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RE: The US Government Clamps Down on Ability of Americans To Purchase Bitcoin

in #bitcoin7 years ago

Heartening to read sensible and accurate Cryto commentary. I live in Australia and although now in my sixties I am learning and have actually managed to buy myself a cold storage wallet and put my Bitcoin and Etherum purchases on to it. I thought I would buy some Litecoin (unfortunately not available on the Australian exchange I am using) so tried to sign up on Coinbase a couple of weeks ago. My account is open - everything has been authorised except my credit card and that is because the 2 small transactions that I need to enter are not appearing on my online Bank Statement. I suspect the word "Coinbase" is the problem because every other transaction made since then, has appeared. I will preserve! And in the meantime I am doing my best to ignore the nayesayers who tell me that Bitcoin is a scam soon to disappear, along with the "valuable" fiat dollars I used to purchase it with. The harder they try to frighten me, the more I am convinced I am on to a winner. Good article!

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I had the exact same problem with Coinbase; only one small transaction was posted in my bank account, not the 2 required to verify your account. I've tried contacting them about this issue and they have not responded. It's been three weeks - and nothing. Frustrating! Fortunately they accepted another one of my bank accounts without any problems and I was able to buy some Ethereum when it dipped down last week.