Quote:
Originally Posted by Slava
If I had money in bitcoin I would be concerned about how to get out. Seems like the systems that let you trade are just hammered and can't handle the volume. At this point of course, that is due to the rise, but if the plan is to "get out before everyone else does" then you have to expect to face that same issue.
I have no position, and won't be taking any.
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Coinbase has basically come out and said that we shouldn't expect their system to hold up if there is a rush on the currency.
A run is fine I suppose because at least people won't be losing their lives, but if it crashes and people are trying to get out everyone is going to panic and the system will crash.