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merockstar

  • Guest
Circle kicks ass!
« on: August 22, 2014, 08:33:06 PM »

It's what, as an American who the banks won't touch for another seven years, I've been waiting for.

Prepaid card? no problem.
pay card? no problem.
credit card? no problem.

if you're in the same boat as me, you need to be signing up for a circle invite.
the only thing I don't like about it is it makes it hard not to blow my entire pay on crypto.

Offline Gentso1

Re: Circle kicks ass!
« Reply #1 on: August 22, 2014, 09:00:56 PM »
I signed up for a invite, have you actually used their service?

merockstar

  • Guest
Re: Circle kicks ass!
« Reply #2 on: August 22, 2014, 09:08:08 PM »
I signed up for a invite, have you actually used their service?

yes. just used it for the first time today. hence the post.

Offline Gentso1

Re: Circle kicks ass!
« Reply #3 on: August 22, 2014, 09:13:29 PM »
I signed up for a invite, have you actually used their service?

yes. just used it for the first time today. hence the post.

Can you give a little more context?

I use bitstamp and do international wire transfer's. I am completely reconsidering this as a branch manager recently called me "for my protection" to ask questions about my income and the purpose of said transfers even though I clearly stated digital commodities on the paper work.

merockstar

  • Guest
Re: Circle kicks ass!
« Reply #4 on: August 22, 2014, 09:16:22 PM »
I signed up for a invite, have you actually used their service?

yes. just used it for the first time today. hence the post.

Can you give a little more context?

I use bitstamp and do international wire transfer's. I am completely reconsidering this as a branch manager recently called me "for my protection" to ask questions about my income and the purpose of said transfers even though I clearly stated digital commodities on the paper work.

well, it's a piece of cake. you store a credit card number. click deposit funds, tell it how much, then click deposit.

then it instantly has your money there. you can work with your money as USD or as bitcoin, it regards each as the same thing, there's a withdrawal screen from usd where it deposits to your credit card, and a withdraw screen as bitcoin where you enter a btc address.

the only thing is if you have the cheddar to be justifying international wire transfers then this might not be for you. there's a 500 dollar a day limit.

Offline bitmeat

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Re: Circle kicks ass!
« Reply #5 on: August 22, 2014, 10:42:50 PM »
Is there possible collaboration BTSX + Circle? Given the value of storing BitUSD, or are they providing their own solution to the same problem?

Offline Gentso1

Re: Circle kicks ass!
« Reply #6 on: August 22, 2014, 10:53:03 PM »
I signed up for a invite, have you actually used their service?

yes. just used it for the first time today. hence the post.

Can you give a little more context?

I use bitstamp and do international wire transfer's. I am completely reconsidering this as a branch manager recently called me "for my protection" to ask questions about my income and the purpose of said transfers even though I clearly stated digital commodities on the paper work.

well, it's a piece of cake. you store a credit card number. click deposit funds, tell it how much, then click deposit.

then it instantly has your money there. you can work with your money as USD or as bitcoin, it regards each as the same thing, there's a withdrawal screen from usd where it deposits to your credit card, and a withdraw screen as bitcoin where you enter a btc address.

the only thing is if you have the cheddar to be justifying international wire transfers then this might not be for you. there's a 500 dollar a day limit.

Well its still nice to have alternatives. Thanks for sharing your experience.  I am in line waiting for a invite but if I do get one I may give it a go.

merockstar

  • Guest
Re: Circle kicks ass!
« Reply #7 on: August 23, 2014, 02:56:38 AM »
Is there possible collaboration BTSX + Circle? Given the value of storing BitUSD, or are they providing their own solution to the same problem?

it's centralized. they basically offer usd IOUs that you can redeem.

Offline Riverhead

Re: Circle kicks ass!
« Reply #8 on: August 23, 2014, 03:35:15 AM »
Does it hit your CC as a purchase or a cash advance?


Nice site, sounds like a great service.  Wish I knew about this last week :). I bet I could use my Visa debt card to pull directly from my checking account same day.
« Last Edit: August 23, 2014, 03:39:30 AM by Riverhead »

merockstar

  • Guest
Re: Circle kicks ass!
« Reply #9 on: August 23, 2014, 03:39:02 AM »
Does it hit your CC as a purchase or a cash advance?

looks like a purchase to me. but i'm not sure.

Offline puppies

Re: Circle kicks ass!
« Reply #10 on: August 23, 2014, 07:48:44 AM »
I am also waiting for an invite.  This sounds like exactly what I have been looking for.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

merockstar

  • Guest
Re: Circle kicks ass!
« Reply #11 on: August 23, 2014, 10:23:24 AM »
I am also waiting for an invite.  This sounds like exactly what I have been looking for.

I was lucky. I signed up for an invite the same week they got funded and announced they were going to exist. it was like ten or so months ago.

hope it happens quick for you.

merockstar

  • Guest
Re: Circle kicks ass!
« Reply #12 on: October 09, 2014, 11:59:11 AM »
I take it back. It kicked ass during beta.

Started having problems as soon it went live.

The fuck...

Offline Gentso1

Re: Circle kicks ass!
« Reply #13 on: October 09, 2014, 01:18:28 PM »
I take it back. It kicked ass during beta.

Started having problems as soon it went live.

The fuck...
Thanks for the update, what kind of problems? details man, give us details

merockstar

  • Guest
Re: Circle kicks ass!
« Reply #14 on: October 10, 2014, 04:00:14 AM »
I take it back. It kicked ass during beta.

Started having problems as soon it went live.

The fuck...
Thanks for the update, what kind of problems? details man, give us details

I'm guessing they're overwhelmed.

My transactions all started getting marked by their anti-fraud program, and cancelled. I emailed them about it and they said to send my ID and a bill, then try the transaction again. This was a couple days ago. I did as they asked, then tried a couple more transactions. They're still getting canceled. So I e-mailed them again yesterday but haven't heard back.

 

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