COINBASE is a big scam - BLOOMBERG agrees with me!!!

[fynxgloire]

I am waiting for 2.1 bitcoins to be returned to me from someone who has a coinbase account.  
Pic here: http://imgur.com/dG4Vkju

I have yet to receive the funds after 3 days!!!
Their customer support is non existent.
I tried contacting them on Facebook, twitter, etc.
Nothing.  ITS A SCAM, the biggest ponzi scheme ever!
There are many complaints about them on
Reddit: https://www.reddit.com/r/CoinBase/
Coinbase Community: https://community.coinbase.com/

EVERYWHERE!!
How the heck is this company still in existence??
I am using my hardware wallet from now on.
No more online wallets for anything!
Beware, take out your funds from COINBASE ASAP, they need to go bankrupt!

You don't believe me, here is an article form Bloomberg JUST RELEASED:
https://www.bloomberg.com/news/articles/2017-08-30/bitcoin-exchange-sees-complaints-soar-as-users-demand-money

[1714188694]

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[1714188694]

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[Aventhe]

I have once had my translation of 0.1 BTC pending for 42 hours. I guess you just have to wait..

Does your transaction show up on the blockchain at all? If yes then you are in luck. Even if it doesn't Coinbase said they will return funds after 24 hours. Just use a hardware wallet - much better security and more reliable too.

[xypos]

I would recommend you reformatting the OP into the appropriate scam accusation format.

You haven't really made it explicitly clear what exactly is your problem, but i'm going to assume that your problem is that coinbase is holding up your transaction of 2.1 BTC to someone else that does not use coinbase(aka an actual on-chain coin transfer).

This is quite common with coinbase, and yes their customer support is terrible. The CEO of the site knows it.

Unfortunately, you just got to wait. I have no idea how long, but keep trying to reach their customer support and eventually they will solve your problem. This is why you use a desktop wallet which you control your own keys with, not a web wallet service, especially with amounts like this high.

[warningsigns]

This is what you call a tolerated scam. Or a scammer operating with impunity.

They have FinCEN credentials so they know they are untouchable. Sometimes I wonder why they are not meted the same treatment and penalties suffered by other rogue exchanges (btc-e for example). The authorities are doing nothing to deter them from doing these scams. It's an American company so by default, they are presumed to be operating by the rules.

So now you're at their mercy. 2.1 bitcoins held hostage until they decide to press the release button. I suggest bombarding them day and night with reminders to release YOUR coins. Their staff seem to have a hard time understanding the difference between what's theirs and what's not theirs.

[fynxgloire]

I have once had my translation of 0.1 BTC pending for 42 hours. I guess you just have to wait..

Does your transaction show up on the blockchain at all? If yes then you are in luck. Even if it doesn't Coinbase said they will return funds after 24 hours. Just use a hardware wallet - much better security and more reliable too.

Do you mean this:
https://blockchain.info/address/1DmDkdarNj2kpsgjUchEdbfft79SGavw9T

I don't see anything.
My wallet address is this one: 1DmDkdarNj2kpsgjUchEdbfft79SGavw9T

How can I check if it is on the blockchain?

Regards

[fynxgloire]

I would recommend you reformatting the OP into the appropriate scam accusation format.

You haven't really made it explicitly clear what exactly is your problem, but i'm going to assume that your problem is that coinbase is holding up your transaction of 2.1 BTC to someone else that does not use coinbase(aka an actual on-chain coin transfer).

This is quite common with coinbase, and yes their customer support is terrible. The CEO of the site knows it.

Unfortunately, you just got to wait. I have no idea how long, but keep trying to reach their customer support and eventually they will solve your problem. This is why you use a desktop wallet which you control your own keys with, not a web wallet service, especially with amounts like this high.

You failed to read my message. No I do not have a coinbase account.
I am WAITING for someone to send me funds from a coinbase account.
It is NOT my transaction, I am waiting to RECEIVE funds from someone who has a coinbase account.

I accused this person of scamming me so he is returning my funds.
My scam report of this person is here:
https://bitcointalk.org/index.php?topic=2090925.0

So after thinking of getting scammed by one individual, the exchange then scams me, what a nightmare!

[fynxgloire]

This is what you call a tolerated scam. Or a scammer operating with impunity.

They have FinCEN credentials so they know they are untouchable. Sometimes I wonder why they are not meted the same treatment and penalties suffered by other rogue exchanges (btc-e for example). The authorities are doing nothing to deter them from doing these scams. It's an American company so by default, they are presumed to be operating by the rules.

So now you're at their mercy. 2.1 bitcoins held hostage until they decide to press the release button. I suggest bombarding them day and night with reminders to release YOUR coins. Their staff seem to have a hard time understanding the difference between what's theirs and what's not theirs.

Its crazy isn't it.
I was asking someone who I thought was scamming me to return my 2.1 bitcoins that I sent to him, details here:
https://bitcointalk.org/index.php?topic=2090925.0

Then he sent it to me through COINBASE, who would have thought that now exchanges are scammers?
Unbelievable

[Psalms23]

Is this true guys?  im kind of worried because i have 2 functioning accts on coinbase.  Can anybody confirm this?

[fynxgloire]

Is this true guys?  im kind of worried because i have 2 functioning accts on coinbase.  Can anybody confirm this?

No need to ask anyone, read everywhere on the internet:
Reddit: https://www.reddit.com/r/CoinBase/
Coinbase Community: https://community.coinbase.com/

Its true, get out as fast as you can from coinbase, they are the biggest scammers in America now.
I am hoping and praying I get my funds somehow??

[fynxgloire]

Is this true guys?  im kind of worried because i have 2 functioning accts on coinbase.  Can anybody confirm this?

Guess what even BLOOMBERG believes me:

https://www.bloomberg.com/news/articles/2017-08-30/bitcoin-exchange-sees-complaints-soar-as-users-demand-money

[legendster]

I am waiting for 2.1 bitcoins to be returned to me from someone who has a coinbase account.  
Pic here: http://imgur.com/dG4Vkju

I have yet to receive the funds after 3 days!!!
Their customer support is non existent.
I tried contacting them on Facebook, twitter, etc.
Nothing.  ITS A SCAM, the biggest ponzi scheme ever!
There are many complaints about them on
Reddit: https://www.reddit.com/r/CoinBase/
Coinbase Community: https://community.coinbase.com/

EVERYWHERE!!
How the heck is this company still in existence??
I am using my hardware wallet from now on.
No more online wallets for anything!
Beware, take out your funds from COINBASE ASAP, they need to go bankrupt!

You don't believe me, here is an article form Bloomberg JUST RELEASED:
https://www.bloomberg.com/news/articles/2017-08-30/bitcoin-exchange-sees-complaints-soar-as-users-demand-money

Coinbase is not a scam, they are, in a way, the creators of the bitcoin economy. 
Recently Bitcoin went through a Segwit split. Where the ledger was split into 2. The older Bitcoin and the newer currency called Bitcoin Cash.
Delays like these are going to be common, at least until November, where according to some chatter, there would be another split. Although, I am not sure about the legitimacy of this 2nd split news.

Just wait it out.

[muenze]

Paypal used to have similiar problems for many years with people just getting money frozen etc. I would think it happens when they grow too fast and need to consider all different regional money laundering issues and so on.

Anyway, threadstarter, are you even sure the guy you purchased from DID ACTUALLY REFUND YOU? That he really send you money ? Because if he scammed you he probably would not send you anything back, and so its maybe not even Coinbase fault? Your address shows as having received nothing.

https://blockchain.info/address/1DmDkdarNj2kpsgjUchEdbfft79SGavw9T

[legendster]

https://blockchain.info/address/1DmDkdarNj2kpsgjUchEdbfft79SGavw9T

There would be no transaction as it shows a negative 2.1 btc which should be indicating the fact that it's deducted from the account. Unless Coinbase processes the transaction there would be nothing to show on the blockchain ledger.

[legendster]

This is what you call a tolerated scam. Or a scammer operating with impunity.

They have FinCEN credentials so they know they are untouchable. Sometimes I wonder why they are not meted the same treatment and penalties suffered by other rogue exchanges (btc-e for example). The authorities are doing nothing to deter them from doing these scams. It's an American company so by default, they are presumed to be operating by the rules.

So now you're at their mercy. 2.1 bitcoins held hostage until they decide to press the release button. I suggest bombarding them day and night with reminders to release YOUR coins. Their staff seem to have a hard time understanding the difference between what's theirs and what's not theirs.

Your logic defies all logic. You understand that right?
Its a technical bottleneck, heck this is why the whole segwit issue started.
Bombarding them "GIVE MONEY NOW!! HULK SMASH!!" will only increase their spam. Spam, that will only make things more slow for them.
Sending a stern message can be done within a few lines.
Plus, no one's sure that whether this other guy who's supposed to send OP his money back actually DID send him anything. It could all be just photoshopped. That wouldn't be hard.

[Pearls Before Swine]

Is this true guys?  im kind of worried because i have 2 functioning accts on coinbase.  Can anybody confirm this?

Guess what even BLOOMBERG believes me:

https://www.bloomberg.com/news/articles/2017-08-30/bitcoin-exchange-sees-complaints-soar-as-users-demand-money

Bloomberg believes you?   They don't know who you are
and don't care.  That article is just about a huge number of
complaints against coinbase.  Did you register your complaint
anywhere other than here on bct?  Maybe you should.

[fynxgloire]

Paypal used to have similiar problems for many years with people just getting money frozen etc. I would think it happens when they grow too fast and need to consider all different regional money laundering issues and so on.

Anyway, threadstarter, are you even sure the guy you purchased from DID ACTUALLY REFUND YOU? That he really send you money ? Because if he scammed you he probably would not send you anything back, and so its maybe not even Coinbase fault? Your address shows as having received nothing.

https://blockchain.info/address/1DmDkdarNj2kpsgjUchEdbfft79SGavw9T

Well the only proof I have that the accused scammer sent anything back is this image he sent to me:
http://imgur.com/dG4Vkju

Could this have been photoshopped?

[fynxgloire]

Is this true guys?  im kind of worried because i have 2 functioning accts on coinbase.  Can anybody confirm this?

Guess what even BLOOMBERG believes me:

https://www.bloomberg.com/news/articles/2017-08-30/bitcoin-exchange-sees-complaints-soar-as-users-demand-money

Bloomberg believes you?   They don't know who you are
and don't care.  That article is just about a huge number of
complaints against coinbase.  Did you register your complaint
anywhere other than here on bct?  Maybe you should.

Yes I am thinking of contacting the FBI ( yet again )
It would be my 4th complaint to the FBI within 1 month....
SCAMMERS are everywhere!!!!

[naughtycams]

I've never had any issues with coinbase, if you use them in a legit way you will not have any issues!

[spamsucks]

As the person sending the coins to show you on the blockchain the funds are being processed. A random screenschot can indeed be photoshopped, and you would never know. I have used coinbase to exchange things many times, and have had no issues with them myself. I know others have.

Unless the transaction shows up on the blockchain, blame the sender first, let them take it up with coinbase on your behalf.