Coinbase Crosses 650,000 Users
blog.coinbase.com
Coinbase Crosses 650,000 Users
1–10 of 122 posts
Re: Coinbase Crosses 650,000 Users
#2Congrats to them, but could a graph be more disingenuous than the one used there that shows Bitcoin prices?
Re: Coinbase Crosses 650,000 Users
#3So the piece about more women was a little bit weird. It appears that as the broader market (made up of ~50% women) begins to use your product, you experience your demographic skew towards the broader markets' average demographic. Breathtaking.
Re: Coinbase Crosses 650,000 Users
#4Congrats to them, but could a graph be more disingenuous than the one used there that shows Bitcoin prices?
At least it's labeled that the BTC-USD price is the daily average for the month.
Re: Coinbase Crosses 650,000 Users
#5Note the title is a bit misleading. They say 650,000 users but the next sentence they state
> "we crossed more than 650,000 consumer Bitcoin wallets"
I'm not familiar with their service but I have 20 or so wallets that I've accumulated over the past 20 months, so I'm guessing its entirely possible for a single user to have multiple wallets, infact its so common that I'd label it the norm.
I wonder what percentage of their users, and wallets hold any bitcoins?
Re: Coinbase Crosses 650,000 Users
#6Note the title is a bit misleading. They say 650,000 users but the next sentence they state > "we crossed more than 650,000 consumer Bitcoin wallets" I'm not familiar with their service but I have 20 or so wallets that I've accumulated over the past 20 months, so I'm guessing its entirely possible for a single user to have multiple wallets, infact its so common that I'd label it the norm. I wonder what percentage of…
You have 20 Coinbase wallets? Unlike regular bitcoin wallets, there's no reason to have more than one Coinbase wallet. A Coinbase wallet can have an unlimited number of Bitcoin addresses and it is generally tied to a real name with a bank account and/or credit card for purchasing and selling bitcoins.
Re: Coinbase Crosses 650,000 Users
#7Note the title is a bit misleading. They say 650,000 users but the next sentence they state > "we crossed more than 650,000 consumer Bitcoin wallets" I'm not familiar with their service but I have 20 or so wallets that I've accumulated over the past 20 months, so I'm guessing its entirely possible for a single user to have multiple wallets, infact its so common that I'd label it the norm. I wonder what percentage of…
From what I can tell as a Coinbase user, for someone to have multiple wallets they would need to have multiple user accounts. Ie: each user account has 1 wallet.
Re: Coinbase Crosses 650,000 Users
#8Note the title is a bit misleading. They say 650,000 users but the next sentence they state > "we crossed more than 650,000 consumer Bitcoin wallets" I'm not familiar with their service but I have 20 or so wallets that I've accumulated over the past 20 months, so I'm guessing its entirely possible for a single user to have multiple wallets, infact its so common that I'd label it the norm. I wonder what percentage of…
You have 20 Coinbase wallets? Unlike regular bitcoin wallets, there's no reason to have more than one Coinbase wallet. A Coinbase wallet can have an unlimited number of Bitcoin addresses and it is generally tied to a real name with a bank account and/or credit card for purchasing and selling bitcoins.
Probably to avoid people associating ownership to one person as easily?
Re: Coinbase Crosses 650,000 Users
#9Note the title is a bit misleading. They say 650,000 users but the next sentence they state > "we crossed more than 650,000 consumer Bitcoin wallets" I'm not familiar with their service but I have 20 or so wallets that I've accumulated over the past 20 months, so I'm guessing its entirely possible for a single user to have multiple wallets, infact its so common that I'd label it the norm. I wonder what percentage of…
You have 20 Coinbase wallets? Unlike regular bitcoin wallets, there's no reason to have more than one Coinbase wallet. A Coinbase wallet can have an unlimited number of Bitcoin addresses and it is generally tied to a real name with a bank account and/or credit card for purchasing and selling bitcoins.
You don't really have a choice in some cases. Coinbase creates new wallets for referrals and maybe other transactions rather than use the existing wallet
Re: Coinbase Crosses 650,000 Users
#10Earlier quoted context omitted.
You have 20 Coinbase wallets? Unlike regular bitcoin wallets, there's no reason to have more than one Coinbase wallet. A Coinbase wallet can have an unlimited number of Bitcoin addresses and it is generally tied to a real name with a bank account and/or credit card for purchasing and selling bitcoins.
Probably to avoid people associating ownership to one person as easily?
If you're worried about the association of your wallet with your identity, then almost all of Coinbase's services are off limits to you. There would be little reason to create a Coinbase account.