Hi Everyone,
I have been obtaining bitcoins through Dwolla --> Mtgox and Coinbase. Recently because I could lock in the price with Coinbase, I started using them more. I locked in a purchase at $90 per coin, which is obviously worth much more now. It was supposed to clear today, and today right before it cleared, I received an email saying the following:
"Unfortunately, we have decided to cancel this order because it appears to be high risk. We do not send out any bitcoins on high risk transactions, and you will receive a refund to your bank account in 3-4 business days.
Please understand that we do this to keep the community safe and avoid fraudulent transactions. Apologies if you are one of the good users who gets caught up in this preventitive measure - we don't get it right 100% of the time, but we need to be cautious when it comes to preventing fraud.
You may have more luck trying again in a few weeks. Best of luck and thank you for trying Coinbase.
Kind regards,
The Coinbase Team"
To me, this is very convenient, as the coins are worth much more now. I had already purchased several coins before from them without issue (however they had not gone up in value nearly as much). After having my funds locked up from March 28, until today April 2nd, I now have to wait for it to be refunded so that I can slowly transfer it into Mtgox via Dwolla.
I just wanted to warn anyone else so they don't have the same problem.
I have been obtaining bitcoins through Dwolla --> Mtgox and Coinbase. Recently because I could lock in the price with Coinbase, I started using them more. I locked in a purchase at $90 per coin, which is obviously worth much more now. It was supposed to clear today, and today right before it cleared, I received an email saying the following:
"Unfortunately, we have decided to cancel this order because it appears to be high risk. We do not send out any bitcoins on high risk transactions, and you will receive a refund to your bank account in 3-4 business days.
Please understand that we do this to keep the community safe and avoid fraudulent transactions. Apologies if you are one of the good users who gets caught up in this preventitive measure - we don't get it right 100% of the time, but we need to be cautious when it comes to preventing fraud.
You may have more luck trying again in a few weeks. Best of luck and thank you for trying Coinbase.
Kind regards,
The Coinbase Team"
To me, this is very convenient, as the coins are worth much more now. I had already purchased several coins before from them without issue (however they had not gone up in value nearly as much). After having my funds locked up from March 28, until today April 2nd, I now have to wait for it to be refunded so that I can slowly transfer it into Mtgox via Dwolla.
I just wanted to warn anyone else so they don't have the same problem.