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by marcusswanepoel
Fri Dec 04, 2015 11:09 am
Forum: AMA - Ask Me Anything
Topic: We are Marcus & Timothy, co-founders of BitX. Ask us anything.
Replies: 38
Views: 80373

Re: We are Marcus & Timothy, co-founders of BitX. Ask us anything.

Will BitX add any other crypto currencies to the exchange?
If there is enough demand (i.e. at the Bitcoin level) for it, we will consider it.
by marcusswanepoel
Tue Dec 01, 2015 5:47 pm
Forum: AMA - Ask Me Anything
Topic: We are Marcus & Timothy, co-founders of BitX. Ask us anything.
Replies: 38
Views: 80373

Re: We are Marcus & Timothy, co-founders of BitX. Ask us anything.

Hi Guys,

Why is BitX not paying the proper exchange price when convertion to or from Rand. When I transfered funds into Bitcoin recently I got less bitcoin for the Rand than the rate that was paid by BitPay. On investigation I found that the BitX price is inflated. Your agents just said they don't ...
by marcusswanepoel
Tue Dec 01, 2015 5:19 pm
Forum: AMA - Ask Me Anything
Topic: We are Marcus & Timothy, co-founders of BitX. Ask us anything.
Replies: 38
Views: 80373

Re: We are Marcus & Timothy, co-founders of BitX. Ask us anything.

Hello Marcus, Hello Timothy

I was re-reading Antifragile by iconoclast thinker Nassim Taleb recently. He writes "Never ask anyone for their opinion [...] Just ask them what they have -or don't have- in their portfolio" I have come to think it's a very relevant question and you can better weight ...
by marcusswanepoel
Tue Dec 01, 2015 3:10 pm
Forum: AMA - Ask Me Anything
Topic: We are Marcus & Timothy, co-founders of BitX. Ask us anything.
Replies: 38
Views: 80373

Re: We are Marcus & Timothy, co-founders of BitX. Ask us anything.

Hey guys,

I remember the pictures of the bank with bitcoin options that came out, it seemed that soon after snapscan took off in a big way locally.

Is snapscan using bitcoin / blockchain technology and if so, can you elaborate how that works?
How is bitx connected to snapscan?

Hi there

As far ...
by marcusswanepoel
Tue Dec 01, 2015 3:06 pm
Forum: AMA - Ask Me Anything
Topic: We are Marcus & Timothy, co-founders of BitX. Ask us anything.
Replies: 38
Views: 80373

Re: We are Marcus & Timothy, co-founders of BitX. Ask us anything.

Hey Guys

I have been testing a number of debit cards issued by various exchanges but all are denominated in either USD, EUR or UK pounds and there is usually a 3% exchange fee when I use them locally in SA. When can we expect you to release a debit card linked to BitX and with a Rand currency ...
by marcusswanepoel
Tue Dec 01, 2015 2:24 pm
Forum: AMA - Ask Me Anything
Topic: We are Marcus & Timothy, co-founders of BitX. Ask us anything.
Replies: 38
Views: 80373

Re: We are Marcus & Timothy, co-founders of BitX. Ask us anything.

Hi there.

I'd like to know what is being done to push adoption of Bitcoin into Africa? I'll only speak within the realm of bitcoin that I primarily use: remittance. I use BitX(slick update this year :)) for remittance between Europe and South Africa, yet I find that it can sometimes be more ...
by marcusswanepoel
Tue Dec 01, 2015 1:54 pm
Forum: AMA - Ask Me Anything
Topic: We are Marcus & Timothy, co-founders of BitX. Ask us anything.
Replies: 38
Views: 80373

Re: We are Marcus & Timothy, co-founders of BitX. Ask us anything.

Hi guys, thanks for coming and doing the AMA.

When I first learned about BitX the focus at the time I think was in South Africa. Can you tell me more about how that part of the world is (or isn't) embracing Bitcoin? Is it hard to get banking relationships, how is the local market, etc? Also ...
by marcusswanepoel
Tue Dec 01, 2015 1:13 pm
Forum: AMA - Ask Me Anything
Topic: We are Marcus & Timothy, co-founders of BitX. Ask us anything.
Replies: 38
Views: 80373

Re: We are Marcus & Timothy, co-founders of BitX. Ask us anything.

Jaime! You should just ask us in person... :)

It's a good question, and in our view a 'when' rather than an 'if'. We'd like to say that the turning point will be when banks realise most of the so-called 'blockchain' initiatives are a waste of time. But more realistically, it is likely to happen ...
by marcusswanepoel
Tue Dec 01, 2015 12:41 pm
Forum: AMA - Ask Me Anything
Topic: We are Marcus & Timothy, co-founders of BitX. Ask us anything.
Replies: 38
Views: 80373

We are Marcus & Timothy, co-founders of BitX. Ask us anything.

Hi everyone

We are Marcus Swanepoel and Timothy Stranex, co-founders of BitX.

We originally started as a company called Switchless which built the first fully-integrated Bitcoin system for a major multinational bank, way back in 2013. But we very quickly realised the banks were (and still are) too ...

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