Buy, sell, send and receive Bitcoin Cash on Coinbase
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Buy, sell, send and receive Bitcoin Cash on Coinbase
1–10 of 304 posts
Re: Buy, sell, send and receive Bitcoin Cash on Coinbase
#2Up 50% from past 24hs. Previous ATH was ~2500, now at USD 3100 at Coinbase.
I was wondering what triggered it. This morning was already at a high price ~2100. It was somewhat stable around ~1700 just two days ago.
Re: Buy, sell, send and receive Bitcoin Cash on Coinbase
#3Up 50% from past 24hs. Previous ATH was ~2500, now at USD 3100 at Coinbase. I was wondering what triggered it. This morning was already at a high price ~2100. It was somewhat stable around ~1700 just two days ago.
I'm pretty sure simply being available on Coinbase/gdax triggered it. There are tons casuals like me who just use that.
Re: Buy, sell, send and receive Bitcoin Cash on Coinbase
#4Seems so perfectly timed for the latest drop and issues with bitcoin its self
Re: Buy, sell, send and receive Bitcoin Cash on Coinbase
#5I wonder how much money Coinbase employees, friends and family made by insider trading on this announcement. Gotta love unregulated markets!
Re: Buy, sell, send and receive Bitcoin Cash on Coinbase
#6Edit: I was able to login after several minutes of downtime.
I would urge others to buy a hardware wallet and not store your coins with Coinbase.
Re: Buy, sell, send and receive Bitcoin Cash on Coinbase
#7Up 50% from past 24hs. Previous ATH was ~2500, now at USD 3100 at Coinbase. I was wondering what triggered it. This morning was already at a high price ~2100. It was somewhat stable around ~1700 just two days ago.
I'm pretty sure simply being available on Coinbase/gdax triggered it. There are tons casuals like me who just use that.
The commenter you're replying to is saying that he "was wondering." My reading of his comment is that earlier today he was wondering why Bitcoin Cash was up so much (prior to the Coinbase announcement).
Now the price action makes sense. There were insiders who knew today was the day that Bitcoin Cash was coming to Coinbase and the price was up on that info. It's really a comment on the nature of unregulated crypto markets and insider trading.
Re: Buy, sell, send and receive Bitcoin Cash on Coinbase
#8All customers who held a Bitcoin balance on Coinbase at the time of the fork will now see an equal balance of Bitcoin Cash available in their Coinbase account.
Pardon the naive question, but does this mean Coinbase users who held Bitcoin have essentially "doubled their money"?
Re: Buy, sell, send and receive Bitcoin Cash on Coinbase
#9All customers who held a Bitcoin balance on Coinbase at the time of the fork will now see an equal balance of Bitcoin Cash available in their Coinbase account. Pardon the naive question, but does this mean Coinbase users who held Bitcoin have essentially "doubled their money"?
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Re: Buy, sell, send and receive Bitcoin Cash on Coinbase
#10All customers who held a Bitcoin balance on Coinbase at the time of the fork will now see an equal balance of Bitcoin Cash available in their Coinbase account. Pardon the naive question, but does this mean Coinbase users who held Bitcoin have essentially "doubled their money"?
They get one BCH for each BTC they held, but it's not double in terms of USD. Bitcoin is currently selling for around $17k, and BCH will open at $3k