Silk Road forums
Discussion => Newbie discussion => Topic started by: DarlaHarrington on March 13, 2013, 11:16 pm
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So I have a question. I used coinbase to buy bitcoins. It took a week to clear but as soon as it cleared I put it in my Blockchain wallet and sent it off to SR. This morning I get an email from Coinbase saying the purchase has been reversed. I already used and made purchases so what happens now? I'm so confused.
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so..... i shouldn't lookup coinbase?
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It seems legit and you go through a long process to link your account. The email said the bank reversed it due to it not being an account. I still have the money in my bank account and I already used the bitcoins. So I'm just confused as to how they can get ther coins back. I want to pay them legitimately.
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Time to go and buy a shitton of bitcoins from them and spend them quickly ;D
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Time to go and buy a shitton of bitcoins from them and spend them quickly ;D
I am looking them up right now.
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I think they have a certain amount of coins sold each day. So I'm not sure you can purchase any at the moment.
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I have been using Coinbase for quite a while now. Never had a single issue with em. They sell you BTC, buy your BTC, transfer your currencies for you. The only downside to them is the waiting period. Sure you can can buy and sell instantly at the current market price, but you then have to wait their mandatory 3 to 4 days holding period before they release the BTC or USD over to you.
Trust me, if you get yourself on a schedule of set days a week designated to your trading habits, it makes it so much easier and a whole lot less stressful. There's no trying to get that last BTC at the last minute buy running all over town making bank deposits, western union transfers, money grams, etc. No more WU fees, ATM fees, and all those fees you don't even think about when your scrambling around desperately trying to get that coin, I just sit back and relax knowing I can take comfort in the fact my BTCs will be here when I need them.
To top it all off, you can link your bank account info with the site. The fees are pretty painless as well. I am sure of the exact % they charge, but it's either > = 1% or < = 1.6%.
Lastly, the only time they have issues is when there are blockchain problems. And when those occur, everyone's down. They do put a cap on your spending at first. They limit the amount of BTC you can purchase in one day to 10 BTC. After like 2 weeks (might have been less) it goes up to 100 BTC per day.
So if you have a little bit of patience, throw some coins at em. See what happens.
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So I basically got free bitcoins? Once they're in the SR wallet can Coinbase take them back? That's what I'm worried about. I ordered some more stuff on SR, I don't want to fuck over a vendor.
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"To top it all off, you can link your bank account info with the site." use account for bitcoin purchases only?
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Man screw linking a bank account to any BTC related stuff and waiting a week.
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bank to my btc? no thanx
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I contacted them and informed them I owed them money. I'm a honest drug addict.