anybody still hold their shares?
Topic: Coinbase - Become an Investor - Good Investment? (Read 9543 times)
nice investment!
anybody still hold their shares?
anybody still hold their shares?
How many shares? How did you come by them? I will pm you now
I have some shares in coinbase.com available for sale. PM me if interested.
Which particular points are you referring to?
I think it's a bad investment. Some good points in the reddit thread
http://www.reddit.com/r/Bitcoin/comments/z19z8/coinbase_a_paypal_for_bitcoin_is_looking_for_250k/
http://www.reddit.com/r/Bitcoin/comments/z19z8/coinbase_a_paypal_for_bitcoin_is_looking_for_250k/
In a way, buying bitcoins is an investment in all bitcoin related companies. You'll stand to benefit if any one or several of them are successful.
So why are you involved with bit-pay? You could have just bought up a bunch of BTC instead. Are you doing charity work for the rest of us?
A company that has a significant amount of money invested in Bitcoin directly is crazy. Bitcoin can lose half of its value in an hour. That's not something you can build a business on...
Coinbase. Yes it's a wallet service. Seems pretty simple though and has silcon valley backers. I'm sure security is one of their top prioroties
Bitcoin currently is a bit confusing to those normal internet users who aren't savy with the latest tech news. I think something like coinbase will help in alleviating that confusion. Its modeled after paypal but doesn't charge any transaction fees. Should catch on well.
"Its modeled after paypal but doesn't charge any transaction fees."
Um, are you describing Coinbase or Bitcoin because all coinbase offers at the moment is another ewallet service. And we don't know how secure it is either.
Bitcoin currently is a bit confusing to those normal internet users who aren't savy with the latest tech news. I think something like coinbase will help in alleviating that confusion. Its modeled after paypal but doesn't charge any transaction fees. Should catch on well.
Why don't they accept bitcoin donations?
In a way, buying bitcoins is an investment in all bitcoin related companies. You'll stand to benefit if any one or several of them are successful.
So why are you involved with bit-pay? You could have just bought up a bunch of BTC instead. Are you doing charity work for the rest of us?
A company that has a significant amount of money invested in Bitcoin directly is crazy. Bitcoin can lose half of its value in an hour. That's not something you can build a business on...
tell me again why we want to have more hosted wallet sites? it just seems like an incredible target for hacking.
actually, have any exchanges escaped hacking yet?
actually, have any exchanges escaped hacking yet?
In a way, buying bitcoins is an investment in all bitcoin related companies. You'll stand to benefit if any one or several of them are successful.
So why are you involved with bit-pay? You could have just bought up a bunch of BTC instead. Are you doing charity work for the rest of us?
Can someone explain this: https://thefundersclub.com/download/legal/39/ ?
Quote
- Convertible note converting to Preferred Stock upon first Qualified Equity Financing at the price per share of the financing round with a maximum pre-money valuation of $10M
- If more favorable terms are offered to subsequent note holders, the fund may elect to receive those terms
-Converts at a $5M pre-money valuation to Series AA Preferred Stock if no Qualified Equity Financing occurs within 2 years of note, w/weighted average anti-dilution and 1x liquidation preference
-Converts at lesser of $5M or fair market value to Preferred Stock if Change of Control or IPO occurs within 2 years of note without a Qualified Equity Financing, or the note may be paid off at fund’s option
- If more favorable terms are offered to subsequent note holders, the fund may elect to receive those terms
-Converts at a $5M pre-money valuation to Series AA Preferred Stock if no Qualified Equity Financing occurs within 2 years of note, w/weighted average anti-dilution and 1x liquidation preference
-Converts at lesser of $5M or fair market value to Preferred Stock if Change of Control or IPO occurs within 2 years of note without a Qualified Equity Financing, or the note may be paid off at fund’s option
After reading the documents about coinbase on thefundersclub it appears that their valuation for this funding is $5 million. So they are giving away 5% equity for $250k. Not positive on this. Not a securities lawyer 
Yes you can, investing in bitcoin means putting trust in it which in exchange raises trust levels in other individuals, who build an ecosystem around it.
And somebody still have to build their niches.
...
Because you need an ecosystem for bitcoin to be successful. You can't just buy bitcoin and expect the ecosystem to grow.
Because you need an ecosystem for bitcoin to be successful. You can't just buy bitcoin and expect the ecosystem to grow.
Yes you can, investing in bitcoin means putting trust in it which in exchange raises trust levels in other individuals, who build an ecosystem around it.
https://bitcointalksearch.org/topic/m.1130677
When you save money, you produce but do not consume. That's great. You deposit but do not withdraw, loaning everyone else use of the benefits of your labor. Deferred consumption should be rewarded as it's a form of investment.
In a way, buying bitcoins is an investment in all bitcoin related companies. You'll stand to benefit if any one or several of them are successful.
So why are you involved with bit-pay? You could have just bought up a bunch of BTC instead. Are you doing charity work for the rest of us?
Because you need an ecosystem for bitcoin to be successful. You can't just buy bitcoin and expect the ecosystem to grow.
In a way, buying bitcoins is an investment in all bitcoin related companies. You'll stand to benefit if any one or several of them are successful.
So why are you involved with bit-pay? You could have just bought up a bunch of BTC instead. Are you doing charity work for the rest of us?
In a way, buying bitcoins is an investment in all bitcoin related companies. You'll stand to benefit if any one or several of them are successful.
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