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Topic: Coinbase added a fees now - page 4. (Read 2196 times)

sr. member
Activity: 364
Merit: 250
March 23, 2017, 06:05:54 PM
#7
Yeah even i saw the fees and i wasn't that happy with that but then i realised that coinbase is a business after all and they were the only one who never charged fees. I saw some people mentioning that the fees is charged for faster transactions but that's wrong the fees was introduced yesterday and the speed was still really slow cor me.
Nope not just coinbase only not charging fees in every transaction, also coins.ph but it strictly for philippines user only, Anyways me too wasn't not happy and didn't want to happen this from coinbase but it should be because business is business there's no free.....
hero member
Activity: 672
Merit: 500
March 23, 2017, 02:39:48 PM
#6
Yeah even i saw the fees and i wasn't that happy with that but then i realised that coinbase is a business after all and they were the only one who never charged fees. I saw some people mentioning that the fees is charged for faster transactions but that's wrong the fees was introduced yesterday and the speed was still really slow cor me.
legendary
Activity: 1288
Merit: 1087
March 23, 2017, 02:38:28 PM
#5
it's inevitable and everyone should be thankful they paid up for so long. if they carried on paying fees it would add up to tens or hundreds of thousands of dollars per month. this is the way everything's going right now.

on the other side a few merchants are now accepting bitcoin payments direct from coinbase wallets which means it's an off chain transaction and won't cost you anything. if you buy stuff with bitcoin it's worth keeping an eye out for that because soon enough it'll be too expensive to buy small stuff with bitcoin on chain.
hero member
Activity: 1092
Merit: 504
★Bitvest.io★ Play Plinko or Invest!
March 23, 2017, 02:36:17 PM
#4
I used Coinbase extensively while I was collecting a small amount from various faucets and it was free to transfer, so I didn't lost any satoshi. I think that many beginners who are still using faucets are left now with a big trouble. 0.0005 BTC fee is very high for faucet guys and I don't know any solution to transfer your BTC for free.
newbie
Activity: 40
Merit: 0
March 23, 2017, 02:29:21 PM
#3
One of the main reasons to use Coinbase was that they didn't have fees. Now looks it's just more one online wallet and there isn't special reasons to use it anymore... And there is that issue with gambling sites too. Maybe they had to add fees as they need fast transactions and without charging users they could have losses.
I think that people mainly use it for its purpose as an exchange.  It's quite convenient for people who are not actually much good at trading and just need something obvious to buy and sell when they want into a "wallet".
hero member
Activity: 1190
Merit: 525
CryptoTalk.Org - Get Paid for every Post!
March 23, 2017, 01:17:28 PM
#2
One of the main reasons to use Coinbase was that they didn't have fees. Now looks it's just more one online wallet and there isn't special reasons to use it anymore... And there is that issue with gambling sites too. Maybe they had to add fees as they need fast transactions and without charging users they could have losses.
sr. member
Activity: 364
Merit: 250
March 23, 2017, 01:14:40 PM
#1
What is your reaction regarding to all coinbase user that they add fees now, actually i just know this 1 hour ago when i tried to send a btc to my mycelium account and when i try to send all my balances it seems say that is not worth it and i try to decrease it .001 as usual it confirmed with 50k satoshi fee....

Anybody coinbase user here... What is your reaction or feedbacks about in coinbase that it add fees now?

And also what is disadvantage will happen?

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