You can replace with Revolut card. They will be accepting Bitcoin, Litecoin, and Ethereum very soon with instant exchanges to fiat. It will be for premium accounts firstly (8$ per month) You get a IBAN to use within the app. It's something a lot of their user asked and so they decided to add cryptos. So check out if your country is in their list.
Finally, that sounds like good news. Is that definite or is it still something being planned and uncertain? Even if they accept BTC/LTC/ETH, it's still sad to see these card issuers restrict their card operations to Europe or the US. Interesting how they all now compile "lists" of countries they approve of. It's like good guys in and bad guys out. Nice and naughty kids. I like Revolut's option of offering premium accounts and cards. Just sad that I do not qualify for an account. But thinking about it, this is not easy even for their customers. They probably have strict limits and I can imagine they operate like a bank or even PayPal. If you start withdrawing lots of money, they will freeze the account and start asking for documented sources of funds. What would be nice is a bank which exclusively caters to crypto users. There is something exciting being developed in Singapore and it looks promising: https://getchange.comCan't wait. I hope they will make this available to the entire planet. It's already in place https://www.revolut.com/fr/cryptocurrency?lang=en or at least planned in the next following days but I think we can start to use it already. They are in partnership with 2-3 exchanges like coinbase. But you need to be a premium user or referer at least 3 users, and to be a citizen from the European Economic Area  |
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This is very bearish. Bitcoin is dying confirmed.
People love to say Bitcoin is dead since 2013 but Bitcoin is far to be dead. When a cryptocurrency is losing about 20% you can't say it's dead, otherwise, most altcoins died a long time ago so. It will probably go up during the next week. There are several others altcoins going down as well, it's not isolated to Bitcoin. If you can't handle to see a cryptocurrency going down then it's definitely not for you. |
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Because they use a personal bank account and act like if it was a business activity and any decent bank doesn't allow this. They also deal with 4-5 digit numbers making obviously they are operating a business.
Usually, they don't create troubles when you send but can watch out for you when you receive (especially big amounts like I said)
In the UK you're fine, you won't get any trouble like this.
Bitstamp, BL3P.eu, Bitfinex are some where you can take a look at
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You can replace with Revolut card. They will be accepting Bitcoin, Litecoin, and Ethereum very soon with instant exchanges to fiat. It will be for premium accounts firstly (8$ per month) You get a IBAN to use within the app. It's something a lot of their user asked and so they decided to add cryptos. So check out if your country is in their list.
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The prices will recover starting on Monday. No need to worry much about it. I stopped to consider the price starting on Friday afternoon up to Monday. It's often happened, and then when the next week starts, it's like if nothing happened. not long ago the bitcoin price failed by 20%-30% on a Friday, a lot of people were in the panic the whole weekend selling their coins, and from the next week, the price has been stronger than before.
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Thanks guys.
I was sure that it couldn't be a problem so I was quite surprised and in doubt thinking, i did something wrong (couldn't think about something).
I will test again to see but look like better for me to not use it for several reasons (at least for now)
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A correction is when the price decrease by 10-15%, not more. When the price decrease by 50% it's not a correction but a crash, simple as that.
Now, yes a correction is surely going to happen in the next weeks (considering that finally, the price won't increase any more after losing ~$2,000)
Losing 50% value is also possible, if it happens with other cryptos why not with Bitcoin. However, i don't think it's something that could happen within a year.
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The site performance is horrible lately. It becomes very hard to place an order without getting an error message. And you are finally able to place an order you notice that the order has been placed twice. Yesterday it took me more than 1 hour and countless F5 to be able to request a SEPA transfer. Fortunately, it has been sent successfully this morning.
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Yesterday I sent some bitcoins with over 200,000 unconfirmed transactions and it took only about 1 hour to have it credited, and this with a pretty low fee. So don't really look at the number of unconfirmed transactions
And no bitcoin isn't supposed to be an instant transaction method
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Are you verified there? Because if i am not wrong you need to be a verified member firstly after then only you can use a card. There other places where you can use a card but you pay a higher rate usually and still need to be verified according to KYC. Using a bank account is better.
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Try Bistamp, it's a reputable exchange with a decent volume, and rarely see complaints about them (once only).. You can use SEPA there and have not heard about downtime like Kraken. I can't comment on their support as I never needed it. But You won't find a lot of coins to trade there. Another is BL3P.eu I never used it so I won't comment |
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When a website is seized by US Government Authorities, they are required to display it on the homepage from the day one. So when you visit the site you will see a big logo from a U.S. agency telling that Bittrex has been seized... bla bla... article XYZ bla bla
Then if the authorities need to investigate, they get the databases etc and scrutinize it outside, in their own environment
They didn't put up the seizure page when they seized that CP site on Tor. In fact they kept it running for several weeks like nothing had happened so they could catch some of the customers. https://arstechnica.com/tech-policy/2015/07/feds-bust-through-huge-tor-hidden-child-porn-site-using-questionable-malware/Yeah I have read the article and I was wrong. |
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Yesterday I tried to use a Segwit address on Ledger Nano S, then tried to send some bitcoins from an exchange for testing, the site was telling me the address is not valid. Is there a possibility that some exchanges/web wallets don't support these types of addresses?
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Yes, it's the average fee that people are currently paying, especially if you use a web-based wallet or an exchange. It's useless to send 2£ if you pay 5£ in fees. You should take a look at Bitwala if you want to use a web-based wallet and to pay fewer fees as you can set the fees yourself, so paying less or more, or use a bitcoin client.
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It could be somehow, mixed with other things. But I don't think so much this has something to do with it because the price is going crazy for several days already and most of the people are not aware of the Lightning network tested. It's much more about something else
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TransferWise doesn't want to deal with businesses related to cryptocurrencies. I tell you this because I talked with them on chat 1 or 2 months ago and they confirmed this. Better safe than sorry.
The funds are currently in what? A payment processor? Because it's not easy to tell you since we don't where the funds are store. Funds in the usa is not helpful
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Economists love comparing cryptocurrencies to the tulip mania but it can't be compared I think. The tulip mania was 400 years ago and today we live in a totally different world, The Bitcoin ecosystem can't be compared to the past economy and so on.
(Last week I was listening to an economist on TV news trying to say how Bitcoin is bad etc. the guy didn't even know that Bitcoin can be divided. such an economist!)
Internet was also in a bubble in the '90s, look now it's not bad at all, nice bubble.
To create a socially responsible and self-regulated Bitcoin is like dreaming. When it's about money most humans become selfish and think only about their own interests
Bitcoin is now compared to an investment, so people use it as it. And the network fees are not helping in any way to use Bitcoin as a currency.
Nobody will pay 5$ fees to buy the coffee 2$. So people buy bitcoins, but they hold them, don't spend.
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I am doing the same. If you want to laugh it took me over 4 hours this afternoon to transfer some coins out of Kraken. I still have some coins to move from there but will do tomorrow. I don't want to wait too much because honestly, with the current situation it doesn't look good, I won't be surprised if something bad happens to the users.
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