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Author Topic: Coinbase adding dogecoin  (Read 272 times)
wheelz1200 (OP)
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May 13, 2021, 10:51:56 PM
 #1

https://decrypt.co/70865/coinbase-to-add-doge-coin-in-next-6-8-weeks

Took Armstrong enough time to add them.  They missed a lot of action this year.  Coinbase seems one step behind the curve. Coinbase is definitely warming up to alt trading though Smiley

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May 13, 2021, 10:59:37 PM
 #2


Aw that makes the difference because the joke now is worth billions. Its not because the technology behind doge is good but its because of money to be earned with.
Armstrong is saying he isn't trying to win fees but being the most trusted. What he is trying to say Doge can be trusted while not checking the top wallets with more than 40B of Doge.

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May 13, 2021, 11:10:23 PM
 #3

It looks like even this news affected the price positively. Because we are seeing it at $0.49 right now. After Dogecoin is listed on Coinbase, I think we will see the price increasing to a level which is close to its ATH.

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May 18, 2021, 11:14:33 PM
 #4

If and when coinbase adds dogecoin to their platform, it will be good news for the dogecoin crypto community. This is a coin that started as a form of experiment or joke and now it is already on some of the biggest exchanges in the world and addition to coinbase will make it more available to more people around the world who want to purchase it

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May 18, 2021, 11:38:08 PM
 #5

If and when coinbase adds dogecoin to their platform, it will be good news for the dogecoin crypto community. This is a coin that started as a form of experiment or joke and now it is already on some of the biggest exchanges in the world and addition to coinbase will make it more available to more people around the world who want to purchase it
Yes, it will pump again as soon as it gets listed on coinbase, who knows it might create a new ATH this time. It has been pumping continuously for no particular reason or news but this news might help it reach the $1 mark. The joke coin might become the biggest news of this year if it reaches that mark.

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May 18, 2021, 11:57:20 PM
 #6

Took Armstrong enough time to add them.  They missed a lot of action this year.  Coinbase seems one step behind the curve. Coinbase is definitely warming up to alt trading though Smiley
They have been more careful in what coins or tokens they offer to their user base compared to other exchanges and custodial wallets. I also read that it wasn't that easy to implement Doge chain before and it seems the devs have made some improvements so Coinbase had it easier this time.

They can still make a lot of profit from the addition of Doge. Elon is planning something.

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May 19, 2021, 12:12:33 AM
 #7

Took Armstrong enough time to add them.  They missed a lot of action this year.  Coinbase seems one step behind the curve. Coinbase is definitely warming up to alt trading though Smiley
They have been more careful in what coins or tokens they offer to their user base compared to other exchanges and custodial wallets. I also read that it wasn't that easy to implement Doge chain before and it seems the devs have made some improvements so Coinbase had it easier this time.

They can still make a lot of profit from the addition of Doge. Elon is planning something.
OFC they will be making profit even if they dont hodl doge because they have a passive income from trading fees. Coinbase isn't missing anything out since they are have generating millions of dollar.
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May 19, 2021, 01:40:26 AM
 #8

https://decrypt.co/70865/coinbase-to-add-doge-coin-in-next-6-8-weeks

Took Armstrong enough time to add them.  They missed a lot of action this year.  Coinbase seems one step behind the curve. Coinbase is definitely warming up to alt trading though Smiley
Adding a hype project is not easy for them though, they have to consider many things while protecting their own reputation and I don't think Coinbase is being left behind, they are also adopting change and that's a good sign of growth. We cannot expect top exchanges to adopt every hype project, that's not easy. Anyway, its not too late for them since the market is still doing great today, and maybe DOGE is not done pumping yet since Elon didn't dump his holdings yet.

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May 19, 2021, 01:55:10 AM
 #9

https://decrypt.co/70865/coinbase-to-add-doge-coin-in-next-6-8-weeks

Took Armstrong enough time to add them.  They missed a lot of action this year.  Coinbase seems one step behind the curve. Coinbase is definitely warming up to alt trading though Smiley
Crypto market is in the downtrend hope this news will give some boost to the price and help it to be on the recovering phase, And it seems $40K resistance can be broken with bitcoin and if that happenes then surely people will switch their panic selling mode and the continuous result of blood path into the whole crypto market.
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May 19, 2021, 02:25:06 AM
 #10

Dogecoin has successfully gotten the attention of the world, people are zealously pumping money into the coin and no exchange wants to be left out. The joke of the past has become most desirable and I'm not surprised that Coinbase has finally decided to add the coin.
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May 19, 2021, 02:32:41 AM
 #11

Dogecoin has successfully gotten the attention of the world, people are zealously pumping money into the coin and no exchange wants to be left out. The joke of the past has become most desirable and I'm not surprised that Coinbase has finally decided to add the coin.

And soon the Dogecoin will be the most cursed coin once whales dump there bags to poor retail investors that still bagging this coin despite of crazy tokenomics and shitty usecase. Elon musk shill tweets starting to backfire now after slowing down on price action since last week.

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May 19, 2021, 02:37:12 AM
 #12

Adding a hype project is not easy for them though, they have to consider many things while protecting their own reputation and I don't think Coinbase is being left behind, they are also adopting change and that's a good sign of growth. We cannot expect top exchanges to adopt every hype project, that's not easy. Anyway, its not too late for them since the market is still doing great today, and maybe DOGE is not done pumping yet since Elon didn't dump his holdings yet.
Since the season of memecoin launches. Dogecoin seems to become a new player even though its feature are not comparable to those superior projects. Actually when coinbase announced this dogecoin listing is literally a shocked to everyone. I wonder how it got listed first over some good projects on the pipeline. It seems coinbase are riding the hype at all.

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May 19, 2021, 03:43:18 PM
 #13

Coinbase is one of the best exchanges and they took a long time to list dogecoins because we all thought the fun would be over once Musk has had enough of it but now that the market has quietly stabilized, I think it was the right time to list the coin. Coinbase is one of the very few exchanges that is really following all the legal norms. I tried to buy ICP coins via USDT but it wouldn't let me because of their terms I guess. I mean I need to buy with either BTC or via my fiat currency. It was confusing to me, maybe I missed something. It's definitely an exchange that follows more legal rules than even Binance, I guess.

They are the biggest exchange in the USA if I am not wrong. I haven't used it much but from what I have heard about coinbase, it is certainly one of the top exchanges in the market. But with a new listing it looks like this dogecoin fun is not going to end anytime soon.

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May 19, 2021, 04:04:40 PM
 #14

Coinbase's support of meme coins like DOGE only makes more meme coin projects happen. The power of community is strong and it's really crazy. They are encouraging projects that are not really useful to be created. I look forward to serious development projects, rich in ideas and technology rather than such a project. Coinbase is indirectly encouraging lousy development to take place. Maybe Akita or Shiba will be the next crypto to be listed and we will see Coinbase flooded with crypto memes. I hope they are just exceptions to DOGE.

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May 19, 2021, 04:10:37 PM
 #15

Coinbase added Dogecoin because it is currently booming, if Dogecoin is not booming like now I think Coinbase is not interested in adding Dogecoin to its market, but thanks to the addition of Dogecoin it will be a positive thing to increase the interest of investors and traders in coinbase so that prices can go up again

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May 19, 2021, 04:16:58 PM
 #16

Dogecoin will show growth , i am sure  Cool
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May 19, 2021, 04:17:42 PM
 #17

Dogecoin has successfully gotten the attention of the world, people are zealously pumping money into the coin and no exchange wants to be left out. The joke of the past has become most desirable and I'm not surprised that Coinbase has finally decided to add the coin.
And now everything has gone down again like what happened in 2018 where everything was dumped in a big way, although personally I didn't expect this to happen, but this is a reality that everyone should see now.
Brother you are right I agree with you. We may not have thought that the current situation has become like the situation of 2018.
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May 19, 2021, 04:39:55 PM
 #18

Good news for Doge, now that doge is starting to take effect, when Elon Musk started to fully support doge, Elon Musk also plans to replace doge for payment in place of bitcoin.
I do not think Elon Musk will be able to accept Dogecoin as a payment option. He is just trolling and manipulating the market for his own benefits. He said Dogecoin is the future cryptocurrency? Lol.
If he can replace Bitcoin as a centre of cryptocurrency, it won't be significant to use it. Dogecoin will always be a meme coin, and no one can even replace Bitcoin. Even if coinbase accept dogecoin, it's still nothing will change.
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May 19, 2021, 04:51:12 PM
 #19

Took Armstrong enough time to add them.  They missed a lot of action this year.  Coinbase seems one step behind the curve. Coinbase is definitely warming up to alt trading though Smiley

Coinbase have been offering altcoins for years now, only the other day my boss was telling me he completed a quiz they offer and was assigned a random basket of $30 in different cryptocurrencies. Their entire business resolves around taking a tiny commission out of each trade and making a profit that way, plus there are also extra fees to move your cryptocoins out of Coinbase entirely. Just like Binance, they know that having the widest range of functional coins is an easy way to extra cash, it's really surprising that it has taken them such a long time to work out the required infrastructure for Dogecoin and they probably missed a fair chunk of profits on it.

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May 19, 2021, 04:52:19 PM
 #20

Coinbase is very popular exchange with good reputation. To be honest, Market of cryptocurrency depend on that project and demand. Exchange means a place to trade. Good exchange means good and trusted trading place. If exchange effect on doge market, Then price of doge can increase for a short time. But, main responsibility to keeping  price high is doges.

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