------------> BEcarefull!! FROM BIT-X Debit CARD !!- <--------------- - page 2.

tommorisonwebdesign

sr. member

Activity: 448

Merit: 251

Quote from: point0 on August 19, 2015, 12:05:12 PM

Quote from: ?? on ??

Quote from: point0 on August 19, 2015, 11:53:19 AM

Quote from: Brad Harrison on August 19, 2015, 11:49:19 AM

Why don't you guys use e-coin instead? small fees and you have access to all your funds at all times https://www.e-coin.io/
They support multiple local currencies as well

Yes im using E-coin and i love that company , but all i wanna do is to expose this evil company , im angry at them because they misleaded me on thier main thread Tongue

You didn't even bother looking further than the main thread? No wonder you're surprised.

Next time you're interested in any service that has a thread on this forum please (for your own sake), do some reading on the actual site.

Edit : Becarefull, a reply above was deleted by "marcotheminer" see above for a quote (Thats an other proof ):

And here is an answer :

You didn't get the point (like always) and the funny part you are still replying here but ok; the main reason for any company to be legit and trusted is telling the truth, we are not playing hidden games like telling people the sunny part and lets them find the hidden side, people have the right to know evey single rule or shady fees, Stop thinking that all people are stupid, and show some respect plz.

If you don't like Bit-X's policies, don't use their services. Quit bitching here about it.

marcotheminer

legendary

Activity: 2072

Merit: 1049

┴puoʎǝq ʞool┴

I deleted it because I didn't want you to start yet another petty argument. Too late I guess.

point0

newbie

Activity: 14

Merit: 0

Quote from: ?? on ??

Quote from: point0 on August 19, 2015, 11:53:19 AM

Quote from: Brad Harrison on August 19, 2015, 11:49:19 AM

Why don't you guys use e-coin instead? small fees and you have access to all your funds at all times https://www.e-coin.io/
They support multiple local currencies as well

Yes im using E-coin and i love that company , but all i wanna do is to expose this evil company , im angry at them because they misleaded me on thier main thread Tongue

You didn't even bother looking further than the main thread? No wonder you're surprised.

Next time you're interested in any service that has a thread on this forum please (for your own sake), do some reading on the actual site.

Edit : Becarefull, a reply above was deleted by "marcotheminer" see above for a quote (Thats an other proof ):

And here is an answer :

You didn't get the point (like always) and the funny part you are still replying here but ok; the main reason for any company to be legit and trusted is telling the truth, we are not playing hidden games like telling people the sunny part and lets them find the hidden side, people have the right to know evey single rule or shady fees, Stop thinking that all people are stupid, and show some respect plz.

marcotheminer

legendary

Activity: 2072

Merit: 1049

┴puoʎǝq ʞool┴

Quote from: Brad Harrison on August 19, 2015, 11:49:19 AM

Why don't you guys use e-coin instead? small fees and you have access to all your funds at all times https://www.e-coin.io/
They support multiple local currencies as well

They provide prepaid cards. For some users, that's just fine. However for those that do not mind a little extra in fees for convenience and security, they can opt in for a debit card like Bit-X's or Xapo's (BTC is converted when you make a transaction not before).

point0

newbie

Activity: 14

Merit: 0

Quote from: Brad Harrison on August 19, 2015, 11:49:19 AM

Why don't you guys use e-coin instead? small fees and you have access to all your funds at all times https://www.e-coin.io/
They support multiple local currencies as well

Yes im using E-coin and i love that company , but all i wanna do is to expose this evil company , im angry at them because they misleaded me on thier main thread Tongue

Brad Harrison

full member

Activity: 168

Merit: 100

Why don't you guys use e-coin instead? small fees and you have access to all your funds at all times https://www.e-coin.io/
They support multiple local currencies as well

marcotheminer

legendary

Activity: 2072

Merit: 1049

┴puoʎǝq ʞool┴

Quote from: Coins168 on August 19, 2015, 10:52:31 AM

i wonder if bit-x made an announcement prior to the change of limits or any email sent to their debit card users

I don't think an email/announcement is necessary if limits are raised (if there isn't one, users aren't at a disadvantage (in my opinion)). I'll let them know that they should announce more often.

EDIT: Done, messages sent and replies received.

point0

newbie

Activity: 14

Merit: 0

Quote from: Coins168 on August 19, 2015, 10:52:31 AM

i wonder if bit-x made an announcement prior to the change of limits or any email sent to their debit card users

Good point thank you Cool

and im going to expose this company more , cause i know they are scammers with dirty plans!

Just look at all these Shaddy replies Omg! all of them just lies, i have never seen anything like this .

But wait i will expose them with more i will find some bit-X users to confirm if all there transactions were under 90%, and this will be a Shot to the head .

Coins168

member

Activity: 98

Merit: 10

i wonder if bit-x made an announcement prior to the change of limits or any email sent to their debit card users

marcotheminer

legendary

Activity: 2072

Merit: 1049

┴puoʎǝq ʞool┴

The 70% limit wasn't updated, it was 90%. This has been more clear (obviously).

point0

newbie

Activity: 14

Merit: 0

Quote from: BIT-X.com on August 19, 2015, 09:56:21 AM

Hi point0,

The limit was actually 90% per transaction (for the past month or so), it wasn't updated on the guide page correctly until recently. We apologies for the the confusion.

Here's a little explanation:

The '90% of a user's balance' limit per transaction acts as a safeguard (for BIT-X) against unknown future exchange rates (with the high volatility Bitcoin is known to have), especially so for large transactions. ATM/POS terminals require a near-instant (tenths of a second) response, otherwise a time out will occur and the transaction will be denied. This would be the case if more than 90% of a user's balance was available for a single card transaction (at the moment of authorization we do not know the exact amount that will be needed for the conversion so this 10% gives some room for changes in the exchange rate and fees).

If you have a 10 BTC balance in your BIT-X account, all 10 BTC is available through card spending however as is clear in the card rules (https://bit-x.com/guide/bitx-cards), each transaction cannot be larger than 90% of your total balance. In transaction #1 you can use 9 BTC through the card, transaction #2: 90% of 1 BTC through the card and so on.

At all times, your entire balance is available to you for any other uses, be it for a trade or or withdrawal!

All card rules, limits and fees can be found by reading through: https://bit-x.com/guide/bitx-cards

And please, don't try to extort us:

Regards,
BIT-X.com

This was the most shady reply and i confirm that BIT-X is a scam or Controlled by shady people.

First you said ; "The limit was actually 90% per transaction (for the past month or so), it wasn't updated" .

OK, First how could an important rule like this wasn't updated a month ago or so ? Second thing here is a poof that you are misleading people :

Last reply (yesterday) from "marcotheminer" confirms that he talked to you (bit-x) And said that he have been told this limits will be increased (Proof) :

http://s13.postimg.org/rp5p23vqv/image.png

Now here an other proof from "marcotheminer" Enjoy:

http://s17.postimg.org/acjxm52nj/image.png

And of course you will say "marcotheminer" is a crazy man and didn' know about this change and we didn't told him anything, ok here is a proof from one of your users confirms this :

http://s2.postimg.org/v65lkp395/image.png

And yea you will say , we dont know that guy and he looks crazy right ok ?

Just yesterday the rule has been changed ( But Huh! i have printed the page yesterday cause i was waiting for a shady reply) look :

http://s7.postimg.org/69hb88fxn/image.png

Why this rule was changed yesterday just after my thread Wink

huh?

Now after all this proofs im really waiting for a legit reply to explaine why are you guys running a shady scam and please respect members (THEY ARE NOT STUPID) , Dont tell them 10% of there balance will be locked for fees problems they will laugh at you, and they will search for more proofs so becarefull!

Now for the last part when u said dont extort us :

That was my signature address and i have all the right to post it whereever i want to collect tips , we all do this so please try an other thing also people will read the full thread and they will find other funny Shady words about you Bit-X , Plz Dont Scam us.

BIT-X.com

full member

Activity: 179

Merit: 100

Licensed Forex Participant - Bitcoin Debit Cards!

Hi point0,

The limit was actually 90% per transaction (for the past month or so), it wasn't updated on the guide page correctly until recently. We apologies for the the confusion.

Here's a little explanation:

The '90% of a user's balance' limit per transaction acts as a safeguard (for BIT-X) against unknown future exchange rates (with the high volatility Bitcoin is known to have), especially so for large transactions. ATM/POS terminals require a near-instant (tenths of a second) response, otherwise a time out will occur and the transaction will be denied. This would be the case if more than 90% of a user's balance was available for a single card transaction (at the moment of authorization we do not know the exact amount that will be needed for the conversion so this 10% gives some room for changes in the exchange rate and fees).

If you have a 10 BTC balance in your BIT-X account, all 10 BTC is available through card spending however as is clear in the card rules (https://bit-x.com/guide/bitx-cards), each transaction cannot be larger than 90% of your total balance. In transaction #1 you can use 9 BTC through the card, transaction #2: 90% of 1 BTC through the card and so on.

At all times, your entire balance is available to you for any other uses, be it for a trade or or withdrawal!

All card rules, limits and fees can be found by reading through: https://bit-x.com/guide/bitx-cards

And please, don't try to extort us:

Regards,
BIT-X.com

point0

newbie

Activity: 14

Merit: 0

Quote from: hopebit on August 19, 2015, 05:50:01 AM

I don't even understand the need for this discussion.

Even with old-style flat currency banks,
you can have one million $ stored in your accunt
but your credit card will still have daily/monthly spending limits.
And limits in the amount that can be withdraws from a ATM. Etc.
You can't withdraw one million in a single operation from a ATM.

That's for your safety so in case one steals your card and password,
they can't empty your account very quickly.
Which leaves you a chance to lock your acount and limit the damage.

You got the most crazy stupid Reply ever (off-topic) , First you said :

1 - "Even with old-style flat currency banks your credit card will still have daily/monthly spending limits" WHAT Simply OFF-Topic. cause we are not talking about daily/monthly ATM spending limit, Please next time read the main page.

But ok i will make my self stupid and say : Would You please give us an example of known banks that gives thier custemors ONLY 70% from there balance to spend in a single transaction .

2 - You said "You can't withdraw one million in a single operation from a ATM your safety so in case one steals your card and password"

Are out of your minde?? JUST WHAT THE FUCK ARE YOU TALKING ABOUT ?

- who said we want to cashout 1000USD in a single transaction ?? have you even read the main page ?!!

Sourgummies

hero member

Activity: 728

Merit: 500

Never ending parties are what Im into.

Quote from: hopebit on August 19, 2015, 05:50:01 AM

I don't even understand the need for this discussion.

Even with old-style flat currency banks,
you can have one million $ stored in your accunt
but your credit card will still have daily/monthly spending limits.
And limits in the amount that can be withdraws from a ATM. Etc.
You can't withdraw one million in a single operation from a ATM.

That's for your safety so in case one steals your card and password,
they can't empty your account very quickly.
Which leaves you a chance to lock your acount and limit the damage.

Sounds like a pro bank statement. This is not the same thing as you mention.

hopebit

newbie

Activity: 20

Merit: 0

I don't even understand the need for this discussion.

Even with old-style flat currency banks,
you can have one million $ stored in your accunt
but your credit card will still have daily/monthly spending limits.
And limits in the amount that can be withdraws from a ATM. Etc.
You can't withdraw one million in a single operation from a ATM.

That's for your safety so in case one steals your card and password,
they can't empty your account very quickly.
Which leaves you a chance to lock your acount and limit the damage.

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: point0 on August 18, 2015, 05:49:59 PM

What?? I think you are drunk as your english and out of your minde , look read the thread again and try to understand the main point, (take it easy ok?) we are not talking about funds being locked , what kind of weed do you use ?

Well you mention it here;

Quote

How can i use all my money while They have a dark hole.

They wanna put 30% in a virtual door.

Reply supporting that you can't withdraw in that post here;

Quote

only allowing the 70% of the total balance per transaction would be annoying for the people needing to withdraw all.

Yep, That really made me angry, and the worst part i was going to buy it without reading the full bit-x rules Angry , F****k.

And here:

Quote

Lets Say i have 100USD and i want to withdrawl all the money (urgently)...*snip*

Which is where i said you missed the point, you don't have 100USD on the card, you have BTC. Which you can withdraw normally regardless of using the card or not.

Are we done playing? I would really feel bad for marco if he had to pay me for these posts.

point0

newbie

Activity: 14

Merit: 0

Quote from: VirosaGITS on August 18, 2015, 05:40:30 PM

Quote from: point0 on August 18, 2015, 05:07:00 PM

Quote from: VirosaGITS on August 18, 2015, 05:00:38 PM

I'm sorry, i assumed you were from a developed country where people commonly know what a Debit card is.

The concept of a card that let you spend money contained within an account balance isin't a new thing. If you don't understand how it work, i welcome you to read up instead of spreading FUD. Which is what i meant by spam.

https://en.wikipedia.org/wiki/Debit_card
https://bit-x.com/guide/bitx-cards

WHAT THE FUCK ARE YOU TALKING ABOUT OMG!!!!! WE ARE TALKING ABOUT THE 70% LIMITS, WHY ARE YOU TALKING ABOUT DEBIT CARDS ARE YOU CRAZY ??

Stop spamming. I already told you. The rest isint locked you can withdraw it. It's not hard to understand. Move on, please.

What?? I think you are drunk as your english and out of your minde , look read the thread again and try to understand the main point, (take it easy ok?) we are not talking about funds being locked , what kind of weed do you use ?

VirosaGITS

legendary

Activity: 1302

Merit: 1068

Quote from: point0 on August 18, 2015, 05:07:00 PM

Quote from: VirosaGITS on August 18, 2015, 05:00:38 PM

I'm sorry, i assumed you were from a developed country where people commonly know what a Debit card is.

The concept of a card that let you spend money contained within an account balance isin't a new thing. If you don't understand how it work, i welcome you to read up instead of spreading FUD. Which is what i meant by spam.

https://en.wikipedia.org/wiki/Debit_card
https://bit-x.com/guide/bitx-cards

WHAT THE FUCK ARE YOU TALKING ABOUT OMG!!!!! WE ARE TALKING ABOUT THE 70% LIMITS, WHY ARE YOU TALKING ABOUT DEBIT CARDS ARE YOU CRAZY ??

Stop spamming. I already told you. The rest isint locked you can withdraw it. It's not hard to understand. Move on, please.

tommorisonwebdesign

sr. member

Activity: 448

Merit: 251

From what I understand, Bit-X is a totally legitimate service and you can always send your coins back to your wallet and access your funds a different way.

point0

newbie

Activity: 14

Merit: 0

Quote from: VirosaGITS on August 18, 2015, 05:00:38 PM

I'm sorry, i assumed you were from a developed country where people commonly know what a Debit card is.

The concept of a card that let you spend money contained within an account balance isin't a new thing. If you don't understand how it work, i welcome you to read up instead of spreading FUD. Which is what i meant by spam.

https://en.wikipedia.org/wiki/Debit_card
https://bit-x.com/guide/bitx-cards

WHAT THE FUCK ARE YOU TALKING ABOUT OMG!!!!! WE ARE TALKING ABOUT THE 70% LIMITS, WHY ARE YOU TALKING ABOUT DEBIT CARDS ARE YOU CRAZY ??

Topic: ------------> BEcarefull!! FROM BIT-X Debit CARD !!- <--------------- - page 2. (Read 3591 times)