| submitted by /u/snubbe123
Bitcoin solved this problem with the blockchain, an online ledger that records and validates all peer-to-peer payments to eliminate double-spending. For those inclined to less-than-legal behavior, it helps that the blockchain encrypts transactions to provide anonymity. The payment network is maintained …
Google Alert – bitcoin
Guys, we should make a list of everything that is wrong right now. How is Coinbase doing? Gdax? Kraken?
Below I would like to add the status of other Bitcoin services as you guys keep commenting your experiences. The objective would be for us to have a good overview of whats going on right now.
Mods, please let this post live. We need information during times where everyone is "What the hell is going on".
Please upvote this thread and the good comments and I'll keep editing throughout the day.
Bitfinex is doing fine (unless you margin traded yesterday during the flash crash), I didn't try to withdraw though so I don't know if that's working right now.
Cryptopia (New Zealand exchange) is doing fine, no downtimes, possible to withdraw and everything seems ok besides everything melting down.
GDAX is currently stable.
Kraken is having troubles for a long time now. Orders don't go through, 404 errors and duplicated orders, you name it. Basically,yesterday was like any other day for them. (please check Kraken staff comment below).
Coinbase FINALLY allowed me to buy bitcoin after several attempts and error messages. (this is not consensus, many people still unable to buy / sell through Coinbase). Coinbase say they are under maintenance.
Bitstamp is currently stable and able to make trades.
Gemini has been working fine for me. Threw up a couple limit orders as the price was dropping, they went in and ended up being filled successfully.
Quadriga (one of the prominent Canadian exchanges) is business as usual.
Bittrex is being reported by multiple users, transactions delay, transactions cancelled, support is non existance, etc, be careful.
Kraken replied to the thread with the following comment: "Hi OP, just as a general update, which has been also mentioned by one of the commenters here, /u/bhishmapitamah/ — we do have update(s) coming at Kraken, to the trade engine as well, and they are coming soon (anticipated deployment between 1st and 2nd week(s) of December 2017, although we don't have an exact date). Please see here for further details."
The boss of Goldman Sachs became the latest high-profile critic of bitcoin, claiming it is a vehicle to commit fraud as the value of the cryptocurrency plunged 20% in less than 24 hours. Lloyd Blankfein, chief executive of the US investment bank, said: “Something that moves 20% [overnight] does not feel …
Google Alert – bitcoin
America’s Internal Revenue Service has gone fishing. Its target? Every single Coinbase user who ever placed a $ 20,000 trade. The huge dragnet exercise, spanning 2013-2015 and incorporating over 14,000 users, was awarded by a court yesterday, November 29. This is despite the best efforts of America’s largest bitcoin broker, which has fought back against what it sees as a shameless data grab and privacy violation. In a bid to save face, Coinbase has claimed a “partial victory” in its…
You guys are too hateful towards Coinbase. Without them and their easy-to-use website/app Bitcoin would never be as popular as it is right now with regular people. Currently it’s top 10 on the App Store where I live which is awesome.
Yes, their servers were down yesterday but you can’t really blame them. They had 8 times more customers than their last peak time. If you had planned a dinner for 5 people and suddenly 40 hungry people showed up, what would’ve happened?
Hopefully they’re expanding their servers right now and we won’t have a problem for awhile.
I see the server problems as a good thing, 8 times more customers than their last peak?! We’re going mainstream guys, don’t forget to fasten your seatbelt. 🙂