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Author Topic: ------------> BEcarefull!! FROM BIT-X Debit CARD !!- <---------------  (Read 3565 times)
point0 (OP)
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August 23, 2015, 12:19:45 AM
 #61

That's why we shouldn't made something decentralized become centralized because something like this would happen someday.
But, limit maximum withdraw to 70% or 90% is stupid. Sometimes people need their money quickly & don't have time to contact others

I better keep using my usual wallet than any bitcoin card

True, and thank you for replying to my thread .
VirosaGITS
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August 23, 2015, 02:57:06 AM
 #62

That's why we shouldn't made something decentralized become centralized because something like this would happen someday.
But, limit maximum withdraw to 70% or 90% is stupid. Sometimes people need their money quickly & don't have time to contact others

I better keep using my usual wallet than any bitcoin card

There's no limit on withdraw, you can get all your BTC back. The limit is on only debit transaction. Not on your BTC balance.


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point0 (OP)
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August 23, 2015, 12:04:00 PM
 #63

That's why we shouldn't made something decentralized become centralized because something like this would happen someday.
But, limit maximum withdraw to 70% or 90% is stupid. Sometimes people need their money quickly & don't have time to contact others

I better keep using my usual wallet than any bitcoin card

There's no limit on withdraw, you can get all your BTC back. The limit is on only debit transaction. Not on your BTC balance.

He was talking about  The limit on the debit transaction , Stop misleading people  Cool
VirosaGITS
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August 23, 2015, 05:38:28 PM
 #64

That's why we shouldn't made something decentralized become centralized because something like this would happen someday.
But, limit maximum withdraw to 70% or 90% is stupid. Sometimes people need their money quickly & don't have time to contact others

I better keep using my usual wallet than any bitcoin card

There's no limit on withdraw, you can get all your BTC back. The limit is on only debit transaction. Not on your BTC balance.

He was talking about  The limit on the debit transaction , Stop misleading people  Cool


He says "need their money" you can have your BTC back in full at any time. Are you done FUD'ing or did you finally come up with your proof?


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point0 (OP)
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August 24, 2015, 01:05:18 AM
 #65

That's why we shouldn't made something decentralized become centralized because something like this would happen someday.
But, limit maximum withdraw to 70% or 90% is stupid. Sometimes people need their money quickly & don't have time to contact others

I better keep using my usual wallet than any bitcoin card

There's no limit on withdraw, you can get all your BTC back. The limit is on only debit transaction. Not on your BTC balance.

He was talking about  The limit on the debit transaction , Stop misleading people  Cool


He says "need their money" you can have your BTC back in full at any time. Are you done FUD'ing or did you finally come up with your proof?


More proof !? lol anyways Wating for bit-x users to confirm the recent requist, also i think noone is using this shady company! So i will just stop here .
VirosaGITS
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August 24, 2015, 06:15:40 AM
 #66

That's why we shouldn't made something decentralized become centralized because something like this would happen someday.
But, limit maximum withdraw to 70% or 90% is stupid. Sometimes people need their money quickly & don't have time to contact others

I better keep using my usual wallet than any bitcoin card

There's no limit on withdraw, you can get all your BTC back. The limit is on only debit transaction. Not on your BTC balance.

He was talking about  The limit on the debit transaction , Stop misleading people  Cool


He says "need their money" you can have your BTC back in full at any time. Are you done FUD'ing or did you finally come up with your proof?


More proof !? lol anyways Wating for bit-x users to confirm the recent requist, also i think noone is using this shady company! So i will just stop here .

You never brought any proof at all. But i guess there's no point in debating it. You can deny bit-x properly pay out and tell everyone who say so are liars but that doesn't make it the truth.

You can tell everyone they scam and steal BTC but then you would just be calling me and trusted users liars if i/we tell you Bit-x have never stole BTC from us at the very least so far.

So ultimately it looks pretty legit as i been getting my payouts there and taking them out weekly. When requesting BTC out, it takes a few seconds to get accepted, then confirmed so far.


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point0 (OP)
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August 24, 2015, 11:16:32 AM
 #67

That's why we shouldn't made something decentralized become centralized because something like this would happen someday.
But, limit maximum withdraw to 70% or 90% is stupid. Sometimes people need their money quickly & don't have time to contact others

I better keep using my usual wallet than any bitcoin card

There's no limit on withdraw, you can get all your BTC back. The limit is on only debit transaction. Not on your BTC balance.

He was talking about  The limit on the debit transaction , Stop misleading people  Cool


He says "need their money" you can have your BTC back in full at any time. Are you done FUD'ing or did you finally come up with your proof?


More proof !? lol anyways Wating for bit-x users to confirm the recent requist, also i think noone is using this shady company! So i will just stop here .

You never brought any proof at all. But i guess there's no point in debating it. You can deny bit-x properly pay out and tell everyone who say so are liars but that doesn't make it the truth.

You can tell everyone they scam and steal BTC but then you would just be calling me and trusted users liars if i/we tell you Bit-x have never stole BTC from us at the very least so far.

So ultimately it looks pretty legit as i been getting my payouts there and taking them out weekly. When requesting BTC out, it takes a few seconds to get accepted, then confirmed so far.




Oh yea? Than if you are so sure why are you angry ? and have you read the recent pages (for proofs) ? and also lets the readers jugde your shity company not you or me.  Cool

fxpaps
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September 10, 2015, 05:45:40 AM
 #68

Did someone get verified to get high withdrawal limits? I stuck with "basic" verification already more then a month. Bit-X support told me 3 weeks ago their bank have to approve me. Last e-mail of me a few days ago is still unanswered.
ajrah
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September 10, 2015, 06:06:23 AM
 #69

Did someone get verified to get high withdrawal limits? I stuck with "basic" verification already more then a month. Bit-X support told me 3 weeks ago their bank have to approve me. Last e-mail of me a few days ago is still unanswered.

I think this is not the right thread for your issue with Bit-X Debit Card. Try send a private message to marcotheminer or BIT-X.com so they can help you out. You may also post your query on this thread [ANN] BIT-X.com | Bitcoin Debit Card | No Monthly Fees!

marcotheminer
BIT-X.com

StevenLiang
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October 01, 2015, 05:46:57 AM
 #70

Hi point0,

The limit was actually 90% per transaction (for the past month or so), it wasn't updated on the guide page correctly until recently. We apologies for the the confusion.

Here's a little explanation:

The '90% of a user's balance' limit per transaction acts as a safeguard (for BIT-X) against unknown future exchange rates (with the high volatility Bitcoin is known to have), especially so for large transactions. ATM/POS terminals require a near-instant (tenths of a second) response, otherwise a time out will occur and the transaction will be denied. This would be the case if more than 90% of a user's balance was available for a single card transaction (at the moment of authorization we do not know the exact amount that will be needed for the conversion so this 10% gives some room for changes in the exchange rate and fees).

If you have a 10 BTC balance in your BIT-X account, all 10 BTC is available through card spending however as is clear in the card rules (https://bit-x.com/guide/bitx-cards), each transaction cannot be larger than 90% of your total balance. In transaction #1 you can use 9 BTC through the card, transaction #2: 90% of 1 BTC through the card and so on.

At all times, your entire balance is available to you for any other uses, be it for a trade or or withdrawal!

All card rules, limits and fees can be found by reading through: https://bit-x.com/guide/bitx-cards

And please, don't try to extort us:

Regards,
BIT-X.com

This is a brief explain about Bit-x Debit Card and as you can see, we still can do withdraw all our balances.

The main topic on this thread is about "The Limit on Debit Card spend changed from 70% to 90%". idk the detail, but it seem bit-x changed to 90% because of this thread.

Either 70 or 90%, the both rules is to prevent any loss from only 1 transaction with debit card.


Did someone get verified to get high withdrawal limits? I stuck with "basic" verification already more then a month. Bit-X support told me 3 weeks ago their bank have to approve me. Last e-mail of me a few days ago is still unanswered.

You need to PM macrotheminer or BIT-X.com from bitcointalk.
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