Re:Coinbase: The Heart of the Bitcoin Frenzy
by mrb on Thursday December 07, 2017 @01:16AM
(#15868035)
Coinbase is simply suffering from insane growth pains. I mean, come on, they are adding half a million new users per week! Of course support isn't going to be very responsive.
[ Parent
| on HN ]
Re:Coinbase: The Heart of the Bitcoin Frenzy
by snarfybarfy on Thursday December 07, 2017 @02:36AM
(#15868371)
Funny how they are coping with signing up users just fine. Takes about 5 mins for somebody to check your ID and create an account.
Support however seems not to be a priority to them.
Re:Coinbase: The Heart of the Bitcoin Frenzy
by ThomPete on Thursday December 07, 2017 @03:22AM
(#15868526)
Don't you think that part is automated?
Re:Coinbase: The Heart of the Bitcoin Frenzy
by ckastner on Thursday December 07, 2017 @03:37AM
(#15868580)
How can you automate the checking of an ID?
Re:Coinbase: The Heart of the Bitcoin Frenzy
by mrb on Thursday December 07, 2017 @04:01AM
(#15868652)
Third party identity verification services use OCR and machine learning on scanned ID documents.
99% get an automatic Green flag. Only ~1% are manually reviewed.
Re:Coinbase: The Heart of the Bitcoin Frenzy
by ckastner on Thursday December 07, 2017 @04:29AM
(#15868742)
Interesting. I'd assume that these methods are probably more effective than a manual review by your average person anyway, but there are certain areas where I would expect automation to be at least frowned upon.
Re:Coinbase: The Heart of the Bitcoin Frenzy
by minikomi on Thursday December 07, 2017 @06:13AM
(#15869122)
if (Math.random() > 0.2) { // rate of false accounts at last review was ~20%
return false;
} else {
return true;
}
Re:Coinbase: The Heart of the Bitcoin Frenzy
by CoryG89 on Thursday December 07, 2017 @11:08AM
(#15871233)
return Math.random() <= 0.2
Re:Coinbase: The Heart of the Bitcoin Frenzy
by nmeofthestate on Thursday December 07, 2017 @11:04AM
(#15871194)
> Funny how they are coping with signing up users just fine.
Not my experience - no luck getting ID verified yet.
Re:Coinbase: The Heart of the Bitcoin Frenzy
by ethagnawl on Thursday December 07, 2017 @11:43AM
(#15871547)
You've got a point, and I tried to be understanding about the slow customer support response, but after a certain point the _growing pains_ excuse just does not pass muster. Coinbase has been around for years and their business model would seem to be dependent upon rapid adoption/growth of BTC/ETH/LTC. So, they knew this day would come and should have had processes in place to handle the influx (of traffic and related customer support requests). I just cannot _understand_ how a business could misplace $NON_TRIVIAL_AMOUNT_OF_BTC and then not respond to their customer's inquiries about it for _days_ at a time.