what do you mean by "no bots"
also, I visited Atomic-trade I liked what they had to say but they still left a lot to trust, I saw no insurance, no bond, no security deposit, no proof of solvency, no visible audit via block chain protocol, no photos with CV of the owners, directors, key employees, no community certification, no affidavit of proper business history (Mt Gox Pres was convicted of fraud prior to the purchase of Mt. Gox) ...
Please visit the company info page https://www.atomic-trade.com/about and look at the bottom of the page. Please also note that unlike gox we will NEVER operate on users funds so solvency is and will never be an issue. The site is still under construction (and probably always will be) however auditing and reporting pages will be created at some point so as not to be a gox. I'm not a PR guy so i hope that answers some questions people have.
P.S. Please also note that because we are completely solvent that even our trade fees go back to our users for FREE via our ATP program. https://www.atomic-trade.com/Rewards
Thanks for the reply, I looked at everything that was publicly available to see.
The site gives unsupported promises, what I suggested and what this thread is all about is a higher level of integrity, like promises that are supported by higher and better security.
It's your business, do as you wish however, all of today's industry norms are quickly becoming the way of the past, if you want to be ready for the fast approaching future I recommend heeding some of my suggestions.
Tell me exactly what you want to see and i will get on it because "unsupported promises" is kind of vague. Thank You
Sure,
1) if you claim to have 5 employees/partners, support that with photos and info on each (about us pg), this is old current standard, the new current standard would be to have an affidavit sworn or affirmed to by each indicating that they ... [are not a bad guy, or is a reformed bad guy, ...], pdf all of the already public info like lic, etc so that the community could better know you
2) you could provide insurance on the company, the insurance could be in different forms: general liability, officer E/O, employee bonding, etc whatever you deem to be fitting
3) community certification, start a poll thread (if not done already) that asks the community to rate you, provide the star rating on your site
4) used the blockchain to prove assets, solvency, a signed transaction, on a regular basis. ie: 50Kbtc represents daily avg 'atomic trade', 5000K btc represents 50% of assets on hand 'atomic trade'
5) provide for outside security audits quarterly, and whole system audits (financial, security, customer service, policy, procedures) annually
6) give customers the option to have signed transactions in which
With the above you can make tremendous claims and have a tremendous amount of supporting evidence to go with it. That level of accountability, transparency, security, and communications is worthy of community regard, and market share.
With that and many other things, you will LEAD the industry with higher quality standards.
Thank you those are great suggestions :-)
Here is a practical example of one of the applications, notice when it was done, it should have been reported upon completions, however notice that they choose to post it publicly after they acknowledged the MT Gox disaster.
https://www.bitstamp.net
6th March, 2014 Statement regarding recent third party audit report
Dear Bitstamp clients, On November 22nd and 23rd, 2013 an on site due diligence was carried out in respect of Bitstamp Ltd. on behalf of a 3rd party. Bitstamp’s balance of BTC was validated by temporarily creating the largest single Bitcoin wallet and in the process the largest Bitcoin transaction in history. The report identified that Bitstamp held 100% of validated BTC balance and USD funds. No material issues were raised as a consequence of the 3rd party’s investigations. Original statement Best regards, Bitstamp team
