Bitcoin Forum

Economy => Service Discussion => Topic started by: BitCoinNewGuy on June 08, 2013, 03:43:24 PM



Title: Coinabul.com, Legit?
Post by: BitCoinNewGuy on June 08, 2013, 03:43:24 PM
I want to make an order with Coinabul.com:


Are they legit?  ??? ??? Anyone had any issues? What should I expect?

I live in the United States, and want to pay with BitCoin. I will admit, it is SCARY buying with BitCoin as I can't just call up my credit card company and bitch. Yes, that is right, I want to actually USE my BitCoin for TRADE transactions!

[EDIT] Heard some negative things about them and doesn't seem like there is really any posts about that website in months. This is fucking why BitCoin is a joke currency, it's based on trust. It's like giving someone $500 cash and then him telling you "Wait here! I'll be back in 6 hours with your item" and never returns.


Title: Re: Coinabul.com, Legit?
Post by: fourd00rgtz on June 09, 2013, 12:46:51 AM
Highly recommend the link in my signature instead. I too have placed many orders with Coinabul in the past. Often the wait was very long and updates/communication quite poor. Numerous people started placing orders at the high of the market and they became quite behind, but I think eventualy everyone got their orders. Has also been a few missing/damaged orders that got some exposure on here, not sure how those worked out. They are in essense just a middle man who take your BTC and then place an order with someone else to send you what you ordered.

Amagi is a brick and mortar store in Denver that started accepting BTC. Much better mix of people/trust and (exept for during the current shortages) inventory.


Title: Re: Coinabul.com, Legit?
Post by: worldinacoin on June 09, 2013, 12:48:52 AM
Seen them operating for quite some time, they should be safe, or you will find the Bitcointalk community yelling Scam at them :) .


Title: Re: Coinabul.com, Legit?
Post by: 00null on June 09, 2013, 12:53:12 AM
https://bitcointalk.org/index.php?topic=152382.0 (https://bitcointalk.org/index.php?topic=152382.0)
https://bitcointalk.org/index.php?topic=149253.0 (https://bitcointalk.org/index.php?topic=149253.0)
...


Title: Re: Coinabul.com, Legit?
Post by: Jgguy on June 09, 2013, 02:32:33 AM
They have been around for awhile but issues have come up as shown by the posts above.


Title: Re: Coinabul.com, Legit?
Post by: 🏰 TradeFortress 🏰 on June 09, 2013, 02:40:57 AM
No, they are no longer legit.


Title: Re: Coinabul.com, Legit?
Post by: Factory on June 11, 2013, 05:04:52 AM
I can not say if they are 100% legit or not- but I can tell you a bit about my dealings with them:

I ordered a very large amount of silver coins and paid for express next day shipping. It took 23 days to receive my silver coins, and during that time I never received a single email or call from Coinabul regarding the delay. The only contact from them were automated emailed regarding the order- despite me emailing support as well as leaving a voicemail every 7-10 days to see what the delay was about. After several months, I am still attempting to get a refund for the additional cost of express shipping- as it was a service that they clearly failed to provide.

The only positive thing I can say about Coinabul is that the coins were packaged extremely well and they arrived in perfect condition.