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Author Topic: Will Coinbase be Americas Major Exchange?  (Read 5866 times)
moriartybitcoin
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January 29, 2015, 12:55:14 AM
 #81

coinbase is a joke of an exchange .. plugged into the IRS and FINCEN, reporting all your transactions to the government so they can fuck you up the ass on a tax audit

good luck with that!

hongw
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January 29, 2015, 01:45:44 AM
 #82

coinbase is a joke of an exchange .. plugged into the IRS and FINCEN, reporting all your transactions to the government so they can fuck you up the ass on a tax audit

good luck with that!
The same can be said with any other reputable exchange. If they do not provide certain information to the government then they will likely have their assets seized which means any money you have on deposit with them will not be available to you
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January 29, 2015, 02:41:20 AM
 #83

coinbase is a joke of an exchange .. plugged into the IRS and FINCEN, reporting all your transactions to the government so they can fuck you up the ass on a tax audit

good luck with that!

Is it not funny that many BTC users were SO happy when Coinbase announced that they took licenses? BTC is about DE-centralization, no regulations and so on, right?. Smiley
Lexi Price
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January 29, 2015, 06:38:34 AM
 #84

Thanks to you guys for the USAA info.

For you guys who aren't pro coinbase do you think you'll be using Gemini when it launches? I mentioned elsewhere but will here, I'm not a trader and don't really understand all these charts or what the traders do to the value or price if anything but I have a question about the exchanges if anyone can answer. Is there a minimum amount to use to trade or a high amount, or can you trade with 1 or 2 bitcoins? Thanks.

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January 29, 2015, 07:41:23 AM
 #85

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 Roll Eyes
It may remain as one of the largest exchanges in the future
That said it will also have to take the brunt of all the problems to establish itself
While newer entrants will need to acquire market share from the leader without those costs

Believing in Bitcoins and it's ability to change the world
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