Coinbase issues | Bitcointalksearch.org

numeracci

newbie

Activity: 129

Merit: 0

Quote from: BitHodler on January 19, 2018, 06:03:13 PM

Quote from: Swopon on January 19, 2018, 04:56:16 PM

About 4/5 days ago i send about 145$ in another coinbase wallet from my coinbase account.After transaction i saw that he only received about 1.45$.And i have been hearing a lot of technical issues recently in coinbase

I don't think I understand what you are referring to. Have you sent $145 in Bitcoin to another Coinbase account, and that person just got credited $1.45? Which is just 1% of your initial amount. Sorry, but that's not very convincing.

In some cases there definitely are certain fees involved, but this is just not realistic. So from there I assume you are talking about something different, but just don't know what describe your issue properly.

I am using Coinbase quite regularly to pay out certain people, and thus far everything has gone through smoothly without any issues. The only issue I ever had was a 1 hour delay to withdraw Bitcoin.

Actually that happened to me as well. Most of the time the transaction were empty or just with a couple dollars in it (10% could be realistic).
You understand that sending just 1 or 2 dollars to an exchange means you can't use them...and you even paying fees!

Aleister Crowley

hero member

Activity: 966

Merit: 501

Quote from: numeracci on January 18, 2018, 02:12:27 PM

Hi people,
holding some BTC on CB, I tried to send to other exchanges these days, but I encounterd problems. Basically they didn't execute the whole transaction, I paid just fees but no money sent. Now you understand this can be really annoying. I contacted the customer service but no answer, while I lost fees for three empty transaction.
Anyone else had problems with Coinbase recently or it's just me? Huh

the end of this indeed many have problems with coinbase ,. I do not know what's going on there, but I think it's just because there's a bit of improvement there, so there may be some problems there ,, but I'm sure the coinbase has an explanation for every problem that is going on ....

Anti-Cen

member

Activity: 210

Merit: 26

High fees = low BTC price

Coinbase are scammers and did not give my my $10 joining bonus and they display the BTC price
but you get nothing like that rate when you buy plus they pretend to crash during peeks so they
can front run trades.

You will love playing around with SEPA when you try to use them to take money out and put
it in your banks. TRy to avoid them at all costs

BitHodler

legendary

Activity: 1526

Merit: 1179

Quote from: Swopon on January 19, 2018, 04:56:16 PM

About 4/5 days ago i send about 145$ in another coinbase wallet from my coinbase account.After transaction i saw that he only received about 1.45$.And i have been hearing a lot of technical issues recently in coinbase

I don't think I understand what you are referring to. Have you sent $145 in Bitcoin to another Coinbase account, and that person just got credited $1.45? Which is just 1% of your initial amount. Sorry, but that's not very convincing.

In some cases there definitely are certain fees involved, but this is just not realistic. So from there I assume you are talking about something different, but just don't know what describe your issue properly.

I am using Coinbase quite regularly to pay out certain people, and thus far everything has gone through smoothly without any issues. The only issue I ever had was a 1 hour delay to withdraw Bitcoin.

Cassy14

member

Activity: 237

Merit: 10

Quote from: numeracci on January 18, 2018, 02:12:27 PM

Hi people,
holding some BTC on CB, I tried to send to other exchanges these days, but I encounterd problems. Basically they didn't execute the whole transaction, I paid just fees but no money sent. Now you understand this can be really annoying. I contacted the customer service but no answer, while I lost fees for three empty transaction.
Anyone else had problems with Coinbase recently or it's just me? Huh

I did the same like you i sent same bitcoin from coinbase to kucoin and binance after 6 confirmation my bitcoin is already on exchanges.
actually, the bitcoin i sent before grew with 70% profit now.

darkfox12

jr. member

Activity: 56

Merit: 3

Yea CB seems hit or miss. Some days they're smooth as butter, other times it's a real nightmare. I have Gemini as well, they've been good so far.

Swopon

copper member

Activity: 700

Merit: 120

Gamdom

About 4/5 days ago i send about 145$ in another coinbase wallet from my coinbase account.After transaction i saw that he only received about 1.45$.And i have been hearing a lot of technical issues recently in coinbase

Walrus1

member

Activity: 182

Merit: 20

I've been having a lot of technical issues with the site lately, can't even change to g Dax at the moment cause these issues

fabianji

member

Activity: 70

Merit: 12

I regularly use Coinbase to purchase coins and tokens usuing Fiat and then send them to other exchanges to trade for smaller alt coins and never so far had any issues.

numeracci

newbie

Activity: 129

Merit: 0

Quote from: codewench on January 19, 2018, 04:12:21 AM

Quote from: numeracci on January 18, 2018, 08:11:51 PM

Yes, I get the hash but the problem is the site not sending money, they returned the amount to my account and sent fees to other address, an empty transaction to be clear, just fees.

This sounds like you sent from your Coinbase account to your Coinbase receive address. Because this is a nonsense transaction, there is no reason for Coinbase to detect and optimize this as a null operation.

Really don't think so, I pay a lot of attenction when sending my coins and never had similar issues.
Even if a mistake can occur, it's not possible I did it 7-8 times.

Guzztsar

sr. member

Activity: 420

Merit: 252

Quote from: richardsNY on January 18, 2018, 07:09:50 PM

Quote from: Guzztsar on January 18, 2018, 06:55:44 PM

You're right, services like these needs to treat better our money.

They don't care about you or other people. Coinbase is currently on such a level, that they calculate everything in terms of what for them the most profitable actions are. If they genuinely want, they can improve their entire operations significantly, but that would require them to invest big time in order to achieve that. For that reason they just look to make minimal adjustments and improvements that will not mess up their results too much at the end of the year. That basically applies to any larger operation that has to satisfy its share holders. It's a system each and every larger growing business will get sucked into. At first you as user are very precious, and later on when their reputation is build up, you are nothing to them anymore. That's why you shouldn't leave any funds on these centralized platforms....

Sad but true. They're all responsive and concerned about their customers until they get consolidated. The overload of new users is more than predictable, but need expenses in behalf of customer needs, so, we can expected increasingly severe issues over the time.

codewench

member

Activity: 93

Merit: 39

Quote from: numeracci on January 18, 2018, 08:11:51 PM

Yes, I get the hash but the problem is the site not sending money, they returned the amount to my account and sent fees to other address, an empty transaction to be clear, just fees.

This sounds like you sent from your Coinbase account to your Coinbase receive address. Because this is a nonsense transaction, there is no reason for Coinbase to detect and optimize this as a null operation.

numeracci

newbie

Activity: 129

Merit: 0

Quote from: dynospytan on January 18, 2018, 07:15:47 PM

Quote from: numeracci on January 18, 2018, 02:12:27 PM

Hi people,
holding some BTC on CB, I tried to send to other exchanges these days, but I encounterd problems. Basically they didn't execute the whole transaction, I paid just fees but no money sent. Now you understand this can be really annoying. I contacted the customer service but no answer, while I lost fees for three empty transaction.
Anyone else had problems with Coinbase recently or it's just me? Huh

Did you get a tx or hash so you can track where your money is. Tx or hash is very important so we could know if the transaction is already successful. There some cases also that some exchanges sites requires a minimum deposit on their site.

Yes, I get the hash but the problem is the site not sending money, they returned the amount to my account and sent fees to other address, an empty transaction to be clear, just fees.

dynospytan

sr. member

Activity: 364

Merit: 256

Quote from: numeracci on January 18, 2018, 02:12:27 PM

Hi people,
holding some BTC on CB, I tried to send to other exchanges these days, but I encounterd problems. Basically they didn't execute the whole transaction, I paid just fees but no money sent. Now you understand this can be really annoying. I contacted the customer service but no answer, while I lost fees for three empty transaction.
Anyone else had problems with Coinbase recently or it's just me? Huh

Did you get a tx or hash so you can track where your money is. Tx or hash is very important so we could know if the transaction is already successful. There some cases also that some exchanges sites requires a minimum deposit on their site.

richardsNY

legendary

Activity: 1232

Merit: 1091

Quote from: Guzztsar on January 18, 2018, 06:55:44 PM

You're right, services like these needs to treat better our money.

They don't care about you or other people. Coinbase is currently on such a level, that they calculate everything in terms of what for them the most profitable actions are. If they genuinely want, they can improve their entire operations significantly, but that would require them to invest big time in order to achieve that. For that reason they just look to make minimal adjustments and improvements that will not mess up their results too much at the end of the year. That basically applies to any larger operation that has to satisfy its share holders. It's a system each and every larger growing business will get sucked into. At first you as user are very precious, and later on when their reputation is build up, you are nothing to them anymore. That's why you shouldn't leave any funds on these centralized platforms....

Guzztsar

sr. member

Activity: 420

Merit: 252

Quote from: numeracci on January 18, 2018, 04:34:35 PM

Quote from: Guzztsar on January 18, 2018, 03:22:46 PM

Quote from: numeracci on January 18, 2018, 02:12:27 PM

Hi people,
holding some BTC on CB, I tried to send to other exchanges these days, but I encounterd problems. Basically they didn't execute the whole transaction, I paid just fees but no money sent. Now you understand this can be really annoying. I contacted the customer service but no answer, while I lost fees for three empty transaction.
Anyone else had problems with Coinbase recently or it's just me? Huh

Did you got the transaction hash? or the value was simply returned to your wallet and fees was deducted?
A time ago i have one problem with coinbase, got a fast response and my problem was solved, anyway, it's better to use some hardware wallet

Exactly.
Very disappointing.
Especially in some market situation. Undecided

You're right, services like these needs to treat better our money.
Don't let this pass, if possible take some screenshots and try their support, email, social media, everything you could.

CryptoBeefy

full member

Activity: 378

Merit: 100

I've never had any issues when I've used Coinbase and I have a little Bitcoin Cash but havent tried to withdraw. They did say they were hoping to open up buying and selling of it early January but that hasn't materialised.

Huskerz1

jr. member

Activity: 42

Merit: 3

I have not had a large problem with CB. Just little annoyances like why is the price I buy at generally greater than the current price on GDAX? Why is the price I sell at generally lower than the current price on GDAX? Just little annoyances like that. Nickel and dime stuff but annoying.

harriette

member

Activity: 173

Merit: 11

I use quite a lot of wallets to store my coin coin on a particular coinbase bitcoin. I find that the interface used by coinbase is very simple, it allows you to create multiple addresses in one account, which makes it easier to exchange in the market. Trust in credibility and long time development in the cryptocurrency market to choose coinbase and I am satisfied with the service of coinbase.

Yakamoto

legendary

Activity: 1218

Merit: 1007

Quote from: numeracci on January 18, 2018, 02:12:27 PM

Hi people,
holding some BTC on CB, I tried to send to other exchanges these days, but I encounterd problems. Basically they didn't execute the whole transaction, I paid just fees but no money sent. Now you understand this can be really annoying. I contacted the customer service but no answer, while I lost fees for three empty transaction.
Anyone else had problems with Coinbase recently or it's just me? Huh

Coinbase is a bad platform and I'll never be interested in using their services or recommending them, based on the anecdotal information (and some personal experiences) that I have seen on this forum and from using their sites and services. I personally would be against you using their platform as well, but it is up to you to decide if you want to continue using their website. I would transfer money out whenever you get the chance and when the fees are low enough.

A lot of other people have had similar issues with their platform, so you're not alone. It seems to have a bit of variety to every issue though, so I can't say that your specific brand has been encountered yet.

Topic: Coinbase issues (Read 269 times)