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Author Topic: Coinbase support bitcoin forks  (Read 128 times)
hikky22 (OP)
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April 06, 2018, 10:31:22 PM
 #1

Adding Support for Bitcoin Forks to Coinbase
https://blog.coinbase.com/adding-support-for-bitcoin-forks-to-coinbase-c4bee020898c
What do you think about this? Can it positively affect the price of bitcoin?
Seetheummerallyeah
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April 06, 2018, 10:35:15 PM
Merited by suchmoon (1)
 #2

They are NOT adding support for these coins. They do not claim they will allow you to buy/sell the Bitcoin forks. The statement simply says they will allow users to withdraw forked coins, something they should have done a long time ago.
batang_bitcoin
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April 06, 2018, 10:38:15 PM
 #3

They are NOT adding support for these coins. They do not claim they will allow you to buy/sell the Bitcoin forks. The statement simply says they will allow users to withdraw forked coins, something they should have done a long time ago.
Yes, this is correct. @OP read the article again.

You can withdraw those forked coins but coinbase never stated that they added bitcoin forks to their service. You get the free coins and that's all.

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tsaroz
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April 06, 2018, 10:42:37 PM
 #4

With bitcoincash and BTG of users all to themselves, I don't see theirs any more of good bitcoin fork coming worth mentioning.
If they really intend to work for users, they should credit the two forks before anything.
Savantor
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April 06, 2018, 10:47:06 PM
 #5

Adding Support for Bitcoin Forks to Coinbase
https://blog.coinbase.com/adding-support-for-bitcoin-forks-to-coinbase-c4bee020898c
What do you think about this? Can it positively affect the price of bitcoin?

Possibly, although I doubt it.  However, as one of the only fiat exit points it will definitely make it much easier to track how the coins are spent. 
Teraboy
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April 06, 2018, 10:51:51 PM
 #6

They are NOT adding support for these coins. They do not claim they will allow you to buy/sell the Bitcoin forks. The statement simply says they will allow users to withdraw forked coins, something they should have done a long time ago.
It simply says they are not supporting it right now but to adding the new assets due to the a lot of demands to request new assets to be listed on the coinbase platform still on the analyzation and consideration.
I guess they said that the assets must comply with DAF to be listed on the coinbase platform. I think that coinbase never supporting bitcoin fork because there is no utiliuty usage on there.
IVEXO
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April 06, 2018, 10:56:30 PM
 #7

They are NOT adding support for these coins. They do not claim they will allow you to buy/sell the Bitcoin forks. The statement simply says they will allow users to withdraw forked coins, something they should have done a long time ago.

This is correct as you have said
It is a slow program on their part
Thanks for sharing more light to the issue
mahibul49
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April 09, 2018, 09:12:20 PM
 #8

i think they will just support the fork and then they will enable withdraw the fork coin but no trade will open Smiley
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