Coinbase has also done apps great job on their website but bitcoin process is a bit lengthy circle can wear you out. Just verify yourself or whatever and you apps instant purchases. Hopefully it will get fixed in a few days. Please consider leaving a review in the App Store. For domestic purposes, however, it does not appear review outperform Venmo or Square Cash according bitcoin user review. The net result is that the company makes 6 cents for every pound it converts to dollars. It seemed circle good to be true.
The purchase experience was ok, a little long but I guess since I was a first time user. Then they closed my account citing a Terms of service violation. Dwolla was a startup nobody knew about until it because the easiest and quickest way for those with a U. Type My Portfolios Public Portfolios. Circle has received more than 30 public complaints. Coinbase allows you to buy, sell and store bitcoin, ethereum, litecoin.
Tried signing up with Circle some hours ago. IO, and would have been if my bank didnt notice before they drained my account. What is a Bitcoin Hardware Wallet? I lost my money! Been holding my money for near a month.
The funds already donated will be spent on some sort of advertising, as intended. As of now, If you have ideas for the remaining BTC, see here for more info. I think people are still salty about Circle Circle was so easy. Everything verified within minutes. Now with coinbase I've verified everything besides my card.
Just keeps giving an error message and support is worthless of course. When billed by coinbase it comes from the UK and my card autodeclines the transaction every time from US. I think they're experienced site problems atm. Super laggy and lots of stuff not working. Hopefully it will get fixed in a few days. This reminds me of Dwolla, when Mark Karpeles was using a personal account to manage Mt. Now Dwolla is just a less evil PayPal. As far as the comparison Dwolla was a startup nobody knew about until it because the easiest and quickest way for those with a U.
After they booted Mt. Gox and any other Bitcoin-trading customer , they were able to forge on -- but never saw growth anywhere even approaching the level they had when they were the darling receiving the Bitcoin sunlight.
Circle can do what they want. Just wish they'ld leave quietly and gracefully, and not lighting rage quit fires on the way out. They're not even leaving Bitcoin, are they? It sounds like Spark is supposed to be an open source deal using Bitcoin. And I'm not sure if they're throwing rage quits; they sent an email, had a blog post, and now we wait to see if Spark's worth anything.
The people spinning this as anti-Bitcoin seem to be people who were either looking for easy liquidity, or lazy journalists that thought an article implying they were giving up on BTC is worth more in ad revenue than an article that implies Bitcoin has multiple use cases and Circle is going to try and refine one.
And there have been some other disparaging comments from Circle, not sure if it was Allaire, Aren't they still using Bitcoin to "complete some of God's work" with Spark though? Also, I saw the video that the first link quoted; it's arguably bold to say that the space will change past Bitcoin, but it's a comparison some will make if people want to call Bitcoin the "Internet of Money" someone should make a book about that.
Considering the way the Internet works has changed in the past two decades, one could argue what he said has some validity. I'd like to think that's what he meant, but I can also see why shillers would want to spin that as anti-Bitcoin. Im pretty sure they commited suicide to avoid whats happening with coinbase or because we all knew the price was about to moon.
But thats just what it looks like from way out here. Mayor talking about there code not being good enough? And maybe a rage quit? Im tempted to reinstal and leave a mostly good review but with 1 star since they quit to do Most like they were spending a ton of money in Bitcoin buys and sells as a loss leader to bring in users. They stopped pissing away money but also will have no userbase.
No one "serves bitcoin". Everyone serves their own interests. These might align with what you agree with, and it's totally you're right to believe whatever you think is best for bitcoin. They were the best solution for buying bitcoins for me. I've lost so much in fees to Coinbase since i use debit card. I use a bank account and it's always been instant.
Just verify yourself or whatever and you get instant purchases. I've been fully veried for years and it still shows bank account purchases as a wait period. Hook up your credit card. It wont' charge it and it'll give you instant for purchases with your bank, unless they change that? I still get instant using my bank account. Ya, I think it required a visa credit card or something like that.
Once I added that I got instant purchases. Nobody does their research. When circle first came on to the scene, I looked up their management team and saw who they were affiliated with prior to this venture. Looks like they were servicing school loans and other high-margin products. Real pillars of society, that. I'm curious what percentage of their business was strictly from Bitcoin users, and how many new users they had coming in to strictly use their money-sending service.
It seemed a little counterintuitive to alienate the core users that you initially based your entire platform on. It's not counterintuitive to them. They wanted people to use Bitcoin to send money, like cash. Core and others have decided that that's not what it's actually for after all. Bitcoin no longer serves their use-case, so they moved on. I think that's fair. I agree in a sense I don't know the numbers, but it looks like their move upset enough of their users to result in a crappy rating on their app.
They have investors to answer to, and there are no revenue generators. They probably closed the app because of they couldn't handle the fraud Every btc service operator knows how massive amount of fraud there can be in bitcoin exchanging business.
And circle accepted even credit cards if I remember right, never used them I used and liked the feature, but its no longer available. As of December 7th Circle no longer allows the option of buying or selling Bitcoins through their services. They are now referring all of their customers to Coinbase. Probably the biggest competition in the Bitcoin marketplace today lies within Bitcoin exchanges, the most dominant being Coinbase and Circle.
The most noticeable difference between Coinbase and Circle are the transaction fees. This is due to several reasons:. The simple design and sleek animation make it appealing and easy to use for even non tech savvy users.
Most websites require some sort of initial verification and until today the process of buying Bitcoins with a credit card was pretty complex. Coinbase has also done a great job on their website but the process is a bit lengthy and can wear you out. The main issue being the fact that you need to verify your back account and sometimes this can take a day or two.
Oddly enough all of these cancelation happened when the price of Bitcoin went up drastically. One user was so angry that he went out and made a website called Coinbase Fraud , this websites shows real live examples of Coinbase cancelling orders when it benefits them due to changes in the price of Bitcoin.
Having said that Circle does a much better job at creating an enjoyable experience just like their website. At times when I needed support from Coinbase and Circle they both seemed to have responded in a timely manner and got my questions answered. After all is said and done, I prefer Circle to Coinbase. Yes, I emailed them and received their canned response. I cannot recommend them, and your experience may vary. I have real problems with identification on exchanges.
If you live in a country other than where your bank is based, it can be really difficult to use coinbase and other exchanges that require identification. What can you do? Guessing we BTC Circle users contributed to their million dollar fundraising. By the way, circle now supports purchasing using a debit card with no fees and allows you to have your wallet be totally in USD so when I issued the ACH transfer to my other bank, it was exactly the amount I paid.
Tried signing up with Circle some hours ago. So much for an allegedly quick and easy sign up process. Last updated on April 25th, at
9 Aug Review: Circle Pay, the cheapest way to send money between countries Other apps allow peer-to-peer payments, but usually through integrations with existing payment services that offer the same poor rates. Circle Pay It originally focused on trading Bitcoin before switching into traditional currencies. Do you trust Circle? Join 10 customers in voicing your opinion today! | wearebeachhouse.com .com. 25 Apr Probably the biggest competition in the Bitcoin marketplace today lies within Bitcoin exchanges, the most dominant being Coinbase and Circle. Today I've decide to test out these 2 Both Circle's and Coinbase's mobile app are pretty intuitive and easy to use. Having said that Circle does a much better job.