Bitcoin Illiquidity Problem & Coinbase Fail
Whelp. Just a quick hit tidbit from Steemit's biggest self-proclaimed 'crypto-dummy' here!
Apparently the ethereal snowball that has become an economic boulder called Bitcoin is barreling into a presumed exponential explosion enriching ALL who invest ! . . . or is a Ponzi type collapse imminent ???
Coinbase users are getting the following error message screen when attempting to sell their Bitcoin
- innocent server error or suspect guffaw?
God bless ya if you are able to maneuver the 3D algorithmic blockbits to successfully trade, swap, buy, sell etc and make a fortune off the bitcoin!
I Love Y.O.U. And Everyone In This World !!
I learned a lot from the related Yahoo Finance.com article regarding the "discovered problem with Bitcoin" - I highly recommend digging into it and am curious to know if others are experiencing 'minor service outages' that Coinbase is actively downplaying.
I believe in the Steemit! It is the only 'crypto / social media' I engage in because it is the most personally rewarding - thanks to you and you and you ! Bitcoin will soon be exposed as the greatest Ponzi scheme known to mankind in my humble opinion - stack your bullion and your SBD lovely ladies and gents !
Hugs are FREE too so don't forget those either !!
Rock On
STEEM
On
special thanks to Brother Greg @marketreport and www.traderschoice.net - the world's most forthright economic guru and prognosticator - a wise and GOOD man!
Love and upvotes to all
Every time there are big movements in BTC or ETH prices (like everyday nowadays), services like Coinbase just grinds to a halt. They just can't cope with the growth of 100's of thousands of users a week. The biggest problem is, services like Coinbase are the main fiat gateways.
Amen @cryptojaxx - great points, thank you for the keen insight !
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This whole thing is crazy to me. I invested like 300 in btc over the summer and it is over 1000 now. Pretty crazy. I'm going to hold on for a while. At least until I make enough to alter my life or lose it all. Whichever comes first.