Topic: BTC dropping on BTC-E but not Coinbase (Read 1447 times)
That's how The Great Crash will begin.
probably because they don't have a trollbox that panics other users into dumping irrationally. and i'm guessing maybe Coinbase doesnt have as many traders either. Virwox is like that too. low volume, so you don't see the same volatility that you see on gox or btc-e.
hahaha that's hilarious
but also very true from my observation of the troll box 
BTC-E is so panicky and volatile. I love it.
The volatility is great.
I use coinbase and I fucking hate it. Treat their customers like shit, lie about when transactions are going to be done. Takes 24 fucking hours to get coins out of there, singlehandedly made me like 20% of my investment...
Nonsense, with one exception every single coinbase request to transfer out my BTC has been picked up immediately by the network and included in the next block.
They have also honored every single purchase transaction, even when I temporarily ran out of bank funds one time during the $200 -> $400 ramp. My bank overdrafted and it took me 5 extra days to fund the account, but somehow after I did so the transaction still cleared. Coinbase easily could have canceled the buy transaction (bought at ~$230/BTC and bank account wasn't funded till price was >$400/BTC), but they honored the original transaction and buy price. I will forever respect them for that.
Coinbase's price is slightly higher than bitstamp, but the advantage is you can lock a price in immediately, while wiring money to bitstamp takes several days and the price can move on you a lot in that time.
Their purchase limits are needed to protect them because people can reverse bank transactions weeks after. You have to do business with them 30 days before you can start real buying.
I bought one btc Nov 9th for $307. When I tried to buy another, I was told that my first purchase had to be
completed before buying any more. After several days my first btc purchase was still "pending" and I was informed that my initial buy would be
cleared on Nov 18th! Finally my btc showed up in my account but now I see that Coinbase is requiring a 30 day wait
before I can buy more bitcoins! Apparently this exchange does not want my business. I'm done with Coinbase's Coin of the Month Club.
completed before buying any more. After several days my first btc purchase was still "pending" and I was informed that my initial buy would be
cleared on Nov 18th! Finally my btc showed up in my account but now I see that Coinbase is requiring a 30 day wait
before I can buy more bitcoins! Apparently this exchange does not want my business. I'm done with Coinbase's Coin of the Month Club.
It's all about fraud and risk profiles, especially when doing business in the US with a bank that wants to know everything about that money you just sent there. Coinbase's host bank will drop as soon as they have any legit claims of failed consumer protections, something bitcoin is not setup to provide.
I bought one btc Nov 9th for $307. When I tried to buy another, I was told that my first purchase had to be
completed before buying any more. After several days my first btc purchase was still "pending" and I was informed that my initial buy would be
cleared on Nov 18th! Finally my btc showed up in my account but now I see that Coinbase is requiring a 30 day wait
before I can buy more bitcoins! Apparently this exchange does not want my business. I'm done with Coinbase's Coin of the Month Club.
completed before buying any more. After several days my first btc purchase was still "pending" and I was informed that my initial buy would be
cleared on Nov 18th! Finally my btc showed up in my account but now I see that Coinbase is requiring a 30 day wait
before I can buy more bitcoins! Apparently this exchange does not want my business. I'm done with Coinbase's Coin of the Month Club.
probably because they don't have a trollbox that panics other users into dumping irrationally. and i'm guessing maybe Coinbase doesnt have as many traders either. Virwox is like that too. low volume, so you don't see the same volatility that you see on gox or btc-e.
Coinbase is out of coins for sale again. So Coinbase users can't take advantage of this drop (they'll get whatever the price happens to be on Thursday). Can't wait until CampBX gets ACH.
And Coinbase follows most closely to Bitstamp (usually about $3 over).
It's not giving me that warning like it was last week. It's still saying up to 10 BTC available instantly though I haven't tried to actually buy.
probably because they don't have a trollbox that panics other users into dumping irrationally. and i'm guessing maybe Coinbase doesnt have as many traders either. Virwox is like that too. low volume, so you don't see the same volatility that you see on gox or btc-e.
Coinbase is out of coins for sale again. So Coinbase users can't take advantage of this drop (they'll get whatever the price happens to be on Thursday). Can't wait until CampBX gets ACH.
And Coinbase follows most closely to Bitstamp (usually about $3 over).
I use coinbase and I fucking hate it. Treat their customers like shit, lie about when transactions are going to be done. Takes 24 fucking hours to get coins out of there, singlehandedly made me like 20% of my investment...
BTC-E is so panicky and volatile. I love it.
probably because they don't have a trollbox that panics other users into dumping irrationally. and i'm guessing maybe Coinbase doesnt have as many traders either. Virwox is like that too. low volume, so you don't see the same volatility that you see on gox or btc-e.
Coinbase is out of coins for sale again. So Coinbase users can't take advantage of this drop (they'll get whatever the price happens to be on Thursday). Can't wait until CampBX gets ACH.
And Coinbase follows most closely to Bitstamp (usually about $3 over).
probably because they don't have a trollbox that panics other users into dumping irrationally. and i'm guessing maybe Coinbase doesnt have as many traders either. Virwox is like that too. low volume, so you don't see the same volatility that you see on gox or btc-e.
why?
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