CoinBase?

[markjcc]

Is coinbase safe?

if I sell my BTC to them how will I get my money via bank

ACH,or some other method like wire?

[18RATTT]

Is coinbase safe?

if I sell my BTC to them how will I get my money via bank

ACH,or some other method like wire?

one of the trusted btc wallet out there, and the site is clean simple and professional. i created my 1st btc address there.

[markjcc]

Is coinbase safe?

if I sell my BTC to them how will I get my money via bank

ACH,or some other method like wire?

one of the trusted btc wallet out there, and the site is clean simple and professional. i created my 1st btc address there.

Alright thanks
just need answer to second question now

[shibaji]

Via ACH.

Coinbase is the best out there currently. Link your back a/c for ACH and you are all set for buy/sell.

[InstaDice]

They're great -- I'm a huge fan. I've noticed that sometimes their sell prices can be drastically lower than the buy price, so keep an eye out for that, as you could probably sell your Bitcoins elsewhere for more money. This was last week during the crash, so I'm not sure if that affected anything (probably did.) I'm not sure if this is the case anymore, but I'd rather warn you and let you be aware of it potentially happening, than have you lose out on money for your Bitcoins.

Good luck!

[whereismymoney13]

Is coinbase safe?

if I sell my BTC to them how will I get my money via bank

ACH,or some other method like wire?

one of the trusted btc wallet out there, and the site is clean simple and professional. i created my 1st btc address there.

What's the difference between an exchange and a wallet? Sounds like CoinBase could be considered both. Also, why are people always looking for easy cash deposit places when you can just create a BTC address with Bitcoin-Qt and fund the address via Bitinstant cash deposit?

[shibaji]

instaDice - are you acquainted with instaBoost by any chance ? 

[InstaDice]

instaDice - are you acquainted with instaBoost by any chance ?  

I'm actually really new to the community, so I haven't heard of InstaBoost. I actually discovered Bitcoins earlier this year and I've been really intrigued by the whole idea of it... I decided to start focusing on creating more services to be used with Bitcoin and... here I am

Is coinbase safe?

if I sell my BTC to them how will I get my money via bank

ACH,or some other method like wire?

one of the trusted btc wallet out there, and the site is clean simple and professional. i created my 1st btc address there.

What's the difference between an exchange and a wallet? Sounds like CoinBase could be considered both. Also, why are people always looking for easy cash deposit places when you can just create a BTC address with Bitcoin-Qt and fund the address via Bitinstant cash deposit?

An exchange allows sellers and buyers to purchase currency from each other for the current market price (that's my rough understanding of it.) They make money by charging a small fee for each transaction. I think Coinbase can be considered both, seeing as they allow both the buying and selling of Bitcoins, as well as allowing you to store your coins in a nice safe place. I think Coinbase also allows merchants to take payments in Bitcoin as well, I read that they had something to do with OKCupid being able to accept Bitcoin. Fascinating service, I hope the best for them!

[whereismymoney13]

instaDice - are you acquainted with instaBoost by any chance ?  

I'm actually really new to the community, so I haven't heard of InstaBoost. I actually discovered Bitcoins earlier this year and I've been really intrigued by the whole idea of it... I decided to start focusing on creating more services to be used with Bitcoin and... here I am

Is coinbase safe?

if I sell my BTC to them how will I get my money via bank

ACH,or some other method like wire?

one of the trusted btc wallet out there, and the site is clean simple and professional. i created my 1st btc address there.

What's the difference between an exchange and a wallet? Sounds like CoinBase could be considered both. Also, why are people always looking for easy cash deposit places when you can just create a BTC address with Bitcoin-Qt and fund the address via Bitinstant cash deposit?

An exchange allows sellers and buyers to purchase currency from each other for the current market price (that's my rough understanding of it.) They make money by charging a small fee for each transaction. I think Coinbase can be considered both, seeing as they allow both the buying and selling of Bitcoins, as well as allowing you to store your coins in a nice safe place. I think Coinbase also allows merchants to take payments in Bitcoin as well, I read that they had something to do with OKCupid being able to accept Bitcoin. Fascinating service, I hope the best for them!

Sounds like CoinBase is pretty similar to bitfloor. Bitfloor did go down indefinitely today and history does have a tendency to repeat itself, so only risk what you don't mind losing. BOL.  

PS

Oh yeah. And I guess I just figured out the answer to my second question because apparently Bitinstant is being accused of scamming people. Thankfully my ZipZap transaction went through without a hitch but I would be so irritated if they took my money and said the order was lost in the pipeline somewhere. True or not, either fix the problem or terminate service.

[robi]

CoinBase is a real, funded startup in SF.

[Supermike]

I like Coinbase.  They are one of the few exchanges (maybe the only one)vthat lets you ACH to and from your bank without going through a third party payment processor. Now that they secured $5 million in new funding hopefully the trading halts for liquidity issues will be less frequent.

[HowlingMad]

Unfortunately I am forced to use Authy with my Coinbase account.  See below email:

Good Morning,
After multiple attempts to actually install your Authy product I was finally able to get it installed.  Now when I attempt to use Coinbase the connection between the Authy code and the Coinbase website NEVER works.  I have been able to uninstall Authy and reinstall it correctly.

Additionally, when I attempt a SMS verification with Coinbase to my cell phone it NEVER arrives!  

So at this point I am unable to use Coinbase.  With these type of problems I cannot trust that I will be able to access my funds.

My cellphone is a Samsung Blaze with GINGERBREAD.UVLF5, Android version 2.3.6, Kernel version 2.6.35.11

[CKJ411]

It's a wonderfully simplified experience and worthy of your trust, but keep in mind any cloud based wallet service has a level vulnerability. They get hacked, you lose all your coin with them. As far as selling through them, you're in good hands and it's a b it easier than exchanges in my opinion at the current moment.

[byobbbq]

coinbase looks great to me.  payment buttons are slick too.

i hope to withdraw something through soon.  i haven't met any bad press about them yet

[mprep]

Seems safe to me. I never actually bought or sold any BTC to them though.

[phiandi]

I use coinbase for free bitcoin links, and like it.