Curious Case of Coinbase down

in #bitcoin7 years ago

I am pretty annoyed that every time when Bitcoin/Ethereum prices come down considerably, Coinbase website goes to Unavailable.

From long time they are trying to fool us by saying due to unexpected volume we went down. I don't believe that. Handling load is not a problem that a website as big as Coinbase can't solve in past couple of years (Yeah, it is happening from 2015).

The real reason I think is Coinbase buy Bitcoin in bulk and then sell them on premium. When Bitcoin prices comes down, they make their site down themselves so people can't buy the Bitcoin at lower prices, which they might have acquired at high prices.

Is my thinking correct or am I overthinking? But I am pretty fed up with their services.

Sort:  

coinbase is a joke

Congratulations @vivekmittal001! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of comments

Click on any badge to view your own Board of Honnor on SteemitBoard.
For more information about SteemitBoard, click here

If you no longer want to receive notifications, reply to this comment with the word STOP

By upvoting this notification, you can help all Steemit users. Learn how here!

Coin Marketplace

STEEM 0.17
TRX 0.15
JST 0.028
BTC 59820.07
ETH 2408.18
USDT 1.00
SBD 2.43