BlackRockparattai

Coinbase revenue drops 27% from a year ago

Many crypto exchanges are struggling with volume in last few months. This is expected and we might see more drop in coming months. Coinbase stock dropped over 15% on extended trading season.

Apple tc_crash May 10, 2022

It’s a brokerage app with lesser assets under management compared to Etrade and Charles Schwab. About time it started trading like one.

BlackRock parattai OP May 10, 2022

Binance.US is the biggest competitor,fraction of Coinbase fees

Intuit TCorGTFO. May 10, 2022

Intrinsic value for Coinbase would be around $5-$10

Intuit TCorGTFO. May 10, 2022

Revenue will dry up. Just because they got revenue from fees in the bull market, doesn’t mean it’ll remain the same forever. Also, revenue doesn’t equal profits.

Twitter l33tcoder! May 10, 2022

Crypto is a scam and Ponzi scheme so just a matter of time until everyone figured that out

D. E. Shaw & Co. 1850 May 10, 2022

Objection hearsay

New
JFqs12 May 10, 2022

Wait until people try to get their tether out.

Iterable plznoban May 10, 2022

cRYpTO iS tHE FuTurE

Robinhood GoIsAzz May 10, 2022

Amateur numbers🦍.