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Evercoin: A cryptocurrency exchange platform

evercoin.com

61–70 of 77 posts

Re: Evercoin: A cryptocurrency exchange platform

#61

Oh, 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…

Btc-e was was not based in the US and see what happened?

Re: Evercoin: A cryptocurrency exchange platform

#62
post #44

Earlier quoted context omitted.

Couldn't that stop gold farming / selling? Proof of work (proof of grinding)?

Online games give gold to their users liberally as positive reinforcement for playing the game. That's probably not compatible with a strict minting schedule constrained by a proof of work system.

Also, making it super easy for gold farmers to cash out probably isn't great if you don't want large gold farming groups affecting the game economy and making it harder for legit non-gold-buying players.

Re: Evercoin: A cryptocurrency exchange platform

#63

This 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…

thanks. we're working hard to earn trust from the community we want to serve.

Re: Evercoin: A cryptocurrency exchange platform

#64
Hi everyone.

I am Miko from Evercoin and I'm happy to answer your questions.

The People Behind EverCoin

I'm happy to see people on this board looking at our service with suspicion, this is normal and the community needs to protect itself from scammers. We do show our own faces and linkedin profiles on the front page of our exchange. Yes, it is possible that people are just using the identities of others. We are obviously not so prominent or famous but I do have a number of fairly prominent people in crypto who could vouch for us or who have met us including general partners at Pantera Capital, Jackson Palmer, originator of Dogecoin, Robert CEO of ZenCash, Zooko from Zcash and many others. I know these aren't necessarily the gods of crypto like Vitalik Buterin, but I havent met him so he can't say if I'm a real person or not. I am one of the organizers of the SF Advanced Crypto Asset Trading group and Crypto Underground meetup, so 3500 people in that community know who I am at some level. Anyhow, I welcome the suspicion, I hate scammers as much as anyone and feel like everyone who asks you to "send bitcoin to this address" deserves to be checked out. I've been in Silicon Valley for 25 years working in tech.

Check out our Linkedin here Miko (me) https://www.linkedin.com/in/mikomatsumura/ Talip's linkedin is here https://www.linkedin.com/in/talipozturk/ Yasin's https://www.linkedin.com/in/yasin-tamer/ Ahmed's https://www.linkedin.com/in/ahmet-alptekin/ Ismael's https://www.linkedin.com/in/ismaelkose/

Talip created the open source project Hazelcast. https://github.com/hazelcast/hazelcast a github based Apache open source licensed project with over 24,000 commits and 143 committers.

Honestly, we are a BRAND NEW service, so there are very few reviews. Here is us on Product Hunt https://www.producthunt.com/posts/evercoin Here is our Blog https://blog.evercoin.com/

We need to get more reviews. it will take time to become a trusted and reliable member of this community, we get it. We will keep working hard to earn your trust.

If you want to see our offices, this is what it looks like: https://cdn-images-1.medium.com/max/800/1*5NMG03OXtNCUzXnKYj...

Meet us better on this blog post https://blog.evercoin.com/meet-evercoin-exchange-4506f897545...

Happy to answer any other questions you all may have.

How to start As with any crypto service, start small. Just try a very small transaction to see how the system behaves. It's a fully functional system, so you'll immediately get the feeling of that. And yes, do your homework.

Re: Evercoin: A cryptocurrency exchange platform

#65
post #61

Oh, 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…

Btc-e was was not based in the US and see what happened?

I don't actually. Tell me what you think happened with BTC-E. I'm aware of the recent headlines but I feel like it's way too early to know the whole story.

Re: Evercoin: A cryptocurrency exchange platform

#66

Oh, 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…

>> except subject to the arbitrary and Orwellian US financial regulations! abiding by those seems to be the only recipe for long term. Otherwise you're talking about living in interesting times. Never know when or how they come for you

Widespread global liquidity on an in invisible commodity that has high demand all across the world is a complete game changer.

In the very long run, I think state funded consumer protection organizations will become obsolete. I only hope we can educate consumers as quickly as we've created the networks. Otherwise, a lot of people will get hurt.

Either way we live in interesting times.

Re: Evercoin: A cryptocurrency exchange platform

#67

A noble attempt, but without supporting Monero you're not supporting fungibility and privacy. I hope this is an oversight that you'll correct.

This is Talip@Evercoin. Yes we are currently working on adding Monero. Should be ready in a week. Thanks for the feedback.

Re: Evercoin: A cryptocurrency exchange platform

#68

High fees, no good coins, bare bones functionality. Why would I use this when there a dozen better products that do this and more?

This is Talip@Evercoin. We will be adding more coins over time starting with Monero in a week. We think support matters a lot. We want to make sure we are quickly reachable via anonymous chat on the website when needed.

Re: Evercoin: A cryptocurrency exchange platform

#69

Sure, let's just hide the fees and not tell users they are getting taken. How about some transparency?

This is Talip@Evercoin. We have mainly two kinds of fees. Miner/Network fees, which are fixed and can be listed (and we will). Second one is our fee, which is dynamically calculated based on multiple parameters such as our reserve, market trend and recent transactions. It is basically a risk calculation. We can and should say that on our FAQ but not sure if that is going to be 'transparent' enough. Btw, we are a new service, we need feedback from the community to know how to make our service better and time to get them done. We are committed to become better. So please keep the feedback coming.

Re: Evercoin: A cryptocurrency exchange platform

#70
post #36

Earlier quoted context omitted.

I was originally testing BCC to BTC, so it looks like it depends upon what you are exchanging: Shapeshift: 1 BCC -> 0.06773499 BTC Evercoin: 1 BCC -> 0.06682701 BTC

Maybe someone should build a Kayak for Bitcoin exchanges, that picks the cheapest exchange for each trade...

Writing the formula for you

1) pick the cheapest exchange 2) sell at expensive exchange price 3) add commission 4) add network fees

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