Coinbase making extra money?

[nahtnam]

Coinbase isn't an exchange.  They actually take on a lot more risk than an exchange.  When they buy from you or sell to someone else, they may or may not have a matching buyer.  It means they take on some risk.  However, I'm sure they have a certain set of reserves so internally, they can minimize their risk between the buy and sell spread.

One thing that's interesting, which I did report to them, is that the sell price changes to a flat amount (nearest whole $100 amount) when you put in an amount of .0001.  They haven't responded to my bug report yet.

I haven't had that happen.

- clip -

No, your supposed to just put 0.0001. Here is what it looks like at 1 btc:


This is at 0.0001:

Now this is interesting

The thing is that the min you can sell is 0.1 so after that they dont care...

On a side note, what screenshot software do you use?

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[caminilegroup]

-Getting kinda long-

On a side note, what screenshot software do you use?

I'm on my mac, so I use the built in Shift-Command-3 and I downloaded Paintbrush to do simple edits, I also have gimp for fun.

[nahtnam]

-Getting kinda long-

On a side note, what screenshot software do you use?

I'm on my mac, so I use the built in Shift-Command-3 and I downloaded Paintbrush to do simple edits, I also have gimp for fun.

Ok, well if you care to know, I use puush to take bare screenshots and if I need to do some editing, then I use awesome screenshot, edit the pic and then take a screenshot with puush... (if that made any sense).

[caminilegroup]

-Getting kinda long-

On a side note, what screenshot software do you use?

I'm on my mac, so I use the built in Shift-Command-3 and I downloaded Paintbrush to do simple edits, I also have gimp for fun.

Ok, well if you care to know, I use puush to take bare screenshots and if I need to do some editing, then I use awesome screenshot, edit the pic and then take a screenshot with puush... (if that made any sense).

Yeah it makes sense. I put all my shots in my picasa and have one folder for anything bitcoin related. I will check out awesome screenshot, it looks pretty nice

[nahtnam]

-Getting kinda long-

On a side note, what screenshot software do you use?

I'm on my mac, so I use the built in Shift-Command-3 and I downloaded Paintbrush to do simple edits, I also have gimp for fun.

Ok, well if you care to know, I use puush to take bare screenshots and if I need to do some editing, then I use awesome screenshot, edit the pic and then take a screenshot with puush... (if that made any sense).

Yeah it makes sense. I put all my shots in my picasa and have one folder for anything bitcoin related. I will check out awesome screenshot, it looks pretty nice

Ya, its great. It lets you take pics of the whole page even if its longer than you screen.

[caminilegroup]

-Getting kinda long-

On a side note, what screenshot software do you use?

I'm on my mac, so I use the built in Shift-Command-3 and I downloaded Paintbrush to do simple edits, I also have gimp for fun.

Ok, well if you care to know, I use puush to take bare screenshots and if I need to do some editing, then I use awesome screenshot, edit the pic and then take a screenshot with puush... (if that made any sense).

Yeah it makes sense. I put all my shots in my picasa and have one folder for anything bitcoin related. I will check out awesome screenshot, it looks pretty nice

Ya, its great. It lets you take pics of the whole page even if its longer than you screen.

Yeah just noticed that, thanks. It will definitely come in handy.