So I guess I'm still kind of confused. Once you pay an issuance fee to get the card and preload it, does it automatically convert it to fiat, or just hold bitcoins and then whenever you purchase something it takes the USD amount in Bitcoin out of your coin base wallet? Also is it possible to keep loading your card by just depositing bitcoins in your coinbase wallet of your choice?

Honestly, there is no point in trying to buy goods or services there for any reason whatsoever with Bitcoin, if you don't know how to follow steps to avoid being linked. I've never personally delved in trying to find places that sell drugs or whatever because I personally don't endulge in that kind of thing, but even if I did, I still wouldn't because it's a very sketchy place to be roaming around.

Now using Tor is beneficial in other aspects of just remaining anonymous and not using your own IP address, and I use it quite frequently, just because I like my security. If someone was planning on buying something from the deep web that's illegal they would have to consider lots of stuff to make them remain anonymous. Bitcoin doesn't use ring signatures, so the address you send from is public. If you bought Bitcoin using your bank account, then that's like inviting some dark web monster over for a game of chess.

You have to consider how you bought your Bitcoin (preferably cash), what wallet your sending from, what address you use, the IP address your under through Tor, etc etc. just way too much trouble for what it's worth (a temporary buzz)

Yeah that's a very good point regarding people wanting to hold bitcoins for their increase in value. I guess what I was assuming is that if you were to find a an asset backed debit card company you could trust, you could essentially store bitcoins on your debit cards "account", and as the value of bitcoins go up, the more purchasing power with fiat you have on your debit card. But since you would hav to trust that whichever debit card company to not steal your bitcoins, and the fact that you wouldn't be in complete control of them, would turn a lot of people off from doing something like that. Guess I now just realized that.

This is a really cool concept, just now have found out about this. But what are some ways we can take time to verify the winner our self for each drawing. I would look at the site my self and enter a drawing, but I'm currently away from my home computer right now.

Looking forward to playing though, you have made a lot of good games, and I'm sure this one won't disappoint either RHavar.

I think there are no real ways for dice sites to "scam" you by altering something with the probably fair script. They usually have the script available so you can test it out and everything. I just think that people say they can scam you when they make it seem like they have a very secure and reliable API and then one day when you log in all your funds are gone.

I would think that he means "sports trading" as in daily fantasy sports. I have yet to find a good site that uses cryptos for betting on fantasy teams, but I would be really interested in trying something of the sort. I think something like that is a great idea.

lol, Spoetnik... your trolling antics never ceases to amaze me.  It's really entertaining to keep reading your butt hurt over another altcoin that goes against your precious pre-mined Dash.

Anyways, as for the story, doesn't this go against US jurisdiction? How is it really possible for them to arrest someone that is out of the country?  Is it because the US and the Thai's are allies?

Yeah this is a very good point about trying to find sites that use moneypot.  Hopefully as time goes on, more online casinos will be forced to use this type of API system since it seems to be the most trust form handling money on a gambling site.  Of course, since there are only a couple sites that use this system, it's not to say that sites that don't use moneypot are scam sites; but as time goes on, there will be a need for these sites to evolve and use this API system in order to remain "credible".

This is true when you are considering buying goods or services online.  But hopefully as more time passes on, more merchants will be accepting bitcoin in some sort of way so you would be able to buy goods at a store in real life and not have to worry about trusting that person to give you the good since you are right there.  The problem that comes from this, is that everyday purchases of goods will come with more micro transactions on the block chain and start having the capability to start maxing out a lot of blocks.  Maybe there will be a good proposal that can fix these types of issues.

In a way though, using escrows are somewhat a paypal'ish form of transaction that helps make sure you get the good before they allow the funds to be deposited into their account.

Personally, I don't think this as a "game" per se, but I think that it would be beneficial if this kind of promotion was developed or implemented in a site that gives users binary options.

People like to invest in real world companies, currencies, and assets, so maybe sometime in the future there will be an option for people to use monero for investing purposes like Bitcoin... Rather than only speculation and investing purposes of other shit coins on poloniex.

Edit: I know this is not a game too, but also it seems like people are wanting to load anonymous debit cards. I think monero would be the ultimate anonymous way to fund a debit card. I'm sure there are tons of other cool games to promote monero, but I think these would be really cool applicable tools that will help promote XMR.

Well I guess I get what your saying. I just like the concept of the card in general though that uses a lot of security measures when someone tries to buy something with the card. But I see in multiple threads where people want a quicker side chain for faster micro transactions, why not just stick to the original Bitcoin protocol, use Bitcoin as assets, and allow visa to work as the Lightning network? I know they charge small fees, but there are bigger problems to face when the devs change the whole structure of bitcoins block chain in general.

Do you have a suggestion on how to fix this problem? I'm just more interested in how to attract local businesses to think about accepting Bitcoin, and the fact of the tx limit is not a very good selling point to any body.

Wow, see now that's awesome! Thanks for sharing! And yeah, it would be beneficial to not have a third party system that uses lets say visa. Hopefully more development will take place on this card. Any ETA on it's release date?

I guess so, but in my mind, I think the true purpose of Bitcoin is to be without a bank. Of course Visa, MasterCard, and others would act as a third party in a way, but they aren't a bank, just an easier and faster payment system. I'm not saying people should go stupid with it and keep all their eggs in one basket by using a debit card as a wallet in general; but rather to store some extra coin away there for the added benefit of being able to actually use your Bitcoin for everyday life, and everyday life transactions are usually always micro transactions.

I'm not quite sure I follow... There are already asset backed debit cards that are backed by major credit/debit card companies. The real difference between the different kinds of cards you can get is whether they hold the asset until you purchase something with the card then change it over to fiat, or whether when you deposit say bitcoins in they are automatically converted to fiat and then you just have a normal debit card without a bank.

Sure, I definitely know it's a revolutionary new currency that acts like digital gold. I completely understand that, and the fact that it's based on internet usage. But what if you are somewhere with bad cell phone service and need to get some gas? There just seems to be multiple possible downfalls with the mobile payment system that Bitcoin possesses right now which is why you don't see any merchants accepting Bitcoin. It's not fast like what it needs to be. I know debit/credit card companies are the face of the modern fiat system, but why not let them help us out in creating a faster payment system that uses our currency that acts like gold, but can be transferred digitally to wherever we want in the world for pennies? Seems like a win-win to me.

http://bitcoinist.net/apple-pay-statistics-far-promising-bitcoin-global-alternative/

True, but I think apple pay along with apple in general is going to hit a rough patch here pretty soon with trying to act like Google, along with thinking about putting out an iPhone product that doesn't have a universal head phone jack and makes customers use only Apple headphones... Speculative, but I digress.

I think for an easier mass adoption, people have to be introduced with something that is familiar with them and "dumbed down" in a way. It would be very easy for potential customers to by coins and send them to an address on a debit card without necessarily a worry about private keys and that sort of thing. Plus, people just like tangible things. Taking a card out of their physical wallet to swipe is the human subconscious thing to do now.

Sure maybe in like 10-20 years it will all be QR code scanned, but I think the problem right now in the immediate future lies in confirmation times, and having a debit card that is backed by a currency/asset like Bitcoin seems extremely beneficial IMO.

I have been thinking about this for a while. There seems to be some hope on here that in the future, that when you buy something from a merchant, that the businessman/woman will give you a QR code which you then scan and pay via mobile payment. There seems to be an underlying problem here with this hope for the future, in that, if you use bitcoins like that for everyday micro transactions, along with a larger adoption rate, blocks will be maxed out and will take forever to be able to confirm. This is not a beneficial way for you or the merchant to handle business.

However, if you supply an asset based debit card with Bitcoin that has a reliable debit system in place like visa or master card, then there will be the benefit of spending your bitcoins, along with fast micro transactions.

I still have yet to get my own Bitcoin debit card for this purpose, but am interested in what people think if they have tried it, and what they think the future of spending your bitcoins may look like in everyday transactions.

I've always wondered why a majority of people on here think that Bitcoin is some magic internet voodoo money that you can only earn online. Yes, I know I'm in a signature campaign, but that is only to help out a little bit and not to be used as a legit source of income. People need to realize that Bitcoin is a very real currency and you should take into account that in order to make "money" with Bitcoin, you should get a real job and set aside a small percentage to slowly but surely buy more and more Bitcoin with each pay check. Not all work has to be done online.

I have never really wanted to invest in altcoins in the past because I felt that mostly everyone of them took bitcoins protocol and put some random quirky name to make people interested in it. As more time went on, there were more coins that were found to be instamined or ninjamined which made me really steer away from altcoins in general because it gave all altcoins the branding of "scam" or "shit coins". Not to mention the awfully senseless PoS coins...

Then one day I stumbled upon Monero and the cryptonote protocol about a half a year ago and really got interested in the project. I like the fact that they have literally started from scratch on the code and is continually improving the code everyday. It seems to me to be the only genuine attempt to make a totally brand new digital currency that functions like cash... I know some people on here are yelling at their monitors saying that there are other coins like dash that did it first, but the problem is that it wasn't fairly mined which automatically brands it in the "shit" category in my mind.

Even though it's not a very valuable coin right now and has been declining in value ever since I started investing when it was around 60 cents per coin, I'm still confident and continue holding. I don't have an extraordinary amount, but every now and then I will snag a couple to store away.

With Casascius coins, or any other coins for that matter, this is impossible because the holographic tape is tamper proof and you can tell if the tape has been peeled off or not.  But still a rather funny story though, even though pretty weird how he randomly just got your number like that.