The REAL reason COINBASE was OFFLINE...!

in bitcoin •  7 years ago 

coinbase.jpg

Well most of us know that Coinbase was having massive difficulty today..
People were panicking all over the world!
There were a bunch of rumours swirling around the internet today...

The real reason was that CNBC did a feature profile on bitcoin and where to buy it..
http://www.cnbc.com/2017/05/25/here-are-the-ways-to-buy-bitcoin.html

Coinbase had over 250,000 visitors all at once... If you are not expecting that kind of traffic all at once then things can get a little out of hand.

What do you believe the real reason was that Coinbase went down?

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7 years ago by

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      ·  7 years ago 

    It is always going down.

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        ·  7 years ago 

      Probably too much traffic just like Poloniex. Time for these larger companies to upgrade their systems. You're not operating out of your garage anymore.

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          ·  7 years ago 

        @rt395 I totally agree!!

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          [-]
            ·  7 years ago 

          Coinbase is not the only exchange that is having trouble. See my post on Bitfinex which is also have problems here.

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              ·  7 years ago 

            @marcusxman Great post!!

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              1 vote
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                ·  7 years ago 

              Thanks @smallbusiness, it's hard work getting eyeballs on your posts when the feed keep feeding with the hundreds of post a day. Even though you are being followed it pretty much depends on luck when your followers sees your post.

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                  ·  7 years ago 

                Traffic affects every site, probably got over flooded

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                    ·  7 years ago 

                  @teem-em You're right! They should figure these types of things a bit faster as it cost a lot of people a lot of money.

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