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rancidgash
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November 06, 2016, 05:36:13 PM |
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i don't think anyone apart from their competition dislikes coinbase. it actually is a good service and i believe that it and also others like circle are a helpful thing to have especially for newbies who want to start using bitcoin.
the only thing that people say against coinbase and service like that is that you shouldn't use them as your primary bitcoin wallet because first it is online and second it is a third party who controls the private keys.
I agree with everything you wrote. However, I would add that gamblers may have problems with Coinbase. There have been many cases that Coinbase blocked the accounts of people using online casinos. This is mainly due to the local laws for the specific users. In many countries, gambling is illegal, and for people from these countries Coinbase blocked accounts. An additional thing that I learned today is that Coinbase enables the exchange of BTC to PayPal! It seems that finally I found a safe option to exchange to PayPal! |
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crairezx20
Legendary
 Offline
Activity: 1638
Merit: 1046
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November 06, 2016, 05:40:53 PM |
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i don't think anyone apart from their competition dislikes coinbase. it actually is a good service and i believe that it and also others like circle are a helpful thing to have especially for newbies who want to start using bitcoin.
the only thing that people say against coinbase and service like that is that you shouldn't use them as your primary bitcoin wallet because first it is online and second it is a third party who controls the private keys.
I agree with everything you wrote. However, I would add that gamblers may have problems with Coinbase. There have been many cases that Coinbase blocked the accounts of people using online casinos. This is mainly due to the local laws for the specific users. In many countries, gambling is illegal, and for people from these countries Coinbase blocked accounts. An additional thing that I learned today is that Coinbase enables the exchange of BTC to PayPal! It seems that finally I found a safe option to exchange to PayPal! I am one of the victim before in coinbase who are halving problem with coinbase when i was sending win profit in some gambling site.. my transaction there is pending and it took too long to received.. that is why i contact them my account was not block but halving pending in my account that it takes few weeks before their fix it.. |
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rancidgash
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November 06, 2016, 06:15:13 PM |
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i don't think anyone apart from their competition dislikes coinbase. it actually is a good service and i believe that it and also others like circle are a helpful thing to have especially for newbies who want to start using bitcoin.
the only thing that people say against coinbase and service like that is that you shouldn't use them as your primary bitcoin wallet because first it is online and second it is a third party who controls the private keys.
I agree with everything you wrote. However, I would add that gamblers may have problems with Coinbase. There have been many cases that Coinbase blocked the accounts of people using online casinos. This is mainly due to the local laws for the specific users. In many countries, gambling is illegal, and for people from these countries Coinbase blocked accounts. An additional thing that I learned today is that Coinbase enables the exchange of BTC to PayPal! It seems that finally I found a safe option to exchange to PayPal! I am one of the victim before in coinbase who are halving problem with coinbase when i was sending win profit in some gambling site.. my transaction there is pending and it took too long to received.. that is why i contact them my account was not block but halving pending in my account that it takes few weeks before their fix it.. The cases which I have heard related to users who have a verified account in locations where gambling is illegal .. Can I ask if in the place where you have authorized Coinbase account (I mean the address of your bank or your address) gambling is legal? Did you need to do any additional actions to unblock your funds, or Coinbase did it automatically? |
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The_prodigy
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November 08, 2016, 02:59:57 PM |
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I don't have the feeling that people don't like coinbase. But depends on experience they have. Some of them had problems with customer support or bad experience with freezing accounts which could be very annoying.
Freezing accounts is really bad idea for those who don't read the rules and the policy of coinbase sometimes people are too lazy to read the rules and the policy of the website and then if they disaallowed rules ofcourse support will be to do something like that and you are going to complain and then knowing that there are some rules that you violated. |
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JANGKRIK BOSS
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November 09, 2016, 01:59:25 AM |
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I don't have the feeling that people don't like coinbase. But depends on experience they have. Some of them had problems with customer support or bad experience with freezing accounts which could be very annoying.
Freezing accounts is really bad idea for those who don't read the rules and the policy of coinbase sometimes people are too lazy to read the rules and the policy of the website and then if they disaallowed rules ofcourse support will be to do something like that and you are going to complain and then knowing that there are some rules that you violated. Most users just directly use without read the Coinbase rules and the policy. Depends as my experiences use Coinbase wallet more than 2 years and until now there is not get problem. We must wise to use all bicoin wallet and not perfect in the world. |
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Hazir
Legendary
Offline
Activity: 1596
Merit: 1005
★Nitrogensports.eu★
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November 09, 2016, 02:09:22 AM |
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I will show you why people don't like Coinbase - visit this site: http://bittrust.org/coinbaseThere you will find over 100 revues of people who used Coinbase before. Most people gave this service a 1 star review. Go read some problems people had with Coinbase and you will understand. |
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noictib
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November 09, 2016, 02:15:39 AM |
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As you see,I'm just a newcomer on bitcoin as well as user of coinbase but my question why people don't like coinbase too much. Have any reasons?
Mostly as long as I know main problem on closing accounts associated with gambling.Have any other reason?
The main reason to not to use coinbase is its Android app performance . i tried three time this wallet with Android app but it is less responsive ( usually at slow net ) so i think it may be a matter of less use . |
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coynedterm
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November 09, 2016, 02:20:46 AM |
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As you see,I'm just a newcomer on bitcoin as well as user of coinbase but my question why people don't like coinbase too much. Have any reasons?
Mostly as long as I know main problem on closing accounts associated with gambling.Have any other reason?
The main reason to not to use coinbase is its Android app performance . i tried three time this wallet with Android app but it is less responsive ( usually at slow net ) so i think it may be a matter of less use . You sair True its app needs some improvement but i think the main reason to not to use this wallet is its time to time verification . It always distrub tor its security . specially in browser when we clear histry then it needs verification , which is good thing but something is annoying . |
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BitcoinNewsMagazine
Legendary
Offline
Activity: 1806
Merit: 1164
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November 09, 2016, 02:24:31 AM |
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I have never had a problem with Coinbase and think they are a good service. From reports I have read they are pretty quick to close accounts that violate their terms of service, can not hold that against them, they have to keep the regulators happy. More concerning is perhaps they need more customer service staff so people who have a problem are taken care of promptly.
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Bitcoin0916
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November 10, 2016, 11:19:14 AM |
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People like coinbase but only those who do not gamble while those people who gamble do not like and use coinbase because coinbase block all of those accounts with them which they feel that they are used for gambling and before that ban everyone was happy with coinbase and everyone was suggesting that on this forum but now its name reduced much at here.
I think Coinbase is one of best online wallets, I don't know if coinbase will block if used for gambling. After know about it I must be carefully, because more than 3 months I was gambling use coinbase wallet. Thanks for your consideration |
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mrcash02
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November 24, 2016, 12:10:31 AM |
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People like coinbase but only those who do not gamble while those people who gamble do not like and use coinbase because coinbase block all of those accounts with them which they feel that they are used for gambling and before that ban everyone was happy with coinbase and everyone was suggesting that on this forum but now its name reduced much at here.
I think Coinbase is one of best online wallets, I don't know if coinbase will block if used for gambling. After know about it I must be carefully, because more than 3 months I was gambling use coinbase wallet. Thanks for your consideration You can have your coinbase wallet with part of your money and use another wallet to send money to gambling sites. This feature of coinbase isn't good, but they have a positive point: don't take fees. Use Blockchain of any other wallet to send coins to casinos or send the money from coinbase to an exchange address and from the exchange to the casino, I think it's simple to "lure" their fail system... |
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President79
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November 24, 2016, 02:31:34 AM |
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As you see,I'm just a newcomer on bitcoin as well as user of coinbase but my question why people don't like coinbase too much. Have any reasons?
Mostly as long as I know main problem on closing accounts associated with gambling.Have any other reason?
One of the factors people don't like Coinbase because it prohibits use to gamble. In addition Coinbase also requires some verification, so users feel less practical and dislike coinbase. |
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sunsilk
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November 24, 2016, 03:43:21 AM |
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As you see,I'm just a newcomer on bitcoin as well as user of coinbase but my question why people don't like coinbase too much. Have any reasons?
Mostly as long as I know main problem on closing accounts associated with gambling.Have any other reason?
One of the factors people don't like Coinbase because it prohibits use to gamble. In addition Coinbase also requires some verification, so users feel less practical and dislike coinbase. Just a clarification many reputable exchange sites now are doing the same thing as coinbase is implementing now. Even here in my country, there is a local exchanger that requires us to send identification for them to get our accounts verified. And also, they are banning accounts that are accepting bitcoins from gambling but with this, they can't even moderate it. |
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ardentvolcanoes
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November 24, 2016, 06:41:36 AM |
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As you see,I'm just a newcomer on bitcoin as well as user of coinbase but my question why people don't like coinbase too much. Have any reasons?
Mostly as long as I know main problem on closing accounts associated with gambling.Have any other reason?
yeah that might be the main problem why some people don't like coinbase to be their wallet because of restricting people to use their service to be associated with transactions from gambling but despite this problem coinbase is good for buying bitcoin. i have tried coinbase before but it feels like confusing to have so many wallets  |
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deadsilent
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November 24, 2016, 08:20:08 AM |
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Im using online wallet like xapo. And i have also mycellium wallet. But im not considering all online wallets are really safe. Some online wallets supends accounts thats proven they used it for gambling. Also you have no access to your private keys. Coinbase is good for buying bitcoin. But to store your btc there, not sure if its safe. Try cold storage intead of online wallets.
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hulla
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November 25, 2016, 07:28:58 PM |
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To me coinbase is cool as a wallet and I have no reeason to hate it. Besides, I even have an account there but all the web wallet are not totally safe.
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acroman08
Legendary
Offline
Activity: 2324
Merit: 1075
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November 29, 2016, 05:16:33 AM |
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I got no problem with coinbase. So far. Never lost any money, never encountered any issues. Admittedly, this doesn't mean I wouldn't ever encounter one. And, since I know a lot of people have had problems with it, I took the time to read their TOS. I think it's pretty handy because it's free to send. That being said, I admit it's not really my main wallet as well. It never has more than .1 . It's for small amounts only. I use mycelium for storing and also currently looking into hardware wallets, specifically Ledger. |
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kotwica666
Legendary
Offline
Activity: 2282
Merit: 1035
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November 29, 2016, 12:11:59 PM |
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Discussion about Coinbase begin, because they as a first online exchange start make problems for those who make transactions (withdrawals/deposits) with online casinos.
In my opinion it only shows their professionalism. It was not their idea to make problems for casino users. It is all about international law.
Now all exchanges and payment processors have to implement this kind of control.
And that's not the end. This same will happen with deposits/withdrawals from PayPal.
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LTU_btc
Legendary
 Online
Activity: 3052
Merit: 1330
Slava Ukraini!
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November 29, 2016, 10:41:31 PM |
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Discussion about Coinbase begin, because they as a first online exchange start make problems for those who make transactions (withdrawals/deposits) with online casinos.
In my opinion it only shows their professionalism. It was not their idea to make problems for casino users. It is all about international law.
Now all exchanges and payment processors have to implement this kind of control.
And that's not the end. This same will happen with deposits/withdrawals from PayPal.
But such thing kills freedom of bitcoin. It makes btc as centralized wallet. And Coinbase is like bitcoin bank account. Yes, such control helps to guarantee safety and provide userfs many additional features. Such services like Coinbase or Xapo is against idea of bitcoin. |
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kotwica666
Legendary
Offline
Activity: 2282
Merit: 1035
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November 30, 2016, 10:14:34 AM |
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Discussion about Coinbase begin, because they as a first online exchange start make problems for those who make transactions (withdrawals/deposits) with online casinos.
In my opinion it only shows their professionalism. It was not their idea to make problems for casino users. It is all about international law.
Now all exchanges and payment processors have to implement this kind of control.
And that's not the end. This same will happen with deposits/withdrawals from PayPal.
But such thing kills freedom of bitcoin. It makes btc as centralized wallet. And Coinbase is like bitcoin bank account. Yes, such control helps to guarantee safety and provide userfs many additional features. Such services like Coinbase or Xapo is against idea of bitcoin. It have (almost) nothing to do with Bitcoin. This law is about FIAT currency and exchanges/debit cards where you buy/sell cryptocurrencies with fiat. From your desktop wallet you can make transactions with whoever you want. Solution: Buy Bitcoin with fiat on Coinbase -> transfer Bitcoin to your desktop wallet -> do with BTC what you want without control. Be free  |
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