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Such whining. Much bullshit. WAAAHHHH EBIL USA WAAAHHHHH EVIL GOVERNMENT WAHHHHHHHH EBIL PEOPLE KEEPING US FROM DRUGS Is that article even a professional one? It sounds very simplistic and ignorant. It puts coinbase's arbitrary business practice look professional in comparison. |
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sentiment is abysmal, the spec forum is overrun with bearish posts.
Perhaps one last washout when the bear market ends or... Smashes down into double digits? That will be some serious blood on the streets.
Doesn't loo like 200 will be our last stop down at the moment, but it seems perhaps this is a serious juncture in terms of cycle too.
Just writing some thoughts. keep level heads and powder dry!
Simple fact of the matter is, there is no real bottom: The only bottom is when the movers decide otherwise. It could be 100, 50, or 1 or 10 cents. There is nothing real holding up the prices and market isn't moving anywhere but down, it's only a matter of time. |
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Coinbase exchange got off to a rocky start, and now there's news about how they "embellished" their credentials and licensing, with state government essentially saying it is unlicensed.
This is directly contradicting coinbase claim that they are fully licensed in california and other places. Coinbase has some explaining to do, because at this point it seems they bold face lied to their customers.
Single reminder! Since you just triple remindered my thread... As long as you are having fun that is all that matters  <3 Troll your heart out, I've had fun as well too! Keep trying to convince yourself LOL Weak, so weak  Here's one for this page: BWAHAHAHAHAHA Fool and their money are easily parted. Top grade A evidence right here LOL Stop spamming up the thread with the same shit over and over you fuck face troll.  Is that you getting btch slapped by others around this forum again and again and again? Another for triple reminder  This is what happened when OP was questioned about whether he had a legitimate case, and if he can put money where his mouth is for all the sht talking he does A little context: That photo was posted after a longer silence when the posters were riding his ass and telling him how pathetic it all sounds and basically he was full of sht  I hope charlie lee is reading this thread and the other one and sharing with his co workers BWAHAHAHAHAHAHA |
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BWAHAHAHAHAHA Fool and their money are easily parted. Top grade A evidence right here LOL Stop spamming up the thread with the same shit over and over you fuck face troll. Is that you getting btch slapped by others around this forum again and again and again? Another for triple reminder |
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Can this get any better? I can't make this up LOL Troll gets troll answer.  You obviously don't get the troll poke at your retarded thought process. Sticks and stones may break my bones, but shill internet trolls can never hurt me  BWAHAHAHAHAHA Fool and their money are easily parted. Top grade A evidence right here LOL |
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Then, don't even have the balls to handle a confrontation unless a lawyer is present ooooo shill shill shill.... Enjoy it dude. I'm obviously pissed and I feel right to be a bit upset. I know I'm not the only one. You tell me to put my money where my mouth is, so there is a part of my retainer fee if needed. You tell me I better hid my hand so no one knows who I am, so I tell you who I am. I don't need a lawyer if they want to cut the check. Anything I pay to a lawyer will really just be Coinbase paying them, so it's up to them at this point. They have been emailed and have obviously been reading posts ect. They know where to find me. HAHAHAHAHA I don't have enough words to say how fking pathetic this is. You gambled and lost. Charlie lee was obviously having a grand time reading your whining You are delusional if someone pointing out the obvious fact that you are just btching and moaning with nothing to back it up is a "shill". Obviously you don't have what it takes to initiate any kind of confrontation you are saying on these forums. Put up or shut up eh? You can't even write coherent sentences anymore LOL |
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This is Charlie Lee at Coinbase. I can confirm that we are indeed in the SF financial district. The HQ pictures are not staged. lol
The reason why we don't publicize our actual address is for the exact reason mentioned in this thread. Like someone said, banks and jewelry shops have been robbed for a lot less money. We have implemented security measures (cold storage, key splitting, ninja guards, etc.) to prevent rogue employees and armed gunmen from stealing the bitcoin we have stored for our users, but people don't know that. After hearing stories of how BitStamp lost 19,000 BTC, a crazy guy might just think it's worth the risk to come rob our office. And if they manage to get through our security to get to our office and find out that we aren't able to access the bitcoin, they are not going to be very happy. You can all imagine that this is NOT a situation we want to ever see ourselves in.
We'd rather be safe than sorry!
And to answer some of your questions.
A) We never claimed to be licensed in CA. The press did. I guess they just assumed we were. They also incorrectly claimed that we supported 25 states, when in fact we only supported 23 states + Puerto Rico at launch. We just started supporting Nebraska today.
B) The coinbase.com/lunar site was just a fun way to tease people on the internet and to create some buzz.
C) We've had USD wallets on Coinbase for 1.5 months now. You could have easily gotten money on our system and bought coins before we released the exchange. And if you had money in your USD wallet at launch, you would have been able to use our exchange immediately.
D) Our VC money is not meant to be used to speculate on Bitcoin price nor is it sane for us to support the Bitcoin price. We do not control the price. The market does.
E) It's not a fake address. We receive mail at that address.
Hilarious. I guess all the banks and jewelry stores in the world should go into hiding. We better throw in the liquor stores and even 7-11s too, I heard they get robbed as well. yea jp morgan boa and goldman sachs should all go into hiding too. Wall st business have more of a reason to hide than some rinky dink exchange trying to enter the big boy pool. May I present the OP's response to some basic needling for all his hysterical (and hillarious) btching about this whole issue: Can this get any better? I can't make this up LOL |
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... All the btching and moaning, and nothing real, no confrontation. I'm a business man. Don't be a 15 year old. Grown ups handle disputes in courts... not in the streets. The Winklevoss twins probably could kick the shit out of Mark Z, but that wouldn't get them $63 million Apparently a grown man such as yourself btch like a 15 year old online, with the same sht talking attitude Then, don't even have the balls to handle a confrontation unless a lawyer is present Flash that cash again. Let me quote it again for the benefit of the public: HAHAHAHAHA this is pure gold Somebody tell me what this looks like. A ten year old these days are not this easy LOL |
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Good good, now let's see you do something real to back up all that sht talk Go up to coinbase address and record your confrontation. You are to do so after all that btching and moaning you started Address they give isn't theirs. Was there Monday and recorded. https://bitcointalk.org/index.php?topic=938514.0All we have are pictures, boy We say again, record yourself when you track them down and let's see how you and the coinbase folks see this go down Charlie lee isn't exactly anonymous and neither are the coinbase owners. You need to stop trying to cop out and show people something real to back up all that sht talk LOL Let's wait and see if you have the balls to do something other than "politely ask" anything when you are btching and moaning here as if you want to start something serious. All the btching and moaning, and nothing real, no confrontation. |
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I have yet to find where Coinbase claimed to have been licensed in CA and NY. They do make a very bold claim that they are the first regulated US exchange: http://blog.coinbase.com/post/109202118547/coinbase-launches-first-regulated-bitcoin-exchangeThat's arguably wrong because there are other regulated US exchanges like CoinX and CoinSetter. But really, no one has a clear definition of what "regulated" means. It seems to me that Coinbase told the press that they are launching a "regulated" exchange and that they support 24 states. And the press clearly jumped to the conclusion that Coinbase has licenses in all of these 24 states. And Coinbase didn't bother to correct them and that led to the statements from CA and NY, which were pretty embarrassing for Coinbase. To go from this to having Coinbase be responsible for someone's speculative loss on BTC requires quite a bit of stretching the laws of consumer protection. If it were Coinbase stock, you might have a case. Even then, the price movements just don't match up. LOLOL this is gold Yes you are certainly from california Let's hope that cash helps you with your impotence since you are clearly so easy to fk over Now we want to see you flash that cash in charlie lee and coinbase people's face and post that photo. Seeing as you don't even have the balls to show your hand on that e-penis buttressing photo, we understand you don't have the balls to do anything other than flash some cash in front of your monitor (be careful not to show your hand, don't want other people to have any hints about who you are!). LOL this is some major limp dick behavior. My name is Steven Steiner. This is a known thing.... Good good, now let's see you do something real to back up all that sht talk Go up to coinbase address and record your confrontation. You are to do so after all that btching and moaning you started Or just sit in front of your monitor and flash cash again LOL Ha ha ha ha ha. This is gold. Haven't really read the thread but the photo is priceless. All bow before BayAreaCoins and his public display of some money! This fker is having a serious case of limp dick impotence see how easily he gets fk'd haha |
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Let's see you put money where your mouth is - but you don't have the balls for that I wouldn't bet against my money, mouth or balls...  LOLOL this is gold Yes you are certainly from california Let's hope that cash helps you with your impotence since you are clearly so easy to fk over Now we want to see you flash that cash in charlie lee and coinbase people's face and post that photo. Seeing as you don't even have the balls to show your hand on that e-penis buttressing photo, we understand you don't have the balls to do anything other than flash some cash in front of your monitor (be careful not to show your hand, don't want other people to have any hints about who you are!). LOL this is some major limp dick behavior. |
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Okay. Now I'm confused. And who is the bad guy. Are you telling me that the price was manipulated at some stage?
Basically, coinbase was being "cleverly" vague about their statements and possibly fraudulent. They claimed to have been licensed in california and other states in US when they clearly were not. However, a bunch of idiots like bayareacoin tried to speculate on the coinbase news by buying in at the beginning, and are now btching at charlie lee and coinbase for "lying" when in fact, they were gambling on purely speculative grounds of their own accord. So in short, we have a possibly fraudulent/embellished message sending company under threat of lawsuit and investigation by lawyers, and a bunch of speculative fools trying to moan about how they lost money on "fraud", not their own poor gambling wits. Sht pile all around But to answer the critical question, yes coinbase seems to have placed a rather misleading statement (if not an outright lie) about being licensed in CA and NY, and is under serious threat of legal investigation. They have been noted in the past for some shady "high risk" stoppage of trade orders among other strange irregularities in their businesses. |
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Of course, if anyone else made that thread, he would not have bothered to say anything Typical california dipsht with more money then wits. Take that 220k loss as a good lesson and move on. More money than wits... that's hilarious. About all I have is wits good sir/ma'am(s). I'm happy to stand in front of a judge, community or anyone else for stuff that I think is right... what will you do? Fuck off shill You seem to have a lot of feelings mixed up in this With all that sht talking and a thread going, you are in a place where you need to do something real if you want people to think it's not just you running your mouth Let's see you put money where your mouth is - but you don't have the balls for that |
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Of course, if anyone else made that thread, he would not have bothered to say anything Must be some entitled spoiled attitude to think that was directed specifically at you, not the news LOL Typical california dipsht with more money then wits. Take that 220k loss as a good lesson and move on. |
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coinbase was smart enough not to say anything until the prices calmed down.
Man... how smart of them Mmmmmm I love the taste of Shills in the morning! Stupid as stupid does. Fool and his money are quickly parted "Shills" how pathetic to think you are important enough for coinbase to bother you with them LOL So, coinbase wasn't really a legitimate exchanger? Is the news just and FUD? sorry im confused
They released something with news, it was either overstated/outright lied/fraudulent statement, and a bunch of idiots like bayareacoin lost their money trying to speculate on the news. It is likely that coinbase did embellish their statement rather badly, but I doubt any of these speculators have any say in whether they are culpable for anything. Of course, they are always welcome to throw money at the lawyers to get back at coinbase for the incompetent business practices. Either way, we win |
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Look, I lost a lot of money too....
You aren't fooling anyone Well you certainly helped the right traders make more money You lost the right to complain the moment you bought in based on a speculative news, and coinbase was smart enough not to say anything until the prices calmed down. Sue coinbase with those lawyers. Or just sit here and bitch because you know you fk'd up trying take advantage of the wave where you certainly would have made money off of late comers. Take your pick |
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It's going down further. Right now it's just a dead cat bounce.
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Stage 13?? We could be at 9 or 10 as well! We are going down. Step 9 or 10 is about where we are. However I doubt even the next crash is the bottom. |
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at 75mill the price hop should have been bigger
This is Charlie Lee at Coinbase. I can confirm that we are indeed in the SF financial district. The HQ pictures are not staged. lol
The reason why we don't publicize our actual address is for the exact reason mentioned in this thread. Like someone said, banks and jewelry shops have been robbed for a lot less money. We have implemented security measures (cold storage, key splitting, ninja guards, etc.) to prevent rogue employees and armed gunmen from stealing the bitcoin we have stored for our users, but people don't know that. After hearing stories of how BitStamp lost 19,000 BTC, a crazy guy might just think it's worth the risk to come rob our office. And if they manage to get through our security to get to our office and find out that we aren't able to access the bitcoin, they are not going to be very happy. You can all imagine that this is NOT a situation we want to ever see ourselves in.
We'd rather be safe than sorry!
And to answer some of your questions.
A) We never claimed to be licensed in CA. The press did. I guess they just assumed we were. They also incorrectly claimed that we supported 25 states, when in fact we only supported 23 states + Puerto Rico at launch. We just started supporting Nebraska today.
B) The coinbase.com/lunar site was just a fun way to tease people on the internet and to create some buzz.
C) We've had USD wallets on Coinbase for 1.5 months now. You could have easily gotten money on our system and bought coins before we released the exchange. And if you had money in your USD wallet at launch, you would have been able to use our exchange immediately.
D) Our VC money is not meant to be used to speculate on Bitcoin price nor is it sane for us to support the Bitcoin price. We do not control the price. The market does.
E) It's not a fake address. We receive mail at that address.
https://www.youtube.com/watch?v=BROWqjuTM0g75 million was not poured into bitcoin itself. Even if it was, it would be nothing more then drop in the bucket. Going down. |
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Coinbase had a history of shady dealings with their orders, buy and sell that gets mysteriously held up during price fluctuations. Authorities are aware of the irregularities.
This latest news isn't a surprise at all. Seems like it would tank the btc soon when many more learn about this.
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