Bitcoin Forum

What is going on today? Any other exchange affected?

Our team is investigating issues with Coinbase.com load times.

Well this is what likely a maintenance in their server or upgrading some stuff with their security or they are under attack? we can definitely never would know what is actually happening right now, because both website and mobile are in a major outage right now, and you can look at their status report for some operational services of Coinbase, https://status.coinbase.com/

I don't think it's a scheduled maintenance or upgrade. it has to do something with the falling of bitcoin price.
Maybe they are under attack, or maybe to many people are trying to cash out and they can't afford it.
I also wonder if it has something to do with the Singapore Bank since it's partial outage.

I was really lucky that I withdrew all my BTC to Electrum a day ago.  :-X Hopefully nothing bad happens to CoinBase, its a site I trust and I like to use if not for the 'security' that having Bitcoins in a client is safer, otherwise I would use CoinBase.

Looks like it is just a loading issue, should not be a major problem, CoinBase is just gaining popularity after adding LTC and ETH, and I have faith in their team too.

I would recommend switching to either Bitstamp or Kraken, never had any issues with them and most reviews are also way more positive than reviews of Coinbase.

I stopped using Coinbase after my account was blocked for a couple of days after making a deposit to a dice site from my coinbase account.

On the status page of Coinbase ( http://status.coinbase.com ) :

https://i.imgur.com/KuyfQ3R.png

I believe you need to wait :) Or choose another wallet ...

It is convenient that coinbase goes down every time there is a drastic downward swing in the market.  I suspect they don't want people exchanging currency to bitcoin at the lower price (it always comes back up when after momentum builds back up and the price has increased).  

Hummm i will try Bitstamp or Kraken, thanks for this tip.

They have been having problems every since last week when people were complaining about their withdrawals taking an overly excessive amount of time then usual. Upto 96 hours if at all.
Sounds like another Cryptsy going on at the time.

Then the news of them being sued. Was the final straw that broke the camels back.
Now something about regulation asked for them? They are done man! ::)

They have shot themselves in the foot and might as well file for bankruptcy now just to recover from their losses.
Closing thei doors soon.
If you were smart enough you would of pull out all your funds since last week when there were 1000's of people complaining about them and their withdrawals not happening almost instantly (not being confirmed mind you) when they were working as they should of been.
Good luck to all those coinbase users.
God Speed to you now! :-[

coinbase is known for having a long downtime during huge moves on bitcoin price, they are just useless if you want to sell off or buy during pump/dump. Just avoid them in future.

Ive been using coinbase and I do subscribe on their SMS updates too which it does really give me alerts on whats happening on the site and they did have investigate the problem that's why they are down now.Even though they do experience this problem I'm sure they can easily resolve it that's why we should really not to panic and if you don't like coinbase then there are lots of wallet to choose from.

doesn't look like it though!
the problem with these exchanges is that they only provide servers powerfuil enough for a certain number of users which they usually get.
when there is a fast rise or fast fall like this the traffic grows and obviously they can't handle things anymore.
there is also DDoS attacks.

and on top of that it is possible they have ran out of funds again because people also buy and withdraw at times like this at the bottom and the exchanges go dry. it is easier to say we are down than to say we cant cover withdrawals.

Are they affected by DDOS attacks mentioned here? Major bitcoin exchanges hit by cyberattacks as record rally makes them a target (http://www.cnbc.com/2017/06/14/major-bitcoin-exchanges-hit-by-cyberattacks-as-record-rally-makes-them-a-target.html). I think this attack is also one of the cause the price is going down. People are in panic and want to get out. I do not think coinbase can be affected this much by that attack and maybe you are right in your other point, they run dry and preventing withdrawals.

Kraken has been subject to similar problems recently, If we consider the reason given is legitime. Kraken is one of the exchange suspected of manipulation price. Coinbase doesn't allow transaction with illegal activities, gambling, ect If I am not wrong. You can surely find it in their User Agreement.

I think it's always during that because people want to panic sell or buy bitcoins. Some people lose access to their bitcoins and this is why I always was telling Coinbase is exchange not wallet.

I think people are just doing unnecessary FUD, coinbase is so heavily regulated that a regular shutdown is not likely with them, they are located in the US meaning they can be prosecuted easily for most investors here. As well as the fact they keep most coins offline.
it's just a downtime IMO, 99.9% doesn't mean %100

It's back up for me. Growing pains I suspect, maybe combined with the DDOS other exchanges were seeing, i.e. just a ton of traffic since interest in this sector exploded a couple weeks ago. Nothing to worry about IMO.

Every thing went down, this is expected. The prices went up too fast and it does not reflect what it should be. It was a small bubble that popped and now this is the correction. Though if you look at the history of bitcoins, this is normal and it has happened plenty of times in the past. So when this happens consider this as a opportunity to buy.

It became a regular thing if you are a user of Coinbase. The price is falling and hoping to see it around 1500$+ as my prediction. Coinbase is having too much of a downtime recently and lots of accusations on them. Shifting to a better wallet is a preferable idea.

What you are telling true but for that who ever is having account in coinbase and their amount is stuck with that site then how can they buy now when the price is down and it is a good time to buy bitcoins but the site is down.

I don't use coinbase but saw people complaining on their that their site were down during the dip that happened few days ago. I guess it is not uncommon and  happens often when there is a huge price drop/rise of bitcoin.

That's totally fraud. This is because of preventing you from moving your funds to another exchange during huge coin dump.

I have noticed this as a trend with a handful of bitcoin exchanges that I used to work with. Some of them operate really sketchy practice in the industry and try to manipulate the times people are able to exchange for their own benefit as a company. Nadex and other trading websites do the same thing, if the market is moving too drastically they temporarily halt trading until it stabilizes.

Just chill mate! No cause for alarm until otherwise. Moreover, has there ever been a time coinbase has never been on the news for raising their user's blood pressure? They will come around. Why coinbase anyway? Why not find a better wallet to use? Not saying coinbase is bad but at least to save yourself from the usual terrifying acts from them.

And that is bad! Why will they be trying to manipulate how people should make use of their coins. I still have no idea why people use that wallet in the first place. Never heard anything good about them. Not like they have the best secured online wallet or something!

i am not using coinbase for a long time because i don't like the service, i think its better to use other service than coinbase. and for now if coinbase is down, i think its not because of bitcoin price falling but maybe they are having a serious problem so they need to investigate the problem and fixed it so the member will feel safe to deposit their funds into coinbase. i think we can send them an email to asked this and see if they reply our email soon.

I have some litecoins and bitcoins with them too but if you've been following closely they've been down a couple of times since last month and the only reason they give is that they're doing some maintenance and are temporarily unavailable. I'm not anxious but truth be told it is becoming too many andvthey need to correct it.

This is not the first time they are offline when there is a major price difference,i am not sure what is happening but one thing is sure,you are not able to use your coins when there is a big crash as the site will be offline,may be because they could not handle the traffic,what ever may be the reason they should provide a better service.

It always happen to coinbase when the price of Bitcoin rapidly increasing and also if the price decreased with huge amount, I guess this is not due to the traffic of the website's users but it's to prevent their users from selling when the price is going down or buy when the price is at the bottom IMO, but whatever the reason is, that's not what a professional service/company'a doing.

It's a good thing that I moved all my btc from them, at least now i'm sleeping at night.

Ok, looks like it is just a loading problem issue on their side, everything is fine now, and all their services are back up. I hope such outage does not occur again as it indeed scares people.. :P Minimizing usage of CoinBase for now, however its still my favorite exchange site so would still use it in the future.

This assumes that you can use the exchange site to that level with their issues.  The internal exchange may mean that the exchange is just moving around database figures to represent your balances, like using their own coin to coin margins and not really moving BTC from one wallet to another. As long as the other coin keeps the value, its blockchain should be less crowded and go quicker.

I have today site seems better working. Last few months there is down time for transacting bitcoin once and etherum transaction is also down sometime. I sent some bitcoin to my friend on yesterday. Compare with xapo and web wallet coinbase seems good in fees wise. There is no wallet would like to get transacted with the low charge.

These issues with multiple sites are likely because of the increasing traffic with people panic selling and recent buying.  One thing that you can do if you are just wanted to move funds, although it will cost you an extra fee is change BTC into another currency on the exchange and move that currency.

anyone else is having problems with debit card purchase with Coinbase?

Well, now I can't even enter my Coinbase account.

Fine for me today, so far at least.

Caveats, do not use a coin that you do not trust will keep the value over the period of moving the coins.  There is an exchange fee for trading coins, make sure that you do not care about those funds.  Make sure that amount of the new coin is high enough to meet the minimum withdrawal.  These things can work in an emergency, but the best course is to relax and wait it out.