eToro launches Bitcoin trade - page 2.

BruceWayne

newbie

Activity: 41

Merit: 0

Quote from: btcusury on January 13, 2014, 02:30:49 PM

Wow, Bitcoin EFT, just what we needed! In no time we'll have 2.1 billion BTC (100x) in IOU's like with the paper silver market.

Hi There

I'm Amos and i manage the trading department in eToro and part of the Colored Coins team.
As a bitcoin fans and big part of the bitcoin community our goal is to open Bitcoin to the mass.

You are basing your comment on facts that are not true. For each Bitcoin CFD that one is buying using eToro platform we buy one bitcoin in one of the exchanges.
There is not leverage and betting here.

So a simple guy who want to hold Bitcoin and gain from the price movement just like EUR/USD or AAPL stock can buy Bitcoins and hold them without worry about security or trying to understand how the wallet works.
It's the easiest way to approach the mass and give them the ability to enjoy the price movements under a regulated and safe environment ( FCA/CYSEC)

Amos

indy999

newbie

Activity: 6

Merit: 0

Cool

bitpop

legendary

Activity: 2912

Merit: 1060

Yeah people don't waste your time. If you want to bet, do it by having bitcoins in your hands.

qfdev

newbie

Activity: 24

Merit: 0

Had a very bad experience so far with ETORO.. Although admittedly in some part due to me diving in and not reading anything

I setup an account uploaded $50, attempted to buy some Bitcoin, at which point I realised that ETORO is essentially just a spread-betting CFD platform. I am now trying to withdraw the $50 and close my account but I can't until I've completed the ID verification and Money Laundering checks...This page constantly errors out and I'm stuck now speaking to some drone in their support center who keeps pointing me back to the withdraw funds guide!! Massive waste of time!

glub0x

legendary

Activity: 892

Merit: 1013

you can't withdraw Btc, but when i "bet" on btc, they have to buy some at some point right?
Otherwise if bitcoin shoot up and i clear my "investment" they will go bankrupt.

battlescars

member

Activity: 98

Merit: 10

Etoro is a great tool@ I really like how they launched the trade it makes trading much more easier for BTC,
well this is a good move im very happy , good luck making money people. hah:)

Thom

member

Activity: 112

Merit: 10

Be kind man, don't be mankind

Quote from: frga13 on January 15, 2014, 01:42:09 AM

Quote from: bitpop on January 15, 2014, 12:00:55 AM

Quote from: Thom on January 14, 2014, 08:39:01 PM

Wider adoption = good.

Investing in BTC's value @ etoro instead of investing in BTC = wtf.

Etoro is more like a casino

Most of the stock trades are like a casino Grin

Then I'll bet a dollar on the house turning a profit. Let it ride.

frga13

sr. member

Activity: 383

Merit: 250

Quote from: bitpop on January 15, 2014, 12:00:55 AM

Quote from: Thom on January 14, 2014, 08:39:01 PM

Wider adoption = good.

Investing in BTC's value @ etoro instead of investing in BTC = wtf.

Etoro is more like a casino

Most of the stock trades are like a casino Grin

bitpop

legendary

Activity: 2912

Merit: 1060

Quote from: Thom on January 14, 2014, 08:39:01 PM

Wider adoption = good.

Investing in BTC's value @ etoro instead of investing in BTC = wtf.

Etoro is more like a casino

Thom

member

Activity: 112

Merit: 10

Be kind man, don't be mankind

Wider adoption = good.

Investing in BTC's value @ etoro instead of investing in BTC = wtf.

Cryddit

legendary

Activity: 924

Merit: 1132

Quote from: keithers on January 14, 2014, 06:47:49 PM

hmmm..that sounds less than good. Did you end up buying any bitcoin through them?

I did not. I prefer to buy local, ie, in person, at a local cafe, over a cuppa coffee or something that we'll finish while we shoot the breeze and the tx matures. Much nicer than going through escrow and paying localbitcoins.com etc.

keithers

legendary

Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

Quote from: bitpop on January 14, 2014, 06:50:37 PM

Quote from: keithers on January 14, 2014, 06:47:49 PM

Quote from: Cryddit on January 13, 2014, 03:24:11 PM

Doesn't look neutered from here, and I'm in the US.

They're offering Paypal to bitcoin, but only buy/sell Bitcoin four times a day so they don't guarantee price.

Only stipulation I can see is that it has to be paypal backed up by a debit card rather than a credit card.

hmmm..that sounds less than good. Did you end up buying any bitcoin through them?

I don't think you can. You're just betting.

oh really? I didn't know that...I am really uneducated on the services etoro provides...I just browsed their website and it looks open to US citizens, but I didn't have time to really look around and read into what they are offering. I just saw from the front page the ability to work with gold, oil, bitcoin, etc...

bitpop

legendary

Activity: 2912

Merit: 1060

Quote from: keithers on January 14, 2014, 06:47:49 PM

Quote from: Cryddit on January 13, 2014, 03:24:11 PM

Doesn't look neutered from here, and I'm in the US.

They're offering Paypal to bitcoin, but only buy/sell Bitcoin four times a day so they don't guarantee price.

Only stipulation I can see is that it has to be paypal backed up by a debit card rather than a credit card.

hmmm..that sounds less than good. Did you end up buying any bitcoin through them?

I don't think you can. You're just betting.

keithers

legendary

Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

Quote from: Cryddit on January 13, 2014, 03:24:11 PM

Doesn't look neutered from here, and I'm in the US.

They're offering Paypal to bitcoin, but only buy/sell Bitcoin four times a day so they don't guarantee price.

Only stipulation I can see is that it has to be paypal backed up by a debit card rather than a credit card.

hmmm..that sounds less than good. Did you end up buying any bitcoin through them?

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

nice okay but "game-changing"? nooo

Cryddit

legendary

Activity: 924

Merit: 1132

Doesn't look neutered from here, and I'm in the US.

They're offering Paypal to bitcoin, but only buy/sell Bitcoin four times a day so they don't guarantee price.

Only stipulation I can see is that it has to be paypal backed up by a debit card rather than a credit card.

dewdeded

legendary

Activity: 1232

Merit: 1011

Monero Evangelist

- etoro sucks brutal.
- Worst customer support every.
- Execution time oft wrong, sometimes products/trades with value for customers disappear magically, products wrong described, they change rules as they want/like/need all the time (cant rely on it)
- Account verification needs like 4 weeks more.
- Withdrawing takes 6 and more weeks
(but cashin with any many payment methods only takes some seconds hahaahah)

Just Google:
"etoro scam", "etoro fraud", "etoro sucks" "etoro support" .....

Stay away from this bullshit site. This page is very bad. Worst then PayPal.

btcusury

sr. member

Activity: 433

Merit: 260

Wow, Bitcoin EFT, just what we needed! In no time we'll have 2.1 billion BTC (100x) in IOU's like with the paper silver market.

keithers

legendary

Activity: 1456

Merit: 1001

This is the land of wolves now & you're not a wolf

Wanted to check this out...is this confirmed as a no-go in the united states? Embarrassed

franky1

legendary

Activity: 4410

Merit: 4788

Quote from: Mowcore on January 13, 2014, 09:54:55 AM

It's like having your very own cake....... but not being able to eat it all.

its more like wanting to buy an ipad but being sold an apple mousepad, calling it a ipad.

Topic: eToro launches Bitcoin trade - page 2. (Read 6847 times)