Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!

[fav]

bump, let's not forget to vote for BitShares!

[fav]

Also, how much spread is there buying with a VISA using this service?

found the terms in their FAQ

https://coinomat.com/faq.php

What are the conditions of cryptocurency withdrawal to credit cards?
The withdrawal to VISA/Mastercard takes 2-4 business days, and is carried out in US dollars. Your bank will convert it to the currency of your card by using its exchange rates if your card is not denominated in US dollars.

We can transfer up to 2499 US dollars to one card per week. The minimum exchange amount is $100. The exchange is made using the current cryptocurrency exchange rate taking into account our card transfer fee which is $15. Use calculator on the exchange page to get the final amount you will get on your card.

What credit and debit cards does your service support?
We support all Visa and Mastercard cards, for the exception of certain virtual credit cards. We do not support Visa Electron/Maestro cards. If we're unable to send funds to your card your transfer is refunded.

[merockstar]

Well if anybody has a direct communication to coinomat, I suggest they change their name. Sounds too much like laundromat and I'll let your mind wander as to why that's a bad idea.

There is a company that makes bitcoin laundromat equipment, perhaps they're going to corner the market one day using such technology.

Introducing the world's first ASIC miner that channels the heat generated into drying your clothes! Mine Bitcoin and dry your laundry simultaneously! Exclusively from coinomat- the world's leader in integrating cryptocurrency and clean clothes.

[Riverhead]

https://blockchain.info/address/1MXu6UjdrQkM6rVJjpvkJViPpNXA4vrWth

Sort of like unloading a Howitzer into a dead horse.

[cass]

https://blockchain.info/address/1MXu6UjdrQkM6rVJjpvkJViPpNXA4vrWth

That's an upper level at a stripclub (so I hear) for the guys & gals (it happens) at coinomat, just to list a coin?!

Amazing. I need to get them to join the BITN ... so all of our doors can open like billionaires.

A day without laughter is a day wasted.

[Tuck Fheman]

https://blockchain.info/address/1MXu6UjdrQkM6rVJjpvkJViPpNXA4vrWth

That's an upper level at a stripclub (so I hear) for the guys & gals (it happens) at coinomat, just to list a coin?!

Amazing. I need to get them to join the BITN ... so all of our doors can open like billionaires.

[cass]

https://blockchain.info/address/1MXu6UjdrQkM6rVJjpvkJViPpNXA4vrWth

[infovortice2013]

Well if anybody has a direct communication to coinomat, I suggest they change their name. Sounds too much like laundromat and I'll let your mind wander as to why that's a bad idea.

if they said to you we should change name bitchares to something else what would you do?

oh men this can be a huge DAC

congrats for the comunity win, but nasty not have money to try the new ramp fiat service

[hodor]

I protect myself from insider trading by not knowing anything.

It is rare that I run across a fellow graduate of the Hodor School of Economics.

Hodor.

[Tuck Fheman]

I protect myself from insider trading by not knowing anything.

It is rare that I run across a fellow graduate of the Hodor School of Economics.

Dang, I missed an opportunity to say "I protect myself from insider trading by being Jon Snow".

Ander, would you mind speaking at the inaugural  PlanktonClub teamspeak?

I have about 10 minutes available, right after a talk from the guy who bought bitcoin at $1,100 and some shibes that thought the wolong pump would never end.

I'm cereal.

[bobmaloney]

I protect myself from engaging in insider trading by performing all my trades from the front porch.

I'm here to inform you that you are now on the BITN watchlist.

Mad Tips from the Front Porch (aka Outsider Trading): From August 19, 2014 - August 25, 2014, Bitshares will increase 4x - I guarantee it.

[Ander]

I protect myself from insider trading by not knowing anything.

It is rare that I run across a fellow graduate of the Hodor School of Economics.

Dang, I missed an opportunity to say "I protect myself from insider trading by being Jon Snow". 

[Tuck Fheman]

I protect myself from engaging in insider trading by performing all my trades from the front porch.

I'm here to inform you that you are now on the BITN watchlist.

[Jon Snow]

I protect myself from insider trading by not knowing anything.

It is rare that I run across a fellow graduate of the Hodor School of Economics.

[Tuck Fheman]

Well if anybody has a direct communication to coinomat, I suggest they change their name. Sounds too much like laundromat and I'll let your mind wander as to why that's a bad idea.

There is a company that makes bitcoin laundromat equipment, perhaps they're going to corner the market one day using such technology.

[Tuck Fheman]

Well if anybody has a direct communication to coinomat, I suggest they change their name. Sounds too much like laundromat and I'll let your mind wander as to why that's a bad idea.

if they said to you we should change name bitchares to something else what would you do?

I'll tell you what you should do, hire a lawyer! Because you're getting awful close to infringing upon ... https://bitsharestalk.org/index.php/topic,16172.msg207077.html

[liondani]

Well if anybody has a direct communication to coinomat, I suggest they change their name. Sounds too much like laundromat and I'll let your mind wander as to why that's a bad idea.

if they said to you we should change name bitchares to something else what would you do?

[BunkerChainLabs-DataSecurityNode]

Also, how much spread is there buying with a VISA using this service?

They just say 'low fees'

I think the spread is often overlooked though.. and likely where they will make most of their money like shapeshifter does.

[merivercap]

Well if anybody has a direct communication to coinomat, I suggest they change their name. Sounds too much like laundromat and I'll let your mind wander as to why that's a bad idea.

 

[crypto4ever]

Well if anybody has a direct communication to coinomat, I suggest they change their name. Sounds too much like laundromat and I'll let your mind wander as to why that's a bad idea.

[karnal]

Also, how much spread is there buying with a VISA using this service?

[fav]

Isn't there a chance down the road, as volume increases, that coinomat is going to have their Visa/Mastercard merchant account frozen and up for review?

What agreements do they have to ensure they can continue this business model in the long term?

Or are they simply going to keep leap frogging to different merchant processors until eventually they run out of gas?

no idea but they're running since 2013

[crypto4ever]

Isn't there a chance down the road, as volume increases, that coinomat is going to have their Visa/Mastercard merchant account frozen and up for review?

What agreements do they have to ensure they can continue this business model in the long term?

Or are they simply going to keep leap frogging to different merchant processors until eventually they run out of gas?

[hodor]

Hodor.

[Ander]

I protect myself from insider trading by not knowing anything.

[bobmaloney]

I protect myself from engaging in insider trading by performing all my trades from the front porch.

[fav]

Insider Trading!!!  This explains the recent price rise.   I bet favdesu and and coinomat were responsible for the massive run up and then dumped on us!

 

 

FUD!!

by the way, moving to my new mansion sooooon™

[Ander]

Insider Trading!!!  This explains the recent price rise.   I bet favdesu and and coinomat were responsible for the massive run up and then dumped on us!

 

 

Lol.

[bytemaster]

Insider Trading!!!  This explains the recent price rise.   I bet favdesu and and coinomat were responsible for the massive run up and then dumped on us!

 

 

[liondani]

This is not the gateway BM was referring to I suppose .. but definitely a good move

that came to my mind also 

[CalabiYau]

Good job ! Nice to see this accomplished. 

[cass]

This is not the gateway BM was referring to I suppose .. but definitely a good move

yep good one 

[xeroc]

This is not the gateway BM was referring to I suppose .. but definitely a good move

[Riverhead]

Great work everyone! The community really came together and got their attention.

[fav]

Coinomat on Twitter:

@coinomat
@btsfav We will add BitUSD. Pls vote some more if want other Bitshares flavors BitUSD will be there in any case.

Note: We can still vote for them to integrate BitShares too - check: https://bitsharestalk.org/index.php/topic,16582.0.html