Another update in this crypto crazy world!
Dear Steemitians
after just a week ago we posted it: https://steemit.com/cryptocurrency/@intellihandling/a-new-experience-to-convert-my-winning-bet-into-cash, there is another update on this matter.
Just a day ago i received from Wirex the following email:
Take action - we are turning off Virtual Cards, Marco!
Wirex no longer supports Virtual Cards. As such, we will be closing your Virtual Card account on the 21st of October 2018.
We are writing to you because you have an outstanding balance in your account. There are several things you can do to remove these funds before the account is closed:
Spend it!
Buy some crypto – your choice of Bitcoin, Litecoin, XRP and Ethereum
Order a contactless Wirex Visa card in GBP, EUR or USD. Your Virtual Card account balance will be automatically transferred (and converted if necessary) into the corresponding traditional currency account on the 21st of October 2018
Order card now!
If you don’t relocate your remaining balance by the deadline, your funds will be automatically transferred (and converted if necessary) into your bitcoin wallet.
View balance
So as usual in this crypto world, nothing is for sure and stable, one day can promise you the moon and the next day they fuck you without even say sorry.
I had no chance so i order plastic card, of course this is not bad for 15 usd per year, but this is not what it was in my plan, because i already have plastic card from Skrill and this virtual card was the way to exchange cryptos in fiat with no extra fee.
Have you already ordered a Monaco Card ? They haven't launched yet but they hopefully launch soon. The Monaco card has no anual fee. If you haven't I can give you a gift code for a starting balance of 20$. Just let me know if you need one.
Of course my friend, but is connected with Visa or other fiat credit card makers?
Of course you already ordered or Of course you want a gift code ?
Yes they use Visa Cards.
Ok send me it, but to my email [email protected], thank you
alright :) Mail should be in your Inbox. I still have three 20$ Codes so if there is someone who wants a code just let me know.
Thank you my friend!!
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Crypto card projects are a dime a dozen and while I do think they are a service we eventually need I don't think it would be popular right now since most of us just want to hodl.
That being said for those who like to travel it would make it so much easier with currencies and for those who want to avoid capital gains tax in their countries this is an ideal solution
BITCOIN Bitcoin [BTC], Ethereum [ETH] and XRP now accepted as donation by UNICEF France
Dear my friend, thank you for info, but i do not understand how this is connect to the post topic....
Great update.. !!!!!!
Hope it will be so effective in crypto market
Coins mentioned in post:
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STOPHave you checked out https://crypto.com They were originally named Monaco but then they got into a rebranding since there is a very rich very small country called Monaco. Check them out. They'll release their card before the end of the year. No other crypto card can even compete with the features they offer.
Dear @vimukthi, wednesday after 24h no working account, i started with take the rewards which was impossible to get before, than i try to make some comment or upvote but system say i have not enough power to do it! So i decided to go to sleep. Now just woke up i see your post but i am still in the same shit! Not enough voting power to write you the comment! When you will see my comment, it means my account again work...:))
Things should be mostly normal now. The original pre-HF20 post warned that things could take a week to settle down. Luckily things didn't get that bad. Devs should have released these patches along with the hard fork instead of tiny upgrades here and there. Your last activity has barely affected your RC: https://steemd.com/@intellihandling
So it's good again.
My friend, are you sure is good again? I saw many post and people really disgusted about this fork, because it look they set a limitation to comments and posts, is that true?
The amount of actions you could do on the blockchain was already limited. These people used the blockchain without even realizing how the hell it even works. Nothing is free. STEEM had a bandwidth system and the new RC system replace he old system which create a more flexible system to help STEEM become EOS for social media platforms. You can read my article about fees here: https://steemit.com/cryptocurrency/@vimukthi/in-depth-analysis-on-fees-and-cryptocurrency-going-fee-less-when-to-burn-fees-when-not-to-burn-fees-and-proof-of-importance-pivx
In early days you could use bandwidth proportional to your SP. The new system works much like voting power and rshares. RC is a non-transferable token that is generated based on your SP. The old bandwidth system would have made STEEM unsustainable going forward.
Dear @vimukthi, i am proud a superuser like you is giving me the answers, but this do not change the situation which i will go again, my RC is going down and soon i will not be able to post again, i do not think i am a spammer if i like to interact with people, this is right to be paid in a popular platform?
Thats a shame. We need more projects like wirex actually functioning as promised. So many great ideas just aren't living up to their promises which is a huge downside when trying to gain mass adoption.
We need a method to use crypto in a real world setting. It was the same last year when all the crypto debit cards got cancelled at the same time. It was instant and severe. At least we have a semi functioning product with the steem blockchain which can't be said for most other cryptos.