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Author Topic: Myself and two friends seemingly being ripped off by Coinbase  (Read 680 times)
mrjarrod (OP)
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November 13, 2013, 10:27:23 AM
 #1

I made ten successful 10BTC+ transactions with Coinbase over the past couple months. I am verified in every way possible. All of the sudden when I have a transaction where bitcoin inflates greatly, it is called "high risk" and the transaction is cancelled four days after the original purchase. I read on the internet of this happening over and over recently, and sure enough it just happened as well to the two friends I have with coinbase accounts. I attempted to contact them on the 8th and again today with no reply. I am out over $4800 from this one transaction. Ugh this is so frustrating and it is hard to give them the benefit of the doubt here.
MAbtc
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November 13, 2013, 10:38:51 AM
 #2

Yep, time and time again. This is why I don't recommend Coinbase to anyone. I also don't recommend storing coins there, since you don't control your private keys.
Wipeout2097
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November 13, 2013, 11:04:18 AM
 #3

As I said elsewhere, people need to start involving the police/law on these matters

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mrjarrod (OP)
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November 13, 2013, 01:57:23 PM
 #4

I am not behind a VPN or proxy, I could see how that would be very suspicious. I am working on getting my funds out as I am getting scared.
Sindelar1938
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November 13, 2013, 02:20:09 PM
 #5

Sadly, I am not surprised

Avoid like the plague

mrjarrod (OP)
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November 15, 2013, 01:23:00 AM
 #6

Still I have yet to hear anything, nor have any of my friends heard anything. I'm surprised the site is still up despite all that is going on.
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November 15, 2013, 02:24:59 AM
 #7

seems like the exchange game is hard. No one can do it right.

Saying that I have been using coinjar.io and having no problems.
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