Coinbase pissed off some people with lawyers

[TheWiseandUnwise]

Look, I lost a lot of money too....

You aren't fooling anyone 

Well you certainly helped the right traders make more money

You lost the right to complain the moment you bought in based on a speculative news, and coinbase was smart enough not to say anything until the prices calmed down.

Sue coinbase with those lawyers. Or just sit here and bitch because you know you fk'd up trying take advantage of the wave where you certainly would have made money off of late comers.

Take your pick

[coinsurfer12]

http://www.urbandictionary.com/define.php?term=rick+rolled&defid=2733819

My bad. You are right.

Now if only you would address my other points.

Look, I lost a lot of money too....

You aren't fooling anyone 

Ok, fine. I made a lot of money. I made $220,000 by buying BTC on margin.

Speaking of buying, I finally got my money on the Coinbase exchange. Trying to see what the fuss is all about. Took 4 freaking days to get my dollars in! I've bought some at $225, so that's why I'm not as upset anymore. Dollar cost averaging...

[BayAreaCoins]

coinbase was smart enough not to say anything until the prices calmed down.

Man... how smart of them  

Mmmmmm I love the taste of Shills in the morning!

Coinbase will be sued if they aren't interested in settling.  I hope to see that state take further action independently as well.

Now if only you would address my other points.

I'm not a good enough explainer. You can read the court papers in the future.

[waterpile]

So, coinbase wasn't really a legitimate exchanger? Is the news just and FUD? sorry im confused

[TheWiseandUnwise]

coinbase was smart enough not to say anything until the prices calmed down.

Man... how smart of them  

Mmmmmm I love the taste of Shills in the morning!

Stupid as stupid does. Fool and his money are quickly parted

"Shills" how pathetic to think you are important enough for coinbase to bother you with them LOL

So, coinbase wasn't really a legitimate exchanger? Is the news just and FUD? sorry im confused

They released something with news, it was either overstated/outright lied/fraudulent statement, and a bunch of idiots like bayareacoin lost their money trying to speculate on the news.

It is likely that coinbase did embellish their statement rather badly, but I doubt any of these speculators have any say in whether they are culpable for anything. Of course, they are always welcome to throw money at the lawyers to get back at coinbase for the incompetent business practices.

Either way, we win

[BayAreaCoins]

"Shills" how pathetic to think you are important enough for coinbase to bother you with them LOL

Guess it was important enough for Charlie to make his first post since OCT 2014 in response to me.

https://bitcointalk.org/index.php?topic=938514.msg10285298#msg10285298

[TheWiseandUnwise]

"Shills" how pathetic to think you are important enough for coinbase to bother you with them LOL

Guess it was important enough for Charlie to make his first post since OCT 2013 in response to me.

https://bitcointalk.org/index.php?topic=938514.msg10285298#msg10285298

Of course, if anyone else made that thread, he would not have bothered to say anything

Must be some entitled spoiled attitude to think that was directed specifically at you, not the news LOL

Typical california dipsht with more money then wits. Take that 220k loss as a good lesson and move on.

[BayAreaCoins]

Of course, if anyone else made that thread, he would not have bothered to say anything

Typical california dipsht with more money then wits. Take that 220k loss as a good lesson and move on.

More money than wits... that's hilarious.

About all I have is wits good sir/ma'am(s).  I'm happy to stand in front of a judge, community or anyone else for stuff that I think is right... what will you do?

Fuck off shill  You seem to have a lot of feelings mixed up in this

[TheWiseandUnwise]

Of course, if anyone else made that thread, he would not have bothered to say anything

Typical california dipsht with more money then wits. Take that 220k loss as a good lesson and move on.

More money than wits... that's hilarious.

About all I have is wits good sir/ma'am(s).  I'm happy to stand in front of a judge, community or anyone else for stuff that I think is right... what will you do?

Fuck off shill  You seem to have a lot of feelings mixed up in this

With all that sht talking and a thread going, you are in a place where you need to do something real if you want people to think it's not just you running your mouth

Let's see you put money where your mouth is - but you don't have the balls for that

[coinsurfer12]

"Shills" how pathetic to think you are important enough for coinbase to bother you with them LOL

Guess it was important enough for Charlie to make his first post since OCT 2013 in response to me.

https://bitcointalk.org/index.php?topic=938514.msg10285298#msg10285298

I just realized you are the same person that started the other thread! I guess Coinbase's fake office address also rick-rolled you. You are having a rough week!

[Q7]

Okay. Now I'm confused. And who is the bad guy. Are you telling me that the price was manipulated at some stage?

[TheWiseandUnwise]

Okay. Now I'm confused. And who is the bad guy. Are you telling me that the price was manipulated at some stage?

Basically, coinbase was being "cleverly" vague about their statements and possibly fraudulent. They claimed to have been licensed in california and other states in US when they clearly were not.

However, a bunch of idiots like bayareacoin tried to speculate on the coinbase news by buying in at the beginning, and are now btching at charlie lee and coinbase for "lying" when in fact, they were gambling on purely speculative grounds of their own accord.

So in short, we have a possibly fraudulent/embellished message sending company under threat of lawsuit and investigation by lawyers, and a bunch of speculative fools trying to moan about how they lost money on "fraud", not their own poor gambling wits.


Sht pile all around



But to answer the critical question, yes coinbase seems to have placed a rather misleading statement (if not an outright lie) about being licensed in CA and NY, and is under serious threat of legal investigation. They have been noted in the past for some shady "high risk" stoppage of trade orders among other strange irregularities in their businesses.

[BayAreaCoins]

Let's see you put money where your mouth is - but you don't have the balls for that

I wouldn't bet against my money, mouth or balls...



www.prnewswire.com/news-releases/coinbase-inc--national-securities-law-firm-investigates-licensure-of-coinbases-bitcoin-exchange-300028022.html

+ more to come I'm sure.

[NotLambchop]

Haha!



Your money is belong to us!

[TheWiseandUnwise]

Let's see you put money where your mouth is - but you don't have the balls for that

I wouldn't bet against my money, mouth or balls...

https://i.imgur.com/td9EonM.jpg

LOLOL this is gold

Yes you are certainly from california  

Let's hope that cash helps you with your impotence since you are clearly so easy to fk over


Now we want to see you flash that cash in charlie lee and coinbase people's face and post that photo. Seeing as you don't even have the balls to show your hand on that e-penis buttressing photo, we understand you don't have the balls to do anything other than flash some cash in front of your monitor (be careful not to show your hand, don't want other people to have any hints about who you are!).

LOL this is some major limp dick behavior.

[coinsurfer12]

I have yet to find where Coinbase claimed to have been licensed in CA and NY. They do make a very bold claim that they are the first regulated US exchange: http://blog.coinbase.com/post/109202118547/coinbase-launches-first-regulated-bitcoin-exchange
That's arguably wrong because there are other regulated US exchanges like CoinX and CoinSetter. But really, no one has a clear definition of what "regulated" means.

It seems to me that Coinbase told the press that they are launching a "regulated" exchange and that they support 24 states. And the press clearly jumped to the conclusion that Coinbase has licenses in all of these 24 states. And Coinbase didn't bother to correct them and that led to the statements from CA and NY, which were pretty embarrassing for Coinbase.

To go from this to having Coinbase be responsible for someone's speculative loss on BTC requires quite a bit of stretching the laws of consumer protection. If it were Coinbase stock, you might have a case. Even then, the price movements just don't match up.

[BayAreaCoins]

LOLOL this is gold

Yes you are certainly from california  

Let's hope that cash helps you with your impotence since you are clearly so easy to fk over


Now we want to see you flash that cash in charlie lee and coinbase people's face and post that photo. Seeing as you don't even have the balls to show your hand on that e-penis buttressing photo, we understand you don't have the balls to do anything other than flash some cash in front of your monitor (be careful not to show your hand, don't want other people to have any hints about who you are!).

LOL this is some major limp dick behavior.

My name is Steven Steiner.

This is a known thing....

I don't hide in hidden offices and I have the same backyard view as the Coinbase office that they tweeted.

Anything else mean you want to say

[stonehedge]

 Ha ha ha ha ha.  This is gold. 

Haven't really read the thread but the photo is priceless.

All bow before BayAreaCoins and his public display of some money! 

[BayAreaCoins]

Ha ha ha ha ha.  This is gold. 

Haven't really read the thread but the photo is priceless.

All bow before BayAreaCoins and his public display of some money! 

Trust me I'd rather not be here talking about this 

[TheWiseandUnwise]

I have yet to find where Coinbase claimed to have been licensed in CA and NY. They do make a very bold claim that they are the first regulated US exchange: http://blog.coinbase.com/post/109202118547/coinbase-launches-first-regulated-bitcoin-exchange
That's arguably wrong because there are other regulated US exchanges like CoinX and CoinSetter. But really, no one has a clear definition of what "regulated" means.

It seems to me that Coinbase told the press that they are launching a "regulated" exchange and that they support 24 states. And the press clearly jumped to the conclusion that Coinbase has licenses in all of these 24 states. And Coinbase didn't bother to correct them and that led to the statements from CA and NY, which were pretty embarrassing for Coinbase.

To go from this to having Coinbase be responsible for someone's speculative loss on BTC requires quite a bit of stretching the laws of consumer protection. If it were Coinbase stock, you might have a case. Even then, the price movements just don't match up.

LOLOL this is gold

Yes you are certainly from california  

Let's hope that cash helps you with your impotence since you are clearly so easy to fk over


Now we want to see you flash that cash in charlie lee and coinbase people's face and post that photo. Seeing as you don't even have the balls to show your hand on that e-penis buttressing photo, we understand you don't have the balls to do anything other than flash some cash in front of your monitor (be careful not to show your hand, don't want other people to have any hints about who you are!).

LOL this is some major limp dick behavior.

My name is Steven Steiner.

This is a known thing....

Good good, now let's see you do something real to back up all that sht talk

Go up to coinbase address and record your confrontation. You are to do so after all that btching and moaning you started


Or just sit in front of your monitor and flash cash again LOL

Ha ha ha ha ha.  This is gold.  

Haven't really read the thread but the photo is priceless.

All bow before BayAreaCoins and his public display of some money!  

This fker is having a serious case of limp dick impotence see how easily he gets fk'd haha