Coinbase pissed off some people with lawyers - page 2.

rm1023

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Quote from: BayAreaCoins on January 31, 2015, 06:19:08 PM

Quote from: ElectricMucus on January 31, 2015, 05:51:37 PM

But whatever happened to "Buy the rumor, sell the news."?

Buy the fake news, sell on reality Sad

It wasn't a rumor it was a flat out lie.

If you purchased Bitcoin from Coinbase on Sunday/Monday morning or are a
"rick rolled" victim please be sure to contact:

[email protected]

It is 100% confidential contacting him.

(This is the law firm out of NY and has offices in LA or something.)

It cost $0 through them and they take 25%-33% of what is recovered. Pretty sweet deal if you don't have the $ for a retainer ect ect. It also means the firm doesn't get paid unless they win... gives the lawyers a little kick in the ass for a positive outcome for the victims.

Even if you do contact them it would probably be wise to contact your State Attorney General and a lawyer that you trust as well.

This is the reason the US sucks now. I bought a few coins, not worried about the loss after the past year. I maintained a speculative mind frame during my purchase.

cryptopaddles

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Will getting regulators and Lawyers involved with bitcoin be a good thing? Looks to me like we have the answer to that question at least.

BayAreaCoins

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Quote from: ElectricMucus on January 31, 2015, 05:51:37 PM

But whatever happened to "Buy the rumor, sell the news."?

Buy the fake news, sell on reality Sad

It wasn't a rumor it was a flat out lie.

If you purchased Bitcoin from Coinbase on Sunday/Monday morning or are a
"rick rolled" victim please be sure to contact:

[email protected]

It is 100% confidential contacting him.

(This is the law firm out of NY and has offices in LA or something.)

It cost $0 through them and they take 25%-33% of what is recovered. Pretty sweet deal if you don't have the $ for a retainer ect ect. It also means the firm doesn't get paid unless they win... gives the lawyers a little kick in the ass for a positive outcome for the victims.

Even if you do contact them it would probably be wise to contact your State Attorney General and a lawyer that you trust as well.

B.A.S.

full member

Activity: 420

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Pump or dump aside, what I found interesting about the CB fiasco was that fiat is truly ready and waiting on the sidelines! It's been a long, tiring bear market and sentiment supports this, but with just a tiny ray of sun BTC was pumped for 24 hours. We just need a spark to light the fire.

ElectricMucus

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Marketing manager - GO MP

What I don't quite get is, wasn't the pump all but over when the coinbase exchange went live? I mean clear, if you bought at them when they stated trading you payed more then you would right now.
But whatever happened to "Buy the rumor, sell the news."?

marcus_of_augustus

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Eadem mutata resurgo

At a minimum, it was unprofessional for Coinbase to be rocket/lunar hyping the pump (return of the Gox willy bot anyone?) and sowing confusion with vague statements regarding the licencing/regulated status of their new exchange operations.

SirChiko

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Quote from: ronald98 on January 30, 2015, 07:36:46 PM

It surprises me that coinbase didn't consult lawyers before announcing they were licensed.

And i've been looking everywhere why the price went down and thought that it was cased by that timer.
Sucks big balls, let's see how coinbase will get out of this. But yeah imho false adiversments are everywhere just turn on your TV.

damiano

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103 days, 21 hours and 10 minutes.

Quote from: TheWiseandUnwise on January 31, 2015, 08:34:36 AM

Quote from: BayAreaCoins on January 31, 2015, 08:29:42 AM

Quote from: TheWiseandUnwise on January 31, 2015, 08:16:51 AM

Let's see you put money where your mouth is - but you don't have the balls for that Grin

I wouldn't bet against my money, mouth or balls...

LOLOL this is gold Grin

Yes you are certainly from california Cheesy

Let's hope that cash helps you with your impotence since you are clearly so easy to fk over

Now we want to see you flash that cash in charlie lee and coinbase people's face and post that photo. Seeing as you don't even have the balls to show your hand on that e-penis buttressing photo, we understand you don't have the balls to do anything other than flash some cash in front of your monitor (be careful not to show your hand, don't want other people to have any hints about who you are!).

LOL this is some major limp dick behavior.

It's not limp dick move, you called him out and he just shit in your face

B.A.S.

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Quote from: coinsurfer12 on January 31, 2015, 08:37:42 AM

I have yet to find where Coinbase claimed to have been licensed in CA and NY. They do make a very bold claim that they are the first regulated US exchange: http://blog.coinbase.com/post/109202118547/coinbase-launches-first-regulated-bitcoin-exchange
That's arguably wrong because there are other regulated US exchanges like CoinX and CoinSetter. But really, no one has a clear definition of what "regulated" means.

It seems to me that Coinbase told the press that they are launching a "regulated" exchange and that they support 24 states. And the press clearly jumped to the conclusion that Coinbase has licenses in all of these 24 states. And Coinbase didn't bother to correct them and that led to the statements from CA and NY, which were pretty embarrassing for Coinbase.

To go from this to having Coinbase be responsible for someone's speculative loss on BTC requires quite a bit of stretching the laws of consumer protection. If it were Coinbase stock, you might have a case. Even then, the price movements just don't match up.

Same here, I was doing some digging myself. I am not sure CB needs licensing in NY or CA (as of yet). The States the exchange is not available in (S. Dak for example) probably has to do with needing an expensive license, it's not legal yet or the potential profits for opening up in that State are not high enough.

Per their website:
The USD wallet is only available to Coinbase customers located in US states where Coinbase is either licensed to engage in money transmission, where it has determined that no such license is currently required, or where licenses are not yet being issued with respect to Coinbase's business.

Coinshot

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The Coinbase rocket is not taking off.

I am still angry with them for that stunt.

ElectricMucus

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Marketing manager - GO MP

Quote from: Come-from-Beyond on January 31, 2015, 08:54:37 AM

Quote from: ElectricMucus on January 30, 2015, 06:04:16 PM

Coinbase pissed off some people with lawyers

Let me guess... They are twins and are planning to launch a competing service?

Nice idea for a plot twist.

Torque

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You guys need to chill.

Coinbase has a whole army of Compliance lawyers and outside counsel, they know exactly what is within their legal rights to say and not say.

BayAreaCoins

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Quote from: TheWiseandUnwise on January 31, 2015, 09:14:09 AM

Put up or shut up eh?

Sounds like a plan.

Have a good night and thanks for the additional motivation.

*hands popcorn* Grin

TheWiseandUnwise

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Quote from: BayAreaCoins on January 31, 2015, 09:01:15 AM

Quote from: TheWiseandUnwise on January 31, 2015, 08:56:46 AM

Then, don't even have the balls to handle a confrontation unless a lawyer is present Cheesy

ooooo shill shill shill....

Enjoy it dude.

I'm obviously pissed and I feel right to be a bit upset. I know I'm not the only one.

You tell me to put my money where my mouth is, so there is a part of my retainer fee if needed.

You tell me I better hid my hand so no one knows who I am, so I tell you who I am.

I don't need a lawyer if they want to cut the check. Anything I pay to a lawyer will really just be Coinbase paying them, so it's up to them at this point. They have been emailed and have obviously been reading posts ect.

They know where to find me.

HAHAHAHAHA I don't have enough words to say how fking pathetic this is.

You gambled and lost. Charlie lee was obviously having a grand time reading your whining Grin

You are delusional if someone pointing out the obvious fact that you are just btching and moaning with nothing to back it up is a "shill". Obviously you don't have what it takes to initiate any kind of confrontation you are saying on these forums.

Put up or shut up eh?

You can't even write coherent sentences anymore LOL

BayAreaCoins

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Quote from: TheWiseandUnwise on January 31, 2015, 08:56:46 AM

Then, don't even have the balls to handle a confrontation unless a lawyer is present Cheesy

ooooo shill shill shill....

Enjoy it dude.

I'm obviously pissed and I feel right to be a bit upset. I know I'm not the only one.

You tell me to put my money where my mouth is, so there is a part of my retainer fee if needed.

You tell me I better hid my hand so no one knows who I am, so I tell you who I am.

I don't need a lawyer if they want to cut the check. Anything I pay to a lawyer will really just be Coinbase paying them, so it's up to them at this point. They have been emailed and have obviously been reading posts ect.

They know where to find me.

They are a company who is backed by some serious players and $112 Million dollars or whatever. I'm just some dick weed from Arkansas who works his ass off and was swindled by them... why would I not have a least one lawyer if it goes to court? Roll Eyes

TheWiseandUnwise

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Quote from: BayAreaCoins on January 31, 2015, 08:51:37 AM

Quote from: TheWiseandUnwise on January 31, 2015, 08:49:57 AM

...

All the btching and moaning, and nothing real, no confrontation.

Cheesy

I'm a business man.

Don't be a 15 year old.

Grown ups handle disputes in courts... not in the streets.

The Winklevoss twins probably could kick the shit out of Mark Z, but that wouldn't get them $63 million Roll Eyes

Apparently a grown man such as yourself btch like a 15 year old online, with the same sht talking attitude Grin

Then, don't even have the balls to handle a confrontation unless a lawyer is present Cheesy

Flash that cash again. Let me quote it again for the benefit of the public:

Quote from: BayAreaCoins on January 31, 2015, 08:29:42 AM

Quote from: TheWiseandUnwise on January 31, 2015, 08:16:51 AM

Let's see you put money where your mouth is - but you don't have the balls for that Grin

I wouldn't bet against my money, mouth or balls...

http://i.imgur.com/td9EonM.jpg

www.prnewswire.com/news-releases/coinbase-inc--national-securities-law-firm-investigates-licensure-of-coinbases-bitcoin-exchange-300028022.html

+ more to come I'm sure.

http://2.bp.blogspot.com/-xucEwfqku8E/TgeUtdC23CI/AAAAAAAADXY/R3bwrGBkdv4/s320/casino-1995-11-g.jpg

HAHAHAHAHA this is pure gold Grin

Somebody tell me what this looks like. A ten year old these days are not this easy LOL

Come-from-Beyond

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Quote from: ElectricMucus on January 30, 2015, 06:04:16 PM

Coinbase pissed off some people with lawyers

Let me guess... They are twins and are planning to launch a competing service?

BayAreaCoins

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Owner at AltQuick.com

Quote from: TheWiseandUnwise on January 31, 2015, 08:49:57 AM

...

All the btching and moaning, and nothing real, no confrontation.

Cheesy

I'm a business man.

Don't be a 15 year old.

Grown ups handle disputes in courts... not in the streets.

The Winklevoss twins probably could kick the shit out of Mark Z, but that wouldn't get them $63 million Roll Eyes

TheWiseandUnwise

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Quote from: BayAreaCoins on January 31, 2015, 08:44:46 AM

Quote from: TheWiseandUnwise on January 31, 2015, 08:42:33 AM

Good good, now let's see you do something real to back up all that sht talk

Go up to coinbase address and record your confrontation. You are to do so after all that btching and moaning you started Grin

Address they give isn't theirs. Roll Eyes

Was there Monday and recorded.

https://bitcointalksearch.org/topic/rick-rolled-by-coinbase-so-i-went-to-look-at-their-local-beautiful-sf-office-938514

All we have are pictures, boy

We say again, record yourself when you track them down and let's see how you and the coinbase folks see this go down Grin

Charlie lee isn't exactly anonymous and neither are the coinbase owners. You need to stop trying to cop out and show people something real to back up all that sht talk LOL

Let's wait and see if you have the balls to do something other than "politely ask" anything when you are btching and moaning here as if you want to start something serious.

All the btching and moaning, and nothing real, no confrontation.

Cheesy

BayAreaCoins

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