Re:Tell HN: Coinbase stopped regular payouts of wires as of ...
by AznHisoka on Friday January 05, 2018 @02:55PM
(#16081139)
There's a non-trivial chance that the Bitcoin bubble will burst because of some drastic event from Coinbase (or another exchange, like Binance). There is some incredibly suspicious activity going on there including:
- The fact that the coins land in your account weeks after you've purchased it (presumably to stop a bitcoin run?)
- Inability to pay their users.
- their exchange GDAX is known for having spoof buy and sell orders that disappear sporadically (this is illegal in regulated markets).
- the whole Bitcoin cash fiasco
I'm OK with speculating and bubbles, but not manipulation.
- The fact that the coins land in your account weeks after you've purchased it (presumably to stop a bitcoin run?)
- Inability to pay their users.
- their exchange GDAX is known for having spoof buy and sell orders that disappear sporadically (this is illegal in regulated markets).
- the whole Bitcoin cash fiasco
I'm OK with speculating and bubbles, but not manipulation.