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Topic: Bitcoin debit card - page 143. (Read 293872 times)

full member
Activity: 184
Merit: 100
February 17, 2015, 03:40:13 AM
Site down, da hell?

More worrying is that the site is hosted on microsoft azure. Oh dear.

it's only for frontend, we don't keep any private information in azure
legendary
Activity: 980
Merit: 1040
February 17, 2015, 03:33:15 AM
Site down, da hell?

More worrying is that the site is hosted on microsoft azure. Oh dear.
hero member
Activity: 938
Merit: 500
February 17, 2015, 02:52:48 AM
Site down, da hell?

Sorry, guys, looking into it..
hero member
Activity: 504
Merit: 500
sucker got hacked and screwed --Toad
February 16, 2015, 10:43:31 PM
Site down, da hell?
member
Activity: 66
Merit: 10
February 16, 2015, 10:21:06 AM
Sure, the reason for that is that we currently have 3 official and 1 unofficial exchange rates for our currency (and very strict currency controls and limitations in place), which makes inflation skyrocket, as we only have "access" to the worst exchange rate (black market). So, we keep looking for alternatives to safeguard our income, one of which is bitcoin (and fiat currency in general, other than our own.)

I can further explain this in detail if needed; suffice to say that a card such as this one would be highly welcome.

Not sure how you think a visa card is going to alleviate these problems. The card is denominated in US$, and each time you make a local purchase or withdraw money at an ATM, its the official exchange rate that will be applied. Im fairly sure you wont be able to withdraw US$ at an ATM there, nor can you make payments in $, it will all be in Bolivares at the official exchange rate.

A card like this might be handy if you want to make (internet) purchases abroad, but I suppose you'll have import taxes that make that about as pointless? or am I missing something ?
That's basically the point: Venezuelans get an allowance (what we call a "cupo") of $3000 a year to be spent on trips and/or internet purchases. If you want to buy something through eBay, Amazon, etc., you get a maximum of $300 out of those $3000. However, that's only if you didn't decide to spend it all on a trip or if it's not enough (as is the case when purchasing something over $300 through the internet) in which case, you're then forced to buy other people's allowances at the black market's (now sort of legal) exchange rate. So, it's much better to purchase, for example a laptop at $500 with 2 "cupos" at VEF 12/$ (official exchange rate), than to buy it locally at more than VEF 190/$ (black market).

So, a card like this one is -provided you can buy bitcoins in Bolivares or mine them, like I do- a way to avoid or alleviate all that.
legendary
Activity: 980
Merit: 1040
February 16, 2015, 05:45:22 AM
Sure, the reason for that is that we currently have 3 official and 1 unofficial exchange rates for our currency (and very strict currency controls and limitations in place), which makes inflation skyrocket, as we only have "access" to the worst exchange rate (black market). So, we keep looking for alternatives to safeguard our income, one of which is bitcoin (and fiat currency in general, other than our own.)

I can further explain this in detail if needed; suffice to say that a card such as this one would be highly welcome.

Not sure how you think a visa card is going to alleviate these problems. The card is denominated in US$, and each time you make a local purchase or withdraw money at an ATM, its the official exchange rate that will be applied. Im fairly sure you wont be able to withdraw US$ at an ATM there, nor can you make payments in $, it will all be in Bolivares at the official exchange rate.

A card like this might be handy if you want to make (internet) purchases abroad, but I suppose you'll have import taxes that make that about as pointless? or am I missing something ?
full member
Activity: 182
Merit: 100
February 16, 2015, 05:35:21 AM
Is the price of the card expected to be cheaper once you guys are out of beta ?

The price of the card is expected to be set at $17 once we are out of beta and EUR and GBP cards are available.
$10 for the USD one is still the promotional beta price, so grab one while it lasts!

Ok, ty for the reply ! Smiley

MEPH
member
Activity: 66
Merit: 10
February 16, 2015, 01:51:48 AM
Hi, I'm interested in testing/getting the card, but I live in a country which is not on the list (Venezuela). Any idea why not and if it'll be solved anytime soon?

Thanks.

we will certainly aim at providing the service for every country at some point, although it is hard to say about Venezuela for the moment. The current card issuer bank does not allow us to ship cards there, so, it is a matter of finding an alternative banking partner.

Do you think there would be high potential demand for such card in Venezuela?

As a temporary solution, can only suggest ordering the card to your relatives' or friends' address in a country from the list and nearby
Sure, the reason for that is that we currently have 3 official and 1 unofficial exchange rates for our currency (and very strict currency controls and limitations in place), which makes inflation skyrocket, as we only have "access" to the worst exchange rate (black market). So, we keep looking for alternatives to safeguard our income, one of which is bitcoin (and fiat currency in general, other than our own.)

I can further explain this in detail if needed; suffice to say that a card such as this one would be highly welcome.

Also, about the site, I was trying to register and didn't get the account activation e-mail, even when clicking on the "Lost code" link. Is registration locked, by any chance?
hero member
Activity: 938
Merit: 500
February 15, 2015, 08:04:26 PM
Hi, I'm interested in testing/getting the card, but I live in a country which is not on the list (Venezuela). Any idea why not and if it'll be solved anytime soon?

Thanks.

we will certainly aim at providing the service for every country at some point, although it is hard to say about Venezuela for the moment. The current card issuer bank does not allow us to ship cards there, so, it is a matter of finding an alternative banking partner.

Do you think there would be high potential demand for such card in Venezuela?

As a temporary solution, can only suggest ordering the card to your relatives' or friends' address in a country from the list and nearby
hero member
Activity: 938
Merit: 500
February 15, 2015, 08:01:18 PM
Is the price of the card expected to be cheaper once you guys are out of beta ?

The price of the card is expected to be set at $17 once we are out of beta and EUR and GBP cards are available.
$10 for the USD one is still the promotional beta price, so grab one while it lasts!
full member
Activity: 184
Merit: 100
February 15, 2015, 01:49:38 PM
And some strange thing all numbers after the decimal places are 0 which is not normal.

it should be fixed now

hero member
Activity: 672
Merit: 500
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February 15, 2015, 05:28:36 AM
awesome i am glad to hear all is working out, how would you rate the activation, time to get card, ease of having bitcoin loaded onto it so you can use it " not actual process but i mean like how long does it take before can spend it "

From the moment I got the card it only took minutes. Activation on the site was easy. The phone call for the pin code was no problem at all. Charging the card (waiting for the blockchain was the longest delay) was simple and fast.

All in all a very good experience.

The site needs some work like a running total in the transaction list also txid for blockchain transfers would be nice. And some strange thing all numbers after the decimal places are 0 which is not normal.

let me first of all say thank you for taking the time to respond. I am glad all went well and i feel a bit better hearing your experiences. The ideas you have suggested are good especially the placement of numbers after the decimal  Wink
member
Activity: 66
Merit: 10
February 15, 2015, 02:05:50 AM
Hi, I'm interested in testing/getting the card, but I live in a country which is not on the list (Venezuela). Any idea why not and if it'll be solved anytime soon?

Thanks.
full member
Activity: 182
Merit: 100
February 15, 2015, 01:47:44 AM
Is the price of the card expected to be cheaper once you guys are out of beta ?
hero member
Activity: 938
Merit: 500
February 14, 2015, 07:17:32 PM
awesome i am glad to hear all is working out, how would you rate the activation, time to get card, ease of having bitcoin loaded onto it so you can use it " not actual process but i mean like how long does it take before can spend it "

From the moment I got the card it only took minutes. Activation on the site was easy. The phone call for the pin code was no problem at all. Charging the card (waiting for the blockchain was the longest delay) was simple and fast.

All in all a very good experience.

The site needs some work like a running total in the transaction list also txid for blockchain transfers would be nice. And some strange thing all numbers after the decimal places are 0 which is not normal.

Thank you for your feedback and suggestions!

We will try to fix the issues you mention shortly
sr. member
Activity: 411
Merit: 250
February 14, 2015, 07:11:49 PM
awesome i am glad to hear all is working out, how would you rate the activation, time to get card, ease of having bitcoin loaded onto it so you can use it " not actual process but i mean like how long does it take before can spend it "

From the moment I got the card it only took minutes. Activation on the site was easy. The phone call for the pin code was no problem at all. Charging the card (waiting for the blockchain was the longest delay) was simple and fast.

All in all a very good experience.

The site needs some work like a running total in the transaction list also txid for blockchain transfers would be nice. And some strange thing all numbers after the decimal places are 0 which is not normal.
hero member
Activity: 672
Merit: 500
ADAMANT — the most secure and anonymous messenger
February 14, 2015, 02:08:53 PM
Nice I just bought something in a retails store with the PIN and chip. It works perfectly.

awesome i am glad to hear all is working out, how would you rate the activation, time to get card, ease of having bitcoin loaded onto it so you can use it " not actual process but i mean like how long does it take before can spend it "
sr. member
Activity: 411
Merit: 250
February 14, 2015, 01:38:08 PM
Nice I just bought something in a retails store with the PIN and chip. It works perfectly.
hero member
Activity: 672
Merit: 500
ADAMANT — the most secure and anonymous messenger
February 13, 2015, 11:24:10 PM
i really am glad to be seeing this good experiences, well mostly good i should say since clearly not everyone is going to be happy no matter what is done. I just hope more and more people keep on posting experiences that are positive and i guess even the bad ones that have merrit behind them and not just anger lol
hero member
Activity: 672
Merit: 500
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February 13, 2015, 11:22:24 PM
I can confirm that the card is accepted by paypal. It took only seconds to confirm the card in my paypal account. Very nice now I can buy stuff with bitcoin wherever paypal is accepted.

that is nicely done now if paypal would take bitcoin would be awesome, i would say with like a 5% transaction fee though that way it does not try to push bitcoin price down
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