#Deletecoinbase - Agree or Disagree?

[eternalgloom]

I really couldn't care less about anything that Coinbase does.
I've never used them and will never use them.

Now, I do think it's an incredibly stupid idea to encourage users to save their private keys in the cloud.
Then again, there are people who just keep their coins on exchanges anyway, which is practically the same.

I don't know, I just don't really participate with these Twitter hashtag movement thingies, so don't really have an opinion on it.

[Rorouni]

I first had to use them, it connects my faucets and earns. They all sent new identification for users to past or KYC. That was not the big downfall. Then suddenly I must connect my bank card in that it converts it to my bank. This caused a whole new verification and many users quit as a result. I did.

[Kemarit]

I don't know, I just don't really participate with these Twitter hashtag movement thingies, so don't really have an opinion on it.

Exactly, I don't know if this so called Twitter hashtag will bring some effect. If you're really not comfortable then don't trade in that platform simply as that. I heard reports that Coinbase took a massive hit on this negative publicity. But at the end of the day, business will continue as usual and I'm sure they learn a expensive lessons on hiring company to handle their KYC procedures and a throughly process should be put into place to avoid this incidents in the future.

[BitHodler]

I don't see anything good in following these sensational events. I look at how an exchange or service works for me, and as it is right now, Coinbase works just fine and there is no reason to ditch them.

Overall, an exchange (doesn't matter which one) will screw you over eventually anyway. It's just that people's bias against Coinbase makes it easier for them to follow these events, but then again, it helped Coinbase wake up, so it had effect.

It's basically the same as with the proof of keys event set up by Trace Mayer. I didn't have funds on any exchange, but if I had I still wouldn't withdraw it because there would be a good reason for these funds to be there.

I never leave funds on an exchange when I don't have a position open.

[BitBustah]

Most people don't even care about privacy, they just want fast service that is easy to use.  I'm sure Coinbase will continue to do just fine with their business. The unhappy customers tend to be the ones that complain the loudest.

[Reid]

Do not delete.
Ignore will be better. It will hurt them more.
A movement where their customers starts withdrawal and then just ignoring them afterwards.
Never to come back again.
That would be fun. They are still existing but yet no profits are being made.

Just thinking about it makes me laugh already.

[squatter]

Considering the big controversy around Coinbase, how do you feel about the movement? I haven’t really found anyone protecting them with good arguments, so i’d love to know if anyone here has an opposing opinion and think ‘deleting coinbase’ is too far?

It didn't work last time and it won't work this time, either. It's just a little Twitter drama among the usual suspects and their limited followings. This blunder will be forgotten relatively quickly. Most of Coinbase's market will never think about this stuff.

I'm also slightly amused that people are acting all surprised and insulted. This is par for the course when it comes to Coinbase.

[cvan]

I only used Coinbase once to buy some ethereum. Absolutely no problem after the KYC process to buy the ethereum , but an absolute nightmare to get the ethereum out ! Took almost 24 hrs to send from Coinbase to an offline wallet. So many emails sent and a nights sleep lost! Never again. Has also put me off using other exchanges . IMO - avoid .

Wow that sounds like a headache. I am sorry to hear that, good thing your story can help others make the right decsion though

[kamBlanV]

I think, coinbase still has benefits for us and has a small negative effect, when the coinbase problem can still be overcome, then we don't try to make the hashtag  #deletecoibase .

and it's not professional, and now we must always see the development of progress coinbase. is it still good to use or not?

[rdbase]

I would have to agree to get rid of using coinbase because of the whole neutrino news and allowing them access to their entire customer database.
It is just like giving the keys to thieves of a home they want to rob.
This is just not right in the current climate we are in with all these exchanges having their customers funds being ransacked right underneath these companies noses such as quadrigacx and cryptopia just to name the most recent ones.

[MakeMoneyBtc]

Deleting Coinbase would not help with anything since there are multiple exchanged that are involved in shady activities, while Coinbase was probably the first one to be discovered. I think everyone who was disappointed about what Coinbase did should stop using their platform and this way they are going to deleted themselves alone after declaring bankruptcy

[peonminer]

Although coinbase has some stigma surrounding it, as well as a long lead time from wire>coin>ability to send coin, I have never had any big issues with coinbase. They are pretty fast with transactions, offer instant transactions for coinbase to coinbase, and have never cheated me out of anything.

[Artemis3]

Considering the big controversy around Coinbase, how do you feel about the movement? I haven’t really found anyone protecting them with good arguments, so i’d love to know if anyone here has an opposing opinion and think ‘deleting coinbase’ is too far?

Vote with your wallet. If you don't like Coinbase, don't use it. I have never used it, and don't have an account with them. You have the freedom to take your business elsewhere, competition is the answer not State coercion.

[shesheboy]

idk what causes that issue but i do also have a bad experience before on coinbase   . thier service becomes bad because they ask for a verification ( which they dont have before )  that results for me to delete my coinbase wallet   . i switch on blockchain because blockchain is less hassel  and most importantly it is easy to use compare to coinbase  .  i agree on the propaganda  , they should delete coinbase because it sucks too much .

[steampunkz]

Considering the big controversy around Coinbase, how do you feel about the movement? I haven’t really found anyone protecting them with good arguments, so i’d love to know if anyone here has an opposing opinion and think ‘deleting coinbase’ is too far?

I dont have any idea about this topics but as far see the news, coinbase has been one of the trusted bitcoin exchange in to other major altcoins  they are working worldwide even partnered with banks and major credit cards. If coinbase will shutdown surely it can affect bitcoins price bigtime.

[cellard]

Coinbase deserve it. They do not care about cryptocurrency. They only care about their profit.

I mean, let's not forget that Coinbase is a business, not a charity. Them "only caring about their profit" is something to be really expected from a business. Same thing with the KYC controversy with ShapeShift. People forget that these services exist primarily to make money.

Which is also our duty as costumers to stop using services which are scammy and are basically selling your information around, putting you into flagged lists if you deposit the wrong set of bitcoins on it on your name, and so on. It is really insane that anyone would be using Coinbase in 2019. There's no point. They refuse to answer about many pressing questions.

Call me when Brian Armstrong answers these:

[pooya87]

i strongly disagree with all forms of social media drama like this one or the previous one (proofOfKeys). they are all nonsense and only add drama in my opinion.

as i said in the other topic in Exchanges board, you shouldn't have opened an account with Coinbase in first place IF you wanted to remain in control of your private keys and your privacy. but the day you opened that account you gave both up and now you can not complain about why they are doing what they are supposed to do. that is the nature of their business and being located in US doesn't help that either.

[jseverson]

Some people don't seem to get the context behind this (this has nothing to do with privacy or whatever), so here's a quick overview:

https://www.coindesk.com/bitcoin-delete-coinbase-neutrino-crypto

As for my own views, I think consumers exercising their right to boycott is a good thing for the market. If movements like this get enough traction, other companies may think twice about pulling off sleazy business decisions. Fire away with those hashtags!

I personally disagree with their acquisition, but I don't use Coinbase and had no plans at all to use them in the future anyway, so it doesn't concern me too much.

[mk4]

Which is also our duty as costumers to stop using services which are scammy and are basically selling your information around, putting you into flagged lists if you deposit the wrong set of bitcoins on it on your name, and so on.

That's fair. Though I'm personally more of informing the user on what they're giving up or risking when using Coinbase so they could decide for themselves if they want to continue on, as opposed to just telling people to not use it at all.

It is really insane that anyone would be using Coinbase in 2019. There's no point.

The thing is, I'm pretty sure we aren't the target audience of Coinbase. They're targetting those people who just saw a Coinbase advertisement then simply buy bitcoins through the advertised link; basically the people who aren't fond of doing research.

They refuse to answer about many pressing questions.

Unfortunately they can simply just not answer it just because they don't want to. Businesses that really aren't transparent is very common especially for those with a huge monopoly on certain niches (e.g. Google, Facebook, etc).

[ralle14]

Exactly, I don't know if this so called Twitter hashtag will bring some effect.

It did have an effect to coinbase, on this blog post it was mentioned that coinbase fired some of their neutrino employees.

It is really insane that anyone would be using Coinbase in 2019. There's no point.

The thing is, I'm pretty sure we aren't the target audience of Coinbase. They're targetting those people who just saw a Coinbase advertisement then simply buy bitcoins through the advertised link; basically the people who aren't fond of doing research.

This is actually accurate, a year ago when I asked my friend to repay me in bitcoins he was using coinbase. I could've told him to use a different exchange but the transaction is already done and afaik that's the last time he used a bitcoin exchange.

I dont have any idea about this topics but as far see the news, coinbase has been one of the trusted bitcoin exchange in to other major altcoins  they are working worldwide even partnered with banks and major credit cards. If coinbase will shutdown surely it can affect bitcoins price bigtime.

They are a big exchange but them shutting down won't affect the price in a big way. They're top 40 in the exchange rankings but their combined bitcoin trading volume is 0.41%.