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trip 03-29-2018 11:32 AM

BMO blocks cryptocurrency purchases on its credit, debit cards

Quote:

TORONTO - The Bank of Montreal has stopped allowing customers to use its credit cards to buy cryptocurrency such as bitcoin.

The bank says it no longer allows retail consumers to buy cryptocurrencies using Mastercard-branded credit or debit cards.

The bank's decision follows a move by TD Bank last month to stop allowing customers to use its credit cards to buy cryptocurrency.

TD said it made the decision to conduct a review and assessment of the evolving market.

The decisions follow moves by several U.S. banks to stop allowing credit card purchases of bitcoin and other cryptocurrencies.

The value of bitcoin soared last year, trading for more than $20,000 per bitcoin, but has since come off its all-time highs and now trades for less than $11,000.

https://www.bnn.ca/bmo-blocks-crypto...ards-1.1028181

ime2006 03-29-2018 01:14 PM

Quote:

Originally Posted by ime2006 (Post 8895509)
My info says 7100-7200 is the bottom....But who knows.

It's time!!!! 7200 now
Buy buy buy

Manic! 03-29-2018 01:18 PM

Live stream of active traders.


UnknownJinX 03-29-2018 01:39 PM

Quote:

Originally Posted by trip (Post 8895556)
BMO blocks cryptocurrency purchases on its credit, debit cards

Yep, I tried to use my BMO credit card and it doesn't work.

Maybe it is time to finally open another account... :pokerface:

trip 03-29-2018 01:42 PM

Quote:

Originally Posted by UnknownJinX (Post 8895572)
Yep, I tried to use my BMO credit card and it doesn't work.

Maybe it is time to finally open another account... :pokerface:


this was the only reason i opened an account with them.. i wonder how many did the same and are now going to close it

UnknownJinX 03-29-2018 01:55 PM

In my case, I just had the BMO account since I moved to Canada 8 years ago, and I never really saw any valid reason to open another account at another bank.

This is making me reconsider, though. Just opening another account for the sake of cryptocurrency is a bit silly.

Worst case scenario, some websites allow you to use Flexepin to buy, which has a $16 fee for every $500(so 3% fee), but it's still a good workaround since Flexepin can technically be used for a lot of other stuff.

Ch28 03-29-2018 02:27 PM

I understand the reason for banks to close all purchases made from their credit cards, because the credit is technically not your own money.

I do have an issue with how they're disallowing interac transactions when interac pay WITH MY OWN MONEY

Blueboy222 03-29-2018 02:33 PM

Thats why you should have money in the exchange. For these opportune moments!!!

BUY NOW BOYSSS WE GOING TO THE MOON!!!!!!!!! GOGOGOGO :fullofwin:

Manic! 03-29-2018 02:54 PM

Intel getting in the game.

https://www.coindesk.com/intel-wants...e-accelerator/

SkinnyPupp 03-29-2018 05:21 PM

Heading to the bitcoin ATM today, hope it doesn't bounce before then LUL

Keep selling all you panicking bankers and morons LUL

eclipseman 03-29-2018 08:19 PM

I'm speculating 4400-4800...but that's just me.

Still plenty of time for it to come down more

Manic! 03-29-2018 08:55 PM

Time to buy Tron and Ripple. There going to the moooon!!!!!!!

Check this video by the 12 year old Genius Trader


April 18th is the day to watch.


Also March 31 is a day to watch


Blueboy222 03-29-2018 08:59 PM

ALL IN BOYS :fullofwin:


akira112 u jealous no-coiner

Manic! 03-29-2018 09:11 PM

Quote:

Originally Posted by zyzzjr (Post 8895624)
ALL IN BOYS :fullofwin:

I can't shovel in money fast enough.

ime2006 03-29-2018 10:11 PM

Quote:

Originally Posted by zyzzjr (Post 8895624)
ALL IN BOYS :fullofwin:


akira112 u jealous no-coiner

That's right!!!! All in!!!!!!!!!!

Manic! 03-30-2018 12:56 PM

I think we might have hit the bottom for ethereum around $500.

akira112 03-30-2018 03:48 PM

Quote:

Originally Posted by zyzzjr (Post 8895624)
ALL IN BOYS :fullofwin:


akira112 u jealous no-coiner

I think that fail was a mis-click, didn't even know i did it.

SkinnyPupp 03-30-2018 06:26 PM

So is $7K the floor for bitcoin? BrokeBack

Ch28 03-30-2018 07:39 PM

Quote:

Originally Posted by Manic! (Post 8895693)
I think we might have hit the bottom for ethereum around $500.

ETH was 377 USD the other day :okay:

Manic! 03-30-2018 09:18 PM

Quote:

Originally Posted by Ch28 (Post 8895730)
ETH was 377 USD the other day :okay:

492.02 can was the lowest.

UnknownJinX 03-30-2018 09:43 PM

Has anyone seen this "Bunny Token" pop up on YouTube ads?

Supposedly it's the cryptocurrency for porn... LOL

Doubt it's gonna take off. Lots of people are saying that's it's a Ponzi or a scam.

Manic! 03-31-2018 11:43 PM

I'm thinking bitcoin is going to go below 5K US on Tuesday.

ime2006 03-31-2018 11:50 PM

Quote:

Originally Posted by Manic! (Post 8895892)
I'm thinking bitcoin is going to go below 5K US on Tuesday.

i would say even lower.

ETH will be below 250 USD.

Ch28 04-01-2018 12:27 AM

Quote:

Originally Posted by Manic! (Post 8895892)
I'm thinking bitcoin is going to go below 5K US on Tuesday.

What makes you think that?

Manic! 04-01-2018 12:37 AM

Quote:

Originally Posted by Ch28 (Post 8895900)
What makes you think that?

There is no support. Who wants to buy bitcoin right now? All the people that where bullish in bitcoin are now broke.


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