Coinbase Ever-Changing Instant Buy Limits

[kireinaha]

Is it just me, or are they changing this shit constantly? When I first looked, it was 1 coin per day instant buy limit for level 1 verification, which is fine with the current prices. Then, it went down to 0.1/day limit, which isn`t so good, and now finally 0.1 BTC/week, which just plain SUCKS.

Are they just doing this to me, or is it across the board? Maybe it`s a high demand issue again?

[BitcoinWalker]

Maybe they are facing a huge demand for instant BTC. It is not the first time they change their instant buy limit. It was 50 per day for level 2 verification and then now just 10/week.

[kireinaha]

Indeed. And now they`re not filling any orders at all until December 5, at which point you`ll get whatever the market rate is on that day. Same thing happened on Nov. 18, as I recall.

[BitcoinWalker]

They will take orders as soon as they have some BTC in their reserve again. Last time they said people would be able to buy in 4 or 5 days with the market price but I came back one day later and was able to get some.

[tvbcof]

They will take orders as soon as they have some BTC in their reserve again. Last time they said people would be able to buy in 4 or 5 days with the market price but I came back one day later and was able to get some.

They'd have 10 more BTC right now complements of yours truly if their buy-from-me prices were closer to Mt. Gox and BTCChina.  I'll see what things look like after turkey-day dinner.