Bitcoin Forum
November 25, 2017, 06:11:00 AM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 [4] 5 6 »  All
  Print  
Author Topic: Why do so many people hate Coinbase?  (Read 3764 times)
mrjoy15
Hero Member
*****
Offline Offline

Activity: 504


Any store can buy, sell, and accept Crypto


View Profile WWW
January 25, 2017, 03:10:39 PM
 #61

For me as a beginner I can say that I have heard pretty good experiences with coinbase.
When I transfer funds to them (euro from a german bank account) the funds arrive in less than a day...

The fees might be a bit higher, but I will glady pay a small fee for a easy buying experience.
I heard from users that coinbase wallet does not allow gambling for which its been getting hated. Gambling is one among the highly depended source by  users. When its not supported sure the reputation of the wallet service provider gets declined.
One of the common question nowadays.Most of bitcoiners have faced this question is it safe to use coinbase?like this or thousand of question about coinbase.First of all,Coinbase is a website that allows people to buy and sell bitcoin not a wallet as you wish also there have some TOS.Before signup you agree their terms and conditions.Where coinbase is absolutely not allowed any gambling transactions.In case results could be banning accounts associated with gambling transaction.

██████████████████████████████████████████████████████████████████▄   ▄
███████████████████████████████████████████████████████████████████▀▄▀
██████████████████████████████████████████████████████████████████▄▀ ▀▄

  ▄▄▄▄▄▄▄▄      ▄▄▄        ▄▄▄  ▄▄▄           ▄▄▄  ▄▄▄▄▄▄▄▄▄       ▄▄▄
  ██████████▄   ███        ███  ████▄         ███  ███████████▄    ███
  ███     ▀███  ███        ███  ██████▄       ███  ███      ▀███   ███
  ███      ███  ███        ███  ███ ▀███▄     ███  ███        ███  ███
  ███     ▄███  ███        ███  ███   ▀███▄   ███  ███        ███  ███
  ██████████▀   ███▄      ▄███  ███     ▀███▄ ███  ███       ▄███  ███
  ███▀▀▀▀▀       ███▄▄▄▄▄▄███   ███       ▀██████  ███▄▄▄▄▄▄███▀   ███
  ███             ▀████████▀    ███         ▀████  █████████▀▀     ███
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
██
.
Whitepaper   Twitter   Facebook
Telegram     Medium    Youtube
1511590260
Hero Member
*
Offline Offline

Posts: 1511590260

View Profile Personal Message (Offline)

Ignore
1511590260
Reply with quote  #2

1511590260
Report to moderator
Join ICO Now A blockchain platform for effective freelancing
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1511590260
Hero Member
*
Offline Offline

Posts: 1511590260

View Profile Personal Message (Offline)

Ignore
1511590260
Reply with quote  #2

1511590260
Report to moderator
iram3130
Legendary
*
Offline Offline

Activity: 938



View Profile
January 25, 2017, 03:17:46 PM
 #62

Sometimes they have had delays where they don't give you your coins for over 12 days after it already left your bank account.  This happened as recently as at the beginning of this year.
That can happen with anyone while using any exchange site mate. It has happened in past. Even Banks have delayed like anything sometimes.
Apart from saving your coins in not so secured wallet and little high fees, Coinbase is a good exchange site.

           ▄▄█████████▄▄
       ▄████▀▀       ▀▀████▄
     ▄██▀▀               ▀▀██▄
    ██▀                    ████
   ██                     ███▀██
  ██                    ▄██▀   ██
 ██                    ▄██      ██
██▀                  ▄██▀      ▄███
██                  ▄██      ▄██▀██
██                 ██▀    ▄███▀  ██
██               ▄██▀   ▄██▀     ██
██▄             ▄██  ▄███▀      ▄██
 ██           ▄██▀ ▄██▀         ██
  ██         ▄██▄███▀          ██
   ██       █████▀            ██
    ██▄   ▄████▀            ▄██
     ▀██▄███▀            ▄▄██▀
       ▀████▄▄       ▄▄████▀
           ▀▀█████████▀▀
.L I V E T R E E   A D E P T TM.
Own the future of entertainment
The World's 1st Community-Powered,
Film, TV and Content Network  ★
BitcoinBarrel
Legendary
*
Offline Offline

Activity: 1232


Twitter.com/BitcoinBarrel


View Profile WWW
January 25, 2017, 03:20:18 PM
 #63

I never used CoinBase to buy or sell, prefer Local Bitcoins for that. Or ATMs.

Just seemed like a lot of trouble to use a web wallet, when blockchain.info is quick and easy.



        ▄▄▄▄▄▄▄▄▄▄
     ▄██████████████▄
   ▄█████████████████▌
  ▐███████████████████▌
 ▄█████████████████████▄
 ███████████████████████
▐███████████████████████
▐███████████████████████
▐███████████████████████
▐███████████████████████
 ██████████████████████▀
 ▀████████████████████▀
  ▀██████████████████
    ▀▀████████████▀▀
.
.....
.....
.....
.....
.....
.....





warwar
Hero Member
*****
Offline Offline

Activity: 532


https://gexcrypto.io


View Profile
January 25, 2017, 03:25:39 PM
 #64

Sometimes they have had delays where they don't give you your coins for over 12 days after it already left your bank account.  This happened as recently as at the beginning of this year.
That can happen with anyone while using any exchange site mate. It has happened in past. Even Banks have delayed like anything sometimes.
Apart from saving your coins in not so secured wallet and little high fees, Coinbase is a good exchange site.

High fees really a big problem when it comes to the exchanger because you want low fees because you are saving or not but it is all about low cost. But overa in websitee its okay and the support system is okay for me they reply a soon as possible

             ███
     ▄▄▄▄▄   ▀▀▀
  ▄█████████▄
 ███▀     ▀███▄
███         ███
███         ███
 ███▄     ▄████
  ▀████████████
     ▀▀▀▀▀  ███
            ███
███▄       ▄███
 ▀███▄▄▄▄▄███▀
   ▀▀█████▀▀
gexcrypto
E X C R Y P T O

Global Trading Corp.
████
████
████
████
████  ████
████  ████
████  ████
████  ████
████  ████
      ████
      ████
      ████
      ████
.YOUR COMPREHENSIVE CRYPTO TRADING PLATFORM.
|       WHITEPAPER       |       FACEBOOK       |       TWITTER       |       ANN THREAD       |
████
████
████
████
████  ████
████  ████
████  ████
████  ████
████  ████
      ████
      ████
      ████
      ████
agustina2
Legendary
*
Offline Offline

Activity: 952



View Profile
January 25, 2017, 03:28:59 PM
 #65



High fees really a big problem when it comes to the exchanger because you want low fees because you are saving or not but it is all about low cost. But overa in websitee its okay and the support system is okay for me they reply a soon as possible

I don't mind Coinbase fees if the service is really pleasing and can give convenient to it's user. Right now I don't have any problems using Coinbase. Also I like their exchange rates compare to our local rates. Little bit higher in terms of sell rate but unfortunately buy and sell is not supported in our country but I think in the near future it will happen.

Most of the complaints about Coinbase is freeze account and most of the posters only state that without giving proof or evidence.

                              ▄█▄         ▄█▄
                            ▄████▀      ▄████▀
                          ▄████▀      ▄████▀
                        ▄████▀      ▄████▀
                      ▄████▀      ▄████▀
                    ▄████▀      ▄████▀
 ▄█▄          ▄      ▀█▀      ▄████▀
▀████▄      ▄███▄           ▄████▀
  ▀████▄     ▀████▄       ▄████▀
    ▀████▄     ▀████▄   ▄████▀
      ▀████▄     ▀████▄████▀
        ▀████▄     ▀█████▀
          ▀█▀        ▀█▀
.verify.▄  █▄
██ ███▄
██ ████
██ ████
██ ████
██ ████
██ ████
██ ████
▀█ ████
   ████
   ████
█▄ ▀███
███▄ ▀█
▄  █▄
██ ███▄
██ ████
██ ████
██ ████
██ ████
██ ████
██ ████
▀█ ████
   ████
   ████
█▄ ▀███
███▄ ▀█
▄  █▄
██ ███▄
██ ████
██ ████
██ ████
██ ████
██ ████
██ ████
▀█ ████
   ████
   ████
█▄ ▀███
███▄ ▀█
crairezx20
Hero Member
*****
Offline Offline

Activity: 854



View Profile WWW
January 25, 2017, 03:32:13 PM
 #66

That's true that some of Coinbase hater don't have valid/good reason, but you can't deny valid reasons such as :
1. Coinbase service is the opposite goal of bitcoin, especially about full control over our bitcoin, anonymity and privacy.
2. They have hidden fees at some of their services and their bitcoin rate isn't that good if you compare with other exchange.
3. They closed some of users account without real reason or warning in case user did something wrong.

So, no wonder many people hates Coinbase. But, coinbase users keep growing and they keep making profit even many bitcoiner hate them.
I think the hidden fees that you mention as actually happen to me last year 2x that i send my bitcoin into coinbase but i just receive  pending in few days the pending gone also my bitcoin is gone the support said that i double spend that is why its pending and never receive it.. but according to my electrum wallet there is no problem that i send my bitcoin the 2nd one this new year i experience of reduces of my balance there when the price of bitcoin is $1k plus until the price was crash i saw my balance was reduce i email them but no answer until now..

    ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄   
   ████████████████████████████████  
     ▀██████████████████████████▀    
        ▀████████████████████▀       
          ████████████████▀         
            █████████████           
            ▀████████████▀           
             ▀██████████▀            
              ██████████             
               ████████              
               ▀██████▀              
                ██████               
                  ▀                  
.
.trade.io.
██████
██████
███
███
███
███
███
███
███
███
███
██████
██████

▄██████████████████▄
███       ▀███████
███       █████████
███       █████████
███       █████████
███              ██
███   ▄▄▄▄▄▄▄▄   ███
███   ▄▄▄▄▄▄▄▄   ███
███              ███
███▄▄▄▄▄▄▄▄▄▄▄▄▄▄███
██████████████████▀

▄██████████████████▄
███████████▀ ███████
█████████▀   ███████
███████▀     ██▀ ███
███ ▀▀       █▄▄████
███          █▀▀▀▀██
███ ▄▄       ███████
██████▄     █▄ ▀███
█████████▄   ███▄███
███████████▄ ███████
▀██████████████████▀

▄██████████████████▄
████████████████████
███████████████▀▀ ██
█████████▀▀     ███
████▀▀     ▄█▀   ███
███▄    ▄██      ███
█████████▀      ▄██
█████████▄     ████
█████████████▄ ▄████
████████████████████
▀██████████████████▀
██████
██████
   ███
   ███
   ███
   ███
   ███
   ███
   ███
   ███
   ███
██████
██████
.
.Join the Trading Revolution.
mamahpapah
Full Member
***
Offline Offline

Activity: 126



View Profile
January 25, 2017, 03:39:00 PM
 #67

that simple for me , if im send bitcoin from coinbase to other address need 1confirmation or more
and if me or someone very emergency with this bitcoin sure i cant wait for a long time waiting confirmation
Oralmat
Hero Member
*****
Offline Offline

Activity: 588



View Profile
January 25, 2017, 03:50:49 PM
 #68

Sometimes they have had delays where they don't give you your coins for over 12 days after it already left your bank account.  This happened as recently as at the beginning of this year.

I first  time heard that Coinbase can delay payments and i am really worried on hearing this. Bitcoin transactions are instant and waiting for 12 days means something is fishy. By the way i have decided to remove all my bitcoins from coinbase now and keep them save in my desktop wallet. Thanks for the information.
Wandering Soul~
Sr. Member
****
Offline Offline

Activity: 392

L A Y L O W


View Profile
January 25, 2017, 04:06:48 PM
 #69

There have a lot of negative feedbacks and these are the general problems about them:

1). Poor Customer service - Not all people are getting answered
2). Their strict and getting more stricter KYC (Know Your Customer) -  They want you to submit documents so you will no longer be anonymous .
3). Freezing and closing of a users account - For whatever reason, They have to notify the users if they will be closing its account so that the user will have time to empty their wallet . Of course the reason should also be notify to the user .
4) . Slow Processing
5). Android App keeps crashing

You may want to view this site the number of positive feedbacka are only 2-3 :http://bittrust.org/coinbase/0


              ▄
            ▄███▄
          ▄███████▄
   ▄▄▄    █
█████████
   ███
    ███████████▄
██    ████    ████████▄
      ████    ██████████
  ████    ████▀██████████
  ████    ██▀   ▀█████████▄
      █████       █████████▄
      ███▀         ▀████████
  ██████▀           ▀███████
  █████▀             ▀█████
   ████ █▄▄▄     ▄▄▄█ ████
    ███ ▀███████████▀ ███
     ▀▀█▄ █████████ ▄█▀▀
        ▀▀▄▄ ▀▀▀ ▄▄▀▀
●●
●●
●●
●●
●●
●●
|●  facebook
●  reddit
●  ann thread
|
█ ██
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██

██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
█ ██ █
██ █
morantis
Hero Member
*****
Offline Offline

Activity: 630



View Profile
January 25, 2017, 06:26:36 PM
 #70

There have a lot of negative feedbacks and these are the general problems about them:

1). Poor Customer service - Not all people are getting answered
2). Their strict and getting more stricter KYC (Know Your Customer) -  They want you to submit documents so you will no longer be anonymous .
3). Freezing and closing of a users account - For whatever reason, They have to notify the users if they will be closing its account so that the user will have time to empty their wallet . Of course the reason should also be notify to the user .
4) . Slow Processing
5). Android App keeps crashing

You may want to view this site the number of positive feedbacka are only 2-3 :http://bittrust.org/coinbase/0

those are simply people bitching because the world doesn't match their little model they dreamed up, i am talking about legitimate complaints, bot "my app closed and i had to take another full three seconds of my life to open it again"

and i like people getting their wallets frozen, maybe they will start following the rules
jak3
Hero Member
*****
Offline Offline

Activity: 742


★Nitrogensports.eu★


View Profile
January 25, 2017, 06:53:29 PM
 #71

i have heard lits of rummers about coinbase lets just ignore the fact that coinbase is a web wallet and they have less security except that they do not allows every country...their support system is weeker when helping...i heard rummers that they block some users account who transact in gambling sites..they do not charge any fees for their transactions i do not know what is true or what is false but i just switched to mycelium android wallet


           █████████████████     ████████
          █████████████████     ████████
         █████████████████     ████████
        █████████████████     ████████
       ████████              ████████
      ████████              ████████
     ████████     ███████  ████████     ████████
    ████████     █████████████████     ████████
   ████████     █████████████████     ████████
  ████████     █████████████████     ████████
 ████████     █████████████████     ████████
████████     ████████  ███████     ████████
            ████████              ████████
           ████████              ████████
          ████████     █████████████████
         ████████     █████████████████
        ████████     █████████████████
       ████████     █████████████████
▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
▬▬ THE LARGEST & MOST TRUSTED ▬▬
      BITCOIN SPORTSBOOK     
   ▄▄
██
██
██
██
██
██
██
██
██
██     
██
██
             ▄▄▄▄▀▀▀▀▄
     ▄▄▄▄▀▀▀▀        ▀▄▄▄▄          
▄▀▀▀▀                 █   ▀▀▀▀▀▀▀▄▄
█                    ▀▄          █
 █   ▀▌     ██▄        █          █              
 ▀▄        ▐████▄       █        █
  █        ███████▄     ▀▄       █
   █      ▐████▄█████████████████████▄
   ▀▄     ███████▀                  ▀██
    █      ▀█████    ▄▄        ▄▄    ██
     █       ▀███   ████      ████   ██
     ▀▄        ██    ▀▀        ▀▀    ██
      █        ██        ▄██▄        ██
       █       ██        ▀██▀        ██
       ▀▄      ██    ▄▄        ▄▄    ██
        █      ██   ████      ████   ██
         █▄▄▄▄▀██    ▀▀        ▀▀    ██
               ██▄                  ▄██
                ▀████████████████████▀




  CASINO  ●  DICE  ●  POKER  
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
   24 hour Customer Support   

▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Mkmanik
Hero Member
*****
Online Online

Activity: 518



View Profile
January 25, 2017, 07:24:17 PM
 #72

In my case, Coinbase does not seem to care about people's privacy. First of all you have to give them Id in some long winded process to sell and buy bitcoins. The prices for selling and buying are terrible. I haven't had an experience with their customer service, but the moment they warned me saying that I shouldn't be using my balance to gamble, I immediately left that site. They don't have a right to tell us what we can and can't do it.

Cool man.Must They have a right to tell us what we can and can't do it.Because of it's their site.If you want to join their service, your first work to be read their FAQ & POLICIES.If you realized, it's better to join there then its okay.If not, then never join there.Every site has some rules and regulations.We have to abide by their rules if we want to use their service smoothly.Otherwise, they have right to ban us.

bajing
Legendary
*
Offline Offline

Activity: 1176


The most Professional Cryptocurrency Casino


View Profile
January 25, 2017, 07:51:13 PM
 #73

Perhaps it's just for a group of people who get frozen because of gambling, the rest Coinbase service was pretty good and by use coinbase you dont need to pay fee transaction for send bitcoin.

FORTUNEJACK.COM[
                            
9 BTC WELCOME PACK FOR 1ST 5 DEPOSITS
FREE 1,000 mBTC daily for LuckyJack winners
[
          
]
morantis
Hero Member
*****
Offline Offline

Activity: 630



View Profile
January 25, 2017, 08:06:24 PM
 #74

Perhaps it's just for a group of people who get frozen because of gambling, the rest Coinbase service was pretty good and by use coinbase you dont need to pay fee transaction for send bitcoin.

there are plenty of sites that have no fee to send BTC, what are you talking about?
Vikash kumar
Member
**
Offline Offline

Activity: 96

★777Coin.com★ Fun BTC Casino!


View Profile
January 27, 2017, 02:19:40 AM
 #75

I have no any complain regarding the coinbase .l always accept it .but as i know that no any people hate with coinbase. it may be lake of knowledge about bitcoin site or they have lake of time to spent on it.coinbase is just like a wallet which help us any time .

theminer
Newbie
*
Offline Offline

Activity: 12


I'm bit-rich.


View Profile
January 27, 2017, 02:30:09 AM
 #76

Pricing is too high when you know how things works.

It's a service for not tech-savvy ppl.

We are not the targetted audience.

Working is for suckers.
acroman08
Sr. Member
****
Offline Offline

Activity: 476


View Profile
January 27, 2017, 02:58:46 AM
 #77

There have a lot of negative feedbacks and these are the general problems about them:

1). Poor Customer service - Not all people are getting answered
2). Their strict and getting more stricter KYC (Know Your Customer) -  They want you to submit documents so you will no longer be anonymous .
3). Freezing and closing of a users account - For whatever reason, They have to notify the users if they will be closing its account so that the user will have time to empty their wallet . Of course the reason should also be notify to the user .
4) . Slow Processing
5). Android App keeps crashing

You may want to view this site the number of positive feedbacka are only 2-3 :http://bittrust.org/coinbase/0

those are simply people bitching because the world doesn't match their little model they dreamed up, i am talking about legitimate complaints, bot "my app closed and i had to take another full three seconds of my life to open it again"

and i like people getting their wallets frozen, maybe they will start following the rules

They may be bitching, but those complaints are legitimate, coinbase is a company and they should be responsible for every complaint they are getting especially for notifying their clients before freezing their accounts, even if the user were unable to follow the rules, they should still have the rights to know if their accounts will be closed/froze and if coinbase fail to do so it can be considered as Estafa.

CraigWrightBTC
Hero Member
*****
Offline Offline

Activity: 518



View Profile
January 27, 2017, 03:00:57 AM
 #78

I've never had a problem with them from buying with them through the years and don't really see the source of all the hate for the company. Could anyone go ahead and provide some insight into why people hate it?

Thanks.
Usually the peoples hates a services because of bad costumers services are like slow respond,
slow withdrawal and other technical problem.
Mostly people hates services because of there are some problem include on coinbase but
it is just small amount of peoples whom hates coinbase and not all of costumers coinbase.
marcoman22
Sr. Member
****
Offline Offline

Activity: 350



View Profile
January 27, 2017, 03:28:26 AM
 #79

People like to hate coinbase because they took a stance on the block size in contrast to powerful people who control main forms of bitcoin discussion.The coinbase CEO openly advocated for larger blocks. Thats why the hatred started.
Daedra
Newbie
*
Offline Offline

Activity: 22


View Profile
January 27, 2017, 03:32:52 AM
 #80

If you don't like coinbase just don't use their services, I don't see the problem
Pages: « 1 2 3 [4] 5 6 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!