Day Two: LocalBitcoins.com Issues and Downtime Continue

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Created by industry experts and meticulously reviewed

The highest standards in reporting and publishing

How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

LocalBitcoins.com users remain at a stand still as we’re well into the second day of a major outage that has brought down the popular bitcoin buying/selling service.

The Swedish-based company remained rather quiet on the issue Saturday, simply noting that there was a “possible hardware issue” — but as of today, the company has placed a banner on their site saying: “Crap. The site is unavailable.”

LocalBitcoins took the opportunity to make the following points:

1. The issue started on Saturday evening (in Central European Time).
2. The issue is not in the least security related. The problem has been identified to be in the network hardware they’re using.
3. All bitcoins and trades are secure.

At 10:39 AM (Eastern U.S. time) Sunday, the company projected the estimated time of repair to be ten hours. We are fast approaching the expiration of those ten hours — with users getting increasingly frustrated.

Monitoring the twitter-sphere, there’s no lack of users submitting their complaints.

“Come on!!” says one twitter-er (?).

“WHOA! you should have warned about this so we could have prepared more adequately!” another chimes in rather uselessly.

Sure, we get you’re annoyed, but it’s called an unexpected outage for a reason.

Certainly, it seems to be quite a complex issue, so if you’re a hardcore user of the site, relax. Fix yourself a drink and enjoy what’s left of the weekend!