Coinbase Global Inc (COIN)

[Strategyone]

My guess is the crypto will bounce and go up over the next few weeks. The conference will help solidify the recent floor.

The reason for the dip today is unjustified fear sparked by the Presidents comments regarding ransomware. All people see is ransomware is paid by crypto's therefore, governments will want to ban crypto's. Which is not true. They simply want more visibility at the exchange level. Problem solved, we can move forward. I have no problem enforcing KYC information at all exchanges. The same thing happened with world banking, the same thing can happen with crypto exchanges if we really want full adoption.

It takes time and growing pains along with these dips along the way.