Bitcoin Forum

Edit: After their official reply They might be running a shady scam Becarefull!

They have a secret shady fees (below) and it was changed just after 1 day of this thread , Saying that it was changed a month ago and they just didnt update their fees page or their customers huh ? :P . Please becarefull im searching now for TRUSTED bit-X users to confirm how much They were allowed to cash out from the ATM 70% or 90% From their balance in one single transaction, Even if im sure bit-x will send soon some guys to proof thier side 90% ;)


BECAREFULL FROM THE BIT-X CARD CAUSE :


In order to cashout from ATM , every transaction amount must be less than 70% (changed to 90% after posting this thread :P And still shady ) Cause 10% of your balance will be locked now.

BIT-X LISTEN PEOPLE ARE NOT STUPID AND THEY KNOW YOUR DIRTY 70% OR 90% PLAN .




EDIT: Read the bit-x funny reply : "Here we go again. Moderators, this is just a spam thread please delete .

The 70% limit is to prevent cases of fraud and to make sure each transaction goes through (with the relevant fees to be paid).




HAHHA  70% Of my money to prevent cases of fraud And to make sure my transaction goes through  HAHAHA What a joke! ;D   ;D  ;D

Also : Bit-x Please note That this is a free Discussion forum and anyone have the right to expose SCAMS or shady fees  ;) !




Edit:

I was the reason to increas their limits and to stop their shady scam, i think now im done here.

Note: Still you can only use 90% of your MONEY! so its up to you, to use this company.

Thank you All.


Tip: 12fugikkyFdPF6FDFCoa4ExzMt86JmDaLA

Here we go again. Moderators, this is just a spam thread please delete.

The 70% limit is to prevent cases of fraud and to make sure each transaction goes through (with the relevant fees to be paid).

Here was my reply to the last post of yours:

Bit-x Please note That this is a free Discussion forum and anyone have the right to expose SCAMS or shady fees  ;) !

Absolutely, neither of which you are doing.

only allowing the 70% of the total balance per transaction would be annoying for the people needing to withdraw all.

I really do not see the rationale behind this rule. I can't imaging that fees would take up all that much of someone's account balance.

If they are concerned that the sell order is going to move the market too much then their order book is really not very liquid because I have been able to sell 10+ BTC on the coinbase exchange in the past without even moving the market at all (and they are nowhere near the size of the largest exchange).

I don't buy "fraud prevention" as a reason why 30% of an account holder's balance needing to be tied up as being legitimate

Yep, That really made me angry, and the worst part i was going to buy it without reading the full bit-x rules  >:(  ,   F****k.

You will get an official answer from Bit-X, I've asked them to clear things up here. :)

I will be the first one to read the official answer from Bit-X to clear this unfair CRAZY rule!

Seems like a way for them to scam

so much red text. I've never ran into a problem with the 70% limit so I'm not too bothered by it, but i look forward to the official reply :)

How?

If they will scam, they've done it quite some time before. They're operating for over a year now, so I don't think that they are really into scamming people.

But for real, that 30% tied to your account for legitimacy is annoying.

Enjoy my new rap song about bit-x .

At any given time you should be able to access 100% of your funds, seems shady

That's not "a way for them to scam".

You do have 100% to your funds at all times. However for debit card transactions, the maximum in one go is 70%.

You are still misleading people ok lets me help you to calculate the fees:

You said he have 100% of his funds at all times. than tell me :

Lets Say i have 100USD and i want to withdrawl all the money (urgently) how much you think i will get from the atm ? also dont forget the ATM usage limit and also tell us about the money that will always stay in the bit-X account Cause if we are able to use only 70% than there will be always small money left what bit-x will do with it ;) .... and because i know you have a tiny brain i will reminde you about the atm fees .....

I'm sorry. Can you explain how you're prevented from withdrawing all your fund?

1-Go to wherever, purchase 64$ of stuff.
2-Go on cellphone, withdraw BTC balance. (36$)
Request get processed.
100% withdrawn.

Where exactly did you get scammed or at what point was your funds locked?

WHAT THE FUCK ARE YOU TALKING ABOUT ?? (Drunk as fu***k??)


Edit: this was a spam reply (repoted).

So to use this card people need to factor in 30% plus fees?  I think the idea is hoping people use the card and forget about the 30% just like giftcards make most the money in unspent funds. Might be the same setup,30% does seem a little to rich for the reasoning.

Looking forward to a response.

If you urgently need $100 withdrawn, you will have to deposit $130. With the remaining 30% you can spend another 70% or withdraw it as BTC.

I understand now from this reply who you are and what u are trying to do, but anyways first lets see and answer your above reply :

70% OF 130USD  =  91 USD  AND NOT 100 USD So i will not be able to get 100usd OR EVEN 90 USD . Why you cant get even 90 USD ? cause of ATM fees.  :-*

Now lets see you have ignored most of questions in my last reply like always ;) i will reminde you :

1 - ATM usage limits !

2 - tell us about the money that will always stay in the bit-X account Cause if we are able to use only 70% than there will be always small money left what bit-x will do with it  ;)

 8)

 

There should be something like an "Emergency Withdrawal" wherein the person would need to withdraw all his funds. There can be a security measure as well for such Emergency Withdrawals that can prevent any unauthorized activity or fraud.


If the 30% restriction is for the case of fees, then there can be an initial deposit (like many companies have wherein the user has to pay an initial deposit to pay the fee) and then the person can withdraw the entire balance as he has already paid the fees.

Sir you are too stupid that i cant even find words to reply to you, but (i will try) :

How could you believe a stupid lie about fraud preventing (on bitcoin) using a 70% rule ? and haha i can hardly reply i swear im suffering anyways look:

u made me laugh when you said "security measure" to withdrawl MY BITCOINS, Do you mean like paypal ? if so even paypal dont do that on thier mastercard or even payoneer, neteller, skrill .....; (70%  ;D kidding me ? ) . and also you've forgot about the ATM daily Limits  ;D


People like you are the reason for the next blockchain scampages. (i think now i need some leads and a good smtp).

My mistake about depositing $130 to have $100 withdrawn.

@bold: You're right as you seem to be sick. Get well soon as you're just trolling.

Actually im sick (suffering) from replying to people like you , and if you think all this is a troll than yes im trolling .

You are also spamming. Purposely replying random things.

Your card let you spend BTC on your balance. Its not a prepaid gift card. I'm even surprised people are actually getting confused by what you're saying.

You just using available funds from your balance, you're limited to 70% debit SPENDING in one transaction, you can do whatever you want with your BTC balance, its not locked you can add or withdraw to it.

I'm not sure why a spammer such as you is still around.

SO you think from your crypted reply above you made everything clear ? if so please stop soomking weed and think of a good religion anyways:

1 - You said im a spammer please explaine what kind of spam im doing ?

2 - You said Your card let you spend BTC on your balance ?  thank you for telling us that i didnt know i thought my card helps me to buy drugs or something :P

3 - You said Its not a prepaid card.  Have you even read what we are talking about ?  ;D

4 - you're limited to 70% debit SPENDING in one transaction ???  i dont know what to say but i will just make my self stupid and say : That what we are talking about and that the problem thank for your note  ;D


And finely you said in a wierd way I'm not sure why a spammer such as you is still around.   What ?? ??  :P ???

I'm sorry, i assumed you were from a developed country where people commonly know what a Debit card is.

The concept of a card that let you spend money contained within an account balance isin't a new thing. If you don't understand how it work, i welcome you to read up instead of spreading FUD. Which is what i meant by spam.

https://en.wikipedia.org/wiki/Debit_card
https://bit-x.com/guide/bitx-cards

From what I understand, Bit-X is a totally legitimate service and you can always send your coins back to your wallet and access your funds a different way.

Stop spamming. I already told you. The rest isint locked you can withdraw it. It's not hard to understand. Move on, please.

Well you mention it here;


Reply supporting that you can't withdraw in that post here;


And here:


Which is where i said you missed the point, you don't have 100USD on the card, you have BTC. Which you can withdraw normally regardless of using the card or not.

Are we done playing? I would really feel bad for marco if he had to pay me for these posts.

I don't even understand the need for this discussion.

Even with old-style flat currency banks,
you can have one million $ stored in your accunt
but your credit card will still have daily/monthly spending limits.
And limits in the amount that can be withdraws from a ATM. Etc.
You can't withdraw one million in a single operation from a ATM.

That's for your safety so in case one steals your card and password,
they can't empty your account very quickly.
Which leaves you a chance to lock your acount and limit the damage.

Sounds like a pro bank statement. This is not the same thing as you mention.

You got the most crazy stupid Reply ever (off-topic) , First you said :

1 - "Even with old-style flat currency banks your credit card will still have daily/monthly spending limits"   WHAT ??? Simply OFF-Topic. cause we are not talking about daily/monthly ATM spending limit, Please next time read the main page.

But ok i will make my self stupid and say : Would You please give us an example of known banks that gives thier custemors ONLY 70% from there balance to spend in a single transaction .

2 - You said "You can't withdraw one million in a single operation from a ATM your safety so in case one steals your card and password"

Are out of your minde??  JUST WHAT THE FUCK ARE YOU TALKING ABOUT ?  

- who said we want to cashout 1000USD in a single transaction ?? have you even read the main page ?!!

Hi point0,

The limit was actually 90% per transaction (for the past month or so), it wasn't updated on the guide page correctly until recently. We apologies for the the confusion.

Here's a little explanation:

The '90% of a user's balance' limit per transaction acts as a safeguard (for BIT-X) against unknown future exchange rates (with the high volatility Bitcoin is known to have), especially so for large transactions. ATM/POS terminals require a near-instant (tenths of a second) response, otherwise a time out will occur and the transaction will be denied. This would be the case if more than 90% of a user's balance was available for a single card transaction (at the moment of authorization we do not know the exact amount that will be needed for the conversion so this 10% gives some room for changes in the exchange rate and fees).

If you have a 10 BTC balance in your BIT-X account, all 10 BTC is available through card spending however as is clear in the card rules (https://bit-x.com/guide/bitx-cards), each transaction cannot be larger than 90% of your total balance. In transaction #1 you can use 9 BTC through the card, transaction #2: 90% of 1 BTC through the card and so on.

At all times, your entire balance is available to you for any other uses, be it for a trade or or withdrawal!

All card rules, limits and fees can be found by reading through: https://bit-x.com/guide/bitx-cards

And please, don't try to extort us:

https://i.imgur.com/zLzd8mF.png

Regards,
BIT-X.com

This was the most shady reply and i confirm that BIT-X is a scam or Controlled by shady people.


First you said ; "The limit was actually 90% per transaction (for the past month or so), it wasn't updated" .

OK, First how could an important rule like this wasn't updated a month ago or so ;) ? Second thing here is a poof that you are misleading people :


Last reply (yesterday) from "marcotheminer" confirms that he talked to you (bit-x) And said that he have been told this limits will be increased (Proof) :


http://s13.postimg.org/rp5p23vqv/image.png


Now here an other proof from "marcotheminer" Enjoy:


http://s17.postimg.org/acjxm52nj/image.png



And of course you will say "marcotheminer" is a crazy man and didn' know about this change and we didn't told him anything, ok here is a proof from one of your users confirms this :


http://s2.postimg.org/v65lkp395/image.png


And yea you will say , we dont know that guy and he looks crazy right ok ?


Just yesterday the rule has been changed ( But Huh! i have printed the page yesterday cause i was waiting for a shady reply) look :


http://s7.postimg.org/69hb88fxn/image.png


Why this rule was changed yesterday just after my thread ;)  huh?


Now after all this proofs im really waiting for a legit reply to explaine why are you guys running a shady scam and please respect members (THEY ARE NOT STUPID) , Dont tell them 10% of there balance will be locked for fees problems  :P they will laugh at you, and they will search for more proofs so becarefull!


Now for the last part when u said dont  extort us :

That was my signature address and i have all the right to post it whereever i want to collect tips , we all do this so please try an other thing  :P also people will read the full thread and they will find other funny Shady words about you Bit-X , Plz Dont Scam us.

The 70% limit wasn't updated, it was 90%. This has been more clear (obviously).

i wonder if bit-x made an announcement prior to the change of limits or any email sent to their debit card users

Good point thank you  8)  and im going to expose this company more , cause i know they are scammers with dirty plans!

Just look at all these Shaddy replies Omg! all of them just lies, i have never seen anything like this .


But wait i will expose them with more i will find some bit-X users to confirm if all there transactions were under 90%, and this will be a Shot to the head .

I don't think an email/announcement is necessary if limits are raised (if there isn't one, users aren't at a disadvantage (in my opinion)). I'll let them know that they should announce more often.

EDIT: Done, messages sent and replies received.

Why don't you guys use e-coin instead? small fees and you have access to all your funds at all times https://www.e-coin.io/
They support multiple local currencies as well

Yes im using E-coin and i love that company , but all i wanna do is to expose this evil company , im angry at them because they misleaded me on thier main thread :P

They provide prepaid cards. For some users, that's just fine. However for those that do not mind a little extra in fees for convenience and security, they can opt in for a debit card like Bit-X's or Xapo's (BTC is converted when you make a transaction not before).

Edit : Becarefull, a reply above was deleted by "marcotheminer" see above for a quote (Thats an other proof  8) ):

And here is an answer :

You didn't get the point (like always) and the funny part you are still replying here but ok;  the main reason for any company to be legit and trusted is telling the truth, we are not playing hidden games like telling people the sunny part and lets them find the hidden side, people have the right to know evey single rule or shady fees, Stop thinking that all people are stupid, and show some respect plz.

I deleted it because I didn't want you to start yet another petty argument. Too late I guess.

If you don't like Bit-X's policies, don't use their services. Quit bitching here about it.

Im using E-coin, and im protecting members from these scammers and if you dont like that you can Go F***K your self my friend :)

Also im going to run a huge posts about them in every forum on the internet related to bitcoins. And again you can Go F***K your self  :)

Oh no, i wouldn't want you to poof a shady scam.

-A transaction limit is common use. A % one work much better than a flat one.
-It only apply to the debit card in a single transaction. It does NOT apply to your funds.
-It does not in any way prevent you from withdrawing your funds. In case you forgot, your funds are in BTC, not $.

You can still deposit to or withdraw the entirety of all the BTC contained in the wallet.

/thread

Yeah they have a High fee as compared to other bitcoin debit cards , each time you make a withdraw and ~2 $ is deduced from the card.
moreover if you Transact or withdraw in other currency then there is even more charges. :(

Yep not just high fees (its not a problem for me) but they have Something called "Shady fees" .   ::)

I guess shady fees are Just to conceal your Identity and preserve your anonymity anywhere you spend $ on the globe moreover anonymity is the spirit of bitcoin.

Your guess is wrong ! And wow! what you've just said is a minde blow HAHA!! please are you alright ?? open your minde and read my above replies, thank you anyways .

I was the reason to increas there limits and to stop their shady scam, i think now im done here.

Note: Still you can only use 90% of you MONEY! so its up to you to use this company.

Thank you All.

congratulations for that achievement, but I think that issue could have been raised in a proper manner and like a professional not like this. you acted like a child who wants a candy but cant get it and start crying. but again congrats for the achievement. move on and lock the thread if you are done with your games here.

Yes, We cry for candies cause they are sweet, as well as your mama's pussy :) Sheeps like you are the reason for companies like(Bit-x) to keep their scaming activities , and i think from your posts and your profile pic...... i will not say more ;) .

True, and thank you for replying to my thread .

There's no limit on withdraw, you can get all your BTC back. The limit is on only debit transaction. Not on your BTC balance.

He was talking about  The limit on the debit transaction , Stop misleading people  8)

He says "need their money" you can have your BTC back in full at any time. Are you done FUD'ing or did you finally come up with your proof?

More proof !? lol anyways Wating for bit-x users to confirm the recent requist, also i think noone is using this shady company! So i will just stop here .

You never brought any proof at all. But i guess there's no point in debating it. You can deny bit-x properly pay out and tell everyone who say so are liars but that doesn't make it the truth.

You can tell everyone they scam and steal BTC but then you would just be calling me and trusted users liars if i/we tell you Bit-x have never stole BTC from us at the very least so far.

So ultimately it looks pretty legit as i been getting my payouts there and taking them out weekly. When requesting BTC out, it takes a few seconds to get accepted, then confirmed so far.

Oh yea? Than if you are so sure why are you angry ? and have you read the recent pages (for proofs) ? and also lets the readers jugde your shity company not you or me.  8)

Did someone get verified to get high withdrawal limits? I stuck with "basic" verification already more then a month. Bit-X support told me 3 weeks ago their bank have to approve me. Last e-mail of me a few days ago is still unanswered.

I think this is not the right thread for your issue with Bit-X Debit Card. Try send a private message to marcotheminer or BIT-X.com so they can help you out. You may also post your query on this thread [ANN] BIT-X.com | Bitcoin Debit Card | No Monthly Fees! (https://bitcointalk.org/index.php?topic=1006153.0)

marcotheminer (https://bitcointalk.org/index.php?action=profile;u=147773)
BIT-X.com (https://bitcointalk.org/index.php?action=profile;u=377945)

This is a brief explain about Bit-x Debit Card and as you can see, we still can do withdraw all our balances.

The main topic on this thread is about "The Limit on Debit Card spend changed from 70% to 90%". idk the detail, but it seem bit-x changed to 90% because of this thread.

Either 70 or 90%, the both rules is to prevent any loss from only 1 transaction with debit card.



You need to PM macrotheminer (https://bitcointalk.org/index.php?action=profile;u=147773) or BIT-X.com (https://bitcointalk.org/index.php?action=profile;u=377945) from bitcointalk.