Silk Road forums

Discussion => Newbie discussion => Topic started by: MLG22 on August 17, 2013, 02:15 am

Title: Coin Base is a waste of time!
Post by: MLG22 on August 17, 2013, 02:15 am
Verified not one, but two bank accounts, along with phone number, and still have no coins. After waiting the bullshit 4 days to get my coins I get the "Declined due to High Risk." Literally 20 minutes before the coins were supposed to arrive in my account, I get the email. I've also read that their program decides instantly whether or not to turn you down, but they still hold you money for four days. If this is true, I wonder what exactly they do with the money for those few days...The value of coins went up a considerable amount while this was processing, and I'm kind of thinking that they back out of the deal if the value goes up beyond a certain point. The payment had even cleared my bank account 2 days ago, this is frustrating, as I was really looking forward to trying Cher's microdots. I have emailed them to review my case, but I'm really thinking of just using Localbitcoins instead, even if they decide to clear my account. I wouldn't waste my time if you're new to bitcoins, as they will literally waste weeks of your time all while holding your money.
Title: Re: Coin Base is a waste of time!
Post by: sirs69 on August 17, 2013, 06:36 am
That really blows, i'd be pissed too. i've used them a few times and got the coinage. your right though, they basically invest your money while 'holding' it. would be interested to know what their support says
Title: Re: Coin Base is a waste of time!
Post by: FelixUK on August 17, 2013, 03:16 pm
Try Local Bitcoins?
Title: Re: Coin Base is a waste of time!
Post by: hchoman on August 17, 2013, 09:36 pm
Look into BTC Quick...love it! Except when it says they have 0.0 BTC in stock
Title: Re: Coin Base is a waste of time!
Post by: ~o~WaterWalker~o~ on August 17, 2013, 09:44 pm
i was with them during the hokey days of wait a week to get coins.. i get insta now :)