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Topic OP
What is Coinbase status as of today
by
pipelight1
on 27/11/2013, 00:56:01 UTC
Yesterday people were discouraging their use since the transactions were slow. I see the site is still up and looks like there are no problems. Just wondering who the next trusted level is and how long will that last ? Doesn't that worry any of you guys ?

You buy today and XXX-coin has gone from holding 300K worth of coin to holding 22M worth. That person can now take all coin by faking a virus..

Also, everyone is forgetting, many of these sites got in early. They bought thuosands when they were dirt cheap. Now as the price moves up and lets say they finally sell all their original lot. How do they buy and sell to make money. If "they make a bad move" do you think they are going to eat it if they can pass the buck ? Or just cut and run ?

Or lets say xx--- coin is now out of their original coins. So they have none for sale. Are they only processing the buys ? Or are they playing the money. So they load up with 100 coins today at 900.00. But tomorrow it falls to 450.00 and you want to buy coins ? What then, he is not going to lose 50% just to satisfy customers.

I only ask because I want to hear opinions on it. This is what happens everyday with penny stocks behind the scenes. Someone always getting burned.
 
I can see the day it drops 50% and stays there for more than a day to be a hgue problem. That is when it is over. As long as it runs UP... Things are fine...