Is coinbase falling down

[rat03gopoh]

Now falling down? Why? Did anything big change? I don't think so.

What I caught is that he assumes each CEX produces its own version of "bitcoin." Or that bitcoin volatility varies depending on the performance (local liquidity) of the exchange where it's listed. Perhaps Coinbase is the only legally (with KYC) recognized platform where he can buy and sell bitcoin. idk.

But there shouldn't be a significant price difference between platforms, as there's been almost no opportunity for arbitrage trading with bitcoin in recent years, unless the OP is using a different version of Coinbase (phishing).

[FinneysTrueVision]

Coinbase is still quite popular despite having bad customer support and rogue employees that leaked customer information to scammers. They also charge all kinds of fees that are above industry standards. People still prefer them because it is easy to use even for beginners. Being based in the United States where there is strict regulations also gives people a sense of safety.

The options for people in the United States are very limited, and that has helped Coinbase become so dominant even if their reputation isn’t the best.

[davis196]

Past history Bitcoin seems as if it’s been on the downtrack of falling down and I think there is more platforms that are better than coinbase as it requires verification and some platform do not

What do you mean by "falling down"? Do you mean that Coinbase should file for bankruptcy or you mean that Coinbase is simply losing market share and customers? Do you have any verified data to prove your claims about Coinbase "falling down"? The fact that Bitcoin is facing a bear market doesn't mean that Coinbase would disappear. There were several crypto bear seasons in the past, but Coinbase survived all of them.
All big crypto trading platforms require KYC verification. I don't know about non-KYC crypto platforms being more popular than the KYC crypto platforms. It's actually quite the opposite. Can you mention a non-KYC crypto trading platform, which has more customers than Coinbase?

[DDB4U]

Past history Bitcoin seems as if it’s been on the downtrack of falling down and I think there is more platforms that are better than coinbase as it requires verification and some platform do not

What do you mean by "falling down"? Do you mean that Coinbase should file for bankruptcy or you mean that Coinbase is simply losing market share and customers? Do you have any verified data to prove your claims about Coinbase "falling down"? The fact that Bitcoin is facing a bear market doesn't mean that Coinbase would disappear. There were several crypto bear seasons in the past, but Coinbase survived all of them.
All big crypto trading platforms require KYC verification. I don't know about non-KYC crypto platforms being more popular than the KYC crypto platforms. It's actually quite the opposite. Can you mention a non-KYC crypto trading platform, which has more customers than Coinbase?

I mean the fact people are not buying bitcoins now at days is at stake because this president has the economy twisted and it’s tied to a good terms and conditions of course I have proof that I can share about the coinbase and services getting stricter

[noorman0]

I mean the fact people are not buying bitcoins now at days is at stake because this president has the economy twisted and it’s tied to a good terms and conditions of course I have proof that I can share about the coinbase and services getting stricter

Market trends don't actually impact the continuity of exchange operations; what they really need to do is comply with regulations and maintain a balance of financial inflows and outflows.

However, feel free to write more and provide proof. What you're trying to convey so far is still very ambiguous.

[DDB4U]

It’s times like when Biden was president the bitcoin was at stake at very good time those times , now it seems everyone is vanishing or playing with their money and time because of all these other coins assets nobody even using why is it even there

[yhiaali3]

I don't understand the connection between your statement "Bitcoin's history seems to be on a downward trajectory" and your statement "I think there are other platforms better than Coinbase"? There is no connection between Bitcoin and Coinbase. It is just an exchange like any other exchange and there is nothing special about it that has anything to do with Bitcoin.

Anyway, I basically don't like Coinbase because I simply feel like it's the official exchange of the United States government. I registered with it at the beginning of its creation when it didn't require KYC, but after they started requiring KYC, I left it forever.

[alani123]

What are these conclusions even?
Coinbase is doing very well.

You can check their public statements as they are a US regulated company and publishes audited information
 
They are profitable and continue to gain new users and manage retain volumes while also expanding their services.

[DDB4U]

I think they are on the verge of the downfall since trump waselected at that time

[Z-tight]

I believe you started this post to discuss about Coinbase and not to advertise whatever service you run. I have checked your post history and i can see that you already have a service thread for what you are offering, it is better to keep your advertisement to that thread. I already reported some of them in this thread to the moderator and they've been deleted. I am just putting this here in case you do not know, stop sneaking advertisements in unrelated topics.

[Rikafip]

I believe you started this post to discuss about Coinbase and not to advertise whatever service you run. I have checked your post history and i can see that you already have a service thread for what you are offering, it is better to keep your advertisement to that thread. I already reported some of them in this thread to the moderator and they've been deleted. I am just putting this here in case you do not know, stop sneaking advertisements in unrelated topics.

I've reported the (shit)post above yours, but for whatever reason mod that handled that report marked it as bad, even though it has absolutely nothing with the topic itself. Strange decision imo.

[DDB4U]

I have many reputation and vouched I can show proof to anyone the downfall of all my customers just so happenly vanished and they don’t come online anymore one buyer told me he would pay for my booking services but he never did

Yes i agree of somewhat the title can be misleading but the point of the post was to intend the potential outrage of bitcoin can be of the volume going high and low

[DDB4U]

I think they are on the verge of the downfall since trump waselected at that time