Coinbase is a fucking joke

Lokthan said:

Lol yeah that’s why a ton of people have switched over to other platforms to initially do a fiat purchase. I’ve personally had shit exactly like this happen with them a few times.

Ironic though today coinbase announced the updates they are doing is to allow instant purchases... hahahaha


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GJ503 said:

I order $1,000 worth of bitcoin through Coinbase expecting that once the funds cleared my account they would be available to send. Turns out Coinbase is doing updates and the funds are not available until August 28th. This is from their site "Over the next few weeks, we will be rolling out improvements to your Coinbase account that will increase your buy and sell limits. When this change is enabled, you will be able to buy up to $25,000 a day, have immediate access to trading your digital currency purchases, and sell the full balance of digital currency in your account. We hope that this increased flexibility will result in a better investing experience on Coinbase."

When purchasing the bitcoin it made no mention that my account would be on hold for nearly a month. I should have done a Google search prior to my purchase because there are a ton of complaints, including a SEC investigation and a low BBB rating. I'm sure there are other reputable ways to purchase and sell bitcoin but Coinbase is not one.

Additionally, in the five days since I bought the bitcoin, which I cannot fucking sell or send, it has lost nearly $100 in value.

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Lokthan said:

Lol yeah that’s why a ton of people have switched over to other platforms to initially do a fiat purchase. I’ve personally had shit exactly like this happen with them a few times.

Ironic though today coinbase announced the updates they are doing is to allow instant purchases... hahahaha


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tren2k14 said:

Who is this guy? Didn’t even know he still lifts


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GJ503 said:

I order $1,000 worth of bitcoin through Coinbase expecting that once the funds cleared my account they would be available to send. Turns out Coinbase is doing updates and the funds are not available until August 28th. This is from their site "Over the next few weeks, we will be rolling out improvements to your Coinbase account that will increase your buy and sell limits. When this change is enabled, you will be able to buy up to $25,000 a day, have immediate access to trading your digital currency purchases, and sell the full balance of digital currency in your account. We hope that this increased flexibility will result in a better investing experience on Coinbase."

When purchasing the bitcoin it made no mention that my account would be on hold for nearly a month. I should have done a Google search prior to my purchase because there are a ton of complaints, including a SEC investigation and a low BBB rating. I'm sure there are other reputable ways to purchase and sell bitcoin but Coinbase is not one.

Additionally, in the five days since I bought the bitcoin, which I cannot fucking sell or send, it has lost nearly $100 in value.

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Lokthan said:

Barely lol. Didn’t realize both of us being in school full time was going to consume our lives lol. Haven’t even had the focus or good environment to stay on diet


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GJ503 said:

Man you would be focused if you used the gym at my university, but the focus would not be on lifting.

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