Topic: [2017-08-02] A Head Of Coinbase Explained Refusal To Support Bitcoin Cash (Read 3716 times)
August 02, 2017, 11:50:34 PM
Brian Armstrong is trying to fool his users, but it is not going to work. People are planning to take him to the court. Now get ready to give all these silly excuses to the judges. My warning to the Coinbase users is to withdraw all of their coins as quickly as possible. If the lawsuit goes on for some time, then there is a chance that Coinbase may close down.
August 02, 2017, 10:44:45 PM
This is all about business meaning that if there is a demand for it then they will act according to that interest. Now, I am wondering if Coinbase will distribute BCH that they received in behalf of their customers. Bitstamp has already hinted that they might distribute customers' BCH in the coming days. I think Coinbase should follow the same decision otherwise this is really akin to daylight robbery and their customers must be demanding of the same.
August 02, 2017, 06:30:30 PM
It's not like I use Coinbase but totally support their decision. Every major exchange should ditch BCC as I don't see why it exist and why the fuck should anyone support it as it's just worse version of BTC
It's not that people are supporting BCC -- they just want to bank on this one time opportunity by having the ability to dump their BCC coins. As soon as people are done dumping, they will never look back at that altcoin anymore. I even doubt that the main entities behind this coin will support this coin for longer than a few months. Imagine how many people are desperately looking to dump their free fish. It's next to impossible for this shitcoin to remain a value of above the 0.10 BTC level.
August 02, 2017, 12:58:34 PM
It's not like I use Coinbase but totally support their decision. Every major exchange should ditch BCC as I don't see why it exist and why the fuck should anyone support it as it's just worse version of BTC
August 02, 2017, 11:34:29 AM
Obviously, they will support bitcoin cash but not in the near future as they have stated it :
- we also don't want to rush anything out.
- Our plan is to continuing adding new assets to the platform over time. Any that our customers want to trade, and that are legally compliant.
Because current situation of bitcoin cash still unclear if we look at most exchanges not supporting deposit and withdraw right now and said bcc wallet under maintenance. As soon as exchanges allow bcash deposit and withdraw, it may fall down so hard.
- we also don't want to rush anything out.
- Our plan is to continuing adding new assets to the platform over time. Any that our customers want to trade, and that are legally compliant.
Because current situation of bitcoin cash still unclear if we look at most exchanges not supporting deposit and withdraw right now and said bcc wallet under maintenance. As soon as exchanges allow bcash deposit and withdraw, it may fall down so hard.
August 02, 2017, 10:55:45 AM
They will support BCC if a large amount of the users ask for it, because they will follow the fees. If their competition start to
support BCC and they do not, then users will migrate to the platform where they can trade the asset/Alt coin that they
support. The principles goes out the door, when they take financial losses.
They will not support it now, because large amounts of users are not demanding it. Mark my words today.
support BCC and they do not, then users will migrate to the platform where they can trade the asset/Alt coin that they
support. The principles goes out the door, when they take financial losses.
They will not support it now, because large amounts of users are not demanding it. Mark my words today.
August 02, 2017, 10:23:39 AM
CEO Coinbase Brian Armstrong said his company did not oppose to the addition of new assets to the platform. At the same time each such decision must carefully informed and considered several factors, including security issues.
This Brian Armstrong wrote on Tuesday night in Twitter...
Read more https://bit.news/eng/head-coinbase-explained-refusal-support-bitcoin-cash/
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