Hundreds of reports of people not being able to buy when everything was down. I tried many times on Robinhood and all my purchases failed. I have heard the same of uphold, Kraken and Coinbase, freezing buys and deposits. Sure there was lots of activity but their servers should be able to handle that, or queue purchases and process them chronologically. But the prices kept moving, indicating that some people (likely institutional) were able to buy. This feels very rigged and unregulated, the rich wringing out the poor again.

And I know there will be lots of “why are you using Robinhood haven’t you learned” comments, but this was on plenty of other exchanges too.

submitted by /u/the_wickedest_animal [link] [comments]r/CryptoCurrencyRead More

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