Coinbase ran out of BTC

[mogs]

Wow.. busy day!
http://tinypic.com/r/15i2k5k/5

[xzempt]

how can they run out of bitcoins?   do people not deposit them and sell thru them?    Thats gonna open up a lot of questionable activity charges based on them not processing orders for "safety reasons"  and not giving people coins when there are large price moves

[arbitrage001]

They run more like a brokerage than an exchange.

They probably get their supply from bitstamp.

[moderate]

Wow.. busy day!
http://tinypic.com/r/15i2k5k/5

At least they are telling you that is the case. The wrong way to do this would be to "sell" bitcoins as requested, expect them to drop in value from some exchange, buy them, and then pass them to the user. If it doesn't drop in value, then after some time send a reply to the customer saying their super advanced machine learning algorithms flagged you as a fraudster.

[Bboy360]

Wow.. busy day!
http://tinypic.com/r/15i2k5k/5
http://tinypic.com/r/15i2k5k/5

At least they are telling you that is the case. The wrong way to do this would be to "sell" bitcoins as requested, expect them to drop in value from some exchange, buy them, and then pass them to the user. If it doesn't drop in value, then after some time send a reply to the customer saying their super advanced machine learning algorithms flagged you as a fraudster.

Yeah, it's good they're honest about it.