[2018-10-31] Coinbase Now Worth $8 Billion, Raises Funds to Accelerate Crypto Ad

[Jgilpulg]

The San Francisco-based exchange thus shows that it continues full steam ahead with its strategy of global expansion.

https://bitcoinist.com/coinbase-8-billion-funding/

[1BTC EQUALS 1CAR]

This is what we are expecting on that company to do. They need to make much more effort especially that they are the leading and trusted buy and sell company for bitcoin and other altcoins. They should not get affected by the crash of this year's market mood and I want to see them on the level on Facebook and Amazon someday.

[1Referee]

They need to make much more effort especially that they are the leading and trusted buy and sell company for bitcoin and other altcoins.

What more effort are you referring to? They are already on the brink of *potentially* turning into a shitcoin platform. They are also working on a banking license that may be granted to them next year. It seems to me that Coinbase is doing the right thing in order to please its shareholders. More can't we expect from them.

They should not get affected by the crash of this year's market mood and I want to see them on the level on Facebook and Amazon someday.

They should and they are. If your core business model is to have people buy and sell coins (which applies to Coinbase), they will obviously suffer badly during bear markets. Nearly the whole industry suffers this year, and it will only become worse if the market remains as stagnant as it currently is.

[rodskee]

This is what we are expecting on that company to do.

The caompany still strongly believe that bitcoin and cryptocurrency is useful
They want to encourage people to stay investing in bitcoin altcoins
Thats the reason coinbase expands their hand to all people

[KryptoKai]

The only thing that makes money now is shitcoin trading if you are lucky enough to get in on the pumps. Otherwise coinbase needs to diversify in order to attract more buyers, not everyone like to trade in boring coins all the time

[Facinat]

This is what we are expecting on that company to do. They need to make much more effort especially that they are the leading and trusted buy and sell company for bitcoin and other altcoins. They should not get affected by the crash of this year's market mood and I want to see them on the level on Facebook and Amazon someday.

If Coinbase can promote bitcoin or other coins more, I will buy some of its shares.

[erikoy]

The only thing that makes money now is shitcoin trading if you are lucky enough to get in on the pumps. Otherwise coinbase needs to diversify in order to attract more buyers, not everyone like to trade in boring coins all the time

I'll just say 10% shit coins will pump high but 90% of it were design to fail. So one should come to choose wisely on investing shit coins. It has high risk. Just imagine in ICO's you brought it 1 USD and they will list it to 0.50 USD. Most of it were undervalue because most of the ICO's do not have a real project to start with.