Anyone Buying Into Coinbase?

Just think about it. If you have Coinbase shares, and buy $100 worth of bitcoin, your shares will go up .0000001 cents per share.
TLDR: Coinbase is the first perpetual motion machine
 
They just issued 100 shares to each of their 1700+ employees - bullish:
https://www.coindesk.com/coinbase-gifts-100-shares-each-to-1700-employees-ahead-of-public-listing


Nice to wake up to something nice such as a surprise like that
 
Bought about 125 USD worth of shares on 330.74 entry point going public today. I see more growth coming few days.
 
Yaaasssssss, queen! TO THE MOON!

No, seriously, never. I'd rather sell off all of my shit and donate the money away than spend a single cent on COIN. Coinbase is shit and bears will chew it up, just as usually, just as every fucking time. Best of luck hopping into the train of illusion that was strategically created (went public) at this specific time due to some major incoming events. A little tip, when you get information from your favorite, major and paid market source, make sure to do the opposite to whatever they say, most of the time.
 
If I had not invested all my money in Bitcoin, I would invest in Coinbase stocks
 
If I had not invested all my money in Bitcoin, I would invest in Coinbase stocks

Any particular reason or research, or just a gut feeling?

As I said before, if there were shareholder benefits it would have seemed an attractive punt.
 
Any particular reason or research, or just a gut feeling?

As I said before, if there were shareholder benefits it would have seemed an attractive punt.

Only my gut feeling. My prediction: the shares price to increase in near future...
 
It plunged to 294, so I don't know how great it will be. I bought a small amount (11) but let's see what will happen.
 
Coinbase will eventually be the victim of its own success.
They are the leading on-ramp for crypto, which is helping it become more mainstream.

But as it becomes more mainstream, more competition will emerge (imagine buying $BTC or $ETH directly from you major broker Fidelity, TDA, etc) which will drive down transaction fees for CB.

They will definitely need to develop a more diverse revenue stream in order to survive as a publicly held company. You can play in the crypto sandbox all you like, but if you dont deliver earnings quarter in, quarter out your shares will be punished.

Employees took their gifted shares and sold as soon as the market opened (since there was no lockup with the direct listing) and probably purchased some crypto with the proceeds.
 
Well, it keeps dropping, so it will eat a huge loss, but it is what it is. Those who think it will go to 600 plus will not happen with all the competition, and I don't mind losing as you learn from what you did wrong. I hope others were luckier than me.
 
Crypto exchange Coinbase is officially going to become a publicly traded company. With a valuation of between $77 and 100 Billion.

Its Form S-1 has been published by the U.S. Securities and Exchange Commission (SEC), clearing the way for its much-anticipated direct listing on Nasdaq.
Coinbase is cool if you're american because it gives you a way to buy crypto you can't otherwise can,
 
Back
Top