Don't forget - This company actively removed employees who were willing to stand up against societal ills.*
*Yes I know this makes some people like them more.
Coinbase announces proposed direct listing
31–40 of 222 posts
Re: Coinbase announces proposed direct listing
#32Obviously this was planned well in advance, but what a day to make this announcement.
How long until Coinbase blocks the buying of popular tickers too because powerful hedge funds tell them?
Re: Coinbase announces proposed direct listing
#33If there's one thing to take away from the GME debacle it is that organized, incentivized retail investors can make a stock do crazy things. Now take that and multiply it by a factorial with the general interest, shilling, and breadth of the crypto community! Recipe for INSANITY around this listing.
It's another centralized exchange though. I think the DeFi work is more interesting, particularly stuff like this: https://uniswap.org/ Still early, but truly decentralized exchanges are super interesting.
Yes, but Coinbase is one of the major gateways to that. Most people will need to use a CEX to convert their Fiat to crypto.
Re: Coinbase announces proposed direct listing
#34Earlier quoted context omitted.
It's another centralized exchange though. I think the DeFi work is more interesting, particularly stuff like this: https://uniswap.org/ Still early, but truly decentralized exchanges are super interesting.
Yes, but Coinbase is one of the major gateways to that. Most people will need to use a CEX to convert their Fiat to crypto.
Yeah, I agree and think it's likely to do well as the dominant and trusted centralized exchange to get fiat in and out.
I just don't see them as that different from Robinhood in the service they provide and the risks associated with it.
Re: Coinbase announces proposed direct listing
#35Curious what the accounting rules are around their BTC on the balance sheet. Would be wild if they had to mark to market.
Re: Coinbase announces proposed direct listing
#36Re: Coinbase announces proposed direct listing
#37Earlier quoted context omitted.
Yes, but Coinbase is one of the major gateways to that. Most people will need to use a CEX to convert their Fiat to crypto.
Yeah, I agree and think it's likely to do well as the dominant and trusted centralized exchange to get fiat in and out. I just don't see them as that different from Robinhood in the service they provide and the risks associated with it.
We are on the same page. Defi is the future. I'm hopeful this is a big step in getting there.
Re: Coinbase announces proposed direct listing
#38Re: Coinbase announces proposed direct listing
#39One more company off the shortlist of potential targets for the PSTH SPAC. Looking more and more like it’s going to be something like Subway.
:/ do we just sell?
Re: Coinbase announces proposed direct listing
#40Slightly off topic but can anyone explain to me why a massive company like coinbase uses Medium as a blogging platform/software? Why are they not hosting the blog within their own ecosystem/site?