@op , how much did you pay for shipping of the card and does it take out btc equivalent from main balance of your account ?
I have seen that they removed the monthly inactivity fee, so i am tempted to try it out as well, but you do need to verify ID to be able to
cashout larger amunts; there's some sort of anti money laundering law which forces it.
cheers
I paid 0.1 bitcoins to CCEDK for shipping and 0.05 to bit-x for activation. I suspect that if I had ordered from bit-x then I would have paid just 0.05 for shipping and 0.05 for activation because that's what they say in their website. Without verification you can spend 250 EUR worth of bitcoins per year. With verification you can spend 2500 euros per year. And then there is some "bank contract" thingy that would hypothetically allow unlimited spending but I don't know anything about its details. |
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The v0.11.0 bitcoin-qt binary for 64bit Linux is 30.2 MB.
Bitcoin Core version v0.10.2 (64-bit) bitcoin-qt binary for Linux is only 13.3 MB.
Why is there such a huge file size difference?
I will not upgrade until someone explains the file size difference. Did the developer leave debug symbols in or what? This is just fishy. |
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aren't the fees very high with that card, isn't the whole point of btc to have low fee? i can see that the monthly fee is free for the first 10k members, but i doubt there is only that kind of fee
i hope that this card is somehow anonymous, maybe under a certain amount as usual
The fees will probably be reduced when the competition builds up. To me it makes a huge difference because I am bullish on bitcoin and I expect its value to rise while the value of my euros decreases over time. I expect bitcoin to rise more than the friction from debit card would lower the value of my coins. Also I like the greater anonymity that comes with such a debit card. |
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The v0.11.0 bitcoin-qt binary for 64bit Linux is 30.2 MB.
Bitcoin Core version v0.10.2 (64-bit) bitcoin-qt binary for Linux is only 13.3 MB.
Why is there such a huge file size difference?
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The bitcoin debit card are useful but the problem is not to have one of those but to have bitcoin in your account. If you will not have the possibility to have continuous flow of bitcoin on your account this debit card doesn't have value. So first must be found the way to have bitcoins and then to have bitcoin debit cards. The first is a big problem while the second I don't think so.
I don't know which part of the world you live in, but buying bitcoins here is very easy. The Europe is full of ATMs and there are many exchange sites. Localbitcoins works very well, I have personally tested it. |
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Interesting, thanks for sharing. Personally I'm a mete HODLER, I don't soeny any of my stash aside from small anlunts gambling with money I get from a signature campaign.
I will be very interested in bitcoin debit cards but not yet, it's way too early for me to start using one. Maybe if we get a solid, trustworthy 100% reliable debit card used by the majorityof bitcoiners I will jump on board but not now whilst it's so rare.
Great to read your experiences though.
I'm also a hodler and that's why I like the power that comes with owning a bitcoin debit card. It's not a typical prepaid card you know. Instead, you have live bitcoins in your account. This way I can convert my pay cheque immediately to bitcoins and hold even less fiat than before. |
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I registered an account in CCDEDK and ordered the bitcoin debit card. I activated the card in bit-x.com for 0.05 bitcoins and transferred 0.2 bitcoins to there for testing purposes. I did not verify my account. Yesterday I went out and was able to withdraw 5 euros from some random ATM and later I bought a 2.8 EUR beer from a pub paying with the bit-x debit card. Everything worked flawlessly, although I was not able to check my balance in the ATM since that operation failed. My bit-x account balance is constantly changing with the price of bitcoin, so this truly is the kind of debit card we have been waiting for. You can now pay with bitcoins everywhere where debit card is accepted. I am not affiliated with the named companies in any way. I am just writing about this because yesterday was a historic day for me and I've been waiting for such a debit card for years. You can now maul all bitcoin sceptics who think that this magic internet money is not accepted anywhere by showing them your bitcoin debit card and laughing at them and their worthless fiat that loses value every day. |
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286 and rising, only 4714 left to go!
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I guess I was one of the ones that didn't get a Bitmessage. I just wanted to let BCexchange know that I probably won't be able to get to creating addresses until the weekend, but I will get to it. Sorry for the delay.
Even though bitmessage initially seemed like a really nice technology and suitable for such use cases, for some reason it just fails to provide reliable service at critical times. I wonder if the Tor or I2P network could be used for communication instead? |
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I requested even more Blockshares but you didn't get back to me for over half a week now. The bitcoin price dropped by 35 dollars during that timeframe. Given that I purchased bitcoin for over 1000 dollar just to purchase Blockshares, I am quite disappointed right now.
I'm just curious. Why didn't you convert your Bitcoin to NuBits? That would have prevented the devaluation you experienced. I personally collected money for over a month and converted it to NuBits while waiting until we had the go ahead to make payment. If I had not done so I probably would have taken a loss. Always hold your crypto wealth in nubits if you cannot tolerate a risk from volatility. ALWAYS! I've done this before and I will do it again. |
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no vat in europe is E X T R E M L Y good news.
I think I will proceed with my bitcoin business then  VAT was the only reason it was pointless to do it earlier because no one would buy +20% bitcoins if they could get it cheaper from bitstamp (without VAT) for example. |
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if i grow the worlds biggest apple by accident on my tree,on my property its 100% mine
if i eat it myself and shit it out i pay no taxes
if someone swapped me a lambo for the apple whats the differnce ,i still acquired value from nothing so i pay no taxes
if i sell it to my neighbour who makes apple jam with it and we sell the jam for $500k i guess we owe taxes
the part im not sure about is when exactly does the government own 30% of my apple ?
is it when its still on the tree ? and the value is as yet unknown ?
is it when its converted to jam ?
does it go by yearly tax dates ?
i cant declare an apple that hasnt fully grown yet as its value is still appreciating etc
that's why we live in a world of very flawed tax laws that are prone to corruption and injustice. Only taxes that can be reliably enforced and could not be evaded should exist. Instead of taking money by force, governments should ask for donations and people should be able to choose in which government projects they donate. For example, I would not donate to the budget of DEA but I would donate to the public education budget. Free market bitch. |
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This. They want you to keep track of price when you received (bought) the bitcoin, and the price you spent (sold in their eyes) at, and that is taxed.
But if you sell your btc for some other altcoin? or you buy btc for altcoins? say, nubits, which are pegged to 1 USD each. |
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Just because you take a photo of your screen does not make it more believable than a screenshot.
This thread is pretty pointless if you only use it to boast about your gains but not give any other information. Who knows if your gains are even real?
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Can the keys be improted with dumpprivatekey and importprivatekey commands?
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people get happy just because the price went up a few bucks. that's sad. i get excited once we're over the $300 level. any movements below $300 aren't worth waiting for.
Well you should be happy now, 310 barrier broken and going up without any signs of stopping  Some people only see what's in front of their nose. That's really dumb but thanks to them people like me can take most of the profit. I saw this coming ever since the weekly parabolic SAR flipped the side 5 weeks ago and that's what made me happy. |
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Rise yes. Parabolic rise not so sure (using a parabolic indicator does not mean that price appreciation will be parabolic...  ). In my opinion we will stabilize first in a $300-400 range for another half year. I expect the next bubble will happen shortly before or after the next reward halving. Same here with the prediction.. $320 is too much for a rise some people might sell their chunks of bitcoin now or next week Maybe 320 is too high, it could also be ~310$. It's exponential extrapolation either way and doesn't conflict with the parabolic rise theory. 310$ broken, 320 not too high any more, is it? |
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What makes this one different from the one around october november that failed to lift off? /not trolling
the fact that TA isn't a 100% truth, it just aim to tell you about the possible direction and that some of these directions may have a better chance to be real than other The most important difference is that last time it only happened on BitStamp so it was completely irrelevant. This time the parabolic SAR flipped on all exchanges. |
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