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Old 12-14-2013, 10:33 PM   #1
WillBRZ
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Who else has pre-ordered a coin?

So I've always had a bunch of debit/credit cards and it's always annoying having my wallet feel stuffed then coin came about. What do you guys think?
You can also get 50% off so they are actually not that expensive here's a link.

https://onlycoin.com/?referral=1QrtczI5
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Old 12-14-2013, 10:49 PM   #2
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Looks pretty cool. Will have to investigate some more. Thanks never heard of it
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Old 12-14-2013, 11:00 PM   #3
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Cool but I only have 3 cards lol.
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Old 12-14-2013, 11:06 PM   #4
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Pretty Cool; I too never heard of it before. Sure wish it was released already verses Pre Order. Never saw anything about 50% off though
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Old 12-14-2013, 11:14 PM   #5
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Well pre-order price is $50 and the released price is $100. So I guess that's the 50% off
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Old 12-14-2013, 11:30 PM   #6
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Only a handful of things bug me. They expect a 2 year lifespan out of a non-replaceable battery from a heavy user, but using it less doesn't really extend the battery life that much. Non-replaceable batteries are typically a non-issue, but it is not rechargeable either, meaning I may wait for a rechargeable option. Finally, if the device's battery dies, the manufacturer won't do anything to help you - you have to pay for a new one. Not even a discount for battery failure (where they take the old one, wipe the data, and refurbish it).

I'll wait for an upgraded version.
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Old 12-14-2013, 11:43 PM   #7
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Pretty Cool; I too never heard of it before. Sure wish it was released already verses Pre Order. Never saw anything about 50% off though
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Well pre-order price is $50 and the released price is $100. So I guess that's the 50% off

Yeah they are 100 bucks but 50 if you preorder. I ordered it, it's only 50 bucks so we'll see..I'm pretty excited lol
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Old 12-15-2013, 12:21 AM   #8
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Lol I saw this on Youtube last week, please inform us how cool it is when you get it. The only question I have is how do you put money in it if you added a debit card to the coin? Will the atm machine know which card is the right card or ????
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Old 12-15-2013, 12:35 AM   #9
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Lol I saw this on Youtube last week, please inform us how cool it is when you get it. The only question I have is how do you put money in it if you added a debit card to the coin? Will the atm machine know which card is the right card or ????
All the info is in the mag strip...atm's don't read your card by how it looks it reads the strip...so you would load it up just as you would any other card.
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Old 12-15-2013, 12:41 AM   #10
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I think I'll wait until it's proven safe and reliable. Not a big fan of putting all my eggs in one basket
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Old 12-15-2013, 12:56 AM   #11
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I just use google wallet on my phone.
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Old 12-15-2013, 12:57 AM   #12
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That's pretty neat. It's cool that it stores the information on your phone by account rather than by device, as I change roms on my GS4 about every other week.

I'll check out what the other articles on sites like Engadget have to say about it. Might put in my preorder when I get home.
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Old 12-15-2013, 01:11 AM   #13
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Just my opinion, but this is something I am really not looking forward too. My main concern is that anyone can just scan your card in to their "coin" and have all your info. I know that these types of things already exist, but it still makes me feel a bit uneasy. Of course, I don't know everything about this product and could be wrong, but I do think the rate of credit/debit card theft will go up.

An easy countermeasure would be to have the "coin" send a message to the credit card company or bank when you add a card. The company/bank could then send a confirmation letter to the user that the user has to accept or the card will be canceled.

P.S. I'm not trying to rip on the device. I actually think it's a cool idea. I just hope security was their #1 priority with a device like this.
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Old 12-15-2013, 01:43 AM   #14
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the geek in me is interested but the penny pincher in me would deal with my two cards if someone (in this case me) would pay me $50. plus new cards are free and this is not.

that being said, every single one of the people point out a downside are outside of its large target market. people with enough cards to need one of these things are not likely to make financial decisions based on logic or long term effects. its new and shiny so they will buy it.

also the faq is pretty neat with that little kung fu thing slipped in.
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