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I would really like to know how someone can predict that Bitcoin price will rise exactly in March. Does he have a cristal ball or something?
At the moment we have more or less stable price but many are disappointed because they have expected 20000$ already. Market is very unpredictable and you can analyze some trends but you can't know for sure how the price is going to be in a month or two.
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From my point of view it looks like the breach of rules was solely on the end of WaveCrest.
They broke the rules, it's clear. What are the rules? Which rules did they break? Of course, I agree they may have broken rules, and that if we knew what they had done we might all agree that they did something wrong. However, we have no idea what exactly they did and neither Visa nor Wavecrest is speaking publicly to the issue. Wavecrest has our identity documents, btw, so if they are Bad Guys, it would be nice if Visa told us some details. An old saying comes to mind: "Rules are there for a reason, and the rulers know what that reason is".  A lot of ordinary people wanted to use those cards. Visa doesn't want them to, perhaps with our best interests at heart, perhaps not. Anyway, I've hogged the review thread too much. Sorry! I miss my Wavecrest-issued cards, but some of the others will do for now. I don't think that Wave Crest are the bad guys or that our personal data are endangered. In such cases nobody would open and public speak what terms are exactly broken, that is some business ethic and they will both try to keep their business reputation. So, the exact reason we will probably never know. |
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I don't think any MasterCard is using Wavecrest. Only AdvCash did and they went down. It was expected after the shut down of their visa program as well. Either there is a crackdown again crypto-supporting pre-paid cards or (most possibly) Wavecrest was not compliant with EU rules and she went down.
wavecrest weren't satisfying visa's rules. that's the reason they got shut down. there was also new regulation in gibraltar that passed on january first relating to crypto but i'm not sure whether that's directly related. as there is no other eu based visa issuer i'm wondering whether wavecrest were the only ones brave enough to try it or dumb enough to ignore something. it can't be visa as a whole as cards are still possible in america. Regulation in USA and Europe often differs so I beleive it's something that is unacceptable according to EU laws. On the other hand really it's hard to beleive that someone would jeopardise so harsh their businesses knowing on heavy consequences. In general, very strange situation. |
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Just to share my experience with Mistertango.
I use it for couple of days now and the card is working fine, it's accepted everywhere so I'm happy with that.
Still I'm not happy at all with Bitcoin exchange rate. Currently the price at Bitstamp is around 11000$ and Mistertango is exchanging at lower than 9000$. This is not fair.
That is the reason that Xapo was much better and you didn't have to exchange your coins immediately, especialy not at such unfavourable rate.
So I hope that Xapo will be able to provide Bitcoin cards with new provider very soon.
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I don't think they have ever been a threath to fiat and to banking system. Bitcoin and cryptocurrencies have totaly different platforme and they don't tend to replace fiat currencies. Some users would like that but in real life this is not possible.
There is realy no need to give attention to such statements.
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Bitcoin could be great way to introduce finances to young people, to teach them how to earn and save money, get some financial responsibility and get aware of all risks.
It's also the opportunity for them to have their own money and feel some independence but also to know their own limits.
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To my opinion yes, we need some kind of cryptocurrencies banks. I think the gap on the market that we have now because of Bitcoin debit cards withdrawal cleary shows that. The first financial institution that establish Bitcoin bank and all related services will have great success.
And existance of Bitcoin bank doesn't mean Bitcoin centralization, these could be two totaly different things.
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When people can't explain the Bitcoin price movement than they always make some conspiracy theories like this one that Wall Street is manipulating the price.
This is not true and has nothing to do with reality, Wall Street doesn't have power over Bitcoin.
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Got my card yesterday. It arrived prety fast, after about 10 working days. I founded it with Bitcoins, smooth, fast and easy.
Looking forward to try it, hope that everything will function well.
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Cant believe such a HUGE market s being uncovered for such a long time. What a market niche this is.
I couldn't agree more. Such profitable market, and market of the future I would say, and that nobody hasn't developed some back up strategy and reserve options, hard to beleive. And I still beleive those bitcoin debit card services had some information before all this issues with Visa and Wave Crest have happened. They must have known something. |
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It seems Advcash has just closed down their cards program due to the same issue with Wavecrest.
I guess we have no more working crypto cards ATM.
I don't like that situation at all. Something has gone terribly wrong. Still I don't believ this is a special war against crypto. What about Mistertango, are they still operating? It's MasterCard. I have ordered it and waiting to arrive. Hope it wasn't for nothing. |
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I think this issue will be solved.
Maybe not so soon as we all would like to but Bitcoin debit card is a quite big and profitable market, no matter what some say, and it's in best interest of service providers to continue to offer such service to their customer.
And I don't think this is some kind of war declared to Bitcoin or cryptocurrencies in general but business issue.
But according to my knowledge Advcash is still providing the service, they have MasterCard not Visa. Or am I wrong?
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I'm not holding their side but Coinbase alone can't be the only one to blame for high fees. Or can't be even blamed at all despite some problems, poor support or Segwit implementation.
High fees is much more complex problem than this. Not everything could be so simplified.
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Maybe you have wrong inputs, that is why the outcome so your prediction is wrong.
Or maybe you are too much under pressure and too eager to gain the profit and that is why to make rush decisions and get disappointed. Try to losen a bit and also with time comes the experience and better results.
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No one can't know for sure.
Besides I don't think we should be so obsessed with such predictions, they are just additional pressure but there is no use of them really. It's better to have the strategy to adjust the current situation while waiting for market to recover.
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VISA has banned prepaid debit cards for many bitcoin providers.
He has mentioned Mastercard, not Visa. Don't know if that is by mistake or it's realy MC. In latter case it should be functioning. Anyway, if the provider is Wave Crest they have broken their partnership with Visa and all Bitcoin debit cards are suspended so you can't order a card. Try with Advcash or Mistertango they are still working. |
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I think you have answered to yourself. Yes, buy more Bitcoin, ETH and LTC, now is the moment when the price is lower. Don't waste the money and time on countless useless altcoins.
Those are all good coins with excellent perspective for the future if you ask me. Don't sell, just buy more, as much as you can afford.
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Nobody can do that. Taxing bitcoins is impossible because bitcoin is decentralized so who will get the tax? Governments? Nahhh... The exchanges and the regulators maybe they can get tax with them but to bitcoin holdlers is just impossible.
This is not quite true. Bitcoin transactions and profit from them are already taxed in many countries. Maybe Bitcoin itself as a coin can't be taxed, or in a very hard and unefficient way, but the income that you get from it can. It's written in many existing laws in many countries. You have the duty to report Bitcoin trading income to your tax authorities. |
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Obviously this is not possible or nobody hasn't tried something like that. Maybe not so many bitcoiners using Skrill.
In the meantime I found some new solution so I will be not using Skrill for that option.
Will lock this thread.
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There is no use in regret, don't feel sorry for the opportunities you have lost.
You can't know what it would be if you have made the different decision so don't think about it anymore. Move on and think what could be done in the future and how could you avoid mistakes in the future. Don't live in the past, there is no use of it.
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