Coinbase Custody Is Officially Open for Business
blog.coinbase.com
Coinbase Custody Is Officially Open for Business
1–10 of 70 posts
Re: Coinbase Custody Is Officially Open for Business
#2Not sure if this is related or not, but Coinbase's cryptocurrencies of choice (Bitcoin, Ethereum and Litecoin) just got a huge price bump in the past 2 hours which makes total sense because if this "Coinbase Custody" system is adopted by businesses and institutions, huge amount of money will be poured into these cryptocurrencies which will dwarf the current price.
Am I missing something or it makes sense?
Re: Coinbase Custody Is Officially Open for Business
#3Not sure if this is related or not, but Coinbase's cryptocurrencies of choice (Bitcoin, Ethereum and Litecoin) just got a huge price bump in the past 2 hours which makes total sense because if this "Coinbase Custody" system is adopted by businesses and institutions, huge amount of money will be poured into these cryptocurrencies which will dwarf the current price. Am I missing something or it makes sense?
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Re: Coinbase Custody Is Officially Open for Business
#4Not sure if this is related or not, but Coinbase's cryptocurrencies of choice (Bitcoin, Ethereum and Litecoin) just got a huge price bump in the past 2 hours which makes total sense because if this "Coinbase Custody" system is adopted by businesses and institutions, huge amount of money will be poured into these cryptocurrencies which will dwarf the current price. Am I missing something or it makes sense?
Who the hell knows with cryptocurrencies. Investor confidence sways easily and government approvals can make or break viability not to mention most of the populace (including the institutions) have no idea how to practically make use of them. It's probably here to stay, but (hopefully) in a different iteration than we're used to today: more eco-friendly and sustainable.
Re: Coinbase Custody Is Officially Open for Business
#5Not sure if this is related or not, but Coinbase's cryptocurrencies of choice (Bitcoin, Ethereum and Litecoin) just got a huge price bump in the past 2 hours which makes total sense because if this "Coinbase Custody" system is adopted by businesses and institutions, huge amount of money will be poured into these cryptocurrencies which will dwarf the current price. Am I missing something or it makes sense?
As someone who watches the price of bitcoin in detail every day, the price bump from today is not related to this news.
It's just usual market activity (stop hunting)
Re: Coinbase Custody Is Officially Open for Business
#6Not sure if this is related or not, but Coinbase's cryptocurrencies of choice (Bitcoin, Ethereum and Litecoin) just got a huge price bump in the past 2 hours which makes total sense because if this "Coinbase Custody" system is adopted by businesses and institutions, huge amount of money will be poured into these cryptocurrencies which will dwarf the current price. Am I missing something or it makes sense?
Institutions want investments that confer actual rights, something which these cryptocurrencies do not do.
If you are expecting a large influx of institutional investment money, I expect you will be disappointed.
Re: Coinbase Custody Is Officially Open for Business
#7It's a shame that Coinbase, of all people, demands payment for Coinbase Custody in a fiat currency of US Dollars.
Re: Coinbase Custody Is Officially Open for Business
#8It's a shame that Coinbase, of all people, demands payment for Coinbase Custody in a fiat currency of US Dollars.
I think of Coinbase as "cryptocurrency for people who don't believe in cryptocurrency" so it's not surprising from that perspective.
Re: Coinbase Custody Is Officially Open for Business
#9Terms:
Setup fee: $100,000 USD
Annual fee: 1.2% of the balance.
Minimum balance: $10,000,000 USD
Insurance: No info available.
Re: Coinbase Custody Is Officially Open for Business
#10Not sure if this is related or not, but Coinbase's cryptocurrencies of choice (Bitcoin, Ethereum and Litecoin) just got a huge price bump in the past 2 hours which makes total sense because if this "Coinbase Custody" system is adopted by businesses and institutions, huge amount of money will be poured into these cryptocurrencies which will dwarf the current price. Am I missing something or it makes sense?
Institutions want investments that confer actual rights, something which these cryptocurrencies do not do. If you are expecting a large influx of institutional investment money, I expect you will be disappointed.
That’s not true. For example, owning bitcoin gives you property rights.