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jwinterm
btc should be cheap af
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jwinterm
right this moment at least
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jwinterm
should be able to get in next block for like 5 sat/byte
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jwinterm
probably clear some 2 or 3 sat/b txs overnight
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nioc
shum
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SerHack
Hey community, just a quick reminder: I posted an update about Mastering Monero. Feedbacks and critics are welcomed!
reddit.com/r/Monero/comments/l396w7…s_for_mastering_monero_we_need_your
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monerobux
[REDDIT] SerHack updates for Mastering Monero (we need your help!) (self.Monero) | 150 points (99.0%) | 30 comments | Posted by serhack | Created at 2021-01-23 - 09:35:07
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midipoet
jwinterm: I use wirex as a debit card app, and also to send p2p most of the time. They set the fees.
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jakoson0
Why does the Saviour of NASA take a group achievement award and present it as a proof of individual glory? twitter.com/hyc_symas/status/1203709575226183683
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SerHack
If you wish to collaborate for the second edition of Mastering Monero, you're welcome to join the IRC channel #mastering-monero
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kayront
midipoet: did you ever get the bitsa card in the end?
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midipoet
kayront: I did. But to be honest it's not really economically rational to use it. As it means purchasing XMR from an exchange then using that XMR to top up the card minus the 5-7% fee.
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kayront
5-7%??
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midipoet
Yes, to convert the XMR to euro, Bit Novo charge about that (they offer 5-7% less than spot price/Kraken price)
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Inge-
heh. I'd have to buy Euro with my NOK, exchange for XMR so that they can exchange it back to euro again for the card.
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msvb-lab
Inge- Is it not possible to transfer to Bisa without using an exchange, why is an exchange needed for people already owning XMR?
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msvb-lab
I guess Bit Novo and Bitsa are the same thing midipoet?
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kayront
damn, 5-7% is steep af
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midipoet
Inge-: yeah, exactly.
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midipoet
msvb-lab: they are the exchange service provider for Bitsa, I suppose
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midipoet
msvb-lab: but yes, if you had large amounts of XMR that you wanted to "live on" in the free world, Bitsa is an option
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kayront
though one wonders after how many topups the anal probe would come
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msvb-lab
I see midipoet, so when you choose 'top up with XMR' in the Bitsa application you are given a choice to use Bit Novo but no public address is offered right?
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midipoet
It provides the deposit address but it's held by Bit Novo. They do the exchange to Euro and the card balance is held in Euro by Bitsa. It's a custodial card/service. As far as I understand it, Bitsa some custody any cryptocurrency for you. Only Euro.
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midipoet
They do however allow you to top up using vouchers which can be bought across some parts of Europe. Which is a plus.
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msvb-lab
This sounds like the exchange Bit Novo is a requirement to use, but for people already with XMR they don't need to use EUR to top up a Bitsa account. I guess that's better than nothing?
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msvb-lab
It seems like there are two features who appeal to different groups of people, the one who owns XMR and wants to buy EUR things, and the other that wants a credit card without a bank account.
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msvb-lab
So if you top up using EUR vouchers or SEPA and buy EUR things there is no 5-7% loss and the second group wins?
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msvb-lab
Or the one with XMR but doesn't care about exchange price can win as well, maybe.
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midipoet
Yes. That explains it well msvb-lab
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midipoet
msvb-web7: ^
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wowario[m]
!tune