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Topic: CCCB: Coinbase is close to Bankruptcy (Read 3345 times)

full member
Activity: 285
Merit: 100
June 06, 2016, 01:04:59 PM
#56
Looks like this is it. Coinbase doesn't want to execute my sell order.
sr. member
Activity: 406
Merit: 250
I'd find that unlikely. To say that they're heading to bankruptcy because of integrating another cryptocurrency is absurd. Given that Coinbase is also an exchange you shouldn't make such an assertion just because they'll have another currency in their platform. After all, their services are established in the bitcoin community and there's o evidence suggesting that Coinbase isn't doing well.

It's most probably fud, but what I don't understand is why someone would start a hate campaign against a large exchange/wallet like coinbase?
legendary
Activity: 2912
Merit: 1060
Hey shitcoin charlee, screw off
legendary
Activity: 1512
Merit: 1057
SpacePirate.io
Please stop spreading lies. Coinbase is very healthy and we have a long runway.

Charlie Lee
Director of Engineering @ Coinbase

Hey Charlie... all fud aside. I was suprised to see Coinbase adopt Ethereum so heavily before litecoin. Surely there's a little love for litecoin at coinbase right?  Cool

All good things though, thanks for your work at Coinbase!
legendary
Activity: 2912
Merit: 1060
Let's make a dao that hodls bitcoin!!! You get bitcoin without touching filthy bitcoin!!!
full member
Activity: 238
Merit: 100
Coinbase is pulling a Homero. Bitcoin not viable!

Avoid coinbase at all costs!!

I have a virtual version of my snake oil.  We could rub it on  bitcoin to revive it, it may clear up your bitcoin trollism too.  Without bitcoin viable I don't know how you will pay me.  We could use ETH, but my wei and gas are full of bullshit.  My geth keeps crashing and I throw up when I try to read about it to fix it.  The one thing the oil it doesn't cure, ETH nausea.  There is a cermony involved.  I will need you Mom, your sister, a leg of lamb, a donkey, gatorade, a brown bag,  12 ounces of lube, a lighter and one ounce of your troll essence.  You can just pay me in cash.   Hide it somewhere fun in your sister. 
legendary
Activity: 2422
Merit: 1451
Leading Crypto Sports Betting & Casino Platform
I'd find that unlikely. To say that they're heading to bankruptcy because of integrating another cryptocurrency is absurd. Given that Coinbase is also an exchange you shouldn't make such an assertion just because they'll have another currency in their platform. After all, their services are established in the bitcoin community and there's o evidence suggesting that Coinbase isn't doing well.
legendary
Activity: 2912
Merit: 1060
Coinbase is pulling a Homero. Bitcoin not viable!

Avoid coinbase at all costs!!
full member
Activity: 238
Merit: 100
You believe what and why ?  Did you guys come from r/bitcoin?  You gonna start posting twitter feed links next?  They probably got paid by Bill Gates to add the shit coin. Thats not a fact, since I guess I have to make that clear for this low IQ thread.  Its on a separate exchange. They have more fees coming in, they must be bankrupt.(that's sarcasm troll sheep)  The poster has been reading "things".  What things? Anyone ?  A link ? A clue?  Even assumptions have some sort or explanation.   You believe so to guy?  Because they did something you didn't like?  You guys are being so stupid I'm standing up for a big company?  Whaaaaaaaaaaaaaaaat?HuhHuhHuh
Hey, you guys want to buy some snake oil?  Join my new religion? All you have to do is give me all your money, stand on your head and rub the snake oil all over yourself.  You will live forever if you keep buying my oil.  You will get older, but keep up with the oil and you will die then come back to life a sexy 21.  Its true I've been reading things and already proved it. 
legendary
Activity: 2912
Merit: 1060
I believe so too. Pumping shitcoin means they're in deep trouble.
full member
Activity: 238
Merit: 100
Also... Why are you promoting cryptocurrencycentralbank  ?  Any empty page on a free site?  Your suspect...
full member
Activity: 238
Merit: 100
I don't necessarily agree with everything that Coinbase does, but I'm not going to just say they are going bankrupt and start smearing them without ANY evidence provided.  I don't see one link, document or shred of prof for these claims.  Perhaps you want the BTC price to go down?  Smear bitcoin and bring GOX up again.  Temp drop so you can buy some coin?  I really hate negative crypto news used for self gain.  If you are correct, you haven't provided any proof to make as legitimate claim.  Coinbase is home to many businesses and miners who operate within regulations who would not have another way to do fiat.  They are willing to pay the fees and deal with some of the BS that comes with size.  If you don't like em, don't use em.  Crypto evolution will provide increasingly more options. It seems more like a self gain rumor or personal vendetta.  Prove it or open a "Why I don't like Coinbase thread..." to legitimately further your hater campaign.   I left coinbase for my own issues, but I might go back if I made large taxable crypto business.  Your post is useless drama without any proof.  Are located in the US?  If you are you could held "Liebel" and be forced to pay damages. If your claim is false, in print and one person sees it.   You should be careful before making outrageous claims that could cause financial damage. 
copper member
Activity: 2926
Merit: 2348
Don't post any kind of actual evidence of information or anything like that. I strongly prefer to be able to believe random accusations by people I have never heard of with absolutely zero reputation, over evaluating actual facts.

--snip--

we have already PROVED they have no insurance

--snip--

I must have missed where you proved this. Why don't you link me to this post?
legendary
Activity: 1344
Merit: 1000
Don't post any kind of actual evidence of information or anything like that. I strongly prefer to be able to believe random accusations by people I have never heard of with absolutely zero reputation, over evaluating actual facts.

funny how it's hard to get real evidence on a Ponzi company

we have already PROVED they have no insurance

that's are fairly big lie to have uncovered

keep ur head in the sand

oh it's called Coinbase it must be legit

copper member
Activity: 2926
Merit: 2348
Don't post any kind of actual evidence of information or anything like that. I strongly prefer to be able to believe random accusations by people I have never heard of with absolutely zero reputation, over evaluating actual facts.
legendary
Activity: 1522
Merit: 1000
www.bitkong.com
So Bitcoinpro = Bitcointroll ?
full member
Activity: 202
Merit: 157
I get the feeling that this thread is pure FUD. 

But what if it wasn't?  What if CoinBase disappeared next month?

Bitcoin would go on.  It might take another reputation hit and a price hit.  Maybe VC funding dries up and bitcoin stays low for months or years out of the mainstream, forgotten by the media.

I think that might be a great thing.  It is much better for bitcoin to spread organically, person to person, peer to peer.   With people learning and holding their own keys rather than blindly trusting yet another bank that acts like big brother: papers please, oops sorry your funds are frozen.

Meanwhile, scaling solutions start to come online and mature.

I wouldn't miss coinbase at all.
X7
legendary
Activity: 1162
Merit: 1009
Let he who is without sin cast the first stone
"Some reports" why not share those so we may better understand how you drew your assumptions.
legendary
Activity: 1148
Merit: 1048
This is the second thread I have read this morning saying Coinbase is in trouble without posting anything to suggest this, if there were some tangible evidence you should post it with the opening statement otherwise this thread is just speculation.

Their rebranding could be just to keep up with the developing crypto world and not be left behind, either way without seeing anything to suggest otherwise I think Coinbase is good for now.

Same mentality. Hearing a lot of flack on these guys, without any substantial proof. They have been very transparent in the past, I think it would be poor logistics to change this so close to the rebrand. Also, they have insurance, to the best of my knowledge. Makes little sense not to discloses a breach.
copper member
Activity: 1442
Merit: 529
I don't really care if its close to bankruptcy or not, this news should be taken with caution, as there is a saying, strong evidence is needed when you are making such a strong accusation. If I were a user of coinbase, no matter if its only a rumor I would remove all of my bits from there and read daily news what will happen during the next 2-3 weeks. If everything is just a bubble and they will be running again like normal, I would restart with them, although personally I strongly advise against any wallet in which you are not in charge of your private keys (against bitcoin philosophy).
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