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  4. Coinbase experiencing major outage as crypto prices plummet

Coinbase experiencing major outage as crypto prices plummet

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  • K Kent Sharkey

    The Verge[^]:

    Coinbase users are reporting difficulty withdrawing funds, heightening fears amid a widespread crash in cryptocurrency prices.

    "God Himself could not sink this ship."

    Convenient timing on that "sorry, you can't withdraw your money" problem. How very 1929 of them.

    P Offline
    P Offline
    Peter_in_2780
    wrote on last edited by
    #2

    Next: NFTs of the "I lost everything in the crypto bust" sob stories.

    Software rusts. Simon Stephenson, ca 1994. So does this signature. me, 2012

    1 Reply Last reply
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    • K Kent Sharkey

      The Verge[^]:

      Coinbase users are reporting difficulty withdrawing funds, heightening fears amid a widespread crash in cryptocurrency prices.

      "God Himself could not sink this ship."

      Convenient timing on that "sorry, you can't withdraw your money" problem. How very 1929 of them.

      D Offline
      D Offline
      dan g 0
      wrote on last edited by
      #3

      Shame

      .dan.g. AbstractSpoon Software email: abstractspoon(dot)todolist(at)gmail(dot)com

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      • K Kent Sharkey

        The Verge[^]:

        Coinbase users are reporting difficulty withdrawing funds, heightening fears amid a widespread crash in cryptocurrency prices.

        "God Himself could not sink this ship."

        Convenient timing on that "sorry, you can't withdraw your money" problem. How very 1929 of them.

        D Offline
        D Offline
        David ONeil
        wrote on last edited by
        #4

        An unregulated, decentralized currency. What could possibly go wrong? :doh:

        Our Forgotten Astronomy | Object Oriented Programming with C++

        Greg UtasG 1 Reply Last reply
        0
        • D David ONeil

          An unregulated, decentralized currency. What could possibly go wrong? :doh:

          Our Forgotten Astronomy | Object Oriented Programming with C++

          Greg UtasG Offline
          Greg UtasG Offline
          Greg Utas
          wrote on last edited by
          #5

          Little more than with a regulated, centralized currency.

          Robust Services Core | Software Techniques for Lemmings | Articles
          The fox knows many things, but the hedgehog knows one big thing.

          <p><a href="https://github.com/GregUtas/robust-services-core/blob/master/README.md">Robust Services Core</a>
          <em>The fox knows many things, but the hedgehog knows one big thing.</em></p>

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          • Greg UtasG Greg Utas

            Little more than with a regulated, centralized currency.

            Robust Services Core | Software Techniques for Lemmings | Articles
            The fox knows many things, but the hedgehog knows one big thing.

            D Offline
            D Offline
            David ONeil
            wrote on last edited by
            #6

            I guess that depends on your definition of 'little.' The money in my wallet doesn't just disappear. [How Many Cryptocurrencies Have Failed In 2021? - E-Crypto News](https://e-cryptonews.com/how-many-cryptocurrencies-have-failed/)

            Our Forgotten Astronomy | Object Oriented Programming with C++

            Greg UtasG Richard Andrew x64R D 3 Replies Last reply
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            • D David ONeil

              I guess that depends on your definition of 'little.' The money in my wallet doesn't just disappear. [How Many Cryptocurrencies Have Failed In 2021? - E-Crypto News](https://e-cryptonews.com/how-many-cryptocurrencies-have-failed/)

              Our Forgotten Astronomy | Object Oriented Programming with C++

              Greg UtasG Offline
              Greg UtasG Offline
              Greg Utas
              wrote on last edited by
              #7

              True, it disappears more slowly than outright frauds. That's what keeps the game going.

              Robust Services Core | Software Techniques for Lemmings | Articles
              The fox knows many things, but the hedgehog knows one big thing.

              <p><a href="https://github.com/GregUtas/robust-services-core/blob/master/README.md">Robust Services Core</a>
              <em>The fox knows many things, but the hedgehog knows one big thing.</em></p>

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              • D David ONeil

                I guess that depends on your definition of 'little.' The money in my wallet doesn't just disappear. [How Many Cryptocurrencies Have Failed In 2021? - E-Crypto News](https://e-cryptonews.com/how-many-cryptocurrencies-have-failed/)

                Our Forgotten Astronomy | Object Oriented Programming with C++

                Richard Andrew x64R Offline
                Richard Andrew x64R Offline
                Richard Andrew x64
                wrote on last edited by
                #8

                David O'Neil wrote:

                The money in my wallet doesn't just disappear.

                The money in your wallet is currently disappearing at a rate of over 10% per year, thanks to inflation.

                The difficult we do right away... ...the impossible takes slightly longer.

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                • Richard Andrew x64R Richard Andrew x64

                  David O'Neil wrote:

                  The money in my wallet doesn't just disappear.

                  The money in your wallet is currently disappearing at a rate of over 10% per year, thanks to inflation.

                  The difficult we do right away... ...the impossible takes slightly longer.

                  D Offline
                  D Offline
                  David ONeil
                  wrote on last edited by
                  #9

                  Yes, but at least it still totals up to $1! :laugh:

                  Our Forgotten Astronomy | Object Oriented Programming with C++

                  Richard Andrew x64R 1 Reply Last reply
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                  • D David ONeil

                    Yes, but at least it still totals up to $1! :laugh:

                    Our Forgotten Astronomy | Object Oriented Programming with C++

                    Richard Andrew x64R Offline
                    Richard Andrew x64R Offline
                    Richard Andrew x64
                    wrote on last edited by
                    #10

                    Yes, but to the original point, it's the value of that dollar that changes. And isn't that what's changing with cryptocurrency, the value? You can still have 1 whole bitcoin, but its value in dollars has changed.

                    The difficult we do right away... ...the impossible takes slightly longer.

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                    • Richard Andrew x64R Richard Andrew x64

                      Yes, but to the original point, it's the value of that dollar that changes. And isn't that what's changing with cryptocurrency, the value? You can still have 1 whole bitcoin, but its value in dollars has changed.

                      The difficult we do right away... ...the impossible takes slightly longer.

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                      David ONeil
                      wrote on last edited by
                      #11

                      My point was that crypto is a scam, and your dollar becomes absolutely nothing but a vague memory. An interesting video that outlines it really well: [Line Goes Up – The Problem With NFTs (and crypto)](https://www.youtube.com/watch?v=YQ\_xWvX1n9g)

                      Our Forgotten Astronomy | Object Oriented Programming with C++

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                      • D David ONeil

                        I guess that depends on your definition of 'little.' The money in my wallet doesn't just disappear. [How Many Cryptocurrencies Have Failed In 2021? - E-Crypto News](https://e-cryptonews.com/how-many-cryptocurrencies-have-failed/)

                        Our Forgotten Astronomy | Object Oriented Programming with C++

                        D Offline
                        D Offline
                        Dan Neely
                        wrote on last edited by
                        #12

                        Just remember that Web3 is going just great[^] πŸ’ΈπŸ’ΈπŸ’Έ

                        Did you ever see history portrayed as an old man with a wise brow and pulseless heart, weighing all things in the balance of reason? Is not rather the genius of history like an eternal, imploring maiden, full of fire, with a burning heart and flaming soul, humanly warm and humanly beautiful? --Zachris Topelius

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