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RE: The Fall of Coinbase Begins

in #coinbase7 years ago

I think no one would expect that much volume and that much activities when they design the website to cater the demand. Especially in past few months, many people just rush to trade alt coins. So hopefully this is just one time issue and improve in future.

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You make good points Wilkinshui. I think we're only at the beginning of the crypto bubble so volume is only going to grow... particularly at Coinbase which markets itself as the easiest to use. They aren't ready for the volume or the oncoming onslaught of everyday investors... and the crashes will continue. I bet if we had insight into what's committed to the high paying institution investing platforms of their network and how little goes to us pirates... we'd be angry. Doubt the institution investing platform was down first

Great point and as a retail investor like we do, it is not just the game of making the coin say in steemit. It is also how to keep the coin safe, where we should trade to reduce transaction cost, finding a trusted exchange and also the stablity of the exchange. The game is just so much bigger than the past when you invest to stock and you dont really need to think about the question much.

Well, in the post it says this happened twice.

yup earlier in the week as well. Monday