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Topic: INSURED BITCOIN BANK (IBB London Ltd) (Read 2021 times)

legendary
Activity: 1288
Merit: 1087
March 20, 2016, 08:14:40 PM
#28
It is really ridiculous! Bitcoin was created to be decentralized - that is, to get rid of the banks, and here someone tries to destroy it and probably through scam. Unbelievable!
Human fantasies have no limits!

Nah. I think there's a place for it. Alot of people aren't interested in being their own bank while still being interested in its other properties. These joints would have to work pretty hard to convince me but that's not how it is for many.
full member
Activity: 219
Merit: 100
CTO/Spokesman
February 19, 2016, 04:13:47 AM
#27
What is the use of a BTC bank, if you have your own wallet as your bank. Fail scam attempt.
yes bitcoin is popular because it doesn't have any centralized power and people feel secure to store bitcoins because no other can access it. So we don't need bitcoin bank like thing.

I need a bitcoin bank if I want to borrow bitcoin from it so that I can buy a house or spend a lot of money.
legendary
Activity: 1120
Merit: 1007
CryptoTalk.Org - Get Paid for every Post!
February 18, 2016, 11:21:01 AM
#26
What is the use of a BTC bank, if you have your own wallet as your bank. Fail scam attempt.
yes bitcoin is popular because it doesn't have any centralized power and people feel secure to store bitcoins because no other can access it. So we don't need bitcoin bank like thing.
full member
Activity: 238
Merit: 100
February 18, 2016, 10:45:46 AM
#25
What is the use of a BTC bank, if you have your own wallet as your bank. Fail scam attempt.

Hahaha. This is actually a good point! But if you think about it, banks have a way of profiting from the money you save in them in return of keeping your money safe for you.
sr. member
Activity: 1036
Merit: 253
February 18, 2016, 10:07:57 AM
#24
What is the use of a BTC bank, if you have your own wallet as your bank. Fail scam attempt.
legendary
Activity: 1400
Merit: 1001
February 18, 2016, 08:43:18 AM
#23
So have anyone actually used this service? Or know someone who did? Because if the only feature this service is offering is storing your bitcoin then it is quite pointless imo.
I think that everyone agree that it is safer to store bitcoin under your own roof than using 3rd party service just for that.
full member
Activity: 219
Merit: 100
CTO/Spokesman
February 18, 2016, 08:05:18 AM
#22
It is really ridiculous! Bitcoin was created to be decentralized - that is, to get rid of the banks, and here someone tries to destroy it and probably through scam. Unbelievable!
Human fantasies have no limits!

No true. Bitcoin is independent of banks. But banks can also use bitcoins. We have the option not to use banks.
legendary
Activity: 1323
Merit: 1000
February 14, 2016, 04:13:45 PM
#21
It is really ridiculous! Bitcoin was created to be decentralized - that is, to get rid of the banks, and here someone tries to destroy it and probably through scam. Unbelievable!
Human fantasies have no limits!
hero member
Activity: 1162
Merit: 547
CryptoTalk.Org - Get Paid for every Post!
February 14, 2016, 03:24:07 PM
#20
SCAM :

Chrome error:
Your connection is not private

Attackers might be trying to steal your information from insuredbankbitcoin.co.uk (for example, passwords, messages, or credit cards). NET::ERR_CERT_DATE_INVALID

Spelling Error of "Always" (spelt ALWAIS in second last line of quote)

Vires in numeris

Insured Bank of Bitcoin
THE BANK YOU HAVE ALWAIS WANTED
https://insuredbankbitcoin.co.uk/
full member
Activity: 219
Merit: 100
CTO/Spokesman
February 02, 2016, 03:03:51 PM
#19
Another scammer with broken english trying his luck into tricking the sheeps of bitcointalk  Cheesy

So all the scammers should be fluent in English? I think the site is a scam. They should publish their company number so we can check.

Not all, most of them. Those who are more fluent tend to go for bigger scams, like master-p.

I heard master-p returned some of the scammed bitcoins. I am sure why he would do that. He had good reputation before.
hero member
Activity: 602
Merit: 501
January 30, 2016, 09:03:31 PM
#18
Another scammer with broken english trying his luck into tricking the sheeps of bitcointalk  Cheesy

So all the scammers should be fluent in English? I think the site is a scam. They should publish their company number so we can check.

Not all, most of them. Those who are more fluent tend to go for bigger scams, like master-p.
full member
Activity: 219
Merit: 100
CTO/Spokesman
January 30, 2016, 03:21:45 PM
#17
Another scammer with broken english trying his luck into tricking the sheeps of bitcointalk  Cheesy

So all the scammers should be fluent in English? I think the site is a scam. They should publish their company number so we can check.
hero member
Activity: 602
Merit: 501
January 28, 2016, 01:45:54 AM
#16
Another scammer with broken english trying his luck into tricking the sheeps of bitcointalk  Cheesy
sr. member
Activity: 364
Merit: 250
January 27, 2016, 04:04:47 PM
#15
"Date Registered:   January 18, 2016, 06:56:18 PM"

So you never registered on the most important bitcoin forum in the world until 4 days before release? No pre-release, press release or anything? Right... let's all invest our coins  Roll Eyes
full member
Activity: 219
Merit: 100
CTO/Spokesman
January 27, 2016, 03:47:57 PM
#14
So all red flags here !
Thanks god i thought someone really tried to make btc bank!
We don't need a banks any more! Cool

There is no bitcoin bank so far. If the HSBC offers a banking service for the bitcoin. I might use it.
hero member
Activity: 560
Merit: 500
January 26, 2016, 03:13:10 PM
#13
So all red flags here !
Thanks god i thought someone really tried to make btc bank!
We don't need a banks any more! Cool
legendary
Activity: 2912
Merit: 1852
January 25, 2016, 09:09:10 PM
#12
...

Be your own bank.  Hold your BTC in a web wallet (like from blockchain.info) if the amount is small (say, BTC1.00 for example), and if you hold more, than opt for a hardware wallet like the Trezor or the Ledger Nano (more hardware wallets have come out, and still more are coming).

Just hide the hardware well, remember the PIN(s), and you will find that pretty safe.  You can always buy more than one hardware wallet (and hide in different places) too for extra security.
legendary
Activity: 1512
Merit: 1009
January 25, 2016, 05:29:58 PM
#11
 1.  SECURITY:
 a.  IRONCLAD wallet developed and tested by our technicians, removing any possibility of hacking or theft

Impossible. Sorry.

combining the characteristics of a cold wallet with the agility of a hot wallet. This is possible, because our system is designed to access our servers offline in real time.

How does one access a "server offline in real time"?

These wallets require the multiple signature public key provided by the client to function. IBB London doesn't have all the private keys from these wallets. When a Bitcoin transaction is received in an IRONCLAD, IBB London sends the Bitcoin transaction (RAW TX) to the customer signed by all private keys in the Bank’s possession, so that the client if he chooses, only has to sign with his private key whenever and wherever he wants to and can transfer his Bitcoins to the Bitcoin recovery address that he has provided. In this way, and in all cases, the customer has control of his Bitcoin even if IBB London bank is not operating.

Why would one use your bank then, and not simply set this up himself?

We currently have tools that allow us to setup multisig addresses in secure offline environments and spread the keys physically through several locations. That's basically what you're offering.

 d.  All details of the wallets are stored in servers offline without connection to the internet or to the local network.
 e.  All data or a personal nature relating to our clients, are stored on other highly secure servers offline, to protect them from identity theft, leaks, etc.

Why should we trust you?



To summarize, you seem to be offering a Bitcoin bank service (which in itself defeats the purpose of Bitcoin) using a system that can be setup with zero cost by the user itself without the aid of a third party and you're saying that you're invulnerable to theft/hacking (!!!).

Similiar services exist and the convenience (or apparent convenience) that they provide isn't of use to a user that uses Bitcoin like it was made to be used.
legendary
Activity: 3388
Merit: 6887
Top Crypto Casino
January 25, 2016, 05:15:37 PM
#10
Hi all!

It has expired SSL EV and not received the email renewal. We have disabled the registration form until we have the EV SSL again operational.
Do not send personal or for accessing web pages without SSL data!!!

Please let us know! When we have the operating EV SSL, we open it.
Hi OP!!  You wasted all that time making up your shitty sales pitch!!  And you're going to get no suckers taking the bait on this forum!

Judging by the (scam ANN)/(scam accusation) ratio, there luckily aren't too many folks on this forum who fall for this sort of bullshit--or at least they're not complaining about it after they do.  OP fuck off.
legendary
Activity: 1288
Merit: 1087
January 25, 2016, 04:18:19 PM
#9
What you gonna do to prove to us that you're in any way legit? Where's your certification from the UK government?
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