Bitcoin Suppliers

[screamingmimi]

If you have a problem with coinbase maybe a week later they tell you they're swamped, but write back if you don't have an answer Then you never hear from them.

I posted about some new thing they're doing so I moved all my money out.  I don't understand what their doing, I think it's how btc works but they don't tell users anything.   The only upside is their fees are low.

 

[screamingmimi]

I wouldn't be surprised. I hate when things update to a newer format. I get used to something, then they switch it on ya, and it comes with bugs and glitches to boot. 

Since I updated my computer to Sierra I have nothing but issues and have spent hours on the phone with Apple.  Right now my mail is a mess, they'll blame it on Gmail since there is a similar problem there.

 

[screamingmimi]

@screamingmimi, I was gonna suggest a possible update as @Natty,Natty did, I'm not at all proficient with electrum yet, I've installed it and nothing more. Still awaiting a response on my unconfirmed amount with multibit. Don't think I'll be hearing anything however. Might be a good idea to hold fire before updating though. 

My multiibit problem fixed itself when the blockchain, that was a mess cleared up.  Up until then I never had a problem with their customer service (multibit) so might be worth it to contct them.

I've got all my money in electrum and there is a btc forum tht's got smart people to answer questions so maybe you can get some help.  If multibit is still not answering questions months later well wow.  But you wont' lose your money.

 

[Mgillgan]

I just read this.  Don't know if their is any truth to it. I found it while researching CEX.IO for BTCS. 

"Coinbase is currently taking WEEKS to respond to urgent queries, I’m being told, and they provide no working mechanism whatsoever for users in Wyoming or Hawaii to change their state of residency. When those users attempt to login to upload new IDs or change their address, they are given “Unable to create account” errors which state that “Coinbase has indefinitely suspended its business…” in their old state. In effect, Coinbase has stolen all the Bitcoins from users in those states and may have already absconded with those Bitcoins."

Again, these are not my words, as I don't use the coinbase client for my BTC needs. 

It's 100% true...I moved from Wyoming to Colorado and successfully made an account and purchased BTCS and even though my bank info/credit cards had my Colorado address, I made the mistake of using my Wyoming license for verification. They closed my account and of course my emails have not been returned so I just had to wave goodbye to $150

I just use bitcoin ATM's now which people think is weird 

 

[Natty]

there is an ongoing scaling debate between Bitcoin's developers. As such, Bitcoin is expected to 'hard fork' forming two new coins, Bitcoin Core (BTC) and Bitcoin Cash (BCC). This is due to happen on August 1st 12.20 UTC. Expect there to be significant market volatility around this date. 

Not my words, mail I received.

 

[screamingmimi]

Just got this email.   Seems if you keep money in BTC that's all you can use.   What I don't get, if you buy from there can you move it out?   Isn't it complicated enough? Now gotta find a new place.   Going to be on the news but chick talking about it said it would go up I mean down so I do'nt know.      What I do know is coinbase will be BTC only.    Seems like you can move it out but I can't tell. anyone?


Dear Coinbase Customer,

We wanted to provide an update on proposed changes to the Bitcoin network and what that means for bitcoin stored on Coinbase. You can read more about what a digital currency fork is https://blog.coinbase.com/what-is-a-bitcoin-fork-cba07fe73ef1.

Our first priority is the safety of customer funds. In the event of a fork, customer fiat currency (USD, EUR and GBP) and digital currencies (bitcoin, ether and litecoin) are safe.

On August 1st, 2017 there is a proposal to make changes to the bitcoin software. This proposal, known as Bitcoin Cash, is likely to create a fork in the Bitcoin network. This means that after August 1st, 2017 there are likely to be two versions of the Bitcoin blockchain and two separate digital currencies. 

In the event of two separate blockchains after August 1, 2017 we will only support one version. We have no plans to support the Bitcoin Cash fork. We have made this decision because it is hard to predict how long the alternative version of bitcoin will survive and if Bitcoin Cash will have future market value.

This means if there are two separate digital currencies – bitcoin (BTC) and bitcoin cash (BCC) – customers with Bitcoin stored on Coinbase will only have access to the current version of bitcoin we support (BTC). Customers will not have access to, or be able to withdraw, bitcoin cash (BCC).

Customers who wish to access both bitcoin (BTC) and bitcoin cash (BCC) need to withdraw bitcoin stored on Coinbase before 11.59 pm PT July 31, 2017. If you do not wish to access bitcoin cash (BCC) then no action is required.

We plan to temporarily suspend bitcoin buy / sells, deposits and withdrawals on August 1, 2017 as the fork is likely to cause disruption to the bitcoin network. This means your funds will be safe but you will be unable to access your bitcoin (BTC) for a short period of time.

We will keep you updated on this event through our blog, status pageand Twitter.

Thank you,

Coinbase Team

 

[screamingmimi]

@Natty   I had over $300 btc, moved to electrum now it's down to $192.  Be prepared to wait it out  Although now would be a good time to buy if  you use a credit card from coinbase and you can move it.

Why is no one else talking about this.  Some countries are going ape over BTC.   

 

[Natty]

@Natty   I had over $300 btc, moved to electrum now it's down to $192.  Be prepared to wait it out  Although now would be a good time to buy if  you use a credit card from coinbase and you can move it.

Why is no one else talking about this.  Some countries are going ape over BTC.   

Yea, I'm up early reading up on it to see whats going on, and what I can do. Your wallet amount got considerably lower..... How does that happen? You should be seeing a increase in your funds since the 26th of this month

 

[Natty]

What I’d advise you to do is not make any transactions a few days before and after August 1, 2017

 

[screamingmimi]

Yea, I'm up early reading up on it to see whats going on, and what I can do. Your wallet amount got considerably lower..... How does that happen? You should be seeing a increase in your funds since the 26th of this month

Wallet amount back up?  Maybe I checked during a temporary downslide.   Let us know what you find out.   Since coinbase never answers I'd like to know if I buy, can we move it out?   I don't get the difference between the two options anyway.  

 

[Natty]

Take your coins out of coinbase and put them all into a wallet ASAP b4 8-1-17. This may take several hours to process your transaction. fyi

 

[screamingmimi]

Take your coins out of coinbase and put them all into a wallet ASAP b4 8-1-17. This may take several hours to process your transaction. fyi

Did that!   

 

[screamingmimi]

Just heard about an exchange called Gemini.   The few reviews I read comparing it to Coinbase was good.  A friend of mine uses it.  I'll set it up soon and see how it goes.

 

[screamingmimi]

Ok Here's my Gemini Experience.   I start to register and it's supposed to email you an identification code. Never got mine so messaged them thinking weeks.     Well only a few hours later I got the code.

Signing up is easy.  It asks what country and state.  What I didn't like is that it has a list of banks that it uses so I couldn't use my regular bank but still.

It has SMS authorization and asks about using an Authy app for security but I passed.  I had to send them a pic of my DL.   Now I'm under review.   It says could be two weeks because of the load of new apps, not surprising with coinbase so we'll see.    It linked me pretty quick, I didn't need a seed.   It used my bank account, no credit card. 

I have not looked at fees yet.   Just wanted to get something going since Coinbase is a mess.   

 

[Natty]

Ok Here's my Gemini Experience.   I start to register and it's supposed to email you an identification code. Never got mine so messaged them thinking weeks.     Well only a few hours later I got the code.

Signing up is easy.  It asks what country and state.  What I didn't like is that it has a list of banks that it uses so I couldn't use my regular bank but still.

It has SMS authorization and asks about using an Authy app for security but I passed.  I had to send them a pic of my DL.   Now I'm under review.   It says could be two weeks because of the load of new apps, not surprising with coinbase so we'll see.    It linked me pretty quick, I didn't need a seed.   It used my bank account, no credit card. 

I have not looked at fees yet.   Just wanted to get something going since Coinbase is a mess.   

good job, thanks for putting this up here. I need to dig deeper into Gemini. I have only merely set up a account with them so far. 

 

[screamingmimi]

@Natty  did you know the Winklevoss bros did it?  A friend told me about it. 

Did they accept you yet?  They said 2 weeks.  My balance is up so I don't need to buy. I wish they'd let you enter a bank they don't have listed. I use my credit union account for Coinbase but I have an Ally account so that'll work. 

 

[LL74]

Reading through these pages I'm a little bettet off understanding it all but have a lot if learning how to pay using BTC. Some vendors accept payment through bit 4 coin dot net, no registration required apparently. Anyone used this one?

 

[screamingmimi]

https://www.cnet.com/news/bitcoin-cash-splits-in-two-in-blockchain-feud/

 

[Natty]

@Natty  did you know the Winklevoss bros did it?  A friend told me about it. 

Did they accept you yet?  They said 2 weeks.  My balance is up so I don't need to buy. I wish they'd let you enter a bank they don't have listed. I use my credit union account for Coinbase but I have an Ally account so that'll work. 

I did not. I don't know who they are. Ill google it and see who they are.

I don't recall being accepted or denied... I didn't really follow through once I found circle at first, then virwox followed by gocelery. Virwox is where ill probably but coin from after I convert it from ssl to btc.  Its confusing at first, but I did it before and it worked. Just have some fees. I can live w them.

 

[Natty]

https://www.cnet.com/news/bitcoin-cash-splits-in-two-in-blockchain-feud/

"Only some bitcoin exchanges will support the new cryptocurrency, but some bitcoin owners will find their stash automatically cloned into both types."

Exactly what I hope happens on my end!!!! I loved reading this statement. That's why it was important to move your btc from the blockchain that is of coinbase. They will not support this bitcoin cash last I read.