{"id":133102,"date":"2020-05-12T09:30:38","date_gmt":"2020-05-12T08:30:38","guid":{"rendered":"https:\/\/cryptoslate.com\/?p=133102"},"modified":"2022-03-11T19:40:20","modified_gmt":"2022-03-11T19:40:20","slug":"users-blast-coinbase-after-yet-another-outage-during-pre-halving-bitcoin-drop","status":"publish","type":"post","link":"https:\/\/cryptoslate.com\/users-blast-coinbase-after-yet-another-outage-during-pre-halving-bitcoin-drop\/","title":{"rendered":"Users blast Coinbase after yet another outage during pre-halving Bitcoin drop"},"content":{"rendered":"

Crypto exchange Coinbase<\/a> can\u2019t seem to catch a break.<\/p>\n

The San Francisco-based outfit was under fire on Sunday after multiple users took to Reddit and Twitter to complain about downtime during a very critical trading session.<\/p>\n

Going down but locked out<\/h2>\n

Bitcoin experienced a 15 percent price drop on Sunday, just 48 hours before halving. However, It was not completely unexpected \u2014 traders and analysts have been calling for a drop<\/a> since weeks, as the pioneer digital asset has historically fallen sharply after both previous halvings in 2012 and 2016.<\/p>\n

But even as traders were somewhat prepared to expect a drop, they weren\u2019t for exchange outrages.<\/p>\n

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How can you not be prepared for the bitcoin halving?? You've had years to prepare for this moment and your platform crashes last night and for 45 mins??? WTF?? Is this what we can expect if bitcoin rises in value rapidly over the next day, month, year? Explain???????<\/p>\n

— Mark McKinzie (@GR8StateofFate) May 10, 2020<\/a><\/p><\/blockquote>\n