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Author Topic: Warning - Do not use Coinbase!  (Read 6603 times)
davincisolari
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March 25, 2013, 06:59:32 AM
 #21

Problem solved. I have however lost a little faith in Coinbase.
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Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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talnted
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March 25, 2013, 02:31:47 PM
 #22

I purchased 10 BTC from them and requested a transfer on friday.  The transfer not only never happened, but my purchase no longer shows up in the recent transactions.  There is no history that it ever took place, however the purchase was already drawn and cleared from my account.

The have not responded to any of my emails...

I will never use them again, and I hope they get this resolved promptly.

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talnted
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March 25, 2013, 05:46:56 PM
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Still have not heard a single word from coinbase since friday and my bitcoin purchase is gone from the transactions list.  Luckly I have a code in my bank statement, if not for that I would be screwed

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rudeguy
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March 25, 2013, 07:31:16 PM
 #24

I purchased 10 BTC from them and requested a transfer on friday.  The transfer not only never happened, but my purchase no longer shows up in the recent transactions.  There is no history that it ever took place, however the purchase was already drawn and cleared from my account.

The have not responded to any of my emails...

I will never use them again, and I hope they get this resolved promptly.

That sucks. I'm in the same boat. I made two orders about 10 days ago when the price was good. Come this past weekend, only one went through and the other disappeared like yours did.

If you click "Buy/Sell Bitcoins" and then "Transfer History", do you see the purchase record? My missing transaction is there, so hopefully it is for you too. I've emailed them and expect they will come through. If not, then it's a lesson learned for me.
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March 25, 2013, 07:55:33 PM
 #25

I purchased 10 BTC from them and requested a transfer on friday.  The transfer not only never happened, but my purchase no longer shows up in the recent transactions.  There is no history that it ever took place, however the purchase was already drawn and cleared from my account.

The have not responded to any of my emails...

I will never use them again, and I hope they get this resolved promptly.

That sucks. I'm in the same boat. I made two orders about 10 days ago when the price was good. Come this past weekend, only one went through and the other disappeared like yours did.

If you click "Buy/Sell Bitcoins" and then "Transfer History", do you see the purchase record? My missing transaction is there, so hopefully it is for you too. I've emailed them and expect they will come through. If not, then it's a lesson learned for me.

You are right, when I look at "Transfer History" I did indeed see the purchase recorded.  My account balance however is 0 btc, and there is no record of this in the transactions history.  I hope they fix this problem and don't take forever to do so.

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Over 800+ BTC Paid Out!  1110+ Buyers of the Gem!
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March 26, 2013, 02:36:51 AM
 #26

Well, they now at least they put a notice about delays. It seems that it is not a security issue, so now my faith is restored in coinbase. I can deal with delays as long as the wallets are under control.

Any significantly advanced cryptocurrency is indistinguishable from Ponzi Tulips.
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