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Author Topic: SCAM - Coinabul owe me 90btc  (Read 18235 times)
bravenec
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March 12, 2013, 07:42:36 PM
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I wanted to buy gold Krugerrand from Coinabul. It is more than a month ago I have sent them 90 BTC and now I have not my gold nor my bitcoins. I have only email box full of excuses. I'm from central Europe and I think that Coinabul rely on the fact that it is hard to defend against the fraud outside from US.

This is my email conversation with Coinabul:
http://bravenec.eu/coinabul
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speeder
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March 12, 2013, 07:45:52 PM
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That is starting to look bad for Coinabul

someguy52
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March 12, 2013, 08:44:52 PM
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Damn, that sucks Undecided but thanks for warning everyone else at least
bravenec
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March 12, 2013, 08:52:02 PM
 #4

I'm newbie in this forum. I want to send this post to

Bitcoin Forum > Economy > Trading Discussion > Scam Accusations

later in hope that it will be more visible there. I have to wait :-)
Raoul Duke
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March 12, 2013, 08:55:48 PM
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I'm newbie in this forum. I want to send this post to

Bitcoin Forum > Economy > Trading Discussion > Scam Accusations

later in hope that it will be more visible there. I have to wait :-)

I will move it right now.

Herodes
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March 12, 2013, 09:02:17 PM
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Coinabul should really sort this situation out. If not, they're not a serious business.
bravenec
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March 12, 2013, 09:05:09 PM
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I'm newbie in this forum. I want to send this post to

Bitcoin Forum > Economy > Trading Discussion > Scam Accusations

later in hope that it will be more visible there. I have to wait :-)

I will move it right now.

Thank you :-)
davidspitzer
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March 12, 2013, 09:13:06 PM
 #8

This does not bode well for Coinabul. Its too bad they let things go like this. I have had a few discussions with them via email regarding the very high premium they place on their metals and that is the main reason I stopped buying from them (along with extremely long ship times). I would actually be willing to pay more for for fast ship times and stellar customer service both of which was not my experience with my purchases. I am sure someone will pick up the mantle from Coinabul. The nice thing about a free market is that its quick to fill the holes left by poor merchants.

Im sorry to hear that people have lost money though
HighInBC
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March 12, 2013, 09:30:43 PM
 #9

Perhaps I should start trading gold here, I have had no problem with 5+ years of shipping gold via ebay.
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March 12, 2013, 09:32:20 PM
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Perhaps I should start trading gold here, I have had no problem with 5+ years of shipping gold via ebay.

don't, it really is a hassle ^__^
also, there's too many of us around already.

 Tongue
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March 13, 2013, 03:08:06 AM
 #11

I'm newbie in this forum. I want to send this post to

Bitcoin Forum > Economy > Trading Discussion > Scam Accusations

later in hope that it will be more visible there. I have to wait :-)

I will move it right now.

Psy, I realize this is a point of minor contention, but, what are the chances that the subject would be worded exactly the same -- same use of a dash, same grammatical error, etc. by two entirely different people?
Raoul Duke
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March 13, 2013, 03:23:02 AM
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I'm newbie in this forum. I want to send this post to

Bitcoin Forum > Economy > Trading Discussion > Scam Accusations

later in hope that it will be more visible there. I have to wait :-)

I will move it right now.

Psy, I realize this is a point of minor contention, but, what are the chances that the subject would be worded exactly the same -- same use of a dash, same grammatical error, etc. by two entirely different people?

No idea about the chances of that happening as I'm not very good at math when it doesn't involve money.
But this thread didn't belong in the Newbies forum.
Well, he might have copied the title from the other thread.
Have you seen bravenecs' registration date?

Phinnaeus Gage
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March 13, 2013, 03:26:12 AM
 #13

Interesting!

Quote
From: Petr Bravenec <petr@bravenec.eu>
To: Coinabul Support <contact@coinabul.com>
Date: Mon, 11 Mar 2013 19:21 +0100

Sorry,
I hate this:

------- here is link to still unpublished article on abclinuxu.cz ------

This is an article in famous czech magazine about Linux operating system. I
write for them articles about accounting, money, computers etc. Bitcoins is a
popular theme here, too. I'm sure that the article will read more the thousand
people. I believe that many of them will recommend me better places where to
publish my warn against you than local czech magazine.

Publication is scheduled to Mar 13 18:00 MET.

Petr Bravenec

IAO Launchpad Coming Soon
bobbit
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March 13, 2013, 03:32:46 AM
 #14

Well, there is a chance yet...they offered to send it to another country for you. Is it possible there is someone you could trust outside of the Czech Republic that would they could send it to? Then it could be sent on by them to you. Trust is hard when it comes to gold, but there are still honest people around.
John (John K.)
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March 13, 2013, 03:35:58 AM
 #15

If I'm reading this correctly, Coinabul offered to reimburse the USD value of the coin to you, right? Isn't it a common practice to issue refunds denominated in USD when the original purchase was done in USD?

My BTC Tip Jar: 1Pgvfy19uwtYe5o9dg3zZsAjgCPt3XZqz9 , GPG ID: B3AAEEB0 ,OTC ID: johnthedong
Escrow service is available on a case by case basis! (PM Me to verify I'm the escrow!)

John (John K.)
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March 13, 2013, 03:41:12 AM
 #16

If I'm reading this correctly, Coinabul offered to reimburse the USD value of the coin to you, right? Isn't it a common practice to issue refunds denominated in BTC when the original purchase was done in BTC?

Not really.
Oops, edited. Was denominated in USD LOL

My BTC Tip Jar: 1Pgvfy19uwtYe5o9dg3zZsAjgCPt3XZqz9 , GPG ID: B3AAEEB0 ,OTC ID: johnthedong
Escrow service is available on a case by case basis! (PM Me to verify I'm the escrow!)

malevolent
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March 13, 2013, 03:42:16 AM
 #17

If I'm reading this correctly, Coinabul offered to reimburse the USD value of the coin to you, right? Isn't it a common practice to issue refunds denominated in BTC when the original purchase was done in BTC?

Depends on the prior agreement, and if there is none I think it's obvious that it should be repaid in the same way. Loans in the lending section are also given in BTC and repaid in BTC.


John (John K.)
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March 13, 2013, 03:45:03 AM
 #18

If I'm reading this correctly, Coinabul offered to reimburse the USD value of the coin to you, right? Isn't it a common practice to issue refunds denominated in BTC when the original purchase was done in BTC?

Depends on the prior agreement, and if there is none I think it's obvious that it should be repaid in the same way. Loans in the lending section are also given in BTC and repaid in BTC.


It'll be quite troublesome in this case as if BTC depreciated in this timespan, or gold increased in value in this timespan, coinabul would have another problem in their hands. I guess the easiest way out here is just to have Coinabul send him the coin directly.

My BTC Tip Jar: 1Pgvfy19uwtYe5o9dg3zZsAjgCPt3XZqz9 , GPG ID: B3AAEEB0 ,OTC ID: johnthedong
Escrow service is available on a case by case basis! (PM Me to verify I'm the escrow!)

malevolent
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March 13, 2013, 03:50:03 AM
 #19

If I'm reading this correctly, Coinabul offered to reimburse the USD value of the coin to you, right? Isn't it a common practice to issue refunds denominated in BTC when the original purchase was done in BTC?

Depends on the prior agreement, and if there is none I think it's obvious that it should be repaid in the same way. Loans in the lending section are also given in BTC and repaid in BTC.


It'll be quite troublesome in this case as if BTC depreciated in this timespan, or gold increased in value in this timespan, coinabul would have another problem in their hands. I guess the easiest way out here is just to have Coinabul send him the coin directly.

Too bad, looks like a deliberate fuckup from Coinabul in this case, if BTC gained in value so much the better so they can remember to treat their customers properly.

vampire
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March 13, 2013, 04:37:55 AM
 #20

Well one thing Coinabul can settle in USD, it's somewhat a law around here. Of course figuring out the amount is hard, if they tied to USD upon purchase then that amount.


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