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Author Topic: Bitcoin2CC - Convert Bitcoins into a Virtual VISA Card Instantly!  (Read 29645 times)
The Madhatter
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November 23, 2010, 03:02:59 AM
 #1

Hello all,

I'm pleased to announce the latest Madhatter site!

Bitcoin 2 Credit Card

This site will enable anyone to sell me their Bitcoins for a virtual credit card.

Best of all: it is 100% automated. Cheesy

Please use this thread to post suggestions, comments, and other 'beefs' with the service.

Enjoy!
The Madhatter
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kiba
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November 23, 2010, 03:04:08 AM
 #2

GREAT! A complementary service to chaord's credit card to bitcoin service!

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November 23, 2010, 03:55:01 AM
 #3

Very nice.  This definitely fills a needed niche.

Now people may keep their money stored as bitcoins, yet still access the "legacy currencies" through VISA.  Smiley

Jeff Garzik, bitcoin core dev team and BitPay engineer; opinions are my own, not my employer.
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November 23, 2010, 04:53:30 AM
 #4

It will be better still once we can reload existing prepaid cards.

"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'
The Madhatter
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November 23, 2010, 05:17:04 AM
 #5

I'm working on that. Wink
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November 23, 2010, 05:56:16 AM
 #6

really good job, easy way to get money out.  Better than paypal(sucks).

One off NP-Hard.
The Madhatter
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November 23, 2010, 06:02:48 AM
 #7

Thanks for all of the positive feedback guys! Smiley
The Madhatter
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November 23, 2010, 07:43:05 AM
 #8

Bitcoin2CC just did its first real trade!

It's allivveee!! Tongue
The Madhatter
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November 23, 2010, 08:24:30 PM
 #9

Hello all,

I just increased the inventory and lowered the price. I'm running this service almost at cost to get it going. I'll likely raise the prices once I get some trade velocity happening. Get your cards while the pickin' is good! Tongue

Cheers!
The Madhatter
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November 23, 2010, 08:40:39 PM
 #10

Kudos to you for this. Two quick questions:
- Where are these issued, or more specifically, what charges will there be for using them outside the US$ realm, other than the exchange rate itself?
- What do we do to use the full credit, if for example I have $13 left and I want to buy a $14 piece of gum?
The Madhatter
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November 23, 2010, 09:41:08 PM
 #11

Kudos to you for this. Two quick questions:
- Where are these issued, or more specifically, what charges will there be for using them outside the US$ realm, other than the exchange rate itself?
- What do we do to use the full credit, if for example I have $13 left and I want to buy a $14 piece of gum?

Hello,

Those are good questions. I'll likely add them to my FAQ.

I am the issuer. The banks I use are in Canada. Not to knock the USA or anything, but I think that having your funds outside of the USA is a good thing. Look to e-gold, Liberty Dollar, and GoldAge as examples.

The banks typically charge a 2% spread on foreign exchange. Visa takes some, the bank takes some. This is typical of all credit cards.

That's expensive gum. Tongue You'd have to buy something for $13 or less or make smaller purchase until the balance is depleted.

The best deal is on the $100 VISA, currently. I am keeping the price artificially low on that one on purpose to pick up some Bitcoins for B4C. This is a limited time offer -- so act fast. (end of sales pitch).

Cheers!
The Madhatter
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November 23, 2010, 09:51:20 PM
 #12

Oh crap... thanks for pointing that out. They are Canadian Dollars.

More stuff to add to the FAQ! Smiley

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November 23, 2010, 10:06:13 PM
 #13

* The Madhatter quickly edits the FAQ

Changed:

Quote
Who is the issuer? / Where are the banks located that handle these cards?

Bitcoin2CC is the issuer. The banks are located in Canada.

What currency are the cards denominated in?

Due to banking regulations the cards must be denominated in Canadian Dollars. View the Canadian to US Dollar exchange rate here.

How do I check the balance of my card? / How do I activate the card? / How do I set the name/address on the card for online/telephone use?

Due to the fact that we use more than one bank these details are revealed after your purchase has been made.

When do the cards expire?

The $25 and $50 cards expire one year from the activation date. The $100 cards expire two years from the activation date.
The Madhatter
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November 23, 2010, 10:15:38 PM
 #14

Just did the #5th sale. I keep reloading #s and they keep selling. Ahh!

I'll consider the code debugged now. Smiley
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November 23, 2010, 10:58:36 PM
 #15

Just did the #5th sale. I keep reloading #s and they keep selling. Ahh!

I'll consider the code debugged now. Smiley



*adds amazon.ca .

Now if you use the cards to shop at Amazon in Canada  you can get a bitcoin rebate.

I call it the MadHatter's special  Cheesy

http://www.bitcointo.com/2010/11/madhatters-special-bitcoins-back-at.html


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November 23, 2010, 11:05:28 PM
 #16

So, I could use these CCs to buy from Canadian websites and avoid the currency conversion?

Get your vehicle serviced. Pay with Bitcoin, Cash, Credit, Dwolla, or SquareUp. Work is fully licensed and insured.
On-Site Oil and Lube (http://onSiteOilandLube.com/bitcoin.html) (Atlanta Metro and Surrounding Counties)
Company Address: 14u6KtrZfNNsKkPsMk4wG5YabsHwfpiQ7z
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November 24, 2010, 12:01:54 AM
 #17

So, I could use these CCs to buy from Canadian websites and avoid the currency conversion?

Yes you can. Maybe if we all gang up on madhatter he will sell US ones too  Cheesy



MoonShadow
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November 24, 2010, 12:24:15 AM
 #18

So, I could use these CCs to buy from Canadian websites and avoid the currency conversion?

Yes you can. Maybe if we all gang up on madhatter he will sell US ones too  Cheesy


Or someone with a desire to buy mass coin at a discount to the market rate (which is what Madhatter is doing) could offer Madhatter some coin to help him set up a similar website for the US.  It requires some US$ backing though.

"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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November 24, 2010, 01:05:21 AM
 #19

I think I may be able to set one up for us US ppl. I'm thinking I'd provide an actual card, though. I could email the numbers almost instantly, then send the card in the mail.

Get your vehicle serviced. Pay with Bitcoin, Cash, Credit, Dwolla, or SquareUp. Work is fully licensed and insured.
On-Site Oil and Lube (http://onSiteOilandLube.com/bitcoin.html) (Atlanta Metro and Surrounding Counties)
Company Address: 14u6KtrZfNNsKkPsMk4wG5YabsHwfpiQ7z
The Madhatter
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November 24, 2010, 01:23:03 AM
 #20

I call it the MadHatter's special  Cheesy

Hahahaha! Tongue

I'll call my banks in the morning and see if they can do US$ card numbers for me. No promises.
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