I have something. If you guys agree, we must work together and pitch this to the TenX team. Some of you may have already read this (sorry if I am spamming).
Hopefully most of you are aware that with the TenX card, we are able to buy more crypto than usually because we can now use crypto on our day-to-day spendings. This gives us more exposure to the market, thus potentially more gains. Agreeing so far? If not, read this:
Next I have an idea of an ultimate TenX wallet. In short: what if you could set your cryptocurrency purchase price in the TenX wallet and it would automatically spend from the highest gainers at any time? In theory you would never lose money!
Read this for a better explanation: https://steemit.com/tenx/@flufferboy/is-this-the-ultimate-tenx-wallet
The wallet product is live: iOS and Android
We understand the frustration and by product obviously we know you mean the card functionality. We are still working through legal, compliance and tech integration hurdles and will announce once it's ready.
There are over 50+ people atm working on different aspects of building the business, from compliance, legal, support, community, software engineering, treasury, product design, payment operations, HR, etc.
The priority is clear, to get the cards operational again, through the new card issuer and to finalise the legal token structure. We have a hurdle right now with the loss of Wavecrest which also affected other crypto card companies since Jan 5 and so we are working as hard as we can focusing on getting a new card issuer integrated from the tech, compliance and legal side of things. It takes a while as we're building a financial institution from scratch barely a year after token sale. These things take some time so we ask for your patience. We'll always communicate and provide updates once we have them, just as we have done so in the past.
I believe that the "Submit ticket" on support page is exactly for this. However, we may try.
The issues I have encountered are :
I use : iPhone 6s with iOS 10.3.3
Important : When posting your comments here please be as detailed as possible to not make this thread usless. When TenX team won't have details such us, phone model, OS version, user scenario of the issue etc. they may not be able to recreate your issues or it can be more difficult to recreate it.
/u/brendon_tenx maybe you could tell us what kind of info do you exactly need so we could create some kind of comment sketch and users will only have to fill the information. Another thing : do you guys use https://brand24.com/, https://mention.com/, or simply google alerts to track the internet in terms of "TenX" & "PAY" questions or scam ? If the answer is no, maybe you could start doing so, give some particular slack and reddit users an access to it so we as a community could help you improve the company value by answering questions and prevent scam even better.
The timing was unfortunate ~ all cryptos sold off hard today. That's just the luck of the draw. The other thing depressing the price is Bittrex's misrepresentation of the % change based upon that scamsite's "iou" price of $50 ----> $17: "PAY= -87%" is likely putting a lot of buyers off. (PAY was up +32% at the time.) Imagine what this https://coinmarketcap.com/currencies/tenx/ looks like to a naive investor.
TL;DR: Wait until the + or - last 24 hrs%s calculations reset before you shake yourself to pieces.
The product we can speak about is the TenX crypto wallet on Android and iOS
The product that you and the community are waiting for are for the debit cards to be live again. We understand the frustration and by product obviously we know you mean the card functionality. We are still working through legal, compliance and tech integration hurdles and will announce once it's ready.
These things take some time so we ask for your patience. We'll always communicate and provide updates once we have them, just as we have done so in the past.
Download TenX app/wallet. Send bitcoin to your TenX app/wallet address. Spend anywhere Visa is accepted. Bitcoin gets converted on the fly (the moment you swipe your card).
For the moment only bitcoin is available for the masses. Ethereum for beta testers. Ethereum and other currencies will come later.
Read this article for tips regarding card use:
Monaco is a scam and people are going to get burned. It's a digital photo, let's see if they can make a video like tenx and make a purchase with it.
the owners are already long gone. They've done it the past with another ICO
https://steemit.com/monaco/@montehansen/beware-of-monaco-visa-ico-s-management
https://steemit.com/cryptocurrency/@tarbz/tenx-pay-card-featured-in-simpsons-episode-share Watch the TenX - Simpson's episode. Gold! On the next episode, it predicts when TenX lands in the US next ;)
But it's volatility is upwards. Keep a fiat buffer for rainy days.
Read mine or wekkel's article:
https://steemit.com/tenx/@seenmidnight/aug-25-cryptocurrency-predictions-tenx-pay
There's a steemit post that analyses exactly that. Unlike illogical tenx moon posts, this one lays it out to make you think whether tenx is under or overvalued in terms of its income producing capacity.
The product we can speak about is the TenX crypto wallet on Android and iOS
The product that you and the community are waiting for are for the debit cards to be live again. We understand the frustration and by product obviously we know you mean the card functionality. We are still working through legal, compliance and tech integration hurdles and will announce once it's ready.
These things take some time so we ask for your patience. We'll always communicate and provide updates once we have them, just as we have done so in the past.
Why would they hold? Here is how you should use the card: you buy MORE cryptocurrencies than before because you can now use cryptocurrencies on your day-to-day purchases. You still buy cc as an investment, but in ADDITION to this, you convert more of your fiat to cc for buying bread and clothes. And while the cc is sitting on your card, they increase in value increasing your purchasing power day by day.
Read these:
https://steemit.com/tenx/@flufferboy/is-this-the-ultimate-tenx-wallet
Your logic is flawed. Spend everyday. Separate your investment (in cc) from your daily spendings, i.e. increase your cc purchases to include day-to-day purchases.
Read these two for more information:
https://steemit.com/tenx/@flufferboy/is-this-the-ultimate-tenx-wallet
Fantastic to hear this! Planning on doing it myself. But you should maybe consider keeping a slightly bigger fiat buffer? You never know if we will encounter a crypto winter again.
I think you should read my article. I posted an idea that will automate what you wrote above:
https://steemit.com/tenx/@flufferboy/is-this-the-ultimate-tenx-wallet
Yes, everybody is going on about Tenx getting a banking license etc..., there is already a registered bank where you can use bitcoin and debit cards plus 28 other currencies, as said, Tenx is going to become a non-factor at the rate they are moving.
Checked earlier, their currency conversion rate for USD/BTC was 0.6% under the current spot price for USD/BTC
Say you have 1 bitcoin. This is your savings. The rest of your money you have to spend on food, which is $100. So in total you have 1 BTC and $100. Now, would you spend these $100 dollars on food with your regular fiat card, or would you buy $100 worth of bitcoin and then spend them, potentially having more like $130 towards the end of the month? Alternative 3: die of starvation.
You should read this:
If you agree with the above article, I have another one for you.
Think of it differently: keep whatever you have now. Buy more, add that to the card. If it increases while spending, you can buy more stuff compared to fiat.
No, I agree with you. And the volatility can be in your favor if you play it right. Keep a fiat buffer for those rainy days. Check out an article I wrote about this (sorry for spamming):
As you correctly pointed out the physical cards are not available yet. See our social media, blog and threads here on Reddit for the recent updates regarding that. At the moment you can download the Wallet app and use that to store and send crypto. Please note it is a hot wallet.
Download it here:
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You know, there is a big difference between "total supply" and "max supply", if you dont`t know exactly: https://coinmarketcap.com/faq/
Today, the total supply of tenx is 205.218.256 PAY Total supply in the year 2018?: 400.000.000 PAY? =Inflation rate= about 100% per year? Many investors of tenx read the whitepaper, but they don`t understand, if there will be an inflation. How much is the estimated total supply in the year 2018, 2019...? How to calculate the total supply? Inflation rate? When do you know if max supply is possible?
Because you can make your day-to-day purchases with cryptocurrencies and your purchasing power will increase everyday because the marketcap of cryptocurrencies increases everyday! Read these two articles:
https://steemit.com/tenx/@flufferboy/is-this-the-ultimate-tenx-wallet
Have you read this? https://steemit.com/tenx/@seenmidnight/aug-25-cryptocurrency-predictions-tenx-pay Wish I did at the time and wasn't thinking that way. Saw the $5 and instead of selling just forgot about it. TenX was implied to be a long term project...Now my question is when and would it ever get to the point of break even. The competition will be increasing all the time, along with the unpredictable developments in crypto itself. Ability to act fast and adjust to the changing market is reasonable to expect, it is in fact essential to succeed here... never ICO again lol
Below is a link to the article where around 30 are mentioned. There are however a number not on that list which you can easily find if you search around a bit. In total there are around 35 to 40 as far as I know.
Some on this list, like for example WB21, are already a fully registered banks. Their focus however is not crypto but you can fund the card with bitcoin, have accounts in 28 other currencies, do bank to bank transfer to about any other bank in the world, get excellent exchange rates etc.... so nice to quickly send your bitcoin there and cash it out to any bank in the world at excellent rates and prices.
Tenx is, unfortunately, already miles behind.
https://steemit.com/bitcoin/@bitcoinshirtz/a-full-list-of-bitcoin-debit-cards-for-2017
Only have experience with Xapo and Coinsbank (had both for over 2 years now).
Xapo only does bitcoin and only does EU, wallet directly linked to card so no 'loading' of funds, just send it to the wallet and swipe the card. Exchange rate not always that good.
Coinsbank is busy with their new issuer to issue international cards, wallets are directly linked to card so no need to 'load' the card, handles BTC and LTC plus several Fiat accounts, can link all or selected accounts and can set priority of accounts for transactions, offer a 0.5% cashback on all purchases.
Here's a list of about another 30 odd cards that's already available and with most you can ask for expedited shipping meaning it will be delivered to you within a matter of days and not months.
https://steemit.com/bitcoin/@bitcoinshirtz/a-full-list-of-bitcoin-debit-cards-for-2017
https://steemit.com/tenx/@seenmidnight/aug-25-cryptocurrency-predictions-tenx-pay This may be of interest, im not knowledgeable enough to fact check any of it and don't fully understand tbh but certainly related to your question.
I'm sure there's plenty of YouTuber filmed their usage of TenX card.
Here's another.
That's not seriously a response from TenX I invested in 2017, is it? You can write a CSV with each card payment and email it to the customer at the end of the month.
That was also a commitment in 2017. It's really pathetic what happened to TenX.
But okay, then we'll take off the coins and do without the cards. My wife only asked me today when we would get our cards. no i say never. Thank you for nothing. Greetings from Germany.
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Translated with www.DeepL.com/Translator
TenX is not offering PAY tokens.
To acquire tokens, you can use an exchange like bittrex, Or you can use https://shapeshift.io to exchange without an account, or https://changelly.com/exchange/usd/pay to purchase with credit/debit card and PayPal
https://www.kraken.com/help/fees
As far as I understand it (I only bought a couple times with FIAT), I will pay 0.16% to convert fiat to eth.
My incentive for messing around with fiat is because I get paid in fiat. Simple as that. And so will the rest of the world for the foreseeable future.
Note revolut launched crypto today. https://thenextweb.com/cryptocurrency/2017/12/06/revolut-now-lets-you-cheaply-trade-bitcoin-litecoin-and-ethereum/
so now you have 15 fiats and 3 cryptos on their platform. Use with their mastercard
I use a mobile version of MyEtherWallet. It works smooth and I've got no issues with it.
I'll share it with you here, cause it's temporarly not available on the PlayStore unfortunately: https://jumpshare.com/v/0vdkxlndOWq5CdTQjzju
Afterwards add the token manually:
Address: 0xB97048628DB6B661D4C2aA833e95Dbe1A905B280
Token Symbol: PAY
Decimals: 18
Token Name: TenX Pay Token
If you're the user we're thinking about, you previously mentioned that you had other tokens sent to your address, which aren't supported in the app. However, when you provided the transaction hash, it was for TenX, which are fully supported in Freewallet. Our recommendations were to download & install our Token Wallet app and log in the same way you log into your ETH wallet to access your TenX tokens.