Crypto is a ponzi scheme, speculative gambling, there is no fundamental value. Exchanges are collapsing. Stop encouraging others to buy!
My Coinbase stock 😭
thanks just bought tree fiddy buttcoins
I get the feeling Coinbase has been the only responsible US exchange and could come out far ahead when the dust settles.
Crypto is done if coinbase collapses. Until then its fine.
Yep, Bitcoin going zero… we heard that many times 😂. Central exchanges going down is not crypto or anything related to crypto. Try to understand what’s the problem
Not your keys, not your crypto. Get off exchanges.
Might I suggest Coinbase wallet for anyone looking to transfer off the exchange 😊
I don't get this response, if CB collapses so does their infrastructure and apps... CB Wallet would be inaccessible.
Then you'll come back and buy the dip. Your game is obvious, sir or madman.
Lol
Blockchains are just a tool, like ML. The fundamental value depends on the application. Coinbase does not tell you which applications / projects you should invest in. We provide on/off ramps, tooling for developers, various types of wallets to explore the ecosystem, etc. We don’t invest customer deposits (of which we hold about 2M BTC worth) and we have 5B in the bank to last the winter. We are diversifying revenue streams in a meaningful way. The fud is silly at this point. You are like a hysteric pointing the finger and crying “witch!” in the town square. You don’t even understand what you are criticizing.
Trading volumes continue to go down steeply. Coinbase is burning cash fast. Unlikely Coinbase will survive. Diversifying their revenue? Lol. Most of their revenue in the "subscription and services" category is actually interest on their cash. Interest earned went up due to higher interest rates. Check their last earnings report. And they are pretending like it's some new revenue stream.
This is false. You have no idea what you are talking about.
First time?
It will be that way until it’s not.