At first I thought Coinbase IPO was positive news in the market, but now I'm inclined to think that it's this news that we see the current price drop... COIN stocks are a legal way to cash in a huge amount of cryptocurrencies, of which Coinbase has a lot! It's possible that the market was pumped up for six months for this... Anyway, the situation is very similar to 2017, when CME futures were launched... In my opinion everything is not clear-cut here...
coinbase is not a very big exchange, in comparison with some giants, it is mainly a gate of entry in the crypto universe.
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Coinbase CFO dumped 100% his COIN. Coinbase CPO dumped 97% hehe.
They dumped so when they get to the point that most of their investors are selling they'll buy it again, pretty old tricks. I don't know if the current dump of Bitcoin to $50k this day was due to this but I think it's way too related. Another thing to think is that this dump happened on Sunday when the financial markets are closed and big institutions cannot dump their coins. The big question is how will the market open trading on Monday ? We are yet to witness that . if it has not changed, bankers resume work on sunday evening since aperture of bitcoin futures.
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..........
They can sell them to some NFT collector as a non fungible token memorability. I am sure some crypto fan collector would pay 100 AEON for those 12000 BTC. Why not? HE can then brag he have Bitcoins from Bitfinex hack. Maybe one day they will be worth a fortune ..........
very good humor how many possible aeons for such a historical NFT that sold 2,224 eth ? https://decrypt.co/66855/edward-snowden-nft-sells-million-ethereumi am sure that smooth could also realize a very good one!
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Coinbase shares opened at $381, giving Coinbase an opening market cap of $99.6 billion. It quickly shot up to $420+ per share, currently right around $400/share.
Based on the actual earnings of the business it should be valued at probably like $20 billion. So basically investors of Coinbase are saying they believe the company will explode as crypto explodes over the long term, and are pricing that in right now.
now quickly crashing lower.
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It appears that Coinbase IPO news has a good influence on the price of bitcoin and the hype might continue if the stock pumps hehe. However, is COIN a buy on IPO or is this similar to an ICO where certain groups that hold the stock before listing dump on everyone? The groups that hold Coinbase stock are venture capitalists and other investors.
zerohedge says today that initial investors bought recently pre-IPO at 350 usd per COIN, but will start IPO at only 250, and some are waiting quickly to get 600 usd. nasdaq games .
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aeon may reach soon one usd
Is this soon enough? Still waiting for $10. Definitely this year. Maybe before summer. yes, the push has been stronger on tradeogre. EDIT 14/4: some stabilization around 2800 sats on bittrex and TO
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Snooze mode
aeon may reach soon one usd still undervalued.
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yes, so not any possible use in current life.
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If you weren't able to join Sasha's last week's AMA session, here's its video recording with all the community's questions transcribed in timecodes. You can also catch the AMA's text recap with the main highlights on our blog.
Sasha will do more AMA sessions in future! Stay prepared! 😉
error 404: page not found or missing.
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unnamed should have them most coins integrated allright. so you dont need to load an years old blockchain if there is one day realy an payout ^^
hmmm Is the underwriter action reasonable? They're taking 80 bitcoin. They can just let us take login and withdraw like normal? good suggestion !
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Komodo was early with a lot of original ideas like AtomicSwap that are now the cornerstone of DeFi. May be the marketing campaign can take that into consideration and play into the Decentralized Finance (DeFi) narrative but across chains and the entire ecosystem, not just limited to Ethereum.
you suggest a simple marketing campaign, or a basic tweak of parameters ? always not very good to miss a sector huge expansion, even if being the first cornerstone.
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waves has recently lost momentum, even with a rather stable usd price.
now 82th on coingecko..
today 87th on coingecko.
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2 months delay announced for mainnet 3.0 source: bix weir
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outside of coinbase admission and good recent performance, what are the specificities deserving the use of cardano ?
The gist of their smart-contracts combined with the low fee. The code of Cardano's smart contracts can be mathematically verified and tested. Therefore such smart contracts are much safer and reliable than those ones run on Ethereum. Digital Healthcare Platform has already decided to switch their AskToken from Ethereum to Cardano. thank you.
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