Bitcoin Forum

Economy => Speculation => Topic started by: oblomov on January 04, 2017, 06:47:53 PM



Title: Demand > capacity
Post by: oblomov on January 04, 2017, 06:47:53 PM
Some key services are melting down due to the high demand.

Coinbase is very slow.

The Coincap App (shapeshift)  is non-responsive.

It took a while to log in to BFX, but once I got in it was fine.


... or am I the only one having problems?


Title: Re: Demand > capacity
Post by: afbitcoins on January 05, 2017, 12:04:39 AM
Full blocks = bullish  ;D


Title: Re: Demand > capacity
Post by: maku on January 05, 2017, 12:18:49 AM
Full blocks = bullish  ;D
This is basically true. Bitcoin is gaining popularity at amazing rate.

Network is overloaded like crazy now. Some major services are slow, sluggish or not working at all, like blockchain.info which gives me error: 404 page not found

EDIT: Update on Blockchain.info - service outage was temporary but real (I tested in on multiple devices/browsers) It lasted less than 10 minutes and site is working fine now.



Title: Re: Demand > capacity
Post by: BitcoinBarrel on January 05, 2017, 05:01:08 AM
Strange, everything is working fine for me.  ???


Title: Re: Demand > capacity
Post by: craked5 on January 05, 2017, 11:18:25 AM
Everything is fine for me.

But I guess it's nothing abnormal. The changing price is coinciding with extremely strong number of transactions! I guess it's not a usual state of btc system.
You can't expect the system to sustain such strong activity ^^
In fact I could be wrong but I'd say it's even a good thing to have a system not able to handle that! Because high number of tx is mainly linked to high number of speculation... Which is never a good thing for stability and development of a currency.