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Topic: Bit-X is the worst bitcoin prepaid card ever (Read 2486 times)

legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
August 04, 2015, 01:05:59 PM
#41
Quoting for visibility.

The title needs fixing too (it's a debit card not a prepaid card like advcash or e-coin).

Could you elaborate on why the things you wrote are a problem for you? I'll be able to write more and clear up some issues once I'm off mobile but for now, a few things to note:

E-coin fees are the same (or even higher) than bit-x fees (and it's not a debit card but rather a prepaid card). The usual monthly fees (and even inactive monthly fees) do not exist on the bit-x card! As it's clear, other fees apply and can be seen on the card guide page (https://bit-x.com/guide/bitx-cards). Which of those do you find too high? Of course, different people will have different opinions on these fees (which have been lowered recently, and will most likely continue dropping). Wouldn't all consumers like free services (especially so in this kind of economy)? I would. However, business costs are still a thing (until everyone accepts BTC) Tongue.

I've used all four (main) BTC card services, Bit-x, Xapo, E-coin and Advcash. The last 2 being prepaid cards. From my experiences with each (I've tested each quite well) bit-x and Xapo offer the most competitive deal, a debit card that allows you to keep your balance in BTC instead of having to exchange funds and preload the card (which isn't anything special). They're also quite competitive to other BTC exchanging services like Localbitcoin cash trades or even services which deposit fiat into your bank account, in regards to fees and convenience.

If you have any other opinions on the card please do write them here or even to the site support, but let's try to keep discussions or debates civilised. Smiley I don't own Bit-X.
legendary
Activity: 2982
Merit: 1485
Why would you use Bitcoin debit cards anyway? We have apps in our mobile phones for micro transactions. We don't need physical debit cards with high % fees.

Well how can you spend coins on your highstreet as nearly ever shop doesn't accept bitcoin. These cards just give you the option to spend your coins directly.

What's the point of paying with Bitcoin if you pay %3 to 10 fee per transaction? Bitcoin's slogan is send money worldwide with ALMOST ZERO fee.

they are talking about prepaid debt card not about bitcoin transaction fee, bitcoin transaction is still same like free but bitcoin to other bitcoin address so when you use 3rd party services you have to pay some fee for that.

What the heck are you talking about? What Bitcoin transaction fee? Read the conversation again. We are talking about 3rd party service fees here.
legendary
Activity: 1050
Merit: 1000
Why would you use Bitcoin debit cards anyway? We have apps in our mobile phones for micro transactions. We don't need physical debit cards with high % fees.

Well how can you spend coins on your highstreet as nearly ever shop doesn't accept bitcoin. These cards just give you the option to spend your coins directly.

What's the point of paying with Bitcoin if you pay %3 to 10 fee per transaction? Bitcoin's slogan is send money worldwide with ALMOST ZERO fee.

they are talking about prepaid debt card not about bitcoin transaction fee, bitcoin transaction is still same like free but bitcoin to other bitcoin address so when you use 3rd party services you have to pay some fee for that.
legendary
Activity: 2982
Merit: 1485
Why would you use Bitcoin debit cards anyway? We have apps in our mobile phones for micro transactions. We don't need physical debit cards with high % fees.

Well how can you spend coins on your highstreet as nearly ever shop doesn't accept bitcoin. These cards just give you the option to spend your coins directly.

What's the point of paying with Bitcoin if you pay %3 to 10 fee per transaction? Bitcoin's slogan is send money worldwide with ALMOST ZERO fee.
newbie
Activity: 20
Merit: 0
Why would you use Bitcoin debit cards anyway? We have apps in our mobile phones for micro transactions. We don't need physical debit cards with high % fees.

Well how can you spend coins on your highstreet as nearly ever shop doesn't accept bitcoin. These cards just give you the option to spend your coins directly.
hero member
Activity: 602
Merit: 500
I'm waiting for a 0% fee card. 

Wait until bitcoins go to the price of $100,000.. Man, 0% isn't going to happen especially if fiat is involved no company would have a 0% fee..
legendary
Activity: 2072
Merit: 1049
┴puoʎǝq ʞool┴
Could you elaborate on why the things you wrote are a problem for you? I'll be able to write more and clear up some issues once I'm off mobile but for now, a few things to note:

E-coin fees are the same (or even higher) than bit-x fees (and it's not a debit card but rather a prepaid card). The usual monthly fees (and even inactive monthly fees) do not exist on the bit-x card! As it's clear, other fees apply and can be seen on the card guide page (https://bit-x.com/guide/bitx-cards). Which of those do you find too high? Of course, different people will have different opinions on these fees (which have been lowered recently, and will most likely continue dropping). Wouldn't all consumers like free services (especially so in this kind of economy)? I would. However, business costs are still a thing (until everyone accepts BTC) Tongue.

I've used all four (main) BTC card services, Bit-x, Xapo, E-coin and Advcash. The last 2 being prepaid cards. From my experiences with each (I've tested each quite well) bit-x and Xapo offer the most competitive deal, a debit card that allows you to keep your balance in BTC instead of having to exchange funds and preload the card (which isn't anything special). They're also quite competitive to other BTC exchanging services like Localbitcoin cash trades or even services which deposit fiat into your bank account, in regards to fees and convenience.

If you have any other opinions on the card please do write them here or even to the site support, but let's try to keep discussions or debates civilised. Smiley I don't own Bit-X.
legendary
Activity: 2982
Merit: 1485
Why would you use Bitcoin debit cards anyway? We have apps in our mobile phones for micro transactions. We don't need physical debit cards with high % fees.
hero member
Activity: 504
Merit: 500
the whole point of bitcoin is to remove completely credit debit card and anythign related to fiat, and for this reason i'm against unification of bitcoin with fiat in this way

why people can not simply use bitcoin where they accept bitcoin with their smarthphone, and leave the rest for fiat for now, when bitcoin will reach a bigger adoption you will be able to use it directly without any bullshit auto conversion

Amph is correct, of course, but sometimes you really need fiat.

I also agree with what most saying: they are too expensive in their present form. Therefore I don't use them.

If you need quick fiat, why not use localbitcoin.com? With a Swish app, the transaction is instant to your normal debit card.
legendary
Activity: 2632
Merit: 1094
Bit-x has a very high fee but it's more reliable than other debit cards. Every debit card has a huge fee applied to it but I agree than Bit-x shouldn't charge for activating the card. However, all the fees they charge are known from the start and hence it's a person's wish if they want to use the card or not. No compulsion there.
Nas
full member
Activity: 167
Merit: 100
All Bitcoin prepaid/debit cards are useless but Bit-X is the worst. Who wants to pay ridiculous fees for nothing? Just don't use them.
legendary
Activity: 1596
Merit: 1010
haven't run into any issues with my Bit-X card yet. The issuing back is very slow for processing refunds though, but that's not Bit-X's fault
sr. member
Activity: 448
Merit: 251

Dude look 3 things : maybe you are the most stupid person on bitcointalk if so congratulations! or you have a sexual relationship with the Bit-X owner,  if so i respect Love  Kiss  and i hate gays, Or you have no options if so SHUT THE FUCK UP,  First you said :

i loose about 5-10% exchanging btc to skrill here on forum    -  WHO THE FUCK CAAAAARES  ?  ARE YOU FUCKING HIGH ?  you are trying to exchange TO skrill using exchangers, that why we are trying to use stupid services like e-coin, bit-x  got it .?   Shocked

also why you bring bank fees , we are talking about the service fees also the most stupid thing about bit-x is this (again):

The maximum amount that can be spent in one transaction must be under 70% of a user's available balance ...  LOOL   Kiss
Im done!

I sure hope you are done, because you obviously have a problem with both manners and logic.
I'm talking about how for some people, there's an obvious benefit from using bitx card instead alternative skrill version, and i was talking about overall costs because i calculate my costs in that way.
But you're right, i am an idiot for trying to explain it to you when you, so i'll just stop trying.

cheers


Yeah that the best thing to do , Stop explaining your shit, talking about using skrill while we are talking about Bitcoin prepaid cards , Please Kill your self or change your profile pic cause u make me sick (sir) with your stupidity .
If you don't want to pay the fees associated with bitcoin debit cards, simply do not use them and stick to local fiat to Bitcoin trading. Telling people to kill themselves because you don't have a good argument makes you look like a coward and a complete moron.
hero member
Activity: 840
Merit: 1000
Of course is fucking high, or how can they pay so much money of sig campaign every week? IMO they pay over 10 btc for sig posting, if they make money from users, how can they earn money to maintain marketing expenses.
full member
Activity: 224
Merit: 100
i can see 1 hot chick there near the blue guy the one in the bottom
member
Activity: 84
Merit: 10
Ohhh thank God, I didn't buy it.
Currently all the bitcoin debit card are much overpriced and also ridiculously high monthly fee and inactivity fee are also there.

I'll wait for sometime to buy a bitcoin debit card.
legendary
Activity: 1036
Merit: 1001
/dev/null
even OP behaves like stupid without elementary manners he is actually not so far from my opinion. why the hell we should use services like bit-x?

please guys, now forget about your signature. I came here, because I want to be independent and don't want another login, support mail and plastic card. I have enough of this already..
be so kind, consecrate me at tell me in few points: what is real advantage of using bit-x prepaid card?

and if I'm saying REAL, I mean something, what I can't do with my fancy bitcoin right now..

legendary
Activity: 1344
Merit: 1006
I was even planning of getting one myself just to try it out but with this comments and feedback about bitcoin prepaid card its officially out of my bucket list.
newbie
Activity: 14
Merit: 0

Dude look 3 things : maybe you are the most stupid person on bitcointalk if so congratulations! or you have a sexual relationship with the Bit-X owner,  if so i respect Love  Kiss  and i hate gays, Or you have no options if so SHUT THE FUCK UP,  First you said :

i loose about 5-10% exchanging btc to skrill here on forum    -  WHO THE FUCK CAAAAARES  ?  ARE YOU FUCKING HIGH ?  you are trying to exchange TO skrill using exchangers, that why we are trying to use stupid services like e-coin, bit-x  got it .?   Shocked

also why you bring bank fees , we are talking about the service fees also the most stupid thing about bit-x is this (again):

The maximum amount that can be spent in one transaction must be under 70% of a user's available balance ...  LOOL   Kiss
Im done!

I sure hope you are done, because you obviously have a problem with both manners and logic.
I'm talking about how for some people, there's an obvious benefit from using bitx card instead alternative skrill version, and i was talking about overall costs because i calculate my costs in that way.
But you're right, i am an idiot for trying to explain it to you when you, so i'll just stop trying.

cheers


Yeah that the best thing to do , Stop explaining your shit, talking about using skrill while we are talking about Bitcoin prepaid cards , Please Kill your self or change your profile pic cause u make me sick (sir) with your stupidity .
legendary
Activity: 1722
Merit: 1000
Satoshi is rolling in his grave. #bitcoin

Dude look 3 things : maybe you are the most stupid person on bitcointalk if so congratulations! or you have a sexual relationship with the Bit-X owner,  if so i respect Love  Kiss  and i hate gays, Or you have no options if so SHUT THE FUCK UP,  First you said :

i loose about 5-10% exchanging btc to skrill here on forum    -  WHO THE FUCK CAAAAARES  ?  ARE YOU FUCKING HIGH ?  you are trying to exchange TO skrill using exchangers, that why we are trying to use stupid services like e-coin, bit-x  got it .?   Shocked

also why you bring bank fees , we are talking about the service fees also the most stupid thing about bit-x is this (again):

The maximum amount that can be spent in one transaction must be under 70% of a user's available balance ...  LOOL   Kiss
Im done!

I sure hope you are done, because you obviously have a problem with both manners and logic.
I'm talking about how for some people, there's an obvious benefit from using bitx card instead alternative skrill version, and i was talking about overall costs because i calculate my costs in that way.
But you're right, i am an idiot for trying to explain it to you when you, so i'll just stop trying.

cheers
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