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Topic: bitinstant paycard - page 2. (Read 26608 times)

legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
April 22, 2013, 12:39:02 PM
Could we get a response about the status of this project? Is it dead, stalled, or in process?
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
April 22, 2013, 12:33:30 PM
I guess it will never going to happen ever BUT what I can imagine a Ripple debit card will coming this year eventually. :-)

I'm having trouble imagining Ripple being released and being adopted by a large enough network to be useful this year, let along having a debit card.

future is unpredictable...  Grin
legendary
Activity: 1680
Merit: 1035
April 22, 2013, 12:05:43 PM
I guess it will never going to happen ever BUT what I can imagine a Ripple debit card will coming this year eventually. :-)

I'm having trouble imagining Ripple being released and being adopted by a large enough network to be useful this year, let along having a debit card.
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
April 22, 2013, 10:58:56 AM
I guess it will never going to happen ever BUT what I can imagine a Ripple debit card will coming this year eventually. :-)
hero member
Activity: 588
Merit: 500
Hero VIP ultra official trusted super staff puppet
April 22, 2013, 10:22:09 AM
Is this ever happening? The whole community was excited about it despite the fact that 2 other companies already provided the exact same thing long before this was prematurely announced. I for one am extremely bummed. I was going to use my BitInstant card all over the world. I guess it went the way of the Bitcoincard.
legendary
Activity: 1974
Merit: 1010
April 22, 2013, 10:18:52 AM
I'm guilty of pointing out flaws in Bitcoin related businesses in the past.  I believe most of us want Bitcoin to be successful.  Considering this I would rather try to help in any way I can with Bitcoin related projects rather then constantly pointing out flaws without any interest in being part of a solution.

I remember when this project was first discussed and yes it was sometime ago.  But rather then point fingers at the project or people for not yet being completed, I'd rather try to help see it to completion...

...FOR THE POWER OF THE BITCOIN and OUR ECONOMY!  Smiley

Just my 2 cents.
donator
Activity: 1736
Merit: 1014
Let's talk governance, lipstick, and pigs.
March 08, 2013, 12:31:11 PM
I have a feeling that 2014 will be the year for Bitcoin. There are a lot of projects in the works, but it takes years to get them released when you have to bootstrap them on shoestring budgets.
sr. member
Activity: 254
Merit: 250
March 08, 2013, 12:14:25 PM
I don't think the project is dead.  From what Charlie has said, they will pursue the idea until they can make it work.  However, at this rate, it is likely someone like kimdotcom will beat them to market.
legendary
Activity: 2856
Merit: 1520
Bitcoin Legal Tender Countries: 2 of 206
March 08, 2013, 07:45:18 AM
is the card dead now? the registration link is gone away on your website.

EDIT: ohh sorry it is only outsourced. below on the website is the link. good for you we don't need to pay in advance.

link is deleted now. does it mean project is dead??
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
January 27, 2013, 07:09:00 PM

Smoothie, you are so awesome for pointing all these things out! None of the rest of us have the intellectual capacity to notice any of these delays ourselves. Thanks for pointing out every one of them, for every delayed product, all over the forums, multiple times, instead of just letting us monitor the threads for any actual news! You being right on the Internets about obviously-delayed products being delayed makes you more awesome than anyone else on these forums!  Grin


 Kiss You're welcome.

It's so funny how people don't like to have things pointed out on this forum. Almost as if the truth hurts doesn't it?

The truth you pointed out about me posting really doesn't hurt at all though, that's the ironic thing.

It's cool that you point out things, we have our fair share of scams.

The problem with doing it over a forum is that text can be ready many different ways, and your writings can be seen as malicious even though you are doing it for the better of the community and Bitcoin as a whole.

Which is why i don't worry about how people take what I say. I have no control over it even if I did worry. So why worry. I just post. people can take it how they want, their free choice.
legendary
Activity: 1078
Merit: 1000
Charlie 'Van Bitcoin' Shrem
January 27, 2013, 05:29:40 PM

Smoothie, you are so awesome for pointing all these things out! None of the rest of us have the intellectual capacity to notice any of these delays ourselves. Thanks for pointing out every one of them, for every delayed product, all over the forums, multiple times, instead of just letting us monitor the threads for any actual news! You being right on the Internets about obviously-delayed products being delayed makes you more awesome than anyone else on these forums!  Grin


 Kiss You're welcome.

It's so funny how people don't like to have things pointed out on this forum. Almost as if the truth hurts doesn't it?

The truth you pointed out about me posting really doesn't hurt at all though, that's the ironic thing.

It's cool that you point out things, we have our fair share of scams.

The problem with doing it over a forum is that text can be ready many different ways, and your writings can be seen as malicious even though you are doing it for the better of the community and Bitcoin as a whole.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
January 27, 2013, 04:43:31 PM

Smoothie, you are so awesome for pointing all these things out! None of the rest of us have the intellectual capacity to notice any of these delays ourselves. Thanks for pointing out every one of them, for every delayed product, all over the forums, multiple times, instead of just letting us monitor the threads for any actual news! You being right on the Internets about obviously-delayed products being delayed makes you more awesome than anyone else on these forums!  Grin


 Kiss You're welcome.

It's so funny how people don't like to have things pointed out on this forum. Almost as if the truth hurts doesn't it?

The truth you pointed out about me posting really doesn't hurt at all though, that's the ironic thing.
legendary
Activity: 1680
Merit: 1035
January 27, 2013, 03:53:58 PM

Smoothie, you are so awesome for pointing all these things out! None of the rest of us have the intellectual capacity to notice any of these delays ourselves. Thanks for pointing out every one of them, for every delayed product, all over the forums, multiple times, instead of just letting us monitor the threads for any actual news! You being right on the Internets about obviously-delayed products being delayed makes you more awesome than anyone else on these forums!  Grin
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
January 27, 2013, 03:15:59 PM
Go to blog.bitinstant.com

There are already 3 blog posts on this subject.

If you want to stay updated, sign up for the preorder and info will be sent when available.

Oh and unlike BFL...we never took any money from anyone and we don't plan to until its launched.

Thanks.

Charlie

Signed up in September.

Already said that you folks didnt take money. My point was about the unnecessary hype.
legendary
Activity: 1078
Merit: 1000
Charlie 'Van Bitcoin' Shrem
January 27, 2013, 03:00:08 PM
Go to blog.bitinstant.com

There are already 3 blog posts on this subject.

If you want to stay updated, sign up for the preorder and info will be sent when available.

Oh and unlike BFL...we never took any money from anyone and we don't plan to until its launched.

Thanks.

Charlie
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
January 27, 2013, 01:38:52 PM

The OP shows they said "a few weeks" until they released it and now it is 5 months later. So no I don't need to develop it myself. I'm just pointing out the flawed model of hyping something then failing to deliver. Same as BFL.

We never gave a timeframe, all my quotes were saying hopefully in a few weeks, not guaranteed.

This announcement was never supposed to be released, the leak was my fault as I got excited. My excitement pushed this project back many months because Mastercard and our bank did not realize how huge and disruptive this project had become. Now, there is alot more to do.

The worst part is, I had to agree to Mastercard and others to stop talking about it until launch. So even talking here can jeopardize the project once more.

Charlie

You mean like this one below?

...
Edit: due to popular demand let me sum what I've seen on irc.
Code:
	We're launching our debit card in a few weeks
Who wants to see a pic ;-)

...

I don't see you saying "hopefully". You said "we're"...or "we are".

legendary
Activity: 1078
Merit: 1000
Charlie 'Van Bitcoin' Shrem
January 27, 2013, 01:21:22 PM

The OP shows they said "a few weeks" until they released it and now it is 5 months later. So no I don't need to develop it myself. I'm just pointing out the flawed model of hyping something then failing to deliver. Same as BFL.

We never gave a timeframe, all my quotes were saying hopefully in a few weeks, not guaranteed.

This announcement was never supposed to be released, the leak was my fault as I got excited. My excitement pushed this project back many months because Mastercard and our bank did not realize how huge and disruptive this project had become. Now, there is alot more to do.

The worst part is, I had to agree to Mastercard and others to stop talking about it until launch. So even talking here can jeopardize the project once more.

Charlie
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
January 27, 2013, 12:55:56 PM
Actually yes, you are absolutely right!
Gavin didn't expect and wish for so much attention and expectations before the announcement, though..
The "deadline" given here was meant differently than it is now made of, I feel..

Ente

I guess the original point stands, just slightly from a different angle: everybody thought it was going to be something actually important, then Gavin came up with an announcement nobody actually cares about. People did feel let down but nobody really wanted to be the one breaking this news to him/them.

So...careful with hype, it builds easy and blows up in your face even easier. This is thE IMTERMET!

The difference here is that no one knew what Gavins announcement was....you all know what this is.

In retrospect, me leaking this in a 3am IRC chat should not have caused this big of a hype. This project could take 4 weeks, or 4 months and there are alot of factors that go into this.

Most of you don't know what goes into creating and issuing your own card, its not easy for any company. Now imagine being in an industry where we have to convince everyone who needs to be involved that we are not the enemy, we are not money launderers or terrorists and we are responsible enough to take on this project.

You need permission from banks, card issuers, card makers, program managers, regulatory bodies, ect.

We are working thru it all, and most of the work is done as Erik has said.

Posting in this thread and coming up with opinions and ideas are stupid and just distract us from the real work we need to do.

We have posted many updates, always been transparent, never scammed anyone, and always have done what we say we will do.

Since this original announcement our team has doubled, budget doubled, operations grew, new relationships made and projects launched. This is not the only one.

Everyone on the preorder signup list will continue to get updates, this forum won't be the first spot when updates are posted.

-Charlie

So months later after the announcement...still no bitinstant paycard?

Sounds like BFL...only difference is you didn't take preorders. Just hype and more bullshit.
That is hell of a difference!
If you really believe that it is a good/needed business maybe you should develop it yourself.

Please explain to me how the announcement/advertisements (even in bitcoin magazine) are not hype?

The OP shows they said "a few weeks" until they released it and now it is 5 months later. So no I don't need to develop it myself. I'm just pointing out the flawed model of hyping something then failing to deliver. Same as BFL.
legendary
Activity: 2492
Merit: 1491
LEALANA Bitcoin Grim Reaper
January 27, 2013, 12:53:39 PM
...
Edit: due to popular demand let me sum what I've seen on irc.
Code:
	We're launching our debit card in a few weeks
Who wants to see a pic ;-)

...

A few weeks? Still waiting 5 months later.  Cheesy
hero member
Activity: 756
Merit: 522
January 20, 2013, 05:54:20 PM
That is hell of a difference!

Indeed.
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