Please send to:

1LPjzJKP8S6ugJLM6bubdxSwq17BhgJTk4

Thanks!

*yawn*

Today has been a blasty blast 

Exactly.  You actually never have to pay a transaction fee, and you will probably never be required to do so.  However, including a small fee such as .0005 BTC provides extra incentive for miners to include the transaction within a block.

Miners mine because they receive an incentive to do so.

Currently, the 25 BTC block reward is the primary incentive.  The transaction fee will only become an issue when the block subsidy approaches zero.  This won't happen for several decades.  However, when it does, transaction fees will need to provide enough incentive for miners to continue mining.  By this time, it is assumed that Bitcoin will have grown to the point that there will be millions of transactions with small fees attached to them, and the sum of these fees will provide an incentive for miners to continue mining (e.g. one billion 1-cent transaction fees total $10 million in incentives for miners).

And, even if BTC becomes so valuable that .0005 BTC is worth a lot relative to fiat, the transaction fee can be reduced.  All that matters is that a balance is achieved wherein miners are happy with the incentives they are given for their work, and users are happy with the low transaction costs. 

Well that's good, because your funds weren't frozen indefinitely.  Actually, they were probably never frozen at all.


This isn't what indefinitely means.


You're obviously not the first person to be in this situation, and it requires a manual fix.  This means they need the time to manually respond to every single instance of this sort of claim (e.g. to clear transactions, to whitelist accounts, etc.).  However, it seems as though you still haven't keyed into the fact that the "support" responses you're receiving are likely auto-generated.



Yes, you have no idea when (or if) the funds will be withdrawn.  But no, if you move that $286 to Dwolla-Gox and then buy BTC with it, you didn't spend twice what you originally intended.  Now, assuming you still had money in your bank account after transferring to Dwolla-Gox, then you would spend exactly the amount you originally intended.  If not, then Coinbase wouldn't be able to withdraw the necessary funds to complete your purchase because, well, you moved them.


So you 'beta' be responsible and read before you register.


When did they ever withdraw funds from your bank account?  Every indication suggested you were never charged.  


Lol, if you thought this experience was bad, have fun with the other exchanges.

Sometimes when I quit Bitcoin-Qt, it still appears in the list of "processes" in my task manager.  When it's listed there and I try to reopen Bitcoin-Qt, I get the same error message.  Try checking to see if it's listed there and close the process 'Bitcoin-Qt", then reopen it.

It's made by XFX.  I'll do 1 BTC + shipping. 

The history behind the card is that it was received as part of a Tiger Direct computer bundle.  I used it for a week, played a little Crysis 2 with it, then upgraded after a week to a 6970 to do some more serious mining at the time.  The 5550 was placed back in its box and has been sitting around untouched ever since.

I have a Radeon 5550 that was used for one week.  It was never overclocked and never mined with.  It's in like-new condition.

You: They stole my money.
Police:  How much did they take?
You:  Well, their website told me it took amount x.
Police:  What website?
You:  Well, the information isn't up there anymore.
Police:  What?
You:  It briefly said it took my money, but it doesn't say that anymore.
Police:  Right...yet you're saying they stole amount x?
You:  No.
Police:  What?
You:  I still have x in my bank account.
Police:  But you said they stole your money.
You:  Well, they did.
Police:  What?
You:  My money was locked up for 6 days!
Police:  But you said you still have x in your bank account.
You:  I do.
Police:  So what's the problem?
You:  They're "GD garbage!"


After a conversation like that, I'm sure it would.  I've seen a few complaints on this forum, too.  It seems that taking the support route has been working to resolve those complaints.  I'll keep my eye out for outstanding cases, though.


I waited 2 business days for a response from support, but because the span included a weekend it was longer than 96 hours.  But, they got back to me, and the whole thing was resolved quickly once they did.

Exactly where was it indicated that the transaction was "declared completed?"  Mine was "pending" until cancelled; it was never "declared completed."


Yeah, good luck with that.  If you "wouldn't know how to 'prove' it" to me, how do you expect to convince law enforcement to do anything?  I'm guessing the "it's as I say" thing works in Coinbase's favor, too.

Update:  Coinbase essentially reversed the cancellation on my transaction and credited my account with BTC at the rate I was originally quoted.  I was then told that I was now "whitelisted" to avoid similar complications in the future.

For those interested, it took two business days (from Friday until Tuesday) for Coinbase to respond to a support ticket I created regarding a cancelled transaction.  They went back and cleared the transaction at the original price I was quoted and they credited the BTC to my account.  Then, they "whitelisted" me to avoid these complications with my account in the future.

I know I did, thanks.  However, I believe I also asked for proof of your claim.  Besides, the site is beta, as in, "You beta not put any money here you can't afford to lose (or have tied up)."

Here's what I do know - I was in virtually the same situation as you, and now it's resolved after one email to support.  You said you contacted them three times.  When was the initial contact?  My initial contact was on Friday soon after my transaction was declared cancelled.  I received an email yesterday (Tuesday) from them, so it took about 2 business days.

And, when/how did they do that exactly?  Examples? 


Well, clearly you're emotionally upset about it, even if the few bucks aren't the reason you're upset.  You certainly made it a point to come here and let us all know what you think.


What original complaint?  As far as I can tell, your "original complaint" is this thread.  And, you stated that you refuse to contact support.  You don't expect them to come onto this forum to address your complaint, do you?  I certainly hope not.




Well, did they take your money or didn't they?  In your OP, you stated that Coinbase is "taking money" from its users and using it to "buy BTC".  However, in the (automated) email that they sent to you, it clearly indicated that they did not withdraw the money from your bank account.  You didn't lose anything, did you?  And if so, proof?

Don't be so stubborn.  They can't blow anything they're not even aware of.  Bitcointalk.org is NOT the Coinbase support forum.

All it took me was 30 seconds of my time to write one email which cleared up everything.  If you had done the same, maybe you would've been able to sneak in before this little rally. 

They reversed my cancelled order and credited my account with the amount of BTC I had originally purchased, and at the original price I was quoted.  Now, since the reversal, my account is in good standing and I can now make simultaneous purchases.

This is an outstanding offer for anyone interested.  I will sell XRP in increments of 1,000 (up to 75,000) at a rate of BTC0.05 per 1,000 XRP.

Relax.  I had the same issue.  Just contact support.

https://bitcointalk.org/index.php?topic=146162.msg1564286#msg1564286

Another update, Coinbase replied to my support ticket with the following statement:


I'm quite pleased with this response.  Hopefully everything will work out and I will receive my BTC tomorrow

Update:  No response from customer support yet.  A support ticket was created Friday evening (it is now Tuesday afternoon).

Interestingly, my friend registered for Coinbase soon after I did.  He also went through the "instant verification" process for his bank account information, but instead of purchasing a single BTC, he purchased five.

My friend's BTC order cleared without a hitch.  The similarities between our purchase transactions include the following: 
1)  We both used instant verification for banking details
2)  We both registered accounts, were verified, and made purchases all in our first day of site usage.

Differences between our purchase transactions include the following: 
1)  The BTC price increased significantly after my purchase (my purchase was cancelled) while BTC price remained relatively stagnant after my friend's purchase (his purchase was executed)
2)  I purchased one BTC, my friend purchased five BTC

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