onlycoin.com | Bitcointalksearch.org

koelen3

legendary

Activity: 1022

Merit: 1007

Sooner or later, a man who wears two faces forgets

Quote from: freedombit on February 26, 2015, 12:19:26 AM

Looks like Coin started shipping a couple months ago. I'd sure love to unload all of my credit/debit cards - and hopefully include Bitcoin someday. If this works, it will also get everyday people to start thinking differently about payment technology and likely be a small leap towards crypto.

Sure, mobile payments via waving a smartphone over a reader would be better (one device), but for now....

Can anyone verify if they've actually starting beta testing?

So people actually got it ??

freedombit

sr. member

Activity: 274

Merit: 250

Looks like Coin started shipping a couple months ago. I'd sure love to unload all of my credit/debit cards - and hopefully include Bitcoin someday. If this works, it will also get everyday people to start thinking differently about payment technology and likely be a small leap towards crypto.

Sure, mobile payments via waving a smartphone over a reader would be better (one device), but for now....

Can anyone verify if they've actually starting beta testing?

Bitcoinpro

legendary

Activity: 1344

Merit: 1000

its a bitcoin client that runs through eftpos machines, just do away with all the cards and replace them with a bitcoin card Cheesy

Phinnaeus Gage

legendary

Activity: 1918

Merit: 1570

Bitcoin: An Idea Worth Spending

Quote from: Nemesis on November 23, 2013, 02:32:15 PM

Quote from: Stevenrm87 on November 23, 2013, 01:52:14 PM

Quote from: escrow.ms on November 23, 2013, 12:23:05 PM

Its really cool.. but but their simple process of adding cards can get abused easily.
For example, if someone owns this onlycoin device and if by chance he got access to someone else's credit card, he just need to swap it and take some pictures to make a credit card clone.

I like it, but, what he said.

I can see my gf doing this LOL

Seriously CC companies make it so damn easy to use their cards (they really dont care...)

Hell, daily I hand my card over to complete strangers that anyone of them could rape me of thousands, but I'm more apt to protect my bitcoin storage devices, namely my laptop from strangers. Although, while I was in Atlanta, the same laptop was stored where they stored the coke in the room adjacent to BitPays office during the meetup, then the next day was hidden(?) underneath the Bitcoin Magazine table during the duration of the Bitcoin conference, even when Jason, Rassah, I, et al. left by foot to eat lunch a few blocks away.

Nemesis

sr. member

Activity: 462

Merit: 250

Quote from: Stevenrm87 on November 23, 2013, 01:52:14 PM

Quote from: escrow.ms on November 23, 2013, 12:23:05 PM

Its really cool.. but but their simple process of adding cards can get abused easily.
For example, if someone owns this onlycoin device and if by chance he got access to someone else's credit card, he just need to swap it and take some pictures to make a credit card clone.

I like it, but, what he said.

I can see my gf doing this LOL

Seriously CC companies make it so damn easy to use their cards (they really dont care...)

dominicwin

member

Activity: 84

Merit: 10

Quote from: escrow.ms on November 23, 2013, 12:23:05 PM

Its really cool.. but but their simple process of adding cards can get abused easily.
For example, if someone owns this onlycoin device and if by chance he got access to someone else's credit card, he just need to swap it and take some pictures to make a credit card clone.

I think I'd be more worried about my waiter abusing it than credit card thieves.

Stevenrm87

sr. member

Activity: 403

Merit: 250

Quote from: escrow.ms on November 23, 2013, 12:23:05 PM

Its really cool.. but but their simple process of adding cards can get abused easily.
For example, if someone owns this onlycoin device and if by chance he got access to someone else's credit card, he just need to swap it and take some pictures to make a credit card clone.

I like it, but, what he said.

AgeraS

member

Activity: 84

Merit: 10

Could you not use this exact card to hold different wallets, e.g. BTC, LTC, etc.. They could be stored on the card and are sent to it via bluetooth. Then you could have a cellphone app that uses the 3.5mm headjack card reader to process the bitcoin payments. This would be like a Trezor, a cold storage computer, but one that you can fit in your wallet and actually use to make payments. Would this not work?

escrow.ms

legendary

Activity: 1274

Merit: 1004

Its really cool.. but but their simple process of adding cards can get abused easily.
For example, if someone owns this onlycoin device and if by chance he got access to someone else's credit card, he just need to swap it and take some pictures to make a credit card clone.

Phinnaeus Gage

legendary

Activity: 1918

Merit: 1570

Bitcoin: An Idea Worth Spending

I won't be surprised if Coin interfaces with Bitcoin given the following:

http://www.theverge.com/2013/11/14/5103820/coin-electronic-card-to-hold-all-your-credit-cards

Quote from: Phinnaeus Gage on April 05, 2012, 02:10:40 PM

MintChip, meet Ice Cream.

Soon accepted at all Baskin Robbins in Canada.

List of Judges: http://mintchipchallenge.com/details/judging

Osama Bedier
Vice President of Payments, Google

Ian Bennett
President and CEO, Royal Canadian Mint

David Birch
Director, Consult Hyperion

Bob Borchers
General Partner, Opus Capital

David Crow
Chief Marketing Officer, Maintenance Assistant Inc.

Jeff King
Senior Director X.commerce Platform Partnerships, eBay

Amanda Lang
Senior Business Correspondent for CBC News and Anchor of The Lang & O’Leary Exchange

Coinseeker

sr. member

Activity: 252

Merit: 250

Doesn't make sense made for Bitcoin. Bitcoin only does Bitcoin. What are you going to switch between, Bitcoin and...Bitcoin? This made for Ripple, now that's useful. Switch between Bitcoin, Litecoin, USD, EUR, etc....that would be a game changer for sure.

b!z

legendary

Activity: 1582

Merit: 1010

They should have made it for Bitcoin. It would be pretty cool.

Coinseeker

sr. member

Activity: 252

Merit: 250

Very cool! Although still based on a banking system that is utterly unsustainable. So, more cool gadgets for a bankrupt, debt-based system.

Zakryze

sr. member

Activity: 308

Merit: 250

That guy is going to be the new Bud Spencer of Bitcoin i guess...

tom.hashemi

full member

Activity: 169

Merit: 100

VERY cool. I like this a lot.

CoinHoarder

legendary

Activity: 1484

Merit: 1026

In Cryptocoins I Trust

That looks pretty cool. I'm not sure what this has to do with Bitcoin though. It looks to me like this will only work with debit/credit cards. There seems to be major complications in creating a Bitcoin cred/debit card. There have been a few projects rumored to be in the works for over a year now, but nothing has come to fruition. I think it is probably pretty hard figuring out the regulation, KYC, negotiating with visa/mc/whatever. I really hope a Bitcoin debit/credit card exists one day.. that would be awesome. It doesn't seem like this is it though.

lucaspm98

sr. member

Activity: 280

Merit: 250

Quote from: forbun on November 16, 2013, 05:45:15 AM

actually, it's legit. i know a lot of people who have pre-ordered it already.

Its not legitamate until there are finished, working models available for immediate purchase and use. Until then it's just an interesting but far off dream.

niothor

hero member

Activity: 826

Merit: 501

in defi we trust

Quote from: forbun on November 16, 2013, 05:45:15 AM

actually, it's legit. i know a lot of people who have pre-ordered it already.

Legit means when people start actually receiving the product.
"Starts shipping Summer 2014" it's a turn off.

forbun

member

Activity: 107

Merit: 10

actually, it's legit. i know a lot of people who have pre-ordered it already.

Come-from-Beyond

legendary

Activity: 2142

Merit: 1010

Newbie

Quote from: Phinnaeus Gage on November 16, 2013, 01:33:02 AM

What are the chances that Bitcoin will be able to interface with it?

None. Coz Onlycoin is vaporware.

Edit: It's a credit card holder in the picture. My bank gave me the same thingie for my card. It can be used to put inside only 1 (or 2 if u r strong enough) credit card.

Topic: onlycoin.com (Read 5312 times)