Coinbase in Trouble, what about Shift?

[RawDog]

If Coinbase is in trouble, what about Shift?  Will they die too?  Does Shift have relationships with other exchanges or are they 'all in' with Coinbase?  I am going out tonight to have a nice steak dinner on my Shift card that might not work tomorrow.

[Cyaren]

If Coinbase is in trouble, what about Shift?  Will they die too?  Does Shift have relationships with other exchanges or are they 'all in' with Coinbase?  I am going out tonight to have a nice steak dinner on my Shift card that might not work tomorrow.

As far as I know, there is no tangible proof that Coinbase is going to scam yet. It could, but any exchange can go scam. At least they are a company that has a good history and hopefully that will continue into the future.

Also, Shift is only a partner of Coinbase's. Just like it's a partner with Visa as well. Being a partner doesn't mean that you put all your bitcoins into their system. Even if they did there must be some sort of insurance. So I'd say not worry about it.

[Bitcoinpro]

does it work now are those funds coming from coinbase acc

[tiggytomb]

What is up with Coinbase I must have missed something? I know they are rebranding to GDAX and will be adding ETH and LTC but I haven't heard anything else.

As Cyaren said any exchange has the potential to scam but Coinbase is so involved with merchants and is a real presence here, it would really surprise me if they did end up scamming.

Although stranger things have happened.

[RawDog]

What is up with Coinbase I must have missed something? I know they are rebranding to GDAX and will be adding ETH and LTC but I haven't heard anything else.

As Cyaren said any exchange has the potential to scam but Coinbase is so involved with merchants and is a real presence here, it would really surprise me if they did end up scamming.

Although stranger things have happened.

Apparently they spent all their money and have none left.  Too much hype in the early days and no profits miles down the road.  adios coinbase.

[pooya87]

What is up with Coinbase I must have missed something? I know they are rebranding to GDAX and will be adding ETH and LTC but I haven't heard anything else.

As Cyaren said any exchange has the potential to scam but Coinbase is so involved with merchants and is a real presence here, it would really surprise me if they did end up scamming.

Although stranger things have happened.

yeah, i don't see any reason for that either, re-branding and adding other high volume altcoins to their service doesn't mean trouble at all it is just they everybody wants in on the trading fee they can earn through these altcoins.

[pawel7777]

Apparently they spent all their money and have none left.  Too much hype in the early days and no profits miles down the road.  adios coinbase.

Source? Google gives me nothing

[quentincole32]

does it work now are those funds coming from coinbase acc

little bit worry about my coinbase account yesterday,i can't move any coins to pay something,and seems they have trouble with bitcoin transactions,or maybe they have maintance time?but now its already work again,i wish coinbase still my favorite and never get any trouble,again.

[pedrog]

Is there any source for this?

[RawDog]

Is there any source for this?

Yeah, its the same source as they had for emp-ty Gox.  By the time it makes it to the big headlines, it is too late.  People 'were talking' about Gox for weeks before the thick people believed it to be true.  Mark Karpeles assured everyone that things were fine and that there was a long road ahead. lol.

[Bitcoinpro]

Is there any source for this?

apart from it being some kind of shadow ponzi company

[Bitcoinpro]

[TastyChillySauce00]

does it work now are those funds coming from coinbase acc

little bit worry about my coinbase account yesterday,i can't move any coins to pay something,and seems they have trouble with bitcoin transactions,or maybe they have maintance time?but now its already work again,i wish coinbase still my favorite and never get any trouble,again.

as i predicted, coinbase is not going to lose his trust which they build it easily just like throwing a trash,but saving your funds in an exchanger is not a good thing i do say,few exchangers which are popular have turned into scam

[gadman2]

As much as these threads are trolls, we should again remind everyone that it's -not- a good idea to store funds on any exchange or online wallet. Seriously, if you have more than 100$ in bitcoin you need a hardware wallet or paper wallet.

[Bitcoinpro]

Who is coinbases S&P A+ rated insurer

[gadman2]

Who is coinbases S&P A+ rated insurer

http://www.coindesk.com/coinbase-names-aon-bitcoin-insurance-broker/

[outatime1]

I had not heard that Coinbase was having problems. I have a little bitcoin on their site, should I be concerned? I also haven't heard about adding etherium and litecoin.  I had heard speculation a couple of years ago about litecoin when it was doing very well, but not lately.  Why would they add litecoin now?

[Bitcoinpro]

Who is coinbases S&P A+ rated insurer

http://www.coindesk.com/coinbase-names-aon-bitcoin-insurance-broker/

Baa2 ----> Moody's

BBB+  -----> Fitch

Can't find S&P

plus Aon has some diff company listing types under that name

this is enough to warrant a clarification from the CEO

has Aon had a ratings downgrade lol

reinsurance can't lift your rating on an insurance contract surely, it

Will take me time to verify this

*****Aon uses underwriters with high credit ratings, Coinbase explained, such as an Standard & Poor's rating of 'A+' or AM Best rating of 'A XV' or higher.******

in my opinion it's lies but that's just my view based on limited information combined with previous experience

we need to see proof of the Anon contract and who the underwriters are

[Bitcoinpro]

I had not heard that Coinbase was having problems. I have a little bitcoin on their site, should I be concerned? I also haven't heard about adding etherium and litecoin.  I had heard speculation a couple of years ago about litecoin when it was doing very well, but not lately.  Why would they add litecoin now?

even rumours can bankrupt a company wat we have is information "slightly"

better than rumours that is starting to show possible inconsistencies

in information we have been provided with from coinbase, now

some big companies have backed coinbase and Aon is the biggest insurance

company I certainly wouldn't panic though reports of late withdrawals

combined with previous twisted information from falling exchanges is

enough to warrant halting deposit's to coinbase atleast

[xuan87]

I had not heard that Coinbase was having problems. I have a little bitcoin on their site, should I be concerned? I also haven't heard about adding etherium and litecoin.  I had heard speculation a couple of years ago about litecoin when it was doing very well, but not lately.  Why would they add litecoin now?

Yeah i just heard that coinbase is going ti add new coin to the wallet, is it true that coinbase in troubles?
I hope its not true like past few years rumour that said coinbase is a scam