Topic: Do not use Coinbase (Read 8328 times)
i also sent btc to and from them. it worked for me though.
Just transferred .01 btc from coinbase to local wallet very quickly. Another transaction of 1.3x btc not going nearly as fast. Hopefully it gets to my local wallet eventually since I have already gotten an email from coinbase telling me the transfer happened.
Oof, thats gotta hurt.
This is a good point. We run about 100 tests on testnet before each deploy. Unfortunately we didn't have a test case for the last problem that happened
Race conditions in coin selection.Thanks for the support though! Really appreciate it.
Hello all,
First just let me say I'm sorry for the trouble in the past few weeks. We indeed had a bunch of transactions go unconfirmed on the blockchain. This was due to a feature we attempted to roll out that paid transaction fees on the user's behalf (which created some unconfirmed transaction chains).
We did some testing, and thought we had it down. Obviously we were wrong. That was my fault.
We've rolled it back for now so things appear to be back to normal. I'm the first to admit we're still getting things "production ready" on Coinbase, so we won't come out of beta until we can safely say it's production ready. We don't expect to earn your business unless we can execute on this and much more. Thanks for bearing with us - we're in this thing for the long haul.
First just let me say I'm sorry for the trouble in the past few weeks. We indeed had a bunch of transactions go unconfirmed on the blockchain. This was due to a feature we attempted to roll out that paid transaction fees on the user's behalf (which created some unconfirmed transaction chains).
We did some testing, and thought we had it down. Obviously we were wrong. That was my fault.
We've rolled it back for now so things appear to be back to normal. I'm the first to admit we're still getting things "production ready" on Coinbase, so we won't come out of beta until we can safely say it's production ready. We don't expect to earn your business unless we can execute on this and much more. Thanks for bearing with us - we're in this thing for the long haul.
Thanks for this Brian.
Hello all,
First just let me say I'm sorry for the trouble in the past few weeks. We indeed had a bunch of transactions go unconfirmed on the blockchain. This was due to a feature we attempted to roll out that paid transaction fees on the user's behalf (which created some unconfirmed transaction chains).
We did some testing, and thought we had it down. Obviously we were wrong. That was my fault.
We've rolled it back for now so things appear to be back to normal. I'm the first to admit we're still getting things "production ready" on Coinbase, so we won't come out of beta until we can safely say it's production ready. We don't expect to earn your business unless we can execute on this and much more. Thanks for bearing with us - we're in this thing for the long haul.
First just let me say I'm sorry for the trouble in the past few weeks. We indeed had a bunch of transactions go unconfirmed on the blockchain. This was due to a feature we attempted to roll out that paid transaction fees on the user's behalf (which created some unconfirmed transaction chains).
We did some testing, and thought we had it down. Obviously we were wrong. That was my fault.
We've rolled it back for now so things appear to be back to normal. I'm the first to admit we're still getting things "production ready" on Coinbase, so we won't come out of beta until we can safely say it's production ready. We don't expect to earn your business unless we can execute on this and much more. Thanks for bearing with us - we're in this thing for the long haul.
Two words... Bitcoin testnet
Edit: Keep up the good work guys
Hello all,
First just let me say I'm sorry for the trouble in the past few weeks. We indeed had a bunch of transactions go unconfirmed on the blockchain. This was due to a feature we attempted to roll out that paid transaction fees on the user's behalf (which created some unconfirmed transaction chains).
We did some testing, and thought we had it down. Obviously we were wrong. That was my fault.
We've rolled it back for now so things appear to be back to normal. I'm the first to admit we're still getting things "production ready" on Coinbase, so we won't come out of beta until we can safely say it's production ready. We don't expect to earn your business unless we can execute on this and much more. Thanks for bearing with us - we're in this thing for the long haul.
First just let me say I'm sorry for the trouble in the past few weeks. We indeed had a bunch of transactions go unconfirmed on the blockchain. This was due to a feature we attempted to roll out that paid transaction fees on the user's behalf (which created some unconfirmed transaction chains).
We did some testing, and thought we had it down. Obviously we were wrong. That was my fault.
We've rolled it back for now so things appear to be back to normal. I'm the first to admit we're still getting things "production ready" on Coinbase, so we won't come out of beta until we can safely say it's production ready. We don't expect to earn your business unless we can execute on this and much more. Thanks for bearing with us - we're in this thing for the long haul.
Sending BTC from there worked for me now. This time they prompted for a miners fee which they didn't do the first time I tried.
They will probably see the losses and fold the operation if thats the case I think.
They are friends of money. And if they can make money with bitcoins , they will start do to so. So i think that is not the reason for the lack of support and working withdrawals.
I didn't make my point clearly but I think we're in agreement. The lack of support and working withdrawals is due to the fact that someone at coinbase isn't seeing the money.
With all that cash to throw around I wonder why they used bootstrap for their site, why not design something unique.
Ycombinator isn't necessarily a friend to the bitcoin community, though they might be useful in the future.
They are friends of money. And if they can make money with bitcoins , they will start do to so. So i think that is not the reason for the lack of support and working withdrawals.
Still, thats a lot of cheddar. Or the most expensive confidence scam I have seen in a while.
Ycombinator isn't necessarily a friend to the bitcoin community, though they might be useful in the future.
Kinda feel bad for the owner, all that pay out to just lose all the users when he has a scripting error. Should have used a better coder I guess.
I heard they successfully raised 250000 USD ,so ...
Kinda feel bad for the owner, all that pay out to just lose all the users when he has a scripting error. Should have used a better coder I guess.
I finally succeeded...after two days... 3 or 4 attempts... Thank god... now I'm done with them...
It worked for me right now 
(After four attempts the last days.)
(After four attempts the last days.)
They have some problems at the moment. Outgoing transactions are not relayed to the network.
You can make a json export of the transaction, but I don't know of any websites where you can paste the json export. Is there an easy way to convert the json export to a raw transaction we can paste at blockchain.info?
You can make a json export of the transaction, but I don't know of any websites where you can paste the json export. Is there an easy way to convert the json export to a raw transaction we can paste at blockchain.info?
They had that problem for the past month...
The first Time i encountered it was on 15th August.
Does this happen for all attempts to send BTC from ones Coinbase account? Or does it work sometimes?
I am wondering if there is any sense in me trying it again?
It worked for me 9 Days later , so i suspect it works sometimes. I never went back because things like this make a wallet unreliable. And the lack of any kind of support other than saying they are having problems. I even opened a ticket which got answered YESTERDAY. So i agree with the OP : Do not use Coinbase.
Right now my only concern is to get my money the f.... out of there!
Jump to: