Coinbase - exceeded their normal buy limits for today?

[opentoe]

Who the heck is buying a bunch of bitcoin for over $1000 that Coinbase ran out of them?

From Coinbase:

"Note! We've exceeded our normal buy limits for today. If you would still like to purchase you will receive the market price of bitcoin on Thursday Dec 5, 2013 at 12:38AM EST after your funds have arrived. read more"

[thomas_s]

Who the heck is buying a bunch of bitcoin for over $1000 that Coinbase ran out of them?

From Coinbase:

"Note! We've exceeded our normal buy limits for today. If you would still like to purchase you will receive the market price of bitcoin on Thursday Dec 5, 2013 at 12:38AM EST after your funds have arrived. read more"

No one, this happens when the volatility of the exchange is really high, they basically pause purchases, check back when everything evens out (usually in about an hour or so)

[opentoe]

Ahhh...so their reliability drops big time when the BTC market changes too quickly. Good to know, I did not know that. Thanks.