Hopalong
Member
Offline
Activity: 112
Merit: 10
|
|
July 26, 2015, 07:08:23 PM |
|
Residents of the following countries can order a card but may not raise limits above the "without any verification" limits due to Financial Action Task Force (FATF) and Central Bank restrictions.
Afghanistan, Albania, Algeria, Angola, Cambodia, Democratic Peoples's Republic of Korea (DPRK), Ecuador, Guyana, Indonesia, Iran, Iraq, Kuwait, Lao PDR, Myanmar, Namibia, Nicaragua, Pakistan, Panama, Papua New Guinea, Sudan, Syria, Uganda, USA, Yemen, Zimbabwe. USA, land of the free! They seems to fit in quite good in that company...
|
|
|
|
|
|
|
|
|
Every time a block is mined, a certain amount of BTC (called the
subsidy) is created out of thin air and given to the miner. The
subsidy halves every four years and will reach 0 in about 130 years.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
RustyNomad
|
|
July 26, 2015, 07:48:20 PM |
|
Residents of the following countries can order a card but may not raise limits above the "without any verification" limits due to Financial Action Task Force (FATF) and Central Bank restrictions.
Afghanistan, Albania, Algeria, Angola, Cambodia, Democratic Peoples's Republic of Korea (DPRK), Ecuador, Guyana, Indonesia, Iran, Iraq, Kuwait, Lao PDR, Myanmar, Namibia, Nicaragua, Pakistan, Panama, Papua New Guinea, Sudan, Syria, Uganda, USA, Yemen, Zimbabwe. USA, land of the free! How the times have changed..... A couple of years back you HAD to be living in the USA to be able to get your hands on anything 'new' and now more and more countries are excluding the US as they have to jump through one hoop after the other to keep old uncle sam happy in his efforts to monitor every single aspects of his citizens lives.
|
|
|
|
fryarminer
|
|
July 26, 2015, 09:43:29 PM |
|
Looks like Onebit will far excel Bitcoin debit cards.
|
|
|
|
Hyena (OP)
Legendary
Offline
Activity: 2114
Merit: 1013
|
|
July 26, 2015, 09:49:56 PM |
|
Looks like Onebit will far excel Bitcoin debit cards.
I hate credit cards. There's a difference between credit and debit cards you know. Also I hate smartphones. This onebit does not far excel bitcoin debit cards but you are free to have your opinion.
|
|
|
|
countryfree
Legendary
Offline
Activity: 3052
Merit: 1047
Your country may be your worst enemy
|
|
July 26, 2015, 10:05:40 PM |
|
Thanks for sharing your experiences. I'll probably get a BTC card someday, but I guess I'll wait a little till the fees get lower, and the yearly limit gets higher. €250 or even €2500, that's not much!
|
I used to be a citizen and a taxpayer. Those days are long gone.
|
|
|
DooMAD
Legendary
Offline
Activity: 3780
Merit: 3120
Leave no FUD unchallenged
|
|
July 26, 2015, 10:29:11 PM |
|
Sounds tempting, but my concern would be who holds the private keys to the wallet? From what I can tell, it sounds like it's the card provider. I guess it's not a huge deal if you've just got a small amount of spending money on there, but once people start to get complacent, they might start leaving larger sums on there and that tends to be when all hell breaks loose. Is it really progress if you're reintroducing a trusted third party into a system that's more secure without them?
|
. .HUGE. | | | | | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . CASINO & SPORTSBOOK ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | |
|
|
|
Hyena (OP)
Legendary
Offline
Activity: 2114
Merit: 1013
|
|
July 26, 2015, 10:37:18 PM |
|
Sounds tempting, but my concern would be who holds the private keys to the wallet? From what I can tell, it sounds like it's the card provider. I guess it's not a huge deal if you've just got a small amount of spending money on there, but once people start to get complacent, they might start leaving larger sums on there and that tends to be when all hell breaks loose. Is it really progress if you're reintroducing trust into a trustless system?
You are right. I would never hold more bitcoins there than I can afford to lose in case of a hack. Ideally, I would send the bitcoins to my account prior to spending them.
|
|
|
|
DooMAD
Legendary
Offline
Activity: 3780
Merit: 3120
Leave no FUD unchallenged
|
|
July 26, 2015, 10:50:09 PM |
|
Sounds tempting, but my concern would be who holds the private keys to the wallet? From what I can tell, it sounds like it's the card provider. I guess it's not a huge deal if you've just got a small amount of spending money on there, but once people start to get complacent, they might start leaving larger sums on there and that tends to be when all hell breaks loose. Is it really progress if you're reintroducing trust into a trustless system?
You are right. I would never hold more bitcoins there than I can afford to lose in case of a hack. Ideally, I would send the bitcoins to my account prior to spending them. On the one hand, there's bound to be someone who eventually figures out how to make it so we can tie a card to wallets we hold the keys to. Probably won't be too long before that happens. But even then, it would still not be suitable for large sums, since the card details themselves effectively become the private key. It's that whole push vs pull thing. We've become accustomed to 'pull' as it's generally more convenient, but once someone has the card details, they can move funds without the holder's prior knowledge or consent. There must be a happy medium to be struck somewhere in all that, but we haven't found it yet.
|
. .HUGE. | | | | | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . CASINO & SPORTSBOOK ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | |
|
|
|
dollarneed
|
|
July 26, 2015, 11:41:48 PM |
|
wow nice exprience iam looking for some testimonial about bitcoin debit card,i think this is good way to spend our bitcoin in merchant but i want to ask you some question about bitcoin debit card. 1. The first questionis there are some people ( most of them never using it before) who said that the fee of the bitcoin debit card is very high,so what do you think about it and any solution? 2. And the last question as i know that in my country i cant buy anything at physical market or merchant with real bitcoin,is there a chance i using this card for make purchase at that merchant ?
|
|
|
|
Sourgummies
|
|
July 27, 2015, 12:58:13 AM |
|
The more feedback these cards get the more people will adapt and it will spread the word of Bitcoin. Nice.
|
|
|
|
CEG5952
|
|
July 27, 2015, 01:12:09 AM |
|
I also have a card from xmlgold.eu and I transfer my bitcoin on their site from ecoin.eu (trading platform) and it works like charm! Although I still haven't verified it yet due to my passport is still in process.
|
|
|
|
BIT-Sharon
|
|
July 27, 2015, 05:53:58 AM |
|
I registered an account in CCDEDK and ordered the bitcoin debit card. I activated the card in bit-x.com for 0.05 bitcoins and transferred 0.2 bitcoins to there for testing purposes. I did not verify my account. Yesterday I went out and was able to withdraw 5 euros from some random ATM and later I bought a 2.8 EUR beer from a pub paying with the bit-x debit card. Everything worked flawlessly, although I was not able to check my balance in the ATM since that operation failed. My bit-x account balance is constantly changing with the price of bitcoin, so this truly is the kind of debit card we have been waiting for. You can now pay with bitcoins everywhere where debit card is accepted. I am not affiliated with the named companies in any way. I am just writing about this because yesterday was a historic day for me and I've been waiting for such a debit card for years. You can now maul all bitcoin sceptics who think that this magic internet money is not accepted anywhere by showing them your bitcoin debit card and laughing at them and their worthless fiat that loses value every day. How does the credit card set its limit for overdrawing and how to evaluate this credit of the applicant?
|
|
|
|
madonnino
Sr. Member
Offline
Activity: 322
Merit: 250
I ❤ www.LuckyB.it!
|
|
July 27, 2015, 07:14:01 AM |
|
I registered an account in CCDEDK and ordered the bitcoin debit card. I activated the card in bit-x.com for 0.05 bitcoins and transferred 0.2 bitcoins to there for testing purposes. I did not verify my account. Yesterday I went out and was able to withdraw 5 euros from some random ATM and later I bought a 2.8 EUR beer from a pub paying with the bit-x debit card. Everything worked flawlessly, although I was not able to check my balance in the ATM since that operation failed. My bit-x account balance is constantly changing with the price of bitcoin, so this truly is the kind of debit card we have been waiting for. You can now pay with bitcoins everywhere where debit card is accepted. I am not affiliated with the named companies in any way. I am just writing about this because yesterday was a historic day for me and I've been waiting for such a debit card for years. You can now maul all bitcoin sceptics who think that this magic internet money is not accepted anywhere by showing them your bitcoin debit card and laughing at them and their worthless fiat that loses value every day. this is definitely a good step forward, but for ever opionion debit cards bitcoins have the fee too high, i prefer sold my btc to my debit or credit card and then spend it
|
|
|
|
Amph
Legendary
Offline
Activity: 3206
Merit: 1069
|
|
July 27, 2015, 07:33:49 AM |
|
The more feedback these cards get the more people will adapt and it will spread the word of Bitcoin. Nice.
ehm i doubt, the fee are ridiculous high, people are not that willing to pay so high fee only for bitcoin when they can use their fiat scam and paying almost zero or zero(at least this is true for me)
|
|
|
|
bitnanigans
|
|
July 27, 2015, 08:22:04 AM |
|
This looks like the same card as the Bit-X one (called the Nanocard), but it looks like it's cheaper to get it from CCEDK? Saw some announcements about a CCEDK and Bit-X partnership a while back. Looks like this is what it was about. I also don't see an option to add your name to the card on CCEDK. I will be ordering a Bit-X card soon and hope to try it out on a day-to-day basis.
|
|
|
|
Envrin
|
|
July 27, 2015, 08:48:33 AM |
|
Does it have a VISA / Mastercard logo on it, and obviously, CC#?
|
|
|
|
Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
|
|
July 27, 2015, 09:48:59 AM |
|
I just ordered one after seeing that they got rid of the inactivity fee. I was hesitant because of the huge signature campaign and for some reason I have equated signature campaigns with scammers, maybe because of the amount of people who post just for their signature campaign.
As for a 1% spending fee. Just realize that for the majority of Bitcoin's lifespan the price has tended in an upward direction. The fact that it is a limited supply means this will always true if it is adopted as a means of spending money. So consider the price of Bitcoin between when you were paid and when you went to spend your money. Has the price gone up?
The last time I was paid the price was $281/BTC. At the price of $283.81/BTC any spending with the card would equal the 1% fee. At the current ($288/BTC) price anything I spend is more than I received in my paycheck. And if the price goes down...I hold off on spending until it either goes up or after my next paycheck when I'm buying lower.
I used my ANX debit card for the first time this week. It worked but not as well as the bit-x card. I put $250 on it when the price was $245/BTC and it gave me a rate of $235/BTC. A rate that's way too high and it locks your dollar amount in.
As for those that don't want to spend your bitcoins...does that mean you are spending your fiat? Instead of buying bitcoins with that fiat?
|
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
|
|
|
teddy5145
|
|
July 27, 2015, 10:01:44 AM |
|
I got debit card too from advcash Too bad its virtual debit card ( i need to be 18 or older to get the physical one) Tested on steam and it works great Its good to see that bitcoin can be used everywhere
|
|
|
|
tounsi7orr
Newbie
Offline
Activity: 46
Merit: 0
|
|
July 27, 2015, 10:08:16 AM |
|
I heard a lot about signature campaign and bit-x but i still don't know how exactly i can make money with bit-x.
can you explain This for me please ?
|
|
|
|
Elwar
Legendary
Offline
Activity: 3598
Merit: 2386
Viva Ut Vivas
|
|
July 27, 2015, 10:21:26 AM |
|
I heard a lot about signature campaign and bit-x but i still don't know how exactly i can make money with bit-x.
can you explain This for me please ?
Join their signature campaign then post nonsense in every thread.
|
First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin.
|
|
|
|