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Main => General Discussion => Topic started by: fav on June 01, 2015, 05:04:56 pm

Title: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: fav on June 01, 2015, 05:04:56 pm
(http://i.imgur.com/MOs9dfg.png) (http://po.st/coinomat)

Coinomat (http://po.st/coinomat) on Twitter:

Quote
@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
Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: Riverhead on June 01, 2015, 05:08:16 pm

Great work everyone! The community really came together and got their attention.
Title: Re: Confirmed: BitUSD &lt;&gt; Visa/Mastercard or Perfect Money ramp in June!
Post by: xeroc on June 01, 2015, 05:30:48 pm
This is not the gateway BM was referring to I suppose .. but definitely a good move +5%
Title: Re: Confirmed: BitUSD &lt;&gt; Visa/Mastercard or Perfect Money ramp in June!
Post by: cass on June 01, 2015, 05:33:12 pm
This is not the gateway BM was referring to I suppose .. but definitely a good move +5%

yep good one  +5%
Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: CalabiYau on June 01, 2015, 05:48:49 pm
Good job ! Nice to see this accomplished.  :)
Title: Re: Confirmed: BitUSD &lt;&gt; Visa/Mastercard or Perfect Money ramp in June!
Post by: liondani on June 01, 2015, 05:50:15 pm
This is not the gateway BM was referring to I suppose .. but definitely a good move +5%

that came to my mind also  :)
Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: bytemaster on June 01, 2015, 05:52:18 pm
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!

 ::)

 +5%
Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: Ander on June 01, 2015, 05:56:59 pm
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!

 ::)

 +5%

Lol. :)

Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: fav on June 01, 2015, 05:57:48 pm
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!

 ::)

 +5%

FUD!!

by the way, moving to my new mansion sooooon™
Title: Re: Confirmed: BitUSD &lt;&gt; Visa/Mastercard or Perfect Money ramp in June!
Post by: bobmaloney on June 01, 2015, 06:19:52 pm
I protect myself from engaging in insider trading by performing all my trades from the front porch.
Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: Ander on June 01, 2015, 06:22:53 pm
I protect myself from insider trading by not knowing anything. :P
Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: hodor on June 01, 2015, 06:25:58 pm
Hodor.
Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: crypto4ever on June 01, 2015, 06:28:08 pm

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?
Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: fav on June 01, 2015, 06:29:09 pm

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
Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: karnal on June 01, 2015, 06:33:23 pm
+5% +5%

Also, how much spread is there buying with a VISA using this service?
Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: crypto4ever on June 01, 2015, 06:42:29 pm

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. :(
Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: merivercap on June 01, 2015, 06:43:03 pm

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. :(

 :P
Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: BunkerChainLabs-DataSecurityNode on June 01, 2015, 06:51:20 pm
+5% +5%

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.
Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: liondani on June 01, 2015, 07:05:55 pm

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?
Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: Tuck Fheman on June 01, 2015, 09:12:37 pm

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 (https://bitsharestalk.org/index.php/topic,16172.msg207077.html)

Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: Tuck Fheman on June 01, 2015, 09:17:37 pm

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.
Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: Jon Snow on June 01, 2015, 09:26:11 pm
I protect myself from insider trading by not knowing anything. :P

It is rare that I run across a fellow graduate of the Hodor School of Economics.
Title: Re: Confirmed: BitUSD &lt;&gt; Visa/Mastercard or Perfect Money ramp in June!
Post by: Tuck Fheman on June 01, 2015, 09:29:50 pm
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 (https://bitsharestalk.org/index.php/topic,16622.msg212709.html) watchlist (http://quotespics.com/wp-content/quote-images/im-watching-you.jpg).
Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: Ander on June 01, 2015, 09:34:05 pm
I protect myself from insider trading by not knowing anything. :P

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". 
Title: Re: Confirmed: BitUSD &lt;&gt; Visa/Mastercard or Perfect Money ramp in June!
Post by: bobmaloney on June 01, 2015, 09:41:05 pm
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 (https://bitsharestalk.org/index.php/topic,16622.msg212709.html) watchlist (http://quotespics.com/wp-content/quote-images/im-watching-you.jpg).

Mad Tips from the Front Porch (aka Outsider Trading): From August 19, 2014 - August 25, 2014, Bitshares will increase 4x - I guarantee it.
Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: Tuck Fheman on June 01, 2015, 10:18:18 pm
I protect myself from insider trading by not knowing anything. :P

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 (https://bitsharestalk.org/index.php/topic,16622.msg212967.html#msg212967) 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.

Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: hodor on June 01, 2015, 10:25:36 pm
I protect myself from insider trading by not knowing anything. :P

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

Hodor.
Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: infovortice2013 on June 01, 2015, 10:38:11 pm

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
Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: cass on June 02, 2015, 12:19:40 am
https://blockchain.info/address/1MXu6UjdrQkM6rVJjpvkJViPpNXA4vrWth

Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: Tuck Fheman on June 02, 2015, 12:33:59 am
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 (https://bitsharestalk.org/index.php/topic,16622.msg213165.html#msg213165).
Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: cass on June 02, 2015, 01:50:37 am
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 (https://bitsharestalk.org/index.php/topic,16622.msg213165.html#msg213165).

A day without laughter is a day wasted. :)
Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: Riverhead on June 02, 2015, 02:30:13 am
https://blockchain.info/address/1MXu6UjdrQkM6rVJjpvkJViPpNXA4vrWth (https://blockchain.info/address/1MXu6UjdrQkM6rVJjpvkJViPpNXA4vrWth)

Sort of like unloading a Howitzer into a dead horse.
Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: merockstar on June 02, 2015, 03:02:28 am

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.
Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: fav on June 02, 2015, 05:24:17 am
+5% +5%

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

found the terms in their FAQ

https://coinomat.com/faq.php
Quote
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.
Title: Re: Confirmed: BitUSD <> Visa/Mastercard or Perfect Money ramp in June!
Post by: fav on June 04, 2015, 09:10:02 am
bump, let's not forget to vote for BitShares!