Coinbase Wants Bitcoin Enthusiastis To Be Patient

in #bitcoin7 years ago (edited)


The internet is going berserk over the surge in Bitcoin's value and Coinbase, the popular digital currency, is suddenly witnessing a huge influx of amateur devotees. The exchange has, thus, warned users they might experience "inability" to exchange during spans of high price volatility and has requested them to be reasonable while investing.

Coinbase explained that it is unable to meet the heavy demand in spite of raising the support staff count by 640% and investing "heavily" in technological infrastructure through this year. The exchange also reported a 40x increase in peak traffic since January 2017.

Coinbase's iOS app became the top app on iOS App Store despite an outage after Bitcoin's leap on Thursday as the currency touched the $17,000 mark.



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Wont it be profitable to convert crypto into some currency with lower market capacity????????? bitcoins are making so mucg progress right now all for what coz it has only 21 million market cap max... if u invest into something into even lower market cap then today or tomorrow u can make way more money...plus bitcoin mining is becomng so expensive now that unfortunately people will lose interest i think investing into btc wont be the best option u hv right nw

Yes you are right, i think investing on ethereum, Litecoin and iota is going to profitable in the long run

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