hnnnng http://imgur.com/a/XhHlH
Evercoin: A cryptocurrency exchange platform
21–30 of 77 posts
Re: Evercoin: A cryptocurrency exchange platform
#22Oh, so it's like https://shapeshift.io/ except subject to the arbitrary and Orwellian US financial regulations! All jokes aside, I'm not knocking Evercoin. It looks beautiful and I welcome anyone and everyone who wants to bring liquidity to crypto markets. I'm just concerned about the sustainability of any platform based in the US. Maybe Evercoin knows something I don't though. I feel like the smartest thing we can d…
Shapeshift is very convenient but the fees are exorbitant compared to other platforms.
Re: Evercoin: A cryptocurrency exchange platform
#23This seems so wacky to me. Are you guys seriously going to start sending thousands of dollars in currency through some random website with a marketing page and a blog?
You just described 90% of online merchants.
...and you're right, plenty of online merchants rip people off. This is one reason that large trusted merchants dominate the space (overstock, amazon, newegg, etc..).
If a shapeshift clone exit scam [0] hasn't happened yet it will happen soon. People should do careful research on these sites before using them, just like people should do research on online merchants.
That being said I don't think evercoin is a scam. I'm glad to see competitors to shapeshift and innovation in this space. The website looks great! I wish evercoin all the best.
Re: Evercoin: A cryptocurrency exchange platform
#24Earlier quoted context omitted.
The simplicity of the conversion is fantastic, but I am perplexed as to how an anonymous exchange exists when there are KYC requirements.
first by admitting that KYC wouldn't help stop terrorists even if it was implemented how you imagined it. Even Shapeshift wrote that in response to the WannaCry investigations. One hop to Monero and the whole money firewall regime is foiled, hopefully enough that the people of any nation ask their governments to stop spending their money on that task, and focus on the economy in more productive ways. KYC laws apply t…
> KYC laws apply to national currencies
Assuming federal laws don't apply because you sprinkled some magic around you is a pretty awful way to end up in jail. KYC violations are criminally punishable. Anyone operating a non-compliant exchange is subject to investigation, arrest and asset freezes.
Disclaimer: I am not a lawyer. This comment does not constitute legal nor investment advice.
Re: Evercoin: A cryptocurrency exchange platform
#25Oh, so it's like https://shapeshift.io/ except subject to the arbitrary and Orwellian US financial regulations! All jokes aside, I'm not knocking Evercoin. It looks beautiful and I welcome anyone and everyone who wants to bring liquidity to crypto markets. I'm just concerned about the sustainability of any platform based in the US. Maybe Evercoin knows something I don't though. I feel like the smartest thing we can d…
Shapeshift is very convenient but the fees are exorbitant compared to other platforms.
And Evercoin's fees are even higher.
Re: Evercoin: A cryptocurrency exchange platform
#26This seems so wacky to me. Are you guys seriously going to start sending thousands of dollars in currency through some random website with a marketing page and a blog?
You just described 90% of online merchants. ...and you're right, plenty of online merchants rip people off. This is one reason that large trusted merchants dominate the space (overstock, amazon, newegg, etc..). If a shapeshift clone exit scam [0] hasn't happened yet it will happen soon. People should do careful research on these sites before using them, just like people should do research on online merchants. That be…
But aren't you protected by your credit card if the merchant fails to deliver?
Re: Evercoin: A cryptocurrency exchange platform
#27Why not Neo? Seems like the hottest one to support right now. Would probably test it out if you get that working :)
Re: Evercoin: A cryptocurrency exchange platform
#28This seems so wacky to me. Are you guys seriously going to start sending thousands of dollars in currency through some random website with a marketing page and a blog?
Generally I send $10s, then maybe $100s, and if all goes well I may do $1000s if they are still around in a few years.
Risk management 101.
Re: Evercoin: A cryptocurrency exchange platform
#29Earlier quoted context omitted.
You just described 90% of online merchants. ...and you're right, plenty of online merchants rip people off. This is one reason that large trusted merchants dominate the space (overstock, amazon, newegg, etc..). If a shapeshift clone exit scam [0] hasn't happened yet it will happen soon. People should do careful research on these sites before using them, just like people should do research on online merchants. That be…
But aren't you protected by your credit card if the merchant fails to deliver?
>But aren't you protected by your credit card if the merchant fails to deliver?
Yes, among other legal protections. The reason this seems so crazy to me is because you have absolutely no recourse in the event of a mishap. The company doesnt even have a published address or phone number. I cant even find a support e-mail. A Google search yields nothing about the company but this announcement. The blog is run entirely by their "Chief Marketing Officer". I guess my skin is not thick enough for the crypto world.