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Topic: CoinJar - Australia's first VC-backed Bitcoin startup - page 8. (Read 39150 times)

b!z
legendary
Activity: 1582
Merit: 1010
Zhou tong is back? This will be interesting.  Roll Eyes
newbie
Activity: 50
Merit: 0
None of the other bitcoin sellers in Australia demand any personal info...
None of the other sellers only charge you a 2% fee either.
newbie
Activity: 28
Merit: 0
You guys claim to be instant, but I have been told by friends that have tried to use this service, that it is not instant. 

One of my friends deposited money on a Friday and could not get bitcoins from you guys until Monday!!  (you guys really should not be claiming instant bitcoins - It's false advertising)


I also really don't like the fact that we have to put so much personal information into your website before being able to buy coins, that is why people hate using Mt Gox.

None of the other bitcoin sellers in Australia demand any personal info...
legendary
Activity: 1173
Merit: 1000
Yep, all good. Easy and smooth. If this was one of my eBay transactions, it'd be positive A+++.
 Cheesy
hero member
Activity: 812
Merit: 1000
Well it looked good enough for me to send them my cash. Definitely needed in oz.

Any updates? It'll be great if it does work, I'll be sure to use them soon.
legendary
Activity: 1173
Merit: 1000
Well it looked good enough for me to send them my cash. Definitely needed in oz.
vip
Activity: 1316
Merit: 1043
👻
goose20: This is definitely legit.
legendary
Activity: 1173
Merit: 1000
I have transferred my $$'s. Fingers crossed it all goes smoothly. Am tired of getting paypal scammed.

Will let everyone know over next couple of days how it goes Smiley
vip
Activity: 490
Merit: 502
Are you accepting customers as of now? I am really tempted to buy a couple BTC from you Tongue

Yes. Definitely.
legendary
Activity: 2128
Merit: 1002
Nice to see you back and best wishes on the new venture.  You coined the word "zhoutonged" Smiley

zhoutonged- no wonder his name was familiar.
I thought he was still in Singapore.
hero member
Activity: 812
Merit: 1000
Are you accepting customers as of now? I am really tempted to buy a couple BTC from you Tongue
vip
Activity: 490
Merit: 502
Very interested in the Checkout feature and paypal compatible API, but why does that need to be restricted to Australia only.

I work with several online merchants that would add bitcoin as a method of payment to their sites if there was an easy way to integrate with what they are already using and this sounds like it might make that possible.

We didn't restrict to Australia only. Our system supports over 10 different currencies and everything was designed to be global. However, we can only do daily settlement to Australian bank accounts at the moment as we don't have bank accounts elsewhere. International wire transfer will cost $20-$25 per transaction for us. We are happy to take any international client onboard if he is willing accept the wire fees.

EDIT: We will definitely expand into more countries in the future. At this moment we can't overcome the geographical and legal limitation to support international clients globally. We're also interested in partnerships (Email us).
sr. member
Activity: 298
Merit: 250
Play2Live pre-sale starts on January 25th
Very interested in the Checkout feature and paypal compatible API, but why does that need to be restricted to Australia only.

I work with several online merchants that would add bitcoin as a method of payment to their sites if there was an easy way to integrate with what they are already using and this sounds like it might make that possible.
sr. member
Activity: 260
Merit: 250
Please make sure the code is well designed this time around. I ended up looking through the bitcoinica code for a client couple months ago. Let's just say, the software engineering was a little inadequate for a site grossing $1m. In any case, good luck!
vip
Activity: 490
Merit: 502
Hi Zhou, just signed up, was wondering if you were going to implement a 'buy order' feature, where the order is automatically executed when the price falls to a preset price?

That's a good idea. I will tell my team about this.

In the future, feel free to contact us at [email protected]. Thanks!
newbie
Activity: 9
Merit: 0
Hi Zhou, just signed up, was wondering if you were going to implement a 'buy order' feature, where the order is automatically executed when the price falls to a preset price?
vip
Activity: 490
Merit: 502
I just signed up, the site looks very nice!
One question - is there plans to implement some form of 2 factor authentication like Google Authenticator?

Also I just arrived in Melbourne today and - it seems - JUST missed the bitcoin meetup Sad

Thanks!

2-factor is in our planned feature list. We spent a lot of time on the infrastructure itself, but features like this are easy to add. If you have more ideas after trying out our services, please give us feedback at [email protected].

If you haven't, you can join the meetup group to subscribe to our updates.
full member
Activity: 196
Merit: 100
I just signed up, the site looks very nice!
One question - is there plans to implement some form of 2 factor authentication like Google Authenticator?

Also I just arrived in Melbourne today and - it seems - JUST missed the bitcoin meetup Sad
vip
Activity: 490
Merit: 502
What if you get a court order to freeze/seize someone's account? That's simply not possible with Blockchain.info-styled wallets. With growing crackdown on "money laundering" and how the blockchain is 100% public, imagine some rubber stamped warrants for Bitcoins with known silk road taint Sad

Anyways, you guys have made the decision to go with a shared wallet. Best of luck, I'm just expressing the concerns and problems with shared wallets in general.

This is a valid concern. I like your reasoning and feedback. Even though we have made the decision for our version 1, we are still innovating every single day! (That's how VC-backed startup should work right?)

If you come to Melbourne sometime, feel free to come to our office to say hello. We are currently working in Inspire9 (http://inspire9.com).

EDIT: We don't charge any fees for CoinJar wallet service. We absorb all Bitcoin transaction fees. Our business mode is to make money from Filler and Checkout services.
vip
Activity: 490
Merit: 502
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