Piper67 (OP)
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Activity: 1106
Merit: 1001
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April 30, 2013, 11:41:37 PM |
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Just came across this: thebitcoinnews.co.uk/2013/04/30/today-is-the-day-we-are-very-proud-to-announce-the-worlds-first-prepaid-mastercard-to-exchange-your-bitcoins/
Not sure how legit it is.
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franky1
Legendary
 Online
Activity: 4410
Merit: 4766
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April 30, 2013, 11:54:57 PM |
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hmm what do i have to say about http://thebitcoincard.co.uk/the graphics on the actual website seem like teenagers attempt at photoshop. and not a template that a card issuer would accept. their website itself seems amatuerish. not really feeling a vibe that the people behind it have thousands of pounds to credit the funds after acceptng your coin. their webpage is not even secure . (no https) no terms and conditions (which is a requirement card issuers have) their whois details are of a french guy, french address but having a .co.uk website ill now look into what trademarks they own and other such things.. i smell fish, and it aint the breath of a frenchmen.. well maybe it is on their contacts page: TheBitcoinCompany Ltd. Contact 124 BAKER STREET, WESTMINSTER LONDON W1U 6TY UNITED KINGDOM thebitcoincompany ltd is not listed on companies house. the business is not listed in that address. the website was created only 3 weeks ago.. this fish is starting to smell rotten |
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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BitSmile
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May 01, 2013, 12:37:05 AM |
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faky faky.
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Twerka
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May 01, 2013, 12:39:57 AM |
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Adding more fees and debt to bitcoin is something we do not want.
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The worst enemy of Bitcoin is Mt.Gox exchange.
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wingsuit
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Activity: 64
Merit: 10
2100 trillion sats baby
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May 01, 2013, 04:21:36 AM |
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Well this looks legit  |
FLY
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John (John K.)
Global Troll-buster and
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Activity: 1288
Merit: 1227
Away on an extended break
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May 01, 2013, 05:26:10 AM |
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BTCLuke
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May 14, 2013, 06:38:10 AM |
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I think we're actually dealing with a retard, not just a scammer. (Of course he is likely both.) Take a look at this nimrod's other sites: - The Bitcoin Card (Incredible! The first website ever to take money without a sales pitch, and not even use any https!)
- The Bitcoin Company (What an original name! lulz...)
- The Bitcoin Pages (For a biz directory, there sure aren't a lot of bizzes in there...)
- The Bitcoin News (Just an aggregation of news from other sites, but by far his best offering to us.)
This dolt even has a job offering in London... So I think there is a small chance he's legit... Just very, very incompetent. |
Luke Parker
Bank Abolitionist
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flix
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Activity: 1227
Merit: 1000
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May 23, 2013, 04:28:54 PM |
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http://thebitcoincard.co.uk/Having access to the FAQ, or just to more info without having to register would be nice... Definitely amateurish, if not downright fishy...
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BTCnewbie
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Merit: 0
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May 24, 2013, 07:08:07 PM |
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I posted about this in another thread. Defo dodgy so stay well clear.
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jbreher
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Activity: 3052
Merit: 1665
lose: unfind ... loose: untight
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May 24, 2013, 07:19:03 PM |
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These guys, on the other hand, seem legit. eCardOne.com From a licensed bank in Prague. Near as I can tell, a good six-year record doing exchanges between fiat and Liberty Reserve.  |
Anyone with a campaign ad in their signature -- for an organization with which they are not otherwise affiliated -- is automatically deducted credibility points.
I've been convicted of heresy. Convicted by a mere known extortionist. Read my Trust for details.
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hashman
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Activity: 1264
Merit: 1008
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June 24, 2013, 05:47:33 PM |
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I was going to post the FAQ for you, but why bother. It's harvested from other prepaid card sites anyway. |
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BitBank
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Activity: 74
Merit: 10
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June 24, 2013, 06:23:48 PM |
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there are many companies that offer this, all of which seem more reputable than this offering.
the "holy grail" offering would be a bitcoin-backed debit card, where you held bitcoins in a wallet which "backed" the fiat and/or bitcoin spending power of a mastercard / visa debit card. My company is working on this offering, as was BitInstant as of a while back. There are MANY hurdles with this offering - not only is there finCEN, but it may not even be possible if visa or mastercard end up not wanting to play ball. Even if they did, we're talking an investment to the tune of hundreds of thousands of dollars to develop the solution and maintain compliance with state and federal regulations. Moving business outside the US does not remove this burden, as MtGox recently found out.
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elements
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June 25, 2013, 12:19:40 AM |
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»A common mistake that people make when trying to design something completely foolproof was to underestimate the ingenuity of complete fools.« - Douglas Adams Use the trusted German Bitcoin exchange: https://www.bitcoin.de/de/r/5wcwtsTips & donations: BTC : 1MAQYNLp2VJ9wWhPYg5BnrbUGzdhGXopZw | CGB: 5bgQivyHJcSWTgvLfVW87Zj23M7mcFCVBF |
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Nicolai Larsen
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June 25, 2013, 01:00:39 AM |
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BTC: 1GUH16sneWgKuE1ArXrnYKN3njuherJQi1
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elements
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June 25, 2013, 01:22:18 AM |
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These guys, on the other hand, seem legit. eCardOne.com From a licensed bank in Prague. Near as I can tell, a good six-year record doing exchanges between fiat and Liberty Reserve. so much for them...  |
»A common mistake that people make when trying to design something completely foolproof was to underestimate the ingenuity of complete fools.« - Douglas Adams Use the trusted German Bitcoin exchange: https://www.bitcoin.de/de/r/5wcwtsTips & donations: BTC : 1MAQYNLp2VJ9wWhPYg5BnrbUGzdhGXopZw | CGB: 5bgQivyHJcSWTgvLfVW87Zj23M7mcFCVBF |
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grue
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Activity: 2058
Merit: 1452
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June 25, 2013, 01:24:03 AM |
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...and the domain got seized |
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BitBank
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Activity: 74
Merit: 10
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June 25, 2013, 02:47:55 AM |
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...and the domain got seized I could have seen this coming. It doesn't matter if your corporation is registered on Mars. If you want to take American customers, you have to comply with the banking laws of EACH state, in addition to federal law. |
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freedomno1
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Activity: 1820
Merit: 1090
Learning the troll avoidance button :)
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June 25, 2013, 02:54:26 AM |
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OWNED!
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Believing in Bitcoins and it's ability to change the world
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CoinHoarder
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Activity: 1484
Merit: 1026
In Cryptocoins I Trust
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June 25, 2013, 03:23:44 AM |
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That escalated quickly
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papaminer
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June 25, 2013, 03:45:26 AM |
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WOW that DHS is really something....
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฿: 1L7dSte4Rs4KyyxRCgrqSWYtkXdAb4Gy1z MORE INFO ABOUT ME: BTC |
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