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AustenAllred's profile
Austen Allred
Austen Allred
Austen Allred
Verified account
@AustenAllred

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Austen AllredVerified account

@AustenAllred

CEO @LambdaSchool (YC S17): A CS education that's free until you get a job. I have made remarks that I do not agree with.

San Francisco, CA
lambdaschool.com
Joined December 2010

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    Austen Allred‏Verified account @AustenAllred 8 Dec 2017

    Coinbase on the low trying to tell you that if bitcoin crashes you won't be able to sellpic.twitter.com/2N5495g1SM

    4:41 PM - 8 Dec 2017
    • 43 Retweets
    • 109 Likes
    • hello, i'm madhu. james Scott Drakeford Omar Qazi Jesse Donoe Greg Wester Sunny R. Juneja Blake Murray Prez Cannady
    16 replies 43 retweets 109 likes
      1. SurreaŁ10n‏ @surrealtc 9 Dec 2017
        Replying to @AustenAllred

        I don't get why people leave their funds inside coinbase with simple hardware wallet solutions available... @TREZOR @LedgerHQ @Coinkite @bitcoinkeepkey @DigitalBitbox ...

        0 replies 0 retweets 5 likes
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      1. Ace Gershfield‏ @Ace6one7 8 Dec 2017
        Replying to @AustenAllred @_MicheleSeven

        The only thing they do for accounts with "immediate security risks" is lock them down and not let you access them for weeks on end! Terrible business model and customer service.

        0 replies 1 retweet 2 likes
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      1. New conversation
      2. Michael Sullivan‏ @sull 8 Dec 2017
        Replying to @AustenAllred @_MicheleSeven

        It might be 20% tech strain and 80% internal hush policy. I think they just need to come out and announce volatility thresholds and truly identify themselves as not a trading platform primarily. They’ll be fine. But blaming it on traffic alone seems painfully obvious as BS. No?

        1 reply 0 retweets 4 likes
      3. 1 more reply
      1. New conversation
      2. Stephen Pimentel‏ @StephenPiment 8 Dec 2017
        Replying to @AustenAllred

        I mean, that should be obvious, right? It can be damn hard selling a low-liquidity stock in a falling market, especially with a limit order. Why would it be easy for bitcoin?

        1 reply 0 retweets 1 like
      3. Christopher Smith‏ @chrylis 8 Dec 2017
        Replying to @StephenPiment @AustenAllred

        Coinbase has a history of convenient outages.

        1 reply 0 retweets 0 likes
      4. Stephen Pimentel‏ @StephenPiment 8 Dec 2017
        Replying to @chrylis @AustenAllred

        Yeah, could be. It just seems to me, independent of any particular exchange, that you should never count on liquidity in a falling market.

        0 replies 0 retweets 1 like
      5. End of conversation
      1. Drew Davies‏ @drewdavies 8 Dec 2017
        Replying to @AustenAllred

        Just got this email as well; same exact thought crossed my mind.

        0 replies 0 retweets 1 like
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      1. New conversation
      2. Raul‏ @RaulMontoy3 10 Dec 2017
        Replying to @AustenAllred @reard96

        Coinbase cost me $1000 this week when I was trying to sell. @coinbase

        1 reply 0 retweets 0 likes
      3. Dan Reardon‏ @reard96 10 Dec 2017
        Replying to @RaulMontoy3 @AustenAllred @coinbase

        Yeah I tried to sell at the peak when they went down...limit orders on Gdax are better but not when Gdax goes down with Coinbase 😂

        1 reply 0 retweets 0 likes
      4. Raul‏ @RaulMontoy3 10 Dec 2017
        Replying to @reard96 @AustenAllred @coinbase

        Idk how this can happen! @coinbase is the worst!

        1 reply 0 retweets 0 likes
      5. Dan Reardon‏ @reard96 10 Dec 2017
        Replying to @RaulMontoy3 @AustenAllred @coinbase

        Prepare for it to be about 50x worse when the sell-off comes, rather than this buying frenzy

        1 reply 0 retweets 0 likes
      6. Raul‏ @RaulMontoy3 10 Dec 2017
        Replying to @reard96 @AustenAllred @coinbase

        Gonna put money towards MySpace, everyone likes a comeback story

        1 reply 0 retweets 1 like
      7. Dan Reardon‏ @reard96 10 Dec 2017
        Replying to @RaulMontoy3 @AustenAllred @coinbase

        Tom!!!

        0 replies 0 retweets 1 like
      8. End of conversation
      1. Smith In Minnesota‏ @SmithInMN 9 Dec 2017
        Replying to @AustenAllred

        I already can't sell from there. That's why I paid the $16 to move my BTC and ETH elsewhere.

        0 replies 0 retweets 0 likes
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      1. Vi‏ @holyawkwardness 9 Dec 2017
        Replying to @AustenAllred

        What's an alternative? Quadriga?

        0 replies 0 retweets 0 likes
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      1. tauxsik‏ @tauxsik 9 Dec 2017
        Replying to @AustenAllred

        coinbase is a sketchy company, for instance in 2015 they wouldnt let me buy 6 btc cus their systems ID verification was down w no cs support

        0 replies 0 retweets 0 likes
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      1. Ashley‏ @polyaletheia 8 Dec 2017
        Replying to @AustenAllred @hradzka

        Market's not getting the message.

        0 replies 0 retweets 0 likes
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      1. Sam Rueby  🦃‏ @SamRueby 8 Dec 2017
        Replying to @AustenAllred

        McAfee told me Bitcoin can't crash

        0 replies 0 retweets 0 likes
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