3 ms·
Coinbase being unavailable during times of extreme volatility is not a new thing. Today's swing was 14k up to 19k then down to 15k or so over a period of an hou
by siculars 9y ago
Coinbase being unavailable during times of extreme volatility is not a new thing. Today's swing was 14k up to 19k then down to 15k or so over a period of an hour of severely degraded access.
I'll go out on a limb and say that much of the recent spike can probably be attributed to the 100k++ accounts open on Thanksgiving weekend getting funded today and everyone losing their shit mashing the Market Buy button which get instantly executed. The mechanics of vast market buy orders with no liquidity is well known.
- nlperguiy 9y agoOn some exchanges it was an opposite direction. Down to 12k then up back to 15k.