ok, lets see what happens. Can you pm me a beta code invite thingy?
that's done - sent you the link to request the code. Thank you for your support! |
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this is definitely something I think that is needed in order for bitcoin to strive in the future. More atms would help also.
Interested to see how this pans out. I am in the states but hopefully some more of our mates in england give this a shot
fully agree. The whole idea behind this is to make BTC easier to use, so that not just IT-savvy guys like you can transact in it, but someone's granny, too. Bitcoin ATMs are great, love using them even just for the feel of the act,hope more of them keep coming up, the one drawback is the exchange rate. Unfortunately we cannot send cards to the US addresses due to regulatory limitations (imposed on the card issuer). Which does not mean the card cannot be used in the US - if you live elsewhere and just travel to the States, the currently available USD one is the best choice |
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As for proof that the company won't be disappearing, I am not sure what kind of proof that could be - can anyone actually do that?
Most legitimate companies have more to lose than to gain by disappearing, because of a variety of reasons, the most important one being accountability. Im not yet convinced you could be held accountable if you decide to run one day. But here is a thought, again based on escrow: put a non trivial BTC amount in escrow, to be released to you after x months, or to be used to compensate victims if you turn out to be a scam. In the line of business you're in, you should be able to afford more than a symbolic amount for this. thank you for your thoughts and suggestions - all is very reasonable and to the point. We will surely look into such possibility. Meanwhile, we are still in beta, so, need to get some of you guys to try the service and share your thoughts - what is good, what needs to be changed, etc. Doing that on small amounts - there is no risk for anyone. After all, we have our risks too, especially once the 'buy' functionality is enabled and users are allowed to buy BTC using credit cards (this alone could be worth a separate topic!) |
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good question presented. Lets waiting the creator of the topic to explain guys, we don't yet know how this forum works, as well as you do, so, posted in 2 threads not being sure which one would be more suitable. Happy to use either one. as for "apparent scam", apparent is a very strong word. Something is only apparent when one has seen or experienced it. Until then, it is only an assumption, however well argued or grounded. Happy to discuss further - in this thread or the other one, as we do want to gain your trust and acceptance, however difficult it is with a newbie status in this forum. Let's try to keep it constructive though, sharing arguments, not just negative statements and accusations. |
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demo ? proof ?
beta version. Some functionality is not enabled yet, but you can create an account and order the card to start with |
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Hmm, a private GoDaddy domain registration (whois data hidden) from 21-Oct-2014 and email etc handled anonymously at google.
I very much doubt such a company would be legit and able to deal with VISA ...
Anyone feel like doing a "hardware vendor" quality check on them to see if they are legit?
well observed will have our tech guys look into this, thank you for pointing it out. Also, quite a few more questions seem to have been raised and addressed here: https://bitcointalk.org/index.php?topic=917350.0;all |
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BTC <-> VISA is not a new idea, it's just something that not even the well known BTC companies have been able to do yet, so you need to provide a LOT of details and why YOU are able to do this when others cannot.
^^Wise words your GRACE....^^ please, test us. Give us a chance - try creating an account and ordering a card. Read through the Legal and FAQ sections on the web-site and feel free to ask any questions here or via e-mail. Unless they touch upon sensitive information which we cannot disclose, will be happy to answer. In the end, only action and delivery can be good enough proof, lots of details can be made up if someone wanted to run scam |
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Well actually I think there is something way more simple to consider here.
If you 'could' supply VISA cards payable with BTC you would make a fortune doing so on even a small margin.
That is quite simply obvious.
It would give the general BTC community a way to be able to pay for anything with BTC.
So I put this forward for this very reason.
Seriously, you need to provide a few pages of very high level details about your company and the people involved.
Your connection with VISA, your company history, your proof that the company won't be disappearing and details about where ALL the funds go and how the VISA cards are funded.
Not hidden web domains and anonymous google email servers.
If you cannot post those details here in the next 24 hours then it would be quite expected for anyone here to assume it is a scam and no one should be risking their BTC on it.
BTC <-> VISA is not a new idea, it's just something that not even the well known BTC companies have been able to do yet, so you need to provide a LOT of details and why YOU are able to do this when others cannot.
well worded. That is the plan, and that is why the fees are low. As mentioned in another reply, we cannot fully disclose all the sensitive commercial information and partnership details, unless we have an NDA in place, but would be glad to provide anything you find credible. Would our investor slides pack be of any worth, you think? As for proof that the company won't be disappearing, I am not sure what kind of proof that could be - can anyone actually do that? It is not a new idea, you are right. Most ideas have existed by the time someone made something valuable out of them. Thus far, bigger competitors are only taking pre-orders, whereas our card is ready to order and ship. Will you be at Bitcoin Expo in two weeks? |
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Thats funny, you have the same profile as me  (your link is incorrect and points to the edit page of whoever clicks it) As for escrow, I was thinking something simple; I (or someone else) puts a smallish amount of btc in escrow to be released to you only after the card arrived, is funded and used for said amount. So you'd have to prefinance it, but I see no other way for you to begin establishing some credibility. Note that this wouldnt prove a whole lot, just that you can deliver and fund working prepaid visa cards, but then I could probably do that too. It doesnt guarantee you wont run off one day, but at least it would be a first step. the linkedin link is corrected now, sorry about that.. Let's discuss your escrow idea via e-mail? On that note though, who can guarantee the won't run off with your coins one day? Until the industry becomes regulated, it will be based on trust, as the bitcoin protocol itself. But even regulated companies closely observed by FSA and other watchdogs do that every now and then, don't they?.. Try ordering the card, try playing with a small amount - guess that should be the way forward. Same as suggested to @s1lverbox, happy to meet at the Bitcoin Expo in London - will you be there? |
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22/09/2014- incorporated in this date. So took them only 3 months to tied up themselfs with visa, crypto exchange, and now advertising this here? not quite sure why you are so negative about our service. I look after technical side of the project and can address your concerns. re Visa: we don't deal with Visa directly, we work with card issuer bank (the name of the bank was given in previous posts) and card issuer deals with Visa re your previous FCA regulations question: as you probably know bitcoins are not regulated in UK (we are uk company) and we don't hold any client's accounts, so we don have to be FCA regulated re 3 moths and crypto exchange: whats wrong with that? for professional developer it should NOT take that long to integrate rest API in working infrastructure our team has a lot of experience developing FX trading platforms in investment banks (Barclays Capital, Morgan Stanley and BNP Praibas), 2 of our members are MBA Cass graduates so they know to do business please let us know if you have any concerns or questions What a nonsense you trying to sell? I did asked clearly what exchange after you load coins to card will exchange that to fiat and load to card issued by you? BTC to card>>>BTC landing in exchange>>>Exchange selling for fiat>>>>>Exchange loading Fiat to bank(card issuer)>>>card can be used!!!How its even possible that any UK bank did give you thumbs up for dealing with crypto? Your team? Your website showing nothing more than just nice graphics and photoshoped card. You have no details filled in companys house, no history and no info about YOUR TEAM. As a financial institution you have to be regulated by FSA. dosnt matter if you have UK customers account or not. None of this nonsense add up. Post your team diploma, make a quick snap of your office, post landline phone number. do anything to validate your business. because for now 2 newbies trying pull fast one. 3 month period was given to show you that you joker as hell. Even your domain expires soon. why hiding who is data? Not keeping up with your new questions coming... Will deal with them FIFO.. Many websites are showing less than that these days. Especially the newly launched ones. We have concentrated on pulling the technical side of things and making the partnerships with card issuer, bitcoin exchange, banks, etc. You can see the linkedin profiles in this post, if that helps. The process chain you have drawn is not entirely correct, and I'm afraid, we cannot disclose such information in full detail, as it is commercially sensitive and is the essence of the business model. Can only repeat that we have an account with the VISA card issuer, and clearly, no such partnership would be possible if there was something wrong with the company. No details filed with the Company House simply because there are no accounts we are obliged to fill as yet. This is a startup, and luckily UK laws don't make it a nightmare for new companies to get going. Bitcoin regulation is most probably coming in one form or another, as you know, but at the moment, there isn't any. So, we are not regulated by FSA as yet. However, like most other companies in the similar field, we are anticipating such regulations and make sure we comply with all KYC and AML requirements, sanctions lists, etc. As a fintech startup, we do not run a physical office yet - there is no need. Will be happy to invite you once we have grown the next stage when it does become a necessity. Landline phone numbers will be history soon. 3 months may sound like a joke, agree with you, but that's the reality of today - it is hard to survive being slow. It's been more than 3 months since the inception of the idea, by the way. Once again, I do understand your concerns, and the fact that it will take time to prove our worth here coming from a new post made yesterday to acceptance and respect by the community. Would you be available to meet at Bitcoin Expo on January 24-25? And you are most welcome to try the beta - the card is only $1, not much to lose to prove us wrong or right |
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thank you for some support, it really helps - this forum is proving to be a tough place. Here is my linkedin profile, hope you find it credible, too: uk.linkedin.com/in/georgysokolov E-coin is not listed in the profiles yet for the simple reason that we would first have to prove ourselves in places like this. Will be glad to talk to you about escrow and other ways we could co-operate in, or simply just to earn some credibility from a trusted member of the community |
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There are no details anywhere. Details you should have are the company name and full registration details. The fully verifiable names of the company owners and the historical contact address details of the company. To have such a card you must be dealing with VISA and VISA will not allow some random anonymous internet scammer to deal with them. They will require such details also. You expect people to give you BTC with a zero trust rating, no posts on this forum and all details about your company and web site hidden. Seriously - you think anyone WOULDN'T think it's a scam? Totally see your point, mate. I wouldn't trust my money to someone I don't know. Hence, this post and this whole discussion. You can see the company details here: http://wck2.companieshouse.gov.ukCompany No. 09228951 Or here: https://www.duedil.com/company/09228951/e-coin-trading-limitedOr here: http://companycheck.co.uk/company/09228951/E-COIN-TRADING-LIMITEDWill be happy to PM more details to you and would appreciate if you could check them and post in this forum once all your questions have been answered. To have such a card we can be dealing with Visa directly or with an official Visa card issuer. The latter is the case for us. You are absolutely right in that neither would deal with a random internet scammer, so the actual fact that the card is being issued and shipped is proof of the opposite. May I suggest that you give it a try? It is only $1 during beta stage, and not free only for the reason that people don't treat free stuff seriously. Also, would be happy to meet you at http://bitcoinexpo2015.com/ later this month. Hope I've addressed your concerns best as I could |
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OK, tell me who actually giving credit to those cards? What bank or institution is that?
Who is operator and can use Visa logo?
Where are you based?
It's a debit card, not credit. Gibraltar bank. If you want full details, can send via email. Of course, the Visa logo is there because it is a proper Visa card - no difference from a usual one. E-Coin Trading Limited, based in London, UK Where in london u based? Please provide full details. That's shouldn't be a problem as you should be transparent. Full details please post here openly. Visa debit should be marked with debit dont you think? Did i missed something?: Card can be loaded with coins and used worldwide. So obviously someone exchanging coins for credit. If this is UK based business why u exchanging for USD? Why your domain expires in next 10 months (2015-10-21)? Full details can be found here: https://www.e-coin.io/legalThe card is clearly marked as Visa debit (see above), not sure I got you question.. Exchange of bitcoin into fiat is done via an official online exchange Based in the UK does not mean focused entirely on the UK. At this (beta) stage only USD nominated card is available, GBP and EUR are work in progress Domain - well spotted, I didn't even know, also work in progress, will point that out to the relevant person to sort out |
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OK, tell me who actually giving credit to those cards? What bank or institution is that?
Who is operator and can use Visa logo?
Where are you based?
It's a debit card, not credit. Gibraltar bank. If you want full details, can send via email. Of course, the Visa logo is there because it is a proper Visa card - no difference from a usual one. E-Coin Trading Limited, based in London, UK |
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does it even work?
I guess we will have to wait for someone to try it out. Just to be clear, this is the same as buying a prepaid card right? Yes, similar to prepaid card, but not such a limited one - more like a debit card (valid for 3 years) which you can load with your coins in a couple clicks |
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does it even work?
Yes, available to order and already being shipped. Got one in my wallet. Would you like the invite to try it out? (needed while in beta stage) |
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Hi, A new service has been launched, which issues Visa debit cards linked to bitcoin wallet. The cards are available in USD, EUR and GBP. Delivery within Europe - 5-10 days (usually quicker), worldwide - depending on local post. BTC transfer into fiat on the card is immediate. For more detail, please visit: www.e-coin.io  As suggested by the Hero Member (Puppet), adding all the details about the debit card to this initial post so that everything is in one place and easier to find.Current price of the card: $17 or 0.06BTCList of countries where the card can be ordered/delivered to:Aland Islands Albania Andorra Anguilla Antigua and Barbuda Argentina Armenia Aruba Australia Austria Bahamas Bahrain Barbados Belgium Belize Bermuda Bhutan Bonaire, Sint Eustatius and Saba Bosnia and Herzegovina Brazil Brunei Darussalam Bulgaria Canada Cape Verde Cayman Islands Chile China Costa Rica Croatia CURACAO Cyprus Czech Republic Denmark Dominica Dominican Republic El Salvador Estonia Falkland Islands (Malvinas) Faroe Islands Finland France French Guiana Georgia Germany Gibraltar Greece Greenland Grenada Guadeloupe Guatemala Guernsey Guyana Hong Kong Hungary Iceland Indonesia Ireland Isle of Man Israel Italy Jamaica Japan Jersey Jordan Kazakhstan Korea (South) Kuwait Latvia Liechtenstein Lithuania Luxembourg Macedonia, the former Yugoslav Republic of Malaysia Maldives Malta Martinique Mauritius Mayotte Mexico Moldova, Republic of Monaco Mongolia Montenegro Morocco Netherlands New Zealand Nicaragua Norway Oman Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Qatar Reunion Romania Russian Federation Saint Barthelemy Saint Kitts and Nevis Saint Lucia Saint Martin (French part) Saint Vincent and the Grenadines San Marino Saudi Arabia Serbia Seychelles Singapore Sint Maarten (Dutch part) Slovakia Slovenia Somalia South Africa Spain Suriname Sweden Switzerland Taiwan, Province of China Thailand Trinidad and Tobago Turkey Turks and Caicos Islands Ukraine United Arab Emirates United Kingdom Uruguay Virgin Islands, British Please DO NOT order a card if your country is not on the list Card limits: If you want to increase the card limits, please, contact support@e-coin.ioSome of company credentials:Recent article on http://CryptoArticles.com: http://www.cryptoarticles.com/crypto-news/e-coins-bitcoin-debit-card-is-ready-to-ship-to-customers-worldwideE-Coin participation in the recent BitcoinExpo 2015 in London: http://bitcoinexpo2015.com/startup-show/http://wck2.companieshouse.gov.ukCompany No. 09228951 https://www.duedil.com/company/09228951/e-coin-trading-limitedhttp://companycheck.co.uk/company/09228951/E-COIN-TRADING-LIMITED |
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Hi, A new service has been launched, which issues Visa debit cards linked to bitcoin wallet. The cards are available in USD, EUR and GBP. Delivery within Europe - 5-10 days (usually quicker), worldwide - depending on local post. BTC deposit into the card is immediate. For more detail, please visit: www.e-coin.io The card price for the Beta period is a nominal $1 or equivalent in BTC. e-coin Easy Bitcoin Investment |
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Где гарантия, что это не фейк?
Пришлют тебе карточку с чипом (себестоимость 20 центов, за пересылку потребуют заплатить)
Сгенерируют тебе адрес для депозита. Ты переведешь туда битки - и давай, досвиданья.
вопрос хороший, сам по себе. Ответы следующие: 1. Любой биткойн кошелек генерирует адрес, соответственно, в теории, ваши опасения можно отнести к любому кошельку и/или любой бирже. Тем не менее, система работает, и построена она как на глобальном доверии (как вся система биткойнов), так и на формальных моментах, таких как регистрация компании (E-Coin Inc. зарегистрирована в Великобритании, ссылка на Legal) и пр. 2. Себестоимость карты - не 20 центов (к сожалению!) За пересылку платы нет, за исключением случаев, когда клиент запрашивает экспресс-доставку. В период работы бета-версии платформы себестоимость карты существенно превышает ее стоимость на сайте. 3. Функция покупки биткойнов пока неактивна (в бета-версии), но будет запущена в ближайшее время. Тут уже озвученные вами риски будут относиться к нам, т.к. в теории кто-то может купить койны с помощью кредитки, а потом отменить транзакцию. Однако планируем введение поэтапной верификации, когда лимиты и кредит доверия для пользователей будут увеличиваться по мере роста количества транзакций и формирования репутации. Собственно, и вам можем порекомендовать потестировать на небольших суммах - на то она и бета-версия. 4. В разработку платформы вложены значительные средства, масса времени и усилий потрачены на выстраивание сотрудничества с банками, биржами и пр. - просто нет смысла заниматься такой ерундой ради одноразовой "наживы". 5. Тем не менее, вопрос резонный - готовы обсуждать открыто и непредвзято |
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