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It’s all going to collapse
There needs to be a reset of all crypto prices . All these weak hands still holding the bag on things like DODGECOIN & MOONCOIN need to get flushed out once & for all!!! I want to see Bitcoin under $20k, until then I’m on sideline.
They Should Change The Symbol to CON
Crypto Bubble Goes Pop
Keep Buying Crypto Suckas
https://www.cbr.com/gravity-falls-bill-cipher-guest-stars-on-the-simpsons/
JMO which means nothing lol
Gamble at own risk..
LOL and so it goes just like all the shit coins in the world
DONE!!!!!!!
Looks really painful on that side!
Why is crypto “doomed”?
Bought COIN calls for their ER
Other than that Crypto is still doomed
Earnings coming up! Brian has never been one to mince words. Open and honest about market conditions. It's all about MTU's.
https://www.coindesk.com/business/2022/05/09/coinbase-faces-q1-earnings-challenge-as-crypto-markets-weaken/
BUY TO HOLD!
COIN!
Last quarter is a beat. EPS and Rev. It's all about the mtu's though. This circumvents crypto volatility. MARKET SHARE!
https://www.cnbc.com/2022/02/24/coinbase-coin-earnings-q4-2021-.html
BUY TO HOLD!
COIN!
Still bullish!
https://seekingalpha.com/news/3834302-coinbase-crypto-crumble-does-that-make-the-exchange-platform-a-buy
BUY TO HOLD!
COIN!
You just caught my attention bro. So you're saying COIN gets delisted? How is a company pulling in billions of revenue only worth 55 cents? How do you quantify this?
BUY TO HOLD!
COIN!
$88 is only $87.45 over the fundamental value. This turd has waaaay more to fall. Nott wiff~OUTT some dead cats, butt this is eventually going to first low single digits then to pennystock status thereafter. May take a year or two to bust the buck, butt that s the destination.
COIN is the Pets.com of this market mania. One of the most ridiculously priced mania stocks of this cycle.
And they called my crazy!...$88
BUY TO HOLD!
COIN!
Your post is exactly correct on each point.
''investment banks prop the bid to fool retail''
That is one of the responsibilities of iBank underwriting. Support the price and help the folks who make the decisions about hiring iBankers to get ~OUTT.
No guessing involved. The entire ecosystem is designed to distribute to retail, not just IPO but post-IPO to aid the IPO buyside (mutual funds, pension funds, etc.) to then distribute the shares they bought in the IPO to retail suckers.
That basically IS The Game.
Yeah………
Now I’ll wait for $75-50 before taking a position……
Been doing this too long to fall for the IPO scam.
I guess people truly didn’t realize there are people that invested 3-5 years prior and waited for years to have this company go public just to get their money back.
It’s the reason they have a small pump right as it trades, or a month or 2 after just to create liquidity for the big sellers to exit.
I’m a firm believer that investment banks prop the bid to fool retail.
Welp, haveta wait til next week for this turd to bust $100.
This turd could bust $100 today. If nott today, next week.
Waaaaay overpriced. By two orders of magnitude.
Woof! WTH happened here?
Been waiting for something of a bottom to re-enter.....
When I posted that on 19 April 2022, the COIN PPS was 151.27. Today it closed at 113.21. DOWN 25.2 PERCENT in just 8 trading days.
Even Pets.com didn't fall that fast.
COIN market cap is still $30 Billion - just $29,965,000,000 too high. This fad, pumped turd is waaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaaay overvalued. Loooooooooooooooooooooong way yet to fall to catch up to its fundamental value - about 112.85 points lower than today's close.
problem with your pets.com comparison is that coinbase is massively popular, growing in assets held, very profitable, a leader in their industry and at the beginning stage of this new business (crypto exchanges). Pets.com had nothing to do with the .com boom. Their real business was old and tired and they overextended. No comparison
Not only is coinbase set to weather any kind of 2023 recession, it will likely gain strength and profitability.
The more volatile the market, the more fees coinbase generates.
Looking good
COIN is the Pets.com of the early '20s. Unlikely to even survive the Recession of 2023 and the poppage of this tech bubble #2.
And this turd still has a market cap of $38.6 Billion at this level - crazy. This turd has a loooong way yett to fall.
Looking forward, the Recession of 2023 is gonna gut this like a fish. COIN is the Pets.com of this tech/dotcom bubble. The kozmo.com.
Who remembers Worldgate.com?
360Networks?
Beenz.com?
Cyberian Outpost.com?
eXcite?
Gadzoox?
Palm?
Razorfish?
Webvan??
Yep, Coinbase will be on the list for this dotcom/tech bubble burst event. Bank onit.
There is - literally - no technical support level for this POS on any chart of any duration..
COIN PPS has the aerodynamics of a set of car keys that has fallen from the hands of a drunk trying to get into his car.
I really like the way Coinbase is developing and I think their race with Binance will be long and exciting. It's good that Coinbase has such a competitor, it's only good for them. Hopefully we will see token growth like we did with BNB.
Also recently saw the review of trading robot on CryptoDaily, very liked the functionality, but can not figure out how to connect it in the API of the exchange. I can't figure it out yet so I've sent support request. Maybe someone has already traded with bots on Coinbase, please let me know.
Weeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee!
https://schrts.co/uBIkzItE
Hey Ok Thanks Nice! Me Too
I sold a little a 200. I've been down this road before.
This is going to break support line soon at $150 looks like. It really was a bear market rally in hindsight & we were warned!
I'm just sitting back and enjoying the ride while we gain market share. That's all that matters here as a CEX. MARKET SHARE=MONEY!
https://share.newsbreak.com/rkv7kpzw
BUY TO HOLD!
COIN!
would be nice to see this up around 800
We need to see a COIN squeeze soon. It can’t always be AMC & GME all the time - those games are old .
I know the feeling
Man my portfolio would be looking so pretty right now if it wasn’t for COIN shittin the bed! I’m a believer though - holding for the squeeze
so will I have to Buy Instantcoin every time I want to trade NTF? =]
#xtz #bti #frc #doge #btc
Go NFTtt
BRK.A TWTR FORD TSLA MGM COIN BTC
$COIN to hit $1OOO+ pps =D weeee
KEY REVERSAL WEEK ALERT!!! Just bought 2 June 185 calls here!
Doubleline Capital CEO Jeffrey Gundlach tells CNBC’s Scott Wapner he prefers Bitcoin to gold in the near term as the cryptocurrency trades near the low end of its range.
Shorts getting schooled in $COIN & this is just the start !
More like destined to hit $100k. Fit BTC. and about $500 - 600 for us. Maybe 2023, but its coming
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