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Author Topic: Exchanges Struggle With Massive Influx of Users  (Read 695 times)

Offline Cordillerabit

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Exchanges Struggle With Massive Influx of Users
« on: December 01, 2017, 02:11:58 PM »

A rollercoaster ride of a week for Bitcoin has seen exchanges suffer outages as current and new users clamored to trade the sought-after virtual currency.

Popular exchange Coinbase and other exchanges saw a massive surge in the volume of traffic on their exchange - causing delays for users on their platforms.

Server issues leading to price volatility?
Having hit the $11,000 mark on Wednesday, Bitcoin’s value has been following a wave function.

There could be a number of reasons for this. Naturally, many investors may have cashed out when the virtual currency hit its biggest high to date.

Or perhaps the apparent correction, which many analysts predicted to come at much higher prices, is as a result of the difficulties experienced by major exchanges that were not quite prepared for the massive demand on their systems.

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Exchanges Struggle With Massive Influx of Users
« on: December 01, 2017, 02:11:58 PM »

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Re: Exchanges Struggle With Massive Influx of Users
« Reply #1 on: December 05, 2017, 09:36:22 AM »
Yep, I've noticed it a lot on Bittrex lately, sometime a trade I cancel won't give me notification till an hour later. Yesterday I also had the same purchase listed 3 times, till I refreshed the page. Etherdelta is nearly unusable, but that has often been the case.

 

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