Topic: INSURED BITCOIN BANK (IBB London Ltd) (Read 2051 times)

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.

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.

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.

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.

What is the use of a BTC bank, if you have your own wallet as your bank. Fail scam attempt.

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.

No true. Bitcoin is independent of banks. But banks can also use bitcoins. We have the option not to use banks.

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!

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)

I heard master-p returned some of the scammed bitcoins. I am sure why he would do that. He had good reputation before.

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

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.

Another scammer with broken english trying his luck into tricking the sheeps of bitcointalk 

"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 

There is no bitcoin bank so far. If the HSBC offers a banking service for the bitcoin. I might use it.

So all red flags here !
Thanks god i thought someone really tried to make btc bank!
We don't need a banks any more!

...

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.

Impossible. Sorry.


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


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.

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.

What you gonna do to prove to us that you're in any way legit? Where's your certification from the UK government?

Obvious scam is obvious.  People, stop falling for this crap, you're only going to lose your money.

I followed the link to see if it was an scam or not. First thing, i didn't see the page, first i saw its an alert from google, saying that the web could be stolen passwords and private date isn't secure, and the SSL certificate isn't valid. I will not try to enter, i don't want to be stolen.

No offense but I wouldn't trust them with anything. For starters the name of the thread already has spelling issues, then when opening the website, it doesn't have https so information's provided by users there won't be safe at all and the one thing here is you posted the link with https on it even though it doesn't have in the real one. Another thing is the SSL certificate has been expired since two days ago. and lastly as claim Londan Bank, the servers seem to be from France instead.

Professional spelling, professional management.
Any proof, any solutions, anything?

Fail scam business.

why it is scam?

S C A M

Insured Bank of Bitcoin
THE BANK YOU HAVE ALWAIS WANTED
Is there any proof that this website is legit? certificate of incorporations, regulated body etc.
CAUTION

Presentation:

We are presenting to the Bitcoin Community our company dedicated to Bitcoin banking services.
Since 2012, our company has developed and created the most comprehensive Bitcoin banking system designed to use the natural Bitcoin model, with the following characteristics of total safety and versatility:

1.  SECURITY:
 a.  IRONCLAD wallet developed and tested by our technicians, removing any possibility of hacking or theft and 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. 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.  We have made this design for the total safety of our customers and structured it so that not even we can access the Bitcoin and so that only the client with his private key, which only he is in possession of, is sole holder of his bitcoin. The customer will always have the RAW TX with the outstanding balance of his Bitcoins so that at all times he can recover his Bitcoins.
 b.  Light Wallets, also developed by our technicians, possess the same characteristics as the IRONCLAD except that private keys and the management of Bitcoins is handled from IBB London, for which reason we call them “light” because they are for small Bitcoin amounts and for making payments.  The transactions of these wallets are multiple signature and are generated from different servers for added security.
 c.  SLA: We require that our technicians and suppliers operate according to the most rigorous SLA in the market, which in our case requires reestablishment of service within 15 minutes. To achieve this we depend on different monitoring, tracking and alarm solutions that operate 24 hours a day.
 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.
 

2.  PRODUCTS AND SERVICES:
 a.  Safe, free Bitcoin custody.
 b.  Prepaid VISA card rechargeable with money or bitcoin, always paying in the currency badge of the business in which the payment is made.
 c.  Purchase and sale of Bitcoin.
  
Overview of IRONCLAD:
 1.  High security, anti-hacker technology.
 2.  Management of cold Bitcoins in real-time.
 3.  Shared custody of private Bitcoin keys.
 4.  Delivery of recovery RAW TX with the total Bitcoin balance.
 
In DEVELOPMENT:
Soon, we will be offering retailers the possibility of accepting Bitcoin as payment and receiving money in real time without risk of the Bitcoin price fluctuation.

Before we undertake the public launch, we'd like to present this to the members of this forum to invite you give us your impressions and suggestions.
https://insuredbitcoinbank.co.uk/