Coinbase Raises $25 Million From Andreessen Horowitz

Re:Coinbase Raises $25 Million From Andreessen Horowitz by vtmountainman on Thursday December 12, 2013 @07:02AM (#6894003)

that seems to only happen when they can keep your coins and profit due to rising prices.. basically giving themselves a free loan and free coins.. super scammy.. I had made 20 purchases with them, and then initiated a buy at $180.. by the time i became "high risk" it had rocketed to $400+.. i've heard they honor these prices but they have failed to respond to my emails for months.. They selectively scam their customers.. I quit giving them business too and wouldn't advise anyone to do business with conbase.

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Re:Coinbase Raises $25 Million From Andreessen Horowitz by sk55 on Thursday December 12, 2013 @05:39PM (#6897778)

I believe they're just working on fraud prevention. No need to sound the alarm. I bought bitcoins and my transactions were deemed high risk and cancelled after they received the money and held onto it for some time. Price actually went down from when I bought.

However, their customer service could definitely be improved. It's been over 9 days since I sent a request with no response and my transactions keep getting denied.

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Re:Coinbase Raises $25 Million From Andreessen Horowitz by sard420 on Thursday December 12, 2013 @01:18PM (#6896044)

echos my experience with them exactly, tied up my money for weeks, then said they can't help me. I'm convinced it's a scam.

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