Anonymous ID: faef2a Nov. 26, 2020, 8:19 a.m. No.11795798   🗄️.is đź”—kun   >>5823 >>5834 >>5890 >>6040 >>6123

Crypto exchange Coinbase hit by connection, latency problems as bitcoin plummets

 

Cryptocurrency exchange Coinbase said on Thursday its retail and professional-focused platforms were hit by tech problems, with users reporting difficulty trading as bitcoin plunged towards its biggest one-day drop since September.

 

California-based Coinbase said on its website at 14:14 GMT it was investigating connectivity problems, adding at 14:42 GMT that it had identified the problem and implemented a solution.

 

In a separate post at 15:21 GMT on its Coinbase Pro site it said “increased latencies impacting order entry and settlement” for its Coinbase Pro service, adding it was investigating the problem. A spokesman for Coinbase, one of the biggest cryptocurrency exchanges, declined to comment. Coinbase users on Twitter reported problems trading.

 

One Coinbase Pro user told Reuters by message: “The outage prevented me from submitting a buy limit order which would’ve been executed as the limit price was met. At this time the order finally went through but I missed the price for now.” Bitcoin, the world’s biggest cryptocurrency, slumped as much as 13% on Thursday to its lowest since Nov. 16., slamming the brakes on its red-hot rally and sparking a sell-off of smaller coins.

 

It was last down 9% at $16,904 and on course for its biggest one-day drop since Sept 3. The move represents a sharp correction from its three-year high of its near-record $19,521 hit on Wednesday.

https://www.reuters.com/article/crypto-currencies/crypto-exchange-coinbase-hit-by-connection-latency-problems-as-bitcoin-plummets-idUSL1N2IC1A3

Anonymous ID: faef2a Nov. 26, 2020, 8:32 a.m. No.11795932   🗄️.is đź”—kun   >>6006

>>11795890

>completely worthless in the event of a war or anything that takes out services for any amount of time.

and that is wut most crypto-tards fail to understand.

The only thing they are convinced of is that the one they have is the "right" one.

Anonymous ID: faef2a Nov. 26, 2020, 8:42 a.m. No.11796060   🗄️.is đź”—kun

>>11796006

yep…all too easy to be wiped out.

i still remember the ripple tards that were pushing that last year-they had to be told that a large chunk of it's seed money came from Matthew Mellon-of the infamous Mellon Banking family.

They had no idea.

laughed quite a bit when it dropped a few points too shortly after that was posted.