Bitcoin Forum

http://www.coindesk.com/coinbase-seeks-details-us-bitcoin-mining/

haha :D

When Luke Jr had to bail them out on a transaction

and they lie about their own insurance

ur a coinbase shill so do they have insurance or not

no they dont so keep ur pipe shut and stop trying to

steal peoples Bitcoin

coinbase has no regulatory reason to ask for such.

coinbase has to only gather ID information on people wanting to handle FIAT. in a world of innocent until proven guilty the regulations never ask MSB's to presume guilt and investigate everyone first.. but instead to gather basic information and to only report if someone/something suspicious was to become apparent.

never to demand stupid or weird things such as photo's of where the person works

whats next, asking every customer to provide photo's of their employers, along with photo's of their spouses..

unless someone sends an email to coinbase that literally says something stupid like "can you put a rush on my order as i have to hire a hitman".. then coinbase has to treat that as suspicious.. but as long as no one is that stupid, coinbase has to treat every customer fairly and without prejudice.

and even if that dumb comment was to be said.. the customer would still get his transaction processed, or told to withdraw funds and use another service quoting the general "breach of terms of service". coinbase can't even alert the customer that they are being investigated, but a report(separately) would be issued and at a different time/place that customer may be dealt with by the authorities.

it is not a crime to move money.
it is not a crime to move alot of money
it is however suspicious for someone claiming to be on low income and their credit record shows low income to be moving large sums. but even that is not going to allow coinbase to ransom someones account until information is provided as regulations dont even allow that either.
all coinbase are suppose to do is pass on the information they have to the regulation agencies and leave it in the agencies hands..

if coinbase does not like a customer.. coinbase cannot lock an account. nor can they freeze an account. they can however request the customer withdraws their funds and use a different service within a reasonable timescale.


its the same with underage drinking/smoking..
if a kid walks into a shop hands over a $20 and asks for alcohol/cigarettes. the retailer CANNOT keep the $20 before calling the police. the retailer cannot keep the $20 but tell the kid to run.. even if the retailer at first thinks the kid looks old enough and starts processing the transaction, at a second glance suspects the age is not right and asks for ID. the retailer still cannot hold onto that $20.. they have to hand it back. and refuse service, or take the risk and process the transaction.

your right not telling people the breach is like accusing them

of a crime without charging them

that's why it's called a Honey pot

Western Union does the same

this is where Bankers ruin ur life

And if allowed to act like this become

more dangerous than standing armies

Coimbase is now Blacklisted by

Bitcoiners for their shady practises

i saw several threadh that talk about coinbase problem,but actually i dont see real problem,can you guys tell me what excatly the problem on coinbase?
or you just hate coinbase and spread something like this?i'm use coinbase and so far its good. ;D

ur paid to shill no doubt
;D

try to withdraw ur Bitcoin then watch as nothing happens