Is this only true for traders or for anyone with btc held on their service?
I hope I dont run into the same problems as above.
My experience with coinbase has been positive. I have moved about 75K in trasactions with them. Buy instantly as well as selling on an almost daily basis. I sell my mining coin on a daily bases to show income for tax puposes. I have been doing about 600 a day when btc is over 900.
So far the only problem I have had was before I had instant buy enabled.. I had an order in to buy but had to wait, during that time I moved money to a different account and when coinbase went to withdraw it was NSF transaction cancelled, not their fault at all.
If I start having issues with them in the future I will post back here.
so far my experience with them was the same. But i made a purchase before coinbase reached 1000 and they canceled in the last minutes since i bought @ 230 and they had to pay triple, and they canceled my purchase. it has been past 5 weeks and every transaction i do with them is canceled. Once they have your account on the block side it's very hard the get it back.