Maybe its just me but until the next halving I feel price will be stagnant between $400-$600. 3600 new coins per day is just too many. That's almost 2 million new dollars entering the market every day just to keep the current price. Yes I know not all new mined coins are being sold but I'm sure the majority are. To many people got into bitcoin after the last bubble thinking a new one was right around the corner. I entered with a 2 year plan to accumulate and hold.
Its already been well established that bitcoin old schoolers don't need these type of services to keep there coins safe. For mainstream users this type of service can make them feel there coins are more secure.
Looks like a new feature. 48hr window to cancel withdrawl of funds. Would eliminate hacker theft on user end. As long as you trust coinbase. They say 97% of funds stored offline. 2 FA.
If more btc has to be bought or sold to balance out when does it happen? In real time during the trading day? End of trading day? Or just when the winks feel they need to buy or sell a bunch?
Altcoins are dying a slow death. They serve no purpose. Mainstream adoption is all that matters and were having a tough enough time getting average joes to wrap there head around bitcoin.