That to me is more amazing than being able to use it asa a debit card
) or something and don't have cash but you have btc stash you can dip into. Obviously many of us would prefer to just buy the hotel room directly with btc but the Sheraton won't accept Bitcoin today so this is the next best thing
Just got a Bitpay card. Any of you pleghbois got one? Basically you transfer btc into your Bitpay account wallet and you can use the USD equivalent as a Visa debit card. You gotta give em the same info you'd give any US credit/debit card (real name, ssn, etc) so it's not anonymous. I think I paid $10 for the card. No transaction fees in the US, 3% overseas, $2 ATM fee. So in theory if you wanted to cash out some BTC right away you could do that minus $2, which is way faster than going thru Coinbase or Gemini or whoever
Max balance is 25k, max spend/load is 10k per day. Cash withdrawal limit is 3k a day $750 per transaction
The "exchange rate" wasn't even bad. I asked it let me load $50, it gave me a btc amount and a wallet address. Came out to $50.17 worth on Gemini. For $1000 it would have been $1006. But, I think it cashes out your BTC as soon as it confirms, so if the price dropped between the time you sent your btc and the time it confirmed (one confirmation) on their end, you don't 'lock in' the value - I transferred $50 and got credited for $48.25
I sent $50 and it took about 18 min to confirm, but while I was waiting for that I sent $1 and it confirmed right away so idk what happened there
Only downside I can see is that once you have transferred btc in, it basically converts it to USD and there's no way to transfer it back to btc and get it out of the account in btc form. So if you transfer $100 worth of btc, only spend $85 and want the $15 worth back in your main btc wallet, you can't do that. So it requires a little bit of thinking ahead and you might have a little extra USD that you woulda wanted as BTC. I read that Shift card doesn't have this problem but that card is only for users of gay azz Coinbase, but Shift has a 1k daily limit anyway
wanna explain? you typed 5 words
Someone has problems with Coinbase on every page of this thread. Fucc Coinbase. Use GeminiI've only been coinbase for a few days and this shyt has failed me big time twice already, tried to buy in on the etherium dips and what do ya know site is down every time
Can anyone please recommend me somewhere else to go?
What's the best way to buy a plane ticket or a tankfull of gas right now with my btc?
That doesn't answer my question. What if you did a freelance job and get paid in btc? What if you hit a lick in btc poker and want to buy a train ticket?You "all or nothing" types are the absolute worst. I have btc that I'm holding and I have btc that I am gonna cash out whether you and your 5-word arguments based on nothing like it or not
you know..eventually..at some point..you are gonna have to spend some of your bitcoins right? Or die first? What is the point otherwise? To say you defeated the banks? To have a high score?
This is good if you need an emergency hotel room (
