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Showing 12 of 12 results by ziggy.s
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Re: [2015-07-02] CD: Coinfloor Launches Broker-Based UK Bitcoin Marketplace
by
ziggy.s
on 06/07/2015, 10:23:44 UTC
Wrong. Brokers are middlemen. The whole idea of Bitcoin is to get rid of these sharks.

I'll never understand why people use exchanges at all when localbitcoins (for example) will give you a more secure & better rate than all of them at a fraction of the cost & with no money grabbing middlemen involved.
 
And who do you think sells on LBC? only miners? LBC sellers are the middlemen sourcing their coins through exchanges. Coinfloor Brokers are selling on LBC as well, the difference is that they don't need to move coins from an exchange to a P2P platform as its 2in1, saving time and money and the Coinfloor selection guarantees the buyer will deal with a pro, not some random stranger. 
 
And we do need the middlemen to reach more people.
Post
Topic
Board Exchanges
Re: Coinfloor UK
by
ziggy.s
on 30/10/2014, 13:46:53 UTC
Coinfloor opened new trading markets in EUR, USD and PLN. 
 
Quote from: Coinfloor Blog
  • The order books for GBP, EUR, PLN and USD are live and available for trading.
  • You can make deposits to our dedicated GBP, EUR, PLN and USD denominated accounts.
  • You can register 3 more sets of fiat withdrawal details, one per currency, to avoid FX charge or take advantage of SEPA payments in EUR or local transfers in PLN.
  • You can take advantage of our markets increased liquidity!
 
http://blog.coinfloor.co.uk/post/101258757411/coinfloors-high-liquidity-markets-are-officially-open
 
The liquidity does look good during daytime and it seems the fees and have gone down significantly: https://www.coinfloor.co.uk/fees 
 
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Topic
Board Exchanges
Re: Bitcoin Exchange got their logo on a race car
by
ziggy.s
on 10/09/2014, 18:30:36 UTC

I just wish there was a bitcoin logo too and not just coinfloor's logo

Same here Sad


Let's hope he didn't leave any of his 'technology' behind.
Also, please could you be clear: do you work for them, or just shill?

I just shill  Cool  Getting the detail of this whole Nefario vs theymos thing has become somewhat of a hobby for me.
  
  
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Topic
Board Exchanges
Re: Bitcoin Exchange got their logo on a race car
by
ziggy.s
on 09/09/2014, 20:04:09 UTC

http://en.wikipedia.org/wiki/Coinfloor

Quote
Coinfloor is a London-based Bitcoin exchange.[1] The company is focused on security, and employing procedures to deter money laundering amidst the lack of government regulation.[1] By allowing direct conversion between bitcoins and the British Pound (sterling), it also aims to reduce the inconvenience of a two-step conversion that people holding the sterling used to have to go through.[2] In October 2013, the company announced raising an undisclosed amount of venture capital funding from Passion Capital and Transferwise founder Taavet Hinrikus.[3] The start-up was founded by Mark Lamb and Amadeo Pellicce;[4] one of its team members is James McCarthy (aka Nefario) who was previously involved in Global Bitcoin Stock Exchange, which controversially shut down in October 2012.[3]
 
OMG! Wikipedia is out of date and not a sufficient source to support panic?!! How can this be?!?!

Amigo, J. McCarthy is not with Coinfloor. Was, but isn't any more. You can find more here: https://bitcointalk.org/index.php?topic=684448.msg8338087#msg8338087 
 
 
Post
Topic
Board Bitcoin Discussion
Re: Ex-Credit Suisse manager turns to Bitcoin
by
ziggy.s
on 06/09/2014, 16:42:59 UTC
To be honest this chap sounds like a bit of a douchebag bandwagon jumper
Hope my impression is wrong!

Jumping in after the price is so high is risky also.
 
Gentlemen, I think this man is fine with some risk Cheesy He's driving the Lotus Evora GT4 race car today in Barcelona at 24Series. 
 
https://twitter.com/Adam8Knight/status/507910943666610176   
 
Doesn't seem so much like a douchebag to me Wink Check out the hood! 
 
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Board Exchanges
Re: Bitcoin Exchange got their logo on a race car
by
ziggy.s
on 06/09/2014, 13:52:51 UTC
http://blog.coinfloor.co.uk/post/82980052547/coinfloors-first-provable-solvency-report

Coinfloor's been doing the solvency reports for a while. Makes sense with all the post-Gox trauma. 
Sporting low prices, highest trade volume in UK and a liquid order book https://coinfloor.co.uk/orderbook 
 
The car is a nice touch Wink

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Topic OP
Bitcoin Exchange got their logo on a race car
by
ziggy.s
on 06/09/2014, 13:22:11 UTC
Post
Topic
Board Service Discussion
Re: Coinfloor now has UK bank transfers
by
ziggy.s
on 16/08/2014, 16:16:44 UTC
It's UK deposits, withdrawals AND a segregated client funds trustee agreement with treasury services provider. I believe that's a first in the industry. I'm currently trying to get info from Bitstamp what's their status on this. I don't even expect BTC-e to think about it.

http://blog.coinfloor.co.uk/post/94825900161/faster-lower-cost-uk-withdrawals-are-live-and-client

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Topic
Board Bitcoin Discussion
Re: Ex-Credit Suisse manager turns to Bitcoin
by
ziggy.s
on 13/08/2014, 20:59:18 UTC
Guess what happens when you ask Coinfloor a direct question using support@coinfloor.co.uk

Quote from: Coinfloor Support
Thank you for contacting Coinfloor. It is great to see that you are asking all the right questions and doing the necessary due diligence on us. This industry will only mature if bad actors are weeded out and right now that means that customers need to be savvy about who they deal with.

Q: What is your current relation with James McCarthy aka Nefario? What was his active involvement in the company and did you at any point find him endanger the business or privacy of your clients?

A:  Coinfloor's current relationship with James McCarthy is that he is not an employee, shareholder, or in any way involved in the company at this current stage. James was a co-founder of Coinfloor and was involved in the business for a while. If you check Coinfloor's last account filings, it will show him as a shareholder, because those filings are out date. His involvement in the business was on the technological side and he never needed access to private client data or anything that would endanger the business.


Q: Do the AML checks that you carry out upon sing up leave ANY mark on clients track record?

A: Coinfloor runs an Anti Money Laundering check on all of our users which leaves a Coinfloor Ltd. ML enquiry footprint on our client's credit file. The enquiry footprint does not have any impact on your credit score and will not impair your ability to raise credit. This check is done alongside automated checks for sanctions lists and PEP individuals in the EU and in the world and they are done to protect Coinfloor and its customers from being exposed to Money Laundering or criminal activity financing.
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Board Press
Re: [2014-07-11] Bitcoin taps former Credit Suisse commodities boss Adam Knight
by
ziggy.s
on 11/07/2014, 23:07:22 UTC
I think this is huge. I've been investigating this exchange since the news came out and everything I find is pretty impressive and consistent. They seem to have a completely different approach.

I think it all ads up: communication with FCA, exploring Bitcoin protocol to increase security, p2sh, cold storage, then provable solvency, UK faster payments and now a commodities heavyweight from GS! What does that tell you? I'm still trying to investigate some issues reported on this forum though. But aside from some suspicious feedback here, it all looks very, very promising.

The exchange itself aside, ex-GS and Credit Suisse MD involved in any bitcoin businnes is great news and I'm glad that it's a UK company as it only reinforces the big bright future of UK being the strongest bitcoin hub. I feel like the community does not fully appreciate the weight of this hire. Either due to choosing to foolishly ignore the financial sector or due to lack of awareness of who Adam Knight is. I mean seriously, CNBC was reporting on his career moves based on undisclosed sources. This guy, being involved in anything bitcoin, can make a noticeable change.
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Topic
Board Press
Re: [2014-07-11] Bitcoin taps former Credit Suisse commodities boss Adam Knight
by
ziggy.s
on 11/07/2014, 22:17:35 UTC
Quote
A UK-based bitcoin exchange has tapped the former global head of commodities at Credit Suisse to lead its attempt to promote professional trading of the virtual currency.

Adam Knight, who has been an angel investor in London since leaving Credit Suisse in 2011, has become executive chairman of Coinfloor and taken a stake in the company in a new fundraising round.

“Having spent my career trading commodity markets I understand the exchange, clearing house and storage models well and wanted to find a team with the right skills and approach to build a robust global bitcoin financial services business,” said Mr Knight.

“Bitcoin has survived some pretty significant shocks and proven to be far more robust than I had initially expected.”

A number of entrepreneurs are trying to build a second generation of virtual currency trading platforms, following the bankruptcy in March of the earliest and once largest exchange, Mt Gox.

That collapse, and the apparent loss of millions of dollars worth of the virtual currency, shook confidence among bitcoin users and highlighted the experimental nature of the technology. Bitcoin was created five years ago by an anonymous computer scientist as an alternative to government-controlled currencies.

Coinfloor has said its platform is aimed at professional traders, including high-frequency traders, and aims to overcome institutional scepticism about the safety of bitcoin exchanges by making public the details of its bitcoin holdings.

“Adam’s expertise of regulatory compliance, risk and governance procedures will be invaluable,” said Mark Lamb, Coinfloor’s founder.

Mr Lamb declined to give details of the size of its new fundraising, but said Mr Knight was joined in the round by the company’s existing backers, Passion Capital and Taavet Hinrikus. Passion Capital is an angel investment firm led by Stefan Glaenzer, former chairman of online radio pioneer Last.fm and a founder of auction site Ricardo.de, and Mr Hinrikus was an early employee at Skype.

Coinfloor began registering customers last October and, following technical delays, began trading earlier this year.

https://twitter.com/Coinfloor/status/487616427403145218
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Topic
Board Bitcoin Discussion
Re: Ex-Credit Suisse manager turns to Bitcoin
by
ziggy.s
on 11/07/2014, 11:19:03 UTC
Hmm. Well, he is jumping in bed with Nefario. Birds of a feather, maybe?

Seems like your information is seriously outdated.
http://www.reddit.com/r/Bitcoin/comments/29gplx/coinfloor_integrates_uk_faster_payments/ciksp87

Nefario is not working with Coinfloor. It's understandable that you're shocked, your world has been turned upside-down! However, I'm sure you'll create some other atrocious story about this exchange to talk about.

To be honest this chap sounds like a bit of a douchebag bandwagon jumper
Hope my impression is wrong!

And you get this impression from one sentence? To me he actually seems allright and as far as I know, Coinfloor just brought in the most high profile banker to be involved with a Bitcoin business ever.
Here's an interview with him from his City times, even then he made a surprisingly good impression:
http://www.incisivemedia.com/energyrisk/Commodity_Risk/PDFs/Winter2008/cover_story.pdf