CAPITAL ONE IS BEGINNING TO BLOCK ALL CRYPTO PURCHASES!

girlDog
girlDog

CAPITAL ONE IS BEGINNING TO BLOCK ALL CRYPTO PURCHASES!

Proceed accordingly.

Just giving you guys a heads up, just got done dealing with these idiots on the phone and have communicated with a couple different communities and found im not alone on this issue. It seems like they are rolling out blocks on all accounts, it just got implemented today and will grow into a much larger issue in the coming days.

They did not set a deadline or anything concrete, they simply are refusing to allow their clients to use their services at all for Crypto.

PS Any other alternatives to Coinbase that accept Paypal or something?

All urls found in this thread:
https://secure2.entropay.com/consumer/u/registration
https://www.reddit.com/r/CryptoCurrency/comments/7q2hws/capitalone_started_banning_crypto_exchange/
https://www.reddit.com/r/CryptoCurrency/search?q=capital+one&sort=new&restrict_sr=on
https://blockchain.info/block-index/14849
https://coinmarketcap.com/currencies/ethgas/
https://coinmarketcap.com/currencies/ethgas/
https://coinmarketcap.com/currencies/ethgas/
King_Martha
King_Martha

Kek you bought crypto with a credit card? They probably put it in the same category as paying off a credit card with another credit card, not allowed.

girlDog
girlDog

@girlDog
Just buy a prepaid visa card you fuckwhit

lostmypassword
lostmypassword

Local bitcoins dot com. Make sure to only trade with users that have perfect score (100%). This is especially important when dealing with PayPal or any other refundable method of payment.

Spazyfool
Spazyfool

@girlDog
Land of the fee

Snarelure
Snarelure

Use revolut

Evil_kitten
Evil_kitten

@King_Martha
Its both debit and credit.
@girlDog
Was already considering that option as well, have a old prepaid visa card ive let sit unused. Guess its getting reloaded after a year of nothing to use it for.

lostmypassword
lostmypassword

@girlDog
I was told coinbase didn't allow those.

Skullbone
Skullbone

You can buy btc at virwox.pw using Pay Pal

BlogWobbles
BlogWobbles

@girlDog
If everyone dropped them they would change overnight or go out of business.

Ignoramus
Ignoramus

@BlogWobbles
Way ahead of you, moving my shit to my secondary account. Problem is I dont have a secondary credit, the transfers were much faster via credit than via debit. It was literally instant with a line of credit.

Firespawn
Firespawn

@girlDog
Using coinbase
Just use kraken, you'd have to wire money so idk how they would handle that. You could also try coinmama, and if that doesn't work I suppose bitstamp is the last resort.

DeathDog
DeathDog

@lostmypassword
Same, but it might work with ones like Walmart Money Cards where its literally just a glorified debit card. Was planning on transferring like twenty bucks onto that and testing a coinbase purchase

Fuzzy_Logic
Fuzzy_Logic

liar

Evil_kitten
Evil_kitten

Bullshit OP

massdebater
massdebater

@Evil_kitten
Not bullshitting, but believe whatever you want. If you have them, have fun when your effected in a couple days. Will probably end up becoming common knowledge by next week, it seems to be only effecting a small percentage of users currently. Some seem to be completely unaffected as of current.

Need_TLC
Need_TLC

You're lying OP. It's illegal for companies to deny you from making legal purchases.

PackManBrainlure
PackManBrainlure

@girlDog
Is it just credit cards or debit accounts?

DeathDog
DeathDog

@Need_TLC
Well send me where that is stated, because ill gladly throw that in Capital Ones face so I dont have to jump through bullshit hoops in order to continue buying crypto.

5mileys
5mileys

@PackManBrainlure
Not sure yet, the way it was described to me on my phone was that they were blocking charges tied to Binance and other large Crypto sites. End of story. Was put on hold for quite some time before being told this.

Going to call again in the morning for more information, credit specifically has been confirmed across multiple cases. But some people are not having issues with that yet.

Recommend testing it if possible so we can get more information in here. About 3/10 were having issues that ive discussed this with and were met with the same phone statement. Rest were seemingly fine and skeptical.

ZeroReborn
ZeroReborn

https://secure2.entropay.com/consumer/u/registration

You're Welcome OP

BunnyJinx
BunnyJinx

@King_Martha
They probably put it in the same category as paying off a credit card with another credit card, not allowed.
lol wtf do you think a balance transfer is?

Supergrass
Supergrass

why does capital one care? their customers still have to pay interest and fees on their cards and what does it matter if people are offloading from their checking, if they keep depositing? Is the FIAT cartel really that paranoid? Seems like bullshit to me

Evil_kitten
Evil_kitten

@Supergrass
Same line of thought on my end and I was told this bullshit directly by them, they basically said they were doing it due to the volatility of the market at the moment.

Problem is, if its about debt and loosing money why would they care?

And if the risk of loss is the issue why would they not prevent people from pulling money from ATMs in Las Vegas or prevent people from buying lottery tickets.

whereismyname
whereismyname

@Evil_kitten
Yeah, if true, that's pretty insane.
I wonder who is pulling the strings/final decision here?
Maybe they know the crypto market has legs if more people get into it and are completely scared of becoming irrelevant.

Carnalpleasure
Carnalpleasure

You can't use credit cards to load gambling sites. I guess they are starting to view crypto as gambling too.

Emberfire
Emberfire

Please tell me all you faggots arent unironically this fucking new just getting into crypto when you could have been registering and buying for literally almost a fucking decade now without ever having needed to give any ID or SSN. Why the fuck would you link a bank account or credit card for them to track and tax you? There's still ways to get crypto for fiat without subjecting yourselves to that what the fuck are you all doing

Dreamworx
Dreamworx

@girlDog

Can't wait for Chase and other banks to start blocking deposits from crypto sites or even coinbase and then we'll really be unable to cash out (except for localbitcoins). These assholes really are THAT paranoid of the wealth redistribution from this, huh?

SniperGod
SniperGod

@whereismyname
What im currently pissed about is the fact that the funds are that much harder for me to get, means all of my funds tied up in brokers or wallets based on ether/gwei are now more expensive, time consuming, and agitating to move around and make liquid again.

TechHater
TechHater

@Dreamworx
If we started exchanging goods and services to one-another in exchange for these vary crypto it won't matter what they let us do.

StonedTime
StonedTime

@Dreamworx
Honestly the first thing I thought of after getting off the phone was this was just the first step in complete and utter damage control.

Banks are on suicide watch now I guess.

PackManBrainlure
PackManBrainlure

@girlDog
https://www.reddit.com/r/CryptoCurrency/comments/7q2hws/capitalone_started_banning_crypto_exchange/

Snarelure
Snarelure

Shit, I have a capital one card. Only other cc I have is discover.

Dreamworx
Dreamworx

@PackManBrainlure
SO that reddit is starting to flood with similar reports. Looks like Capital One and its higher ups are in for a shit storm.

Methshot
Methshot

@Dreamworx

Lol, they're one of the biggest banks in the world. Nobody gives a shit about not being able to buy crypto.

TalkBomber
TalkBomber

@Methshot
Wont save them from the mob of angry normies coming down on their social media pages and shitting up the place.

CouchChiller
CouchChiller

@Emberfire
So you hand people gold bars for your crypto?
Unless you get prepaid credit cards, your information is always there.

WebTool
WebTool

@massdebater
your effected
you're affected

PurpleCharger
PurpleCharger

@girlDog
Link to 'different communities' or bullshit. I already know this is fake because I already google'd it, but this is just so everyone else knows its fake.

Need_TLC
Need_TLC

@girlDog
how long until small time local banks follow suit?
don't have an account with any mainstream banks

Garbage Can Lid
Garbage Can Lid

@PurpleCharger
https://www.reddit.com/r/CryptoCurrency/search?q=capital+one&sort=new&restrict_sr=on

Enjoy. This is only Reddit, one single crappy site and its starting to flood with the issue.

Crazy_Nice
Crazy_Nice

@DeathDog
Can confirm that this works.

Unfortunately this is the only way I know how to get my USD into ether or LTC or whatever I'm taking off of coinbase. You have to get the card activated and wait for a short period and then afterwards coinbase will post the test transactions and you will reply to their 2FA shit and you're in.

w8t4u
w8t4u

good thing i already maxed out my capital one credit card buying btc

Nojokur
Nojokur

@Crazy_Nice
That means they are going to stop nothing, people will just go do that or something similar by withdrawing the balance from the account. Credit or otherwise, either way, it will work.

LuckyDusty
LuckyDusty

@Nojokur
Yeah probably won't stop a whole lot in the end but I bet they did it for some sort of monetary or upcoming regulatory reason. Land of the free....

BinaryMan
BinaryMan

@Crazy_Nice
Supposedly you can get the Amazon Debit or Credit card and just transfer the funds into your Amazon balance and move the funds accordingly as well.

Harmless_Venom
Harmless_Venom

You may still be able to transfer USD over to Coinbase, but sounds like they are just blocking Coinbase all together.
Time to go on Twitter and tell them they're anti-LGBTBBarQ for blocking the transaction.

BlogWobbles
BlogWobbles

@StonedTime

lol they are just mad they didn't buy ethereum when it was a few dollars and all poor nerds who knew it had good fundamentals did (or the older dudes who bought bitcoin early). They are so fucking salty they can't control the market that they are just blocking us from cashing out.

BinaryMan
BinaryMan

Bitcoin ATM’s. You got a 7-11 by you?

Nojokur
Nojokur

@Supergrass
@Evil_kitten
@whereismyname
Capital One's market is generally subprime - people who don't make good decisions and have hard times paying debt off. They don't want to 'lend' you money where there's a good chance you'll lose it.

massdebater
massdebater

@girlDog
Banks showing us exactly why we should have control over our own assets. How nice.

TechHater
TechHater

@girlDog
Sounds fake, isn't that illegal or something?

Crazy_Nice
Crazy_Nice

@TechHater

I just got an email that Coinbase rejected my purchase because of my bank. Try buying $5.00 worth of anything.

So I guess this is the first battle of the crypto meme war.

Crazy_Nice
Crazy_Nice

@Crazy_Nice
I'm not with these captial one people so I can't try. Seems really weird.

Evilember
Evilember

this slows the normie money from entering all in one swift movement. it allows us to accumulate and also sell out huge bags over time, isin't capital one kind

Skullbone
Skullbone

I guess it's time to move my shit to another bank.

farquit
farquit

What about bank transfers / buys on Coinbase through a checking account? I have Capital One.. if they want to try to ban crypto purchases fuck them. I'll close my accounts.

New_Cliche
New_Cliche

@5mileys
Binance doesn't deal in fiat retard.

RavySnake
RavySnake

Buying crypto on credit SHOULD be banned.
A bank controlling how you use demand deposits/bank transfers/debit, however is retarded.

Playboyize
Playboyize

@TechHater
and that there newfriend has been the target since https://blockchain.info/block-index/14849

FFS people. People need to start conducting business in crypto. Stop thinking about getting rich quick and start thinking about bringing down the system. If more people thought like that we would all be richer than you ever imagined.

CouchChiller
CouchChiller

Just tried to purchase but it was cancelled by the bank. Fuck Capital One.

AwesomeTucker
AwesomeTucker

@Evilember
capital 1 is a scam card anyway. They generally charge fees and are targeted to losers and women.

Stark_Naked
Stark_Naked

@Harmless_Venom
tell them they're anti-LGBTBBarQ for blocking the transaction
Really the only way to get corporations to do anything. Anything to avoid being called racist or homophobic.

SniperGod
SniperGod

You need to buy EGAS and hold it long term, it has huge potential. 13M Max supply and it costs pennies right now. Great concept and active twitter. mooncoin material.
Take a [email protected] https://coinmarketcap.com/currencies/ethgas/

StrangeWizard
StrangeWizard

@AwesomeTucker
They generally charge fees

? I'm living abroad and they don't even charge overseas fees.

Fuck them for this shit though.

Dreamworx
Dreamworx

SHORT COF

likme
likme

@girlDog
Are Wells Fargo credit cards owned by Capital One?

Deadlyinx
Deadlyinx

I really like EGAS, it looks like a scamcoin but even if it is, at this price it can still go 10x before it gets dumped. check it out.
Take a [email protected] https://coinmarketcap.com/currencies/ethgas/

Firespawn
Firespawn

looks like changelly is still working. Better than nothing I guess.

Snarelure
Snarelure

@lostmypassword
Local bitcoins dot com

Never meet in private with anyone with russian accent

Ignoramus
Ignoramus

I really like EGAS, it looks like a scamcoin but even if it is, at this price it can still go 10x before it gets dumped. check it out.
Take a [email protected] https://coinmarketcap.com/currencies/ethgas/

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