Coinbase Beware of Coinbase San Francisco California

 Like many people I have been intrigued by the phenomonen known as bitcoins. I have been following them for the last few months with a lot of interest. I was trying to figure out a way to buy some bitcoins as a long term investment. After looking I decided to go with a company called coinbase as they seemed to have a good reputation and have been backed by prominent people. I went online and entered all the information they needed including my bank information needed to make a purchase. I purchased .2 bitcoin, a relatively small amount to try them out. It cost me approxomately $164.00 to do this. It takes them four business days plus the weekend to put the bitcoin into your account. I did this on wednesday January 22. Today the 28th, I checked my account. They had debited my account for the amount yesterday. At about 4:30 today I looked and lo and behold I had my bitcoins. I was in my account for less than 2 minutes when they were sent off to some unknown account. I followed all of their rules and protocols and their security failed. I was already hesitant about the whole bitcoin thing but they claim to have state of the art security. So in less than two minutes my money was gone. I have checking accounts, brokerage accounts, and a 401K. I use this same computer to check my accounts. Also credit card accounts. I have never lost a penny until I trusted coinbase. I  sent three e-mails and a person named Blake could not tell me what had happened, only to confirm that yes, my bitcoins were stolen and it was my fault or my computers fault. He said he could not give me my money back and referred mr to their legal agrement which I of course consented to. He then asked if I wanted to turn my account back on so I could buy more bitcoins. Really? This was my first and last try at bitcoins and he thinks I want to buy more. Stay away from coinbase. No recourse and tough luck if you get ripped off. I should have known better.