Coinbase Down Again! Ugh!!
Everytime Ethereum price goes down, Coinbase crashes! This is so frustrating, and I'm beginning to believe they do it on purpose maybe. Because this has happened far too many times, and by now they should have a fix for it! I don't think there needs to be any excuse!
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I was just about to post the same thing, the worst thing is when you are trying to buy the dip and missing out because you can't access your account. We pay expensive fee's to coinbase and it's kind of ridiculous that they don't upgrade their servers so they can handle heavy traffic. I'm been a supporter of Coinbase since the getting into crypto currency but at this rate I'm afraid I will start to move into a different exchange.
Same feelings here! I also signed up on gemini, but turns out their daily buying limit is capped at $500 which is absurd!
It takes time to build a business. We do not know for sure what caused the problem. It could be that it is not Coinbase's fault. As long as the funds are not gone, this is something we sometimes need to endure in this slowly maturing field.
Well everytime they pin it down to sudden influx of traffic; they need to be prepared for that by now. And like you said, they're expensive, they need to up their game to reflect their big fee I think.
Most likely it's due to high trading volume and Coinbase's servers just can't handle the traffic. We all know that crypto currency is highly volatile however coinbase does not have an option of setting a stop out price. So lets say for example Ethereum drops 30% you wanted to sell when you saw it drop more then 10% and the server is down and no one can access their accounts. Then what, you just going to have to eat that 20% loss? Imagine if Apple stock dropped 30% and you get locked out of your Scottrade account and you lost 30% because of technical difficulties, wouldn't Scottrade get sued by everyone?
Go for Poloniex :)
Followed, hopefully you'll come by my page too ^^
Yeah but I think you can't deposit USD directly into Poloniex, or can you?