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Topic: Flexcoin is now owned by James Gray (Read 9976 times)

newbie
Activity: 12
Merit: 22
February 05, 2023, 12:52:18 PM
#57
Are you mark logan or james gray? Grin

As you'll soon see, at one time it was both: https://bitcointalksearch.org/topic/m.1094214

I found this thread due to my investigation on Bitcoinica, for his name/company get coming up along with bitcoinplus, of which I've yet to dwell into.

~Bruno Alpaca Duck~ (See what I did there?) (Bruno is my real name, Alpaca is my Christian name, and Duck is my surname.)

PS: Tomorrow I get my degree, so then it will become Dr. Bruno Alpaca Duck PhD.

Let me make this really simple for you. My real name is "James Gray", I've been using the handle "Mark Logan" since ~1996 (I'm not %100 sure). At the time, we had just gotten the internet in Yellowknife and I used the name "Mark Logan" to setup my hotmail account.

Hi James,

Could you please advise if you are still the owner of flexcoin? If so, is there any cold storage wallets that remain unclaimed? I’m trying to track down an old wallet of mine with unspent BTC and flexcoin is one of the username/passwords on my list from 2011.

Thank you. 
sr. member
Activity: 357
Merit: 250
March 04, 2014, 05:07:15 PM
#56
Some interesting words + connections in this thread, looking back then... and in relation to events now...


hmm
sr. member
Activity: 341
Merit: 250
March 04, 2014, 09:44:12 AM
#55
So whats the deal with flexion now. Is it dead?

Yes.  Yes it is.
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
May 22, 2013, 12:58:58 PM
#54
Says Matt Wright, Who has has "untrustworthy"  under his name. 

I'm on a forum where you can pay to change the tag of anyone else for shits and giggles. It doesn't bother me in the slightest that Theymos' personal opinion is displayed on my account.
sr. member
Activity: 448
Merit: 251
Bitcoin
May 22, 2013, 12:48:03 PM
#53
My point is, they're trying to make up imaginary problems that don't exist to get you to use them.

Indeed, it seems it's muchly a bundle of solutions in search of some problems.

Has the wording changed since "The Founder" sold it? His name alone should clue you in to his ambiguous, exaggerating and sometimes scammy tone if you hadn't already read his posts. I wouldn't be surprised if that was all still there from when he wrote it.

Says Matt Wright, Who has has "untrustworthy"  under his name. 

 I have no idea what's going on at Flexcoin.   I've had zero contact with them since the site was sold.


hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
May 22, 2013, 09:34:34 AM
#52
My point is, they're trying to make up imaginary problems that don't exist to get you to use them.

Indeed, it seems it's muchly a bundle of solutions in search of some problems.

Has the wording changed since "The Founder" sold it? His name alone should clue you in to his ambiguous, exaggerating and sometimes scammy tone if you hadn't already read his posts. I wouldn't be surprised if that was all still there from when he wrote it.
hero member
Activity: 756
Merit: 522
May 22, 2013, 09:32:16 AM
#51
My point is, they're trying to make up imaginary problems that don't exist to get you to use them.

Indeed, it seems it's muchly a bundle of solutions in search of some problems.
sr. member
Activity: 322
Merit: 250
May 22, 2013, 08:29:27 AM
#50
I don't like that this site is making false claims.

Quote
When someone sends you a bitcoin, it is only accessible from the device you initially receive it on. You cannot easily access the funds from your mobile device (or from any other device for that matter). Generally speaking, you must access the bitcoins from the machine they were initially sent to / received on.

This is a lie, you can easily use a mobile wallet. You can access blockchain.info through their web browser as well as their mobile app, and many other android apps as well.

Quote
All flexcoin accounts are given a user generated flexcoin ID.  This means thatany merchant that wants to accept bitcoins can now post on their site or storefront that their flexcoin ID is coffeeshop, and they will be able to accept bitcoins for free using this flexcoin ID.  This is obviously a much easier method than having a customer send coins to bitcoin address 1555hjPG7pRwTHVMfukPvjXexQMHFE3qu6 , or having to scan a QR code.

While this is semi true, I could still scan a qr code faster than I could type in "coffee shop". Also, if you're going for memorization, firstbits solves that problem.

Quote
Since the 1990s, people have wanted to allow for micro-payments.  However, with the credit card companies always charging a fee, it was impossible to charge 10 cents to read an article without incurring a loss.  That 10 cent transaction would end up costing twice or three times as much after the credit card processing company took their cut.  Flexcoin fixes that problem by allowing any amount to be transferred from flexcoin ID to flexcoin ID for free.

Please tell me why you can't already do this with bitcoin.

Quote
Bitcoins do not allow for charge backs, period.  However, in the future, flexcoins will allow for a limited charge back period.

Isn't this the reason why so many bitcoin users hate Paypal and use bitcoin?

Quote
As of October 17th, 2011 anyone can send bitcoins to someone via e-mail.   The person receiving the bitcoins does not have to download the bitcoin client to access their bitcoins.   This allows for novices to use bitcoins.

You can use coinapult.com , mailacoin.com , any other service like that.

My point is, they're trying to make up imaginary problems that don't exist to get you to use them. I personally feel more secure when I'm not trusting my bitcoins to some other entity other than myself.
sr. member
Activity: 787
Merit: 250
★Bitvest.io★ Play Plinko or Invest!
May 21, 2013, 02:32:17 AM
#49
So whats the deal with flexion now. Is it dead?
member
Activity: 60
Merit: 10
August 12, 2012, 03:26:26 PM
#48
I've never used that, or any other Texas address. I've never even been to Texas.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
August 12, 2012, 11:26:06 AM
#47
Are you mark logan or james gray? Grin

As you'll soon see, at one time it was both: https://bitcointalksearch.org/topic/m.1094214

I found this thread due to my investigation on Bitcoinica, for his name/company get coming up along with bitcoinplus, of which I've yet to dwell into.

~Bruno Alpaca Duck~ (See what I did there?) (Bruno is my real name, Alpaca is my Christian name, and Duck is my surname.)

PS: Tomorrow I get my degree, so then it will become Dr. Bruno Alpaca Duck PhD.

Let me make this really simple for you. My real name is "James Gray", I've been using the handle "Mark Logan" since ~1996 (I'm not %100 sure). At the time, we had just gotten the internet in Yellowknife and I used the name "Mark Logan" to setup my hotmail account.

Therefore no Texas connection? Would you be so kind as to state that fact on this forum that you've never used that Texas address?

~Bruno~
member
Activity: 60
Merit: 10
August 12, 2012, 02:52:29 AM
#46
Are you mark logan or james gray? Grin

As you'll soon see, at one time it was both: https://bitcointalksearch.org/topic/m.1094214

I found this thread due to my investigation on Bitcoinica, for his name/company get coming up along with bitcoinplus, of which I've yet to dwell into.

~Bruno Alpaca Duck~ (See what I did there?) (Bruno is my real name, Alpaca is my Christian name, and Duck is my surname.)

PS: Tomorrow I get my degree, so then it will become Dr. Bruno Alpaca Duck PhD.

Let me make this really simple for you. My real name is "James Gray", I've been using the handle "Mark Logan" since ~1996 (I'm not %100 sure). At the time, we had just gotten the internet in Yellowknife and I used the name "Mark Logan" to setup my hotmail account.
hero member
Activity: 686
Merit: 500
Wat
August 12, 2012, 01:58:24 AM
#45
Are you mark logan or james gray? Grin

As you'll soon see, at one time it was both: https://bitcointalksearch.org/topic/m.1094214

I found this thread due to my investigation on Bitcoinica, for his name/company get coming up along with bitcoinplus, of which I've yet to dwell into.

~Bruno Alpaca Duck~ (See what I did there?) (Bruno is my real name, Alpaca is my Christian name, and Duck is my surname.)

PS: Tomorrow I get my degree, so then it will become Dr. Bruno Alpaca Duck PhD.

In what respect did his name keep coming up ?

Im also glad I dont have any coins at flexcoin considering the track record of bitcoin companies that get bought out.
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
August 12, 2012, 01:41:23 AM
#44
Are you mark logan or james gray? Grin

As you'll soon see, at one time it was both: https://bitcointalksearch.org/topic/m.1094214

I found this thread due to my investigation on Bitcoinica, for his name/company get coming up along with bitcoinplus, of which I've yet to dwell into.

~Bruno Alpaca Duck~ (See what I did there?) (Bruno is my real name, Alpaca is my Christian name, and Duck is my surname.)

PS: Tomorrow I get my degree, so then it will become Dr. Bruno Alpaca Duck PhD.
hero member
Activity: 642
Merit: 500
May 11, 2012, 02:15:17 PM
#43
Any chance the site could show the fees when transferring out, instead of just saying "You don't have enough bitcoins"?
member
Activity: 60
Merit: 10
March 19, 2012, 01:06:53 PM
#42
Sorry, I have not been monitoring this thread as closely as I should have been. So I missed that last post.

Transferring of the actual server should be done by tomorrow. "The Founder" and I have been dealing with the hand-over of the hosting/server/cold-storage etc for the last little while, and suffice it to say, it's not going as smooth as either one of us would like. These things take time, and I would like to apologize to all who are waiting for this to be finalized and for whatever inconvenience it may be imposing.

I have yet to be handed the keys to any social media accounts, and thus cannot push out any messages telling of the coming change-over. Additionally I have yet to be given any emails/email-lists to contact people about the pending changes. I do realize that it says the quoted line in the privacy policy, and as "Yooter Marketing" was/is responsible for that privacy policy they should be held responsible (asked nicely) to send out an email to all people subscribed to the Flexcoin service, advising them of the change-over.

I realize this response will most likely not satisfy your concerns. However, I would like you to know that I do take this seriously, and as such will be looking into it right away and encouraging the good people at "Yooter Marketing" to take the proper steps to avoid violation of their own privacy policy.

Thank you.

legendary
Activity: 873
Merit: 1000
March 16, 2012, 03:15:45 PM
#41
you should display a notice on your website and e-mail your customers in the very least to announce this before any transfer of ownership is made.

when is the actual transfer of control going to occur?  were customers sent an e-mail?

i see there is mention on the site now: http://www.flexcoin.com



subtle, but still present i guess.

there's nothing on the @flexcoin twitter account yet regarding this: http://twitter.com/flexcoin

[update: from the privacy policy:]

Quote
Privacy Policy:
Flexcoin, LLC will not sell your e-mail address or any other personally identifiable information you might provide to us.  
hero member
Activity: 642
Merit: 500
March 15, 2012, 01:10:01 AM
#40
I like the idea of flexcoin, especially for enabling fast microtransactions, and quick transfers person to person needing but web access.
A merchant API would be nice though.

Flexcoin id: moneyisdebt
hero member
Activity: 756
Merit: 522
March 14, 2012, 03:13:47 PM
#39
So good luck with it.
legendary
Activity: 1050
Merit: 1002
March 14, 2012, 12:34:08 PM
#38
If it's a cold be sure to drink/eat an orange for 100% vitamin C.

I did, and I still feel like death. But thank you for the suggestion.

Keep drinking OJ, and give it 24 hours. One dose should be enough but it only helps to have more. Vitamin C will kick your body's natural defense into gear. Keep insulated and you should move to the recovery part of the cold cycle quickly.

Quote
No, Flexcoin says clearly in their terms they are not responsible for covering lost coins. James Gray has said he sees no reason to change the terms for now.

I would like to see a bitcoin bank provide some level of insurance against loss (a bitcoin version of FDIC), even if they have to charge for it. However, I don't see this as imperative. Flexcoin, as the first bitcoin bank, doesn't cover loss and that's fine because they are clear about it. Their customers can make their own decisions about the risk of banking with them, trusting essentially they will do everything they can to protect deposits. For many users in exchange for convenience (and along with reputation) this will be enough.

We won't be changing the terms and conditions for at least a while. But I do want to say that we are looking into options for insuring deposits. This is a complicated thing of course, but one up for discussion in the long term, as I too think that we should be able to find a way to provide insurance on deposits. But I worry that the bitcoin community may not be ready for monthly banking fees.

The bitcoin community currently consists mostly of technocrats. These are not your primary customers and will mostly look after their own coin management. Your customers (fortunately for you) are the majority of the populace, and begin to frown at anything with more than one or two big shiny red buttons.

Bitcoins are highly complex to understand and manage successfully. Absent severe market pressures most wouldn't even attempt using them in raw form. This means services are badly needed to make bitcoins more user friendly. Currently there are no market pressures, and the people who hold bitcoins do so for investment/speculation primarily. Taking the management/security responsibility off these users for no fees is quite a favor.

As market forces do develop average users will definitely need/seek banking services, and even be inclined to pay for it. The business model of no account fees employed by Flexcoin is good in a promotional sense, and naturally supports bitcoin adoption but I wouldn't be too shy about fees especially as things develop.
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