|
coinpr0n
|
 |
January 26, 2015, 06:33:57 PM |
|
With their new funding of 31 million, will Coinbase become the United States Major exchange? Will this start a frenzy among Americans to join the bitcoin craze? How will it effect the speculated value of bitcoin? Will other exchanges emerge and compete? Will more day traders emerge and push up the trading volume? Can this benefit the legitimization of bitcoin? All these questions are swimming through my mind  Do not forget Circle. I think, the turnaround time is lower for them than coinbase. And maybe Gemini (the Winklevoss exchange). I see Coinbase winning out tho. |
|
|
|
girb16
Newbie
 Offline
Activity: 36
Merit: 0
|
|
January 26, 2015, 06:57:43 PM |
|
Coinbase has certainly established itself as a major brand in the Bitcoin community.
Being well known is clearly the most important thing.
|
|
|
|
|
ajaxmoor
Legendary
Offline
Activity: 1372
Merit: 1000
|
|
January 27, 2015, 12:11:28 AM |
|
It certainly will be the biggest.
Is the current biggest exchange bitstamp or some other exchange ?
|
|
|
|
|
|
inBitweTrust
|
|
January 27, 2015, 12:14:32 AM |
|
It certainly will be the biggest.
Is the current biggest exchange bitstamp or some other exchange ?
Depends upon trading pair and currency- 1 Bitfinex BTC/USD $ 57,277,500 $ 278.30 53.34 % Recently 2 Bitstamp BTC/USD $ 15,295,900 $ 274.88 14.24 % Recently 3 BTC-E BTC/USD $ 13,516,200 $ 264.81 12.59 % Recently 4 OkCoin Intl. BTC/USD $ 8,998,640 $ 274.55 8.38 % Recently 5 Kraken BTC/EUR $ 2,730,310 $ 275.36 2.54 % Recently 6 LakeBTC BTC/USD $ 2,685,880 $ 270.90 2.50 % Recentl Coinbase, technically just introduced an exchange so isn't even in the top 10. |
|
|
|
galbros
Legendary
Offline
Activity: 1022
Merit: 1000
|
|
January 27, 2015, 12:46:26 AM |
|
It will be interesting to see how the addition of an exchange effects Coinbase's traditional bitcoin trading business. Gemini I expect will only be an exchange, Coinbase has moved first and has an existing customer base, so I would give it the advantage.
People who want to remain private will, I expect, avoid Coinbase as I expect it will have the strictest ATML regulations.
|
|
|
|
|
|
Gumbork
|
|
January 27, 2015, 12:54:13 AM
Last edit: January 27, 2015, 01:04:18 AM by Gumbork |
|
coinbase is defendly on the eye of portafolio investors, just today i had a few ppl talk to me about coinbase and bitcoin, how coinbase brings a legit exchange trading to bitcoin, since most of the none btc user fear btc trading b/c of none regulated issues.
coinbase is on a great road for more adoption and trading of btc.
|
|
|
|
|
wunkbone
|
|
January 27, 2015, 01:15:06 AM |
|
Your funds are not FDIC insured, coinbase's fiat funds are FDIC insured. There is a big difference. If the bank they hold their deposits at fails then coinbase will recover the FDIC insurance limit (at least), however if coinbase fails then the FDIC will not step in to protect people who are holding fiat at coinbase |
|
|
|
Lexi Price
Member
Offline
Activity: 66
Merit: 10
Live Free Or Die
|
|
January 27, 2015, 01:59:04 AM |
|
Re the list of states, what if anything does it say for those of us banking with branchless entities like USAA?
|
La Bella Vita Nessun Rimpianto
|
|
|
|
wunkbone
|
|
January 27, 2015, 02:17:16 AM |
|
Re the list of states, what if anything does it say for those of us banking with branchless entities like USAA?
It is based on where you live. So if you have an address in one of the states referenced then you can use their exchange services. If you do not then you cannot use their exchange |
|
|
|
seen369
Newbie
Offline
Activity: 40
Merit: 0
|
|
January 27, 2015, 11:49:24 AM |
|
This is a bit of a double edged sword. Bitcoin could certainly use more notoriety, but needs to be careful about over regulation.
|
|
|
|
|
jabo38
Legendary
Offline
Activity: 1232
Merit: 1001
mining is so 2012-2013
|
|
January 27, 2015, 11:58:25 AM |
|
Re the list of states, what if anything does it say for those of us banking with branchless entities like USAA?
I'm a USAA member and a Coinbase user. Right now I doubt we will see any integration, but when the time comes (maybe in a year or so) then USAA will be one of the first banks to get integration. |
|
|
|
|
nikona
|
|
January 27, 2015, 12:25:00 PM |
|
It certainly will be the biggest.
Is the current biggest exchange bitstamp or some other exchange ?
Depends upon trading pair and currency- 1 Bitfinex BTC/USD $ 57,277,500 $ 278.30 53.34 % Recently 2 Bitstamp BTC/USD $ 15,295,900 $ 274.88 14.24 % Recently 3 BTC-E BTC/USD $ 13,516,200 $ 264.81 12.59 % Recently 4 OkCoin Intl. BTC/USD $ 8,998,640 $ 274.55 8.38 % Recently 5 Kraken BTC/EUR $ 2,730,310 $ 275.36 2.54 % Recently 6 LakeBTC BTC/USD $ 2,685,880 $ 270.90 2.50 % Recentl Coinbase, technically just introduced an exchange so isn't even in the top 10. Yeah it will take time..but im sure that the will grow into the top 10. |
|
|
|
|
jabo38
Legendary
Offline
Activity: 1232
Merit: 1001
mining is so 2012-2013
|
|
January 27, 2015, 12:37:58 PM |
|
It certainly will be the biggest.
Is the current biggest exchange bitstamp or some other exchange ?
Depends upon trading pair and currency- 1 Bitfinex BTC/USD $ 57,277,500 $ 278.30 53.34 % Recently 2 Bitstamp BTC/USD $ 15,295,900 $ 274.88 14.24 % Recently 3 BTC-E BTC/USD $ 13,516,200 $ 264.81 12.59 % Recently 4 OkCoin Intl. BTC/USD $ 8,998,640 $ 274.55 8.38 % Recently 5 Kraken BTC/EUR $ 2,730,310 $ 275.36 2.54 % Recently 6 LakeBTC BTC/USD $ 2,685,880 $ 270.90 2.50 % Recentl Coinbase, technically just introduced an exchange so isn't even in the top 10. Yeah it will take time..but im sure that the will grow into the top 10. It's not legal in my state, but as soon as it is, I'll move all my coins there. |
|
|
|
|
picolo
|
|
January 27, 2015, 12:57:55 PM |
|
Coinbase allows you to buy some btc every month automatically. You send an automatic bank wire every month to coinbase and you don't have to deal with it anymore.
|
|
|
|
|
|
inBitweTrust
|
|
January 27, 2015, 01:07:39 PM |
|
Coinbase allows you to buy some btc every month automatically. You send an automatic bank wire every month to coinbase and you don't have to deal with it anymore.
Setting some limit orders will allow users to buy on the dips rather than merely at a predefined schedule which will help stabilize the volatility with volume. I used to use coinbases api to do this but the app was buggy and sometimes not place the order. |
|
|
|
botany
Legendary
Offline
Activity: 1582
Merit: 1064
|
|
January 28, 2015, 02:34:50 PM |
|
Coinbase allows you to buy some btc every month automatically. You send an automatic bank wire every month to coinbase and you don't have to deal with it anymore.
SIP in bitcoin. Some people really treat it like an investment.  |
|
|
|
|
|
maurya78
|
|
January 28, 2015, 03:05:42 PM |
|
CB could become N America's number 1 exchange, without any doubt
$75mn to help them get there, let's not forget
|
|
|
|
|
TrailingComet
|
|
January 28, 2015, 03:10:14 PM |
|
Yes, absolutely. But think they will face fierce competition from Circle and ETF's.
|
|
|
|
PodBayDoors
Newbie
Offline
Activity: 13
Merit: 0
|
|
January 28, 2015, 08:53:03 PM |
|
Coinbase monitors who you send your BTC to, and if they don't like them, they block you permanently from using their system.
So they're not tainting coins, they're tainting customers. Nice.
(etiquette: no requirement to use /sarc off when it's completely obvious)
|
|
|
|
|
|
hongw
|
|
January 29, 2015, 12:04:07 AM |
|
Coinbase allows you to buy some btc every month automatically. You send an automatic bank wire every month to coinbase and you don't have to deal with it anymore.
This is very similar to how sharebuilder works. Sharebuilder is targeted towards smaller investors and they let them buy fixed dollar amounts of stocks on a preset schedule every tuesday. Over time they have added additional features and have appeared to have grown their market share |
|
|
|
|
|
