Started By
Message

re: Coinbase (COIN) IPO Discussion - Happening 4/14

Posted on 4/15/21 at 1:09 pm to
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 4/15/21 at 1:09 pm to
ETH is in its bull market ascending channel bouncing off bottom band. ~$3000-3500 ETH within a few weeks if history is any indication
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 4/15/21 at 1:16 pm to
yea if they can figure out gas it could be another defi summer
Posted by FLObserver
Jacksonville
Member since Nov 2005
14456 posts
Posted on 4/15/21 at 1:55 pm to
I Forgot Coin is a direct listing, not an ipo. There’s no employee lockup periods so Employees can be cashing in early .That would explain the spikes downward.
Posted by Chucktown_Badger
The banks of the Ashley River
Member since May 2013
31112 posts
Posted on 4/15/21 at 2:03 pm to
So they just interviewed the Voyager CEO, and he had a pretty compelling story to tell on Voyager. It sounds like there's a ton of overlap in terms of what they and COIN do, yet the Voyager market cap is only $53,000,000, while COIN is around $70 billion.

How is Voyager not the player here?
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 4/15/21 at 2:08 pm to
I'll have to listen but I'd say it's safe to say voyager has more potential from this point than coinbase

Brian armstrong is not a very bright person. he kinda stumbled on this idea and it was a a right place at the right time, type of thing. his original idea behind coinbase is nothing what it is today

the company hasn't even scaled to service the market as it constantly goes down during high volume periods, just seems inexcusable at this point
This post was edited on 4/15/21 at 2:10 pm
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 4/15/21 at 3:18 pm to
so COIN is down 14% from opening

bitcoin: up 3%
Ethereum: up 7%
crypto market: even
Posted by LSUStjames
Member since Dec 2005
3473 posts
Posted on 4/15/21 at 6:10 pm to
quote:

I Forgot Coin is a direct listing, not an ipo. There’s no employee lockup periods so Employees can be cashing in early .That would explain the spikes downward.


That spike was from all the institutional investors who were allowed to pre buy at $250 then dumped bags on all the retail investors who got in during the first 30 minutes. There was an image I was looking at yesterday on Reddit that showed over 70% of the sale volume was coming from Institutions and Hedge Funds.
This post was edited on 4/15/21 at 6:11 pm
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 4/15/21 at 9:35 pm to
quote:

So they just interviewed the Voyager CEO, and he had a pretty compelling story to tell on Voyager. It sounds like there's a ton of overlap in terms of what they and COIN do, yet the Voyager market cap is only $53,000,000, while COIN is around $70 billion

Voyager market cap is 3 billion not 53 million
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 4/15/21 at 9:36 pm to
quote:

yea if they can figure out gas it could be another defi summer


1559 might be ready by then.
Posted by jimbeam
University of LSU
Member since Oct 2011
75703 posts
Posted on 4/15/21 at 9:39 pm to
YEET
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 4/15/21 at 9:47 pm to
quote:

Voyager market cap is 3 billion not 53 million


ah that makes more sense

hmm
Posted by ronricks
Member since Mar 2021
6556 posts
Posted on 4/16/21 at 7:14 am to
quote:

I'll have to listen but I'd say it's safe to say voyager has more potential


It has been 10 days since I applied for a voyager account and it still hasn't been approved....how are they this incompetent?
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 4/16/21 at 7:34 am to
didn't people warn you that would happen?

apparently voyager was not prepared for the demand. not sure what that means for the future of the company. coinbase hasn't figured out demand in over a decade but maybe voyager will get it right. I'm hoping they do but I'm not putting money into it yet
This post was edited on 4/16/21 at 7:35 am
Posted by JayDeerTay84
Texas
Member since May 2013
9847 posts
Posted on 4/16/21 at 7:41 am to
I've had voyager since July of 2020. It worked perfectly up until late March.

I made a fiat withdrawal and it took 3 weeks... Unacceptable. The CEO says they are working on upgrades etc.

I sure as hell hope so because that is wayyyy too slow. I have been using Crypto.com in the meantime because I hate CoinBase...

Voyagers interface is super nice and good yields. Hope they figure it out.
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 4/16/21 at 8:48 am to
quote:

so COIN is down 14% from opening

bitcoin: up 3%
Ethereum: up 7%
crypto market: even


Little early to compare, don't you think? Let's revisit next week
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 4/16/21 at 8:49 am to
lol that was the point of the my post to show how ignorant your initial correlation claim was, idiot
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 4/16/21 at 8:52 am to


You obviously didn't pick up on the joke
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 4/16/21 at 8:53 am to
oh my bad
Posted by JimMorrison
The Peninsula
Member since May 2012
20747 posts
Posted on 4/16/21 at 8:57 am to
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 4/17/21 at 11:59 am to


This post was edited on 4/17/21 at 12:09 pm
Jump to page
Page First 6 7 8 9 10
Jump to page
first pageprev pagePage 8 of 10Next pagelast page

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram