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Author Topic: Is Coinbase Becoming More Like Paypal?  (Read 1900 times)
cubanos (OP)
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February 19, 2015, 12:57:29 PM
 #1

Does it?
http://bitforum.info/t/is-coinbase-becoming-more-like-paypal/303/1

What are the other alternative aside from Coinbase?
Since from the start I am working around Coinbase already.
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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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February 19, 2015, 01:00:16 PM
 #2

In my opinion any exchangers out there is becoming like Paypal . We need a decentralized Exchanger and not a website that asks us for our Phone numbers , Bills and ID/Passport verification , where is being "annonymus" , This defeats the whole purpose of Bitcoin to be honest .

~ Madness

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February 19, 2015, 01:13:49 PM
 #3

In my opinion any exchangers out there is becoming like Paypal . We need a decentralized Exchanger and not a website that asks us for our Phone numbers , Bills and ID/Passport verification , where is being "annonymus" , This defeats the whole purpose of Bitcoin to be honest .

~ Madness

localbitcoins or the bitcoin-otc is the answer

I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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February 19, 2015, 01:20:49 PM
 #4

Well, many people claim that people do want the safety PayPal gives them. And I concur. I think many people don't care for the freedom Bitcoin offers, they just want an easy-to-use system with which they can pay for something online, unfortunately. You have to keep in mind that we're some sort of perfectionists or people who have an agenda - Bitcoin replacing old systems.

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February 19, 2015, 01:24:37 PM
 #5

Can always opt for other exchangers if you are not happy. There are so many out there right now. After all, that are your own coins you are putting in the account.

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February 19, 2015, 01:25:21 PM
 #6

In my opinion any exchangers out there is becoming like Paypal . We need a decentralized Exchanger and not a website that asks us for our Phone numbers , Bills and ID/Passport verification , where is being "annonymus" , This defeats the whole purpose of Bitcoin to be honest .

~ Madness

Yes, this will be ideal scenario (to receive money without providing personal info or ID) for most users but international money laundry laws are more and more strict each day and I'm afraid that this is not longer possible.
In fact this compromise basic idea behind bitcoin, that our info is protected and secure and all users are anonymous.


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cubanos (OP)
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February 19, 2015, 03:19:34 PM
 #7

Can always opt for other exchangers if you are not happy. There are so many out there right now. After all, that are your own coins you are putting in the account.

Like?
picolo
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February 19, 2015, 04:33:22 PM
 #8

Does it?
http://bitforum.info/t/is-coinbase-becoming-more-like-paypal/303/1

What are the other alternative aside from Coinbase?
Since from the start I am working around Coinbase already.

There are many alternatives to coinbase but coinbase is one of the safest and more trustworthy companies like blockchain.
WEBcreator
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February 19, 2015, 04:50:25 PM
 #9

Does it?
http://bitforum.info/t/is-coinbase-becoming-more-like-paypal/303/1

What are the other alternative aside from Coinbase?
Since from the start I am working around Coinbase already.

There are many alternatives to coinbase but coinbase is one of the safest and more trustworthy companies like blockchain.

indeed , coinbase is one of the safest, choice is on our hands wether to use it or not, but im really against if coinbase turning into "paypal"

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Possum577
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February 19, 2015, 07:35:12 PM
 #10

In my opinion any exchangers out there is becoming like Paypal . We need a decentralized Exchanger and not a website that asks us for our Phone numbers , Bills and ID/Passport verification , where is being "anonymus" , This defeats the whole purpose of Bitcoin to be honest .

~ Madness

The offline wallet is the original "exchanger". If you don't like the additional conveniences that a company like Coinbase provides, don't do business with them...do business the original way by managing your own wallet.

angeloanggam
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February 20, 2015, 01:28:26 AM
 #11

Does it?
http://bitforum.info/t/is-coinbase-becoming-more-like-paypal/303/1

What are the other alternative aside from Coinbase?
Since from the start I am working around Coinbase already.

If you do not want change and happy with coinbase, why then you want to change.

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Madness
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February 20, 2015, 07:28:50 AM
 #12

In my opinion any exchangers out there is becoming like Paypal . We need a decentralized Exchanger and not a website that asks us for our Phone numbers , Bills and ID/Passport verification , where is being "anonymus" , This defeats the whole purpose of Bitcoin to be honest .

~ Madness

The offline wallet is the original "exchanger". If you don't like the additional conveniences that a company like Coinbase provides, don't do business with them...do business the original way by managing your own wallet.

Well that's exactly what I'am doing , I never used an Online wallet/exchanger , and I never will . I prefer trading on forums directly with people using trusted Escrows or whatever . at least I don't have some huge fees , also don't need to provide my real informations to people.

~ Madness

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February 20, 2015, 09:28:52 AM
 #13

In my opinion any exchangers out there is becoming like Paypal . We need a decentralized Exchanger and not a website that asks us for our Phone numbers , Bills and ID/Passport verification , where is being "anonymus" , This defeats the whole purpose of Bitcoin to be honest .

~ Madness

The offline wallet is the original "exchanger". If you don't like the additional conveniences that a company like Coinbase provides, don't do business with them...do business the original way by managing your own wallet.

Well that's exactly what I'am doing , I never used an Online wallet/exchanger , and I never will . I prefer trading on forums directly with people using trusted Escrows or whatever . at least I don't have some huge fees , also don't need to provide my real informations to people.

~ Madness

Fees and conversion rate kill trading and any activity.
sandy47bt
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February 20, 2015, 12:34:39 PM
 #14

Never use coinbase, their service as wallet & exchange are totally bad Sad
Maybe you want to try blockchain.info walle Smiley
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