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Belkaar (OP)
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February 15, 2013, 07:28:24 PM |
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... using the Bitcurex card.
Charging process took about 50 minutes (3 blocks for bitcoin transfer + instant selling + waiting for withdrawal to card verificarion).
The card has no name on it but it was accepted without problem at the local grocery store.
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cbeast
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Let's talk governance, lipstick, and pigs.
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February 15, 2013, 07:43:24 PM |
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Just hope nobody swaps cards with you.  |
Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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MoonShadow
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February 15, 2013, 07:44:45 PM |
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Wait, What?
There is already a cash card loadable with bitcoins? Where can I get one?
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"The powers of financial capitalism had another far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. The apex of the systems was to be the Bank for International Settlements in Basel, Switzerland, a private bank owned and controlled by the world's central banks which were themselves private corporations. Each central bank...sought to dominate its government by its ability to control Treasury loans, to manipulate foreign exchanges, to influence the level of economic activity in the country, and to influence cooperative politicians by subsequent economic rewards in the business world."
- Carroll Quigley, CFR member, mentor to Bill Clinton, from 'Tragedy And Hope'
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Gabi
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If you want to walk on water, get out of the boat
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February 15, 2013, 07:46:57 PM |
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I have no idea, their website isn't exactly... clear, it barely shows the minimum info...
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Piper67
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February 15, 2013, 08:06:21 PM |
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Wait, What?
There is already a cash card loadable with bitcoins? Where can I get one?
It's a bit hard to order it from them, and check the fees and limits very carefully. I find for the moment it's easier to have a Coinbase account linked to my bank account... at least until the Bitinstant debit card finally makes an appearance. |
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Elwar
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Viva Ut Vivas
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February 15, 2013, 08:17:45 PM |
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sweet
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First seastead company actually selling sea homes: Ocean Builders https://ocean.builders Of course we accept bitcoin. |
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kangasbros
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February 15, 2013, 10:00:08 PM |
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http://shop.bitcurex.com/index.phpMy friend has one, says it works like a charm. From speed viepoint it is pretty sweet deal - about an hour to convert your bitcoins to fiat. You can get those other prepaid cards, but the transfer from the exchanges take time. The downside is the very low volume and bad price on the bitcurex exchange...
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glub0x
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February 15, 2013, 10:04:56 PM
Last edit: February 15, 2013, 11:08:41 PM by glub0x |
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and the price is 1.5btc?! like 40 bucks for a credit card :/
Also a withdraw on the card could not initiate a buy order on their platform so you are never short on bitcoin and just convert to the usd at the last time...
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The cost of mediation increases transaction costs, limiting the
minimum practical transaction size and cutting off the possibility for small casual transactionsSatoshi Nakamoto : https://bitcoin.org/bitcoin.pdf
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franky1
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February 15, 2013, 10:45:26 PM
Last edit: February 15, 2013, 11:09:28 PM by franky1 |
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whoever laid out the table for the fee's needs to be shot. here i have laid it out better. | # | Euro | US Dollar | Poland PLN | UK pound | | Single POS transaction | 1000 | 1300 | 4000 | 800 | | Daily ATM Withdrawal Limit | 150 | 200 | 500 | 130 | | Max Balance at a time | 2500 | 3500 | 10,000 | 2100 | | Max Balance per year | 2500 | 3500 | 10,000 | 2100 | | ATM withdrawal fee | 2.5 | 3 | 5-10 | 2 | | POS Purchase fee | 0 | 0 | 0 | 0 | | Balance check GSM | 0 | 0 | 0 | 0 |
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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TheKoziTwo
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February 15, 2013, 11:13:21 PM |
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Sounds awesome... no name, really? There is no identification required for this card? $40 is not really expensive if there are no yearly/monthly fees and 0 for POS purchase, not to mention anonymity!
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glub0x
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February 15, 2013, 11:23:38 PM |
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Most of the EU country have PIN on the card, is it given with the card? or is just not compatible with those PIN POS/ATM ?
otherwise it's still a great move ahead.
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The cost of mediation increases transaction costs, limiting the
minimum practical transaction size and cutting off the possibility for small casual transactionsSatoshi Nakamoto : https://bitcoin.org/bitcoin.pdf
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franky1
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February 15, 2013, 11:42:26 PM |
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the only think to be warey of is that you may end up selling your BTC to them for way under the Gox price for your native currency. and thats how they make their money.
i would be happy with a 1% under gox.. but not anything like 10%. and i cant easily see where it gives a extimate of the BTC/ fiat charge
and as someone else mentioned. the cards to have pin numbers. you obtain it after delivery, during the activation process of the card
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I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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Gestas
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February 16, 2013, 12:07:26 AM |
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Charging process took about 50 minutes (3 blocks for bitcoin transfer + instant selling + waiting for withdrawal to card verificarion).
Truly the currency of the future. |
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mobile4ever
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February 17, 2013, 02:35:18 PM |
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Charging process took about 50 minutes (3 blocks for bitcoin transfer + instant selling + waiting for withdrawal to card verificarion).
Truly the currency of the future. Just like money, eh.  Bitcoin is awesome. Just thinking that now Wordpress, Reddit, Mega and more take bitcoin is a real assurance that bitcoin is the future of money. |
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Puppet
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February 17, 2013, 02:42:53 PM |
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I have one. Withdrawing from bitcurex can take as much as 24h, though usually its a few hours. Its a bit annoying you have to send the coins, wait ~1 hour, then sell the coins (usually at a bad price), and wait a few more hours for the euro's to be withdrawn to the card. They could streamline that process a lot.
Obviously you get a PIN code with the card, its the only way it works. Its anonymous although you need to provide a shipping address. The card is not universally accepted here, I think its because a Polish card, and not all terminals take international cards, but many do.
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TheKoziTwo
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February 17, 2013, 02:44:02 PM |
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Max Balance per year : $3500
I just realized one cannot deposit more than $3500 per year to this card. That's too bad.
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Belkaar (OP)
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February 17, 2013, 08:48:36 PM |
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Most of the EU country have PIN on the card, is it given with the card? or is just not compatible with those PIN POS/ATM ?
otherwise it's still a great move ahead.
The PIN comes with the card. |
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bbit
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Bitcoin
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February 17, 2013, 09:47:56 PM |
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Groceries this is good...
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mpfrank
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Cosmic Cubist
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February 18, 2013, 02:55:02 AM |
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whoever laid out the table for the fee's needs to be shot. here i have laid it out better. | # | Euro | US Dollar | Poland PLN | UK pound | | Single POS transaction | 1000 | 1300 | 4000 | 800 | | Daily ATM Withdrawal Limit | 150 | 200 | 500 | 130 | | Max Balance at a time | 2500 | 3500 | 10,000 | 2100 | | Max Balance per year | 2500 | 3500 | 10,000 | 2100 | | ATM withdrawal fee | 2.5 | 3 | 5-10 | 2 | | POS Purchase fee | 0 | 0 | 0 | 0 | | Balance check GSM | 0 | 0 | 0 | 0 |
Where is the USD card? I don't see it on their site... |
If all the sovereign non-cryptocurrencies will eventually collapse from hyperinflation, you can't afford *not* to invest in Bitcoin... See my blog at http://minetopics.blogspot.com/ . Donations accepted at: 17twYNyqTiCTM2gJmumkytvhZh4sCVSKNH |
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