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Coinbase are Brain-Damaged

Journal by MichaelDavidCrawford

I sold all my Etherium with the ~$3000 proceeds going to my USD wallet. The Dashboard page has the correct amounts.

But the Buy/Sell and Accounts pages incorrectly claim that my USD wallet only has $0.10. So I can't buy the Litecoin that I intended to buy. It has been this way for over an hour.

I logged a support ticket but they're so busy it's likely to be a week until they respond.

I expect just about any other exchange would work better. This because Coinbase is the #1 iOS app. As with Linux and Red Hat back during the dot-com boom, I expect many people think Coinbase is the only place you can get bitcoin.

 

Reply to: not the only one most likely

    (Score: 4, Interesting) by takyon on Wednesday December 13 2017, @04:03AM

    by takyon (881) <{takyon} {at} {soylentnews.org}> on Wednesday December 13 2017, @04:03AM (#609078)

    Leading cryptocurrency exchange faces outages as bitcoin rivals surge [arstechnica.com]

    This month's cryptocurrency boom isn't limited to bitcoin. Over the last 24 hours, two of bitcoin's biggest rivals—Litecoin and Ethereum's ether—have enjoyed huge price gains.

    Trading volume has been so intense that one of the leading cryptocurrency exchange services, Coinbase, has suffered downtime.

    "Ethereum buys and sells are temporarily disabled," read a notice on the Coinbase status page around 2pm Eastern time. That issue was resolved around 45 minutes later, while trading in litecoins was disabled for about 90 minutes earlier in the day. The status page lists both ether and litecoin trading as having a "Major Outage."

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