| >Rather the question was specifically for the cases where "there is a delay" It appears to be the case that Coinbase honors the price and, in fact, we know of at least one case wherein it goes beyond that. That is, they gave the buyer BTC at the new, lower price when the unreasonable delay would have otherwise meant a significant loss, had they enforced the higher price quoted at buy time. I believe that was posted somewhere on this thread. >The risks on these transactions would only occur in case of BTC dropping. But, that's a non-statement, right? I mean, the risk is involved because no one knows whether the price will go up or down at the time of the transaction. To say there is only risk if the price drops implies the benefit of hindsight. Perhaps you meant to say there is only a loss incurred if the price drops. I'm not being pedantic. The difference is significant. The former implies that there is a scenario under which there is no risk. But, in fact, there is always risk. It just may be that all works out fine (i.e. the price does not drop before fulfillment). >But "any experience", how did you deduct that? Perhaps I misunderstood your original question regarding the buying process at Coinbase. Initially I thought you were asking about the simple-case, which would imply that you had no experience as a buyer. You've clarified that you were inquiring about the unreasonable delay scenario, so I retract that. >Right back at you I'm sure we all have our moments. :) |