Topic: Gamblers, be careful with Coinbase! - page 5. (Read 13928 times)

Blow me shill, you get them for free if you had BTC.

This is a thread concerning gambling and is in line with the subject.

Also, a wonderful way not to worry about big scary Coinbase switching your shit off without notice.

Shut your mouth. Please pump that shitcoin in other places. I know you are waiting to price skyrocket to dump your bag, you will wait a lot.

Loads of sites and players are switching over to CLAM.

Wow, good thing I moved my wallet before I started going on gambling sites. :/ I've been running Bitcoin-Qt recently with no issues.

"Coinbase having serious technical issues."

https://bitcointalksearch.org/topic/m.7303977



I started the above thread - If you are using Coinbase, or considering it, you need to read the links in post #5 in the thread (not by me):


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Re: Coinbase having serious technical issues.
June 18, 2014, 09:35:15 AM
   
Reply with quote  #5


"I'm surprised no one is talking about this to the community. All the figureheads are just regurgitating nonsense about how great Coinbase is for Bitcoin community. At the same time, users are posting horror stories about practical Coinbase experience on a regular basis...

[a bunch of links posted here - IMPORTANT - Read these!]

...The list goes on and on, but everybody seems to blissfully ignore all the warning signs... what are people waiting for, another Gox-style blowout?!"


I have a big problem doing business with a company which is representing themselves as a major btc exchange, yet can't afford to have a few minimum wage chat support people available 24/7 - they made a big deal of it when they finally hired some, but good luck finding one on duty. And when you do start a chat, they often just disappear.

Would you deal with your bank if the only way to reach them was via email which may or may not be answered?

A very sketchy company.

Nah that is because coinbase sucks.

I'm no longer using their services after my account not being able to purchase for no reason and them ignoring my e-mails.

Honestly, it is cheaper to do BTC p2p and network hardcore.

I think they currently only use basic tactics, like tracking only big known withdrawal addresses. I am pretty sure that "anonymous" sending option of blockchain.info is more than enough to hide the gambling withdrawal. However there used to be like a 1% fee on that.. is it free now? Also I am always wondering: if everyone start using that, in the end the inputs could be of another gambler? Anyway, just using a random address in between (and create a new address for each withdrawal/deposit) is probably already enough to cover it, but obviously we don't really know for sure yet (so don't blame me if that isn't enough )

Considering another "exchange", which might be cheaper anyway, could be an option too




Ps, an account was also blocked after a pocketrocketscasino.eu (PRC) withdrawal (or deposit) but the guy put "PRC" as reason for sending/receiving bitcoin. So slightly unrelated to this topic, but yeh: don't mention you use gambling websites to them :>

Bummer I use coinbase and gambling sites since I'm a professional poker player. I wonder if a simple blockchain sharedcoin thingy would stop coinbase or how far they sleuth. Maybe they will just go deeper and deeper with time?

This whole thing sounds like an arms race really to me that the trackers are ultimately going to be losing.

Who would be using Coinbase anyways? haha.

I agree, stay far away from Coinbase. I don't use any exchanges myself - localbitcoins FTW!

Thanks for the heads up.

For me, I don't use exchange as my wallet, and I only move bitcoin there when I want to sell it.

This really sucks imo.
I understand is a problem of regulation not due to Coinbase willing (maybe) but if I'm not free on how to use my bitcoin I'm surely going to avoid them from now on.

Thanks for your useful thread NICO

Coinbase started asking for social security numbers when they transfer money from Coinbase to a bank account. I don't know if they do it with everyone but I know of some.

it's good to know
i'll use an other wallet
thanks

Will be more careful with coinbase from now on for sure.

Wow. This is good to know and a little disturbing. Should always use an intermediate address though.

What if I receive a coin from someone that uses a gambling site and I then transfer it to coinbase?to me, it seems that they are reviewing the history of that coin and if it has been at a known gambling site, they jump to action. Id like to know how they are figuring it out. I mean, if all coins are considered tainted once they hit a gambling site, then that could cause a lot of issues..

If they know the deposit address, and are actively trying to block them -- going through an intermediary wallet isn't going to be particularly effective.  You're far better off using a gambling site that has private deposit addresses (which, really, is most of them).

e.g. If you can give me any information on being a moneypot.com deposit address or not, I'll give you a 1 BTC. But you can't, and nor can coinbase.

Just becareful with where you withdraw your winnings to. If the gambling site pays out from well-known addresses, just never withdraw into a coinbase wallet. Otherwise, don't worry about it.

[/quote]

I've always done this ever since back when coinbase was new they were quite slow at processing withdrawals. Round trip 1 more transaction fee and maybe 1/2 hour waiting time is the price of an intermediary wallet.

So if my Coinbase account is still active right now(I received coins I "bought" and processed a "sell" to my bank today), I SHOULD be okay?... Still taking the above advice...