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Circle opens doors to global audience

circle.com

31–40 of 64 posts

Re: Circle opens doors to global audience

#32
I know how the banks are gaining revenue on me, and I sleep safe knowing that they benefit from having me.

Your case - everything is free, are you going to use the bitcoin reserve, similar to banks? I am not buying the fluffy ponies story, hiding the revenue is just making you look suspicious.

Re: Circle opens doors to global audience

#33
post #12

If I can measure your priorities by viewing your site, it appears that your #1 priority is a certain look-and-feel (as dabeeeenster put it "photos of hot 19 year old girls on a beach"). Along these lines, you have also purchased "circle.com" - do you read Dave Eggers too? Your #2 priority must be investment, since the "Management", "Board", and "Investors" sections of the site are the only ones that contain any actua…

If you really want to understand how excited Jeremy Allaire (CEO of Circle) is about Bitcoin, I suggest you read the testimony he gave at the US Senate hearing on Bitcoin in November 2013. He was 1 of the 7 witnesses invited to testify: http://www.hsgac.senate.gov/download/?id=2369099f-b70d-42e2-...

I do agree though that the Circle.com website is vague. What they offer as of today is buying and selling bitcoins. I believe the website is vague because the company has multiple other products coming down the line (some speculation: payment processing like BitPay, a Bitcoin-backed credit card, etc) and Circle does not want to advertise itself as a Bitcoin-exchange-and-nothing-else company. From what I have heard from Allaire in the past year, they don't even seem to want to restrict themselves to the Bitcoin currency, but may work with alternate crypto currencies in the future. So how could they advertise themselves? "Crypto currency service provider"? The general public does not know what a crypto currency is. "Digital currency service provider"? This sounds almost as bad.

Re: Circle opens doors to global audience

#34
post #2

First: interesting company and concept. I would love to see this go further, will be keeping my eye on it. Second: who's idea was it to implement that wretched parallax effect on their homepage? Not only is it a tawdry but it gives me vertigo which is usually a rare experience on the modern web and has thus-far created a very negative experience for me. I stopped looking at the homepage and just read the wikipedia ar…

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Re: Circle opens doors to global audience

#35
post #12

If I can measure your priorities by viewing your site, it appears that your #1 priority is a certain look-and-feel (as dabeeeenster put it "photos of hot 19 year old girls on a beach"). Along these lines, you have also purchased "circle.com" - do you read Dave Eggers too? Your #2 priority must be investment, since the "Management", "Board", and "Investors" sections of the site are the only ones that contain any actua…

[deleted]

Re: Circle opens doors to global audience

#36
The homepage is almost completely unusable on firefox on OS X. The scrolling is jerky as hell, things pop in and out seemingly at random and the whole feel is so broken and terrible that I was so distracted by it that I didn't actually read any of the content.

It's even worse that on pages completely devoid of moving content and general broken js, the scrolling is still awful any time you get near the big picture in the footer.

A big picture, I might add, which has absolutely nothing to do with what I am guessing from hn comments is the actual point of the site.

Re: Circle opens doors to global audience

#37
"Starting today, people can onboard into a Circle account and begin using digital money..."

That sounds weird to me. I am not a native speaker of English, though. Is this normal usage?

Googling for "onboard into" gives me headlines that do make sense to me:

"Step onboard into history! - TripAdvisor"

"Bus plunges with two babies onboard into trench — Guyana"

"@KLM Is it possible to take crutches onboard into the cabin"

Do people "onboard into", say, bank accounts?

Re: Circle opens doors to global audience

#38
post #3

I'm afraid people (regular people - not the HN following sort of people) are going to start getting confused between all the Circles and Squares and Stripes and so on.

In the infancy of the following brands, would you be able to derive the function of the company from its name?:

Barnes and Noble

Ben and Jerry's

Black and Decker

Briggs and Stratton

Look, branding has trends. This is nothing new and has not negatively affected any of these brands.

Re: Circle opens doors to global audience

#40
The website says that it is both free ("We don't charge fees when you convert funds to or from bitcoin with a linked bank account, when you store your bitcoin, or for bitcoin transactions.") AND insured ("All of the money in your Circle account is insured at no cost to you."). I am not sure how that will work out for them; given the short and eventful history of BC, I would assume that insurance charges would be quite steep.

But then: I seem to recall many money changers at airports also advertising "zero conversion charges", and they seem to be doing just fine even while paying (what must be) high rents for their spots. So perhaps there is a revenue model there which I can't suss out.

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