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Coin up 9% today-Only smart people buy Coin stock
ARKK bought more...lets hear vexxed thoughts
https://www.cnbc.com/2023/02/14/ark-invests-cathie-wood-buys-coinbase-shares-for-a-second-day-.html
"I have more cars then I have garages "
So that is why they are all sitting on blocks in the front yard. Understood. Junk collector.
Hows that 60 support holding for ya
Healthy pullback after the monster move it just had. no new lows I bet. COIN should benifit from the market share its taking from the deadbeats out there that are bellyup. glta!
#tradingtip #checklist
— Ripster (@ripster47) February 9, 2023
Here is Example $COIN Short
✔️ Market Bearish - Check
✔️ EMA Cloud System Bearish - Check
✔️ Bitcoin Down - Catalyst -Check
✔️ Bearish Option Flow - Check
Hence, High Probability Short Trade https://t.co/P7VzUvPDa2 pic.twitter.com/bQgPKbTpy8
thanks 59.20-60.20
Go on. Buy ur 60 support at 59
COINDESK: Coinbase CEO Heard ‘Rumors’ the SEC May Ban Crypto Staking for Retail Customers
Sec about to long dik coinbase and all of crypto. Open WIDE
59-60 is a LONG
61.70 giddy up dog
"Coinbase shares surged after a Manhattan federal judge dismissed a class-action suit against the crypto exchange."
https://www.cnbc.com/2023/02/02/coinbase-stock-jumps-after-federal-securities-suit-dismissed.html
Woohoo i called that one!
Congrats to those who banked or are banking!
$COIN
Very nice! I thought this was done.. especially when Jim Cramer said its never too late to sell.. I seriously considered it.. what an AHOLE that guy is EVER day! Glad I held on..i would have been pissed today if not.. almost back to even! Let er' rip!
$Coin to the moon! I only wish I had bought it at $32 instead of $42! Dollar value dropping as predicted in the dollar milkshake theory. US currency will be last and folks would rather buy crypto than gold in my opinion!
https://www.cnbc.com/2023/01/24/coinbase-shares-to-get-cut-nearly-in-half-as-retail-traders-shun-crypto-mizuho-predicts.html
I expect Coinbase to be in bankruptcy or OOB (~OUTT-of-binniss) by summer 2024, possibly by EOY 2023.
Coinbase is the LEHMAN BROTHERS of the kleptocurrency collapse that is dead ahead.
BTC at $22,902 @6:56 in the spot market
Coin Up Another 7% today- LOL
21,130.07 @ 6 am in BTC spot market rally
BTC pushing up to 21K in spot market
the rally continues in the BTC spot market. at this time up 8.71%
Looks like there has been a delink-age between COIN and BTC. BTC up 3.96% in the spot market.
Then again maybe not
Actually 29% gain, bought them back $3.00 lower 10 minutes later. What a chart!!!! $COIN
Coinbase to Lay Off More Workers in Second Round of Cuts
January 10 2023 - 07:42AM
Dow Jones News
By Will Feuer
Coinbase Global Inc. said it is laying off 950 employees to cut costs, another round of job cuts after the cryptocurrency exchange cut its headcount by about 18% last year
In a blog post published Tuesday, Coinbase Chief Executive Brian Armstrong said the crypto industry has been hit by "fallout from unscrupulous actors." He warned that "there could still be further contagion."
"We need to make sure we have the appropriate operational efficiency to weather downturns in the crypto market, and capture opportunities that may emerge," he said.
As of the end of September, Coinbase had about 4,700 employees, up almost 70% from a year earlier, according to a shareholder letter. The latest round of layoffs would affect about 20% of staff, based on that count.
Mr. Armstrong acknowledged the company's round of layoffs in 2022.
"In hindsight, we could have cut further at that time," he said. "While some of the factors that have brought us to this point are beyond our control, accountability rests with me as the CEO."
The company expects operating costs to fall by about 25% from a year ago in the quarter ending March 31, Coinbase said in a securities filing. The company said it expects to incur about $149 million to $163 million as part of a restructuring plan meant to cut costs.
Mr. Armstrong said the company will exit some projects that "have a lower probability of success," and that teams on other projects will continue to operate with fewer employees.
The company remains well capitalized, Mr. Armstrong said, "and crypto isn't going anywhere."
"Over the last decade, Coinbase has made it through multiple bear markets using this process," he said. "This is the first time we've seen a crypto cycle coincide with a broader economic downturn, but otherwise it is similar."...
https://ih.advfn.com/stock-market/NASDAQ/coinbase-global-COIN/stock-news/89947431/coinbase-to-lay-off-more-workers-in-second-round-o
Well that was close to 25% gain. I sold some 7 cents from the 42.40 top lol
Bought in Friday and avg'd up this morning at 36.85
Magnetics just saw your message yeah this is dirt cheap and only the beginning sure it was over 250 a share until economic events and other crap dropped the price but come on as long as this company stays going it WILL b well above its all time highs in the months years to come Trust the process
Lol..good stuff. Thanks for the hot tip
Crypto is the future of money Coinbase should only go up as time passes and it's cheap right now
COIN is going OOB (~OUTT Of Bizzynezz) in 2023.
Everything else is just CONversation.
yahoo finance also says it has over 5 billion in cash though. also it says its trading at 1.48 p/book. down alot so could be a rally soon
All this kleptocurrency exchange is going to ZERO. Some kleptos may survive, butt the exchanges will be GONE.
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