Curious Case of Coinbase down

in #bitcoin • 7 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.

#coinbase #unavailable #lowprices #buytime
7 years ago in #bitcoin by
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     7 years ago 

    coinbase is a joke

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     7 years ago 

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