I never actually believed it until it happened to me. I purchase 1 Litecoin from coinbase after doing thousands of dollars in business with them at least 3 times a week and have never had a problem…now all the sudden they returned my payment for the 1 litecoin and are holding $200 worth of Bitcoin and LItecoin hostage until I pay $100…here’s the problem…I have made numerous attempts for the past 4 days to pay them…their card processing system is not working or something because it says it took my payment and then nothing happens…I have contacted them numerous times and opened up numerous cases…supposedly a “specialist” is working on my account…
In the meantime…the market crashes and since my account is on hold because of this crap…I am loosing money because coinbase does not know how to hire technicians only phone operators. Its like all they do is answer the phone to just jot down a message as a e-mail ticket which is no different than their support has always been…THE CRAPPIEST IN THE BUSINESS!!!
I will no longer be doing business with coinbase and I highly recommend anyone who is using coinsbase to NOT STORE FUNDS IN COINBASE WALLETS…THEY WILL STEAL YOUR FUNDS JUST LIKE THEY DID TO ME AND CLAIM YOU ACCOUNT IS JUST ON “HOLD”. when the fact is that I will more than likely never see that money ever again!
THE ONLY HOPE i HAVE LEFT IS THAT THE TICKET EXPIRES IN 30 DAYS WHICH COINBASE ACCOUNTS RESET AFTER 30 DAYS ACCORDING TO THEIR “RULES”
i have learned a lesson that is way more valuable than the coins that were stolen form me are worth…and that is to TRUST NO ONE!!! NOT EVEN THE ONE EVERYONE ELSE TRUSTS!!! Monopolies like coinbase will be the death of Bitcoin that we all know and love!!!