Topic: BitPlastic (Read 20468 times)

interesting.

1st post. 

BitPlastic is not a 'scam' per se

they deliver the card, but sometimes the card gets frozen by the bank .. they do warn about that on the website.  They dont control the bank.

At this point, I can't personally recommend the service, because the bank might randomly freeze the card.  Still, it's the only actually-working debit card for bitcoin out there .. but be prepared to lose money if the bank terminates the card (keep your funds on bitplastic wallet, NOT the card)

it does work at about 70% of ATMs worldwide

always has been afaik.

Bitcoin is the new scam country

I'm wondering is Poland a new bitcoin scam country like what Nigeria was for email scam? Just like offering 5.6 TH/s miner for $600.00 USD. https://bitcointalksearch.org/topic/announcment-brand-new-miner-emic-powermodule-565-ths-903855

0.25 BTC + 1.50$ + 2$ if you want cash + 5% conversion fee! It's an option but a very expensive option.

The FAQ site shows that they are mBank cards. These do block their cards like crazy. So even if this site is not scam, the debits they sell are useless.

This BitPlastic is the same scam https://enumbered.com they change the face but ..... still scam

Read the reviews about enumbered compare the php scripts and the template and you will find out who is in back of this business ....

---

Free Bitcoin Classified Website in IT Field | http://book-it-man.com |Welcome Bonus BTC 0.0423 | code CUCs6r

ok, i will post a review here;

I own of these cards from https://BitPlastic.com

Now, the card worked GREAT for a long time. So good I ordered another one when first one was maxed out

Problem is that they come from mBank and now mBank turns out to be a scam - NOT Dr. Moriarty, he is legit, far as I can tell

I never had trouble using the card until one day it stopped working

Moriarty explained this was due to mBank - I called mBank and they said I had to come to poland to unblock it. Well, no, i am not from poland!

BitPlastic is replacing my card at no cost but I've still lost the $100 sitting on the card unfortunately

That is the worst part about it... it is hilarious.  I like how now the user can't speak English well.  " I use site. Site good to me, no scum me, it is good site. " But in all their older posts they speak perfect English. Oh and gotta love the full address.  " I really like http://bitspeculate.com, it work ok for me, what you think? "

Moriarty is a clown. Piece of shit money stealing scam artist. 14 days Mike. Get that lawyer ready.

You're clearly an alt as shown by your recent posts all obviously promoting the products... why not try to make it slightly less obvious.

bitplastic works fine for me, i dont know if its a marketing technique that some people call others scum to lead the market or any thing but to me, every thing is just fine, i would have left it already
Posted from Bitcointa.lk - #bs6HVQ0lqP2u7dzw

am using the card and it saves me the thing of exchange, to me its okay

There goes Moriarty.... taking care of his customers....

Taking two months to refund money and then banning the customer!  Yeah Moriarty!  You rock!

Very clear scam proof including sock puppet accounts: https://bitcointalksearch.org/topic/m.8179319

More Proof http://antilyze.com

$80,000 theft proof (see OP of RickyJames) here: https://bitcointalksearch.org/topic/m.8180116

More Allegations including fake Fiverr reviews: http://tedjonesweb.blogspot.ru/2014/01/bitplasticcom-scam-bitplastic-bitcoin.html 

Checkout "The Bad List" at http://badbitcoin.org

or simply search "Moriarty" in this forum....  you can't miss him.

DO NOT USE: coinchimp.com, bitplastic.com, bitlaunder.com, bitwebhosting.com, paidbitcoin.com, bitarmored.com, walletpays.com, vcbtc.com, hotbitcoins.com, bitforum.org, bitspeculate.com, bitsweeps.com, paidbitcoin.com, bitbing.com, bitscams.org (although right now, not sure for how long but http://bitscams.org is a good site)

Ive answered you in this thread which has better backlog regarding the matter:
https://bitcointalksearch.org/topic/m.6433717

Svennand: Yes, I checked with my techs, and I'm 95% sure you simply sent your bitcoins to the wrong deposit address.
Maybe you copied the BitPlastic address wrong? Copy and pasted another address? I don't know.  Either way, you didn't send ANY FUNDS AT ALL TO BITPLASTIC.

Nothing. Zero. Zilch. 

Nevertheless, you go around on the internet screaming 'SCAM SCAM SCAM' in every single forum, every single post.  Fine.  You win.  Here's your 1 btc that you claim to have sent. 

https://blockchain.info/address/1DikXbvQxaGz6QP6T5f5whFJ1XXt2P4Ys2

There is your refund.  Hope you're happy.  I don't have the mental energy to deal with your constant attacks so there you go, I paid you out of my pocket.

By the way, you're banned permanently from every site on my network and any future site we launch.  And if we catch you trying to use one of our sites, your account will be frozen permanently. So please do not try.

You are banned from:
BitPlastic.com
BitLaunder.com
BitArmored.com
CoinChimp.com
BitForum.org
etc.

You know, we have over 10,000 clients, and you are the only one to ever cause this kind of problem.  If BitPlastic was a scam, more than one person (you) would be screaming it in this thread. But no, it's just you. 

And yes, we have been hacked in the past, and each time I paid clients out of my pocket.  But in this case, it wasn't hacking.  You simply sent your deposit to some unknown address.  It certainly was NOT one of ours!

Anyways, there you go, your 1btc if refunded.  Good luck.  Please don't hassle me anymore. Thank you

As mentioned, I refunded the user ct1aic for his debit card that he was not satisfied with.

Apparently, he was unhappy that the card did not look like the one pictured on the website main page.  He did not even try to use the card, however - he simply did not like the look of it.

We normally do not issue refunds simply because someone doesn't like how our card or website looks, but in this case we made an exception and fully refunded the customer. 

Please note that we clearly show what the card actually looks like here:
https://bitplastic.com/bitcoin-debit-card under the FAQ heading 'Does the card look like the one pictured on the website?' NO.

Other than that, I don't know how to provide any better service for this customer other than to refund his payment, which I did.  If he had tried to use the card, it would have worked just fine, as 10,000+ other BitPlastic customers can attest.

Michael Moriarty

This has been done in this thread:
https://bitcointalksearch.org/topic/m.6402899

Last message from moriartybitcoin:



My answer:

scam
Inbox

Michael Moriarty <[email protected]>
22:53 (34 minutes ago)

to ct1aic
I refunded your 0.15btc and also exposed your scam refund on bitcointalk.


My answer:

Hi and thanks for the refund you promised last 14 February.

As you can read at your BitPlastic Bitcoin Forum thread, you promised at your site, a yellow BITPLA$TIC engraved Mastercard Debit card and you sent me a Bank Zachodni's Polish VISA card. Working or not, it's not the same card you were (and still are) advertising, promising a Mastercard and even including a photo of it at your site and as I remember (your comment from last 14 Feb 2014: "...No matter though, I have updated the faq to show the correct image of the card https://bitplastic.com/bitcoin-debit-card"), because of my comment at the Bitcoin Forum, you had to include that info at your site:


Imagine yourself selling a FORD car, but not telling the brand at the advertise and using a photo of a lamborghini... Is it honest? I think not.

Your comment in your last email and at the Bitcoin Forum is offensive and I already reported it to the Forum Moderators.

Have a good day.

I figured out why this user is slandering me.  His website is: http://ct1aic.org/

He was promoting a total SCAM debit card at http://thebitcoincard.co.uk/ on his website (the link is still there)

The debit card site went down apparently as the host pulled the plug due to the scam.  The only reason he ordere the BITPLASTIC card was so that he could post here to ask for a refund. 

He is a total scam user and, actually, a scumbag.

We are trying to provide a solid, reliable, legitimate service to our users.

BitPlastic is NO SCAM.  I own 50+ other websites including https://CoinChimp.com, https://BitArmored.com, https://BitLaunder.com, https://BitSweeps.com, https://CoinChimp.com and http://BitForum.org and many more.

I make plenty of money off fees; there is no need to SCAM anyone.

Some users will attempt to extort me or scam me by leaving negative feedback and then requesting 0.10 btc (or more) for them to remove the feedback. This has happened multiple times.

If anyone has a grievance about BitPlastic, I respond to emails within hours ([email protected]) and I am also happy to address concerns in this thread. Simply post your BitPlastic username and your inquiry, and I will take care of the issue, IF you are a legitimate customer. 

If you are trying to blackmail/extort me, forgot it.

Michael Moriarty

Post your BITPLASTIC USERNAME here and your BITPLASTIC DEPOSIT ADDRESS so that we can see that funds were actually sent to your address, as you claim.

If funds were sent, you will be refunded, and I will post it publicly here.

This user was FULLY REFUNDED his 0.15btc which he paid for the debit card:

https://blockchain.info/address/1NG8guAew3N3jdPeokWza9HhU5VVVykykj

DISCLAIMER: This user got EXACTLY what he paid for but requested a refund nonetheless. I paid him out of my pocket, even though it cost me over 0.15btc to issue his card, which worked fine and was fully active. 

In my opinion, this is a DISHONEST and FRAUDULENT user and I have banned him from using any of the 50+ bitcoin related websites that I own.

I noticed that also. I sent them an email regarding SSL, but i didn't get any reply in 3 days...

Cryptexcard don't even has a valid SSL certificate: be very, very cautious.

I understand they need to protect themselves, but I'm really leery of uploading a copy of my ID and utility bill to a new, largely unknown company..

Looks like this is a 100% scam.

I found this out... hope they perform better:

CryptexCard
https://www.cryptexcard.com

They are not anonymous, though.

Still waiting for the promissed acknowlegde of deposited funds...

Still waiting for the promised refund...

So this turn to be scam?

Still waiting for the promised refund...

hah 5% conversion fee xD

well good luck. I expect more of such services in future that would be much cheaper.

Also it is not kind of service i was thinking it would be.

Good luck on refund.

Still waiting for the promised refund...

Still waiting for the promised refund...

Still waiting for the promised refund...

While I like the service, a huge part of the reason I ordered one of these today was to have a functional debit card with a bitcoin logo on it.  Despite reading the FAQ, I missed the card images at the bottom.  If I had seen that, I would not have ordered.  I suggest that if you ever get to be in the position to have cards produced with your own artwork, you offer a free replacement to existing customers.  In the meantime I suggest you put on each mock image of a card on the site that the image is 'not actual card imagery'.

Still waiting for the promised refund...

Thanks for your words, 31337157. You understood my (and other's) point of view.

This is in fact your first attitude of honesty since you start selling Polish VISA debit cards.

Beautiful way to treat customers... But this is in fact your second attitude of honesty since you start selling Polish VISA debit cards.

My BITPLA$TIC username: ct1aic
My BTC wallet for refund of the price paid for the Bank Zachodni's VISA card you sent my and that I didn't ordered (I ordered a yellow BITPLA$TIC engraved Mastercard Debit card): 1NG8guAew3N3jdPeokWza9HhU5VVVykykj

Please cancel my BITPLA$TIC account and VISA debit card and refund the 0.150 BTC I paid to BITPLA$TIC last Jan 23.

Upon reception of the refund, I will confirm it in this same thread.

Thank you for all of your posts, it's not the alarms or buyer beware posts that are keeping me away, it's your horrible attitude.

Services are created to cater to the people who use them, not you the owner. We don't care for your personal preferences and while some of your most influential customers are giving you key feedback, you're looking right over it and spewing garbage out of the chip on your shoulder.

Business isn't for everyone and this business clearly isn't for me or the BTC community.

"From reading the comments on one of the stories linked here, it appears when you go to load the card your bitcoins will mysteriously get stolen by a hacker using a man-in-the-middle attack.  Classic, not our fault, we got hacked scam."

Oh, you deduced that from reading some comments in a forum, did you?

Well, let me explain. We repel THOUSANDS of hacking attempts daily.  Bitcoin sites, including BitPlastic, get HAMMERED by attackers.

In one instance several weeks ago, a hacker was able to intercept incoming deposits for a period of about six hours.  The hacker stole a few bitcoins and customers didn't know (or care) since we paid out of pocket. We have an 'insurance fund' which we build up from our profits that enables us to cover small losses like that. Only one customer actually lost money, and that we because he sent an unusually large amount (6BTC) which we didn't have enough funds to cover. 

Unlike BitStamp or MtGox, we do not freeze withdrawals and all client funds are stored offline in a paper wallet, meaning even if our server gets rooted (and it has!) the attack generally cannot do much damage. He certainly cannot steal client funds in cold storage; it is physically impossible to do that.  So, yes, we had one hacking incident in which ONE client lost funds he sent to his wallet on that specific day because those funds were stolen in transit before they made it to our cold storage wallet. The customer still uses BitPlastic but sends his large deposits directly to the cold storage wallet simply bypassing the site entirely, which works well too.

That being said, we have upgraded security and that kind of attack will never happen again. That's not to say other attacks aren't possible. As MtGox and BitStamp are finding out, no online wallet is 100% safe all the time.  That's why we store funds in cold storage rather than online. 

"if you can't sell a debit card with the aspect and image of the one you are presenting at your site, don't use that image at all or you will be cheating your clients."

Really, it matters that much what the card looks like?  Personally, if I ordered a debit card, I wouldn't care whether it looks different from what is pictured on the site, as long as it WORKS.  No matter though, I have updated the faq to show the correct image of the card:
https://bitplastic.com/bitcoin-debit-card

"In my case, and as I'm a client of the Bank Zachodni, with direct access to the account of a debit card with same image of the one I received from BitPlastic, I would never buy it from BitPlastic. I feel cheated."

You feel CHEATED?  You ordered a Bitcoin debit card and you received a Bitcoin debit card.  Tell you what.  Post your BitPlastic username here and an external Bitcoin wallet address. I will HAPPILY refund your debit card deposit and delete your BitPlastic account.  Sound good?

IN FACT, IF YOU FEEL 'CHEATED' BY SUCCESSFULLY PURCHASING ONE OF OUR PRODUCTS, AND RECEIVING IT, YOU ARE NOT SOMEONE WE WANT AS A CLIENT.  WE WILL BE HAPPY TO REFUND YOUR DEBIT CARD DEPOSIT!!

From reading the comments on one of the stories linked here, it appears when you go to load the card your bitcoins will mysteriously get stolen by a hacker using a man-in-the-middle attack.  Classic, not our fault, we got hacked scam.

My comments are trying to point out your lack of honesty. I bought one BitPlastic, because of the aspect of the card. If you put an image of something for selling, the buyer wants that same aspect/image, and not some other object.

BitPlastic site needs to have an alert for the "image" of the debit card not being the image of the real thing they are sending to their clients. In my case, and as I'm a client of the Bank Zachodni, with direct access to the account of a debit card with same image of the one I received from BitPlastic, I would never buy it from BitPlastic. I feel cheated.


As I told before, if you can't sell a debit card with the aspect and image of the one you are presenting at your site, don't use that image at all or you will be cheating your clients. Try to be honest and use the real image of the Polish debit card you are sending to your clients, as the service you are also selling is useful.

Technically, yes, there is a $3500 USD limit on the card.  What this means is that $3500 USD can processed through the card in a one year period.

Please note this limit is set by the bank, not by us.  Banks are required to set a low limit for the card because of anti-money-laundering rules.

However, the limit means nothing.  If you need to convert $35,000 per year from Bitcoin to cash, then you just need to buy 10 cards - either all at once or over a one-year period, it's up to you.

The card is 100% FREE.  So once you hit the $3,500 limit on your card, we refunded your card deposit fee, and you can request another card, if you so choose.

As for the card being a 'scam', I don't see where that accusation would come from.  Yes, you can buy similar prepaid cards on ebay, but how does that help you convert bitcoin to cash?  Plus the ebay/paypal fees are significant.

No, we do not issue these cards out of our own office; we are NOT a bank.  These cards are issued by Bank Zachodni in Poland.  We handle all aspects of the card for you, from registering (difficult, because it is in polish) to converting bitcoin and funding your card.  Yes, you could do this on your own and probably save some money on fees.  We automate the process and make it easy to convert Bitcoin to cash. 

For more info, please see:
https://bitplastic.com/bitcoin-debit-card

What? BitPlastic, is this true? Isn't there a 2500eur per year limit on these Bank Zachodni WBK cards?

BitPlastic is, in my humble opinion, something like a SCAM! The card they send is not like the Mastercard seen at their site and @ Facebook, it's not new, but is instead a regular debit VISA Electron card from the Polish Bank Zachodni WBK, that anyone can buy at eBay at a very lower price. I had bought one with same Eiffel Tower image, starting with same 4830 4712 card number and from same Polish bank, at the beginning of last year.

'You store customers IP addresses? Seriously? Any service claiming to be anonymous would delete all server records daily. bitplastic.com home page currrently says "It works!" by the way. Very professional.'

I don't know what homepage you're viewing, but it's not https://BitPlastic.com

And yes, we store client IPs to help prevent hacking.  Every web service stores IPs, it's a major security precaution to prevent your account from being compromised. It is easy to change your IP if want to (TOR, VPN, etc..)

BitPlastic enables you to remain anonymous. Here are some tips if you are really paranoid.  These will protect you even if the actual server gets seized by authorities (not very likely):

1. use TOR or NordVPN's new Double VPN service (make sure to type https://BitPlastic.com when using TOR or you could fall victim to an SSL man in the middle attack!)

2. create an anonymous email on safe-mail.net (using TOR or VPN) and sign up with that. 

3. if ordering a debit card, have it shipped to a friend's house.  We delete your shipping address immediately when we ship your card, so there's not much risk here.

4. Don't withdraw bitcoin to an exchanger (like Coinbase or CAVirtex) under your real name, or the transaction can be traced to you through the blockchain.

Hope these tips help.  Good luck and stay safe.

POS limit is $500, you're right I should update the FAQ with this information and I will.  Most people just want to withdraw cash though

Just a note on security... this service appears to give you the ability to remain anonymous if you know how to.  You can use Tor, use an anonymous email, receive a card to your name of choice at an address of your choice, ignore that card for months, send BTC to the card from an anonymous wallet, and spend from it without showing ID.

I can understand being paranoid but when I get to the point that I don't mind risking a couple hundred dollars I'll have to find a reason not to do so.  $200 a day is not a fortune but neither is it insignificant.  Sigh, if only I had looked a bit closer the first time I looked into Bitcoin.

What is the daily limit at Point-of-Sale? Still $200 only? Why is this info not in the FAQ?

Everything leaves a trail, or is intercepted. You are being naive if you think "the cops have no way to figure out who BitPlastic users are". Silk Road buyers thought the same. The fact you aren't a company at all makes it very convenient for you just to disappear at any time with people's money.

You store customers IP addresses? Seriously? Any service claiming to be anonymous would delete all server records daily. bitplastic.com home page currrently says "It works!" by the way. Very professional.

You're right about one thing; you can not trust ANY service not to turn over records to the government.  Expect that everything you enter on a webpage is going to end up in the hands of law enforcement, hackers, or marketers - perhaps all three!

That's why we do not collect any personal information from our clients. We have no information to give up.

First of all, we don't have a door to knock on.  We are not incorporated anywhere nor do we have a real-world office that can be raided.  Also, because we keep withdrawals under $200 USD per day per card, we are not breaking any laws. These cards are issued by a European bank!

Second, even if our servers were compromised by law enforcement or (much more likely) by hackers, there would be no useful information on them.  No bitcoin is stored on our servers, and we don't request personal information from our clients. We don't know who our clients are.  We don't even require a real name to receive the debit card.  The only information we require is a shipping address and that gets deleted the moment the card is shipped out.  We store IPs to prevent hacking/fraud on your account but you can easily use TOR or some other anonymity service. 

Short answer is: the cops have no way to figure out who BitPlastic users are because even the owners of BitPlastic don't know.

Second, hackers cannot steal your personal information because we store no personal information.

The whole point of this service to enable people to convert bitcoin to cash securely, conveniently and anonymously. 

See: https://bitplastic.com/bitcoin-cold-storage

Lots of vendor offer services for high amounts and use "anonymity" as the reason for the high charges. Until the FEDs come knocking on your door, and you instantly give up all your records. Not saying you will do this, but its a common pattern, particularly in the "offshore company" and "offshore bank account" sectors.

How long have you been in business as BitPlastic?

'My gut says BitPlastic might be a good one, but my analytical side says it's not. Paralysis follows, for the moment.'

We have 10,000+ users, most of which are happy.  The main complaint I hear is the fees.  Yes, the fees are on the high side, but unlike CoinBase, CaVirtex and probably MtGox we don't report your private financial information to the IRS or CRA.  We don't even know who you are.  So you'll get what you pay for.  With BitPlastic, you are paying for privacy and anonymity in conducting your bitcoin transactions.  With CoinBase, you never know when you'll get a knock on the door from the IRS. 

We are launching an exchanger site at http://CoinChimp.com which will have a lower issuance fee ($50) but a higher transaction fee (10%).  We will see if that is more popular. If you're planning on moving large amounts of money, you're still better off paying the higher issuance fee on BitPlastic

thanks JoeVentura these are some good suggestions:

1. Have a "Forgot your password" function on your website >> You can always email [email protected] if you forgot your password.  Nobody gets locked out if they use a valid email

2. Have different tiers of service such as:          Cheap card with high service fee  and         High cost card with low service fee
>> Might be too complex for one site, but we are launching http://CoinChimp.com and we will try a different pricing structure; same debit card, but lower issuance fee and higher transaction fees

3. $200 a day limit is going to be a real limitation >> Sorry, but AML/KYC laws govern banks. You will not find another anonymous card with higher limit than $200.

4. Give away a few cards in exchange for honest reviews >> Not necessary, as we receive more than enough attention already

Nah the daily limit kills it for me, and the "if you want a higher daily limit, buy more cards" response.

its 0.15 now, and with coupon should be 0.11, anybody tried coupon? does it works?

Who was to know what BFL would be like? .... I've never seen a company operate like that. Even more remarkable, they are still here

BitPlastic does actually look quite good. Ticks most of the non-scam boxes but my issue to start was the thing was way too expensive, plus the $200 a day daily limit. You don't get a lot for $200 these days, the limit reduces the utility of the card. If they drop the prices and get that limit raised, certainly interested.

Yup. Balance is everything. I'm really glad I ignored the chatter in 2011 that said "BTC is no good. It's a scam. It's a Ponzi. Blah blah" and I'm really glad I paid attention to the chatter that said "Pirateat40 is no good. It's a scam. It's a Ponzi. Blah blah" and I wish I hadn't been so impressed with Gavin's off-the-cuff endorsement of BFL's then-new Jalapeno that I threw caution to the winds and placed a first-month BFL order.     

Of course I look for patterns in all this for "next time" - but I find none. Each time is unique. My gut says BitPlastic might be a good one, but my analytical side says it's not. Paralysis follows, for the moment.

Yes, I understand now. We're all on 11 on the 1-10 paranoid scale, so will miss opportunities because of it. True enough. But I'd rather miss opportunities than fall for the dozens of scams seemingly running every week. I think I might be a 12 actually

There is none, at a literal level. My point was that if this had come our way in more innocent times, say 2011, we might have been more willing to give it a try - the era before BFL, Pirate, Snowden... you name it.

Community wariness has gone way up, understandably. We will miss some opportunities as a result. Perhaps this is one of them, perhaps not.

Don't see any connection between this and BFL, sorry.

I just got an affiliate person's ad for this in my email so came here to see what the buzz was.

My first thought was that it is very pricey, but I see how it might be a lot less hassle to use than jumping through hoops at the exchanges.

I like the feisty FAQ page: https://bitplastic.com/bitcoin-questions

You know, if it hadn't been for the BFL fiasco I might have been a lot more amenable to new ventures like this. BFL toughened us all up, for better or worse. We look under every rock now, perhaps too much so.

I'm not ready to buy one yet, mainly because I'm trying to accumulate BTC, not convert it to fiat. It's definitely worth watching though. Good luck with the venture.

Here are things you can do to improve your service:

1. Have a "Forgot your password" function on your website
2. Have different tiers of service such as:
         Cheap card with high service fee
         High cost card with low service fee

3. $200 a day limit is going to be a real limitation
4. Give away a few cards in exchange for honest reviews

Since you already said you can't give away any cards you probably don't have the finances to make a go of this service.

Wishing you the best of luck.

Who ever wants to find out,
you could be right and maybe no-one will
perhaps I am daft as your certainly entitled to your opinion,
either way, the result is there for anyone who is interested.   

Asking us to click a link instead of just pasting in the story is just plain daft. What % of people do you think will click the link?

Hi All

As with my previous comments, Ive been testing the Bitplastic Bitcoin Debit Card, and wrote a small diary of the journey
Managing to expose the "Raxcard Ripoff", Im hopefull that Bitplastic with provide the answer to what Im seeking

After the money turned up into my Bitplastic Bitcoin Debit Card and I went to the local store with card loaded and my pin memorised
I give the card to the shop attendant and ...................... (Sorry for the suspense but you'll have to click below)

http://tkdcentral.com/archives/bitplastic-bitcoin-debit-card-www-bitplastic-com-revolutionary-or-ripoff-our-experience-so-far/

If This Story Helps You, Buy Me A Cuppa or just donate to
1Jjh7WFENU4n1o2kR5gnZ4JHvjnUyDTeNk

Are you related to the OP?

For BitcoinTalk users I created a discount :-)

You can get 0.04btc off the cost of the card by entering coupon code 'bitcointalk' when you request the debit card.

Hope that helps ..

https://BitPlastic.com

yeah, the fees need dropping IMHO

the fees maybe cost a little o much but i really enjoy and like the idea behind bitplastic, its like a bitcoin creditcard
i love it. I dont see it being useful now a this point in time and i think prices will be lowered when people want bitcoins more
and more stores open for bitcoins that accept them.

Hi

Ive opted in and put the money up for the bitplastic bitcoin debit card, It is costly! Around $200 - $250 is expensive.
But you are paying for the simplicity & privacy. I personally feel to exposed when sending license or ID
details to someone I dont know. Just based off Bitcoins history so far with Silk Road probably the biggest,
I think anonymous works great until the Bitcoin Kinks are ironed out, in saying that, I am a big bitcoin believer.

At first, there were stages I was skeptical of Bitplastic and thought it would be like
The Raxcard Ripoff in which they just blatantly stole my money with a straight out lie.
But my opinion on bitplastic is positive overall to date, Now I'm just about to find out if the card works

Bitplastic have kept me well informed and at the time of writing this Im at the stage where my card has
just been loaded with BTC (24-48hr process) then Im heading to the ATM where I live in Australia
and see how it goes. I had some security issues at first when my account was hacked but bitplastic
have quickly made the required changes and since it seams to be running safe and secure

I'm sick to death of straight out bitcoin thieves so I'm exposing any I come across thanks to a mates webpage
I work hard for my money as we all do, and to make money takes my time out of my precious life to earn.
While we get preyed on while were trying to find answers to problems, so I hope others can also benefit from my experiences

Im not involved with any of these groups, I write it as my experience happens, and have done the same for Bitplastic
Ive documented my dealings with raxcard.com to warn others. Im also currently watching Pyramining and now Bitplastic
Should Bitplastic come through, Ill praise them as I should but if they are the opposite, I guess youll read about it here

Should the money draw out ok, its alot cheaper that releasing cash MtGox (which was a 22% fee)
going through Virwox to paypal was something like 18% total fee. Bitplastic has been approx 5% to load the card with BTC
Im pretty sure its a $2 fee where I live so it totals approx 7% to have cash in your hand (After the 0.2 BTC cost of each card)

So my last thing to do is find out if the money comes out ok with the card, I have my pin number, card and Ill put the result on the webpage
in 48hrs of this blog. Im actually very confident Itll work, I think Micheal is offering something that's wanted, especially for bitcoin miners.
A simple way to turn bitcoins into cash anonymously, at least until the bitcoin economy is larger

You can find my experience so far by clicking below

http://tkdcentral.com/archives/bitplastic-bitcoin-debit-card-www-bitplastic-com-revolutionary-or-ripoff-our-experience-so-far/

My Raxcard & Pyramining results so far are also linked on that page if it helps

If This Story Helps You, Buy Me A Cuppa or just donate to
1Jjh7WFENU4n1o2kR5gnZ4JHvjnUyDTeNk

And you are operating legally in which  jurisdiction?

Hi folks, I'm Mike Moriarty, owner of https://BitPlastic.com

First, if you don't like the cost of the card, don't buy it.  But why bitch about it endlessly?  Other services like CoinKite and CaVirtex offer MUCH cheaper bitcoin cards. So use them :-)

People who value privacy love our debit card because, unlike the other cards out there, we don't request documents or verification of our customers.  Some people simply can't meet the demands of verification because they are permanent travellers, or because they live in a country from which the documents are not accepted.  Some folks simply don't like the idea of sending their personal identity documents off into the black hole of cyberspace.

You don't mind faxing your ID and passport to CaVirtex or CoinKite?  Then go use them.  And if their site gets hacked, and your identity documents get re-sold on the black market to identity thieves, maybe that 0.25 btc price for security won't seem to steep after all ...

Oh, and of course these other card-issuers will report your income to the IRS, so if you're a US citizen, I hope you declare your Bitcoin earnings :-)

And no, we don't report to anyone, period. In fact, we don't even know who you are, as we request no personal information whatsoever.

Want to discuss this with me?  My personal email is [email protected] and I always respond to all emails.

Mike Moriarty
https://BitPlastic.com

I sincerely doubt they had a business plan, not one that didn't deserve to go in the bin anyway

I agree and just looking at the fees and the start price it looks like they are only looking at the business plan from the aspect of making their money back and not at the long-term of making it a full-time business otherwise they would lower the initial cost and their fees down were it becomes attractive to everyone and instead of breaking even on a few people and then going bankrupt they would have a very viable long-term business generating a profit.

Microsoft thinks this way, with every XBOX 360 sold Microsoft took a hit of $100 or so. I am not sure if they are taking any hit on the Xbox One but it wouldn't surprise me if they where. MS knew if they sold it in volume that people would buy buy their services which would make up for the loss, well these guys at Bit Plastic already have the service they just need to think of it in terms of volume.

NASA thought in terms of volume when the Space Shuttle was around and not blowing up, they offered to put companies satellites into orbit at half the cost it would take to launch them by rocket. They had people lined up out the door! And then they fucked up and blew the shuttle up!

First of all it costs too much initially. Then the fees are ridiculous. I can't see them getting much business.

0.25BTC to get the card?!? Are they insane?

This card costs almost as much as the card limit. I am OUT!

Ooops I see they charge a 5% conversion fee, which is too much for me! As they say on Dragons Den, I AM OUT!

Check out https://bitplastic.com/ it's a newer debit loader card for loading your bitcoins onto and using it to buy stuff in fiat cash.

Because the person wanted to keep it anonymous the card is limited to $200 USD a day, but you can own multiple cards. There is also a one time fee to get the card, 0.25BTC, there are no hidden fees or monthly fees. There is a interact fee of about $1.50, if you live in Canada their will be a bank machine fee likely associate to it as banks have gotten more clever at stealing our money that they now charge a machine fee to withdraw money from them if you are not a member of their bank. So when I use TD or CIBC with my Scotia Bank card I am dinged $2.00 as a machine fee, and then my bank dings me another $1.50 for an interact fee.

I don't know anything about it and nor am I related to it. I am just sharing what I know, so don't shoot the messenger!