Post
Topic
Board Service Announcements
Re: ★ Bitcoin MagΩet ★ Buy & sell bitcoins automatically using your UK bank account!
by
Bitcoin Magnet
on 16/10/2014, 20:08:52 UTC
To operate in UK as business you have to register yourself within 3 month period.
Not sure where you got this information from, or why it is even relevant, but it is news to me. Link? FYI Bitcoin Magnet started 1 month ago. I'm still assessing the demand for this service to see if it will be profitable. EDIT: link

Legit business have nothing to hide, why you not disclosing anything about (Us) because you used term "we" in couple of places.
I use "we" to represent the Bitcoin Magnet team - currently consisting of only 2 people, but you get the idea. I use "I" sometimes too, when I feel like it.

SSL you saying not needed? Do you know that by having SSL you can prove your identity which will give more legitimacy to your so called business.
Again, I'm not sure where you got this information from - link? I struggle to understand how SSL could be used to give more legitimacy to the site, let alone prove my identity  Huh

I suggest you visit bittylicious and check how its done over there. They legit. They have all details needed to operate within UK.
You and your Gmail account not giving much hope this will be legit.

And to show that you might be simply a scammer just will bring example of mintpal. They was legit, registered ETC they still finished in bad way.
So hold on, you want to see proof that we are "legit"... but then go on to explain how even a "legit" company (Mintpal) can screw people over? Do you see why I'm not following your train of thought?

You not even Registered as company, have nothing more than FB profile and silly page and you expecting me to believe you are legit.
I'll refer you to your previous comment about Mintpal.

And for god sake change that gmail address for your domain one because it looks just silly.
Appearances can be deceptive my friend. I'll refer you again to your previous comment about Mintpal.
If you so wish, please contact me personally on john@bitcoinmagnet.co.uk and we can have a chat there instead of on here.

Just clear something up, you saying that your bank allowing to automate payments to anyone who want to purchase bitcoins or sell?
Yes

You saying that automatically some kind of magic script putting new recipient name and refference and paying fiat without you being involved?
No. New payees must be authorized manually first.

And how you checking balance in bank account automatically by script in case of trade fiat>btc?
You just answered your own question I think... correct, by a script.

Im really interested, as some banks have similar security some dont. Some will allow creating recipient wothout confirmation and some will allow after confirming magic code over the phone.
Most banks now require card-reader authorization prior to adding a new payee.

By stating that you have few accounts for security of the trade you just showed that you scared they might block one or all of them because of BTC.

As long as you not moving large sum of money through account bank will not touch you and block you. But mention BITCOIN and wait and see.
I think you have contradicted yourself again here. As you say, banks are more than happy for small amounts of money to be flowing in and out of your account so long as BTC is not mentioned... so why would anyone be scared? More bank accounts is mainly for peace of mind and to keep operations running should we have problems with a particular bank (website offline, suspicious account activity etc.).