Topic: ------------> BEcarefull!! FROM BIT-X Debit CARD !!- <--------------- - page 4. (Read 3591 times)
August 18, 2015, 12:20:24 PM
Seems like a way for them to scam
August 18, 2015, 12:06:58 PM
I really do not see the rationale behind this rule. I can't imaging that fees would take up all that much of someone's account balance.
If they are concerned that the sell order is going to move the market too much then their order book is really not very liquid because I have been able to sell 10+ BTC on the coinbase exchange in the past without even moving the market at all (and they are nowhere near the size of the largest exchange).
I don't buy "fraud prevention" as a reason why 30% of an account holder's balance needing to be tied up as being legitimate
If they are concerned that the sell order is going to move the market too much then their order book is really not very liquid because I have been able to sell 10+ BTC on the coinbase exchange in the past without even moving the market at all (and they are nowhere near the size of the largest exchange).
I don't buy "fraud prevention" as a reason why 30% of an account holder's balance needing to be tied up as being legitimate
You will get an official answer from Bit-X, I've asked them to clear things up here.
I will be the first one to read the official answer from Bit-X to clear this unfair CRAZY rule!
August 18, 2015, 11:29:36 AM
I really do not see the rationale behind this rule. I can't imaging that fees would take up all that much of someone's account balance.
If they are concerned that the sell order is going to move the market too much then their order book is really not very liquid because I have been able to sell 10+ BTC on the coinbase exchange in the past without even moving the market at all (and they are nowhere near the size of the largest exchange).
I don't buy "fraud prevention" as a reason why 30% of an account holder's balance needing to be tied up as being legitimate
If they are concerned that the sell order is going to move the market too much then their order book is really not very liquid because I have been able to sell 10+ BTC on the coinbase exchange in the past without even moving the market at all (and they are nowhere near the size of the largest exchange).
I don't buy "fraud prevention" as a reason why 30% of an account holder's balance needing to be tied up as being legitimate
You will get an official answer from Bit-X, I've asked them to clear things up here.
August 18, 2015, 11:04:15 AM
Bit-x Please note That this is a free Discussion forum and anyone have the right to expose SCAMS or shady fees 
!
!Absolutely, neither of which you are doing.
Yep, That really made me angry, and the worst part i was going to buy it without reading the full bit-x rules
, F****k. August 18, 2015, 10:57:36 AM
I really do not see the rationale behind this rule. I can't imaging that fees would take up all that much of someone's account balance.
If they are concerned that the sell order is going to move the market too much then their order book is really not very liquid because I have been able to sell 10+ BTC on the coinbase exchange in the past without even moving the market at all (and they are nowhere near the size of the largest exchange).
I don't buy "fraud prevention" as a reason why 30% of an account holder's balance needing to be tied up as being legitimate
If they are concerned that the sell order is going to move the market too much then their order book is really not very liquid because I have been able to sell 10+ BTC on the coinbase exchange in the past without even moving the market at all (and they are nowhere near the size of the largest exchange).
I don't buy "fraud prevention" as a reason why 30% of an account holder's balance needing to be tied up as being legitimate
August 18, 2015, 10:17:03 AM
Bit-x Please note That this is a free Discussion forum and anyone have the right to expose SCAMS or shady fees !
!Absolutely, neither of which you are doing.
August 18, 2015, 10:14:03 AM
Bit-x Please note That this is a free Discussion forum and anyone have the right to expose SCAMS or shady fees !
!Absolutely, neither of which you are doing.
August 18, 2015, 10:06:01 AM
Bit-x Please note That this is a free Discussion forum and anyone have the right to expose SCAMS or shady fees !
! August 18, 2015, 09:40:29 AM
Here we go again. Moderators, this is just a spam thread please delete.
The 70% limit is to prevent cases of fraud and to make sure each transaction goes through (with the relevant fees to be paid).
Here was my reply to the last post of yours:
I assume you're the same 'person' as https://bitcointalksearch.org/user/halim-540093 ?
I replied to the same 3 sentences of yours here: https://bitcointalksearch.org/topic/m.12045877
Also, what exactly do you mean by "And other things i think a respected member will mention them soon ."
STOP MISLEADING PEOPLE GO AWAY WITH YOUR SCAMMING CARD AND STOP IGNORING THIS POINT:
1 - In order to cashout from ATM , every transaction amount must be less than 70% of your balance.[/b][/size][/color]
What's misleading with that point? It's stated on the site (https://bit-x.com/guide/bitx-cards).
This is to make sure that users' transactions go through. Maximum transaction amounts are shown in real time on the site too!
Once 70% is spent, another transaction can be made with 70% of the remaining balance and so on, or withdrawn as BTC or any other curreny.
I was told that this limit will increase in the future.
The 70% limit is to prevent cases of fraud and to make sure each transaction goes through (with the relevant fees to be paid).
Here was my reply to the last post of yours:
BECAREFULL FROM THE BIT-X CARD:
.............................
.............................
I assume you're the same 'person' as https://bitcointalksearch.org/user/halim-540093 ?
I replied to the same 3 sentences of yours here: https://bitcointalksearch.org/topic/m.12045877
Also, what exactly do you mean by "And other things i think a respected member will mention them soon ."
STOP MISLEADING PEOPLE GO AWAY WITH YOUR SCAMMING CARD AND STOP IGNORING THIS POINT:
1 - In order to cashout from ATM , every transaction amount must be less than 70% of your balance.[/b][/size][/color]
What's misleading with that point? It's stated on the site (https://bit-x.com/guide/bitx-cards).
Quote
The maximum amount that can be spent in one transaction must be under 70% of a user's available balance when converted to the card's currency.
This is to make sure that users' transactions go through. Maximum transaction amounts are shown in real time on the site too!
Once 70% is spent, another transaction can be made with 70% of the remaining balance and so on, or withdrawn as BTC or any other curreny.
I was told that this limit will increase in the future.
August 18, 2015, 09:37:41 AM
Edit: After their official reply They might be running a shady scam Becarefull!
They have a secret shady fees (below) and it was changed just after 1 day of this thread , Saying that it was changed a month ago and they just didnt update their fees page or their customers huh ?
. Please becarefull im searching now for TRUSTED bit-X users to confirm how much They were allowed to cash out from the ATM 70% or 90% From their balance in one single transaction, Even if im sure bit-x will send soon some guys to proof thier side 90%
BECAREFULL FROM THE BIT-X CARD CAUSE :
In order to cashout from ATM , every transaction amount must be less than 70% (changed to 90% after posting this thread And still shady ) Cause 10% of your balance will be locked now.
BIT-X LISTEN PEOPLE ARE NOT STUPID AND THEY KNOW YOUR DIRTY 70% OR 90% PLAN .
EDIT: Read the bit-x funny reply : "Here we go again. Moderators, this is just a spam thread please delete .
The 70% limit is to prevent cases of fraud and to make sure each transaction goes through (with the relevant fees to be paid).
HAHHA 70% Of my money to prevent cases of fraud And to make sure my transaction goes through HAHAHA What a joke!
Also : Bit-x Please note That this is a free Discussion forum and anyone have the right to expose SCAMS or shady fees !
Edit:
I was the reason to increas their limits and to stop their shady scam, i think now im done here.
Note: Still you can only use 90% of your MONEY! so its up to you, to use this company.
Thank you All.
Tip: 12fugikkyFdPF6FDFCoa4ExzMt86JmDaLA
They have a secret shady fees (below) and it was changed just after 1 day of this thread , Saying that it was changed a month ago and they just didnt update their fees page or their customers huh ?
. Please becarefull im searching now for TRUSTED bit-X users to confirm how much They were allowed to cash out from the ATM 70% or 90% From their balance in one single transaction, Even if im sure bit-x will send soon some guys to proof thier side 90% BECAREFULL FROM THE BIT-X CARD CAUSE :
In order to cashout from ATM , every transaction amount must be less than 70% (changed to 90% after posting this thread
And still shady ) Cause 10% of your balance will be locked now.BIT-X LISTEN PEOPLE ARE NOT STUPID AND THEY KNOW YOUR DIRTY 70% OR 90% PLAN .
EDIT: Read the bit-x funny reply : "Here we go again. Moderators, this is just a spam thread please delete .
The 70% limit is to prevent cases of fraud and to make sure each transaction goes through (with the relevant fees to be paid).
HAHHA 70% Of my money to prevent cases of fraud And to make sure my transaction goes through HAHAHA What a joke!
Also : Bit-x Please note That this is a free Discussion forum and anyone have the right to expose SCAMS or shady fees
!Edit:
I was the reason to increas their limits and to stop their shady scam, i think now im done here.
Note: Still you can only use 90% of your MONEY! so its up to you, to use this company.
Thank you All.
Tip: 12fugikkyFdPF6FDFCoa4ExzMt86JmDaLA
Jump to: