Bitcoin Forum
December 06, 2019, 01:39:10 PM *
News: Latest Bitcoin Core release: 0.19.0.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 [17] 18 19 20 21 22 23 24 25 26 »
  Print  
Author Topic: Bitwala - Blockchain Banking  (Read 37971 times)
LeGaulois
Copper Member
Legendary
*
Offline Offline

Activity: 1274
Merit: 1230

Bitcoin Ninja Unregulated Banker Unbanking Folks


View Profile
January 12, 2018, 10:25:32 PM
 #321


A turning point in Bitwala’s history - https://www.bitwala.com/a-turning-point-in-bitwalas-history/



It's a good thing for the future to be honest. Bitwala will be stronger and more independent with a white-label banking. The only problem is that it's just happened suddenly without warning. The team will make Bitwala better than before for sure, keep it up guys.

Q: Bitwala was working with Fidor Bank?

1575639550
Hero Member
*
Offline Offline

Posts: 1575639550

View Profile Personal Message (Offline)

Ignore
1575639550
Reply with quote  #2

1575639550
Report to moderator
1575639550
Hero Member
*
Offline Offline

Posts: 1575639550

View Profile Personal Message (Offline)

Ignore
1575639550
Reply with quote  #2

1575639550
Report to moderator
1575639550
Hero Member
*
Offline Offline

Posts: 1575639550

View Profile Personal Message (Offline)

Ignore
1575639550
Reply with quote  #2

1575639550
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1575639550
Hero Member
*
Offline Offline

Posts: 1575639550

View Profile Personal Message (Offline)

Ignore
1575639550
Reply with quote  #2

1575639550
Report to moderator
bitwala
Full Member
***
Offline Offline

Activity: 360
Merit: 100

Blockchain Banking


View Profile WWW
January 15, 2018, 08:50:20 AM
 #322

It's a good thing for the future to be honest. Bitwala will be stronger and more independent with a white-label banking. The only problem is that it's just happened suddenly without warning. The team will make Bitwala better than before for sure, keep it up guys.

Q: Bitwala was working with Fidor Bank?

Hi LeGaulois,

Thank you for your kind and motivating words.

We didn't work with the Fidor bank and we will not disclose this info.

Best regards,

Robert @Bitwala

Bitwala offers the world's first blockchain banking experience. All bank accounts come with a German current account, a built-in bitcoin wallet for secure storage and a debit card to spend your funds abroad, online and offline. Sign up today!
thinknow11
Full Member
***
Offline Offline

Activity: 294
Merit: 101



View Profile WWW
January 16, 2018, 09:22:43 AM
 #323

Just getting to know about this fantastic project now and I think this project as something special as compare to others with similar functions.

When is the ICO stating?

Is there any bounty campaign?

What's your soft and hard cap?

Thanks
bitwala
Full Member
***
Offline Offline

Activity: 360
Merit: 100

Blockchain Banking


View Profile WWW
January 16, 2018, 12:03:11 PM
 #324

Just getting to know about this fantastic project now and I think this project as something special as compare to others with similar functions.

When is the ICO stating?

Is there any bounty campaign?

What's your soft and hard cap?

Thanks

Hi thinknow11,

Thank you for your kind words.

The ICO is planned for late Q2/ early Q3 2018. I can't answer your other questions at the moment, sorry. You can sign up to our ICO mailing list on: https://vision.bitwala.com/.

Best regards,

Robert @Bitwala

Bitwala offers the world's first blockchain banking experience. All bank accounts come with a German current account, a built-in bitcoin wallet for secure storage and a debit card to spend your funds abroad, online and offline. Sign up today!
Apekool
Member
**
Offline Offline

Activity: 126
Merit: 13

The internet > you


View Profile WWW
January 23, 2018, 12:17:46 AM
 #325

It has actually become a more interesting project now that both the card company and bank have let you down.

Might be just a precaution from the bank/VISA side, a mere reaction to the absence of regulation, whilst already with one foot into the project because they smell it's potential as well. Everyone wants to ride the crypto currency wave as soon as they hear of it's potential (actually the blockchain's potential but np almost nobody knows), only a bank won't go all the way without regulation.

Question is how will you manage to get a "full banking license" in Germany?

Why Germany? Have you read their BaFin's requirements?

https://www.bundesbank.de/Redaktion/EN/Downloads/Tasks/Banking_supervision/PDF/minimum_requirements_for_risk_management_mindestanforderungen_an_das_risikomanagement_marisk.pdf?__blob=publicationFile

...

https://www.bafin.de/EN/Aufsicht/FinTech/VirtualCurrency/virtual_currency_artikel_en.html


...
 

Well, at least one thing's for sure. If you pass the audit for that all doubt is going to fade away Smiley GL

bitwala
Full Member
***
Offline Offline

Activity: 360
Merit: 100

Blockchain Banking


View Profile WWW
January 24, 2018, 08:16:41 AM
 #326

It has actually become a more interesting project now that both the card company and bank have let you down.

Might be just a precaution from the bank/VISA side, a mere reaction to the absence of regulation, whilst already with one foot into the project because they smell it's potential as well. Everyone wants to ride the crypto currency wave as soon as they hear of it's potential (actually the blockchain's potential but np almost nobody knows), only a bank won't go all the way without regulation.

Question is how will you manage to get a "full banking license" in Germany?

Why Germany? Have you read their BaFin's requirements?

https://www.bundesbank.de/Redaktion/EN/Downloads/Tasks/Banking_supervision/PDF/minimum_requirements_for_risk_management_mindestanforderungen_an_das_risikomanagement_marisk.pdf?__blob=publicationFile

...

https://www.bafin.de/EN/Aufsicht/FinTech/VirtualCurrency/virtual_currency_artikel_en.html


...
 

Well, at least one thing's for sure. If you pass the audit for that all doubt is going to fade away Smiley GL

Hi Apekool,
The decisions to work with the BaFin and to strive towards offering banking services under a German bank license has always been our long life dream. We believe this step will make Bitcoin more mainstream and that is the goal. This process is long and hard but we have been working on this for many years and have made huge steps in the right direction. I can't give you any details at the moment because we will make a big announcement as soon as we are ready.

Best regards,
Robert @Bitwala


Bitwala offers the world's first blockchain banking experience. All bank accounts come with a German current account, a built-in bitcoin wallet for secure storage and a debit card to spend your funds abroad, online and offline. Sign up today!
Polivka GmbH
Full Member
***
Offline Offline

Activity: 135
Merit: 101

Hydromining!


View Profile WWW
January 25, 2018, 02:46:19 PM
 #327

Hi,

 I tried contacting you by email, via LinkedIn, telegram etc...
Support request (228180).

Please respond.

stupid_footer
Member
**
Offline Offline

Activity: 76
Merit: 10


View Profile
January 26, 2018, 07:26:37 AM
 #328

Hi,

it's now 14 days since your blog post where you stated you'd refund people within 14 days.

I have not had any communication from you since, nor any refund. Also my Support ticket has not been replied to since 15th January and further emails have stayed unanswered. Same for messages on Twitter :/

Have you shut down completely now and running away with our money or what's going on!?

Thanks!
bitwala
Full Member
***
Offline Offline

Activity: 360
Merit: 100

Blockchain Banking


View Profile WWW
January 26, 2018, 08:37:30 AM
 #329

Hi,

it's now 14 days since your blog post where you stated you'd refund people within 14 days.

I have not had any communication from you since, nor any refund. Also my Support ticket has not been replied to since 15th January and further emails have stayed unanswered. Same for messages on Twitter :/

Have you shut down completely now and running away with our money or what's going on!?

Thanks!

Hi,
I apologise for the radio silence regarding refunds from bank transfers. Your funds have been sent out from our old bank partner and are on their way to our BitPay account. On arrival, we will begin the refund process. Furthermore, we will post a public announcement later today with more details.

Best regards,

Robert @Bitwala

Bitwala offers the world's first blockchain banking experience. All bank accounts come with a German current account, a built-in bitcoin wallet for secure storage and a debit card to spend your funds abroad, online and offline. Sign up today!
bitwala
Full Member
***
Offline Offline

Activity: 360
Merit: 100

Blockchain Banking


View Profile WWW
January 26, 2018, 08:39:46 AM
 #330

Hi,

it's now 14 days since your blog post where you stated you'd refund people within 14 days.

I have not had any communication from you since, nor any refund. Also my Support ticket has not been replied to since 15th January and further emails have stayed unanswered. Same for messages on Twitter :/

Have you shut down completely now and running away with our money or what's going on!?

Thanks!

Hi,

Sorry for the late response, your funds (and all other funds from users) are on its way to BiPay and will be processed as soon as they arrive. We will send out an email later today with more info.

Best regards,

Robert @Bitwala

Bitwala offers the world's first blockchain banking experience. All bank accounts come with a German current account, a built-in bitcoin wallet for secure storage and a debit card to spend your funds abroad, online and offline. Sign up today!
LeGaulois
Copper Member
Legendary
*
Offline Offline

Activity: 1274
Merit: 1230

Bitcoin Ninja Unregulated Banker Unbanking Folks


View Profile
January 26, 2018, 03:37:54 PM
 #331

 Hello @Bitwala

I know you can't give us a date but do you think the company will have the banking license and operate with it during the year 2018?
I know that before this you have a lot to do, to work on the Lightning Node, API's, Altcoins and surely much more but well me too I am dreaming to see  Bitwala with a banking license lol,

stupid_footer
Member
**
Offline Offline

Activity: 76
Merit: 10


View Profile
January 27, 2018, 07:20:39 AM
 #332

Hi,

it's now 14 days since your blog post where you stated you'd refund people within 14 days.

I have not had any communication from you since, nor any refund. Also my Support ticket has not been replied to since 15th January and further emails have stayed unanswered. Same for messages on Twitter :/

Have you shut down completely now and running away with our money or what's going on!?

Thanks!

Hi,

Sorry for the late response, your funds (and all other funds from users) are on its way to BiPay and will be processed as soon as they arrive. We will send out an email later today with more info.

Best regards,

Robert @Bitwala

Sadly, so far the promised email has not materialized Sad

bitwala
Full Member
***
Offline Offline

Activity: 360
Merit: 100

Blockchain Banking


View Profile WWW
January 30, 2018, 08:23:33 AM
 #333

Sadly, so far the promised email has not materialized Sad

Hi stupid_footer,

I apologise for the delay in regards to refunds. Our bank has sent out all the funds back to BitPay and we are waiting for them to arrive. As soon as the funds arrive we will send out the funds.

Best regards,

Robert @Bitwala

Bitwala offers the world's first blockchain banking experience. All bank accounts come with a German current account, a built-in bitcoin wallet for secure storage and a debit card to spend your funds abroad, online and offline. Sign up today!
bitwala
Full Member
***
Offline Offline

Activity: 360
Merit: 100

Blockchain Banking


View Profile WWW
January 30, 2018, 08:25:50 AM
 #334

Hello @Bitwala

I know you can't give us a date but do you think the company will have the banking license and operate with it during the year 2018?
I know that before this you have a lot to do, to work on the Lightning Node, API's, Altcoins and surely much more but well me too I am dreaming to see  Bitwala with a banking license lol,

Hi LeGaulois,

We believe we will have everything set up end of Q2 2018.

Best regards,

Robert @Bitwala

Bitwala offers the world's first blockchain banking experience. All bank accounts come with a German current account, a built-in bitcoin wallet for secure storage and a debit card to spend your funds abroad, online and offline. Sign up today!
stupid_footer
Member
**
Offline Offline

Activity: 76
Merit: 10


View Profile
January 30, 2018, 10:46:20 AM
 #335

Sadly, so far the promised email has not materialized Sad

Hi stupid_footer,

I apologise for the delay in regards to refunds. Our bank has sent out all the funds back to BitPay and we are waiting for them to arrive. As soon as the funds arrive we will send out the funds.

Best regards,

Robert @Bitwala

Still waiting... why does your support not reply to any mails any more then!? As I said, there has been no reaction since the 15th!
bitwala
Full Member
***
Offline Offline

Activity: 360
Merit: 100

Blockchain Banking


View Profile WWW
January 30, 2018, 02:16:10 PM
 #336

Still waiting... why does your support not reply to any mails any more then!? As I said, there has been no reaction since the 15th!

Hi stupid_footer,

I PM you.

Best regards,

Robert @Bitwala

Bitwala offers the world's first blockchain banking experience. All bank accounts come with a German current account, a built-in bitcoin wallet for secure storage and a debit card to spend your funds abroad, online and offline. Sign up today!
Astargath
Hero Member
*****
Offline Offline

Activity: 1302
Merit: 637


View Profile
January 30, 2018, 03:31:48 PM
 #337

Bitwala has been pretty transparent, unfortunately that's really not enough, thankfully I only tried to withdraw 500 euros and not more otherwise I would have had thousands of dollars hostage for more than a month now. I'm personally not going to use the service again.

\\\\\...COIN.....
...CURB...
         ▄▄▄████████████▄▄▄
      ▄██████████████████████▄
    ▄█████▀▀▀          ▀▀▀█████▄
   ████▀      █████▄▄       ▀████
  ████        ██   ▀██        ████
 ████         ██    ██         ████
▐███▌         ██▄▄▄██▀         ▐███▌
▐███▌         ▀▀▀▀▀            ▐███▌
▐███▌         ████████         ▐███▌
 ████            ██            ████
  ████           ██           ████
   ████▄         ██         ▄████
    ▀█████▄▄▄          ▄▄▄█████▀
      ▀██████████████████████▀
         ▀▀▀████████████▀▀▀
........NEWS, UPDATES, & ICO'S........
...FROM ALL THE PROJECTS YOU LOVE...
▄▄█████████████████████████████████████████████████████████████████████████████████████▄▄
███████████████████████████████████████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████████████████████████████████
█████████████▀     ██  ██  ██     ▀██▀     ██      ██     ▀██  ██     ▀██     █████████████
█████████████  ██████  ██  ██  ██  ██  ██████  ██████  ██  ██  ██  ██  ██  ████████████████
█████████████▄    ▀██  ██  ██  ▀▀  ██▄    ▀██  ██████  ▀▀  ██  ██  ▀▀  ██     █████████████
█████████████████  ██  ██  ██  ██  ██████  ██  ██████  ▄  ▀██  ██  ██  ██  ████████████████
█████████████     ▄██▄    ▄██  ▀▀ ▄██     ▄██      ██  ██  ██  ██  ▀▀ ▄██     █████████████
███████████████████████████████████████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████████████████████████████████
 ▀▀█████████████████████████████████████████████████████████████████████████████████████▀▀


     ▄▄█████████▄▄
   ▄███▀▀     ▀▀███▄
  ███             ███
 ███               ███
▐██   ▐█▄   ▄███▄   ██▌
██▌    ███▄██████▀  ▐██
██▌    ▐████████    ▐██
▐██     ▐██████     ██▌
 ███   ▀█████▀     ███
  ███             ███
   ▀███▄▄     ▄▄███▀
     ▀▀█████████▀▀


     ▄▄█████████▄▄
   ▄███▀▀     ▀▀███▄
  ███             ███
 ███   ▄██████▀▄   ███
▐██   ████▀▀▀████   ██▌
██▌   ███ ███ ███   ▐██
██▌   ███ ███ ███   ▐██
▐██   ████▄▄▄████   ██▌
 ███   ▀███████▀   ███
  ███             ███
   ▀███▄▄     ▄▄███▀
     ▀▀█████████▀▀
/////
bitwala
Full Member
***
Offline Offline

Activity: 360
Merit: 100

Blockchain Banking


View Profile WWW
January 31, 2018, 08:30:53 AM
 #338

Bitwala has been pretty transparent, unfortunately that's really not enough, thankfully I only tried to withdraw 500 euros and not more otherwise I would have had thousands of dollars hostage for more than a month now. I'm personally not going to use the service again.

Hi Astargath,
Thank you for giving us your fair feedback. We understand the pain that has been caused by our banking partner terminating their contract with us. This was a total surprise for us and was a result of the spike in transfers we had in the months before Christmas. We will start refunds very shortly and users will receive their refund amounts in BTC (depending on the EUR to BTC rate at the moment of refunding). This can result in users receiving more BTC than they sent us. Furthermore, we understand this doesn't make the issue of funds being in limbo for weeks any better but we are doing our best to make this process fair and transparent.
Best regards,
Robert @Bitwala 

Bitwala offers the world's first blockchain banking experience. All bank accounts come with a German current account, a built-in bitcoin wallet for secure storage and a debit card to spend your funds abroad, online and offline. Sign up today!
Astargath
Hero Member
*****
Offline Offline

Activity: 1302
Merit: 637


View Profile
January 31, 2018, 11:36:05 AM
 #339

Bitwala has been pretty transparent, unfortunately that's really not enough, thankfully I only tried to withdraw 500 euros and not more otherwise I would have had thousands of dollars hostage for more than a month now. I'm personally not going to use the service again.

Hi Astargath,
Thank you for giving us your fair feedback. We understand the pain that has been caused by our banking partner terminating their contract with us. This was a total surprise for us and was a result of the spike in transfers we had in the months before Christmas. We will start refunds very shortly and users will receive their refund amounts in BTC (depending on the EUR to BTC rate at the moment of refunding). This can result in users receiving more BTC than they sent us. Furthermore, we understand this doesn't make the issue of funds being in limbo for weeks any better but we are doing our best to make this process fair and transparent.
Best regards,
Robert @Bitwala 

As I said, I do appreciate the transparency and communication and if you ever resolve the issues I will be glad to give you a positive feedback here. I will give you a neutral one when I receive the bitcoins.

\\\\\...COIN.....
...CURB...
         ▄▄▄████████████▄▄▄
      ▄██████████████████████▄
    ▄█████▀▀▀          ▀▀▀█████▄
   ████▀      █████▄▄       ▀████
  ████        ██   ▀██        ████
 ████         ██    ██         ████
▐███▌         ██▄▄▄██▀         ▐███▌
▐███▌         ▀▀▀▀▀            ▐███▌
▐███▌         ████████         ▐███▌
 ████            ██            ████
  ████           ██           ████
   ████▄         ██         ▄████
    ▀█████▄▄▄          ▄▄▄█████▀
      ▀██████████████████████▀
         ▀▀▀████████████▀▀▀
........NEWS, UPDATES, & ICO'S........
...FROM ALL THE PROJECTS YOU LOVE...
▄▄█████████████████████████████████████████████████████████████████████████████████████▄▄
███████████████████████████████████████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████████████████████████████████
█████████████▀     ██  ██  ██     ▀██▀     ██      ██     ▀██  ██     ▀██     █████████████
█████████████  ██████  ██  ██  ██  ██  ██████  ██████  ██  ██  ██  ██  ██  ████████████████
█████████████▄    ▀██  ██  ██  ▀▀  ██▄    ▀██  ██████  ▀▀  ██  ██  ▀▀  ██     █████████████
█████████████████  ██  ██  ██  ██  ██████  ██  ██████  ▄  ▀██  ██  ██  ██  ████████████████
█████████████     ▄██▄    ▄██  ▀▀ ▄██     ▄██      ██  ██  ██  ██  ▀▀ ▄██     █████████████
███████████████████████████████████████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████████████████████████████████
███████████████████████████████████████████████████████████████████████████████████████████
 ▀▀█████████████████████████████████████████████████████████████████████████████████████▀▀


     ▄▄█████████▄▄
   ▄███▀▀     ▀▀███▄
  ███             ███
 ███               ███
▐██   ▐█▄   ▄███▄   ██▌
██▌    ███▄██████▀  ▐██
██▌    ▐████████    ▐██
▐██     ▐██████     ██▌
 ███   ▀█████▀     ███
  ███             ███
   ▀███▄▄     ▄▄███▀
     ▀▀█████████▀▀


     ▄▄█████████▄▄
   ▄███▀▀     ▀▀███▄
  ███             ███
 ███   ▄██████▀▄   ███
▐██   ████▀▀▀████   ██▌
██▌   ███ ███ ███   ▐██
██▌   ███ ███ ███   ▐██
▐██   ████▄▄▄████   ██▌
 ███   ▀███████▀   ███
  ███             ███
   ▀███▄▄     ▄▄███▀
     ▀▀█████████▀▀
/////
Samarkand
Sr. Member
****
Offline Offline

Activity: 630
Merit: 278


View Profile
January 31, 2018, 01:22:31 PM
 #340

Hello @Bitwala

I know you can't give us a date but do you think the company will have the banking license and operate with it during the year 2018?
I know that before this you have a lot to do, to work on the Lightning Node, API's, Altcoins and surely much more but well me too I am dreaming to see  Bitwala with a banking license lol,

Hi LeGaulois,

We believe we will have everything set up end of Q2 2018.

Best regards,

Robert @Bitwala

Have you ever considered setting up Bitcoin ATMs in Germany?

According to Coinatmradar there are currently zero Bitcoin ATMs
in Germany. Even obscure countries like Guam or Aruba have at least
one ATM.

I remember that years ago all BTC ATM operators in Germany had
to close their operations, because the operation of an ATM required
a BaFin license. If Bitwala is going to be awarded a BaFin license anyway
in the next months you wouldn´t face this problem.

To me it looks like a huge untapped market full of potential and aside
from the obvious advantages for Bitwala as a company this would
also be great for Bitcoin adoption in Germany.

Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 [17] 18 19 20 21 22 23 24 25 26 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!