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HappyHippo posted:https://www.reddit.com/r/CoinBase/comments/w89s2g/accidentally_purchased_35000_worth_of_ethereum/ "Then you'll have to contact support (use the phone, it's easier). They will email you a case number. Use that case number to talk to support on reddit." I remember I had to speak to my bank once after they texted me a fraud alert. I pushed a button in my phone banking app, it called the bank and bypassing the IVR because it knew why I was calling. I spoke to someone and fixed my problem within two minutes. I guess that's not web 3.0 enough.
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Jul 26, 2022 17:38
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You're all forgetting that at the end of this process, accidental-23ETH-guy will be able to use Flexa to buy Chipotle through an immediate issuing of a gift card in a transaction that is somehow better than just using a debit card. He'll be a $35k stakeholder and get free stakeholder points and perks.
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Jul 26, 2022 18:29
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Party Ape posted:"Then you'll have to contact support (use the phone, it's easier). They will email you a case number. Use that case number to talk to support on reddit." I had the same thing happen to me. I contacted Coinbase support, and a rep got back to me within an hour and straightened the whole thing out. here's a link to their customer support *links Google form asking for all account credentials*
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Jul 26, 2022 18:54
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SeductiveReasoning posted:Correct me if I’m wrong, but even that is only possible because Coinbase is a centralized exchange and these transactions aren’t even happening on the blockchain. Well yeah the blockchain has no concept of real money to begin with. Although from the sounds of that description it seems like coinbase actually put the coins in his account? And will effectively "sell" them again to undo the transaction? Should be interesting if the price moves significantly between now and when the transaction is undone. Edit:  quote:You better hope the price of ETH stays flat or goes up, otherwise you’re fcked lol. Since you don’t have $35k in your bank account, the transfer will fail and Coinbase will deduct the 35k from your Coinbase account. It’s not about the 23 ETH but the actual fiat value of those 23 ETH.
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Jul 26, 2022 19:09
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Party Ape posted:"Then you'll have to contact support (use the phone, it's easier). They will email you a case number. Use that case number to talk to support on reddit." Wait, they seriously use loving Reddit as part of their support infrastructure? Is this person serious, or is this another scam? Even so, I guess I’ve got the tech support strategy figured out for my next hot startup. “Spend $10 to register at the Something Awful forums. Post a thread regarding your issue in the General Bullshit forum. A poster named Nooner will shortly be along to help you out.”
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Jul 26, 2022 19:15
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HappyHippo posted:https://www.reddit.com/r/CoinBase/comments/w89s2g/accidentally_purchased_35000_worth_of_ethereum/ Lol someone will pose as customer support and get his password
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Jul 26, 2022 19:17
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istewart posted:Wait, they seriously use loving Reddit as part of their support infrastructure? Is this person serious, or is this another scam? No that part's real, there were reports that coinbase support was telling people to post on reddit last week i believe
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Jul 26, 2022 19:21
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istewart posted:Wait, they seriously use loving Reddit as part of their support infrastructure? Is this person serious, or is this another scam? Guess they can't afford salesforce.
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Jul 26, 2022 19:29
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Party Ape posted:"Then you'll have to contact support (use the phone, it's easier). They will email you a case number. Use that case number to talk to support on reddit." Other than to ourselves, of course.
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Jul 26, 2022 20:02
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In web3 you can answer helpdesk tickets on reddit for customer support shekels, trade your cs shekels for an equivalent amount of woop woop coins, set up an instant gift card transaction to turn your woop woops into furry bucks, which you can then use to buy pron tokens or pay for erotic fan fiction or what have you
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Jul 26, 2022 20:10
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Web3 makes it possible for a simple purchase to be as predator and complex as a payday loan. It's going to change everything! e,c: 
LifeSunDeath fucked around with this message at 20:19 on Jul 26, 2022 |
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Jul 26, 2022 20:16
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LifeSunDeath posted:Web3 makes it possible for a simple purchase to be as predator and complex as a payday loan. It's going to change everything! I saw one of these and legit could not figure out if the guy was offering up his girlfriend or if he was going to take the hit himself and his GF was just going to be cool with it
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Jul 26, 2022 20:27
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Correct me if I'm wrong but isn't a diamond durable enough to survive a house fire
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Jul 26, 2022 20:29
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Like, theyre pieces of carbon that have been heated and compressed miles beneath the surface for an extremely long time, right? Isn't a house fire nothing in comparison? Am I taking crazy pills?
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Jul 26, 2022 20:30
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titty_baby_ posted:Like, theyre pieces of carbon that have been heated and compressed miles beneath the surface for an extremely long time, right? Isn't a house fire nothing in comparison? Am I taking crazy pills? They're flammable like coal
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Jul 26, 2022 20:33
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titty_baby_ posted:Like, theyre pieces of carbon that have been heated and compressed miles beneath the surface for an extremely long time, right? Isn't a house fire nothing in comparison? Am I taking crazy pills? they grow under specific conditions. you can crack a diamond with metal tools, they aren't stronger than metal they are harder though. They are a coal crystal, and coal can burn. Therefore:  vs steel: 
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Jul 26, 2022 20:34
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TIL diamond hands are vulnerable to getting burned
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Jul 26, 2022 20:36
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LifeSunDeath posted:they grow under specific conditions. you can crack a diamond with metal tools, they aren't stronger than metal they are harder though. They are a coal crystal, and coal can burn. Therefore: Huh, that makes perfect sense but always just kind of assumed diamonds were nigh invulnerable
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Jul 26, 2022 20:38
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i think they're brittle too, you can't grind them down but you can smash em
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Jul 26, 2022 20:40
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Serious_Cyclone posted:TIL diamond hands are vulnerable to getting burned Diamond hands can't melt steel beams
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Jul 26, 2022 20:42
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Diamonds are only good for showing how much you love a person, which is why you should double-up on your mortage and buy the most expensive De Beers jewelry you can find. Otherwise, the marriage won't last.
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Jul 26, 2022 20:53
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Cowcaster posted:i think they're brittle too, you can't grind them down but you can smash em Much like me.
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Jul 26, 2022 20:54
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Cowcaster posted:i think they're brittle too, you can't grind them down but you can smash em Indeed. https://www.youtube.com/watch?v=69fr5bNiEfc
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Jul 26, 2022 20:55
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One of my favorite rich people things is a lot of them wear fake jewelry. But why, I thought they were rich? Well, you see, you can't just like wear a $500,000 ring around everywhere. So you buy the real ring, have a replica of the real ring made, put the real one in the safe and wearing the fake one is completely OK, because you still own the real ring, even if you don't wear it out to eat where it can get lost or stolen.
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Jul 26, 2022 21:00
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nilered made "diamond" soda, that is he burnt a diamond to turn it into CO2, and then made soda water with that gas.
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Jul 26, 2022 21:07
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LifeSunDeath posted:they grow under specific conditions. you can crack a diamond with metal tools, they aren't stronger than metal they are harder though. They are a coal crystal, and coal can burn. Therefore: well ill be damned I knew about the hardness vs strength but just assumed a diamond would be able to take tje heat
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Jul 26, 2022 21:27
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HappyHippo posted:Well yeah the blockchain has no concept of real money to begin with. This is how real brokerages operate. A trade error cannot just be "reversed". The other side of the trade was legit and that seller isn't going to be responsible for undoing the trade. If they need to bust a trade due to an error, they place a market trade in the opposite direction. If the market went the right way the brokerage will pocket the profit. If it went the wrong way then it depends on the cause of the error. If the broker was responsible they will eat the cost. If the client is responsible they will need to pay the difference. Now a good brokerage will have some guardrails in place so a client can't easily buy $35k worth of something if they dont have the cash or margin to cover it. Because if they don't cover then the broker is still on the hook for paying. They can send a client to collection if they don't pay but they have to make sure the cash is sent to the selling party on time.
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Jul 26, 2022 21:35
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Update https://www.reddit.com/r/ethereum/comments/w8shhs/update_on_accidental_35000_ether_purchase/ quote:
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Jul 26, 2022 21:41
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Why would coin base do anything to help? After all isn’t code law? Decentralization? Etc?
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Jul 26, 2022 21:49
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Why did you guys let the price go up again? I was counting on you to crash it completely.
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Jul 26, 2022 21:57
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Zero One posted:Update Additional at all of the replies where people not only think this guy tripped over a fantastic opportunity, but they tried to re-create it for themselves. Just lining up to get cleaned out by a bank.
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Jul 26, 2022 21:59
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Zero One posted:Update And the comments are a combination of people excited at the prospect of unlimited leverage and some of the worst financial advice I've ever seen, in case you were in any doubt that these people are anything but degenerate gamblers.
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Jul 26, 2022 21:59
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Lol I just got a random PayPal invoice asking me for $500 for a Bitcoin purchase. I knew immediately at least one person has fallen for this. Sigh.
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Jul 26, 2022 22:06
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StrangersInTheNight posted:Lol I just got a random PayPal invoice asking me for $500 for a Bitcoin purchase. I knew immediately at least one person has fallen for this. Sigh. and you turned down this extraordinary deal? disgusting
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Jul 26, 2022 22:07
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/\/\/\ I'll be regretting passing on such an amazing opportunity it in ten years, just you wait All you have to do to send an invoice from PayPal is click the Invoice section and fill it out to whomever you wish, you can send an invoice to the Pope if you had his email addy. But people hear the word 'Invoice' and get all flustered that it must be something official
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Jul 26, 2022 22:07
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StrangersInTheNight posted:Lol I just got a random PayPal invoice asking me for $500 for a Bitcoin purchase. I knew immediately at least one person has fallen for this. Sigh. I bet that person also got a great deal renewing the extended warranty on their automobile.
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Jul 26, 2022 22:09
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Isn't the impossibility of reversing transactions supposed to be a major feature of cryptocurrency. Even more so Ethereum with self-executing contracts that you can't renege on unless you get 51% of the distributed trustless verification network to agree
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Jul 26, 2022 22:11
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Three Olives posted:One of my favorite rich people things is a lot of them wear fake jewelry. But why, I thought they were rich? Well, you see, you can't just like wear a $500,000 ring around everywhere. So you buy the real ring, have a replica of the real ring made, put the real one in the safe and wearing the fake one is completely OK, because you still own the real ring, even if you don't wear it out to eat where it can get lost or stolen. Like magic card proxies.
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Jul 26, 2022 22:11
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Spazzle posted:Like magic card proxies. Obligatory link: https://www.youtube.com/watch?v=ShpB2aO0vXM
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Jul 26, 2022 22:16
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VitalSigns posted:Isn't the impossibility of reversing transactions supposed to be a major feature of cryptocurrency. On paper, yes. However the user has not actually bought any crypto. They gave 35,000$ to coinbase for them to buy that crypto and put an entry in Coinbase's database that that portion of their Eth belongs to that user. No actual transaction will happen on the blockchain (apart from Coinbase's regular book-balancing) until the user transfers the coins to some non-Coinbase wallet. In other words, Coinbase are 100% lying, and could perfectly well reverse that transaction. They just don't want to.
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Jul 26, 2022 22:19
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