coinbase is a total scam .. localbitcoins is legit!
Why is that?
I use Coinbase and my main concern is Coinbase being in bed with the US government. I am a US citizen. I am worried about them reporting to the IRS one day down the line. Based on my understanding they couldn't get me from anything because it wasn't considered anything to be taxed at the time but I know very little about the legal side of what I am doing.
they are ALREADY reporting to irs
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BoardBitcoin Discussion
Re: Beware of CoinBase
by
fatguyyyyy
on 14/07/2015, 00:52:28 UTC
its a digusting service .. i have had nothing but bad experiences with coinbase. what happens if their site gets hacked? then identity theives get your personal info! No thanks!
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BoardBitcoin Discussion
Re: Beware of CoinBase
by
fatguyyyyy
on 14/07/2015, 00:32:50 UTC
coinbase is a total scam .. localbitcoins is legit!
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BoardBitcoin Discussion
Re: Those with an incentive to attack the bitcoin network
by
fatguyyyyy
on 14/07/2015, 00:32:08 UTC
govt, nsa, etc. .. big banks. Almost anyone 'big' has an incentive to take down bitcoin
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BoardAuctions
Re: Sr Member Account for auction!
by
fatguyyyyy
on 22/06/2015, 00:45:24 UTC
I offer .45btc and we go through escrow
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BoardAuctions
Re: LEGENDARY ACCOUNT FOR SALE
by
fatguyyyyy
on 22/06/2015, 00:44:01 UTC
I offer 3 btc with escrow. PM ME
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BoardBitcoin Discussion
Re: Warren Buffet saids: “Stay Away From Bitcoin”
by
fatguyyyyy
on 22/06/2015, 00:22:26 UTC
he's an old geezer .. who cares what he thinks
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BoardService Discussion
Re: Global Localbitcoins Volume Charts
by
fatguyyyyy
on 22/06/2015, 00:07:53 UTC
thx for the link .. localbitcoins is great but there are lots of scams on there
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BoardSpeculation
Re: Bitcoin Black Holes and it's effect on price
by
fatguyyyyy
on 19/06/2015, 22:11:24 UTC
Logically, the price would have to go up
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BoardAuctions
Re: Sr Member Account for auction!
by
fatguyyyyy
on 17/06/2015, 01:45:51 UTC
i bid .03
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BoardBitcoin Discussion
Re: Banks are 'very excited' said Bitpay
by
fatguyyyyy
on 17/06/2015, 01:42:59 UTC
banks are 'very excited' about copying bitcoin's blockchain infrastructure .. not about Bitcoin itself
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BoardBitcoin Discussion
Re: Classic Bitcoin Polls - What is your all time favorite Bitcoin wallet?
by
fatguyyyyy
on 16/06/2015, 17:07:09 UTC
Electrum, no doubt about it
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BoardEconomics
Re: I need bitcoin to be $690 to break even.....will I make it?
by
fatguyyyyy
on 15/06/2015, 23:15:05 UTC
Funny, I am in the same boat. I bought a large amount of bitcoin at $650-$700 and I've been suffering ever since ..
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BoardBitcoin Discussion
Re: anyone read this article: The scam called Bitcoin?
by
fatguyyyyy
on 15/06/2015, 23:08:37 UTC
the financial elite are growing concerned about Bitcoin .. likely you will see more articles like this appearing as the price goes up and as mainstream adoption increases
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BoardBitcoin Discussion
Re: How to protect against the bitcoin robbery?
by
fatguyyyyy
on 10/06/2015, 22:38:02 UTC
do the deal in a public place
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BoardEconomics
Re: What awaits Bitcoin in the future? (poll)
by
fatguyyyyy
on 10/06/2015, 22:36:39 UTC
bitcoin is not a bubble .. it has huge potential. I am not sure if govt will try to crush bitcoin if it becomes too popular though
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BoardBitcoin Discussion
Re: Circle Android app has 10,000 to 50,000 downloads.
by
fatguyyyyy
on 05/06/2015, 20:54:36 UTC
With Circle, you dont even control your bitcoins .. it makes bitcoin centralized, which is the opposite intent of cryptocurrency. I can't believe people are actually using this dubious service ..
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BoardBitcoin Discussion
Re: World’s Bitcoin Exchanges Track and Report Customer Activity