Is coinbase the biggest missed opportunity in recent memory?

Adobe / Sales RonaldPauk
Jan 26, 2018 13 Comments

It seems like coinbase could have gotten a huge first mover advantage and tons of rev, but has been incredibly slow. I’m shocked they haven’t made faster moves towards being a true USD -> all alt coins platform, which would eliminate many exchanges and heavily increase volume, which equals more money through trading fees.

Throw in the Bcash fiasco, potential insider trading, and major downtime during times of high volume. They have been successful, but so much missed opportunity

comments

Want to comment? LOG IN or SIGN UP
TOP 13 Comments
  • Couldn’t agree more. Lackluster service paved the way for numerous competitors to enter.
    Jan 26, 2018 0
  • Apple Stiffler
    Yep. Seems like a pretty poorly run company.
    Jan 26, 2018 0
  • New / Eng anthem
    They did a billion in revenue I think they're ok
    Jan 26, 2018 2
    • Apple Stiffler
      And MySpace had a bazillion users once too. First mover advantage can be great. But they suck at scaling.
      Jan 26, 2018
    • New / Eng anthem
      There's a zero percent chance coinbase maintains it's market share no matter what they do. It will grow so much and so many more companies will enter. Including the banks
      Jan 26, 2018
  • New / Product
    luuuke

    New Product

    PRE
    Amazon
    luuukemore
    The founders already earned enough money to pay back the investors and enjoy rich life for the next 300 years. I don't think they missed any opportunity. Actually, I think Robinhood missed the opportunity, no?
    Jan 27, 2018 1
    • New / Product
      luuuke

      New Product

      PRE
      Amazon
      luuukemore
      BTW, I love Robinhood and its beatifullly designed profit model too. But if Robinhood had come earlier in crypto currency market, they could have earned SWEET profit. As they came in late, they are going to open the price war again, which is very very stressful and hard while Coinbase enjoyed huge fee in a relatively easier way.
      Jan 27, 2018
  • Bloomberg iaYM02
    Robinhood does not do much. They use APEX for clearing stocks. It’s just a passthrough.
    Jan 26, 2018 0
  • Google / Eng Prime
    I think robinhood would seriously kick their butts ! They have been excellent in stock trading.
    Jan 26, 2018 0
  • Being regulated comes with upsides and downsides.

    Upside means trust from common people which in turn brings them to being #1 downloaded app in the App Store in All categories.

    Downside means they can’t add shit coins willie nilly.

    I’m pretty sure they are doing ok with the path they chose.
    Jan 26, 2018 0
  • Coin base doesn’t seem like they’re in bad shape. Maybe they hit a triple instead of a home run
    Jan 26, 2018 0
  • Salesforce / Eng bdXW25
    Check out Ethos
    Feb 1, 2018 0
  • WalmartLabs / Product
    Nittygrity

    WalmartLabs Product

    PRE
    Target, Apple, WalmartLabs, Nestle, Applied Materials
    Nittygritymore
    What is the alternate?
    Jan 26, 2018 0

Salary
Comparison

    Real time salary information from verified employees