I had the right instincts to sell fast and knew that it would be a good time for me to get rid of some Bitcoin Cash, when it hit close to a smashing 4k on December 20th.
Amazing deal, I thought and at the right time for my well deserved little mountain holidays in Lienz with BUT Coinbase Inc. wouldn't allow me to exchange to Euro to send to my bank account and today I found out that it went down to 3.4k.
They are all Some kind of jokers!
Thanks to STEEM and SBD I can go anyways :)
I lived on an island, celebrating mostly Hinduh traditions, much more than Christian ones and I couldn't see myself chasing for those trees, decorate, bake and run shopping for presents, among masses under steroids to get the right gift in last minute.
Last year I really enjoyed Vienna in December and had a lovely time with my daughter but this year, I decided to leave the European X Mas madness aside and fulfil one of my wishes to ski in the Dolomite mountains with extra cash in my pocket. Skiing is expansive these days as I was told. A sale for some of my BCH would have made it possible.
Lienz is waiting anyways....... See are leaving on Dec. 22nd and offline for a bit!
What happened with BCH Coinbase Transactions?
Here is what I found out online, after being all excited that Coinbase enabled Bitcoin Cash. I moved it out of my Exodus wallet, paid my fee and was ready to do the sale, to be informed that its not possible. Today I even got another message that I better sell smaller amounts, to "assure to get a fair price I should break it down".
Dec.20th,2017: "I dont care how you slice it, this is INSIDER TRADING! Someone with alot of Bitcoin knew "coinbase" would add Bitcoin Cash BCH and took one BIG chunk of profit from the "flippening". Whoever you are you are your making crypto look like wall st. Shame on you Source: CryptoSoldier (@NoTimeToSearch)
Coinbase halts Bitcoin Cash transactions amidst accusations of insider trading
Coinbase has launched an internal probe to identify whether its employees engaged in insider trading of Bitcoin Cash shortly before the cryptocurrency was officially introduced to the exchange yesterday. Increased trading led to a spike in Bitcoin Cash’s valuation, and just four hours after its introduction, Coinbase suspended trading of the digital currency.
I like things to be simple but this is too much hussle for a so called "mainstream and still kind of new " crypto-girl like me. I wonder, when it will change, to simplify such transactions in general.
I gave up selling and now I sit on my coins at coinbase.
Coinbase’s swift shutdown of Bitcoin Cash support came in the midst of many on Twitter raising suspicions last night about the unusual spike of Bitcoin Cash prices.- Source
Bitcoin Cash became the third largest cryptocurrency after Bitcoin and Ether in terms of market cap and its value has steadily risen from $1,500 last month.
You see, those kind of BS things, I don't really understand, nor like and still puzzles me in this crypto world. There are too many exchange operations who seem like criminals to me. Am I wrong?
I hope that Coinbase will come out with an explanation soon.
News per today Dec.21st,2017 : Coinbase investigates insider trading after Bitcoin Cash price spike
I mentioned about my story a few times that I am still chasing for my bitcoin, lost due to an unauthorised withdrawal, I never approved. Anyways, now its gone with the winds and nobody replies to my tickets since May.
This time Coinbase messed up my extra cash for my Christmas!
Not cool!
Since June 2016 I do not power down ever and since STEEM is my preferred coin, I hold for longterm.
I will just forget the additional skiing adventure and go sliding :) instead.
Anyways....Merry Christmas!
Yours @mammasitta
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