Topic: Coinbase Announces Support for Ethereum ERC20 Tokens - page 2. (Read 232 times)
Coinbase is mostly used by new and inexperienced investors, or at least that is the impression I get. Right now we don't have too many of them as they're all scared and there's little publicity, when things turn around and there are many new guys then the influence of this will be shown in the markets.
To be honest that doesn't mean anything in the long run. Just because the are getting many ERC20 tokens on bar doesn't mean that it will help the economy of crypto currency push further. It just means that we have got all new platform to exchange our tokens over there and nothing else. There are so many exchangers coming out month after month but does that mean crypto currencies are spiking in the long run? No, I dont think so. So it is the similar thing that is happening right now or will happen once the exchanger implementation is completed. Thats the straight thing about it and we should be very excited about positive effect of it on the crypto currency because there is none. Thoughts are welcome on this one. 
Yes it is true, but like you see good news does not help in the downtrend. We have had only positive news last month, with G20 and US congress, now france supporting blockchain tech also, and cboe sending ETF support letters to the SEC. It all had zero effect. I doubt this Coinbase announcement will help, but its nice to see they are catching up with other exchanges.
Hello Guys!! Is this true? Coinbase will add ERC-20 Token so its possible to add all ERC-20 Token on GDAX or just limited ERC-20 Token like 10-20 Tokens only?
Coinbase announced today it’s intention to add ERC20 support to several of its suite of products.
Historically, Coinbase announcements have caused huge retail influxes of retail investors, erratic price swings, and even allegations of market manipulation. That’s why it was a surprise today when Coinbase's latest announcement came not with a bang but a bearish whimper. Prices are down across the board today and there has been very little reaction to Coinbases momentous announcement. Whether or not the market chooses to react in the next 24 hours, one thing is for sure. Coinbase’s addition of ERC20 support will have wide-reaching effects around the cryptocurrency markets for years to come and cannot be overlooked.
Source: https://www.ccn.com/coinbase-announces-it-will-add-erc20-support/
Coinbase announced today it’s intention to add ERC20 support to several of its suite of products.
Historically, Coinbase announcements have caused huge retail influxes of retail investors, erratic price swings, and even allegations of market manipulation. That’s why it was a surprise today when Coinbase's latest announcement came not with a bang but a bearish whimper. Prices are down across the board today and there has been very little reaction to Coinbases momentous announcement. Whether or not the market chooses to react in the next 24 hours, one thing is for sure. Coinbase’s addition of ERC20 support will have wide-reaching effects around the cryptocurrency markets for years to come and cannot be overlooked.
Source: https://www.ccn.com/coinbase-announces-it-will-add-erc20-support/
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