But only one specifically frustrated me so much. Coinbase, is the wallet that will not let you have access to "your" account and "your" coins whenever you want, they will not even let you withdraw money if you convert your coins into /$. In your most critical moments of investing, you have actually nothing.
I chose to have Coinbase as my main wallet, as I can buy and sell (or I thought) anytime Bitcoin/Ethereum/Litecoin.
Every damn time a currency is suddenly raising (has a bump) and there is sure it will again drop or it will be down and it is going to go up, Coinbase will NOT let you have access to your account! You are left to see in agony without any way to have access to something that belongs to you.
Coinbase is not also letting me withdraw the money I convert into . It gives me no option of card or something when I go to withdraw. They are good at getting your money and coins and that's all!
Coinbase cost me lot of money and I can do nothing about that. Even their support is never answering in any of my questions (not even why I can't withdraw)
First, you shouldn't be so hard on Coinbase. They're not doing this to fuck with you. They're the most popular cryptocurrency exchange and are receiving crazy amounts of volume in requests to open new accounts and conduct trades. Further, if there's a "run on the bank" they may halt trading...this is NORMAL! It prevents the business from folding because of emotional and "follow the leader" investor behavior.
Coinbase recently sent a note to all customers explaining how they are expanding their network to handle transactions faster.
When you say "they aren't letting me withdraw" what do you mean exactly. You need to give us more details. What are you doing, what response do you get from them, what does your screen say, etc.
If you wish to have Coinbase as an online wallet after that, be my guest! I will personally take my coins and wave bye-bye (especially after I will have my hardware wallet and there are other, more good and ethical online wallets) to these scammers. Good luck to everyone that will not.
Second, if you're not happy with Coinbase, take your business elsewhere! There are many cryptocurrency exchanges, most of them would be happy to have your business...as long as you don't rant to much about them for questionably justifiable reasons.
Finally, the fact that you can't withdraw your coin is actually making you money. The market is up huge and continues to rise. Recognize this, and appreciate the fortunate accident you're realizing in very real terms.
If you take the public address they give you for BTC and check the official block-chain using that address then you might find out just like me
that the address has no transactions against it so this begs the question are they creating there own coins and holding them on an internal database.
There's no transaction history because they're a bank and you don't actually have any of your money earmarked for you, it's all on one pool. The wallets and numbers you see in your account represent an "i owe you"...just as occurs in a fiat based bank. As soon as someone sends money to your wallet it is immediately transferred out of your wallet to the Coinbase wallets, the general pool of funds used to cover other people's transactions.
This is how all banks have operated for over 100 years.
I don't think anyone will be getting Bit-Gold from the fork if they held BTC before the split.
And I can confirm that you'll never get "Bit-Gold", ever. That's because "Bit-Gold" doesn't exist, it's not a cryptocurrency.
Please slow down your rants here so they aren't spreading misinformation.