Ask HN: Does anyone know what's going on at Coinbase?
It's possible that they've been undercharging for their service, and as a result have simply run out of cash. With the recent price growth, their buy price sometimes fails to catch up with the current exchanges rates, resulting in losses for them that their fee of 1% does not cover for.My friends trying Coinbase have raised concerns about the long delays as well, and I have a bitcoin transfer to my personal wallet that's been pending for multiple days. This needs to be resolved quickly to keep Coinbase and Bitcoins reputation.