111–120 of 348 posts
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> and I will not have changed its price at all Of course you will have, buying affects the price.
Marginally, but nowhere near to the extent that the price will change when the insider infortmation becomes public (unless I'm doing something crazy, like buying all available stock at any price below what I think the price will be).
I think Coinbase does fractional banking, I don't have any proof so not completely sure but you can judge yourself, this happened a few months ago: - nuCypher just randomly started going up on Binance - the price was still low on coinbase - the normal thing to do was to withdraw from coinbase and sell on binance "Oops withdrawal of nucypher is temporarily locked", it stayed locked for 8 hours, all the crypto subs on…
Coinbase regularly "goes down" or at least large amounts of users unable to login whenever there seems to be a "bank run" - which conveniently will help reduce the downward pressure on the price plummeting, so whatever billion dollar buffers or reserves waiting to buy during large selloffs they have - to also counter a total crash - would have pressure reduced on them as well; it might be a very short period of time…
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Anyone smart would use a new wallet each time.
There was a time when this would work. But as we've seen with high profile taken downs, the folks like those at Chainalysis make it incredibly hard to obfuscate with any degree of certainty.
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No they don’t. You trade with other users not coinbase directly
Coinbase almost definitely acts as a market maker as well. I would be very surprised if they didn’t at least seed the order book a little before listing new pairs.
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No they don’t. You trade with other users not coinbase directly
Coinbase almost definitely acts as a market maker as well. I would be very surprised if they didn’t at least seed the order book a little before listing new pairs.
Earlier quoted context omitted.
Coinbase regularly "goes down" or at least large amounts of users unable to login whenever there seems to be a "bank run" - which conveniently will help reduce the downward pressure on the price plummeting, so whatever billion dollar buffers or reserves waiting to buy during large selloffs they have - to also counter a total crash - would have pressure reduced on them as well; it might be a very short period of time…
Interestingly, trading for regular stocks on US exchanges is halted for many reasons including when the price moves too fast, a 10% move in 5 minutes automatically gives a 5 minute halt. https://www.nasdaqtrader.com/Trader.aspx?id=tradehaltcodes
It doesn't help that they have employed some highly unethical actors in the past and completely failed to do their due diligence. For example when they employed people that were involved in selling hacking tools to nation states that were used in human rights abuses.
Why is everyone discounting the possibility that this is a Coinbase controlled account? They would surely need to purchase the tokens before they list them.
No they don’t. You trade with other users not coinbase directly
Crypto fans want deregulated finance. Crypto fans get mad when deregulated finance is comically unfair. You really can’t make this up. Embrace this. It’s exactly what crypto is all about.
To me, and many others active somewhere on the "regulated finance" spectrum, the way crypto kept going on and on how awesome "deregulation" is from a consumer standpoint was tragically ironic. The vast majority of regulation is there to protect market participants.