Question about coinbase

[themike78]

Was wondering if anyone familiar with coinbase can let me know if I purchase bitcoins using my checking account how long it takes for bitcoins to show up in my account. Also how long it takes for checking account to be debited and if you need enough in your checking account for it to go through. Basically is it like a check where I can wait a few days to have the money in my checking account to cover it? Thanks

[kaliboyz]

Will take 3-4 business days for them to credit, but it take the next day for them to debit from your checking account. Because, 1 day for them to debit your account, so wait 2-3 days for the fund to be cleared, then they will credit the btc in your account after everything cleared. I hope this help!

[themike78]

ok thanks for the info

[kaliboyz]

No problem!! Just paying forward and help others with your experience and knowledge!

[raiders72001]

Coinbase is shutting down suspected of gambling.

[sourtwist]

raiders please elaborate

[rangerz2478]

raiders please elaborate

It's false.

[BigDaddy]

Coinbase is shutting down suspected of gambling.

you serious?

[sourtwist]

everything about bitcoin as far as anonymity and simplicity, I have found to be quite the opposite. books have not used this option to anyone's benefit but theirs.

[jjgold]

coinbase is becoming a legit exchange for bitcoin trading

I am sure you will not be allowed to use for gambling

[raiders72001]

It's false.

Many have been shut done including myself.

[raiders72001]

raiders please elaborate

I'm not sure how the suspect that you are making gambling transactions but they will send something to you spelling out the terms of their service staing that transfers aren't to made for gambling purposes. No money has ever been confiscated.

[raiders72001]

Coinbase ,LocalBitcoins, Trucoin, Bitstamp, BTC-e, Cryptsy, Bitfinex, Bitfloor, CampBX, Kraken, CaVirTex, VirWox, Poloniex, ATM


USA: Coinabse, LocalBitcoins, Trucoin, ATM

[raiders72001]

Coinbase has recently been demonstrating why consumer regulation is such a problem. The company seems to be tracking what their customers are buying with Bitcoin and closing any accounts involved in transactions that the company objects to.It is probably no secret that Bitcoiners are not fans of regulation. What is generally misunderstood though is that the aversion is not to regulating in general. We understand that in the real world, the big financial powers are never regulated in a practical sense. Consumers, on the other hand, are heavily regulated.Regulations are almost never designed to protect the consumer. Instead they are put in place as a way to control the flow of consumer spending and to protect the interests of the financial sector. The New York BitLicense is a good example of this problem, as it was designed to favor *********** companies and put a burden on Bitcoin development and acceptance.Now Coinbase has been banning user accounts that send Bitcoin to gambling sites, even though online gambling is not illegal. One Reddit user also complained that coinbase banned his account for allegedly purchasing cannabis products with coins purchased from the service.

http://cointelegraph.com/news/113207...their-bitcoins

[raiders72001]

Nitrogen has many wallets for withdrawals and you can change your deposit address up to 5 times a day. You can also use a mixer. https://bitmixer.io/ It's not a big deal since no one's money has been confiscated yet. If Coinbase shuts you down, use another.

[tb1984]

Many have been shut done including myself.

Did you use blockchain to mask transactions?

[raiders72001]

Did you use blockchain to mask transactions?

I was going Coinbase.com to blockchain.info to sportsbook and viceversa. I never went Coinbase to sportsbook.

[raiders72001]

There still is a record of every bitcoin transaction. Because Coinbase needs your personal information it makes it easy to track all your transactions. The only way to fool everyone is to use a mixer.

[thespeculator]

I was going Coinbase.com to blockchain.info to sportsbook and viceversa. I never went Coinbase to sportsbook.

They shut u down ,u weren't going directly to a book. That is ridiculous . They are monitoring your transactions more than any bank. What is the point of btc ,if they r going to do that

[sheepgotwool]

So now you need to purchase at coinbase or another site than send to a bitmixer than to a wallet like blockchain and than to sports book ???? What a pain in the arse . Just bought my first bitcoins and this thread pops up ! haha

[jjgold]

way too complicated for me

Pass

[soxwin1917]

way too complicated for me

Pass

I think we've all figured that out by your previous posts.

[raiders72001]

So now you need to purchase at coinbase or another site than send to a bitmixer than to a wallet like blockchain and than to sports book ???? What a pain in the arse . Just bought my first bitcoins and this thread pops up ! haha

Just stay away from Coinbase and you are fine. Coinbase wants personal information. You should never give out personal information. You want to stay anonymous.

[raiders72001]

Using bitcoins is very simple. Each transaction is just copy/paste an address and then one click to transfer. Deposits/withdrawals are instant with many true bitcoin books.

[gilbert91016]

Who would you guys recommend using instead of coinbase ??

[raiders72001]

Who would you guys recommend using instead of coinbase ??

1. Circle

2. Localbitcoins - Great since you can use many methods, Paypal, CC, Bank deposit, in person and more. Bitcoins kept in escrow to keep transactions safe. Trade with a guy with a great rep.

3. Trucoin - New kid on the block, instant transactions CC. there haven't been any problems but I'm not going out on a limb to recommend for others since they are semi-new. Doesn't accept all states.

[gilbert91016]

1. Circle

2. Localbitcoins - Great since you can use many methods, Paypal, CC, Bank deposit, in person and more. Bitcoins kept in escrow to keep transactions safe. Trade with a guy with a great rep.

3. Trucoin - New kid on the block, instant transactions CC. there haven't been any problems but I'm not going out on a limb to recommend for others since they are semi-new. Doesn't accept all states.

Thanks man. New at this Bitcoin thing trying to figure it out

[raiders72001]

Nitrogen has many wallets for withdrawals and you can change your deposit address up to 5 times a day. You can also use a mixer. https://bitmixer.io/ It's not a big deal since no one's money has been confiscated yet. If Coinbase shuts you down, use another.

To clarify, Nitrogen uses many wallets and you can change your deposit address if you want but I've never changed it.

You don't have to use a mixer.

[raiders72001]

Thanks man. New at this Bitcoin thing trying to figure it out

No problem. It seemed very complicated and confusing to me when I first started. Now it's the easiest, fastest and without hassle.

[Texans365]

To clarify, Nitrogen uses many wallets and you can change your deposit address if you want but I've never changed it.

You don't have to use a mixer.

JETWIN uses new address every time you deposit (Coinbase can be used directly). They also offer multicurrency accounts, welcome bonus and instant withdrawals.

[gilbert91016]

Raider can u go from coinbase to circle to sportsbook? Or how would u work it out

[raiders72001]

Raider can u go from coinbase to circle to sportsbook? Or how would u work it out

I go Circle to blockchain.info to sportsbook.

[gilbert91016]

Thanks for all the help

[raiders72001]

JETWIN uses new address every time you deposit (Coinbase can be used directly). They also offer multicurrency accounts, welcome bonus and instant withdrawals.

Same with Nitrogen. You can go go Coinbase directly to Nitrogen.................Anonibet giving away a 10% bonus with a 1x rollover and you can keep balances in US Dollars if you are worried about price fluctuations.

[raiders72001]

Thanks for all the help