coin base crypto currency

Nanpy

I opened a Coinbase account earlier this year and they're certainly secure. I'm as sceptical as the next guy but the fact is that crypto is going up in price. You can simultaneously have no faith in the long-term viability of crypto in general or particular coins, but also take advantage of the short term gains. 
I had to use a couple of banks before I found one that would even let me transfer money to them, despite them being around for almost a decade and generally regarded as completely legit. 

beer_time

so you think not safe for long term

But what about the run up to the great reset? how do you think it will value till then? how do you think it will value after

kinger101

Let me see....



Aha!  You'll either make money or lose money

csgohan4

Another OP, trying to stir up interest in butcoin. YOLO right?

I'm happy with my shares which have gained over 100% in less than 6 months, least their not going to dive like Butcoin and have value in the long run

jimjames

beer_time said:

so you think not safe for long term

But what about the run up to the great reset? how do you think it will value till then? how do you think it will value after

What's the great reset? When it is going to happen? Is this like the financial crisis?

Scottex99

beer_time said:

Anyone any dealing with this bank called "coin base" please they can say was good or bad

I read bad things on wikipida that happened in 2008

Coinbase is a platform where you can buy/sell/store crypto. Not many people's favourite but it does the job and they are one of the biggest and have been around for a long time.
They are going to IPO next week for a value in the region of $90bn

Scottex99

csgohan4 said:

Another OP, trying to stir up interest in butcoin. YOLO right?

I'm happy with my shares which have gained over 100% in less than 6 months, least their not going to dive like Butcoin and have value in the long run

Lol pretty tenuous link there for some BTC bashing?
100% in 6 months?! Wow. One of my shitcoins did 4000% in 5 weeks but meh.
How do you know your shares won't dip in value? In the current financial climate of money printing, I would say that BTC as a store of value or "digital gold" has a pretty nice narrative. See you at $100k.

csgohan4

Scottex99 said:

csgohan4 said:

Another OP, trying to stir up interest in butcoin. YOLO right?

I'm happy with my shares which have gained over 100% in less than 6 months, least their not going to dive like Butcoin and have value in the long run

Lol pretty tenuous link there for some BTC bashing?
100% in 6 months?! Wow. One of my shitcoins did 4000% in 5 weeks but meh.
How do you know your shares won't dip in value? In the current financial climate of money printing, I would say that BTC as a store of value or "digital gold" has a pretty nice narrative. See you at $100k.

i and many others feel Bitcoin is a gamble. You must have a very high risk appetite to have Butcoin invested. But depends on how much your invested.

If your just putting some chump change 4000% isn't going to be much. put your money where you mouth is.

Have you got all your investments in Butcoin? If you do, good luck, I prefer more traditional investment, If I wanted to gamble, I'd go to a casino and bet red

Scottex99

More of a gamble than stocks? Happy to here your reasoning why.
It's not for everyone but the fastest growing asset of all time, fundamentals are the same as when it started, although it is moving closer to a store of value like gold than a currency these days. With layer 2 solutions you can buy goods with it but many people would be unlikely to when they think it will appreciate further.

Put your money where your mouth is, haha what does it matter? $125 to $5k in 5 weeks is pretty good regardless. My fist 100x was in Feb this year too actually. $400 to $40k in about 12 months.

I work in the industry, the firm that I run trades 2-3m every day from crypto to fiat and vice versa, fully regulated. I have a decent chunk in BTC or butcoin (hilarious, did you come up with that yourself?) and probably 50-60% of my net worth in crypto overall. So yeah I'm pretty bullish to have 500k in a massive "gamble".

eskbanker

Scottex99 said:

fundamentals are the same as when it started

I think both sides of the argument would cite that line!