Coinbase adds support for Litecoin
techcrunch.com
Coinbase adds support for Litecoin
1–10 of 257 posts
Re: Coinbase adds support for Litecoin
#2Would a vendor like coinbase be subject to any legal repercussions if its employees purchased litecoin before the option to purchase went live, and the price spiked?
Re: Coinbase adds support for Litecoin
#3I wonder if the sudden increase in price over April is related to to Coinbase buying up LTC to fill their reserves: http://coinmarketcap.com/currencies/litecoin/
Re: Coinbase adds support for Litecoin
#4Would a vendor like coinbase be subject to any legal repercussions if its employees purchased litecoin before the option to purchase went live, and the price spiked?
Charlie Lee has mentioned it coming a month or so ago. And a week or two ago posted an image of an internal Coinbase version with Litecoin available.
Re: Coinbase adds support for Litecoin
#5Would a vendor like coinbase be subject to any legal repercussions if its employees purchased litecoin before the option to purchase went live, and the price spiked?
No, winning from having a privileged place in society is only prohibited in the securities market. And only kind of, and only in America for the most part, and only for now with the new court
Other markets that arent securities have no prohibition on privilege. Cryptocurrencies arent securities, although some ICOs could be determined to be securities, retroactively, so trade on inside information with that in mind
The stock market regulations are primarily a charade so that unprivileged people feel confident enough to put their money in a nonseasonal and liquid market. At the time, perpetual stock companies were the only ones that fit, compared to commodities currencies and real estate, so it has to appear more fair.
Re: Coinbase adds support for Litecoin
#6This rise is driven by Coinbase alone. The premium there was like 30-40% to other exchanges at one point.
Re: Coinbase adds support for Litecoin
#7Would a vendor like coinbase be subject to any legal repercussions if its employees purchased litecoin before the option to purchase went live, and the price spiked?
[deleted]
Re: Coinbase adds support for Litecoin
#8So little activity until 1st of April. What gives... https://www.coingecko.com/en/price_charts/litecoin/btc/90_da...
Re: Coinbase adds support for Litecoin
#9This rise is driven by Coinbase alone. The premium there was like 30-40% to other exchanges at one point.
Not so, Segregated Witness adoption pushed it from $4 to about $15.
Re: Coinbase adds support for Litecoin
#10It will take significant time and effort to overtake Bitcoin's name recognition and first mover advantage. However, there's also an advantage to being a second mover that can adapt quickly to a changing environment... I doubt Bitcoin will be the supreme crypto-currency in a few years. It's just too implausible that Bitcoin is perfect enough as is, and/or the community will be able to implement any needed changes before its "competitors" take market share.
Regardless, it's a good time to be a cryptocurrency investor. We're still in 1996 in Dot Com Bubble time.