Bitcoin Forum

Economy => Service Discussion => Topic started by: cosmicblue on February 27, 2017, 01:07:04 AM



Title: Anybody hear of newage-bank? Offering bitcoin credit cards loaded automatically
Post by: cosmicblue on February 27, 2017, 01:07:04 AM
Just heard of this site:
https://newage-bank.com/

Can't find any information on them because they started just on Feb 27th today.
There faq sheet doesn't work too well so can not see where they are and if they are a registered company and for what country.
If they can send you a bitcoin credit card funded by what you send to the them.
They are also giving you 35000 satoshi on the debit/credit card for signing up from what I read quickly on their site.


Title: Re: Anybody hear of newage-bank? Offering bitcoin credit cards loaded automatically
Post by: thebatletbet on February 27, 2017, 07:11:09 AM
I think youre use signature is support use card, in buy bitcoin
if majority creadit card not support use buy in bitcoin because high risk about carding, is support must use high verified ID


Title: Re: Anybody hear of newage-bank? Offering bitcoin credit cards loaded automatically
Post by: Henkkaa on February 27, 2017, 08:33:55 AM
Wouldn't it be logical that nobody has heard of them since they just started a day ago? If the credit isn't tied to fiat, I don't see a how this business could work. If bitcoin price rises, I don't think people are inclined to pay back their debts to the company. This is the exact reason BTCJam and such failed. Even though they had DOX of the people who took loans, that didn't stop them from defaulting.

If I wanted to use bitcoin in my everyday life, I'd much rather go for a debit card than a credit; overspending is bad for you anyways.


Title: Re: Anybody hear of newage-bank? Offering bitcoin credit cards loaded automatically
Post by: olubams on February 27, 2017, 08:43:34 AM
Just heard of this site:
https://newage-bank.com/

Can't find any information on them because they started just on Feb 27th today.
There faq sheet doesn't work too well so can not see where they are and if they are a registered company and for what country.
If they can send you a bitcoin credit card funded by what you send to the them.
They are also giving you 35000 satoshi on the debit/credit card for signing up from what I read quickly on their site.

Since they are new then not a large percentage of the community wuld have heard about them but at the same time if any site is coming to the already saturated market then there should be no room for any flaws, and they should be on top of their game right from the first day of launch which is not the case in this website as you have rightly noted as the most basic is not even gotten right. For me, I would rather take my time before patronising such site...


Title: Re: Anybody hear of newage-bank? Offering bitcoin credit cards loaded automatically
Post by: NeuroticFish on February 27, 2017, 08:47:32 AM
Wonderful graphics, some useful info, a lot of advertising and... no visible company info.
And the about us is just advertising of the products...
From what I see it's a wonderfully packaged nothing. For now I wouldn't risk sending one satoshi in that direction.


Title: Re: Anybody hear of newage-bank? Offering bitcoin credit cards loaded automatically
Post by: ethereumhunter on February 27, 2017, 10:33:11 AM
i am not heard anything about newage-bank and this is my first time to heard and see. if they really offered to give bitcoin credit cards then it should be a good news for us because we can loaded our money in that card. i think its a type of investors that we should invest some money to them and they run their other service.


Title: Re: Anybody hear of newage-bank? Offering bitcoin credit cards loaded automatically
Post by: mobnepal on February 27, 2017, 12:45:30 PM
https://newage-bank.com/cards
Quote
NEW AGE
BEGIN
EXPIRIES
30 days
PURCHASE PRICE
0.005 BTC
 
ACCRUALS
Every second
TOTAL INCOME
0.01 BTC

This is enough to tag them as just another scam. Doubling bitcoin in 30 days  ;D What a crap


Title: Re: Anybody hear of newage-bank? Offering bitcoin credit cards loaded automatically
Post by: SONG GEET on February 27, 2017, 01:32:24 PM
At first glance, they look like another bitcoin debit card provider but they are just another scam doubler. Don't get lured by their few free satoshis. SCAM ALERT


Title: Re: Anybody hear of newage-bank? Offering bitcoin credit cards loaded automatically
Post by: avatar_kiyoshi on February 27, 2017, 02:16:22 PM
Obviously scam. Ponzi mode with using frills bank.
Here's their Ann thread: https://bitcointalk.org/index.php?topic=1806134.msg17991344#msg17991344
Their btctalk account already have red trust.


Title: Re: Anybody hear of newage-bank? Offering bitcoin credit cards loaded automatically
Post by: cosmicblue on February 28, 2017, 04:14:59 PM
Wouldn't it be logical that nobody has heard of them since they just started a day ago? If the credit isn't tied to fiat, I don't see a how this business could work. If bitcoin price rises, I don't think people are inclined to pay back their debts to the company. This is the exact reason BTCJam and such failed. Even though they had DOX of the people who took loans, that didn't stop them from defaulting.

If I wanted to use bitcoin in my everyday life, I'd much rather go for a debit card than a credit; overspending is bad for you anyways.
It is logical but putting it out there is even A MORE LOGICAL thing to do. ::)

And with the information provided I have done what I needed to know and not put one more thought into this obvious ponzi scam site. Offering double your amount back is a sure tale sign they are not substantial in their proposed business model.
Doesn't even say which credit card house they are getting these cards from.
So they are just phishing for fools in a barrel to join them and send some satoshi their way.

Nice script site cloaked in pretty graphics and presentation as Neuroticfish pointed out.
Stay away.
Locking thread.
Thanks to all who gave some proper advice on this, expect for the oh too good for anybody else response towards  a valid question about a "new site" to the fold of the ponzi scheme game. :P