Author

Topic: Kraken warning (Read 1688 times)

legendary
Activity: 1450
Merit: 1013
Cryptanalyst castrated by his government, 1952
May 12, 2013, 03:46:39 PM
#10
There is a warning for the exchange kraken.com which is currently in beta stage.
It is also very strange that they support Ripple which has also scam warnings.
http://www.reddit.com/r/Bitcoin/comments/1e5gt5/a_warning_about_krakencom/

Did you even bother to read the comments?

Quote
Today Payward is a software company. The public has been invited to test Payward's exchange software at beta.kraken.com. More about the company's employees, legal structure and position will be revealed if and when we ask you to trust us, which is not now. Chill out.

I read the comments. Mixed bag, as usual.

For example: "Naming your company after a well known scam that happened in bitcoinland is probably the first red flag."

The server for beta.kraken.com is in Costa Rica and the server for the signup page is in "Europe" (big place) - that can make one paranoid or wildly enthusiastic, depending on one's worldview.    Smiley

Watch and wait, I guess. I'm rooting for them (so far).
full member
Activity: 188
Merit: 102
May 12, 2013, 03:11:31 PM
#9
There is a warning for the exchange kraken.com which is currently in beta stage.
It is also very strange that they support Ripple which has also scam warnings.
http://www.reddit.com/r/Bitcoin/comments/1e5gt5/a_warning_about_krakencom/
Also, ripple is not a scam, despite what you may have read. 
hero member
Activity: 680
Merit: 500
May 12, 2013, 03:07:40 PM
#8
You really need to read their FAQ to understand what they're about and what the implications for Bitcoin are, they have a clear mission.
hero member
Activity: 662
Merit: 545
May 12, 2013, 02:23:42 PM
#7
There is a warning for the exchange kraken.com which is currently in beta stage.
It is also very strange that they support Ripple which has also scam warnings.
http://www.reddit.com/r/Bitcoin/comments/1e5gt5/a_warning_about_krakencom/

Did you even bother to read the comments?

Quote
Today Payward is a software company. The public has been invited to test Payward's exchange software at beta.kraken.com. More about the company's employees, legal structure and position will be revealed if and when we ask you to trust us, which is not now. Chill out.
legendary
Activity: 1064
Merit: 1001
May 12, 2013, 02:11:27 PM
#6
Kraken looks FUCKING AWESOME. Any good competitors to MtGox are more than welcome.
hero member
Activity: 546
Merit: 500
May 12, 2013, 12:55:18 PM
#5
There is a warning for the exchange kraken.com which is currently in beta stage.
It is also very strange that they support Ripple which has also scam warnings.
http://www.reddit.com/r/Bitcoin/comments/1e5gt5/a_warning_about_krakencom/

Ripple has a lot of practical uses for actual commerce that can cover for bitcoin's shortcomings.
hero member
Activity: 726
Merit: 500
May 12, 2013, 12:36:28 PM
#4
Love the FAQ.
legendary
Activity: 1008
Merit: 1023
Democracy is the original 51% attack
May 12, 2013, 12:30:25 PM
#3
I too can vouch for Kraken's owner, Jesse. I'm very excited to see this exchange go live!
vip
Activity: 1052
Merit: 1155
May 12, 2013, 12:19:05 PM
#2
I've known the creator of Kraken for over 15 years.
He certainly isn't out to scam anyone.

That doesn't mean that his service will be the best,  or imune from hackers or government regulators.
As always,  caveat emptor.


hero member
Activity: 504
Merit: 500
May 12, 2013, 04:45:53 AM
#1
There is a warning for the exchange kraken.com which is currently in beta stage.
It is also very strange that they support Ripple which has also scam warnings.
http://www.reddit.com/r/Bitcoin/comments/1e5gt5/a_warning_about_krakencom/
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