BTCMILLIONAIRE
|
|
October 15, 2017, 05:16:23 AM |
|
Last I checked, Visa and MasterCard were cracking down on crypto debit cards that were issued through third-party suppliers. So I highly doubt that these people will actually bring a Visa card in any reasonable amount of time. MonaCo has a due announcement next Wednesday, if they actually get the Visa deal they'll be sponging up the market.
If not, it'll be quite unlikely that RegalCoin would be getting the deal instead. In either case, this would be an extremely risky buy.
|
|
|
|
jravago (OP)
Full Member
Offline
Activity: 210
Merit: 100
Without Risk there is no Success - jravago.com
|
|
October 15, 2017, 01:14:36 PM |
|
Last I checked, Visa and MasterCard were cracking down on crypto debit cards that were issued through third-party suppliers. So I highly doubt that these people will actually bring a Visa card in any reasonable amount of time. MonaCo has a due announcement next Wednesday, if they actually get the Visa deal they'll be sponging up the market.
If not, it'll be quite unlikely that RegalCoin would be getting the deal instead. In either case, this would be an extremely risky buy.
Do you have a link were I can check about Visa and Mastercard cracking down? Thanks
|
|
|
|
thepo1m
|
|
October 15, 2017, 02:57:12 PM |
|
Last I checked, Visa and MasterCard were cracking down on crypto debit cards that were issued through third-party suppliers. So I highly doubt that these people will actually bring a Visa card in any reasonable amount of time. MonaCo has a due announcement next Wednesday, if they actually get the Visa deal they'll be sponging up the market.
If not, it'll be quite unlikely that RegalCoin would be getting the deal instead. In either case, this would be an extremely risky buy.
I still feel this Visa is sceptic about releasing their products to all these crypto project, if Monaco get the deal done then that will open the floodgates for most of these card based project to get theirs also
|
|
|
|
BTCMILLIONAIRE
|
|
October 15, 2017, 08:19:37 PM |
|
Last I checked, Visa and MasterCard were cracking down on crypto debit cards that were issued through third-party suppliers. So I highly doubt that these people will actually bring a Visa card in any reasonable amount of time. MonaCo has a due announcement next Wednesday, if they actually get the Visa deal they'll be sponging up the market.
If not, it'll be quite unlikely that RegalCoin would be getting the deal instead. In either case, this would be an extremely risky buy.
Do you have a link were I can check about Visa and Mastercard cracking down? Thanks Here is an example: https://themerkle.com/mastercard-joins-visa-in-removing-cryptocurrency-debit-card-availability-outside-of-the-eea/As far as I'm aware this is only for those projects that went through a third-party provider and not directly through Visa/MasterCard. So what will happen to crypto cards as a whole is still unclear. There are also new regulations that lower the limits on credit/debit cards, but I'm don't remember when (or if) those are supposed to come into effect.
|
|
|
|
jravago (OP)
Full Member
Offline
Activity: 210
Merit: 100
Without Risk there is no Success - jravago.com
|
|
October 15, 2017, 08:37:51 PM |
|
Last I checked, Visa and MasterCard were cracking down on crypto debit cards that were issued through third-party suppliers. So I highly doubt that these people will actually bring a Visa card in any reasonable amount of time. MonaCo has a due announcement next Wednesday, if they actually get the Visa deal they'll be sponging up the market.
If not, it'll be quite unlikely that RegalCoin would be getting the deal instead. In either case, this would be an extremely risky buy.
Do you have a link were I can check about Visa and Mastercard cracking down? Thanks Here is an example: https://themerkle.com/mastercard-joins-visa-in-removing-cryptocurrency-debit-card-availability-outside-of-the-eea/As far as I'm aware this is only for those projects that went through a third-party provider and not directly through Visa/MasterCard. So what will happen to crypto cards as a whole is still unclear. There are also new regulations that lower the limits on credit/debit cards, but I'm don't remember when (or if) those are supposed to come into effect. How is themerkly reliable? please also read the comments in the article. why would VISA and Mastercard cut crypto currency if they will earn money big time?
|
|
|
|
BTCMILLIONAIRE
|
|
October 15, 2017, 08:50:35 PM |
|
Last I checked, Visa and MasterCard were cracking down on crypto debit cards that were issued through third-party suppliers. So I highly doubt that these people will actually bring a Visa card in any reasonable amount of time. MonaCo has a due announcement next Wednesday, if they actually get the Visa deal they'll be sponging up the market.
If not, it'll be quite unlikely that RegalCoin would be getting the deal instead. In either case, this would be an extremely risky buy.
Do you have a link were I can check about Visa and Mastercard cracking down? Thanks Here is an example: https://themerkle.com/mastercard-joins-visa-in-removing-cryptocurrency-debit-card-availability-outside-of-the-eea/As far as I'm aware this is only for those projects that went through a third-party provider and not directly through Visa/MasterCard. So what will happen to crypto cards as a whole is still unclear. There are also new regulations that lower the limits on credit/debit cards, but I'm don't remember when (or if) those are supposed to come into effect. How is themerkly reliable? please also read the comments in the article. why would VISA and Mastercard cut crypto currency if they will earn money big time? I said that's just an example. Furthermore, the real world doesn't revolve purely around money. It also revolves around control and regulations that companies have to comply with. If you read my post you would've also noticed that I specifically mentioned that they are cutting off crypto cards that were issued through third party suppliers. Please read what people are writing before bringing up points that have already been addressed.
|
|
|
|
Shotz
Member
Offline
Activity: 105
Merit: 10
|
|
October 15, 2017, 09:03:13 PM |
|
isnt regal coin just the same sort of pyramid scheme as Bitconnect? how are they giving loan returns of 1%??
There is a decent amount of these "pyramid scheme" sites and cryptos have come out and they're paying out huge amounts of $. At some point you have to think, "Hey, maybe they figured something out, they've changed 1000's of lives." Crypto provides opportunities that no one even thinks is possible.
|
|
|
|
jravago (OP)
Full Member
Offline
Activity: 210
Merit: 100
Without Risk there is no Success - jravago.com
|
|
October 15, 2017, 09:29:12 PM |
|
isnt regal coin just the same sort of pyramid scheme as Bitconnect? how are they giving loan returns of 1%??
There is a decent amount of these "pyramid scheme" sites and cryptos have come out and they're paying out huge amounts of $. At some point you have to think, "Hey, maybe they figured something out, they've changed 1000's of lives." Crypto provides opportunities that no one even thinks is possible. I agree with you. in the first place why we are here in crypto world because it is easy money without gov't and taxes.
|
|
|
|
aeternus
|
|
October 20, 2017, 07:36:18 PM |
|
i really don't know why this coin keep rising . i'm not saying it's scam but in the same time it's not that good project !
Why do you say not good project? they have progress and soon debit card. it means their not scamming people but created a business. Maybe he does not think the project is innovative enough? I still have no seen someone tell me why this project is special, even if they do build something why people are going to use them instead of their competition, so to me this is not a project that I will be interested to invest.
|
|
|
|
BTCMILLIONAIRE
|
|
October 20, 2017, 07:51:43 PM |
|
i really don't know why this coin keep rising . i'm not saying it's scam but in the same time it's not that good project !
Why do you say not good project? they have progress and soon debit card. it means their not scamming people but created a business. Maybe he does not think the project is innovative enough? I still have no seen someone tell me why this project is special, even if they do build something why people are going to use them instead of their competition, so to me this is not a project that I will be interested to invest. Good choice. There's way too much hype around projects that get hyped for no reason. Seems like most people don't even understand what they are shilling.
|
|
|
|
|