coinbase glitch, need to vent

[kellrobinson]

I canceled a sell on coinbase the other day.  Just now I logged in to my account and it shows several sells and several buys pending, but listed as one or the other depending on which page I looked at (transaction page or history of buys and sells).  It's all mixed up.  This is several dozen bitcoins in transactions.  message I sent:
"Transaction page shows two completed purchases of 12 btc at 797.86 Dec 7; click to see details, they are listed as sells!!
AND buy/sell history page lists THREE sells of 12 btc at 797.86 Dec 6!?
In fact I tried to initiate a sale of 12 btc which I canceled when it failed to complete for many minutes.  The cancel wouldn't register either, so I logged out.
All these sales and buys, or whatever they are, must be canceled."

[1714805151]

1714805151

[1714805151]

1714805151

[1714805151]

1714805151

[1714805151]

1714805151

[1714805151]

1714805151

[malaimult]

once you clicked the sell button coinbase gave your coins to someone else instantly.

[kellrobinson]

They put a cancel button there for a reason.
Understand:  coinbase didn't send my coins because they don't keep "my" coins segregated.  They have a pool of coins big enough for day-to-day trading, and the rest in cold storage.  Just as Charles Schwab doesn't divvy up stocks into thousands of little bundles, one for each customer who holds that stock, and then go to that customer's personal pile to pull out stocks to sell when he puts in a sell order.  No, they just trade, and keep records of their customers' accounts.  Coinbase doesn't segregate thousands of wallets to make sure the contents don't mix.  Each customer's "wallet" is a bookkeeping entry coinbase maintains on that customer's account.
Your post makes it sound like humpty-dumpty fell off a wall when I clicked sell!  You should think about what you're going to say, and don't make alarmist statements.  We're all intelligent adults here.