Ignoring recent premium rises for a second, if you are able — there’s no greater signaling of bitcoin excitement than an app that lets you buy the cryptocurrency growing “the worlds largest” downloaded app in the App Store.
That’s exactly what happened on Thursday when Coinbase, the $1.6 -billion-valued firm behind what is arguably the world’s best-known exchange for converting fiat into crypto, touched the top spot for free apps in Apple’s U.S. App Store for the first time as the cost of bitcoin rocketed past $17,000 thanks via world prices jump of over 20 percent in 24 hours.
The irony of Coinbase hitting the mainstream is that, for countless patrons, the services offered was actually unavailable for large portions of the day. The Coinbase app was hanging for many — shaping it impossible to check an detail offset let alone buy into The Next Great Bitcoin Rush — and its web-based busines didn’t fare any better. The place was “down for maintenance” for enormous hunks of the working day, baffling clients looking to buy, exchange or merely access their account.