Coinbase announcement on Monday

[kendog77]

http://www.wsj.com/articles/first-u-s-bitcoin-exchange-set-to-open-1422221641

Make no mistake about it, this is big fucking news.

Now many US wall street investors with very deep pockets have a legit way to invest in Bitcoin.

Most of the overseas exchanges are shady as hell, so hopefully we'll finally get true price discovery and all the past exchange manipulation and shenanigans will come to an end.

The small investors trying to manipulate prices to make a quick buck will get slaughtered once the big guys enter the market.

[the_sunship]

http://www.wsj.com/articles/first-u-s-bitcoin-exchange-set-to-open-1422221641

Make no mistake about it, this is big fucking news.

Now many US wall street investors with very deep pockets have a legit way to invest in Bitcoin.

Most of the overseas exchanges are shady as hell, so hopefully we'll finally get true price discovery and all the past exchange manipulation and shenanigans will come to an end.

The small investors trying to manipulate prices to make a quick buck will get slaughtered once the big guys enter the market.

Absolutely. Also, trading on overseas exchanges incurs more taxes. That's one of the reasons why I went with coinbase instead of bitstamp.

[stonerider]

http://www.wsj.com/articles/first-u-s-bitcoin-exchange-set-to-open-1422221641

Make no mistake about it, this is big fucking news.

Now many US wall street investors with very deep pockets have a legit way to invest in Bitcoin.

Most of the overseas exchanges are shady as hell, so hopefully we'll finally get true price discovery and all the past exchange manipulation and shenanigans will come to an end.

The small investors trying to manipulate prices to make a quick buck will get slaughtered once the big guys enter the market.

Absolutely. Also, trading on overseas exchanges incurs more taxes. That's one of the reasons why I went with coinbase instead of bitstamp.

What??? You can't do half the stuff on the coinbase that you can do on bitstamp. Tax is the last worry when you want stuff done on a real exchange which coinbase currently right now most definitely is NOT. It will be starting tomorrow, if WSJ is to be believed.

[Biodom]

What are the 25 states, I wonder, and what the heck is the problem with the other 25?
My state (TX) is not on the list of USD wallet enabled yet. What gives?

[jaberwock]

http://www.wsj.com/articles/first-u-s-bitcoin-exchange-set-to-open-1422221641

Make no mistake about it, this is big fucking news.

Now many US wall street investors with very deep pockets have a legit way to invest in Bitcoin.

Most of the overseas exchanges are shady as hell, so hopefully we'll finally get true price discovery and all the past exchange manipulation and shenanigans will come to an end.

The small investors trying to manipulate prices to make a quick buck will get slaughtered once the big guys enter the market.

the price manipulation will get heavier than ever, and more professional. So will be even harder for amateurs without inside info trade and profit.

But if true, we have all the fuel to have a new rally

[freedomno1]

https://www.coinbase.com/lunar

 

Any ideas?

I recall a few space node threads a while back
Could also be related to Space-X for all we know thanks for the heads up
To the moon ^^

[Junko]

To da moon!

[myohmy81]

really nice

[testerman]

to the moon,

to the sun ,

to the andromeda,

to the universe!!

[Mellnik]

to the moon,

to the sun ,

to the andromeda,

to the universe!!

We are already in the universe derp derp  .

[Rude Boy]

I think its about raising of BTC price

[Nagle]

Well, Coinbase announced their API. It's straightforward REST/JSON. There's a discussion on Hacker News. They're running on Amazon AWS, in the US East zone. They recommend that trading 'bots also run on AWS in that zone for reduced latency. Initially, there will be no fees, but later, fees will be imposed for transactions which "reduce liquidity" (i.e. are executed immediately). Putting up walls is free.

It looks like they're setting themselves up for high frequency trading. They may have huge volume, but it will be the same money going round and round. 

They claim to be "licensed" in at least New York and California, but they're not on the money transmitter lists for either state.

[dataispower]

Well, Coinbase announced their API. It's straightforward REST/JSON. There's a discussion on Hacker News. They're running on Amazon AWS, in the US East zone. They recommend that trading 'bots also run on AWS in that zone for reduced latency. Initially, there will be no fees, but later, fees will be imposed for transactions which "reduce liquidity" (i.e. are executed immediately). Putting up walls is free.

It looks like they're setting themselves up for high frequency trading. They may have huge volume, but it will be the same money going round and round. 

They claim to be "licensed" in at least New York and California, but they're not on the money transmitter lists for either state.

Any opinion on this?

https://docs.exchange.coinbase.com/#currencies

Will they add alts?

[criptix]

Well, Coinbase announced their API. It's straightforward REST/JSON. There's a discussion on Hacker News. They're running on Amazon AWS, in the US East zone. They recommend that trading 'bots also run on AWS in that zone for reduced latency. Initially, there will be no fees, but later, fees will be imposed for transactions which "reduce liquidity" (i.e. are executed immediately). Putting up walls is free.

It looks like they're setting themselves up for high frequency trading. They may have huge volume, but it will be the same money going round and round.  

They claim to be "licensed" in at least New York and California, but they're not on the money transmitter lists for either state.

Any opinion on this?

https://docs.exchange.coinbase.com/#currencies

Will they add alts?

yup most likely, would also align with the leaked pics of doge and ltc on coinbase

[dataispower]

Well, Coinbase announced their API. It's straightforward REST/JSON. There's a discussion on Hacker News. They're running on Amazon AWS, in the US East zone. They recommend that trading 'bots also run on AWS in that zone for reduced latency. Initially, there will be no fees, but later, fees will be imposed for transactions which "reduce liquidity" (i.e. are executed immediately). Putting up walls is free.

It looks like they're setting themselves up for high frequency trading. They may have huge volume, but it will be the same money going round and round.  

They claim to be "licensed" in at least New York and California, but they're not on the money transmitter lists for either state.

Any opinion on this?

https://docs.exchange.coinbase.com/#currencies

Will they add alts?

yup most likely, would also align with the leaded pics of doge and ltc on coinbase

Interesting. We shall see then. 

[CoinCidental]

to the moon,

to the sun ,

to the andromeda,

to the universe!!

to the mars ........moon too near .....

[dataispower]

Well, Coinbase announced their API. It's straightforward REST/JSON. There's a discussion on Hacker News. They're running on Amazon AWS, in the US East zone. They recommend that trading 'bots also run on AWS in that zone for reduced latency. Initially, there will be no fees, but later, fees will be imposed for transactions which "reduce liquidity" (i.e. are executed immediately). Putting up walls is free.

It looks like they're setting themselves up for high frequency trading. They may have huge volume, but it will be the same money going round and round. 

They claim to be "licensed" in at least New York and California, but they're not on the money transmitter lists for either state.

Any opinion on this?

https://docs.exchange.coinbase.com/#currencies

Will they add alts?

Will be nice to have altss on there as well. We need a proper regulated legal exchange for alts too.

Yes. I love Dogecoin, and I think it can bring a lot more users to crypto.

It is good to have a choice.

[CoinCidental]

Well, Coinbase announced their API. It's straightforward REST/JSON. There's a discussion on Hacker News. They're running on Amazon AWS, in the US East zone. They recommend that trading 'bots also run on AWS in that zone for reduced latency. Initially, there will be no fees, but later, fees will be imposed for transactions which "reduce liquidity" (i.e. are executed immediately). Putting up walls is free.

It looks like they're setting themselves up for high frequency trading. They may have huge volume, but it will be the same money going round and round. 

They claim to be "licensed" in at least New York and California, but they're not on the money transmitter lists for either state.

Any opinion on this?

https://docs.exchange.coinbase.com/#currencies

Will they add alts?

Will be nice to have altss on there as well. We need a proper regulated legal exchange for alts too.

alts should be traded for btc now and discontinued /
1 international currency is the ultimate goal and btc is where the big money and development  is
alts are just a distraction to new comers who will take long enough to get a basic understanding of btc without having 600 other shitcoins being pumped at the same time

[dataispower]

Well, Coinbase announced their API. It's straightforward REST/JSON. There's a discussion on Hacker News. They're running on Amazon AWS, in the US East zone. They recommend that trading 'bots also run on AWS in that zone for reduced latency. Initially, there will be no fees, but later, fees will be imposed for transactions which "reduce liquidity" (i.e. are executed immediately). Putting up walls is free.

It looks like they're setting themselves up for high frequency trading. They may have huge volume, but it will be the same money going round and round.  

They claim to be "licensed" in at least New York and California, but they're not on the money transmitter lists for either state.

Any opinion on this?

https://docs.exchange.coinbase.com/#currencies

Will they add alts?

Will be nice to have altss on there as well. We need a proper regulated legal exchange for alts too.

alts should be traded for btc now and discontinued /
1 international currency is the ultimate goal and btc is where the big money and development  is
alts are just a distraction to new comers who will take long enough to get a basic understanding of btc without having 600 other shitcoins being pumped at the same time

If you have about 3 major coins it gives people a choice. I agree that having hundreds of coins is too much.

In the case of Dogecoin it attracts different demographics and has more users than all altcoins combined.

If you want to learn more about Dogecoin:

https://bitcointalk.org/index.php?topic=800004.0;all

 

[Ibian]

Well, Coinbase announced their API. It's straightforward REST/JSON. There's a discussion on Hacker News. They're running on Amazon AWS, in the US East zone. They recommend that trading 'bots also run on AWS in that zone for reduced latency. Initially, there will be no fees, but later, fees will be imposed for transactions which "reduce liquidity" (i.e. are executed immediately). Putting up walls is free.

It looks like they're setting themselves up for high frequency trading. They may have huge volume, but it will be the same money going round and round.  

They claim to be "licensed" in at least New York and California, but they're not on the money transmitter lists for either state.

Any opinion on this?

https://docs.exchange.coinbase.com/#currencies

Will they add alts?

Will be nice to have altss on there as well. We need a proper regulated legal exchange for alts too.

alts should be traded for btc now and discontinued /
1 international currency is the ultimate goal and btc is where the big money and development  is
alts are just a distraction to new comers who will take long enough to get a basic understanding of btc without having 600 other shitcoins being pumped at the same time

If you have about 3 major coins it gives people a choice. I agree that having hundreds of coins is too much.

In the case of Dogecoin it attracts different demographics and has more users than all altcoins combined.

If you want to learn more about Dogecoin:

https://bitcointalk.org/index.php?topic=800004.0;all

 

A choice of what, exactly?