Bitcoin Forum

Just wait for April 14th, Coinbase listing looks like will be a record listing https://www.economist.com/finance-and-economics/2021/04/10/coinbases-listing-may-break-records

People will go also crazy buying Crypto after they buy coinbase shares, and with a valuation of 68 billlion for coinbase, BNB will skyrocket in April.

I sure am buying some Coinbase and BNB
 

What do you mean "buying some Coinbase" ? Do you intend to buy shares? Are you sure there will be anything left after big guys buys everything? And I think it will be more complicated than just register and pass KYC to create an account on crypto exchange, and in few click become a holder/owner.

I just purchased some Marathon mining stock. I will get coinbase as well.

Ya already buy more this 2 coins in this discount period, especially bnb coin. Bought my BNB yesterday @$380 and gonna wait until the burn. It will be easy money for me  ;D

It says from the article that no new shares will be sold ="In contrast with regular initial public offerings (ipos), no new shares will be sold and existing investors do not have to wait six months before they can flip their stock, meaning they can benefit from any early excitement and a high share price."

But interesting what will be the price movement of bitcoin at that time period. Will it have an impact in btc price and finally surpassing the 60k again and stay on that level?

I doubt it. Coinbase is just another company among thousands that are selling shares on stock market. Companies with more stable situation and a longer history that stock market investors prefer over a company they have never heard of working with something (bitcoin) they also may not even have heard of or worse heard and believed some FUD about it!

You are confusing Coinbase with Binance.
BNB is a centralized shitcoin created by Binance and is pumped and dumped by them which has nothing to do with Coinbase.

LOL

Binance Coin (BNB) had already climbed first since yesterday , Reaching more than 420$ , does the talked  Burning of coins already happened? i cannot find in places if this already happens .
ohh so the Burn is still on the wait? when will this happen mate?

But BNB had already climb up the top now and already Making great action towards  Pumping.

Uhh.. how are both even mutually exclusive? BNB is Binance, and Coinbase doesn't even have it's sort of "platform coin"(thankfully). If you're going to bet on the growth of Coinbase(and the cryptocurrency industry), then the best bet is going to be bitcoin.

Coinbase and BNB huh. I would not buy Coinbase even if I was a speculator just because I actually probably can't (location problem). But BNB my god, at the rate it is at now, it would only make sense to buy it if you believed the rally isn't over and BNB can touch $1000. Because when the winter comes for crypto, BNB would be the first to lose 80% easily.

Same people said about Amazon. Google, Tesla, Apple ;)

The price of BNB is ridiculously high more than $400. Ethereum took longer to reach that level. I agree it is hyped but I doubt it will crash unless it is happening for most cryptocurrencies.
Coinbase share can be a good investment, not sure. "invest" what you afford to lose?

And people also have said the same with certain stocks that are pretty much underwater now. What do you mean? Detecting huge growth companies/assets very early on is a lot harder than you think. It's just very easy to say today that Amazon/Google/Tesla/Apple are good investments, well, because they're already big now.

Coinbase going public is a major milestone for bitcoin. It is the first major crypto-related company to truly go public. Holding a share of coinbase is not he same as holding bitcoin, however it is a metric as to the market's confidence in bitcoin's long term success.

BNB is a centralized token-coin created by Binance, not by coinbase. BNB provides utility to binance customers by allowing them to pay lower fees while using the binance exchange. I would not say that BNB is as worthless, nor pointless as the majority of altcoins out there.

I'd be interested in acquiring some coinbase stock at some point and will be watching as it goes live but it's probably going to be ridiculously high when it hits exchanges and apps. It'll probably skyrocket, people will fomo in then it'll have a huge pullback as it starts to crash and people dump it. People are probaly going to look at this like the Tesla/Facebook/google of bitcoin so it's going to be attracting a lot of interest. I think it could be a good long term hold as bitcoin is really starting to attract more and more retail investors and newbs to investing but Coinbase has a lot of competition. It's a great site for newbs to start with as it's very simple to use with a clean interface but the fees are ridiculous especially for buying or selling large amounts so once people become confident they'll likely go elsewhere. There's also a lot of similar sites that do the same like crypto.com but they offer a lot more like dozens of other coins and getting interest on your holdings. There's also the rise of defi platforms and coinbase will probably have to start implementing things their competitors have to keep up with them.


I could be wrong but I think he's saying that it will have a knock on effect as people look to buy 'shares' in the next best thing. I'm sure it will have an effect on other coins that give some sort of dividends like Binance or Kukoin etc.

So it opened at $381, hit a high of $429 and a low of $300 and is currently at $328. I'll keep an eye out and see how well it does before I decide if I buy in. May pick some up on the big dips if they happen. They don't plan to issue dividends though as they plan to reinvest the money into the company which is usually great for the stock price in the long run but I like to get some passive income from my stocks as opposed to just solely relying on growth. I would be real concerned about competition in the long run but Coinbase is probably going to be the Tesla/Google of bitcoin and they can probably adapt to meet demand and should do if they're smart, especially with this huge cash injection now. I'm sure a lot of bitcoin exchanges will be planning their floats for the near future though.