View Poll Results: Coinbase? cool or not cool

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  • They're cool

    0 0%

  • They're skimming off the top... not cool

    11 100.00%
  1. 03-27-22 09:52 PM #1
    rake922
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    Coinbase discrepancy on BTC price

    When purchasing BTC on Coinbase why is the price of BTC always higher?

    Here is the price shown on Coinbase







    Here is the price on Gemini




    Why is the price well over 47000 on coinbase yet everywhere else I'm seeing it's under 46990?!!
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  2. 03-27-22 09:59 PM #2
    TheMoneyShot
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    Rake my man.... I've told people about Coinbase skimming the last 4 years. They do it all the time. Gemini.com is the fairest "BUY".
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  3. 03-27-22 10:09 PM #3
    stevenash
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    Just took this screenshot 20 seconds ago.



    [IMG][/IMG]
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  4. 03-27-22 10:10 PM #4
    rake922
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    ok good to know that the biggest player in crypto is skimming
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  5. 03-27-22 10:11 PM #5
    rake922
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    nash there's a price shown there.... then a price to sell BTC at....and then a price to buy BTC at

    All 3 figures are likely different
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  6. 03-27-22 10:15 PM #6
    BeatTheJerk
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    Gemini exchange does this to me every single time as well I’m sick and tired of it.
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  7. 03-27-22 10:20 PM #7
    rake922
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    anybody use strike.me ?
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  8. 03-28-22 04:23 AM #8
    ChuckyTheGoat
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    It's "the rake". Those bastards.
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  9. 03-28-22 04:27 AM #9
    themike78
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    They also lie when they say conversions are free. I always get a few dollars less when I convert. They are all scams and will all be banned soon anyways.
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  10. 03-28-22 05:45 AM #10
    TheMoneyShot
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    Quote Originally Posted by BeatTheJerk View Post
    Gemini exchange does this to me every single time as well I’m sick and tired of it.
    It might be coincidence? But what I do.... I already know how much I'm going to buy.... once I log in. Say for instance... I haven't logged in... in a week. I hurry up and place the buy within 7 seconds of logging in. I don't want to give the system any chance for adjustment. I used to do this at Coinbase years ago. Once you log in... and dikk around for a minute... that's how fast Coinbase adjusts... the price keeps on going UP UP UP UP.... while everywhere else.... it's not going UP.
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  11. 06-10-22 11:48 PM #11
    ChuckyTheGoat
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    Quote Originally Posted by TheMoneyShot View Post
    It might be coincidence? But what I do.... I already know how much I'm going to buy.... once I log in. Say for instance... I haven't logged in... in a week. I hurry up and place the buy within 7 seconds of logging in. I don't want to give the system any chance for adjustment. I used to do this at Coinbase years ago. Once you log in... and dikk around for a minute... that's how fast Coinbase adjusts... the price keeps on going UP UP UP UP.... while everywhere else.... it's not going UP.
    As if these bastards couldn't make any more $$.
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  12. 06-11-22 04:35 AM #12
    Brewcity
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    Quote Originally Posted by rake922 View Post
    When purchasing BTC on Coinbase why is the price of BTC always higher?

    Here is the price shown on Coinbase







    Here is the price on Gemini




    Why is the price well over 47000 on coinbase yet everywhere else I'm seeing it's under 46990?!!
    After you actually buy too, you have less than what it says on that screen. They are making bank by screwing us. I'm surprised that they get away with it seeing as they are one of the 1st ones that sold out to the US government from a taxes perspective.
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  13. 07-10-22 09:58 AM #13
    Dr. Fager
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    On top of skimming, six day hold on USD bank deposits before assets can be sold or transferred is a deterrent for me. Have an account there but rarely use.
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  14. 07-10-22 10:26 AM #14
    yisman
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    they always skim

    different price for buying vs. selling

    and then they tack on a 1.5% fee

    they make a fortune
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  15. 07-10-22 11:31 AM #15
    flyingillini
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    It’s just another way they make money
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  16. 07-10-22 12:29 PM #16
    newton0038
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    Most exchanges are around 2.5% spread from buy and sell. Coinbase putting it to their clients by adding another transaction fee on top of their own spread. Bankruptcy looming for many crypto exchanges and clients that are all in on crypto.
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  17. 07-10-22 12:40 PM #17
    Yulia74
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    their testicles being stretched to the limit by cz at binance, theyre losing a mans fight
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  18. 07-10-22 04:18 PM #18
    gobucks
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    Quote Originally Posted by Dr. Fager View Post
    On top of skimming, six day hold on USD bank deposits before assets can be sold or transferred is a deterrent for me. Have an account there but rarely use.
    I wish it was 6 days for me....they just gave me a 14 day hold before funds could be transferred or withdrawn.
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  19. 07-10-22 07:16 PM #19
    Dr. Fager
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    That's ridiculous for a method of moving funds that's supposed to be expeditious. When I first started offshore, I had to use Fedex which was far better than what Coinbase currently offers. They are pathetic.
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