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Topic: [ANN] Blacknet | IBO for BlackCoin | New code | PoS | No ICO - page 1212. (Read 2509934 times)

hero member
Activity: 568
Merit: 500
RE: BlackCoin virtual/real Visa and Mastercard

tl;dr this will never happen.

Preface: I'm not saying this to hurt BlackCoin. I believe in it, am invested in it, and put my company into it.

Content: That said, there's a lot of naivete going around here, from buyers who haven't been around the crypto community very long, and I think it needs to be set right. There is no point in people getting their expectations up about this.

This card will never exist. There have been a couple attempts since 2011 to do this with Bitcoin. The closest anyone got I'm pretty sure was Charlie Shrem. Visa/MC declined to give him permission after rounds of legal back and forth. At the time that was not V/MC policy because they had no policy on it. Now it is.

Visa and Mastercard have the ultimate say over whether a certain card will be issued, and they have a lot to lose from virtual currencies. They are not going to allow a direct route for withdrawal from crypto to fiat through an ATM. It's not going to happen.

I'm not saying this to burst anyone's bubble, I'm saying it so that a bubble will not form around this idea. Because those of us who've been transacting in crypto/fiat for a long time now understand that this is completely blocked by the card companies and is not going to get off the ground.

I completely appreciate what the OP is trying to do here and applaud his enthusiasm, but prior to a conversation with the card companies this is nothing.
sr. member
Activity: 336
Merit: 250
SellALL, BuyBTC
Can someone post that pix of that card from previous posts. I can't find it.
I have to see it one more time  Grin




Thats what I'm talking about. Sweet ! Smiley
sr. member
Activity: 504
Merit: 253
Can someone post that pix of that card from previous posts. I can't find it.
I have to see it one more time  Grin



Could you make it more smooth?
sr. member
Activity: 389
Merit: 250
C++ error line 373, which is probably os based problem not the program.   So I'll save everything there as thats the unique part, much appreciated

 
A card sounds a big deal, good job

I think I got this same error the first time I started the BC wallet too, but closing it and reopening it and I think the error went away.  Do you continue to get it even after the first time you launched it?  I should include my experience was with the original client and the specific issue I am describing may not still exist or many have been specific to me.  Not sure.  Good luck!
hero member
Activity: 700
Merit: 500
Blackcoin - Holy F*CKING God!

http://coinmarketcap.com/

The only coin with +change and 16%.

Even if there is a possibility this only a pump. That's still amazing.  Grin
full member
Activity: 168
Merit: 100
Can someone post that pix of that card from previous posts. I can't find it.
I have to see it one more time  Grin


sr. member
Activity: 336
Merit: 250
SellALL, BuyBTC
Can someone post that pix of that card from previous posts. I can't find it.
I have to see it one more time  Grin
hero member
Activity: 644
Merit: 500
That card sounds awesome. I'm pretty glad I'm "mining" BC right now.  Cheesy

Sucking the value away from shitcoins in the market so we can use that value in the real world on a Black debit card sounds good to me!
sr. member
Activity: 336
Merit: 250
SellALL, BuyBTC
This is a great news. BC Card ! Wow. Cool
sr. member
Activity: 294
Merit: 250
★Trash&Burn [TBC/TXB]★
Wow...that is amazing. I'm totally grabbing one too.  Grin
sr. member
Activity: 336
Merit: 250
CS Student - BC Logo Guy
Quote
4.) Since my company does not own BlackCoin or the rights to the logo, I will definitely have to coordinate with rat4 to make this happen. But I do think this will be an issue.

I'm sure we can work out a deal on the logo Smiley
full member
Activity: 192
Merit: 100
BlackCoin Card Update

After a very productive phone call I can happily say we have jumped over the first hurdle. I will go over the key details and unfortunately there are a few details that are a bit disappointing.

1.) To have any chance of Visa/Mastercard approving this card program we will have to use very specific wording. It will not be a credit card but a rewards card (Visa/Mastercard debit card) that can be redeemed with reward points (BlackCoins). So users will still use their BlackCoins to get the cards, and they can still spend them just like any other credit card, we just wont be calling it a credit card.

2.) There are two main physical types of cards both with pros and cons.
A: A non re-loadable card you can load any amount from $5 - $900. All you will have to provide is your name and address, no other info is required. Once the card is depleted/expired you throw it away.
B: A re-loadable card you can load any amount from $5 - $3000+. You will have to provide your name, address, and social security number. The social security number is mandated by law and there is no way around it. This card is only available to United States customers.

I am selecting option A for obvious reason. No one especially me would give any new service my social security number just to get a re-loadable debit card. The option to re-load funds is great, but I think trust will have to be establish first before being able to entertain that option.

3.) As I pointed out in a previous post, the customer has to be located in the United States or Canadian to receive the card, but the card can be used anywhere in the world. So for our friends overseas you can have the card mailed to a relative/friend in the United States/Canada, and then have them mail you the card.

4.) Since my company does not own BlackCoin or the rights to the logo, I will definitely have to coordinate with rat4 to make this happen. But I do think this will be an issue.

5.) If we get approved this can be up and running in less than 60 days. I will know sometime early next week if Visa/Mastercard will even consider this before I officially file an application. After I file an application the approval process is quick since I have all the required paperwork.

Once this is up and running for several months I will revisit re-loadable cards, virtual card numbers, and expanding overseas.



I eagerly away the response on this. I'm totally into grabbing one, even for no other reason just to help support that cause because it's just too awesome.
member
Activity: 112
Merit: 10
WOW too!
or we say in German:
WUNDERBAR!!  Grin
You make a great job IconicEx!! Cheesy
full member
Activity: 154
Merit: 100
BlackCoin Card Update

After a very productive phone call I can happily say we have jumped over the first hurdle. I will go over the key details and unfortunately there are a few details that are a bit disappointing.

1.) To have any chance of Visa/Mastercard approving this card program we will have to use very specific wording. It will not be a credit card but a rewards card (Visa/Mastercard debit card) that can be redeemed with reward points (BlackCoins). So users will still use their BlackCoins to get the cards, and they can still spend them just like any other credit card, we just wont be calling it a credit card.

2.) There are two main physical types of cards both with pros and cons.
A: A non re-loadable card you can load any amount from $5 - $900. All you will have to provide is your name and address, no other info is required. Once the card is depleted/expired you throw it away.
B: A re-loadable card you can load any amount from $5 - $3000+. You will have to provide your name, address, and social security number. The social security number is mandated by law and there is no way around it. This card is only available to United States customers.

I am selecting option A for obvious reason. No one especially me would give any new service my social security number just to get a re-loadable debit card. The option to re-load funds is great, but I think trust will have to be establish first before being able to entertain that option.

3.) As I pointed out in a previous post, the customer has to be located in the United States or Canadian to receive the card, but the card can be used anywhere in the world. So for our friends overseas you can have the card mailed to a relative/friend in the United States/Canada, and then have them mail you the card.

4.) Since my company does not own BlackCoin or the rights to the logo, I will definitely have to coordinate with rat4 to make this happen. But I do think this will be an issue.

5.) If we get approved this can be up and running in less than 60 days. I will know sometime early next week if Visa/Mastercard will even consider this before I officially file an application. After I file an application the approval process is quick since I have all the required paperwork.

Once this is up and running for several months I will revisit re-loadable cards, virtual card numbers, and expanding overseas.


one word - WOW
STT
legendary
Activity: 4046
Merit: 1447
Catalog Websites
C++ error line 373, which is probably os based problem not the program.   So I'll save everything there as thats the unique part, much appreciated

 
A card sounds a big deal, good job
full member
Activity: 168
Merit: 100
BlackCoin Card Update

After a very productive phone call I can happily say we have jumped over the first hurdle. I will go over the key details and unfortunately there are a few details that are a bit disappointing.

1.) To have any chance of Visa/Mastercard approving this card program we will have to use very specific wording. It will not be a credit card but a rewards card (Visa/Mastercard debit card) that can be redeemed with reward points (BlackCoins). So users will still use their BlackCoins to get the cards, and they can still spend them just like any other credit card, we just wont be calling it a credit card.

2.) There are two main physical types of cards both with pros and cons.
A: A non re-loadable card you can load any amount from $5 - $900. All you will have to provide is your name and address, no other info is required. Once the card is depleted/expired you throw it away.
B: A re-loadable card you can load any amount from $5 - $3000+. You will have to provide your name, address, and social security number. The social security number is mandated by law and there is no way around it. This card is only available to United States customers.

I am selecting option A for obvious reason. No one especially me would give any new service my social security number just to get a re-loadable debit card. The option to re-load funds is great, but I think trust will have to be establish first before being able to entertain that option.

3.) As I pointed out in a previous post, the customer has to be located in the United States or Canadian to receive the card, but the card can be used anywhere in the world. So for our friends overseas you can have the card mailed to a relative/friend in the United States/Canada, and then have them mail you the card.

4.) Since my company does not own BlackCoin or the rights to the logo, I will definitely have to coordinate with rat4 to make this happen. But I do think this will be an issue.

5.) If we get approved this can be up and running in less than 60 days. I will know sometime early next week if Visa/Mastercard will even consider this before I officially file an application. After I file an application the approval process is quick since I have all the required paperwork.

Once this is up and running for several months I will revisit re-loadable cards, virtual card numbers, and expanding overseas.
sr. member
Activity: 389
Merit: 250
I cant run the wallet at the moment as it crashes.   So Im just wondering  which files I need to transfer it elsewhere, on windows

the files in:  C:\Users\%username%\AppData\Roaming\Blackcoin    subbing in your windows account for %username%

Do you get an error message when the client starts?  If so, it may be better to start with a clean folder and ONLY keep your wallet.dat file to see if that helps resolve the issue.  Also, make sure you have the latest wallet running.

Please be sure you have backed up your wallet.dat file before trying to move any other files around or removing them!
STT
legendary
Activity: 4046
Merit: 1447
Catalog Websites
I cant run the wallet at the moment as it crashes.   So Im just wondering  which files I need to transfer it elsewhere, on windows
member
Activity: 84
Merit: 10

Why another exchange?
We are not your usual hobby programmer hiring some people to make a "secure" exchange. We are a company of trained professionals, based in Austria.
We guarantee a level of security a single individual would not be able to.
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* The main focus of this service is the provided security. A lot of effort went into planing and testing the application, to guarantee the much-needed security. All communications between you and the servers are encrypted.
A unique but yet fast withdrawal process secures your assets way more efficient than email confirmations, making this technique obsolete.

What about the name?
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Still unsure?

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Feel free to ask any questions in the main thread (https://bitcointalksearch.org/topic/exchange-swapholecom-trailing-stop-2fa-live-cryptsy-trades-graph-530080)

Supported coins (as of 28.03.2014)
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for further reference:
the guys behind this are
http://www.rocklogic.at

One of the names i found is Stefan Kobrc. He also runs anomalypool.com.
They are hosting their domains with hetzner, a germany based hosting provider known for reliabilty and premium service.

Seems to be a solid base.
sr. member
Activity: 385
Merit: 250
What the fuck was that just now, seriously? I watched the price like 4 hours and nothing than bam 10 seconds and it's 6900.

and right back down thanks to people in a hurry to sale quick. To bad they just can wait turns and sale higher instead of undercutting each other.
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