not so easy for getting rich than stealing other people coins.
https://www.nameterrific.com/sunset
Hi coinjar & Co,
Firstly, congratulations on launching a service which many in Australia will no doubt use. I do have one question though, you specify there's only 2% on the current spot price. For Australian customers does this include the GST element of 10%? If it does and given that once your revenue exceeds $75K you would be required to charge GST how is charging 2% on current spot price sustainable?
Thanks,
Stuart
Firstly, congratulations on launching a service which many in Australia will no doubt use. I do have one question though, you specify there's only 2% on the current spot price. For Australian customers does this include the GST element of 10%? If it does and given that once your revenue exceeds $75K you would be required to charge GST how is charging 2% on current spot price sustainable?
Thanks,
Stuart
Without a specific ruling from the ATO, we consider Bitcoin input-taxed supply, just like shares, bonds, derivatives, foreign currencies and precious metals. That means you have to pay GST for goods and services when you make purchases using Bitcoin.
The 2% fee itself already includes GST, because we charge 2% for the service we provide, and we will absorb it for now. (We may increase the fee to 2.2% if our profit is affected by GST, but there's no immediate plan.) Currently for CoinJar Checkout merchants, we give them access to a paper trail of GST paid, so they can easily claim GST credits if they are eligible.
(We are still in the process of GST registration, but the registration will be backdated to our incorporation date.)
Ok, and further to this since you're targeting the use of a tax ruling associated with financial services and intend to onsell them to end users (essentially acting a currency exchange) does this mean coinjar has an Australian Financial Services license and conversely is coinjar registered with AUSTRAC to ensure money laundering regulations are adhered to?
Stuart
And, we come back to this and link it with this: https://blog.coinjar.com/2014/09/30/how-the-new-ato-guidance-affects-coinjar-users/
I wonder what the ATO will think about prior GST collections.. Hopefully Coinjar will get an exception on past transactions.
Good luck cause Mr. ATO isn't someone you want to annoy.
Thanks,
Stuart
Anyone know/can explain how coinjar workout their buy price?
Its always been around the actual market price. But the market price for the last 24 hours has been $475-$478 or so and coinjar price has been $488-$490. Then they add their fee on top of that.
Seems like double dipping. Has there been an announced change in their pricing?
Thanks
Its always been around the actual market price. But the market price for the last 24 hours has been $475-$478 or so and coinjar price has been $488-$490. Then they add their fee on top of that.
Seems like double dipping. Has there been an announced change in their pricing?
Thanks
this is become a competitor of bitcoins
but you fix the system, until it's same as bitcoin system
thanks
but you fix the system, until it's same as bitcoin system
thanks
Don't take this the wrong way, but..... Can we get this in English please?
Is coinjar still operating?
Yes. I get regular emails and have used them many times.
Start off with a small purchase if you are tentative (if you are new they limit your buying ability and build it up over each subsequent trade in any case).
And always remember, any bitcoins that someone else holds the private key for aren't really your bitcoins.
Hi Bitcointalk,
I'm Ryan Zhou (aka zhoutong). I recently joined a Melbourne-based Bitcoin startup with two other co-founders Asher (Australian economist and business writer) and Jerrold (Enterprise software engineer with 10 years of experience). I think it's great to give bitcointalk forum members a quick update and overview about what we are doing and how we are improving the Bitcoin economy.
CoinJar: https://coinjar.io/
"CoinJar is a Melbourne-based startup bridging the divide between digital currency and the dollars in your wallet. Bitcoin was naturally the best place to start, being the world's leading digital currency. Founded in 2013, we quickly caught the eye of early start-up investor AngelCube who have generously provided us seed funding and mentorship."
Currently we offer three Bitcoin services:
CoinJar
CoinJar is a hosted Bitcoin wallet ("hosted" means "store just enough for transactional purposes and NEVER use it for savings") that integrates well with other parts of the platform. To be honest, there's nothing too much we can innovate on Bitcoin hosted wallets because they are so simple. However, we aim to deliver the best possible user experience. Aside from the web, we are also building an iPhone app for CoinJar wallet with great mobile experience (finally).
Please note that CoinJar wallet is a full-reserve platform with automated sweep to cold storage and we will never use customer funds for our business expenses. That said, be aware with any hosted wallet service. We recommend against our users to use CoinJar for Bitcoin savings. Always use cold storage!
CoinJar Checkout
CoinJar Checkout is the best Bitcoin merchant solution. We provide a PayPal-compatible API (in addition to our standard RESTful API) to help any online merchant to integrate. On top of that, industry-standard features: 1% fee, daily settlement in local currency (Australia only for now) and exchange rate guaranteed for 15 minutes.
CoinJar Filler
This is our killer app. Most other Australian Bitcoin buying sites charge excessive fees (usually 8-10%) and we really HATE to see that. A high fee will severely limit adoption and result in bad consumer confidence. Even though Australia has a well-developed financial system, when it comes to anything related retail foreign exchange services, it's a straight-up nightmare (even major banks in Australia all charge ridiculous ~4% spread each side for AUD/USD TT rate). As a full-service Bitcoin startup, we have sufficient liquidity available from our merchant solution and arrangements with institutional forex brokers (who give us wholesale rates), we want to pass on the savings to consumers by charging a just 2% flat fee.
Both Checkout and Filler are Australia-only for now, but we are definitely interested in expanding overseas. (Contact us at [email protected] if you're interested in partnerships. Please reference this post when you contact us.)
We also have a by-product:
Melbourne Bitcoin Euthusiasts meetup! (http://www.meetup.com/Melbourne-Bitcoin/)
I attended yesterday's first meet-up session with 17 other Bitcoiners. It was really a great event and CoinJar plans to do it approximately every two months. So please join the meetup group if you're located in Melbourne!
Let me know if you have any feedback with our service offerings. Feel free to comment in the forum post.
We are in the process of setting up a company bitcointalk account.
I'm Ryan Zhou (aka zhoutong). I recently joined a Melbourne-based Bitcoin startup with two other co-founders Asher (Australian economist and business writer) and Jerrold (Enterprise software engineer with 10 years of experience). I think it's great to give bitcointalk forum members a quick update and overview about what we are doing and how we are improving the Bitcoin economy.
CoinJar: https://coinjar.io/
"CoinJar is a Melbourne-based startup bridging the divide between digital currency and the dollars in your wallet. Bitcoin was naturally the best place to start, being the world's leading digital currency. Founded in 2013, we quickly caught the eye of early start-up investor AngelCube who have generously provided us seed funding and mentorship."
Currently we offer three Bitcoin services:
CoinJar
CoinJar is a hosted Bitcoin wallet ("hosted" means "store just enough for transactional purposes and NEVER use it for savings") that integrates well with other parts of the platform. To be honest, there's nothing too much we can innovate on Bitcoin hosted wallets because they are so simple. However, we aim to deliver the best possible user experience. Aside from the web, we are also building an iPhone app for CoinJar wallet with great mobile experience (finally).
Please note that CoinJar wallet is a full-reserve platform with automated sweep to cold storage and we will never use customer funds for our business expenses. That said, be aware with any hosted wallet service. We recommend against our users to use CoinJar for Bitcoin savings. Always use cold storage!
CoinJar Checkout
CoinJar Checkout is the best Bitcoin merchant solution. We provide a PayPal-compatible API (in addition to our standard RESTful API) to help any online merchant to integrate. On top of that, industry-standard features: 1% fee, daily settlement in local currency (Australia only for now) and exchange rate guaranteed for 15 minutes.
CoinJar Filler
This is our killer app. Most other Australian Bitcoin buying sites charge excessive fees (usually 8-10%) and we really HATE to see that. A high fee will severely limit adoption and result in bad consumer confidence. Even though Australia has a well-developed financial system, when it comes to anything related retail foreign exchange services, it's a straight-up nightmare (even major banks in Australia all charge ridiculous ~4% spread each side for AUD/USD TT rate). As a full-service Bitcoin startup, we have sufficient liquidity available from our merchant solution and arrangements with institutional forex brokers (who give us wholesale rates), we want to pass on the savings to consumers by charging a just 2% flat fee.
Both Checkout and Filler are Australia-only for now, but we are definitely interested in expanding overseas. (Contact us at [email protected] if you're interested in partnerships. Please reference this post when you contact us.)
We also have a by-product:
Melbourne Bitcoin Euthusiasts meetup! (http://www.meetup.com/Melbourne-Bitcoin/)
I attended yesterday's first meet-up session with 17 other Bitcoiners. It was really a great event and CoinJar plans to do it approximately every two months. So please join the meetup group if you're located in Melbourne!
Let me know if you have any feedback with our service offerings. Feel free to comment in the forum post.
We are in the process of setting up a company bitcointalk account.
this is become a competitor of bitcoins
but you fix the system, until it's same as bitcoin system
thanks
Is coinjar still operating?
Yes. I get regular emails and have used them many times.
Start off with a small purchase if you are tentative (if you are new they limit your buying ability and build it up over each subsequent trade in any case).
Is coinjar still operating?
I like CoinJar, however, their site doesn't tell me like Xapo would on how much my BTC are worth - either that or I am looking in the wrong place 
Zhou Tong？
CoinJar DNA
https://www.coinjar.com/dna
Quote
Become a part of CoinJar's evolution. Apply now and get early access to our new Swipe™ card and all new apps.
https://www.coinjar.com/dna
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