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Bitcoin Card
- Thread starter vixen777
- Start date
Users who viewed this discussion (Total:0)
Yup, it's really convenient - this bitcoin card. I'm following the news about Bitcoin for several month now and I just knew that some or the other type of bitcoin cards will be issued. It's just an embryo of the payment system to come in the future that's why they take 3% charge for exchange. It will become cheaper one day.
Luck3Sevens
Lifetime Streaker
- Joined
- Feb 25, 2008
- Messages
- 2,234
I can't find the link now but I was trying to sign up and I got something about "it's not allowed," I assumed it was a New York or U.S. thing. Should I be able to sign up? 
Luck3Sevens
Lifetime Streaker
- Joined
- Feb 25, 2008
- Messages
- 2,234
So I sign up through Coinsbank and I will be able to access Bitcoins?
- Joined
- Jan 14, 2008
- Messages
- 61,329
https://blockchain.info/wallet/#/ Another useful link.. I am trying to also learn about this Bitcoin to USD currency stuff as well..
There are many Bitcoin wallets out there. If you really want to learn everything about bitcoin I can't imagine the place more suitable than Bitcointalk Forum.
There is so much information there that you find practically anything there concerning this cryptocurrency
cv5masterson
Newbie Streaker
- Joined
- Jun 23, 2016
- Messages
- 5
I have done so much research on bitcoin and when I first started I went with the first wallet I was introduced to. This was a few years ago. I then discovered what mining was and I had gained a lot perspective into how bitcoin became a actual currency that is accepted world wide. I got my degree in finance so bitcoin has been a fascination to me. I have come to realize that everyone has their hand in the cookie jar. you have companies like the one you described that charges for a card and still charges a percentage for processing. This company is winning no matter what. When the value goes down the percentage and fees make up the difference in the fluctuating valued and losing money. The percentage is often equivalent to the pocket change you throw into a jar so the convenience of bitcoin is always worth it to the consumer. For online casino payments the fees of bitcoin are always lower then the international transaction fees.
Casinos make a fortune off bitcoin payments because they are investors. They always sell higher then what the exchange was when they received payment for. Plus if casinos dont have your authorization forms on file that charge can be disputed and they will lose that dispute 100% of the time. The casinos will also be able to payout using the bitcoin wallet it was paid in thus cutting out the middle man and not needing the paperwork involved in sending a check or a wire transfer because the bitcoin wallet has already done the verification for them.
On these specific person to person exchange sites the individual selling the bitcoin is responsible for verifying your identity to make the exchange legal and the company hosting the exchange sites will always host your personal wallet but they are not required to verify because they do not sell the bitcoin. As a seller you have to provide your verification to the host site. The host site also receives the normal percentage for your purchase and they receive a percentage of the sellers total amount sold. Their are always consumers to buy at the higher rate who want the convenience and who do not educate themselves on the process. These host sites do very well to advertise themselves as a number 1 choice.
As gamblers we all should invest in bitcoin when the value is low based on historical values and the daily fluctuations in bitcoin and use what we normally would for our casino deposits but also selling the bitcoins you invested in that gives you the excess and sell them on the person to person exchange sites because on these sites where you also have your wallet individuals will always be able to sell at about 30 more cents on the USD dollar then then current value of the bitcoin exchange.
Consumers who are not versed in the art of the stock market cant buy and sell stocks on their own without heavy loses in value and trading fees just as a consumer who buys bitcoin will choose the higher cost of person to person exchange sites because of manipulation of advertising that makes the consumer have more trust in these sites over the hosting sites that maintain your wallet and sells you the bitcoin at the current exchange value and you still pay the same percentage for each exchange.
Consumers who are not versed in the art of the stock market cant buy and sell stocks on their own without heavy loses in value and trading fees just as a consumer who buys bitcoin will choose the higher cost of person to person exchange sites because of manipulation of advertising that makes the consumer have more trust in these sites over the hosting sites that maintain your wallet and sells you the bitcoin at the current exchange value and you still pay the same percentage for each exchange.
If allowed I will gladly give you names of person to person exchange hosting sites and the names of the sites host and sell.
Casinos make a fortune off bitcoin payments because they are investors. They always sell higher then what the exchange was when they received payment for. Plus if casinos dont have your authorization forms on file that charge can be disputed and they will lose that dispute 100% of the time. The casinos will also be able to payout using the bitcoin wallet it was paid in thus cutting out the middle man and not needing the paperwork involved in sending a check or a wire transfer because the bitcoin wallet has already done the verification for them.
On these specific person to person exchange sites the individual selling the bitcoin is responsible for verifying your identity to make the exchange legal and the company hosting the exchange sites will always host your personal wallet but they are not required to verify because they do not sell the bitcoin. As a seller you have to provide your verification to the host site. The host site also receives the normal percentage for your purchase and they receive a percentage of the sellers total amount sold. Their are always consumers to buy at the higher rate who want the convenience and who do not educate themselves on the process. These host sites do very well to advertise themselves as a number 1 choice.
As gamblers we all should invest in bitcoin when the value is low based on historical values and the daily fluctuations in bitcoin and use what we normally would for our casino deposits but also selling the bitcoins you invested in that gives you the excess and sell them on the person to person exchange sites because on these sites where you also have your wallet individuals will always be able to sell at about 30 more cents on the USD dollar then then current value of the bitcoin exchange.
Consumers who are not versed in the art of the stock market cant buy and sell stocks on their own without heavy loses in value and trading fees just as a consumer who buys bitcoin will choose the higher cost of person to person exchange sites because of manipulation of advertising that makes the consumer have more trust in these sites over the hosting sites that maintain your wallet and sells you the bitcoin at the current exchange value and you still pay the same percentage for each exchange.
Consumers who are not versed in the art of the stock market cant buy and sell stocks on their own without heavy loses in value and trading fees just as a consumer who buys bitcoin will choose the higher cost of person to person exchange sites because of manipulation of advertising that makes the consumer have more trust in these sites over the hosting sites that maintain your wallet and sells you the bitcoin at the current exchange value and you still pay the same percentage for each exchange.
If allowed I will gladly give you names of person to person exchange hosting sites and the names of the sites host and sell.