5 days ago I bought 2 btc @ 320 each. Today the btc suppose to be clear in my coinbase account @ 615 each, When suddenly i receive a coinbase email stating that the transaction is suspicious and my money has been reversed.
I had almost $100k back and forward with coinbase for the past year and never had any problems at all but today they shut my transactions because of this bitcoin raise.
Not a good strategy for coinbase.
okay, have you: A) contacted
Olaf@coinbase.com? B) Spoken with someone from support about this specific issue?
I've seen this happen before - JUST REACH OUT TO THEM. They fix things like this and will credit you back your BTC at the agreed upon rate! As far as the message about "limits being met and unable to provide further service" you are sol with that one because they've already sent you notification that their services are disrupted, BUT you still can definitely reach out to them and have them credit your account properly for the 2 BTC.
Coming on here, fussy about your issue and your issue only: Makes you look unreasonable as though you didn't take the time to resolve it first before coming here to whine about it. Bitcoin protocol is probably being stress tested to the max among other things.
I mean, do you see me coming around, making a "hater thread" on Mt. Gox because I'm waiting for a btc withdrawl from 20 hours ago that still hasn't hit the network? NO, I'm going to wait until MT gox says nothing further can be done and then if that happens, I will proceed to trash-talk them into the ground akin to what you're doing here.
To newcomers, I like Coinbase A lot - they are usually hassle free for the most part - as the OP said he's transacted more than 100k with them prior.
You obviously haven't been paying attention to any of the threads going on in here. Coinbase will not honor the transactions at the original rate.
They do one here and there for a bit of good PR, but if you browse over the forums, you'll see that the majority are met with no response or declined.
There's a significant difference in waiting for something that you will receive in the case of Gox, vs. someone borrowing assets from you with no intention to honor the original transaction.
They make huge promises and lure people into a false sense of security with their instant verification and promise of easily obtaining BTC. But when market price increases heavily, they can't keep up with their promises, don't bother notifying customers, and cancel orders for personal benefit or to cover losses.
The biggest lie is right inside there TOS in that they state you purchase BTC directly from Coinbase which is clearly not the case as their prices/tickers revolve around a margin to BitStamps prices, stops working when BitStamp goes down, and the blog post about cancelled order clearly states that they go out and buy BTC once they receive a batch of orders from customers.
