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sumantso

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Concern regarding BIT-X.com
« on: June 19, 2015, 09:35:53 AM »

There has been some concerns that BIT-X may be running a long con, and quite a few people have raised suspicion about it. Since CNX is in a partnership with them, I assume BM and co. have properly vetted them and have talked to them personally? I raise this issue as in case they indeed turn out to be scammers it will cause irreparable damage to the BTS brand.

Offline Ben Mason

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Re: Concern regarding BIT-X.com
« Reply #1 on: June 19, 2015, 09:44:24 AM »
Do you have any more detail on the concerns?

Tuck Fheman

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Re: Concern regarding BIT-X.com
« Reply #2 on: June 19, 2015, 10:03:03 AM »
There has been some concerns that BIT-X may be running a long con, and quite a few people have raised suspicion about it. Since CNX is in a partnership with them, I assume BM and co. have properly vetted them and have talked to them personally? I raise this issue as in case they indeed turn out to be scammers it will cause irreparable damage to the BTS brand.

Source?

http://www.ifsc.gov.bz/licensed-service-providers/list-f/


Offline ccedk

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Re: Concern regarding BIT-X.com
« Reply #4 on: June 19, 2015, 10:45:41 AM »
There has been some concerns that BIT-X may be running a long con, and quite a few people have raised suspicion about it. Since CNX is in a partnership with them, I assume BM and co. have properly vetted them and have talked to them personally? I raise this issue as in case they indeed turn out to be scammers it will cause irreparable damage to the BTS brand.

Feel free to direct any concerns to me in a private message, and I will be happy to help get answers to any questions these many people as you say  may have provided there is a solid reason for them to be raised in the first place!

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Offline xeroc

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Re: Concern regarding BIT-X.com
« Reply #5 on: June 19, 2015, 11:53:19 AM »
.. so why not discuss them publicly then? I prefer the public approach
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Offline ccedk

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Re: Concern regarding BIT-X.com
« Reply #6 on: June 19, 2015, 12:09:26 PM »
.. so why not discuss them publicly then? I prefer the public approach

also no problem but have no time to deal with third party "I heard without any proper bearings or docs confirming stuff like this" sort of threads, I hope that can be understood. Have already seen my share of that.
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Re: Concern regarding BIT-X.com
« Reply #7 on: June 19, 2015, 12:16:54 PM »
.. so why not discuss them publicly then? I prefer the public approach

also no problem but have no time to deal with third party "I heard without any proper bearings or docs confirming stuff like this" sort of threads, I hope that can be understood. Have already seen my share of that.
Sure .. thx  for being as responsive as you are already .. +5%
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sumantso

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Re: Concern regarding BIT-X.com
« Reply #8 on: June 19, 2015, 01:18:35 PM »
All I want to know is if BM and co have made sufficient research before getting into partnership with BIT-X.com

The concerns I've are without proof and mostly based on circumstantial/hand waving arguments, but there is no harm in getting it clarified.

Offline vikram

Re: Concern regarding BIT-X.com
« Reply #9 on: June 19, 2015, 05:45:32 PM »
All I want to know is if BM and co have made sufficient research before getting into partnership with BIT-X.com

The concerns I've are without proof and mostly based on circumstantial/hand waving arguments, but there is no harm in getting it clarified.

As far as I'm aware our partnership is with CCEDK and not Bit-X, so moving this to the new CCEDK subforum.

Offline bytemaster

Re: Concern regarding BIT-X.com
« Reply #10 on: June 19, 2015, 05:55:45 PM »
If anyone has any verifiable knowledge that someone we are working with is unsavory then please make a case.   I am assuming that Ronny from CCEDK has vetted BIT-X.   

For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

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Re: Concern regarding BIT-X.com
« Reply #11 on: June 19, 2015, 07:05:50 PM »
If anyone has any verifiable knowledge that someone we are working with is unsavory then please make a case.   I am assuming that Ronny from CCEDK has vetted BIT-X.

 +5%
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sumantso

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Re: Concern regarding BIT-X.com
« Reply #12 on: June 24, 2015, 03:34:39 AM »
If anyone has any verifiable knowledge that someone we are working with is unsavory then please make a case.   I am assuming that Ronny from CCEDK has vetted BIT-X.

 +5%

So BM is vouching for someone named Ronny who is vouching for BIT-X? BM, I hope you're not building all these partnerships based on assumptions only.

Offline bytemaster

Re: Concern regarding BIT-X.com
« Reply #13 on: June 24, 2015, 06:23:31 PM »
If anyone has any verifiable knowledge that someone we are working with is unsavory then please make a case.   I am assuming that Ronny from CCEDK has vetted BIT-X.

 +5%

So BM is vouching for someone named Ronny who is vouching for BIT-X? BM, I hope you're not building all these partnerships based on assumptions only.

We are working with people who want host a wallet and keep the users in control of private keys and/or perform bridge services.   BIT-X is the provider of nano-card, a working product.   

People call BTS a long-con as well.  Every single player in the space has these accusations thrown at them.   

I only have access to what is public and what these individuals tell me.   If I cannot trust what they tell me, then I only have access to the same information as everyone else.

I am not performing criminal background checks on every potential customer.
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Tuck Fheman

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Re: Concern regarding BIT-X.com
« Reply #14 on: June 24, 2015, 06:26:51 PM »
I am not performing criminal background checks on every potential customer.

That sounds un-American.  ;)

 

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