Bitcoin down....but why?

in coinbase •  7 years ago 

Screenshot_2017-06-12-23-15-46.png

As many of you heard Coinbase experienced tremendous issues today which caused ripples in the crypto world. Is it possible that Coinbase is so irresponsible that they did not look for more help?

Well what about Charlie Lee? He recently just quit Coinbase and he was the director of engineering. Those are some pretty big shoes to fill and he left just a few days ago.....just a thought....

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7 years ago by

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      ·  7 years ago 

    What goes up must go down. Ever heard before? Uhhhh

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      ·  7 years ago 

    But that's a pretty sharp down...

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      ·  7 years ago (edited)

    Maybe it's just a market correction. Those happen all the time and usually the price goes up after the correction. Hopefully Bitcoin will keep growing since overall it has been growing rapidly since 2010

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      ·  7 years ago 

    Yea but a few hiccups along the way.

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        ·  7 years ago 

      I think people got freaked out and started to sell their BTC/ETH

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          ·  7 years ago (edited)

        Well depending what time they did it, they might have gotten killed on the price

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            ·  7 years ago 

          Wonder about their being off line today at certain points. Not very professional and reassuring. Wonder if whales used this sell off to buy while the rest of us were locked out?

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              ·  7 years ago 

            Very possible!

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              [-]
                ·  7 years ago 

              Yea I think the space is just going nuts right now. Hedge funds are probably start getting involved.

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                [-]
                  ·  7 years ago (edited)

                Oh that's not even a question, many hedge fund managers have already admitted to it.

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