Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Sent $35,104.11 USD to CoinBase. Never received Bitcoins

news.ycombinator.com

Post reply on HN
Print view View original

11–20 of 515 posts

Re: Sent $35,104.11 USD to CoinBase. Never received Bitcoins

#12

Post by mgrunin »

AH4oFVbPT4f8 wrote: post #11

Did you have prior experience with CoinBase and buying bitcoins from them? If not, why didn't you start with 1k to make sure the transaction went smoothly before sending over 35k?

I have purchased from them before, to a tune of $18k over several different transactions.

Re: Sent $35,104.11 USD to CoinBase. Never received Bitcoins

#14

Post by justin66 »

> Further avoidance by them will lead me to make a few calls to news stations.

Eek. The best case scenario is that you'll get a news blurb on local TV where you're portrayed as a sucker. "Weird online currency thing does weird stuff in the way you'd expect weird online currency thing to do, and look at this greedy rube who got sucked in and lost it all! Film at 11."

Re: Sent $35,104.11 USD to CoinBase. Never received Bitcoins

#15

Post by jhardcastle »

mgrunin wrote: post #7
zt wrote: post #3

ACH transactions are reversible FWIW.

Yes, I am aware of that. I told them in my last email that I will be reversing my ACH if they continue to ignore me.

Reverse now. You have plenty of proof. There's no need to take a bath on this.

Re: Sent $35,104.11 USD to CoinBase. Never received Bitcoins

#16

Post by mgrunin »

arun_bansal wrote: post #13

Since it has taken this long, I guess you would rather have the lock price removed. It's around ~551.57 vs your original 868.91

Yes, and that is only because they didn't deliver the coins on the day they locked in the price even though they said they would deliver then.

Re: Sent $35,104.11 USD to CoinBase. Never received Bitcoins

#18

Post by dusing »

mgrunin wrote: post #7
zt wrote: post #3

ACH transactions are reversible FWIW.

Yes, I am aware of that. I told them in my last email that I will be reversing my ACH if they continue to ignore me.

you should just get it reversed as soon as possible. Combined with the fall of BTC you are lucky to have a "out".

Also once you threaten the reversal there isn't much reason for them to work with you. What if they give you BTC tomorrow and you reversed the ACH already.

Post reply on HN