bitinstant paycard

[Yankee (BitInstant)]

Actually yes, you are absolutely right!
Gavin didn't expect and wish for so much attention and expectations before the announcement, though..
The "deadline" given here was meant differently than it is now made of, I feel..

Ente

I guess the original point stands, just slightly from a different angle: everybody thought it was going to be something actually important, then Gavin came up with an announcement nobody actually cares about. People did feel let down but nobody really wanted to be the one breaking this news to him/them.

So...careful with hype, it builds easy and blows up in your face even easier. This is thE IMTERMET!

The difference here is that no one knew what Gavins announcement was....you all know what this is.

In retrospect, me leaking this in a 3am IRC chat should not have caused this big of a hype. This project could take 4 weeks, or 4 months and there are alot of factors that go into this.

Most of you don't know what goes into creating and issuing your own card, its not easy for any company. Now imagine being in an industry where we have to convince everyone who needs to be involved that we are not the enemy, we are not money launderers or terrorists and we are responsible enough to take on this project.

You need permission from banks, card issuers, card makers, program managers, regulatory bodies, ect.

We are working thru it all, and most of the work is done as Erik has said.

Posting in this thread and coming up with opinions and ideas are stupid and just distract us from the real work we need to do.

We have posted many updates, always been transparent, never scammed anyone, and always have done what we say we will do.

Since this original announcement our team has doubled, budget doubled, operations grew, new relationships made and projects launched. This is not the only one.

Everyone on the preorder signup list will continue to get updates, this forum won't be the first spot when updates are posted.

-Charlie

[1714725401]

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[MoonShadow]

Wait, there is a pre-order signup?  Where is this?

[minimalB]

https://docs.google.com/spreadsheet/embeddedform?formkey=dHZtVkZSVm92X0otR2gzb3UtckFVNVE6MQ

@Charlie
Are you saying you already sent some info out? I've never got any info to my "pre-order signup" email.

[cbeast]

Yeah, me neither. It will be worth the wait.

[MoonShadow]

https://docs.google.com/spreadsheet/embeddedform?formkey=dHZtVkZSVm92X0otR2gzb3UtckFVNVE6MQ

@Charlie
Are you saying you already sent some info out? I've never got any info to my "pre-order signup" email.

Thanks

[smoothie]

Actually yes, you are absolutely right!
Gavin didn't expect and wish for so much attention and expectations before the announcement, though..
The "deadline" given here was meant differently than it is now made of, I feel..

Ente

I guess the original point stands, just slightly from a different angle: everybody thought it was going to be something actually important, then Gavin came up with an announcement nobody actually cares about. People did feel let down but nobody really wanted to be the one breaking this news to him/them.

So...careful with hype, it builds easy and blows up in your face even easier. This is thE IMTERMET!

The difference here is that no one knew what Gavins announcement was....you all know what this is.

In retrospect, me leaking this in a 3am IRC chat should not have caused this big of a hype. This project could take 4 weeks, or 4 months and there are alot of factors that go into this.

Most of you don't know what goes into creating and issuing your own card, its not easy for any company. Now imagine being in an industry where we have to convince everyone who needs to be involved that we are not the enemy, we are not money launderers or terrorists and we are responsible enough to take on this project.

You need permission from banks, card issuers, card makers, program managers, regulatory bodies, ect.

We are working thru it all, and most of the work is done as Erik has said.

Posting in this thread and coming up with opinions and ideas are stupid and just distract us from the real work we need to do.

We have posted many updates, always been transparent, never scammed anyone, and always have done what we say we will do.

Since this original announcement our team has doubled, budget doubled, operations grew, new relationships made and projects launched. This is not the only one.

Everyone on the preorder signup list will continue to get updates, this forum won't be the first spot when updates are posted.

-Charlie

So months later after the announcement...still no bitinstant paycard?

Sounds like BFL...only difference is you didn't take preorders. Just hype and more bullshit.

[Gyrsur]

Actually yes, you are absolutely right!
Gavin didn't expect and wish for so much attention and expectations before the announcement, though..
The "deadline" given here was meant differently than it is now made of, I feel..

Ente

I guess the original point stands, just slightly from a different angle: everybody thought it was going to be something actually important, then Gavin came up with an announcement nobody actually cares about. People did feel let down but nobody really wanted to be the one breaking this news to him/them.

So...careful with hype, it builds easy and blows up in your face even easier. This is thE IMTERMET!

The difference here is that no one knew what Gavins announcement was....you all know what this is.

In retrospect, me leaking this in a 3am IRC chat should not have caused this big of a hype. This project could take 4 weeks, or 4 months and there are alot of factors that go into this.

Most of you don't know what goes into creating and issuing your own card, its not easy for any company. Now imagine being in an industry where we have to convince everyone who needs to be involved that we are not the enemy, we are not money launderers or terrorists and we are responsible enough to take on this project.

You need permission from banks, card issuers, card makers, program managers, regulatory bodies, ect.

We are working thru it all, and most of the work is done as Erik has said.

Posting in this thread and coming up with opinions and ideas are stupid and just distract us from the real work we need to do.

We have posted many updates, always been transparent, never scammed anyone, and always have done what we say we will do.

Since this original announcement our team has doubled, budget doubled, operations grew, new relationships made and projects launched. This is not the only one.

Everyone on the preorder signup list will continue to get updates, this forum won't be the first spot when updates are posted.

-Charlie

So months later after the announcement...still no bitinstant paycard?

Sounds like BFL...only difference is you didn't take preorders. Just hype and more bullshit.

second rule for Bitcoin: don't be quick with announcement! 

[Jan]

Actually yes, you are absolutely right!
Gavin didn't expect and wish for so much attention and expectations before the announcement, though..
The "deadline" given here was meant differently than it is now made of, I feel..

Ente

I guess the original point stands, just slightly from a different angle: everybody thought it was going to be something actually important, then Gavin came up with an announcement nobody actually cares about. People did feel let down but nobody really wanted to be the one breaking this news to him/them.

So...careful with hype, it builds easy and blows up in your face even easier. This is thE IMTERMET!

The difference here is that no one knew what Gavins announcement was....you all know what this is.

In retrospect, me leaking this in a 3am IRC chat should not have caused this big of a hype. This project could take 4 weeks, or 4 months and there are alot of factors that go into this.

Most of you don't know what goes into creating and issuing your own card, its not easy for any company. Now imagine being in an industry where we have to convince everyone who needs to be involved that we are not the enemy, we are not money launderers or terrorists and we are responsible enough to take on this project.

You need permission from banks, card issuers, card makers, program managers, regulatory bodies, ect.

We are working thru it all, and most of the work is done as Erik has said.

Posting in this thread and coming up with opinions and ideas are stupid and just distract us from the real work we need to do.

We have posted many updates, always been transparent, never scammed anyone, and always have done what we say we will do.

Since this original announcement our team has doubled, budget doubled, operations grew, new relationships made and projects launched. This is not the only one.

Everyone on the preorder signup list will continue to get updates, this forum won't be the first spot when updates are posted.

-Charlie

So months later after the announcement...still no bitinstant paycard?

Sounds like BFL...only difference is you didn't take preorders. Just hype and more bullshit.

That is hell of a difference!
If you really believe that it is a good/needed business maybe you should develop it yourself.

[MPOE-PR]

That is hell of a difference!

Indeed.

[smoothie]

...
Edit: due to popular demand let me sum what I've seen on irc.

Code:

<bitinstant>	We're launching our debit card in a few weeks
<bitinstant>	Who wants to see a pic ;-)

...

A few weeks? Still waiting 5 months later. 

[smoothie]

Actually yes, you are absolutely right!
Gavin didn't expect and wish for so much attention and expectations before the announcement, though..
The "deadline" given here was meant differently than it is now made of, I feel..

Ente

I guess the original point stands, just slightly from a different angle: everybody thought it was going to be something actually important, then Gavin came up with an announcement nobody actually cares about. People did feel let down but nobody really wanted to be the one breaking this news to him/them.

So...careful with hype, it builds easy and blows up in your face even easier. This is thE IMTERMET!

The difference here is that no one knew what Gavins announcement was....you all know what this is.

In retrospect, me leaking this in a 3am IRC chat should not have caused this big of a hype. This project could take 4 weeks, or 4 months and there are alot of factors that go into this.

Most of you don't know what goes into creating and issuing your own card, its not easy for any company. Now imagine being in an industry where we have to convince everyone who needs to be involved that we are not the enemy, we are not money launderers or terrorists and we are responsible enough to take on this project.

You need permission from banks, card issuers, card makers, program managers, regulatory bodies, ect.

We are working thru it all, and most of the work is done as Erik has said.

Posting in this thread and coming up with opinions and ideas are stupid and just distract us from the real work we need to do.

We have posted many updates, always been transparent, never scammed anyone, and always have done what we say we will do.

Since this original announcement our team has doubled, budget doubled, operations grew, new relationships made and projects launched. This is not the only one.

Everyone on the preorder signup list will continue to get updates, this forum won't be the first spot when updates are posted.

-Charlie

So months later after the announcement...still no bitinstant paycard?

Sounds like BFL...only difference is you didn't take preorders. Just hype and more bullshit.

That is hell of a difference!
If you really believe that it is a good/needed business maybe you should develop it yourself.

Please explain to me how the announcement/advertisements (even in bitcoin magazine) are not hype?

The OP shows they said "a few weeks" until they released it and now it is 5 months later. So no I don't need to develop it myself. I'm just pointing out the flawed model of hyping something then failing to deliver. Same as BFL.

[Yankee (BitInstant)]

The OP shows they said "a few weeks" until they released it and now it is 5 months later. So no I don't need to develop it myself. I'm just pointing out the flawed model of hyping something then failing to deliver. Same as BFL.

We never gave a timeframe, all my quotes were saying hopefully in a few weeks, not guaranteed.

This announcement was never supposed to be released, the leak was my fault as I got excited. My excitement pushed this project back many months because Mastercard and our bank did not realize how huge and disruptive this project had become. Now, there is alot more to do.

The worst part is, I had to agree to Mastercard and others to stop talking about it until launch. So even talking here can jeopardize the project once more.

Charlie

[smoothie]

The OP shows they said "a few weeks" until they released it and now it is 5 months later. So no I don't need to develop it myself. I'm just pointing out the flawed model of hyping something then failing to deliver. Same as BFL.

We never gave a timeframe, all my quotes were saying hopefully in a few weeks, not guaranteed.

This announcement was never supposed to be released, the leak was my fault as I got excited. My excitement pushed this project back many months because Mastercard and our bank did not realize how huge and disruptive this project had become. Now, there is alot more to do.

The worst part is, I had to agree to Mastercard and others to stop talking about it until launch. So even talking here can jeopardize the project once more.

Charlie

You mean like this one below?

...
Edit: due to popular demand let me sum what I've seen on irc.

Code:

<bitinstant>	We're launching our debit card in a few weeks
<bitinstant>	Who wants to see a pic ;-)

...

I don't see you saying "hopefully". You said "we're"...or "we are".

[Yankee (BitInstant)]

Go to blog.bitinstant.com

There are already 3 blog posts on this subject.

If you want to stay updated, sign up for the preorder and info will be sent when available.

Oh and unlike BFL...we never took any money from anyone and we don't plan to until its launched.

Thanks.

Charlie

[smoothie]

Go to blog.bitinstant.com

There are already 3 blog posts on this subject.

If you want to stay updated, sign up for the preorder and info will be sent when available.

Oh and unlike BFL...we never took any money from anyone and we don't plan to until its launched.

Thanks.

Charlie

Signed up in September.

Already said that you folks didnt take money. My point was about the unnecessary hype.

[Rassah]

<sarcasm>
Smoothie, you are so awesome for pointing all these things out! None of the rest of us have the intellectual capacity to notice any of these delays ourselves. Thanks for pointing out every one of them, for every delayed product, all over the forums, multiple times, instead of just letting us monitor the threads for any actual news! You being right on the Internets about obviously-delayed products being delayed makes you more awesome than anyone else on these forums!  
</sarcasm>

[smoothie]

<sarcasm>
Smoothie, you are so awesome for pointing all these things out! None of the rest of us have the intellectual capacity to notice any of these delays ourselves. Thanks for pointing out every one of them, for every delayed product, all over the forums, multiple times, instead of just letting us monitor the threads for any actual news! You being right on the Internets about obviously-delayed products being delayed makes you more awesome than anyone else on these forums!  
</sarcasm>

  You're welcome.

It's so funny how people don't like to have things pointed out on this forum. Almost as if the truth hurts doesn't it?

The truth you pointed out about me posting really doesn't hurt at all though, that's the ironic thing.

[Yankee (BitInstant)]

<sarcasm>
Smoothie, you are so awesome for pointing all these things out! None of the rest of us have the intellectual capacity to notice any of these delays ourselves. Thanks for pointing out every one of them, for every delayed product, all over the forums, multiple times, instead of just letting us monitor the threads for any actual news! You being right on the Internets about obviously-delayed products being delayed makes you more awesome than anyone else on these forums!  
</sarcasm>

  You're welcome.

It's so funny how people don't like to have things pointed out on this forum. Almost as if the truth hurts doesn't it?

The truth you pointed out about me posting really doesn't hurt at all though, that's the ironic thing.

It's cool that you point out things, we have our fair share of scams.

The problem with doing it over a forum is that text can be ready many different ways, and your writings can be seen as malicious even though you are doing it for the better of the community and Bitcoin as a whole.

[smoothie]

<sarcasm>
Smoothie, you are so awesome for pointing all these things out! None of the rest of us have the intellectual capacity to notice any of these delays ourselves. Thanks for pointing out every one of them, for every delayed product, all over the forums, multiple times, instead of just letting us monitor the threads for any actual news! You being right on the Internets about obviously-delayed products being delayed makes you more awesome than anyone else on these forums!  
</sarcasm>

  You're welcome.

It's so funny how people don't like to have things pointed out on this forum. Almost as if the truth hurts doesn't it?

The truth you pointed out about me posting really doesn't hurt at all though, that's the ironic thing.

It's cool that you point out things, we have our fair share of scams.

The problem with doing it over a forum is that text can be ready many different ways, and your writings can be seen as malicious even though you are doing it for the better of the community and Bitcoin as a whole.

Which is why i don't worry about how people take what I say. I have no control over it even if I did worry. So why worry. I just post. people can take it how they want, their free choice.

[Gyrsur]

is the card dead now? the registration link is gone away on your website.

EDIT: ohh sorry it is only outsourced. below on the website is the link. good for you we don't need to pay in advance.

link is deleted now. does it mean project is dead??