3 ms·

Assuming you are the author, how is it that your title is "Why you can't cash out", yet you write "Lots of people can cash out"? Can you clarify who is being r

by nonbel 9y ago

Assuming you are the author, how is it that your title is "Why you can't cash out", yet you write "Lots of people can cash out"? Can you clarify who is being referred to by "you"? At first it would seem to be "everyone", but that is clearly not what you mean.

davidgerard 9y ago
"you" is the "you" in particular who is having problems. I've found this has been pretty clear for pretty much everyone who isn't a cryptocurrency advocate, fwiw. I note at the end: "It’s nice if you had no trouble yourself, but 'I’m all right Jack' is not the attitude for this series of posts." I'm finding more and more reports just from normal people who foolishly tried cryptos to see how this all works. Latest is Rory Cellan-Jones, who happens to be writing it up in his capacity as a BBC journalist: http://www.bbc.co.uk/news/technology-42454876 http://www.bbc.co.uk/news/technology-42454876 - I'm sure he'll be documenting the "transaction suspended in mid-air" experience in detail, to Coinbase's delight.
- nonbel 9y ago
  > '"you" is the "you" in particular who is having problems.' Thanks, do you have any insight into what characteristics the people who are having problems may share?
- nonbel 9y ago
  From your link: >"In theory that is simple enough and indeed I have sold £500 worth for a small fee. But actually getting that cash into my sterling bank account is far from seamless - so far I am a week in to what promises to be a two-week process." It sounds like 1-2 weeks is what you should expect from coinbase: >"When you place a sell order or withdraw USD to a US bank account, the money usually arrives within 4-6 business days." https://support.coinbase.com/customer/en/portal/articles/1392026-how-long-does-a-sell-or-withdrawal-take-to-complete- https://support.coinbase.com/customer/en/portal/articles/139...

3 ms·

Assuming you are the author, how is it that your title is "Why you can't cash out", yet you write "Lots of people can cash out"? Can you clarify who is being r

by nonbel 9y ago

davidgerard 9y ago
"you" is the "you" in particular who is having problems. I've found this has been pretty clear for pretty much everyone who isn't a cryptocurrency advocate, fwiw. I note at the end: "It’s nice if you had no trouble yourself, but 'I’m all right Jack' is not the attitude for this series of posts." I'm finding more and more reports just from normal people who foolishly tried cryptos to see how this all works. Latest is Rory Cellan-Jones, who happens to be writing it up in his capacity as a BBC journalist: http://www.bbc.co.uk/news/technology-42454876 http://www.bbc.co.uk/news/technology-42454876 - I'm sure he'll be documenting the "transaction suspended in mid-air" experience in detail, to Coinbase's delight.
- nonbel 9y ago
  > '"you" is the "you" in particular who is having problems.' Thanks, do you have any insight into what characteristics the people who are having problems may share?
- nonbel 9y ago
  From your link: >"In theory that is simple enough and indeed I have sold £500 worth for a small fee. But actually getting that cash into my sterling bank account is far from seamless - so far I am a week in to what promises to be a two-week process." It sounds like 1-2 weeks is what you should expect from coinbase: >"When you place a sell order or withdraw USD to a US bank account, the money usually arrives within 4-6 business days." https://support.coinbase.com/customer/en/portal/articles/1392026-how-long-does-a-sell-or-withdrawal-take-to-complete- https://support.coinbase.com/customer/en/portal/articles/139...