Hacker News Reader

Yeah, your portfolio is up now, but when the crash inevitably comes, how are you going to get that money out?

any of the many exchanges where you can convert coins to fiat?

Or to more solid coins.

Or to buy actual assets like real estate with them.

During high volume in the past Coinbase has suspended withdrawals of Ether. Call it a glitch, scaling issue, or whatever but it's still a valid concern.

I saw it happen during dips (but not spikes!) on Coinbase three times in two months.

I'm not buying that it's a scaling issue personally.

Even though it happened during peak usage it can't be a scaling issue?

"whatever" - market manipulation?

I think on more than one occasion, Coinbase, and other exchanges have been guilty of having outages/ suspending withdrawals etc during crashes... never seems to happen during upswings, though...

That is a serious accusation. They have had outages during peak traffic.

Reply on news.ycombinator.com