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Title: Coinbase.Instant limits Post by: AbS0rb on September 19, 2013, 11:02:48 PM First of all wanted to say that i'm a customer of Coinbase and i'm very happy to use them,i think it is the one the best services i used ever and i'm proud that i live in the same city where it is established(something like 20 minutes to get to their office :)).
I've used their instant buy service since they launched it and there were no problems with it,just a smile on my face,it was as easy as to breathe,the perfect place for me. When price drops i used all the limit(50 BTC/day) and it was good time. But recently they lowered their limits to 10 BTC/week @ instant and the rest - the same it was before(like 4 days of waiting) and it isn't enough for me. Just wanted to ask Coinbase to set limits back.I know it was done as a precaution from thefts and so on,but still any chances for this to happen? Anyone thinking the same? Maybe some other places where i'll have higher limits? Title: Re: Coinbase.Instant limits Post by: justmyname on September 20, 2013, 01:21:50 AM I thought you could still buy up to 50 coins per day? You just don't get them instantly unless it is 10 coins or less?
Don't tell me they keep changing the amounts continuously. So you can't depend on them. as they may flake out any second. Title: Re: Coinbase.Instant limits Post by: cbhelp on September 20, 2013, 01:31:18 AM 10 btc instantly is pretty damn good considering they don't even have their money from you fir like 2 days
Title: Re: Coinbase.Instant limits Post by: btc4ever on September 20, 2013, 01:34:24 AM If I lived in SF I would just attend the weekly buttonwood meetup. Coinbase is subject to ACH chargeback fraud due to their interaction with the legacy banking system. That is the reason they have to start imposing limits, etc. PayPal started out quite nicely and customer friendly also, but imposed increasingly draconian measures to combat fraud inherent in the legacy system.
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