Bitcoin Forum
May 21, 2024, 10:39:52 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: Circle and coinbase shuts down if coins are sent to LBC?  (Read 1833 times)
GregH37
Legendary
*
Offline Offline

Activity: 1302
Merit: 1037



View Profile
April 12, 2015, 09:12:20 AM
 #21

By the Way What Is LBC, I listened Some where that they Banned If if you use your account in gambling site. if you sent many transaction to the Gambling Site.
coinpr0n
Hero Member
*****
Offline Offline

Activity: 910
Merit: 1000



View Profile
April 12, 2015, 10:21:28 AM
 #22

It's sad because Coinbase has a lot going for it, but actively analyzing the blockchain and arbitrarily deciding on which TXs are illegal in their book is sort of reason enough for me to boycott using them.

chmod755
Legendary
*
Offline Offline

Activity: 1414
Merit: 1020



View Profile WWW
April 12, 2015, 10:39:21 AM
 #23

It's their right to monitor your transactions and to close your account for any reason.


twister
Hero Member
*****
Offline Offline

Activity: 672
Merit: 501



View Profile WWW
April 12, 2015, 10:54:43 AM
 #24

By the Way What Is LBC, I listened Some where that they Banned If if you use your account in gambling site. if you sent many transaction to the Gambling Site.

LBC is LocalBitcoins.com and I know Coinbase shuts down your account if you send or receive money in your Coinbase wallet from any Gambling site, don't know about Circle though.

They can't if you mix your coins properly.

Yeah, I don't have a Coinbase but people who do can use Bitmixer.io and they won't be able to track it down.

 

██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
 
Get Free Bitcoin Now!
  ¦¯¦¦¯¦    ¦¯¦¦¯¦    ¦¯¦¦¯¦    ¦¯¦¦¯¦   
0.8%-1% House Edge
[/
Tabata11 (OP)
Sr. Member
****
Offline Offline

Activity: 290
Merit: 250


View Profile
April 12, 2015, 02:17:46 PM
 #25

anyway to go around this? I purchase a lot of bitcoins through them and I don't want to stack up on mixing fees...

I wonder if I put them onto my personal blockchain wallet and send to LBC from there, would that be fine?

coinbase>personal wallet>LBC ?
or
coinbase>mixing service>LBC?

I want to avoid paying the fee because I heard it was like 3%-5%?
twister
Hero Member
*****
Offline Offline

Activity: 672
Merit: 501



View Profile WWW
April 12, 2015, 03:20:33 PM
Last edit: April 13, 2015, 07:38:43 AM by twister
 #26

anyway to go around this? I purchase a lot of bitcoins through them and I don't want to stack up on mixing fees...

I wonder if I put them onto my personal blockchain wallet and send to LBC from there, would that be fine?

coinbase>personal wallet>LBC ?
or
coinbase>mixing service>LBC?

I want to avoid paying the fee because I heard it was like 3%-5%?

Don't know how they link addresses to a person, if you send from coinbase to your personal but not used before wallet, how will they know that it's your own address or someone else's?

In-fact how do they know what addresses are used by LBC? When anytime you deposit to LBC, you're given a new address.


 

██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
█████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
██████████████████████████████████████████████████████████████
 
Get Free Bitcoin Now!
  ¦¯¦¦¯¦    ¦¯¦¦¯¦    ¦¯¦¦¯¦    ¦¯¦¦¯¦   
0.8%-1% House Edge
[/
ajw7989
Legendary
*
Offline Offline

Activity: 924
Merit: 1000


View Profile
April 12, 2015, 06:50:07 PM
 #27

I've sold hundred of dollars on lbc with coin bought directly from coinbase. I think it depends on the customer trend. I have been with them for almost 3 years now so they don't bother me for anything. I also fund my poker gambling or sports with bitcoin from coinbase. No problems at all.
Come-from-Beyond
Legendary
*
Offline Offline

Activity: 2142
Merit: 1009

Newbie


View Profile
April 12, 2015, 06:56:09 PM
 #28

You guys use Coinbase? Looks like MtGox wasn't enough...
coinpr0n
Hero Member
*****
Offline Offline

Activity: 910
Merit: 1000



View Profile
April 12, 2015, 07:22:02 PM
 #29

You guys use Coinbase? Looks like MtGox wasn't enough...

I can see the attractiveness of them, after all they are "insured". But yeah I personally don't trust them with my bitcoins either.

Tabata11 (OP)
Sr. Member
****
Offline Offline

Activity: 290
Merit: 250


View Profile
April 13, 2015, 01:11:27 AM
 #30

You guys use Coinbase? Looks like MtGox wasn't enough...
well...how else do I purchase coins instantly at or near market price?
sandy47bt
Sr. Member
****
Offline Offline

Activity: 308
Merit: 251


View Profile
April 13, 2015, 05:03:18 AM
 #31

Aren't they only shutdown if coins are sent to gambling site ?
If they shutdown because the coins are sent to LBC, it means they force the customer to buy/sell bitcoin from them Angry

Just forgot about Circle & Coinbase, you better use other online wallet service Roll Eyes
Come-from-Beyond
Legendary
*
Offline Offline

Activity: 2142
Merit: 1009

Newbie


View Profile
April 13, 2015, 07:51:28 AM
 #32

well...how else do I purchase coins instantly at or near market price?

LocalBitcoins don't work in your area?
Tabata11 (OP)
Sr. Member
****
Offline Offline

Activity: 290
Merit: 250


View Profile
April 13, 2015, 10:50:36 AM
 #33

well...how else do I purchase coins instantly at or near market price?

LocalBitcoins don't work in your area?
Show me where I can buy without the markups
Come-from-Beyond
Legendary
*
Offline Offline

Activity: 2142
Merit: 1009

Newbie


View Profile
April 13, 2015, 01:19:29 PM
 #34

Show me where I can buy without the markups

Not on Coinbase. If you pay and price goes down by the time when you get the coins - you lose money. If you pay and price goes up by the time when you get the coins - Coinbase cancels your transaction and returns dollars.
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!