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by coinbase-craig 4217 days ago
Hi, my name is Craig. I'm a real engineer. The reason I answer things this way is because I haven't actually been given explicit permission to respond to these kinds of things on behalf of the company, and I never want to open a can of worms by saying more than I should or than is necessary. So, you are wrong. This is definitely the real me here.

You are also wrong about the issue. What you are referencing is a specific time about a year ago. Note that all the posts you reference are exactly 343 days ago. Those issues have long been resolved on both individual and general scales. To bring them up now as if they are current issues is dishonest. We had one support person and a ticket queue of 8,000 items in the middle of a massive bubble and pop. That is why support "went dark". It took weeks to respond because it was not humanly possible to respond faster. We were working night and day. Now we have a team of 40 support with live chat, so it won't happen again.

The more common criticism we receive, and the one I was responding to, is the notion that we cancel orders due to "high risk" as an excuse when the price goes up (not down), because the coin is now more valuable and we'd profit by keeping it ourselves. That's just not how we work, and we have never done that. (It is never noted that we cancel as many transactions due to high risk when the price goes down, with the effect of actually saving false-positive users money they otherwise would have lost.) If you do not think this is our biggest criticism, or if you think the ones you referenced are still relevant, then you do not know enough about Coinbase to be making the claims that you are.

1 comments

that may be true, but that time was the only time that I tried to purchase Bitcoins online with USD... I ended up using some local options