Coinbase has been a serious slug in the bitcoin space.<p>"Most days we’ve been reaching our maximum amount of buys within an hour or two. Some fixes for that are in the works."<p>Yeah, customers have noticed and moved elsewhere. The giddy "oh we're growing so fast we can't keep up" worked for the first month. Now it just seems incompetent. Top that off with all the complaints about execution-time pricing, where execution time is some undetermined time up to a few days out, transactions being endlessly stuck in the system, and delays in moving bitcoins and funds, and you've got a dog of a Bitcoin player.<p>Sorry, these guys need to get it together fast and stop with the juvenile dismissive language for their very serious technical underperformance.
Just want to mention this is mostly due to increasing awareness about bitcoin generally (as opposed to anything specific we are doing). People are getting really excited about bitcoin, which has been great for us and the community generally.
Gratz, guys. Big fan of coinbase and its ease of use. The only problem is, I feel like there is a limited lifetime value on any coinbase user, because as soon as you want to do more complicated trades, you need Mt. Gox or another trading platform.
Does anyone know the type of charting / dashboard software they are using there to display those graphs. There is also the "Add to dashboard" option which makes me think this is a SaaS product they are using in their backend.
but given that price of bitcoins has skyrocketed over the past 3 months, what's your actual growth in bitcoins being processed, not just dollar amount?
I'm bullish on Brian, his team and Coinbase as a product.<p>Given the recent high-profile flameouts, I'd rather see people disappointed they can't use all aspects of the service today than none of them down the road.<p>Bitcoin is still early and I don't think that the market of products and services is outpacing the company.
The strong points of Coinbase are the ease of use and the merchant APIs. Keep polishing the trading part and you'll be in this for the long run and the biggest share of a billion dollar market.
I'd love to see this data plotted vs the average Exchange Trade Volume over past 180 days:<p><a href="http://blockchain.info/charts/trade-volume?timespan=180days&showDataPoints=false&daysAverageString=1&show_header=true&scale=0&address=" rel="nofollow">http://blockchain.info/charts/trade-volume?timespan=180days&...</a><p>If you correct for that HUGE spike to 1250k in the CB graph it looks like CB is almost trending exactly w/the other exchanges.