Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Coinbase acquires Blockr.io

blog.coinbase.com

Post reply on HN
Print view View original

1–10 of 10 posts

Re: Coinbase acquires Blockr.io

#2

Post by mads »

Uhmm.. what?

Wow that must have been some tough negotiations. "We offer you 10k!" .. "aaw comon guys.. 'blockr' is like super cool and shit and i also dated your sister!" .. "grr... okay we give you 12.500 ... okay?"... "okay! See you in the bar, buddy! Hehheh!" ..

Re: Coinbase acquires Blockr.io

#3

Post by abluecloud »

mads wrote: post #2

Uhmm.. what? Wow that must have been some tough negotiations. "We offer you 10k!" .. "aaw comon guys.. 'blockr' is like super cool and shit and i also dated your sister!" .. "grr... okay we give you 12.500 ... okay?"... "okay! See you in the bar, buddy! Hehheh!" ..

Uhmm... what?

Re: Coinbase acquires Blockr.io

#4

Post by mads »

abluecloud wrote: post #3
mads wrote: post #2

Uhmm.. what? Wow that must have been some tough negotiations. "We offer you 10k!" .. "aaw comon guys.. 'blockr' is like super cool and shit and i also dated your sister!" .. "grr... okay we give you 12.500 ... okay?"... "okay! See you in the bar, buddy! Hehheh!" ..

Uhmm... what?

What?

Re: Coinbase acquires Blockr.io

#5

Post by mcherm »

mads wrote: post #2

Uhmm.. what? Wow that must have been some tough negotiations. "We offer you 10k!" .. "aaw comon guys.. 'blockr' is like super cool and shit and i also dated your sister!" .. "grr... okay we give you 12.500 ... okay?"... "okay! See you in the bar, buddy! Hehheh!" ..

I have no idea what you are trying to say here.

Re: Coinbase acquires Blockr.io

#6

Post by mads »

mcherm wrote: post #5
mads wrote: post #2

Uhmm.. what? Wow that must have been some tough negotiations. "We offer you 10k!" .. "aaw comon guys.. 'blockr' is like super cool and shit and i also dated your sister!" .. "grr... okay we give you 12.500 ... okay?"... "okay! See you in the bar, buddy! Hehheh!" ..

I have no idea what you are trying to say here.

Maybe you are too clever to understand?

Re: Coinbase acquires Blockr.io

#7

Post by v64 »

mads wrote: post #2

Uhmm.. what? Wow that must have been some tough negotiations. "We offer you 10k!" .. "aaw comon guys.. 'blockr' is like super cool and shit and i also dated your sister!" .. "grr... okay we give you 12.500 ... okay?"... "okay! See you in the bar, buddy! Hehheh!" ..

Where does it say how much the acquisition cost?

Re: Coinbase acquires Blockr.io

#9

Post by tinkerrr »

Coinbase needs acquisitions. Right now, it's a cash cow charging 1% fees on each buy and sell, but with Circle coming up with their 0% fees, that would change. There's no customer loyalty here, just the cheapest option. If they want to remain competitive in the next 3-5 years, they will need more products and services. Their present revenues are great, but I am not sure that's sustainable based solely on the current business model.
Post reply on HN