Is coinbase the biggest missed opportunity in recent memory?

Adobe / Sales
RonaldPauk

Go to company page 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

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TOP 13 Comments
  • Uber
    lvl6outage

    Go to company page Uber

    lvl6outage
    Couldn’t agree more. Lackluster service paved the way for numerous competitors to enter.
    Jan 26, 2018 0
  • Apple
    Stiffler

    Go to company page Apple

    Stiffler
    Yep. Seems like a pretty poorly run company.
    Jan 27, 2018 0
  • New / Eng
    anthem

    New Eng

    anthem
    They did a billion in revenue I think they're ok
    Jan 27, 2018 2
    • Apple
      Stiffler

      Go to company page Apple

      Stiffler
      And MySpace had a bazillion users once too. First mover advantage can be great. But they suck at scaling.
      Jan 27, 2018
    • New / Eng
      anthem

      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 27, 2018
  • New / Product
    luuuke

    New Product

    PRE
    Amazon
    luuuke
    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
      luuuke
      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
  • Robinhood does not do much. They use APEX for clearing stocks. It’s just a passthrough.
    Jan 26, 2018 0