Quote from: BitchicksHusband on May 13, 2014, 12:15:01 AM

Quote from: aminorex on May 12, 2014, 11:17:23 PM

Quote from: BitchicksHusband on May 12, 2014, 06:10:31 PM

Quote from: aminorex on May 12, 2014, 10:43:27 AM

Quote from: BitchicksHusband on May 12, 2014, 09:17:00 AM

Well, here in the US, I don't expect any problems, but I guess we'll find out soon. I mean, certainly I wouldn't be the first person to test Coinbase's $50,000 limit, right? And since they have already done KYC, it shouldn't be a problem, should it?

i tried to take out 40k via coinbase in december and failed. but the larger point is that even if coinbase does not fail, or you use local exchange, whatever, then trying to move the fiat thereafter is not necessarily going to work well. you may be better off spending btc.

What was the nature of the failure? Did your bank refuse the transaction? If so, was it a big 5 bank (Wells, Chase, BofA, Citi, etc.) or a local bank, credit union, etc.?

Unclear. Money never showed up. Coinbase was unable/unwilling to speak to non-merchant clients on the phone. Email was queued unanswered for a week before I finally called the merchant support number, got an overworked harried and apologetic gentleman who said the transfer would be cancelled. By then it had lost much of its value, so I didn't try selling any more, started accumulating again.

Was it a big 5 bank? I know that BofA in particular pretty much cancels any bitcoin transaction that they notice.

And Chase, from what I've heard and read, they apparently hate bitcoin too. My fiancee had a VERY bad experience with Chase once. Stay. Very. Far. Away.