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Author Topic: COINBASE JUST DUMP 75MIL INTO BITCOIN  (Read 3975 times)
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January 21, 2015, 05:11:22 AM
 #1

NOW IS THE TIME TO BUY!!!



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January 21, 2015, 05:15:14 AM
 #2

Any proof? Or you're just Fudding...


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January 21, 2015, 07:53:37 AM
Last edit: January 21, 2015, 11:17:44 AM by Q7
 #3

Any proof to back up that claim? I expect with 75mil into a 3bil market, that would at least have some positive effect to bring up the price a little bit instead of staying about at the same level right now. Last I check it was still at 212 level.

Edit (found the link)
http://blog.coinbase.com/post/108642362357/coinbase-raises-75m-from-dfj-growth-usaa-nyse

It's just an investment into a bitcoin company

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January 21, 2015, 11:09:30 AM
 #4

http://www.coindesk.com/coinbases-75-million-series-c/
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January 21, 2015, 01:05:22 PM
 #5

Not sure if OP is trolling or not...

But it's not an investment in Bitcoin.....

Instead of reading titles only, you should also read the whole article.....

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January 21, 2015, 04:10:20 PM
 #6

We're still waiting for the interesting news: what are they going to do with those funds?

If you're looking for a trading/lending place,
better avoid Poloniex, as it socializes losses.
Learn more about it on this topic.
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January 21, 2015, 04:15:08 PM
 #7

^^^^^^^
CB wants to expand into more international markets; also the CEO wants his own personal jet, yacht and a massage girl, 24/7/365.
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January 21, 2015, 05:09:36 PM
 #8

you can see at " someone just bought 75M worth of bitcoin" it sound way better
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January 21, 2015, 07:05:42 PM
 #9

We're still waiting for the interesting news: what are they going to do with those funds?
OP didn't even bother to copy paste the link to the original news and expects people to buy like crazy because capslocks.
This means nothing to me, will probably have a small peak on the price due hype but who knows.




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January 21, 2015, 08:03:12 PM
 #10

Coinbase is just putting together what seems to be a chump change (in comparison) to a market that is very attractive right now (maximum financial opportunity point or close to it). If you consider the idea that in 4-5 years time the crypto currency as a whole will gain greater exposure and acceptance, worrying over 1200 to 120 price drop (or even further) is same as worrying about drop from 32 to 1 dollar in the past.


Think long term, folks. Though, you will probably not succeed too much if you bought at 1200 and expect this to go up x10 in a year.
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January 25, 2015, 03:44:30 PM
 #11

I wonder if the lunar announcement thing is related to this. Do they want to pump it now with the hype?
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January 25, 2015, 05:03:46 PM
 #12

Well if 75Mill got put into BTC then the price would of sky rocketed back up and made some serious movement but so far theirs been very little movement in the market so I doubt they are buying up and making price go up. More like their just setting funds aside for future projects and have some form of reserves for customers to cashout and to maybe buy some coins. Who knows but I do not see market sky rocketing up.

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January 25, 2015, 10:04:03 PM
 #13

You may want to read the article.  It explains that this is basically an investment in coinbase operations and expansion, which is good for bitcoin, but not the same as someone buying 75 million USD worth of coins.
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January 25, 2015, 10:26:11 PM
Last edit: January 26, 2015, 09:28:36 AM by medUSA
 #14

Coinbase has raised $75m as part of a Series C funding round backed by a host of impressive first-time bitcoin investors including the New York Stock Exchange (NYSE), Fortune 500 financial services group USAA, Spanish megabank BBVA and Japanese telcom giant DoCoMo.

I was doubtful about this 75mil into bitcoin. After reading the article, I was fairly excited about this. The 75mil is not going into an exchange to buy coins, but invest into Coinbase. The good news is the prominence of the investors!

NYSE investing in Coinbase? This has to count for something.
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January 26, 2015, 03:12:50 AM
 #15

All speculation pump per the Coinbase exchange status. GGWP

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January 26, 2015, 03:55:56 AM
 #16

75 mil coin or 75 mil usd?? waiting news update

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January 26, 2015, 05:28:34 AM
Last edit: January 26, 2015, 08:08:46 AM by Lethn
 #17

You guys are seriously going to trust a brand new account posting something like this? The price is on the increase but it's very steady at the moment, nothing dramatic is going to happen yet, I'm expecting it to return to $300 - £350 and stay there if nothing goes horribly wrong.
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January 26, 2015, 06:47:44 AM
 #18

$75m? but why is the price soaring? troll post!
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January 26, 2015, 11:58:37 AM
 #19

You guys are seriously going to trust a brand new account posting something like this? The price is on the increase but it's very steady at the moment, nothing dramatic is going to happen yet, I'm expecting it to return to $300 - £350 and stay there if nothing goes horribly wrong.

That is my hope too. Stable price is what we want.
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January 26, 2015, 02:28:09 PM
 #20

 Kiss because of this bitcoin's price rise up quickly

that's a very big news lol

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