Originally posted by systemnt
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Yep...CB needs to get it's chiat together.
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Site's working fine for me.
In other news; coinbase just lost a court case to the IRS. Having to turn over info on "users" that apparently have withdrawn $20k to $50k over the last several years...Haven't read the article yet.Comment
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dang.. this guy is lucky...
$4800 investment immediately returns $500K
In an online bitcoin forum, it was discovered that one Coinbase user with the online alias SatoshiChrist is currently in the process of acquiring 50 bitcoins with a single payment of $4,802.
According to the user, payment for 50 bitcoins on August 8, 2013, has been stuck in the Coinbase system for more than four years. Coinbase recently notified the user that the trade for $4,802 for 50 bitcoins can still go through if the user updates the respective account’s payment method.
Substantially, the Coinbase system hedged the 50 bitcoins purchase of the user at the bitcoin price on August 8, 2013, as the transaction was stuck and the user failed to make the payment for an extended period.
While the price of bitcoin has increased from $100 to $9,700 from 2013 to 2017, the user is still able to purchase 50 bitcoins at a rate of $96 per bitcoin. That is, more than 90 times lower than the price of bitcoin at the time of reporting.
The user immediately reached out to Coinbase support for verification given the size of the trade. According to the user, Coinbase support verified the trade as genuine, and as a result, the user will be able to process the purchase and receive 50 bitcoins in return for $4,804.Last edited by systemnt; 12-01-2017, 10:42 AM.Comment
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I read an article about that. IRS made them give up the info on a very small percentage and the info was very limited. Still...Big Brother is taking notice.Originally posted by wloftis View PostComment
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D*mit!!! Coinbase down again!!!!Comment
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I haven't had one problem with the coinbase app
Sent from my SM-G892U using TapatalkComment
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The app was grumpy earlier but seems to be working now.Originally posted by Chew View Post
Just checked CB and it's up and running now.Comment
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Nm..read that wrongComment
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11k and rising for bitcoinComment
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Yep...lots of interest with the CME getting ready to offer futures on BTC coming mid December.Comment
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Passing mid 11k now..Comment
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Seems to be holding there...
Seems to be the topic du jour many of the places I go.Comment
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IN
Side note: I’ve never had an issue with the Coinbase app crapping out on me like many of you guys??Comment
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So far it only seems to happen when bitcoin spikes or dips severely. I've heard it's a very common occurrence.Originally posted by RascalArms View PostComment
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Very. And quite plausible. Basically ushering in George Bushes New World Order.Originally posted by Michael View PostComment
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