[ANN] TenX: Making Blockchain assets spendable

[russaa8]

On the one hand, TenX provides an easy to use wallet for a lot of different cryptocurrencies. On the other hand, it will soon also provide different inbound and outbound funnels to easily interface with our classical financial world. One of them will be the TenX debit cards that enable users to pay online and in stores. Another one could be buying crypto directly in the app using fiat or automatically allowing paying your bills out of the app.

I think that TenX will also add NFC technology to contactless soluion! And nfc can be used without plastic cards. It will be enough to have an account. Investors need to understand that the TenX project is not only a debit card, it's much more! He has more future!

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[Sophia Portera]

Heey TenX gain +11% today. Check it out: TenX price [url]

[abonarea]

TenX is in much better position in comparison to other projects trying to work in this space of cards and payments. I don't speculate the price but the true potential to see a one time big profit in few months. They are working by utilizing every possibility to bring this up. From community sides it has good support to provide holding kind strength that's why market bounces back constantly.

[NOhardforkplease]

Monaco price almost doubled because they are listed on bithumb now. That shows how shallow this market is. A rebrand and the price goes up, a "partnership" and the price goes up, mainnet release and the price goes up, what is next?

[codemanX]

Monaco price almost doubled because they are listed on bithumb now. That shows how shallow this market is. A rebrand and the price goes up, a "partnership" and the price goes up, mainnet release and the price goes up, what is next?

Maybe a working card and the price goes up 

Hopefully in the near future, we're all waiting for that.

[russaa8]

I am very pleased with the growth in the price of the token, I've been waiting for this for a very long time, I hope the project will develop and give us a lot of good news. I support all who believe in the TenX team

[misterbigg]

TenX needs visa or mastercard to accept them, if they don't accept them tenx can't operate.

[SLT]

TenX needs visa or mastercard to accept them, if they don't accept them tenx can't operate.

Mate, wavecrest canceled/blocked all cards which are involved with crypto world for example payeer and advcash are blocked as well because you could fill up your account with BTC ( fiat) load your mastercard and spend it anywhere or withdraw cash on ATMs. 

So they have to find an alternative to wavecrest - VIsa, Mastercard.

Or wait until regulations kick in and wavecrest continue providing service as they did before.

maybe to found a own bank ( it will not be easy but it is an aletnative)

[dmaster1]

I ordered a paid for my card on the 16th of January! its been over 3 months and have not received anything!!!!
WTF! tenx seems like a load of bullshit right now.

it's not acceptable to take payments from people and not deliver anything for 3 months, I dont even get updates or any messages about when it might come!

[dirruk]

i don t think the recent price increase was based on anything but btc rise we ll soon see the 13k sat bottom again as this token is useless without a working card

it would be great if the developers where working that angle in a few diffrent approches besides waiting on the banking licence

maybe a own exchange would get something going...

[riskthebiscuit]

Some good news I read in the media the other day about TenX. https://cointelegraph.com/news/litecoin-courting-tenx-and-korbit-just-a-month-after-litepay-breakup. Not sure why TenX didn't announce but that is very positive news 

[simongoat]

Are tenx cards working at the moment? I really want to get one but heard they stopped working when Visa pulled the plug.

[maot4]

TenX needs visa or mastercard to accept them, if they don't accept them tenx can't operate.

I think they should implement an NFC / contactless type payment linked to the wallet so you can still spend.. just like using apple pay. Mastercard and Visa doesnt have to be the only option

[bahb00b]

It seems many American posters don't understand that Crypto is classified as an Asset in the U.S.
That means every time u sell it (buy something) its a Taxable event requiring a Capital Gains Tax.
Every American here should know this since we just filed our Taxes.
This classification makes using Crypto as a Currency an Acquired price/Sold price pain in the ass!
From what I've read Europe and Asia have labeled crypto an "Alternative" Currency so the TenX model
is still viable in those regions.

[c0in_junkie]

Tomorrow is Q&A i hope Julian tell is what is the actual status of the cards, they working so great till early jan 

[Badassname]

It seems many American posters don't understand that Crypto is classified as an Asset in the U.S.
That means every time u sell it (buy something) its a Taxable event requiring a Capital Gains Tax.
Every American here should know this since we just filed our Taxes.
This classification makes using Crypto as a Currency an Acquired price/Sold price pain in the ass!
From what I've read Europe and Asia have labeled crypto an "Alternative" Currency so the TenX model
is still viable in those regions.

I get this.  What I don't really get:  If you trade for something of equal value, what would be taxed?

[CanErik]

Hi;

Since "Visa" thing happened, this gateway option does not make any sense to me anymore. I guess Pundi X will be the answer. We will see.

Kind regards

[grchina]

Some good news I read in the media the other day about TenX. https://cointelegraph.com/news/litecoin-courting-tenx-and-korbit-just-a-month-after-litepay-breakup. Not sure why TenX didn't announce but that is very positive news 

So fail project announced courting with another one soon to be fail project Litepay is a scam created for pumping litecoin and i wouldnt call geting involved in anyway with them a good news
Btw still waiting for my crypto card that was promised months ago

[bahb00b]

It seems many American posters don't understand that Crypto is classified as an Asset in the U.S.
That means every time u sell it (buy something) its a Taxable event requiring a Capital Gains Tax.
Every American here should know this since we just filed our Taxes.
This classification makes using Crypto as a Currency an Acquired price/Sold price pain in the ass!
From what I've read Europe and Asia have labeled crypto an "Alternative" Currency so the TenX model
is still viable in those regions.

I get this.  What I don't really get:  If you trade for something of equal value, what would be taxed?

The problem is the Tax Man doesn't consider it a "trade". They say u are selling one crypto and acquiring another all within that one transaction.
Let's say I Buy Nano with BitCoin on an exchange. My Capital Gains Tax is from any profit between BitCoins value when I acquired it and when I used it (considered selling) to buy Nano. If the amount of BTC used was worth $375 when acquired and worth $600 when I used it in the purchase the $225 rise in BTC value incurs a Capital Gains Tax.

This CNBC article outlines Crypto Taxes: https://www.c[Suspicious link removed]m/2018/02/21/everything-you-need-to-know-about-bitcoin-and-your-taxes.html

[bahb00b]

Hi;

Since "Visa" thing happened, this gateway option does not make any sense to me anymore. I guess Pundi X will be the answer. We will see.

Kind regards

PUNDIX!!!!!! I killed it on that trade (kept some just in case). Almost makes this TenX car wreck bearable.
Check out PalmPay.io too. Cool idea using instant conversion to pegged crypto using BitShares. Saves merchants from volatility.