Bitplastic Bitcoin Debit Card. Revolutionary Or Ripoff?
I’m a believer in bitcoins, I think it has great use for normal people like us especially in the seemingly fragile state of the worlds economys
But bitcoins still produces some problems of their own. To date Ive been ripped off a few times now
Someone hacked my Mt Gox bitcoin account and removed over $1000
Ive been caught by the Paypal charge back scam selling my bitcoins
Raxcard.com have ripped me off, claiming they give me the wrong bitcoin wallet address
after I had transferred the BTC. however my mining efforts have made it back and some more.
My bitcoin spreadsheet now states positive, so I’m on the journey to find a Bitcoin Debit Card
to access my successful investment
Bitplastic is my next trial. After the Raxcard Ripoff, I’m hoping bitplastic can be
“The Bitcoin Knight in shining armor” I’m looking for, I must say at first I was skeptical.
Youll find a small diary below on the costs and fees plus my experience
Go To Bitplastic – Click Here
I joined bitplastic.com and transfered some Bitcoins in, (just enough to purchase a debit card and load it with some cash)
Bitplastic state on their webpage, the wait is 2-3 weeks
8th December 2013 – Deposited Bitcoins
8th December 2013 – Purchased Bitcoin Debit Card
20th December 2013 – I sent an email query about the progress of my card – 12 days since order
21st December 2013 – My Reply was that they were just waiting for more cards – had just been posted
22nd December 2013 – Bitplastic Bitcoin Debit Card Price Rise
24th December 2013 – Discounted Bitplastic Bitcoin Debit Card Offer To Me
26th December 2013 – Email Address In My Profile Section has been changed to kekecmojca@live.com (and I didn’t do it)
26th December 2013 – Successfully Withdrew BTC from my account, fee = 0.003 BTC (Approx $3)
3rd January 2014 – Bitplastic Bitcoin Debit Card has arrived (Yea-Ha – Im very excited) – 26 Days from order / 13 Days postage (Canada To Australia)
3rd January 2014 – I noticed that the Bitplastic Bitcoin Debit Card is now priced back at 0.2 BTC
4th January 2014 – Deposited 0.1 BTC (Approx $100) Into Bitplastic and requested it to be put into my new card
4th January 2014 – Got a fast reply. The process is all done inside your Bitplastic members area (fee is 0.005 BTC to load 1 BTC) Ended up sending 0.095 BTC
5th January 2014 – I received conformation that the money has been deposited to my Bitplastic Bitcoin Debit Card (Takes 24-48hrs to complete)
7th January 2014 – The Money has deposited the bank account attached to The Bitplastic Bitcoin Debit Card
7th January 2014 – The Total Fee for The Bitplastic Bitcoin Debit Card
0.2 BTC For Debit card (around $200), Total Fees is around $20 for dealing with $100,
but as it is 0.005 BTC to load the card, which is a set amount unlike Mt Gox who charge 22%.
for example lets base off say $1000, or approx 1 BTC to keep it simple and Ill use the costs associated with my transaction
Mt Gox = $220 ( at 22% of $1000) for bank deposit (4 week plus wait)
Bitplastic = $20 (At 0.020 of $1000) for Visa use or Cash withdrawal (3 days wait)
$200 Dollars the difference (or approx 0.2 BTC – The cost of the debit card)
this is based off todays pricing
So compared to Mt Gox, it would only need you to cash in $1000 or 1 BTC
and the card pays for itself, Similar to Virwox and their process.
Bitplastic Bitcoin Debit Card is the better option though the card is costly.
Go To Bitplastic – Click Here
So lowering your fees is about doing larger transactions when loading your Bitplastic Bitcoin Debit Card
is around $20 – $25 total fee (Not including ATM fees) as far as I can work out.
remember it has a $200 cash withdrawal limit and $1000 Visa limit
8th January 2014 – I am very happy to say I just purchased $10 of items from a corner store using Visa on my Bitplastic Bitcoin Debit Card, “IT WORKS!!”
I used the Visa option, put in the pin number that Bitplastic sent me and it worked perfect
If This Story Helps You
Buy Me A Cuppa or just donate to
1Jjh7WFENU4n1o2kR5gnZ4JHvjnUyDTeNk
Other Bitcoin Stories Of Interest You’ll Be Happy You Read
Bitplastic – A Bitcoin Debit Card That Really Works
Read Our Experience – Click Here
Want To Join Bitplastic – Click Here
Pyramining – An Online Bitcoin Mining Group That Pays Out
Read Our Experience – Click Here
Want To Join Pyramining – Click Here
The Raxcard Ripoff – Bitcoin Debit Card Scam Artists
Read Our Experience – Click Here
This site is a scam being run by dr.moriarty. i sent from my coinbase acount to my bitplastic account which has the username ubeing the amount of 0.9562 btc and tried to withdraw through bitplastic to coinbase for testing purpose since a week now my amount has disappeared. And what i got as reply that he ran my coin through mixer because he thinks im laundering bitcoin .he also told me about bitlaunder.com its related to the thief dr.moriarty. now i still did not receive my amount and he says he sent it.i even checked blockchain.info the records shows that he did not send . And he is not replying anymore. They are stealing peoples money. Scammers give me back my money
I am the owner of BitPlastic and I can assure you the site is not a scam. In addition to BitPlastic, we own 50+ bitcoin websites and we’re backed by venture capital funding from major Bitcoin investors. Our network includes BitBing.com, BitLaunder.com, BitArmored.com, CoinChimp.com, BitListing.com, BitMeetup.com and more. We have no desire or inclination to scam anyone. The issue with this customer involved a hacker stealing 1 btc from his account and we have since resolved the problem
I have an Mbank card that can’t be used, the cash machine always tells me its declined. The card was sold to me through Bitplastic, in this state. Mbank need to see proof I am the owner of the pre paid card before they can unblock it. I wasn’t told the card would be blocked before I even had the chance to receive it in the post from Bitplastic.
Dr Moriarty is a serial conman who prays on the less informed by feeding them a load of BS.
here is the proof backing up Antoun’s claim above:
Client Deposits 1 BTC in to Bitplastic via his wallet
1DUQVcT6PekZaSLQLtQxEZunaEyTuxMWxu
Client then decides to withdraw his BTC and receives
this email-
——– Original Message ——–
Subject: BitPlastic Withdrawal
Date: 08.01.2014 20:27
From: BitPlastic Support
To: removed to protect client
Hello ubeing,
We are currently processing your BitPlastic
withdrawal for BTC -0.94186
Bitcoins.
For large withdrawals, we may send you an email
requesting confirmation.
This is a security measure to keep you safe against
hackers.
You will receive an email when we have successfully
processed your
withdrawal.
Thank you
BitPlastic Support
Bitplastic claim that the payment was made from this
account owned by them after
sending this email.
Dear ubeing
Your withdrawal for BTC -0.94186 has been approved.
If you are withdrawing to a Bitcoin wallet, then your
Bitcoins have been sent.<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<<What? so where are they????
If you are withdrawing to your BitPlastic debit card,
please allow 24-48
hours for the funds to hit your card.
Thank you,
BitPlastic Support
AS in Already paid from the following account
bitplastic account –
1DPoUd4jfco8skXmDHsyJExmiR24feVhRt
This account he claims the payment was made from yet
clearly shows it wasnt paid!
The customers account
1DUQVcT6PekZaSLQLtQxEZunaEyTuxMWxu
When customer emails support and asks them where his
BTC was he receives.
——– Original Message ——–
Subject: Re: BitPlastic withdrawal
Date: 11.01.2014 04:00
From: Michael Moriarty
To: to protect client
Hi, it would have been sent from:
1DPoUd4jfco8skXmDHsyJExmiR24feVhRt
Can you CC me and coinbase so I converse with their
support too?
On Fri, Jan 10, 2014 at 6:51 PM, wrote:
Please send me the blockchain.as coinbase
requested. Thank you
Then Bitplastic backtrack and claim being hacked!!
see email below
——– Original Message ——–
Subject: Re: BitPlastic withdrawal
Date: 13.01.2014 21:54
From: Michael Moriarty
To: to protect client
I saw your post on my timeline. I can assure you,
100% BitPlastic is
not a scam. Unfortunately, BitPlastic gets hacked,
and we are doing
our best to increase security, but hackers are
persistent AND skilled.
User funds are stored in cold storage, but the
problem is that in
your case it appears what happened was that the
hacker injected his
own withdrawal address to your withdrawal request.
Even though I
manually confirmed your withdrawal, there was a delay
between when you
responded (obviously) and when I processed the
withdrawal. And that
delay was used to exploit the hole, inject a fake
withdrawal address,
and steal your funds. I sent funds to the withdraw
address in admin,
which had changed since you made your request.
I did everything in my power to prevent those funds
from being stolen,
including sending you a manual confirmation. I
understand that
ultimately it is probably my fault for not being able
to secure the
site in that particular moment against injection, but
I am not going
to pay you out of my pocket. You can scream SCAM all
you want, but I
make a lot more money running a legit site than
stealing a few measly
bitcoins.
The hackers are doing me far more financial harm than
the 1btc you
happened to lose. I have already paid out of my
pocket quite a lot of
money, but I draw the line at 1 BTC and over. If you
were smart, you
would not load 1 BTC to any online wallet anyway,
especially as a
test. Online wallets are best used for smaller
amounts.
Again, you can call me a scammer all you want, but I
run 50+ sites and
hundreds of meetups worldwide, and dozens of free
sites like
BitListing and BitMeetup … and it’s just not in my
best interest to
steal anybody’s money. The fact that 1btc of yours
got stolen is an
unlucky event for us both, I assure you.
MM
As you can see this guy really thinks people are
stupid and he is a god
and does not honor any part of the refund owning to
the customer.
This one made me laugh! Is this any way to run a
business??
——– Original Message ——–
Subject: Re: BitPlastic withdrawal
Date: 13.01.2014 22:07
From: Michael Moriarty
To: Removed to protect client
anyways, I am still considering just paying you out
of my own pocket.
Problem is, hacker stole 5.6 btc from another user
(not the same way, this
time he injected his own flush address so instead of
the coins going to
my cold storage address the money went to the
hacker). There’s no way
I’m covering 5.6 btc out of pocket, so he’s going to
brand me a scammer
no matter what. We’ll see .. I may still cover your
1btc out of pocket.
“I may still cover your 1btc out of pocket”!!! Are
you kidding me??
This site has a foul odour and after doing some
checks so do all the sites Michael Moriarty operates. His unprofessional
approach and his lack of security on his site tells me 2 things.. He is just
plain stupid or is trying to scam people and as you can see here its the latter of the 2.
Agree – BitPlastic is a scam. First of all, anyone who uses “Dr.” in front of their name rather than “MD” or PhD” after their name is suspicious…or a chiropractor (the original scam artists of medicine). And what does this “doctor” really do? Using this title tricks consumers into thinking this guy has some sort of ethical code. I bought into this little scam with caution. I opened a wallet and transferred 1 BTC to BitPlastic. I ordered the card for 0.2 BTC and made a Paypal transfer for 0.1 BTC. I thought it was odd that they didn’t ask for my email address when I made the PayPal transfer. The next day, I received six emails from 2 different sources associated with BitPlastic – customer service and Dr. Moriarty himself (who has a gmail email account, not a Bitplastic email account…hmmm…). The odd thing is that 2 of the 4 emails from the good doctor landed in my spam folder. All 6 emails asked for my Paypal account number….do these people not know that Paypal doesn’t have account numbers? Then I was told the transfer was rejected because I had foreign payments blocked. I got curious and checked my Bitplastic wallet – blank! As in gone, zero balance. The following week, I received an envelope from “BitPlastic”. I open it and there was just a pin number, no card. SCAM SCAM SCAM!
Mark Dubin – As far as I know you are not even a customer of BitPlastic.
Snarmark: ‘The odd thing is that 2 of the 4 emails from the good doctor landed in my spam folder. All 6 emails asked for my Paypal account number’
Absurd, we have no dealings with Paypal whatsoever.
‘I open it and there was just a pin number, no card. ‘
I don’t know if this is true or not, but once we ship the card, we are not responsible for someone stealing it in the mail or getting seized by customs, etc. We do offer to replace cards if they get stolen in the mail.
I set up an acct on there a few days ago. I deposited some coins and that went smoothly and quickly. I requested a withdrawal from bitplastic to another wallet. I recieved the 2 step verification email followed by another matching those above verbaitum. I am waiting on confirmation or a loss of coins and will see Moriarty/s moral fortitude.
well were you successful?
Scam website, stay away. They are trying to steal 0.3 BTC from me. Run as fast as you can.
http://www.ripoffreport.com/r/bitplasticcom/Internet/bitplasticcom-httpwwwredditcomrBitPlastic-I-sent-them-03BTC-No-money-was-depos-1183005
I have heard a lot of bad about this site, but I have been using it for a year and have never had btc stolen yet… maybe I am just lucky. idk. I do think the customer service sucks and I always wonder if and when I am next. I have just recently started using awakeincommerce.com (privatecommerce.net), AND I AM VERY PLEASED, I have been wanting to go thru them for a while but did not have the money to do so. Its a lot more transparent (being that they are hooked up with SPC), so Bit Plastic is good for small funds, but if you are looking for advanced anonymous services, I would go thru private commerce for large funds.