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Author Topic: advantage of bitcoin debit card?  (Read 7108 times)
cluit
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March 15, 2016, 06:28:35 AM
 #81

Most has asked about the places where bitcoin debit card can be used. For such a quote the only answer is you only need to find yourself buying a bitcoin debit card and trying it as the bitcoin debit card is in its initial stage of existence.
I believe we can use bitcoin everywhere. You will be able to use your bitcoin debit card similar to ATM cards like wherever visa/master card works, the bitcoin debit card also will work.
TastyChillySauce00
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March 15, 2016, 08:53:07 AM
 #82

is it possible using debit card bitcoin. we can using it and pay everythin with it. Can I tried to pay at the cashier mall?
you could as long they'd accept a debit card, and some merchant like vps provider don't accept debit card neither virtual nor physical because they sure the debit card provider will not going pay for long time subscription

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iv4n
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March 15, 2016, 11:45:25 AM
 #83

Help bitcoiners directly spend their bitcoin without going to the exchanges. It will save your time.

But how much fee thay will pay on debit card and how much on exchange? I think its different amount of money needed for for this two options.
I dont like cards, for me wallet is enough. It's my wish to buy something with my bitcoins directly from wallet, to not have third party involved. Well in country where I live its still just a dream, but i can say I am a dreamer.

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ObscureBean
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March 15, 2016, 11:57:24 AM
 #84

It's definitely nice to be able to use your Bitcoins anywhere, the downside is that they charge some pretty hefty fees for the service. If you usually only use small amounts of Bitcoin here and there, I don't think it would be worth it to get one those cards, you gonna end up losing too much money in fees.
honeyhtet
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March 15, 2016, 01:29:05 PM
 #85

There is no particular advantage for a bitcoin supported debitcard IMO if it's based on USD and the value is converted to USD since the fees will be even higher than typical normal debitcards... If it's a BTC debitcard using BTC then it would be interesting.
SuperCoinGuy
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March 15, 2016, 01:30:49 PM
 #86

The best advantage of a Bitcoin debit card I can think of is to be able to have your Bitcoins easily accessible in your wallet and being able to spend them at every shop worldwide or withdraw them from every ATM.
WikiCrypto
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March 15, 2016, 01:44:31 PM
 #87

better bitcoin in wallet or store at cold wallet bro .
there is a lot project failed before growing bigger.
simonloff
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March 15, 2016, 04:55:11 PM
 #88

I used bit-x Debitcard for a while and it's good when you want to withdraw bitcoins, It's relatively easy and direct. Not good at all both on the fees nor the fact that you are actually just withdrawing bitcoin to USD, barely bitcoin debitcard..
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March 15, 2016, 05:00:31 PM
 #89

I can say about Only One advantage of bitcoin debit card. and this is that we can use and spend our bitcoins every in the world, we can buy things in any shopping center which accepts debit cards, and we can cashout our money through any ATM machine. that's the best part of bitcoin debit card.

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jayhawk1
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March 16, 2016, 01:23:29 PM
 #90

I think the bitcoin debitcards are decent to use, They are not even bitcoin debitcards since they are using USD and not BTC... The fees of these cards are too much too IMO.
sachung
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March 16, 2016, 06:35:43 PM
 #91

The fees are relatively higher than the standard bank debitcard rate, there is also no specific advantage in using them, I consider it relatively meaningless to use them since they are just USD cards with higher fees.
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March 17, 2016, 08:05:00 AM
 #92

There is no PURE bitcoin debit cards in my perspective. All the services climbing bitcoin debit card are converting bitcoin into fiat just before topping up/loading into the ATM cards. This means you are selling your bitcoins and using fiat your loading your ATM cards.
MTBTT
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March 17, 2016, 09:31:17 AM
 #93

Help bitcoiners directly spend their bitcoin without going to the exchanges. It will save your time.
is it possible to using it to buy something in store that not accept bitcoin. but the store accept credit card ?
because i never use it
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March 17, 2016, 04:31:15 PM
 #94

it's wrong to refer to them as bitcoin debitcards since they are just debitcards that are charged by an exchange for your funds "that are in USD since you already sold your BTC", There fees are high since the exchange also takes a fee.
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March 20, 2016, 04:25:53 AM
 #95

the advantage in my opionion is that you can spend directly your bitcoins for fiat without sending to an exchange, i personally use the goldmoney prepaid card from bitgold, and i like it a lot, now i'm searching for a bitcoin debit card ( with the goldmoney i have i don't spend bitcoin but gold) I think btc-x card seems decent.
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March 20, 2016, 08:46:06 AM
 #96

Bitcoin debit card gives a good deal with the reduced transaction fees. This bitcoin debit card increases the circulation of bitcoins by the coming years.

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March 20, 2016, 10:25:10 AM
 #97

Actually it is a good idea to have one of these since there are not so many establishment that accept bitcoin at the moment.
Advantage is that you can buy something with bitcoin,but dont put all your bitcoin in it maybe just a few bucks.
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March 20, 2016, 12:09:30 PM
 #98

Actually it is a good idea to have one of these since there are not so many establishment that accept bitcoin at the moment.
Advantage is that you can buy something with bitcoin,but dont put all your bitcoin in it maybe just a few bucks.

I've got a card and yes i don't have all my money on that wallet. I like the convenience of a card to make payments.
But so far I don't trust exchanges, wallets and even card providers. Many polish card users lost their rmoney
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March 20, 2016, 12:58:25 PM
 #99

Bitcoin is a relatively new form of currency that is just beginning to hit the mainstream, but many people still don't understand why they should make the effort to use it.
When you pay a cheque from another bank into your bank, the bank will often hold that money for several days, because it can’t trust that the funds are really available. Similarly, international wire transfers can take a relatively long time. Bitcoin transactions, however, are generally far faster.
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March 20, 2016, 03:30:12 PM
 #100

currencies will be secure..
ability to trade bitcoin..
and most importantly use cards to access cash or make purchase globally...
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