111–120 of 239 posts
They reversed stance so quickly, it seems plausible this was a calculated move to increase news coverage of Coinbase.
If you are going to be cynical, why not go full cynic and say they were waiting to see whether the public outrage would be higher than the value of Bitcoin Cash they pilfered of their customer base.
Earlier quoted context omitted.
VP eh. Awesome that I get a chance to write to an executive. Were you in the meeting where they decided they could roll out the Bitcoin Cash updates in 4 months? If so, did you actually think that customers would not sue within a month, or did you realize that and just were too scared to say anything to the boss? LOL. Soo many lawsuits coming. It will affect Ops. I would have helped my CEO and explained it had to get…
Posts like this one are amazing in their lack of awareness. Let us know when you find the contingency lawyer willing to represent the thin slice of people who (1) desire decentralized currency, but (2) choose a centralized exchange to store their currency, then (3) ignore that exchange's warning to withdraw if they cared about a specific, then-unknown outcome, and finally (4) appeal to the very same centralized autho…
The situation changed. Many were convinced BCH would go no where. Now its worth quite a bit. Also, some may not have had time or got the message. 4 months is obviously an unacceptable delay.
The truth hurts. My comment made me look like a rabble-rouser or something, and made me look bad -- maybe it will get me banned from Hacker News. But just maybe that executive will take the hint and help them to push the update out faster. In which case, Coinbase could save itself a lot of hassle in terms of lawsuits and angry customers, and customers (those who did not get the warning or did not have time or were convinced it was going nowhere) could avoid losing a ton of money.
Go ahead, shoot the messenger. Sometimes the truth sounds dickish. In this case, they deserve to get comments like this and should pray that someone in their organization heeds them.
Is there a viable alternative to Coinbase? Their support is absurdly awful. Two months and they sent two auto-replies to a simple ticket that couldn't be answered by the knowledge base. They don't care about your money - so long as it's already in their vault.
Is there a viable alternative to Coinbase? Their support is absurdly awful. Two months and they sent two auto-replies to a simple ticket that couldn't be answered by the knowledge base. They don't care about your money - so long as it's already in their vault.
Maybe Gemini; it seems to be the "most legal".
Is there a viable alternative to Coinbase? Their support is absurdly awful. Two months and they sent two auto-replies to a simple ticket that couldn't be answered by the knowledge base. They don't care about your money - so long as it's already in their vault.
VP Ops at Coinbase We are trying to scale our support team as quickly as possible. Wish I had a better answer for you. https://blog.coinbase.com/improving-customer-support-139d99e... If you still need help with your issue, send me an email (in my profile).
Earlier quoted context omitted.
Posts like this one are amazing in their lack of awareness. Let us know when you find the contingency lawyer willing to represent the thin slice of people who (1) desire decentralized currency, but (2) choose a centralized exchange to store their currency, then (3) ignore that exchange's warning to withdraw if they cared about a specific, then-unknown outcome, and finally (4) appeal to the very same centralized autho…
The average fee for a large class action is about 10%. Coinbase could be holding on to more than a billion USD (right now BCH is around $375) worth of assets for 'safe keeping' until next year. Am I really so naive to think that there aren't lawyers out there that might want to try to get 100 million dollars? LOL. The situation changed. Many were convinced BCH would go no where. Now its worth quite a bit. Also, some…
Edit to address your edit after my reply: no, there actually aren't any lawyers who believe they could "get 100 million dollars" in the situation you describe. The multistate bar exam covers torts and contract law (including equitable remedies), so there is no person licensed to practice law in Coinbase's jurisdiction who would calculate potential damages the way you have. In fact, if they did, they would likely be disbarred for incompetence.
Relevant legal terms to look up: compensatory damages, specific performance, contributory negligence, and good ol' burden of proof.
Finally, consider searching Coinbase's terms of service for "supported Digital Currency," "arbitration," and "waiver of class action."
Is there a viable alternative to Coinbase? Their support is absurdly awful. Two months and they sent two auto-replies to a simple ticket that couldn't be answered by the knowledge base. They don't care about your money - so long as it's already in their vault.
Gemini. I have been a customer of Coinbase for 4 years and Gemini for 6 months. Gemini's withdrawal to bank accounts are faster (same day). Support is more responsive. That said, both companies are licensed, 100% legit/trustworthy, and I like both honestly, but sightly prefer Gemini overall. Each company is a decent alternative to the other IMHO.
The issues people have consistently reported with it for as long as I've known about it - bad lock-ins during fluctuations, difficulty resolving support requests and withdrawing - are all borderline showstoppers from where I sit; I don't think I'd ever use let alone recommend coinbase to anyone, no offense to its employees in this thread.
Earlier quoted context omitted.
Posts like this one are amazing in their lack of awareness. Let us know when you find the contingency lawyer willing to represent the thin slice of people who (1) desire decentralized currency, but (2) choose a centralized exchange to store their currency, then (3) ignore that exchange's warning to withdraw if they cared about a specific, then-unknown outcome, and finally (4) appeal to the very same centralized autho…
The average fee for a large class action is about 10%. Coinbase could be holding on to more than a billion USD (right now BCH is around $375) worth of assets for 'safe keeping' until next year. Am I really so naive to think that there aren't lawyers out there that might want to try to get 100 million dollars? LOL. The situation changed. Many were convinced BCH would go no where. Now its worth quite a bit. Also, some…
Is there a viable alternative to Coinbase? Their support is absurdly awful. Two months and they sent two auto-replies to a simple ticket that couldn't be answered by the knowledge base. They don't care about your money - so long as it's already in their vault.
"move fast and break things"
Earlier quoted context omitted.
The average fee for a large class action is about 10%. Coinbase could be holding on to more than a billion USD (right now BCH is around $375) worth of assets for 'safe keeping' until next year. Am I really so naive to think that there aren't lawyers out there that might want to try to get 100 million dollars? LOL. The situation changed. Many were convinced BCH would go no where. Now its worth quite a bit. Also, some…
the reason BCH is worth quite a bit is because it's illiquid because very few exchanges support it. the only reason you or anyone else wants it is to sell it for USD