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Author Topic: How many people are using Bitcoin debit card?  (Read 10320 times)
Huobi-USD
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June 24, 2015, 06:32:50 AM
 #1

http://cointelegraph.com/news/114639/approved-bitcoin-debit-cards-hot-up-as-market-matures

Anyone has used BTC debit card?
Mind share your feelings about it?

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June 24, 2015, 06:48:15 AM
 #2

i like net+ (Not Bitcoin only), i need put my bitcoin into neteller and after use the card.
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June 24, 2015, 11:18:18 AM
 #3

I have friends using bitplastic and xapo, however their use is much less, more flashy. The card is pretty simple but I don't fund much future of them right now but a couple years later. What pisses me odd is that bitplastic still markets their debit cards saying they are the only ones offering bitcoin debit cards but they are so wrong.
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June 24, 2015, 11:21:28 AM
 #4

This sounds awesome, where can I purchase this officially. But I am afraid, in case of any transactions made through online fails, how will be the pay back methods. It needs complete security and reliability for the consumers and traders, if they fulfill such confidential things, then it is a real good deal.
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June 24, 2015, 11:25:11 AM
 #5

This sounds awesome, where can I purchase this officially. But I am afraid, in case of any transactions made through online fails, how will be the pay back methods. It needs complete security and reliability for the consumers and traders, if they fulfill such confidential things, then it is a real good deal.

Bit-X has BTC debit card, Xapo has BTC debit card.. they are easy to reach nowadays.

The memebers of Bit-X sig campaign can also get the Bit-X card without the issuing fee.
However, I'd advise you to look for the costs, on any card you want to check out.

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June 24, 2015, 11:26:55 AM
 #6

Never really thought of using a card, I have seem a few floating around, BIT-X have one as mentioned, there are costs to using these cards and also restrictions so I would prefer to just not use them although I do understand that it can be useful for everyday purchases.



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Rude Boy
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June 24, 2015, 11:32:52 AM
 #7

I'm using Bit-x debit card. And was suffered from high fee.  Shocked I think, I'll migrate from Bit-x ASAP.


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June 24, 2015, 11:37:22 AM
 #8

Coinjar has also released a bitcoin debit card, although i belive its only availble for Australian customers.
I've had mine for a few months now and it comes in handy.
It does have a $2 AUD fee when used at any ATM which is a bit anoying but i guess you pay for the convenience.
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June 24, 2015, 11:50:18 AM
 #9

they are all too expensive for my taste, and they go a bit aginst the philosophy of bitcoin imho, i don't plan to ever using one to be honest, but maybe if i can find one card that offer a truly anonimity for value above 500 usd, and it has a very low cost i might try it one day
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June 24, 2015, 11:52:30 AM
 #10

I personally just ordered couple of them (Bit-x since I can get it free because I'am on the signature compaign) and also Advcash which seems like the best of the best , I've never seen a card with such low fees and when I say low I mean low. https://bitcointalk.org/index.php?topic=1011381.0 you can order it for 5$ (Plastic card physical shipped to your home) or 0.99$ (Virtual only) . I hope I will get them soon Smiley

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June 24, 2015, 12:01:23 PM
 #11

i will never use it, if im going to use BTC in a near future like the current fiat money be 100% sure that i will avoid to use those things, privacy is needed for me.

they are all too expensive for my taste, and they go a bit aginst the philosophy of bitcoin imho, i don't plan to ever using one to be honest, but maybe if i can find one card that offer a truly anonimity for value above 500 usd, and it has a very low cost i might try it one day

exactly, i will only going to use it if i can find one card that offer trully anonimity, you got the point man Wink
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June 24, 2015, 12:39:36 PM
 #12

i had xapo debit card but cancelled because of fees.. in the future when fees decreases use will become widespread
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June 24, 2015, 12:46:40 PM
 #13

http://cointelegraph.com/news/114639/approved-bitcoin-debit-cards-hot-up-as-market-matures

Anyone has used BTC debit card?
Mind share your feelings about it?

Right now there are high fees for use that cards. Maybe in the future a massive spread will make this new way of payment more convenient. For now BTC debit card is usable only for big payments. In this area BTC is still far from Fiat values.
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June 24, 2015, 12:51:46 PM
 #14

Unless bitcoins are widely accepted by lot of merchants, the popularity of these cards will remain less for now. Its a good concept , but only after adoption it will become popular.

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June 24, 2015, 03:04:57 PM
 #15

Using these cards completely defeats the purpose of Bitcoin. In my mind anyway. Everyone want's to make BTC something people use to buy groceries and pay rent. WHY? Maybe I have been here too long but I still value my anonymity.
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June 24, 2015, 03:07:30 PM
 #16

Unless bitcoins are widely accepted by lot of merchants, the popularity of these cards will remain less for now. Its a good concept , but only after adoption it will become popular.

yes, the concept needs more adoption for widespread use. There are a lot of companies out there offering the same service and if they stick around, they'd share a wild monopoly in the business.

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June 24, 2015, 04:05:05 PM
 #17

The fees are often vast and their continuing existence is pretty tenuous. It wouldn't take much for them to be shut down. If I really needed to spend I'd just sell normally if I can't spend them directly.

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June 24, 2015, 05:17:52 PM
 #18

I'm using Bit-x debit card. And was suffered from high fee.  Shocked I think, I'll migrate from Bit-x ASAP.
~Rude Boy

Bitx has insane fee if you ask me, i mean charging fee even when youre not using the card is insane.
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When fees get more in range of normal debit card, then i'll use it, until then i have my skrill cards and im happy with it.
I exchange whatever USD amount i need and just spend it with that card. About 2% they are charging fee, and yearly 10 EUR.

Currently i'm thinking about xapo, but i noticed many people have problems with verification, so i'm still waiting ti see how it plays out.

cheers
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June 24, 2015, 05:18:44 PM
 #19

I got one, but have not used. The fee is not worth it at the current point in time. We need better solution
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June 24, 2015, 05:33:40 PM
 #20

I got one, but have not used. The fee is not worth it at the current point in time. We need better solution
Fees is one of the problem behind idea of bitcoin debit cards. People seem to ignore fact, that we really DON'T need bitcoin debit cards.
We should be aiming for direct bitcoin p2p payment, not creating another processor service to rob us from our money while in reality we can use bitcoin on its own.


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