GDAX Sign In seems to be broken amidst Bitcoin Cash frenzy

So I just tried to sign-into GDAX and this is what I saw:

gdax-down-bitcoin-cash

I’m not entirely too surprised to see this since CoinBase and GDAX (which technically is also CoinBase) launched Bitcoin Cash but had to suspend transactions four minutes in. The last 24-hours have been nothing short of a Michael Lewis book as CoinBase CEO wrote a blog post announcing a formal investigation into potential insider trading:

Given the price increase in the hours leading up the announcement, we will be conducting an investigation into this matter. If we find evidence of any employee or contractor violating our policies — directly or indirectly — I will not hesitate to terminate the employee immediately and take appropriate legal action. (Source – CoinBase blog)

While this controversy continues to unfold, the company also announced that Bitcoin Cash should go live again sometime today on GDAX. My guess is that this is why trying to login to GDAX gives me a “Rate limit exceeded.” error – too many people are trying to sign in and buy Bitcoin Cash.

The question is, once they do resume trading of Bitcoin Cash will all the hype that has been created over the last 24-hours inspire even more people to buy and continuing to drive the price up. Oh and in that case, we would be crazy not to buy Bitcoin Cash today?

Discussions — No responses yet