Exchanges - Bitcoin

Bitcoin exchange Bitreserve rebrands as Uphold and now offers fiat money services

Bitcoin exchange Bitreserve rebrands as Uphold and now offers fiat money services submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin exchange Bitreserve rebrands as Uphold and now offers fiat money services

Bitcoin exchange Bitreserve rebrands as Uphold and now offers fiat money services submitted by weerdo52 to Bitcoin [link] [comments]

Bitcoin exchange Bitreserve rebrands as Uphold and now offers fiat money services

Bitcoin exchange Bitreserve rebrands as Uphold and now offers fiat money services submitted by jonez450reloaded to Bitcoin [link] [comments]

Bitreserve: A bitcoin start-up has made exchanging currency free

Bitreserve: A bitcoin start-up has made exchanging currency free submitted by gettoknowbitcoin to Bitcoin [link] [comments]

Bitfinex introduces Tether. DIE RIPPLE, DIE!

submitted by thoughtcrimeX to Bitcoin [link] [comments]

Bitreserve announces it is "the world’s first zero-cost service*". (*Not first, not zero cost. **Ridiculous FX spreads will apply.)

Bitreserve announces it is submitted by Institutional_Invest to Buttcoin [link] [comments]

I just received some Gold from BitReserve!

I just received some Gold from BitReserve! submitted by LeeWallis to Bitcoin [link] [comments]

What is the best/safest exchange in which to hold $USD?

submitted by inexile14 to Bitcoin [link] [comments]

Bitreserve is open for business!

Bitreserve is open for business! submitted by bitcoinhostels to Bitcoin [link] [comments]

BitReserve Bank has launched out of beta!

anyone else got their betas released? awesome! I love Bitreserve Bank already!! Spread the word! Its the bank I have been waiting for!
https://www.cryptocoinsnews.com/bitcoin-reserve-bank-open-vault/
submitted by roflwinter to Bitcoin [link] [comments]

Bitmerchant - a self-hostable bitcoin merchant services platform to rival coinbase. Goodbye KYC.

I'm developing a bitcoinj-based, self-hostable merchant services platform, and everyone mentioned that I should create a lighthouse funding round to continue development on it.
The project site is here,
and the Lighthouse project is downloadable here
Features include :
Let me know what you guys think, any features you'd like to see, and any feedback at all!
submitted by thouliha to LighthouseProjects [link] [comments]

Bitreserve functions as a full reserve and offers 100% transparency

This is [mostly] a repost of a comment from: http://www.reddit.com/Bitcoin/comments/25nsn4/does_anybody_else_understand_how_big_a_deal/
(thanks to @Markateer for the recommendation to repost)
My name is Byrne Reese, and I am the head of Product at Bitreserve. In a recent thread in this subreddit discussing our product, a number of different questions were expressed. But, there was one thing in particular that I felt would be the most helpful to shed some light on, and to spur a discussion around.
Bitreserve functions as a FULL RESERVE of assets backing our obligations to our Members. We do not use the bitcoin people entrust with us as a funding vehicle for our business. Instead, our reserve has one goal: to protect the value deposited by our members. So, if in aggregate our Members have 1000 bitcoin and $1M dollars in value stored in our network, then our reserve will also hold 1000 bitcoin and $1M.
The comparison to Mt.Gox and other services that have come up short with their customers assets is inevitable for any company in the bitcoin space. Therefore, I want to underscore specifically how we are different from every other company operating in this space: we are 100% transparent.
We recognize that as a centralizing agent working on top of the blockchain, we need to offer all the transparency and traceability of the bitcoin network so that everyone knows how value enters, moves around, and leaves our system. Therefore we will be making available two very important resources to the public. The first is our Reserve Chain. Like the blockchain, it protects the privacy of our members, while providing a fully transparent, public and traceable real-time account of the flow of value across our network from one bitcoin address to another. The main difference is that it tracks both bitcoin and the fiat currencies we support--dollars, euros, pounds, yuan, and yen. The second resource is our Bitledger, which is a continuously updated accounting of our liabilities to our Members (derived from the Reservechain) and the assets we hold in our reserve. It works just like a regular accounting ledger.
You might ask, "how do we know you are not just fabricating the numbers?" To build trust in these resources, every quarter a big-four accounting firm audits the bitledger to publicly verify our accounting of obligations and the assets we hold in our full reserve. We feel that this quarterly audit, combined with our Reserve Chain and Bitledger, is the best way for any service like ours to stay true to many of the principals and values of the blockchain itself, and to help our customers build confidence in and feel safe in entrusting their bitcoin with us.
I hope that clears a few things up. If you have more questions, I encourage you to ask them here and I will do my best to respond.
submitted by byrnereese to Bitcoin [link] [comments]

Amazing news for Bitcoin community. Method found that allows storing of dollars securely.

Amazing news for Bitcoin community. Method found that allows storing of dollars securely. submitted by TulipCoins to Buttcoin [link] [comments]

Coinjar introduce hedged accounts to USD, EUR, GBP and AUD. What is the best currency to hedge against?

Coinjar introduce hedged accounts to USD, EUR, GBP and AUD. What is the best currency to hedge against? submitted by bitcoinossifrage to Bitcoin [link] [comments]

Payments Startup Uphold to Use Ledger Vault

Payments Startup Uphold to Use Ledger Vault
French crypto hardware firm Ledger will provide its technology to American payments startup Uphold to improve security, according to a press release shared with Cointelegraph on May 13.

Formerly known as Bitreserve, Uphold will reportedly incorporate Ledger’s institutional custody platform Ledger Vault to boost its anti-hack protection by adding an additional layer of security.

J. P. Thieriot, co-founder and CEO of Uphold, said that Ledger Vault integration was mainly driven by customer demand for thorough security measures.

According to the press release, the integration of Ledger’s tech will enable a number of key benefits for Uphold, including a multi-authorization governance model, support of new ERC-20 stablecoins and other proxy assets such as the Universal Protocol-based tokens, among the others.

Ledger Vault first rolled out in May 2018 as a digital asset security tool targeting institutional investors. The firm subsequently announced that it was expanding its business to New York in November 2018, also appointing a former Intercontinental Exchange (ICE) executive as head of global operations.

Recently, Ledger announced that Canadian crypto exchange National Digital Asset Exchange (NDAX) would use Ledger Vault to secure its assets.

Yesterday, major crypto exchange Binance announced that the platform was planning to fully resume deposits and withdrawals, following a major hack that resulted in the loss of $40 million worth of bitcoin (BTC).
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https://preview.redd.it/gjxe4826x2y21.png?width=618&format=png&auto=webp&s=c145d5b4608fdba969669a6ef726428b62b52b2c
submitted by Bitcoin_Exchange7 to u/Bitcoin_Exchange7 [link] [comments]

Payments Startup Uphold to Use Ledger Vault

Payments Startup Uphold to Use Ledger Vault
https://preview.redd.it/31n208r4i4y21.jpg?width=1024&format=pjpg&auto=webp&s=ddedc6a6f95c5699a5de15c28d7f46dada6968a0
French crypto hardware firm Ledger will provide its technology to American payments startup Uphold to improve security, according to a press release shared with Cointelegraph on May 13.
Formerly known) as Bitreserve, Uphold will reportedly incorporate Ledger’s institutional custody platform Ledger Vault to boost its anti-hack protection by adding an additional layer of security.
J. P. Thieriot, co-founder and CEO of Uphold, said that Ledger Vault integration was mainly driven by customer demand for thorough security measures.
According to the press release, the integration of Ledger’s tech will enable a number of key benefits for Uphold, including a multi-authorization governance model, support of new ERC-20stablecoins and other proxy assets such as the Universal Protocol-based tokens, among the others.
Ledger Vault first rolled out in May 2018 as a digital asset security tool targeting institutional investors. The firm subsequently announced that it was expanding its business to New York in November 2018, also appointing a former Intercontinental Exchange (ICE) executive as head of global operations.
Recently, Ledger announced that Canadian crypto exchange National Digital Asset Exchange (NDAX) would use Ledger Vault to secure its assets.
Yesterday, major crypto exchange Binance announced that the platform was planning to fully resume deposits and withdrawals, following a major hack that resulted in the loss of $40 million worth of bitcoin (BTC).
submitted by Rajladumor1 to omgfin [link] [comments]

Bitcoin is the future of money. Is it?

Before I go into my story let me introduce myself.
I work in the financial services sector, live in New York and am new to Bitcoin. Recently, I’ve decided to give a try and buy some bitcoins. Everyone talks bitcoin so I wanted to evaluate the future of the currency for myself.
First, I googled the most popular ways to buy bitcoins. Decided to start with the exchange.
After reading numerous stories about Mt. Gox, bitstamp and other exchanges decided to register with Coinbase for the reasons you all probably know. The basic registration process was straightforward and simple. However, in order to buy bitcoins you have to go through verification procedure. You need to link your bank account to Coinbase, provide your billing address and in case if you want to make buying bitcoins instant you also need to link your credit card. So you provide the same information you need to provide to any US bank to be able to buy bitcoins. There is no anonymity or privacy. It’s a myth. Then you buy bitcoins. You would expect instant transaction but instead you have to wait 4-5 days for the transaction to complete. So if I need to buy something with bitcoins the same day – I can’t. Moreover, the worst part is that while you are waiting for the transaction to complete the price of bitcoin fluctuates. In my case, it fell 15 USD which was more or less equal to 10% of the price of btc on the day of purchase. So btc lost 10% value against USD while I was waiting for the transaction to complete. In addition, you also have limits. You cannot buy more than 1000 USD worth of btc in one week. I thought this was totally ridiculous. What was the reason for going through all these verification steps if you are still facing limits? However, as I am new to btc decided to give another try.
This time I registered with Coinbase Exchange. Again, you have to provide your SSN and link with coinbase account. When you register with the exchange Coinbase opens so-called “USD Wallet”. You can now transfer USD to this wallet and then instantly transfer them to btc or trade in the Exchange. However, the transfer again takes 4/5 days.
I was totally disappointed by how the whole system works. I thought bitcoin users were treated like some kind of criminals. I wasn’t simply asked to verify my identity by providing all the usual KYC information, but I also faced buy/sell limits (1000 USD a week), 4/5 delays in transaction completion. Moreover, I had to provide all my bank details to Coinbase. I felt like I had no other choice as to trust Coinbase despite the fact that they disclose very little information about security measures they implement to store my personal information. Moreover, Coinbase was not different from any bank around the corner with its KYC procedures.
Anyway, I thought it was too early to give up. Decided to try localbitcoins. Unfortunately, I experienced another disappointment. Bitcoins are sold in average with 6-7% premium. And you have to pay this premium every single time you buy btc. You also have limited options for buying btc: Moneygram/WU transfers, national bank transfers, paypal transfers and gift codes. From all these options the only instant and acceptable option was paypal. However, the seller of btc requested my photo holding some ID for verification process. Here you are not dealing with Coinbase, which is supported by NYSE, but with some ordinary guy who God knows how treats and secures the information you provide to him. I understand the reasons why he/she asks for the verification but still find it irresponsible to trust this person. I have no idea who he/she is and how he/she handles the information I provide (in case of buying using paypal).
Of course you can also buy with cash. I tried that option as well. Buying with cash involves arranging a meeting with some stranger somewhere in your town. So you have to arrange the time and place to meet and both of you should agree on this. Then you have to carry cash with you, which is another risk. And of course you wont carry over 1000 USD especially if this is your first transaction with some stranger. Finally, again you have to pay around 10% premium.
Then I found out about guys from LibertyX. I read some of their interviews and thought they were trustworthy. They claimed that one could buy their so-called Qpins in big stores nationwide and redeem them for btc. However, when I visited their website it turned out that I had some outdated information. In reality it’s possible to buy Qpins only from small stores in Manhattan and Brooklyn. They recommend calling the stores before visiting them. I followed their advice, but not a single store in Manhattan answered my call. So I decided to try my luck and go there without speaking to them on the phone. One store was out of business. Another one claimed that it didn’t sell bitcoins. In such case LibertyX recommends calling them, as they know how to handle such situations. So right from the store I called LibertyX. Guess what? All their operators (probably 1 or 2 people) were busy to answer my call. So decided to go to Brooklyn. And again one store was closed and the other store manager didn’t know what I was talking about. However, after 30 minutes of explanation the store manager finally figured out how to find in their system Qpins and sell them to me. Overall, the whole process took 1.5 hours. I came home, logged in to LibertyX website to redeem the pins and receive btc. They also collect personal information. I entered my real name and address. Their system gave an error message saying that it couldn’t verify the information I provided and asked me to send verification information (scan of ID). In order not to lose my money, I had to provide them the scan of my ID. Then I had to wait a day for my account to get verified. Please, note that they also have 1500 USD weekly limit.
I am a stubborn guy and I hate banks enough to give another chance for bitcoin to prove itself as future currency and therefore I decided to try bitcoin ATMs instead of all methods described above. I visited coinatmradar.com to locate the nearest ATM. I found three ATMs in Manhattan and two in Brooklyn. Visited all of them and didn’t find any ATM in any of these locations.
Finally, decided to try to register with the European exchange to compare with the US one. I couldn’t even register with them because Europeans avoid providing financial services to the US citizens. My attempt failed. The same happened when I tried to buy bitcoins through VirWox.com.
So here are my conclusions.
  1. Buying bitcoins is not anonymous.
  2. Unless you use cold storage/offline solution you do not hold bitcoins but some institution like Coinbase does.
  3. Buying bitcoins is not a straightforward process, is time consuming and requires risk acceptance.
  4. Buying bitcoins is expensive. You will normally pay 10% premium when buying for cash or paypal. This premium equals to a dream annual return of most hedge funds (and their investors accordingly).
  5. You have to verify your identity when buying btc through exchanges or companies like LibertyX. You go through the same procedure as when opening a bank account.
  6. There isn’t any operating ATM in New York. This is due to “bitlicense” uncertainty. However, even if bitlicense is implemented not a single ATM would operate profitably under money transmitter licensing.
  7. You face limits when buying bitcoins. Coinbase and Circle have 1000 USD weekly limits. LibertyX has 1500 USD limit. Localbitcoins doesn’t have limits but you cannot buy btc using debit/credit card. Moreover, when buying through localbitcoins you have to be aware of scammers.
  8. The high cost of buying btc can potentially offset the benefits of low transaction costs. It might be cheaper to use your debit card.
Therefore I don’t see a single benefit of dealing with bitcoin instead of fiat (i.e. banks) in current environment. There is no “killer app” requiring you to go through all the above procedures to buy bitcoin. I think the only people who are willing to go through all this hell in order to buy btc are the ones who use them illegally in the dark market, some enthusiasts/revolutionists/anarchists who believe in the long run success of btc, hate banks and current financial system; and people who either trade btc or use it occasionally for some purchases online. I don’t see how mass adoption can happen if you cannot buy bitcoins with two-three clicks online. I don’t understand who would wait 4/5 days to get btc when the price fluctuates every 10 minutes.
What I do now is I buy btc using Coinbase. Then I send them to bitreserve.org and hold them in different currencies. However, even if I want and need to buy btc instantly I simply cannot do this. If instant buying is possible then I have to pay high premium. I find it much cheaper to use my debit card and pay bank fees, which are nothing in comparison with the premium to buy btc.
Please, prove me wrong or enlighten me. Maybe I am missing something.
submitted by AdamSmith21c to Bitcoin [link] [comments]

Founder of Uphold (former Bitreserve) is a trademark troll. In 2014 he secured bit-related trademarks and uses his patents to seize domains and destroy or hinder other bitcoin related businesses.

Due to the recent post regarding uphold threatening to sue Andreas Antonopoulos! I think it's time for me to reveal what happened to me in 2015.
I am the owner of the domain bitreserve.com, registered in February 2011. I was an early adopter of bitcoin and bought the domain with the intention of setting up a wallet service for transferring BTC similarly to what e-gold did back in its days. Due to illness, I did not release the wallet as of now.
A couple of years after I bought the domain, the now bankrupt ex-billionaire Halsey Minor discovered bitcoin, and unfortunately for me, decided that he liked the name “BITRESERVE”. He bought .org, .net. At first, this was not an issue. In 2013 we had an e-mail correspondence talking about our businesses, and Halsey asked if I was willing to sell the domain to him. I had at the time began the work on bitreserve and did not want to select another domain, so I refused repeatedly. Eventually I gave in and told him a big sum of money to make him stop bothering me for the domain. After a short reply indicating that he was offended, there was silence.
Skip ahead until May 2015 when out of the blue I received this threatening letter from his lawyer, demanding that I give him the domain free of charge, because according to him, I was, in “bad faith”, profiting off his trademark (since I wasn't using the domain at the time I had it redirect to a non-profit open source project (getmonero.org)).
Furthermore, he let me know in very clear terms that he would use the law against me if I ever tried to launch my bitreserve service on bitreserve.com.
After some research I discovered that Halsey had grabbed a bunch of trademarks in 2014 and was now using them in an attempt to steal from others.
Notice how they have secured a trademark on “bitgold” ? That term goes way back into the 90s cryptographer Nick Szabo. In an e-mail from January 2015, Bitreserve said that it will sue bitgold.com (another Canadian based bitcoin exchange) into oblivion once they launch their service. The fact that they have even trademarked bitelectrum tells a lot about their ill intentions. Bitshares has since long established with bitusd etc, a topic discussing the possibility of Uphold to steal it can be found here.
It turns out the founder Halsey Minor has a history of being extremely litigious, in addition he bailed on his debt and declared bankruptcy in 2013, after apparently losing his fortune on bad investments, art, hotels/real-estate and unfinished projects (and losing lawsuits?).
The new CEO of Uphold (Anthony Watson) is no better when it comes to legal threats and threaten to sue me if I use the domain for anything. Halsey Minor does not believe in bitcoin at all, to quote him "Bitcoin will not exists in 5 years". And the fact that the current CEO calls Andreas a "random he has never heard of" speaks volumes.
I urge you all to not support a company run by these individuals. In fact I wouldn't trust them to keep your money safe *.
submitted by warz to Bitcoin [link] [comments]

Bitcoin 2015 so far

I don't know about you guys, but I've noticed that shit in bitcoin-land seems to be moving faster and faster... I browse this sub and a few other communities daily, and I've been making a short note whenever something significant happens. Lots of good, even more bad, probably a lot of stuff that I missed, and plenty of sweet drama :) Here's what I've got for January 2015
(these are not in exact order)
Again, probably lots that I missed, but all in all it's been a pretty balls-to-the-wall last 4 weeks. I don't have time to find references for all of these, but if another redditor wants to do it that would be cool. Here's to another month of madness
tl;dr running out of popcorn, need to buy more.
edit adding in some other items people mentioned below
submitted by cryptonaut420 to Bitcoin [link] [comments]

What's the best way to deal with bitcoin's volatility?

I'll start off with, I'm a huge fan of bitcoin-the-concept. However, the volatility concerns me. A few months ago I bought about one bitcoin and by the time I am using it now, it has reduced so far in value that I am easily paying 20, 25% more for my services than if I had just used a credit card.
For the sake of experiment/playing, that's ok. But in reality, it just doesn't make sense to shop around for a good deal on a service (even internationally, this is the Internet!) and then effectively paying 25% more with bitcoin because the currency is so volatile.
How do you all deal with that problem? There's bitreserve for instance, and coinbase seems to offer a USD "wallet" in some US states. Is that advisable?
submitted by elwood_j_blues to Bitcoin [link] [comments]

Bitreserve - just joined the beta. What exactly does it do?

I understand you can choose to store your btc as fiat to shield from volatility. But can I spend the USD/EUR directly, or must I transfer back to bitcoin? What I'm trying to get at is, what is the main benefit of this service?
submitted by redditseur to Bitcoin [link] [comments]

Left their jobs to work in Bitcoin

I was talking to a friend about Execs who had left their jobs to pursue Bitcoin jobs and I really didn't have any good names. I decided to compile a list. Contributions appreciated.
EDIT -- from https://drive.google.com/file/d/0B6xWx7EWH5mmaGFzRjQ1MklOMDA/view thanks /usezcc0nonA
EDIT -- thanks /usebruce_fenton
EDIT thanks /usesnooville
submitted by redpistachios to Bitcoin [link] [comments]

BIT RESERVE COIN- BITRESERVE BRC COIN BRC~BITRESERVE COIN -- A PRECEIOUS CRYPTOCURRENCY OF USA AGAINST BITCONNECT (BCC) COIN.. The Bitcoin Group #80 - Bitreserve Rebranding - Blockstream Liquid - BTC $260 - t0 $10M HashReserve.biz Bitcoin 35%HOURLY FOREVER Profit High Paying Investment Site ZOUK COIN FOURTH DAY OF LENDING AND EXCHANGE INTEREST RATES NOW UP!!!

Places to buy bitcoin in exchange for other currencies. Note: Exchanges provide highly varying degrees of safety, security, privacy, and control over your funds and information. Perform your own due diligence and choose a wallet where you will keep your bitcoin before selecting an exchange. Tags: Bitcoin Exchange, Bitreserve Free Money Transfers, Currency Exchange, Digital Currency Free Transactions, Halsey Minor. Share. Tweet. Send. Share. Show comments. For updates and exclusive offers enter your email below. I consent to my submitted data being collected and stored. Leave this field empty if you're human: Bitcoin These 3 Factors Suggest Bitcoin May Soon Push Towards $11,250 ... Сurrent Reserve Rights / Bitcoin Cash exchange rate, Real-time market data: buy & sell rate, charts, order book Spend Bitcoin, earn Bitcoin. A more versatile home for your financial life. We help you access financial services you can’t get through your bank. Cheap forex. Access some of the cheapest Forex rates on major currencies, including USD, EUR and GBP (from 0.2%). Instant remittances. Send money to your friends and family worldwide - instantly, free and in anything from Bitcoin to USD. Flexible ... Bitreserve, dedicated to making digital money free and simple, has launched an API-based platform.The new platform evolves the company from a digital currency service to a full fledged currency exchange and online transactions platform that online and mobile users can utilize (similar to ecommerce platforms in place for traditional, hard currencies).

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BIT RESERVE COIN- BITRESERVE BRC COIN

Donate: 18EQEiQBK1X2DyDL5Y18j78iw4NuNHoLej Save 20% off Amazon with Bitcoin at https://purse.io/ THIS WEEK:-----Rebranding As Uphold, Bitreserve Says Goodbye To Bitcoin This video is unavailable. Watch Queue Queue. Watch Queue Queue Hi Youtube Viewers, Join on Hashreserve.biz Link: http://bit.ly/2mdx3UF Join another High Paying Clound Mining : http://bit.ly/2lcrjur Important Create your ... 🔴 BITCOIN LIVE : BTC Saturday Stream 🔴 Ep. 979 Crypto Technical Analysis Mitch Ray 762 watching Live now Steve Wozniak interview: Blockchain technology, AI, Crypto, Bitcoin BTC Halving 2020 ... Bitcoin ( BTC ) exchange reserves are continuously plummeting as analysts pinpoint the trend to a shortage of sellers. Since the March crash, the reserves on...

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