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Ripple Slides After Coinbase Says Not Adding New Crypto Coins

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Re: Ripple Slides After Coinbase Says Not Adding New Crypto Coins

#61

Post by joshschreuder »

shepardrtc wrote: post #15

Coinbase is covering their ass because of the Bitcoin Cash fiasco. They're basically saying, "We're not adding anything until we add something. And when we do, it will be officially announced." i.e. they're not just going to suddenly add it and then tell everyone like with BCH.

Will that really make a difference? Some amount of people is still going to know about the announcement in advance. The only difference is that Coinbase might actually have the resources to scale the release this time if they track how big of a deal their announcement is.

Re: Ripple Slides After Coinbase Says Not Adding New Crypto Coins

#63

Post by joshuamcginnis »

ahofer wrote: post #47
joshuamcginnis wrote: post #17

Earlier quoted context omitted.

What did you buy? I've now bought and sold many k's worth of Eth. It usually takes about a week for a purchase to settle and less when selling.

LTC. I have had 3 other buys/sells that went through normally, but one buy for approx $1k LTC @ ~$100 is stuck and my support request is sitting with no response. They don't respond to requests and so far haven't even acknowledged a backlog of pending buys, despite daily messages of various delays and outages. Could they be tying up customer funds on purpose?

https://www.reddit.com/r/CoinBase appears to be riddled with similar issues. Good luck. At least you're not the guy whose $800K withdrawal has been pending since 12/22, also with no response from support.

Re: Ripple Slides After Coinbase Says Not Adding New Crypto Coins

#64

Post by perseusprime11 »

colinhmit wrote: post #57

Ripple is a great litmus test for people who are FOMO buying. In this market, when the median top 200 coin under $0.1 went 100x [1], there are easier and "safer"[2] ways to generate returns. It doesn't even do its job the best. Stellar Lumens (xlm) is a fork and doesn't have the centralized aspect or the 60% supply overhang. Raiblocks (XRB) will eat its lunch in terms of tx speed/fees if the tech doesn't blow up firs…

What about TRX (Tron)? It is based on an actual use case around digital content.

Re: Ripple Slides After Coinbase Says Not Adding New Crypto Coins

#66

Post by tgarma1234 »

wmf wrote: post #53
ahofer wrote: post #8

After waiting for over a month now on my Coinbase purchase being stuck in Pending status, with absolutely no response from their Support, I'm getting tired of seeing Coinbase being seen as a leader in the Cryptoverse.

Saying "Coinbase sucks but there's nothing to do about it" just reinforces their dominance. Break out of your Stockholm Syndrome and either use Gemini or sue Coinbase.

But how do we actually get access to the money we put in? I think "sue coinbase" is basically a non-starter given their TOS.

They simply do not reply to any customer support tickets.

Re: Ripple Slides After Coinbase Says Not Adding New Crypto Coins

#67

Post by shepardrtc »

charlesdm wrote: post #31
EGreg wrote: post #25

Earlier quoted context omitted.

I am always wondering about people saying this. XRP is counterparty-free I have studied their consensus protocol and it is indeed decentralized. We are planning to use some of the ideas from it in our network. As for founders having 20% of a startup company, that's common. Look at Mark Zuckerberg for instance. Why does that make them con artists? Bitcoin whales and Satoshi control 40% of bitcoins while over 99% of th…

But the currency is not required for banks to actually use the system? I'd be all over this, but it seems banks are only interested in the Ripple tech, and don't require (a lot of) XRP to operate the Ripple tech.

They don't have to use it, but they'll save 30% on the cost of a transaction by using XRP. Why wouldn't they?

> it seems banks are only interested in the Ripple tech

No bank has ever said that. Some have said that they're not using XRP yet, but that's because they're simply beginning trial runs of the technology.

Re: Ripple Slides After Coinbase Says Not Adding New Crypto Coins

#68

Post by Axsuul »

wmf wrote: post #52
beefield wrote: post #45

Earlier quoted context omitted.

> I would say that the best strategy is Apologies, can't help myself being a cynical bastard. I would say that the best strategy in long term is to invest in assets that actually produce cash flow to the investors.

Unfortunately for grownups, making 100X in one year and then retiring probably does beat value investing over the long term.

And just what are the chances of you making 100X? I think people underestimate being able to time the market. This is a small sample size but all my friends who have attempted to day-trade the cryptomarket have not beaten my gains of just hodling.

Re: Ripple Slides After Coinbase Says Not Adding New Crypto Coins

#69

Post by wmf »

tgarma1234 wrote: post #66
wmf wrote: post #53

Earlier quoted context omitted.

Saying "Coinbase sucks but there's nothing to do about it" just reinforces their dominance. Break out of your Stockholm Syndrome and either use Gemini or sue Coinbase.

But how do we actually get access to the money we put in? I think "sue coinbase" is basically a non-starter given their TOS. They simply do not reply to any customer support tickets.

I would bet that your support ticket will be resolved within 24 hours of filing suit, regardless of what the TOS says. The value of your account is probably far smaller than the legal cost of even filing a motion to dismiss.

Re: Ripple Slides After Coinbase Says Not Adding New Crypto Coins

#70

Post by EGreg »

elmar wrote: post #46
EGreg wrote: post #25

Earlier quoted context omitted.

I am always wondering about people saying this. XRP is counterparty-free I have studied their consensus protocol and it is indeed decentralized. We are planning to use some of the ideas from it in our network. As for founders having 20% of a startup company, that's common. Look at Mark Zuckerberg for instance. Why does that make them con artists? Bitcoin whales and Satoshi control 40% of bitcoins while over 99% of th…

>XRP is counterparty-free You have 100 USD and 100 XRP in your ripple wallet and the gateway you deposited USD to fund your wallet closes shop, you are now left with the bag in the hand and you must trade 'em for another gateway's IOUs, or try to find someone to buy them from you.

Same with BTC
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