71–80 of 355 posts
If the bubble bursts, this will be a delightful pull quote in the postmortem: "Correction: December 6, 2017 An earlier version of a photo caption with this article misidentified the place where Coinbase employees were gathered for lunch. It was the gaming room, not the cafeteria."
To adapt a line from Bojack Horseman, “That’s not the HR counseling room, it’s the hot-take-cooldown room.”
Earlier quoted context omitted.
"As as safe as possible" - are you out of your mind?!
It's safe if you keep your money in coinbase.
https://en.wikipedia.org/wiki/Civil_forfeiture_in_the_United...
https://en.wikipedia.org/wiki/Executive_Order_6102
You wait and see what happens when coinbase has 500 billion or a trillion dollars worth of hard currency on their platform, and the us dollar is three years into its slide. The temptation to raid that will be far too great.
Earlier quoted context omitted.
Serious, this. There is no recourse for recover in the event of securities fraud.
The original quote is about trading/buyin/selling crypto not real securities. Does any service offer fraud protection and/or make it safer than coinbase?
Most interesting thing I learned from this article: Brian Armstrong, Coinbase CEO, "said he now holds more of his wealth in a Bitcoin competitor, Ether"
I used to use coinbase but some godawful KYC/AML thing kicked in and asked me to send them a "selfie" of myself, which creeped me the hell out. I'm a US citizen, am not on any sort of list of prohibited people, and had already given them a photo of my driver's licence and my SSN -- and have had no issues with opening other bank/bitcoin-exchange accounts online previously. I thus switched to Gemini because I do not wa…
On that page, instead search for your bank, and in the event it or whatever you're searching for doesn't come up, select the "Enter manually" option, and it'll do the old PIN-via-two-sub-dollar-deposits confirmation trick. It'll take a couple days, but it works.
Most interesting thing I learned from this article: Brian Armstrong, Coinbase CEO, "said he now holds more of his wealth in a Bitcoin competitor, Ether"
Brian Armstrong has quite the history of being on the wrong side of every argument to do with safe and scalable crypto implementation. He has been a champion of centralization and attacks on bitcoin governance. He was a vocal proponent of four out of the five failed fork attempts of bitcoin over the past couple of years. He, and coinbase investors, are very lucky they had people like Charlie Lee managing the technica…
Earlier quoted context omitted.
Most foreign exchange and derivatives exchanges are on 23.5 hours a day, except weekends.
Only derivatives and forex. Stock is still office hours and out of regular hours (+-1 hour I think) is reserved for the big boys.
Earlier quoted context omitted.
Brian Armstrong has quite the history of being on the wrong side of every argument to do with safe and scalable crypto implementation. He has been a champion of centralization and attacks on bitcoin governance. He was a vocal proponent of four out of the five failed fork attempts of bitcoin over the past couple of years. He, and coinbase investors, are very lucky they had people like Charlie Lee managing the technica…
I dunno, are we happy with the status quo? Making money is nice, but I miss being able to use bitcoins to buy things.
I used to use coinbase but some godawful KYC/AML thing kicked in and asked me to send them a "selfie" of myself, which creeped me the hell out. I'm a US citizen, am not on any sort of list of prohibited people, and had already given them a photo of my driver's licence and my SSN -- and have had no issues with opening other bank/bitcoin-exchange accounts online previously. I thus switched to Gemini because I do not wa…
You had to provide your bank user/pass to Coinbase? I only had to provide routing and account numbers, then verify the ACH amounts (edit: and driver's license photo). But I'm only in the shallow end of the kiddie pool here.
Earlier quoted context omitted.
You had to provide your bank user/pass to Coinbase? I only had to provide routing and account numbers, then verify the ACH amounts (edit: and driver's license photo). But I'm only in the shallow end of the kiddie pool here.
Coinbase offers both options: bank username & password or routing & account numbers. If you choose to provide bank username & password, verification is instant. If you choose to provide routing & account numbers, verification via deposit/withdrawal of small amounts takes days.