Topic: Issues with Coinbase "high risk" tactic during this week's rise? (Read 694 times)
From what I've read, they use it to avoid losing money when BTC is going up, it's not a rare thing. Sad that a company as reputable as them would stoop to this level
November 08, 2013, 06:48:04 PM
I've read a few horror stories from Coinbase users in this area that say Coinbase uses its "High Risk" policy to cancel orders when the price increases during the pending period after purchasing. Well the price has increased quite a bit this week and I was curious if anyone has fell victim to this? I purchased early last week and it completed 1 day prior to their scheduled date, and then I purchased again this week and was told it would finish today but have yet to see the funds come through. The price has increased over $100 in the past 4 days and I'm a little paranoid that I will be getting the "High Risk" e-mail soon, despite none of my purchases being more than 2 BTC.
Basically, is the "High Risk" tactic a rare occurrence and not something to worry about, or have others had this happen to them during the price explosion of the past few weeks?
Basically, is the "High Risk" tactic a rare occurrence and not something to worry about, or have others had this happen to them during the price explosion of the past few weeks?
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