I have been a long time coinbase user. I have been very unhappy with their support. I have been unable to add additional funds to buy both additional ethereum and btc from their site, even after contacting them repeatedly about this ... but never getting a reply. I did multiple identity verifications and connected bank and credit cards. No luck in being able to transact properly. Bitcoin Cash was a forcing function and last week I sent my funds to a private wallet. I am also buying additional crypto on Gemini and other exchanges. To give an idea of my frustration with them, I first tried to buy ethereum thru then at $40. I gave them benefit of the doubt in solving my issues ... and waited and waited. By the time I realized that they were not listening to me, ether had shot up to more than $200. I ultimately bought on Gemini. This was their business to lose and they did exactly that.
Update on Bitcoin Cash
131–140 of 239 posts
Re: Update on Bitcoin Cash
#132Earlier quoted context omitted.
Right. It's like a stock split, except the company actually splits into two essentially identical competitors. No matter which competitor "wins", your assets should keep the same total value they had before.
Unless the competitors increase the whole market (increasing total value) or—as is plausible with a cryptocurrency with netomwork effects—the lack of a single clear choice reduces the overall value of the market compared to a don't clear choice that everyone uses.
Yep. It might not be zero-sum.
Re: Update on Bitcoin Cash
#133I'm a blockchain money noob. From my stand point this virtual money looks like pure speculation. Nice to see that ressource limitation can be bypassed by forking. So this speculation seams doomed to me.
Re: Update on Bitcoin Cash
#134Re: Update on Bitcoin Cash
#135I have been a long time coinbase user. I have been very unhappy with their support. I have been unable to add additional funds to buy both additional ethereum and btc from their site, even after contacting them repeatedly about this ... but never getting a reply. I did multiple identity verifications and connected bank and credit cards. No luck in being able to transact properly. Bitcoin Cash was a forcing function a…
I've had almost exactly the same experience. I recently withdrew all my btc into an offline wallet because I just couldn't trust having to deal with Coinbase support based on prior experience.
One example springs to mind. I bought some ETH once they initially began supporting it, just before it shot up in value. However, the transaction just seemed to disappear and I lost out. I tried contacting support by they just kept closing my tickets without explanation. Very, very frustrating.
Re: Update on Bitcoin Cash
#136I have been a long time coinbase user. I have been very unhappy with their support. I have been unable to add additional funds to buy both additional ethereum and btc from their site, even after contacting them repeatedly about this ... but never getting a reply. I did multiple identity verifications and connected bank and credit cards. No luck in being able to transact properly. Bitcoin Cash was a forcing function a…
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Re: Update on Bitcoin Cash
#137I have been a long time coinbase user. I have been very unhappy with their support. I have been unable to add additional funds to buy both additional ethereum and btc from their site, even after contacting them repeatedly about this ... but never getting a reply. I did multiple identity verifications and connected bank and credit cards. No luck in being able to transact properly. Bitcoin Cash was a forcing function a…
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Re: Update on Bitcoin Cash
#138I have been a long time coinbase user. I have been very unhappy with their support. I have been unable to add additional funds to buy both additional ethereum and btc from their site, even after contacting them repeatedly about this ... but never getting a reply. I did multiple identity verifications and connected bank and credit cards. No luck in being able to transact properly. Bitcoin Cash was a forcing function a…
Terrible support, if you cant even get answers to basic questions then why would you want to potentially invest through their platform? I immediately sacked them off after not even being able to get a satisfactory response to ID checks
Re: Update on Bitcoin Cash
#139Dumb question: Supposing BCC eventually becomes of comparable value to BTC, does this mean everyone's fortune was just doubled?
Only if you believe BTC would've been at that same value without the fork.
Haven't we just had something like that happen though?
Bitcoin cash, at the time of writing, looks to be around the 300 USD mark, without BTC having moved much.
Re: Update on Bitcoin Cash
#140Does this mean that customers in a short position owe Bitcoin Cash?
Interesting, in a short position you already sold the borrowed BTC, you aren't really holding the BTC. So you wont get 1 BCC out of it, only whoever you sold it to.
But whoever lent the BTC would most likely want the BTC + BCC they are entitled to, even though you don't really have one to give.