$Coinbase Global, Inc.(COIN)$

2022-06-29

$Coinbase Global, Inc.(COIN)$ it is interesting to follow how a business which used to charge premium prices to retail customers (400 bps/4% as commission) adapt when competitors stop charging fees? Will it cost structures hold up? Can it be competitive? Will it lose customers? Will it become a cautionary tale?

https://decrypt.co/103483/binance-us-eliminating-fees-on-bitcoin-trades

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Comments

MatthewWalter
2022-06-29
MatthewWalter
20% price swings every few days. There is no better example of market manipulation than that. Easy money.
EmilyMark
2022-06-29
EmilyMark
dont they make money off more volume/transactions? how is this getting destroyed as crypto volume is pushing past 20bil a day
FranklinMorley
2022-06-29
FranklinMorley
this is going to the 40's, bitcoin looks like it's going to collapse. I have a price alert at 0.00. It will probably go off one of these days
BellaFaraday
2022-06-30
BellaFaraday
I don't like Coinbase Global either, but I wouldn't dare short it.
MortimerDodd
2022-06-30
MortimerDodd
It seems that you are very pessimistic about the future performance of the stock.
EvanHolt
2022-06-30
EvanHolt
COIN is really not competitive enough right now.

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Will it become a cautionary tale?&nbsp;&nbsp;https://decrypt.co/103483/binance-us-eliminating-fees-on-bitcoin-trades&nbsp; <img src=\"https://community-static.tradeup.com/news/a20721a4e0937c9b4521437393a2d6e6\" tg-width=\"1080\" tg-height=\"1920\"></body></html>","text":"$Coinbase Global, Inc.(COIN)$ it is interesting to follow how a business which used to charge premium prices to retail customers (400 bps/4% as commission) adapt when competitors stop charging fees? Will it cost structures hold up? Can it be competitive? Will it lose customers? 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There is no better example of market manipulation than that. Easy money.","text":"20% price swings every few days. There is no better example of market manipulation than that. Easy money.","html":"20% price swings every few days. There is no better example of market manipulation than that. Easy money.","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102588517,"gmtCreate":1656466749031,"gmtModify":1663252974743,"authorId":9000000000000600,"author":{"id":9000000000000600,"authorId":9000000000000600,"name":"EmilyMark","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9042321158,"type":1,"supId":0,"prevId":0,"content":"dont they make money off more volume/transactions? how is this getting destroyed as crypto volume is pushing past 20bil a day","text":"dont they make money off more volume/transactions? how is this getting destroyed as crypto volume is pushing past 20bil a day","html":"dont they make money off more volume/transactions? how is this getting destroyed as crypto volume is pushing past 20bil a day","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102588490,"gmtCreate":1656466707307,"gmtModify":1663252977428,"authorId":9000000000000584,"author":{"id":9000000000000584,"authorId":9000000000000584,"name":"FranklinMorley","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9042321158,"type":1,"supId":0,"prevId":0,"content":"this is going to the 40's, bitcoin looks like it's going to collapse. I have a price alert at 0.00. It will probably go off one of these days","text":"this is going to the 40's, bitcoin looks like it's going to collapse. I have a price alert at 0.00. It will probably go off one of these days","html":"this is going to the 40's, bitcoin looks like it's going to collapse. I have a price alert at 0.00. It will probably go off one of these days","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102613871,"gmtCreate":1656580065992,"gmtModify":1663253090434,"authorId":9000000000000689,"author":{"id":9000000000000689,"authorId":9000000000000689,"name":"BellaFaraday","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9042321158,"type":1,"supId":0,"prevId":0,"content":"I don't like Coinbase Global either, but I wouldn't dare short it.","text":"I don't like Coinbase Global either, but I wouldn't dare short it.","html":"I don't like Coinbase Global either, but I wouldn't dare short it.","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102613868,"gmtCreate":1656580052531,"gmtModify":1663253090748,"authorId":9000000000000469,"author":{"id":9000000000000469,"authorId":9000000000000469,"name":"MortimerDodd","avatar":"https://static.tigerbbs.com/e95988692a3ca0ec3a601b11d189cbe9","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9042321158,"type":1,"supId":0,"prevId":0,"content":"It seems that you are very pessimistic about the future performance of the stock.","text":"It seems that you are very pessimistic about the future performance of the stock.","html":"It seems that you are very pessimistic about the future performance of the stock.","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":102613869,"gmtCreate":1656580059035,"gmtModify":1663253091529,"authorId":9000000000000592,"author":{"id":9000000000000592,"authorId":9000000000000592,"name":"EvanHolt","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":8,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9042321158,"type":1,"supId":0,"prevId":0,"content":"COIN is really not competitive enough right now.","text":"COIN is really not competitive enough right now.","html":"COIN is really not competitive enough right now.","likeSize":1,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9042321158"}