BitCoinBurger
Jr. Member
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Activity: 37
Merit: 1
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April 10, 2018, 04:13:57 PM |
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question
wy do they not buy a small private bank?
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"If you don't want people to know you're a scumbag then don't be a scumbag." -- margaritahuyan
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ssvenss
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April 10, 2018, 05:33:25 PM |
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Have they started sending out the new cards? If they have that would be great but i dont see any evidence to this effect. Hopefully they get the banking license soon.
No, we are all still waiting for that announcement. I think it isn't done with just the banking license, at the moment it looks for me like everything depends on VISA/Mastercard. VISA/MasterCard has very strict policy to provide support for any blockchain related project. They should find the alternate way to make it functional otherwise it will continue with pending status. VISA and MasterCard to my opinion is a relic of the past, and it's time to move to the future and abandon these market monopolies, switch to new technologies and more favorable conditions of use with practically zero commissions |
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bahb00b
Newbie
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Activity: 42
Merit: 0
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April 11, 2018, 12:20:27 AM |
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My thoughts are the U.S. Government's Classification of Crypto as an Asset CRIPPLES Crypto as a Currency and Crypto Card projects like TenX.
This means EVERY time u pay with a Crypto Card it's considered a "Taxable Event". U sold an asset (the Crypto) when it was converted to Fiat to pay the Merchant. So for EVERY transaction u will need the cost basis from when u obtained the crypto and the sale price (when TenX converted it) to figure any gain or loss come tax time. WHO WILL WANT TO DO THAT instead of using their good ole Fiat Credit Cards?
Please set me straight if I'm wrong or AT LEAST show me how TenX intends to deal with this.
...and yes I'm a TenX bagholder in the U.S.
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grchina
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April 11, 2018, 06:09:33 AM |
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I gave up on tenx, i did not receive any card after i made payments for ordering two cards since last year!
Good luck with centra or monaco. I am trying my luck with stk token as a real life card crypto payment solution as they already have card manufactor ready and all the licences.Yeah centra and monaco are bust but the same thing can be said for tenx,i mean i paid for my card months ago and still nothing... |
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supertee
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April 11, 2018, 06:48:45 AM |
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Their "Beta Test" starts later this summer... What do you expect? Stick with TenX and you won't regret. I enjoyed my card, everything worked like a charm. Really looking forward to the new cards.
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Passion.
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codemanX
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April 11, 2018, 07:17:13 AM |
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I gave up on tenx, i did not receive any card after i made payments for ordering two cards since last year!
Good luck with centra or monaco. I am trying my luck with stk token as a real life card crypto payment solution as they already have card manufactor ready and all the licences.Yeah centra and monaco are bust but the same thing can be said for tenx,i mean i paid for my card months ago and still nothing... Centra is dust, that's right, but I still have hope for Monaco and TenX because I'm invested in both projects. Everything depends on Visa/Mastercard. VISA and MasterCard to my opinion is a relic of the past, and it's time to move to the future and abandon these market monopolies, switch to new technologies and more favorable conditions of use with practically zero commissions
These "relics" would open the existing payment infratructure of the world for Crypto in just one step, not a single existing shop has to invest for implement a new Crypto Payment solution. |
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gembira
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April 11, 2018, 07:31:59 AM |
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In which countries TenX have cards now? Where I can see this list of countries where they shipping cards? Centra arested now, and Monaco will be soon as well probably, because they dont have nothing. So, only one real project this? People received and using their cards?  |
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ders_a
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April 11, 2018, 07:53:20 AM |
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In which countries TenX have cards now? Where I can see this list of countries where they shipping cards? Centra arested now, and Monaco will be soon as well probably, because they dont have nothing. So, only one real project this? People received and using their cards? no, no cards |
✦✦ MN+PoS return over 160% (counted since April 2018) ✦✦ |
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apolodorin
Newbie
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Activity: 60
Merit: 0
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April 11, 2018, 08:03:55 AM |
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In which countries TenX have cards now? Where I can see this list of countries where they shipping cards? Centra arested now, and Monaco will be soon as well probably, because they dont have nothing. So, only one real project this? People received and using their cards? no, no cards I am already using a Revolut card, how does TenX compare? or Monaco? any experience? |
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quazi747
Newbie
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Activity: 28
Merit: 0
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April 11, 2018, 04:21:24 PM |
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TENX is a good token....Its a good project..we should hold this token for a long time
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codemanX
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April 12, 2018, 07:26:33 AM |
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TENX is a good token....Its a good project..we should hold this token for a long time
Stop spamming the forum with senseless posts, you will never rank up with such posts thanks to the Merit system. |
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supertee
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April 12, 2018, 08:25:55 AM |
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Doesn't make sense to add eth and ltc if they wouldn't have almost all set for the new cards. I guess the new cards will arrive next month. Also the application for the banking license is open, so there might be a lot of good news coming... For me it is time to fill my bags with PAY..  |
Passion.
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russaa8
Member
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Activity: 154
Merit: 12
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April 12, 2018, 08:36:05 AM |
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I think that we need to look for an alternative. Hope only for Visa / MasterCard makes this project unstable. Visa / MasterCard is all the same yesterday. Sooner or later the crypt will replace Visa / MasterCard.
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mcfom
Legendary
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Activity: 1260
Merit: 1001
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April 12, 2018, 08:36:48 AM |
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This latest update on collaboration with Litecoin for co-branded card gives some hope to see groundbreaking updates form this cooperation. Charlie Lee also seems very excited on what is being worked on with TenX for workable solution. At the same time availability as default on blockfolio is other appreciable development for many people to get ease using that.
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Stivenson
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Activity: 89
Merit: 10
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April 12, 2018, 10:00:47 AM |
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Julian mentioned a few times in videos how TenX was going to be marketing hard this year.
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Odeoke
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April 12, 2018, 10:28:19 AM |
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Julian mentioned a few times in videos how TenX was going to be marketing hard this year.
Before launch this hard marketing campaign everyone want to get his card and a working product otherwise we won't get positive result and this project will fall into deep problem and maybe we will see result like Centra. |
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dazbarlby
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April 12, 2018, 10:55:31 AM |
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Here in Norway, visa banned TenX card, like they just shut them off, because you were litterally shopping with money
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Stivenson
Member
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Activity: 89
Merit: 10
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April 12, 2018, 01:02:54 PM |
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Here in Norway, visa banned TenX card, like they just shut them off, because you were litterally shopping with money
VISA announced the immediate termination of their services to the cryptocurrency-based debit card issuer, WaveCrest. This decision has impacted several cryptocurrency debit card solution providers, as all VISA-based cards were immediately discontinued. Prominent companies, such as Xapo, Bitwala, Bitpay, and TenX, were left with thousands of outraged clients after VISA stopped processing card payments. VISA felt threatened by the rapidly growing cryptocurrency industry. Despite the growing industry, Bitcoin cannot reasonably be considered a real threat to mainstream financial services providers yet. |
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AlloM
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April 12, 2018, 01:06:19 PM |
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Here in Norway, visa banned TenX card, like they just shut them off, because you were litterally shopping with money
VISA announced the immediate termination of their services to the cryptocurrency-based debit card issuer, WaveCrest. This decision has impacted several cryptocurrency debit card solution providers, as all VISA-based cards were immediately discontinued. Prominent companies, such as Xapo, Bitwala, Bitpay, and TenX, were left with thousands of outraged clients after VISA stopped processing card payments. VISA felt threatened by the rapidly growing cryptocurrency industry. Despite the growing industry, Bitcoin cannot reasonably be considered a real threat to mainstream financial services providers yet. This is bad news while we are waiting to hear good news to get functional this debit card but it seems it could take more long time than we expected. Now all projects have to make their strategy to bring a parallel system to provide support otherwise it will remain in same fate. |
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supertee
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April 12, 2018, 01:31:06 PM |
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This is bad news while we are waiting to hear good news to get functional this debit card but it seems it could take more long time than we expected. Now all projects have to make their strategy to bring a parallel system to provide support otherwise it will remain in same fate.
This happened several months ago..  So no new bad news  |
Passion.
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