12-29-2019, 11:48 AM
(12-28-2019, 02:16 AM)killingstress Wrote:(12-27-2019, 09:42 PM)Richardg8092 Wrote:(12-27-2019, 07:02 AM)Mabuhay718 Wrote: ....Cash App and Coinbase are probably the easiest methods of purchase....
On two different occasions I have had Coinbase delay the transfer of my bitcoins "for 72hours for your security".
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Yes, cause, Coinbase, after all, is like a " PayPal " they can frozen whatever and whenever they want .
Agreed. The second my btc transaction clears I transfer it away from coinbase and then it is totally under my control. I would never pay a newsagent direct from Coinbase since they look for those sorts of transactions. It always goes via a wallet, or two, first.
Never had the 72hr problem, but would be furious if I did. Anything could happen to the value in that time. Ok, I might forgive them if it increased so I made a profit, but it is pretty random. I made money on btc years ago because I was in from very early on - my first bitcoin cost $20. These days it is 50/50, sometimes I'm up, sometimes I'm down. But I never spend what I can't afford to lose.
As a form of payment I like it because there is no ambiguity about whether it went through.