Yesterday Coinbase went offline in a continued slue of issues with it's GDAX exchange.
The GDAX exchange is one of the highest volume exchanges in the United States and appears to have constant issues with up-time. This has been something we've noted since it's inception when we couldn't even access the website at first and the problems continue.
Additionally Coinbase is reported to be taking weeks to answer support tickets.
They are not alone however, several exchanges went down yesterday when a rush of users tried to buy bitcoin catapulting the price up over $11,000 before everyone finally settled down.
It's not out of the realm of possibility that we could see bitcoin double in the next 6 months or less, so hopefully GDAX and other exchanges will get things up to par.
It's a bit ridiculous for a company the size of Coinbase with the assets and funding they have to run into bandwidth or server issues from congestion, especially when that's running your primary source of revenue.
Then again, they were the ones responsible ... for this.
Get on it!
[accordion] [item title="Author and Credits"] Article by dinbits
Image Credits: Banner Image by dinbits.com staff