As much as I think there might be a crash, so many things are wrong here: > They don’t do technical analysis or are savvy enough to place limit orders. I agre

As much as I think there might be a crash, so many things are wrong here: > They don’t do technical analysis or are savvy enough to place limit orders. I agree on limit orders but what is the fascination with TA. Not a day goes about where someone in cryptocurrency uses some kind of chart mumbo jumbo to prove a point. > Ever wonder why Coinbase takes about a week to “process” the sell? Simple answer - Settlements. Banks are not very fast. If someone was to refund you now, you don't get the money in a day. They will always say, "money will be credited back to you in 2-4 days". There are so many additional reasons for this: 1. Security. The amount of non-technical people going on the exchange is huge. So they don't know if the sell was the right one or not. 2. KYC - They need to ensure the buyers are following AML laws to ensure they don't get sued later for helping drug dealers. 3. Volume - The sheer volume of transactions which need to processed, specially with KYC confirmations. 4. Settlement - They can only pay someone if the buying party has sent the money to them. 5. Banks - Banks always know who is crediting the money. They might have put extra checks for money coming from Coinbase, not to slow Coinbase down but again to save their asses. etc. > Closing shop for a bit The logic on this is so convoluted. If they keep the public price API is fast because it doesn't need to handle additional requests. It is a simple fetch. Additionally, if they keep the price API open it is just providing ammunition to detractors. Have you ever been in a stock market crash? Try that, your broker will freeze up and stop responding. You will have a public price API to know what just hit you.