Roger Ver: Starting His Own Crypto Exchange? - page 2.

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Quote from: JollyGood on September 14, 2019, 05:24:21 AM

It goes without doubt that most users are not aware of the political background of Bitcoin so you are correct there but they need to be very careful of sending their KYC to any exchange. Research and due dilligence are essential.

Do you think newbies would be happy sending their ID to Ver and his BCH exchange? Maybe... but will people who know the background be equally happy to send their ID or use that exchange - probably unanimously "no"

Well, obviously no one is happy when it comes to sending ID and whatnot to an exchange (or pretty much any other service or entity), but people's priority is to trade and profit. If the goal is to get rich, which applies to a lot of people in this space, then they take it for granted and just please themselves with the thought that it will be worth it.

As for the more adapted Bitcoiners, most of them will not send their ID to Roger Ver & Co. Some will probably be using that exchange KYC free until that perk is no longer available to them. I just can't see myself do that.

I think the biggest boost of users will come from their CMC listing. It's going to be interesting to see if they will participate in the wash trading war to make it into the top 10 of highest volume exchanges.

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Quote from: 1Referee on September 12, 2019, 05:20:49 AM

Quote from: JollyGood on September 10, 2019, 02:02:56 PM

Think about it, who would be happy to give their KYC to Ver and his team?

Most people don't know better because the ordinary user isn't familiar with his anti Bitcoin politics. If people are so easy with giving their personal documents to a scam ICO (of which they mostly already know that it is a scam) that is asking for KYC verification, then they surely will with an exchange that seems rather normal.

Quote from: JollyGood on September 10, 2019, 02:02:56 PM

It would probably be wise to use an exchange that is trustworthy and has a great reputation rather than a "new" exchange or one that is associated with people that the Bitcoin community are not exactly happy with.

Definitely so. Plenty of exchanges to use. And it's not just because the Bitcoin community isn't happy with the people behind that exchange, but there actually is clear evidence that they are trying to not only mislead people, but also scam them.

It goes without doubt that most users are not aware of the political background of Bitcoin so you are correct there but they need to be very careful of sending their KYC to any exchange. Research and due dilligence are essential.

Do you think newbies would be happy sending their ID to Ver and his BCH exchange? Maybe... but will people who know the background be equally happy to send their ID or use that exchange - probably unanimously "no"

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Quote from: gentlemand on September 12, 2019, 07:02:28 AM

Binance are covering their arse. They've always not given a shit about regulation but it's finally dawned on them that dicking with the US is not sensible. Their non KYC up to certain amounts isn't a good look. Though in many parts of the world regulars don't care enough, they will in America.

they already knew that from the start. it was a brilliant plan to grab market share: launch during the bubble right after bittrex added mandatory KYC, let people trade without KYC for 2 years and benefit from all that USA liquidity leaving bittrex/poloniex, then go "legit" after attaining dominant market share. the fact that bitfinex is still standing tells me they'll get away with it.

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Quote from: LeGaulois on September 11, 2019, 06:12:47 PM

If there is money to be made, believe me, many people are willing to go to an exchange platform with their eyes closed, especially those from Tier 2-3 countries and/or those who don't care about giving their identity for a few bucks. They feel safe in a way by thinking that'it's something serious bla bla bla, you know.

Roger Ver is like cancer, unfortunately, nothing can be done and the domain name is his fatal weapon and he will never let it go. The saddest part is when his site is used to make Btrash look like the real Bitcoin. Its "educational" videos (or rather "introduction") on the website is misleading people at a point that any newbie grabs the story.

I have to agree with you when you say that Ver did try and still does use the bitcoin.com domain to try to make his BCH look like Bitcoin - a failed attempt at passing it off.

As for comparisons with cancer, there are probably better ways to for explanations and analogy but when it comes to Ver it really is difficult in some cases for people to forget how he seems to have bit the hand (Bitcoin) that fed him.

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Quote from: JollyGood on September 12, 2019, 06:33:05 AM

I had no idea Binance banned USA customers.

So is that a new law in the USA? It is the first I heard about it.

Say for example if Coinbase is allowed to act as an exchange for US based users then why is Binance (and others) banned?

They've banned Americans from their regular exchange and opened a new one for US customers that I presume will be more uptight.

Binance are covering their arse. They've always not given a shit about regulation but it's finally dawned on them that dicking with the US is not sensible. Their non KYC up to certain amounts isn't a good look. Though in many parts of the world regulars don't care enough, they will in America.

Tons of places reject Americans rather than accommodate them so it's a constructive move.

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Quote from: figmentofmyass on September 11, 2019, 03:35:01 PM

Quote from: JollyGood on September 10, 2019, 11:19:39 AM

At some point KYC will be a legal requirement and then things will not looking so attractive for those thinking of signing up on Ver Exchange

sure, at some point, but given that the exchange just launched, we probably have a year or more before that happens. that's a very long time in the crypto space. i'm thankful for it.

Quote from: JollyGood on September 10, 2019, 11:19:39 AM

What is the current unique selling point of the Ver Exchange for the end user?

exchanges everywhere are clamping down on offerings to USA residents. binance.com just banned us. so for casual traders like me, it's the lack of KYC. the promotional fee rebate is incentive for whales to trade there but it's not a huge draw for smaller traders.

I had no idea Binance banned USA customers.

So is that a new law in the USA? It is the first I heard about it.

Say for example if Coinbase is allowed to act as an exchange for US based users then why is Binance (and others) banned?

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Quote from: JollyGood on September 10, 2019, 02:02:56 PM

Think about it, who would be happy to give their KYC to Ver and his team?

Most people don't know better because the ordinary user isn't familiar with his anti Bitcoin politics. If people are so easy with giving their personal documents to a scam ICO (of which they mostly already know that it is a scam) that is asking for KYC verification, then they surely will with an exchange that seems rather normal.

Quote from: JollyGood on September 10, 2019, 02:02:56 PM

It would probably be wise to use an exchange that is trustworthy and has a great reputation rather than a "new" exchange or one that is associated with people that the Bitcoin community are not exactly happy with.

Definitely so. Plenty of exchanges to use. And it's not just because the Bitcoin community isn't happy with the people behind that exchange, but there actually is clear evidence that they are trying to not only mislead people, but also scam them.

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If there is money to be made, believe me, many people are willing to go to an exchange platform with their eyes closed, especially those from Tier 2-3 countries and/or those who don't care about giving their identity for a few bucks. They feel safe in a way by thinking that'it's something serious bla bla bla, you know.

Roger Ver is like cancer, unfortunately, nothing can be done and the domain name is his fatal weapon and he will never let it go. The saddest part is when his site is used to make Btrash look like the real Bitcoin. Its "educational" videos (or rather "introduction") on the website is misleading people at a point that any newbie grabs the story.

JollyGood

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Quote from: BitHodler on September 11, 2019, 07:08:39 AM

Quote from: JollyGood on September 10, 2019, 11:19:39 AM

At some point KYC will be a legal requirement and then things will not looking so attractive for those thinking of signing up on Ver Exchange

What is the current unique selling point of the Ver Exchange for the end user?

Roger is a someone who's dislike for governments is definitely going to make him at least try to find a loophole somewhere to still offer KYC free use, but then obviously in a limited form.

The main selling point is what I consider his domain because it makes people somewhat trust the entity behind it without even knowing who that is. Roger is well aware of how powerful that domain is and isn't shy to abuse it.

I have to admit though, Roger is a work horse. Say about him what you want, but he's adding so much value to that shitcoin that it is pretty sad to see his efforts go to waste. Too bad he turned into a jealous ex.

Personally I think Ver and his connection to Bitcoin and the stories of what he did when he purchased in bulk @$1 each years ago are a bit overrated. It seems he is far too temperamental a character to bring anything to the table.

Ver never made Bitcoin and it would have been a success without him obviously BUT it is true that Bitcoin made him very rich. If he had stayed on-board and not behaved like (as you put it) the jealous ex then maybe the BCH-ABC/BCH-SV market capital would be added to Bitcoin as they would never have been created.

If his exchange is currently KYC free and it suits people to use it then that would be a selling point but not a unique selling point. As for the domain, now that is a really big thing. It will bring in lots of customers who are new to crypto world but the ones who have been interested in crypto since many years ago would probably skip it. That domain is a unique selling point

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Quote from: JollyGood on September 10, 2019, 11:19:39 AM

At some point KYC will be a legal requirement and then things will not looking so attractive for those thinking of signing up on Ver Exchange

sure, at some point, but given that the exchange just launched, we probably have a year or more before that happens. that's a very long time in the crypto space. i'm thankful for it.

Quote from: JollyGood on September 10, 2019, 11:19:39 AM

What is the current unique selling point of the Ver Exchange for the end user?

exchanges everywhere are clamping down on offerings to USA residents. binance.com just banned us. so for casual traders like me, it's the lack of KYC. the promotional fee rebate is incentive for whales to trade there but it's not a huge draw for smaller traders.

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Quote from: JollyGood on September 10, 2019, 11:19:39 AM

At some point KYC will be a legal requirement and then things will not looking so attractive for those thinking of signing up on Ver Exchange

What is the current unique selling point of the Ver Exchange for the end user?

Roger is a someone who's dislike for governments is definitely going to make him at least try to find a loophole somewhere to still offer KYC free use, but then obviously in a limited form.

The main selling point is what I consider his domain because it makes people somewhat trust the entity behind it without even knowing who that is. Roger is well aware of how powerful that domain is and isn't shy to abuse it.

I have to admit though, Roger is a work horse. Say about him what you want, but he's adding so much value to that shitcoin that it is pretty sad to see his efforts go to waste. Too bad he turned into a jealous ex.

JollyGood

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Quote from: 1Referee on September 10, 2019, 11:30:54 AM

Quote from: JollyGood on September 10, 2019, 11:19:39 AM

What is the current unique selling point of the Ver Exchange for the end user?

That (for the time being) people get a fee rebate.

People need to be aware of the fact that when you KYC verify yourself on that platform, you are basically doxing yourself to Roger Ver and his crew of evil scammers. Every (negative) word that you ever said about Roger, be it on this forum or outside, he now has everything he needs to sue you for that or do some other shit that you won't like.

Think about it, who would be happy to give their KYC to Ver and his team?

It would probably be wise to use an exchange that is trustworthy and has a great reputation rather than a "new" exchange or one that is associated with people that the Bitcoin community are not exactly happy with.

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Quote from: JollyGood on September 10, 2019, 11:19:39 AM

What is the current unique selling point of the Ver Exchange for the end user?

That (for the time being) people get a fee rebate.

People need to be aware of the fact that when you KYC verify yourself on that platform, you are basically doxing yourself to Roger Ver and his crew of evil scammers. Every (negative) word that you ever said about Roger, be it on this forum or outside, he now has everything he needs to sue you for that or do some other shit that you won't like.

JollyGood

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Quote from: figmentofmyass on September 09, 2019, 05:10:08 PM

Quote from: gentlemand on September 06, 2019, 06:37:00 AM

Some thoughts on his exchange here albeit from an avowed hater - https://twitter.com/WhalePanda/status/1169916913373327360

Weird volumes, BCH gaming in chart placement, high withdrawal fees. KYC is optional for now up to certain amounts.

I think I'll give it a pass.

this hadn't occurred to me. i guess roger might hold off on full KYC as long as possible given his political outlook. you can withdraw up to 5 BTC monthly without KYC---enough for me to add into the mix if liquidity is okay.

i hate to say it, but with binance forcing full KYC (including social security number!) on traders in the USA, bitcoin.com is looking slightly more attractive now. is USDT the only option to hedge fiat value though?

At some point KYC will be a legal requirement and then things will not looking so attractive for those thinking of signing up on Ver Exchange

What is the current unique selling point of the Ver Exchange for the end user?

figmentofmyass

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Quote from: gentlemand on September 06, 2019, 06:37:00 AM

Some thoughts on his exchange here albeit from an avowed hater - https://twitter.com/WhalePanda/status/1169916913373327360

Weird volumes, BCH gaming in chart placement, high withdrawal fees. KYC is optional for now up to certain amounts.

I think I'll give it a pass.

this hadn't occurred to me. i guess roger might hold off on full KYC as long as possible given his political outlook. you can withdraw up to 5 BTC monthly without KYC---enough for me to add into the mix if liquidity is okay.

i hate to say it, but with binance forcing full KYC (including social security number!) on traders in the USA, bitcoin.com is looking slightly more attractive now. is USDT the only option to hedge fiat value though?

JollyGood

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Quote from: gentlemand on September 09, 2019, 10:55:40 AM

Quote from: JollyGood on September 09, 2019, 05:59:13 AM

Yes I also wondered why Satoshi did not register the "bitcoin.com" domain. And how did it get in the hands of Ver? If he did not register it it means he purchased it from the original owner.

As for Ver using BCH pairings of BTC pairings, it will probably do nohing to dent the popularity of Bitcoin and will probably not contribute anything to making BCH a viable alternative.

It seems clear BCH lost the battle. The BCH fork that was created by several people (after they threw a tantrum when they could not control the direction of Bitcoin) has failed to dislodge BTC.

If you buy the .com where does it end? The .org is enough. The rest of the world can take care of the remainder.

If I remember rightly bitcoin.com was owned by Star Xu of okcoin or something and there was some wittering about legal stuff regarding its lease.

Considering how much he's put in Rog must own it properly now. Bch has indeed lost but it's still a sizeable alt. Maybe they should concentrate on that but we all know they won't.

I never knew the background of the bitcoin.com domain so thank you for the info

I have to agree, BCH is still a sizeable altcoin even though it never stood a chance when it tried to take on Bitcoin because of the perceived greed of Ver and Wu. And I also agree, instead of them concentrating on BCH as an altcoin they will still try to pass off BCH as the "real" Bitcoin but it is really not as everybody knows.

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Quote from: figmentofmyass on September 04, 2019, 03:33:53 PM

binance is segregating their user base, banning USA traders. so the liquidity on binance.com is about to take a huge dive. this is actually a great time for bitcoin.com and blockchain.com to launch their exchanges.

nobody is boycotting BCH.

You think the US chaps are the only people who have been trading on Binance?

You must think this is still 2009-2011 Grin

Banning USA traders and those from other countries was the best thing binance could do to play safe from the Legal point of view.

Do you have any idea how much the SEC and other bodies have been witch hunting Exchanges and other crypto related services that were serving even US residents? or you are just gullible and think that they just shut down their service all of a sudden because they just don't want US resident?

As for Bitcoin.com and their exchange... those are just the last kicks of a dying horse

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Quote from: JollyGood on September 09, 2019, 05:59:13 AM

Yes I also wondered why Satoshi did not register the "bitcoin.com" domain. And how did it get in the hands of Ver? If he did not register it it means he purchased it from the original owner.

As for Ver using BCH pairings of BTC pairings, it will probably do nohing to dent the popularity of Bitcoin and will probably not contribute anything to making BCH a viable alternative.

It seems clear BCH lost the battle. The BCH fork that was created by several people (after they threw a tantrum when they could not control the direction of Bitcoin) has failed to dislodge BTC.

If you buy the .com where does it end? The .org is enough. The rest of the world can take care of the remainder.

If I remember rightly bitcoin.com was owned by Star Xu of okcoin or something and there was some wittering about legal stuff regarding its lease.

Considering how much he's put in Rog must own it properly now. Bch has indeed lost but it's still a sizeable alt. Maybe they should concentrate on that but we all know they won't.

JollyGood

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Quote from: Stedsm on August 30, 2019, 07:53:29 PM

Quote from: JollyGood on August 30, 2019, 07:33:45 PM

https://www.bitcoin.com/

It shows: "The Bitcoin CASH exchange you can trust"

--snip--

FTFY.
I believe he's trying to put some extra emphasis on Bitcoin Cash by showing everything related to BCH first and then Bitcoin. It looks like he made up his mind on trying to derail BTC fully and get BCH over and above anything that's been available out there to use BCH as primary crypto against BTC (I bet you'll see more xxx/BCH trade pairs instead or xxx/BTC ones on his exchange and I don't think this will get him better trade volumes against his opponents like Binance who are already ruling the industry). But anyways, he is just another ~~Crack Sight~~ Craig Wright for me. Grin

I wonder why Satoshi didn't buy this Bitcoin.com domain when registering Bitcoin.org? Huh

Yes I also wondered why Satoshi did not register the "bitcoin.com" domain. And how did it get in the hands of Ver? If he did not register it it means he purchased it from the original owner.

As for Ver using BCH pairings of BTC pairings, it will probably do nohing to dent the popularity of Bitcoin and will probably not contribute anything to making BCH a viable alternative.

It seems clear BCH lost the battle. The BCH fork that was created by several people (after they threw a tantrum when they could not control the direction of Bitcoin) has failed to dislodge BTC.

gentlemand

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Some thoughts on his exchange here albeit from an avowed hater - https://twitter.com/WhalePanda/status/1169916913373327360

Weird volumes, BCH gaming in chart placement, high withdrawal fees. KYC is optional for now up to certain amounts.

I think I'll give it a pass.

Topic: Roger Ver: Starting His Own Crypto Exchange? - page 2. (Read 3234 times)