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Topic: Coinbase falling is a big deal (Read 1648 times)

sr. member
Activity: 254
Merit: 1258
May 25, 2016, 03:38:37 PM
#37
Sometimes I really feel this forum should be heavily moderated. So much FUD wherever one looks.
They moved it from the general discussion to Service Discussion which is no man's land except for signature campaigns.
sr. member
Activity: 254
Merit: 1258
May 25, 2016, 03:20:32 PM
#35
I just spoke to coinbase on the phone. Yes the phone. The guy I spoke to said they weren't aware of any issues. He seemed shocked I was able to get his number.

(800) 343-5845 is there support line which goes to a vm

(850) 728-9952 goes to Blake Ratliff - Works in compliance and investigations. This is the guy I spoke with who seems to be the right contact

(415) 513-9024 is the CEO Brian's direct line- was busy when I tried.
Im sure Brian's going to be happy today when he gets a heap of calls from people who just glanced at this topic and really think that Coinbase is going down.
They are just rebranding and adding a couple of additional coins.
they have to keep up with the times or they will fail, this is a good thing to happen for Coinbase users.
I think there are some serious trolls or shills who keep saying it's failing to cause panic.

how much money have u got in  Coinbase

u know defending them dosnt get ur money back

are u happy to know they lied and haven't insured any of ur funds?

call the poliice it's blatant fraud
Zero, I would never keep any crypto on an online wallet, that is just foolish. I keep my coins on multiple hardware wallets and on tyvek like paperwallet.  I am not even truly defending them, I am just saying that a rebranding doesn't mean they are failing.
legendary
Activity: 1638
Merit: 1010
https://www.bitcoin.com/
May 25, 2016, 05:44:25 PM
#31
Sometimes I really feel this forum should be heavily moderated. So much FUD wherever one looks.
Could be a very hard job to moderate the FUD out of this forum, it is everywhere.

Who could you trust to do this, what is FUD to one users can be considered telling the truth by another, although it is pretty easy to pick in this thread.
newbie
Activity: 9
Merit: 0
May 25, 2016, 05:33:52 PM
#30
well, i have my coins ready to go just in case.  Gemini just opened my new exchange account today and i've got a few new paper wallets handy.  

I seriously think this is nothing but it is always better to be safe than sorry.  Looking at something that is not backed by some kind of major insurance like FDIC or SIPC, I can see how this can freak people out.  First off having mass amounts of money in bitcoin is prob not a good idea to begin with.  Its way to volatile.  Diversification is the best bet.  Cash, stocks, bonds, bitcoin, gold, and so on.  

Remember the old saying "Pigs get fat... Hogs get slaughtered"  
legendary
Activity: 1652
Merit: 1007
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May 25, 2016, 03:32:59 PM
#29
Sometimes I really feel this forum should be heavily moderated. So much FUD wherever one looks.
legendary
Activity: 1120
Merit: 1008
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May 25, 2016, 02:34:45 PM
#28
it is really going to suck if another big bitcoin related service turns into scam and goes down, especially because they have been kind of a huge deal in bitcoin both for buying bitcoin and using as a wallet.
Coinbase is not turning into next mt gox for sure as i have heard they have some kind of financial insurance and they are running under governement authorization so they can't just run away with users fund. But later they have lots of withdrawl probelm as posted by several users here in forum.
They are also adding ethereum and litecoin option and rebranding thats why people are panicing thinking coinbase is against bitcoin but that is not. There are also other lots of bitcoin exchangers and wallet we can rely on.
legendary
Activity: 1946
Merit: 1137
May 25, 2016, 11:10:39 AM
#27
it is really going to suck if another big bitcoin related service turns into scam and goes down, especially because they have been kind of a huge deal in bitcoin both for buying bitcoin and using as a wallet.
legendary
Activity: 1652
Merit: 1088
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May 25, 2016, 09:06:51 AM
#26
A bunch of these FUD posts are popping up because coinbase enabled ETH trading today. They got tired of watching Bitcoin's utility and competitiveness be eroded away to benefit Blockstream's plans for a settlement layer model for BTC. As Core has capped the potential growth of the Bitcoin network... businesses, users, and investment will flow to competitors. It's not personal, it's just simple 101-level economics.

This. They are under concerted attack from people cross at them for adding Ether. What did blockstream expect? All the stuff they promised (SegWit etc) hasn't happened, and the network is getting more and more congested. It is natural for Coinbase to respond - because their users want an alternative too.
legendary
Activity: 1358
Merit: 1000
May 24, 2016, 10:38:51 PM
#25
I just spoke to coinbase on the phone. Yes the phone. The guy I spoke to said they weren't aware of any issues. He seemed shocked I was able to get his number.

(800) 343-5845 is there support line which goes to a vm

(850) 728-9952 goes to Blake Ratliff - Works in compliance and investigations. This is the guy I spoke with who seems to be the right contact

(415) 513-9024 is the CEO Brian's direct line- was busy when I tried.
Im sure Brian's going to be happy today when he gets a heap of calls from people who just glanced at this topic and really think that Coinbase is going down.
They are just rebranding and adding a couple of additional coins.
they have to keep up with the times or they will fail, this is a good thing to happen for Coinbase users.
I think there are some serious trolls or shills who keep saying it's failing to cause panic.

how much money have u got in  Coinbase

u know defending them dosnt get ur money back

are u happy to know they lied and haven't insured any of ur funds?

call the poliice it's blatant fraud
legendary
Activity: 1358
Merit: 1000
May 24, 2016, 10:35:28 PM
#24
I just spoke to coinbase on the phone. Yes the phone. The guy I spoke to said they weren't aware of any issues. He seemed shocked I was able to get his number.

(800) 343-5845 is there support line which goes to a vm

(850) 728-9952 goes to Blake Ratliff - Works in compliance and investigations. This is the guy I spoke with who seems to be the right contact

(415) 513-9024 is the CEO Brian's direct line- was busy when I tried.

Lol, serious? Not aware of any issues?

scammers never are
legendary
Activity: 3472
Merit: 10611
May 24, 2016, 10:19:23 PM
#23
yeah, i agree with this. if CoinBase does a scam/falls or closes down or whatever that would be so bad for bitcoin community because it is one of the easiest ways for NEW people to get into bitcoin by doing everything in one place: buying-selling-holding as a wallet.

although i have not yet seen any indication of them falling!
member
Activity: 115
Merit: 10
May 24, 2016, 10:16:37 PM
#22
I was just told on another thread that we should not panic about coinbase and that they aren't going out of business. There is apparently a rumor that they are having problems but it is just a rumor. I'm not going to worry about it right now because  they have been very stable for a long time as far as I can tell.

Where do you get your news from? They rebranted their exchange and added eth to it. Nothing more to it.

Coinbase's financial backers (IE ratfucking VC shitlords) need to see an ROI sufficiently exorbitant to justify their investment in such a speculative high-risk sector.

We have been hearing rumors Coinbase has been unable to deliver such an ROI, nor provide a credible plan to attain one.

This provides a non-trivial amount of possible insight into Coinbase's recent anti-Bitcoin behavior.

Coinbase's business plan was to position itself as the premier rent-collecting bottleneck between fiat and Bitcoin.

But that hasn't worked out, for a plethora of reasons we need not digress into here.

In sheer desperation, Coinbase has now gone 100% Full Buttcoiner, doubling down on their CEO's previous Core trolling with Precious Fred's recent (and predictable) ETH Manifesto.

Should things get out of hand, I anticipate Szaboshi will end, with one of his trademark Domination Tweets, this latest chapter in the Great Schism.   Cool

Stahp! my sides! How much money have your buddies' Blockstream raked in from these shitlords again?? Where is their revenue? Surely dwarfs the amount of business Coinbase does?

The whole reason we got into this mess was because Blockstream doesn't have a business model unless they can cripple the utility and throughput of the native Bitcoin network. In their arrogance they forgot that they don't have a monopoly on cryptographic value transfer... Competitors are now coming in to fill the demand Bitcoin can't. It hasn't worked quite as well for your pet coin Monero as you might have hoped and planned, but it is happening.

The only thing I see is Coinbase diversifying itself away from being completely reliant on, and invested in, a network that has become the plaything and tinker-ground of Blockstream. They'd be fools not to at this point. 

legendary
Activity: 2156
Merit: 1072
Crypto is the separation of Power and State.
May 24, 2016, 09:13:16 PM
#21
I was just told on another thread that we should not panic about coinbase and that they aren't going out of business. There is apparently a rumor that they are having problems but it is just a rumor. I'm not going to worry about it right now because  they have been very stable for a long time as far as I can tell.

Where do you get your news from? They rebranted their exchange and added eth to it. Nothing more to it.

Coinbase's financial backers (IE ratfucking VC shitlords) need to see an ROI sufficiently exorbitant to justify their investment in such a speculative high-risk sector.

We have been hearing rumors Coinbase has been unable to deliver such an ROI, nor provide a credible plan to attain one.

This provides a non-trivial amount of possible insight into Coinbase's recent anti-Bitcoin behavior.

Coinbase's business plan was to position itself as the premier rent-collecting bottleneck between fiat and Bitcoin.

But that hasn't worked out, for a plethora of reasons we need not digress into here.

In sheer desperation, Coinbase has now gone 100% Full Buttcoiner, doubling down on their CEO's previous Core trolling with Precious Fred's recent (and predictable) ETH Manifesto.

Should things get out of hand, I anticipate Szaboshi will end, with one of his trademark Domination Tweets, this latest chapter in the Great Schism.   Cool
member
Activity: 67
Merit: 10
May 24, 2016, 08:50:25 PM
#20
I just spoke to coinbase on the phone. Yes the phone. The guy I spoke to said they weren't aware of any issues. He seemed shocked I was able to get his number.

(800) 343-5845 is there support line which goes to a vm

(850) 728-9952 goes to Blake Ratliff - Works in compliance and investigations. This is the guy I spoke with who seems to be the right contact

(415) 513-9024 is the CEO Brian's direct line- was busy when I tried.

https://www.linkedin.com/in/blake-ratliff-81450957



I'll give you a nickle if you find anything remotely related to M.H.R. Land Surveyors.


http://www.mhreng.com/services/land-surveying_13.html


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Based in Texas.
Hey a nickel is a nickel (unless it is a bitnickel)
sr. member
Activity: 392
Merit: 250
May 24, 2016, 08:26:10 PM
#19
I was just told on another thread that we should not panic about coinbase and that they aren't going out of business. There is apparently a rumor that they are having problems but it is just a rumor. I'm not going to worry about it right now because  they have been very stable for a long time as far as I can tell.

Where do you get your news from? They rebranted their exchange and added eth to it. Nothing more to it.
vip
Activity: 1428
Merit: 1145
May 24, 2016, 07:19:01 PM
#18
I just spoke to coinbase on the phone. Yes the phone. The guy I spoke to said they weren't aware of any issues. He seemed shocked I was able to get his number.

(800) 343-5845 is there support line which goes to a vm

(850) 728-9952 goes to Blake Ratliff - Works in compliance and investigations. This is the guy I spoke with who seems to be the right contact

(415) 513-9024 is the CEO Brian's direct line- was busy when I tried.

https://www.linkedin.com/in/blake-ratliff-81450957



I'll give you a nickle if you find anything remotely related to M.H.R. Land Surveyors.
legendary
Activity: 2912
Merit: 1068
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May 24, 2016, 07:14:23 PM
#17
We are  living in thew cyber age, things like this happen. It's very possible that they have been hacked, unfortunately today this is a "normal" risk in online business. But the major issue here , to my opinion, is not if they were hacked or not, or if there is some other security issue, but the problem is how will they handle it, what will they say to their clients and what wll they do that this doesn't happen in the future anymore. And if clients suffered any damage how will they compensate it and how quickly are they able to re-establish they reputation again.
vip
Activity: 1428
Merit: 1145
May 24, 2016, 07:04:10 PM
#16
I think coinbase is not a good solid exchange for now, bitstamp is more better and reliable than it, as it is the first national licensed bitcoin exchange and with that a number of people are redirected to it and they shifted their trade to there.
You really make me feel like this is a shill account and that you are being paid. You also said just 14 days ago you use coinbase and feel secure saving your coins in their wallet. So which is it?

Is this the first case of quantum entanglement where the counterpart doesn't flip? Perhaps, the event times are too close together. Let's wait a few months and see what happens.
legendary
Activity: 1442
Merit: 1000
May 24, 2016, 06:59:41 PM
#15
unfortunately its still the wild west out there.

we wont know the IBM of bitcoin vs the failed bitcoin
start up for years. Its the reason why I dont think anyone
should keep or use just one exchange. Especially after what
happened with gox.
sr. member
Activity: 364
Merit: 254
CryptoTalk.Org - Get Paid for every Post!
May 24, 2016, 06:49:48 PM
#14
I was just told on another thread that we should not panic about coinbase and that they aren't going out of business. There is apparently a rumor that they are having problems but it is just a rumor. I'm not going to worry about it right now because  they have been very stable for a long time as far as I can tell.
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