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Bitcoin's price collapsing and people can't trade because 2 big exchanges crashed
- tareqak 9y agoOriginal title: Bitcoin's price is collapsing and people can't trade because 2 big exchanges have crashed Techmeme summary: Becky Peterson / Business Insider: Winklevoss' Gemini exchange and Coinbase suffer extended service outages, citing “all-time high traffic”; bitcoin dropped to $9.4K from all time high of ~$11.4K
- africasiaeuro 9y agoOne needs to be sensible. Purely speculative. Ready to loose, high risk.
- WhiteOwlLion 9y agoCoinbase had degraded service. One exchange can't build or crash the price.
- djellybeans 9y agoThis is one of the big differences between trading in 2013 and trading today. It's not like with Mt. Gox where one exchange holds nearly all the cards. A greater variety of services today can help Bitcoin users weather more inconveniences.
- bobbygoodlatte 9y agoCollapsing? The price is higher than it was 4 days ago... edit: and now back above $10k
- romanovcode 9y agoNothing is collapsing, it went down ~1k and now going back up. Just a regular day in BTC.