Topic: [Funding closed, project proceeding as planned] (Read 6909 times)

http://www.reddit.com/r/BitcoinUK/comments/2f3fmj/a_week_ago_on_rbitcoin_we_hosted_an_ama_but/

Five Weeks(tm)

Three Weeks (tm)

Yep.  Two Weeks(tm).

^
As long as you're wearing a clean pair of socks and your hair is combed, I'm not worried.

Yes its all still happening, I had aimed for a launch today but not going to make that obviously.

Looks like clear scam.

Hey, is this still happening? I want to brag about owning some dunnecap one day.

Its something I will look into. It is planned down the line, but implementing XCP is not quite as simple as any other altcoin.

Are you taking XCP and MSC to exchange, better than dogejoke?


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Here you go MrWDunne, right up your alley--a turn-key white label exchange.  Exciting stuff!



http://vbbb.com/

As it may have been noticed, CoinFloor now has faster payments also. Everything goes on as planned.

Already sent in the application, although that is really being handled by CryptoCapital.

With the new Canadian laws (http://cointelegraph.com/news/111905/canada-signs-first-ever-official-law-regulating-bitcoin), will you be registering with FINTRAC?

We use XCP but that's for a different reason than BTC->fiat.

We are not directly competing with any 'big guys' as in the UK there aren't any big guys. You have local bitcoins, bittylicious or coin floor. CoinFloor is the only 'exchange' and that has ~25btc volume per day because they don't have UK banking and it is run by a notorious scammer (Nefario).

That being said, we will be competing with larger players in the USD/CAD/EUR space in particular. As for how to compete, we will just gain trust over time, and offer the best service possible.

I thought it was using a decentralized exchange like XCP because you were talking about XCP.

So why are you doing an exchange when you have no chance against big guys ?

I don't get it.

I'm a little confused at to what you mean? We are building an exchange, you deposit/withdraw via bank transfers.

Curious, with exception of Second Market, and possibly Circle (still arguable) who does have experience?

Managing an exchange in the fiat world is massively different to a bitcoin exchange, seems largely irrelevant.

I don't get it. Why building an exchange on an exchange ?

How do you redeem cash ?

Nice new site and design work put together. Looks like I will be keeping an eye on this one to see how things progress. I did see in OP that you are using GBP so am guessing you are using the UK for this site and location. If this is within the UK when do you expect to open website and trading for your exchange?