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.
Intrinsic value for Coinbase would be around $5-$10
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.
Crypto is a scam and Ponzi scheme so just a matter of time until everyone figured that out
Objection hearsay
Wait until people try to get their tether out.
cRYpTO iS tHE FuTurE
Amateur numbers🦍.
It’s a brokerage app with lesser assets under management compared to Etrade and Charles Schwab. About time it started trading like one.
Binance.US is the biggest competitor,fraction of Coinbase fees