Bitcoin debit card

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  • 2ndchance
    SBR MVP
    • 02-14-17
    • 1056

    #946
    So confused can somebody just tell me what I should do if I wanna order bitcoin from sbr store and what should I use. Is it all the same when u first do it coinbase,blockchain is it the samething plus is there other options that are better and going to prob just put the Bitcoin I get into a sportsbook? I watch the tutorial but there seems to be newer and easier ways but I dunno?please help thank you.
    Comment
    • BeatTheJerk
      BARRELED IN @ SBR!
      • 08-19-07
      • 31794

      #947
      Hey dumb question guys so sorry in advanced. Is the fee for withdrawing money out of the ATM considered one of the 200 transactions, in order for BitPay to generate a 1099 form ?
      Comment
      • TheMoneyShot
        BARRELED IN @ SBR!
        • 02-14-07
        • 28672

        #948
        Originally posted by BeatTheJerk
        Hey dumb question guys so sorry in advanced. Is the fee for withdrawing money out of the ATM considered one of the 200 transactions, in order for BitPay to generate a 1099 form ?
        Only use my card typically twice a month on avg. Never had any forms generated by BitPay.
        Comment
        • play4win
          SBR MVP
          • 06-23-11
          • 2208

          #949
          these clowns now ask for verification with ID! these scums
          Comment
          • BeatTheJerk
            BARRELED IN @ SBR!
            • 08-19-07
            • 31794

            #950
            Originally posted by TheMoneyShot
            Only use my card typically twice a month on avg. Never had any forms generated by BitPay.
            Then you would have kept the transactions under 200 @ 24 & if the fee counts as a transaction as it is listed on the activity log. That’s 48 total you are in the clear by far. There’s a chance I will be using it way far often than that (regarding ATM withdrawals).
            Comment
            • Optional
              Administrator
              • 06-10-10
              • 61390

              #951
              Originally posted by BeatTheJerk
              Hey dumb question guys so sorry in advanced. Is the fee for withdrawing money out of the ATM considered one of the 200 transactions, in order for BitPay to generate a 1099 form ?
              I'd guess no because it is already in US$ by the time it is taken.
              .
              Comment
              • BeatTheJerk
                BARRELED IN @ SBR!
                • 08-19-07
                • 31794

                #952
                Originally posted by Optional
                I'd guess no because it is already in US$ by the time it is taken.
                Thanks for your opinion Optional.
                Comment
                • TheMoneyShot
                  BARRELED IN @ SBR!
                  • 02-14-07
                  • 28672

                  #953
                  Originally posted by BeatTheJerk
                  Then you would have kept the transactions under 200 @ 24 & if the fee counts as a transaction as it is listed on the activity log. That’s 48 total you are in the clear by far. There’s a chance I will be using it way far often than that (regarding ATM withdrawals).
                  I don't necessarily believe that Bitpay falls under the category of 200/$20,000. Just to be safe... you should never abuse the card... (several transactions etc.) But I understand you want to be extra cautious... and you should be.
                  Comment
                  • BeatTheJerk
                    BARRELED IN @ SBR!
                    • 08-19-07
                    • 31794

                    #954
                    Originally posted by TheMoneyShot
                    I don't necessarily believe that Bitpay falls under the category of 200/$20,000. Just to be safe... you should never abuse the card... (several transactions etc.) But I understand you want to be extra cautious... and you should be.
                    Thanks for your opinion as well TMS. We gotta stick together & huddle our minds, so the MAN doesn’t take away a percentage of our profits. I will use with caution ....
                    Comment
                    • MrCavalier
                      SBR Sharp
                      • 12-27-18
                      • 279

                      #955
                      Originally posted by play4win
                      these clowns now ask for verification with ID! these scums
                      Im American, and by default Americans are the worlds greatest conmen. Let me explain. First I will neither confirm nor deny if I have done this myself or know of someone who has done this. Plenty of local poker games have some questionable characters.. Deadbeats, druggies and people who just don’t care about sh!t. Suppose your willing to give a druggie, 100 for his ID and 100 plus some oxycodone for his social security number.. Boom! Bit pay card is now free and clear of you.. Head to local corner store buy a burner prepaid phone and your on the way to the last step. Probably the most important. Most people think bitcoin on block chain is anonymous... it isn’t. Invest in a good bitcoin mixer before you load funds on the card.. While not completely 100% anonymous the mixer is close to it. Don’t feel bad about it.. Remember taxation is legalized theft!
                      Comment
                      • Snowball
                        BARRELED IN @ SBR!
                        • 11-15-09
                        • 30054

                        #956
                        Originally posted by play4win
                        these clowns now ask for verification with ID! these scums
                        ID and other verification is getting so prevalent now in BTC that the tightening has turned BTC
                        into less attractive method for guys like us. We are not interested in BTC as an investment.
                        Overpaying a lot for BTC without ID and risking getting scammed is not worth it. The tightening
                        is making BTC no different than USD. Private transactions are different but only the real private ones
                        with ppl you know are worth it, not the online players on Paxful or LBC.
                        State books are going to hurt offshore with Americans next year. I would rather provide ID
                        to the State that issued the ID and can be relied 100% to pay immediately and all the time if that's what
                        we are going to have to do. Not going to sweat taxes when the rate and trigger limits are so reasonable.

                        Plus BTC is very vulnerable for many reasons to another massive price drop.
                        Last edited by Snowball; 01-04-19, 11:33 AM.
                        Comment
                        • TheMoneyShot
                          BARRELED IN @ SBR!
                          • 02-14-07
                          • 28672

                          #957
                          Originally posted by play4win
                          these clowns now ask for verification with ID! these scums
                          Who's asking for ID?? Bitpay? Are you trying to get a new card? Or is this a new procedure for old acct holders?

                          They never asked me for ID.
                          Comment
                          • Snowball
                            BARRELED IN @ SBR!
                            • 11-15-09
                            • 30054

                            #958
                            Originally posted by TheMoneyShot
                            Who's asking for ID?? Bitpay? Are you trying to get a new card? Or is this a new procedure for old acct holders?

                            They never asked me for ID.
                            They seem to have access to your ID even if you don't send them, they pull it up when you give them your Social Security number
                            and agree to let them validate you.

                            "Proof of identity (POI): The information entered below must be the same as it appears on your valid government-issued ID. Your ID should contain your full name, date of birth (DOB), your photo, and expiration or validity date. This will be used to verify your identity.
                            Comment
                            • BeatTheJerk
                              BARRELED IN @ SBR!
                              • 08-19-07
                              • 31794

                              #959
                              Originally posted by Optional
                              I'd guess no because it is already in US$ by the time it is taken.
                              Oh to be clear not the fee the ATM charges, but the added fee that Bitpay applies simultaneously.
                              Comment
                              • ATC727
                                SBR Wise Guy
                                • 08-23-14
                                • 762

                                #960
                                Anyone ever get a call from bitpay when loading several thousands on to it?
                                Comment
                                • ATC727
                                  SBR Wise Guy
                                  • 08-23-14
                                  • 762

                                  #961
                                  Or any issues with high loading volume? Let me go pro since I’m here.
                                  Comment
                                  • Optional
                                    Administrator
                                    • 06-10-10
                                    • 61390

                                    #962
                                    I think it would need to be more than several thousand for them to notice or report anything.
                                    .
                                    Comment
                                    • themike78
                                      SBR MVP
                                      • 07-01-13
                                      • 4873

                                      #963
                                      Originally posted by ATC727
                                      Anyone ever get a call from bitpay when loading several thousands on to it?
                                      No. what did they ask you?
                                      Comment
                                      • ATC727
                                        SBR Wise Guy
                                        • 08-23-14
                                        • 762

                                        #964
                                        Didn’t get one either, nor do I want to get one. Just seeking advice on how to mitigate any concerns they might have. Glad nobody did either.
                                        Comment
                                        • TheMoneyShot
                                          BARRELED IN @ SBR!
                                          • 02-14-07
                                          • 28672

                                          #965
                                          Originally posted by ATC727
                                          Didn’t get one either, nor do I want to get one. Just seeking advice on how to mitigate any concerns they might have. Glad nobody did either.
                                          Didn't get one.... nor do you want to get one??? Why are you asking a question then???
                                          Comment
                                          • themike78
                                            SBR MVP
                                            • 07-01-13
                                            • 4873

                                            #966
                                            Originally posted by ATC727
                                            Didn’t get one either, nor do I want to get one. Just seeking advice on how to mitigate any concerns they might have. Glad nobody did either.
                                            Unless your transfering millions of dollars which is over their limit anyways I wouldn't worry about it. Its just like any other prepaid debit card. I've used places like these for years and they never bothered me about where money was coming from loading the card.
                                            Comment
                                            • ATC727
                                              SBR Wise Guy
                                              • 08-23-14
                                              • 762

                                              #967
                                              Because I’m loading thousands and want to know if others ever had any experiences like that.
                                              Comment
                                              • jtoler
                                                BARRELED IN @ SBR!
                                                • 12-17-13
                                                • 30967

                                                #968
                                                this card doesnt work anymore does it why no mention
                                                Comment
                                                • PaperTrail07
                                                  SBR Posting Legend
                                                  • 08-29-08
                                                  • 20423

                                                  #969
                                                  ? mine works fine
                                                  Originally posted by jtoler
                                                  this card doesnt work anymore does it why no mention
                                                  Comment
                                                  • Optional
                                                    Administrator
                                                    • 06-10-10
                                                    • 61390

                                                    #970
                                                    Originally posted by jtoler
                                                    this card doesnt work anymore does it why no mention
                                                    I have not heard that. And cant see anything from a quick search.
                                                    .
                                                    Comment
                                                    • jtoler
                                                      BARRELED IN @ SBR!
                                                      • 12-17-13
                                                      • 30967

                                                      #971
                                                      Originally posted by PaperTrail07
                                                      ? mine works fine
                                                      bitpay card? thought earlier this month I saw reports about it being stopped
                                                      Comment
                                                      • 5918mike
                                                        SBR MVP
                                                        • 04-16-14
                                                        • 1885

                                                        #972
                                                        Originally posted by jtoler
                                                        bitpay card? thought earlier this month I saw reports about it being stopped
                                                        My bitpay card still works, loaded yesterday, used it last night and this morning at an ATM.
                                                        Comment
                                                        • PaperTrail07
                                                          SBR Posting Legend
                                                          • 08-29-08
                                                          • 20423

                                                          #973
                                                          business as usual....working FINE...
                                                          Originally posted by jtoler
                                                          bitpay card? thought earlier this month I saw reports about it being stopped
                                                          Comment
                                                          • TheMoneyShot
                                                            BARRELED IN @ SBR!
                                                            • 02-14-07
                                                            • 28672

                                                            #974
                                                            Originally posted by jtoler
                                                            bitpay card? thought earlier this month I saw reports about it being stopped
                                                            Are you thinking about the one report a few months back that was stopping the International use of Bitpay? I can't remember the exact details of that story... maybe another poster knows what I'm talking about and can chime in...

                                                            But there were 2 versions of the card.... the USA version is 100% fine and working.
                                                            Comment
                                                            • pablo222
                                                              SBR Hall of Famer
                                                              • 01-03-19
                                                              • 8858

                                                              #975
                                                              I have been using CB and shift, but Bitpay card seems to be better. Anyone have a preference on what compatible wallets I should go with? Can you sign up for bitpay card sending from blockchain.com wallet? Thanks
                                                              Comment
                                                              • 5mike5
                                                                SBR Aristocracy
                                                                • 09-21-11
                                                                • 51983

                                                                #976
                                                                Originally posted by pablo222
                                                                I have been using CB and shift, but Bitpay card seems to be better. Anyone have a preference on what compatible wallets I should go with? Can you sign up for bitpay card sending from blockchain.com wallet? Thanks
                                                                I use Airbitz wallet

                                                                Simple as it gets with the card.
                                                                Comment
                                                                • ATC727
                                                                  SBR Wise Guy
                                                                  • 08-23-14
                                                                  • 762

                                                                  #977
                                                                  Hek yeah works flawlessly.
                                                                  Comment
                                                                  • pablo222
                                                                    SBR Hall of Famer
                                                                    • 01-03-19
                                                                    • 8858

                                                                    #978
                                                                    Originally posted by 5mike5
                                                                    I use Airbitz wallet

                                                                    Simple as it gets with the card.
                                                                    Thanks for the advice. I got edge, bitpay wallet, and bitpay card set up tonight. BTC sent and received fast.
                                                                    Comment
                                                                    • 5mike5
                                                                      SBR Aristocracy
                                                                      • 09-21-11
                                                                      • 51983

                                                                      #979
                                                                      Originally posted by pablo222
                                                                      Thanks for the advice. I got edge, bitpay wallet, and bitpay card set up tonight. BTC sent and received fast.
                                                                      Good deal
                                                                      Comment
                                                                      • themike78
                                                                        SBR MVP
                                                                        • 07-01-13
                                                                        • 4873

                                                                        #980
                                                                        Originally posted by jtoler
                                                                        this card doesnt work anymore does it why no mention
                                                                        Fake news. Card works fine I just loaded mine an hour ago. Bitcoin transfer from mycelium to card took under 10 seconds for cash to be available. To be honest I'm surprised the card has lasted this long but it is the best thing since the old neteller days as far as getting payouts from books. I don't understand why people are using coinbase or any of those other garbage exchanges trying to convert their bitcoin to cash.
                                                                        Comment
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