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Off topic, but why does it still take 4 days to buy bitcoins from the site?

• drcode 12y ago
  Same reason as always: The existing payment system used in the world has a weird system of "chargebacks" which mean that it's hard to know that any transaction is ever "final" and can be considered completed. This flaw in the traditional payment infrastructure makes it hard for coinbase to hand you over your coins even if they received a perfectly valid bank wire or credit card payment.
  • ewoodrich 12y ago
    Whether it's a "flaw" is in the eye of the beholder. I have confidence buying from questionable online merchants using a credit card because I know I have a recourse if they are deceptive. I would say it's more of an issue of incompatibility between the systems rather than a real "flaw" in either.
  • orteipid 12y ago
    This reply is so bitcoin.txt that I honestly don't even know where to begin.
  • jdong 12y ago
    Except waiting 4 days really wont help you against chargebacks.