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> every day at midnight for 10 minutes is fine No it is not. Coinbase has clients all over the globe. It is always regular trading hours.
by sbergot 9y ago
> every day at midnight for 10 minutes is fine
No it is not. Coinbase has clients all over the globe. It is always regular trading hours.
- FabHK 9y agoIt would be fine. The HK Stock Exchange used to operate 4 hours a day, and everyone was reasonably happy (particularly brokers with their 2 hour lunch break). Most exchanges open and close daily. Even FX pretty much ceases to trade weekends. It is not axiomatic that any BTC/fiat cross must trade continuously, let alone on Coinbase. The fact that Coinbase has clients globally is not pertinent to the discussion (or only insofar as the distribution of those clients could influence at what time you'd want to put a daily trading break). However, granted, a 10 minute trading break daily looks like too much effort to be worth it. A scheduled monthly break of an hour or so sounds reasonable.
- stevekemp 9y agoI think the point was that there would be a _defined_ period where everybody knew that the service would be unavailable. If that were peak-trading time for a particular locale that would be unfortunate, but the regularity would be preferred to failing under unexpected load at random times of the day.
- notyourday 9y agoLet me introduce you this amazing concept called "Maintenance Window" https://en.wikipedia.org/wiki/Maintenance_window https://en.wikipedia.org/wiki/Maintenance_window