Bitpay card tell me about it

[RoyBacon]

I sent the $9.95 in btc and was informed I would get the card in 7-10 business days.

Once I get it how do I load it? Send btc to my card addy? Is it immediately converted?

After it's loaded it works like a regular debit card?

[themike78]

Yes and yes.

[shocka1212]

where do I get one?

[themike78]

where do I get one?

Bitpay.com

[RoyBacon]

I assume they beat you up when btc is converted, or sold, and loaded?

I see btc trading at $2533 at Bitstamp now. What would Bitpay convert for like $2520ish? $2500?

[RudyRuetigger]

bro do you urinate sitting down or into the wind?

one is obviously true

[RoyBacon]

bro do you urinate sitting down or into the wind?

one is obviously true

So I either piss in the wind or sitting down and you can deduce that by me wanting to know how much juice Bitpay takes to convert btc? Find another troll mate for your potty trolls.

[teaserpleaser]

bro do you urinate sitting down or into the wind?

one is obviously true

salty

[teaserpleaser]

damn pitpay wants a lot of info

license and social?

[themike78]

damn pitpay wants a lot of info

license and social?

Yes. They are a real bank that issues the card. Its a ****. There is no bank in the U.S that is not going to ask for that info.

[Optional]

I assume they beat you up when btc is converted, or sold, and loaded?

I see btc trading at $2533 at Bitstamp now. What would Bitpay convert for like $2520ish? $2500?

There is a huge thread with many actual users commenting on it here: https://www.sportsbookreview.com/for...ebit-card.html

It sounds almost too good to be true... but it has turned out to be true. They dont beat you up ANYWHERE on exchange rates or charges. Has to be 30 plus different users in that thread and not one complaint about the exchange rate or fees.

[RoyBacon]

There is a huge thread with many actual users commenting on it here: https://www.sportsbookreview.com/for...ebit-card.html

It sounds almost too good to be true... but it has turned out to be true. They dont beat you up ANYWHERE on exchange rates or charges. Has to be 30 plus different users in that thread and not one complaint about the exchange rate or fees.

Thank you sir! My 10th business day is Monday. I'm like a 6 year old waiting for Santa.

[BuckyOne]

Definitely works at the point of sale. I have not noticed any fees or additional costs on purchases.

[MeanPeopleSuck]

I assume they beat you up when btc is converted, or sold, and loaded?

I see btc trading at $2533 at Bitstamp now. What would Bitpay convert for like $2520ish? $2500?

Bitpay's great. They take the middle of the Bid/Ask prices at Bitstamp the second you want to load your card, then charge you a tiny fee -- way less than 1% -- and give you 15 minutes to get the withdrawal started.

At first you'll have to wait for a confirmation before the card's loaded, but after trust is established and they're sure you're not trying to manipulate them based on BTC's price direction, they'll start crediting your card immediately, with zero confirmations.

It's a V I S A debit card, so you can use it everywhere that card's accepted (so basically everywhere) or withdraw cash directly from any ATM. It seems to good to be true, but there's no catch. I've been using Bitpay to pay for everything for over a year.

[Snowball]

Yes. They are a real bank that issues the card. Its a ****. There is no bank in the U.S that is not going to ask for that info.

too bad.

bitcoin is encountering some flack lately.

new regulations on tap

http://www.bing.com/news/search?q=senate+bitcoin&FORM=HDRSC6

[themike78]

too bad.

bitcoin is encountering some flack lately.

new regulations on tap
http://www.bing.com/news/search?q=se...in&FORM=HDRSC6

I have been saying this the whole time. It's only a matter of time before the U.S government heavily regulates it or bans it. Too much illegal activity with it. For fuks sake isis is using it. And I heard today about a major cyber hack in Europe with the hackers demanding Bitcoin as payment. I've said this the whole time the average person does not use Bitcoin it is used mainly for criminal activity. Gambling included. I know I would have nothing to do with Bitcoin if books didn't accept it.

[jjgold]

Always proceed with caution as far as bitcoin

[Sam Odom]

US Govt cannot ban bitcoins

[teaserpleaser]

US Govt cannot ban bitcoins

can they go after bit coin wallet places like coinbase and others?

[themike78]

can they go after bit coin wallet places like coinbase and others?

Of course. The I.R.S is already going after coinbase. I guess the government can't ban bitcoin, however they can shut down places that sell it. The other thing I don't get is how everyone said Bitcoin is some anonymous way to transact money. How is it so anonymous when you have to send identification, ss numbers, utility bills, and all kinds of other crap to actually cash it in? How is that anonymous?

[RoyBacon]

Got my card. Loading it was simple and works like a charm. Feel a little like a dufus for waiting this long. My only beef is the card is a swipe, no chip.

[RoyBacon]

Don't think btc's value has had anything to do with anonymity in a while. It has proven it can't be stopped and folks are realizing it is the future, like it or not. The fact the blockchain ledger is public offers a lot better tracing than govts have on their own currency and it's turning out to be a blessing and not a negative as the price movement is proving.

[BrickJames]

The Bitpay debit card is probably the best thing that has happened to online gambling since the mobile platform.

[themike78]

Yeah it's the best thing since neteller. Let's hope it lasts.

[stackz125]

Got my card. Loading it was simple and works like a charm. Feel a little like a dufus for waiting this long. My only beef is the card is a swipe, no chip.

Why does that bother you that it's a swipe and not chip?

[Optional]

Why does that bother you that it's a swipe and not chip?

As a foreign visitor to USA it's weird how backward the EFTPOS system is there.

Haven't swiped a card in years in Australia.

400 buck limits on your ATMs most places is a serious joke too. Robbery.

[eidolon]

Here is the a good view at what bitcoin is selling for at different exchanges:

https://www.worldcoinindex.com/coin/bitcoin

[TheMoneyShot]

I have been saying this the whole time. It's only a matter of time before the U.S government heavily regulates it or bans it. Too much illegal activity with it. For fuks sake isis is using it. And I heard today about a major cyber hack in Europe with the hackers demanding Bitcoin as payment. I've said this the whole time the average person does not use Bitcoin it is used mainly for criminal activity. Gambling included. I know I would have nothing to do with Bitcoin if books didn't accept it.

Going to be hard to ban something that is a "virtual" currency. Reason why US Govt sort of stopped citizens from offshore gaming years ago... was the US Banks. They can regulate what's in their homeland... when it comes to their own legal currency. Can't see how they can ban a worldwide currency.

[BrickJames]

They can't regulate it that's the whole point. We don't want them involved that's the whole point they can't get involved that's the whole point

[Pinoy-T-X]

Guys, bear with me on this one, because I'm old school and I don't know how this shit works.
I'm used to checks and wire transfers. I know , I know......

so once you get a bitpay card, how does your payout from the books get deposited to the card? Does it travel by wallet then to the debit card? Do you lose a certain amount because of the bit coin currency exchange?
for example it says $9.95 to get a bitpay card, and I ended up paying $13 from the wallet what gives? I'm just confused.
Bottomline, I just want to know how does the books pay out go to the bitpay card ?
And do you lose money in the process even tho there is no fees for the pay out.
TIA

[themike78]

Guys, bear with me on this one, because I'm old school and I don't know how this shit works.
I'm used to checks and wire transfers. I know , I know......

so once you get a bitpay card, how does your payout from the books get deposited to the card? Does it travel by wallet then to the debit card? Do you lose a certain amount because of the bit coin currency exchange?
for example it says $9.95 to get a bitpay card, and I ended up paying $13 from the wallet what gives? I'm just confused.
Bottomline, I just want to know how does the books pay out go to the bitpay card ?
And do you lose money in the process even tho there is no fees for the pay out.
TIA

First of all don't ever withdraw straight from the book to your card. You could get banned from bitpay because of gambling activity. Cash out from the book to block chain.info or some other middle man wallet then to bitpay card. Once you transfer to the bitpay address for your card your funds are converted to u.s dollars and it's basically just like any other debit card. It's really pretty simple and much faster than checks or wires.

[themike78]

Going to be hard to ban something that is a "virtual" currency. Reason why US Govt sort of stopped citizens from offshore gaming years ago... was the US Banks. They can regulate what's in their homeland... when it comes to their own legal currency. Can't see how they can ban a worldwide currency.

I realize they can't ban it but what they can do is shut down all the places that sell it to Americans making it extremely difficult to obtain Bitcoin. The IRS is already fuking with coinbase. The same thing happened to neteller the feds made it illegal for u.s citizens to use it but it still existed in foreign countries. I don't know I hope I'm wrong and Bitcoin becomes huge but I'm a little nervous.

[Pinoy-T-X]

Thanks themike78.
is coin base similar to block chain? I just heard crazy stories abt coin base.

[Pinoy-T-X]

^^^

[xraygord]

This is fukking dumb.

To use Bitpay, I need to have Bitcoins. For that I need a wallet. And Bitpay provides integration with Coinbase & Glidera.

HOLY FUKK!

Just stick with my credit card and bank. Why change? Stupid shit.