How reliable is Coinb.in ?

[BitCoinDream]

As I can see, many people are talking about this service and I get some requests to escrow with
https://coinb.in/#newMultiSig. I would like to know from bitcoin experts that how reliable is https://coinb.in ?

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[rammy2k2]

i personally never heard of them 

[amacar2]

Really? A lot of people? Well it's not that famous around here and I havent heard of it yet. Just saw the site because of your thread so I don't think anyone can answer your question around here.

[Quickseller]

As I can see, many people are talking about this service and I get some requests to escrow with
https://coinb.in/#newMultiSig. I would like to know from bitcoin experts that how reliable is https://coinb.in ?

I would not use them for escrow personally. An escrow should be personally aware of the terms and conditions of a trade prior to any funds being sent to the escrow address and prior to any fiat/goods/services being sent to ensure that all parties are on the same page.

As far as using coinb.in as escrow and having an escrow have one of the 3 private keys needed to send a tx for a 2/3 escrow multi-sig address (eg using their website to generate a multisig address only) then you should be able to pretty easily verify that the correct address was generated prior to sending any BTC to the escrow address that coinb.in shows.

[OutCast3k]

For those that haven't heard of us, we have a thread here; https://bitcointalk.org/index.php?topic=390046

I developed the service (see my feedback and trust rating if you want a bit of reassurance). The site is open source, free to use, edit, redistribute and host yourself.

Any questions, drop me a message directly or on the thread.

Good luck

[Corealz]

I have not used them or heard of them. I honestly would not trust it enough to put any money into it.

[OutCast3k]

I have not used them or heard of them. I honestly would not trust it enough to put any money into it.

Did you read the thread I linked to, in the post above yours before posting? (https://bitcointalk.org/index.php?topic=390046) Coinb.in is probably older than most wallets around here, it's never been "hacked", and can even be downloaded and run offline locally. It was possibly the first wallet to offer a true browser based multisig solution that is compatible with other clients and services.

[rammy2k2]

better use a reputable member from this forum for escrow

[OutCast3k]

better use a reputable member from this forum for escrow

I developed coinb.in, check out all the successful group buys I have run on this forum and see my trust rating.

Reputable enough?

Thanks.

[Quickseller]

better use a reputable member from this forum for escrow

I developed coinb.in, check out all the successful group buys I have run on this forum and see my trust rating.

Reputable enough?

Thanks.

The problem is that your service is designed so that you do not even know the terms of the trade until a dispute arises. This will result in possibly two different sets of terms being presented to you and you having no way to know which terms were actually agreed to, making it nearly impossible to mediate any dispute.

[OutCast3k]

better use a reputable member from this forum for escrow

I developed coinb.in, check out all the successful group buys I have run on this forum and see my trust rating.

Reputable enough?

Thanks.

The problem is that your service is designed so that you do not even know the terms of the trade until a dispute arises. This will result in possibly two different sets of terms being presented to you and you having no way to know which terms were actually agreed to, making it nearly impossible to mediate any dispute.

I understand the point you have raised and will have a solution in place for this particular issue shortly, although so far users have generally contacted me before hand if they've had a concern.

[BitCoinDream]

For those that haven't heard of us, we have a thread here; https://bitcointalk.org/index.php?topic=390046

I developed the service (see my feedback and trust rating if you want a bit of reassurance). The site is open source, free to use, edit, redistribute and host yourself.

Any questions, drop me a message directly or on the thread.

Good luck

I recently used this product. It worked well. I have two suggestions...

1. You may include a CSV upload function in https://coinb.in/#newTransaction from where list of output addresses and corresponding amounts can be selected.

2. Under https://coinb.in/#settings you may include more networks, e.g. blockcypher.com, blocktrail.com, blockchain.info, chain.com etc.

[Davesnothere420]

I recieved a refund today and it was suppose to go to my coinb.in wallet.. there have been 35 "confirmations" and yet i have not recieved it! I will keep you posted if i recieve my money. Right now im very dissapointed... says it was refunded yet i recieve no refund. I would stay away from coinb.in

[thebatletbet]

iam fist hear about coinb.in
in online wallet iam use blockchain, is another blokchain
iam only use online wallet in reomended bitcoin.org

[mobnepal]

I recieved a refund today and it was suppose to go to my coinb.in wallet.. there have been 35 "confirmations" and yet i have not recieved it! I will keep you posted if i recieve my money. Right now im very dissapointed... says it was refunded yet i recieve no refund. I would stay away from coinb.in

From where you are getting those refund? and if you have given them bitcoin address you got from coinb.in than you can get private key for that bitcoin address from coinb.in and import it into blockchain.info wallet. And if you have received any bitcoin to that address you can see it in your blockchain.info wallet, you don't have to wait till conb.in detect it.

I have heard about coinb.in but i haven't used it as online wallet.

[hroub]

As I can see, many people are talking about this service and I get some requests to escrow with
https://coinb.in/#newMultiSig. I would like to know from bitcoin experts that how reliable is https://coinb.in ?

I just got 0.048049 BTC stolen because I entered my private keys online trying to sign transactions to spend 0.1999 BTC I had stuck in a multi-sig address. I managed to receive only

0.131 and 0.008 from https://blockchain.info/tx/bcbd90c0a4d198206865b8cccb227d6166d9b78b3c45d4ee66f8d83c6b69422f

and then from the 0.06 (that wasn't created by me) I received 0.011951 from https://blockchain.info/tx/fea862bdc6e827a0b25ad2d53a64cc3b5d408e27011a01adfbef165b643e8219

The remaining 0.0480377 BTC was sent to https://blockchain.info/address/1KT7sG84birTF2YvW5yP7G4NPeMs7Fcdbh and is lost/stolen

Also, they stole ALL of my 0.1999 BCH that was in https://blockdozer.com/address/33RZTwkqqixKySFim1oSXVcFFBAPUiBwLG

I am trying to find out how this happened since I never shared my private keys with anyone other than Coinb.in

I should have downloaded the offline version and used it only offline or avoided it all together. I didn't think of going offline because it was recommended by 2 savvy users and one of them was chatting with me online guiding me through the process...