Author

Topic: coinbase investment firms (Read 696 times)

sr. member
Activity: 420
Merit: 250
January 26, 2015, 08:29:03 PM
#7
Unless I am misreading this http://www.coindesk.com/top-12-biggest-bitcoin-investment-rounds-all-time/, the same vc firms are reinvesting?
Coinbase does have some new investors that are investing new money into it.

On a slightly related note, coinbase is also starting a new, US based exchange, and it just so happens that the price of bitcoin is rallying strongly around the same time such news was announced.

You mean the jump in the price has nothing to do with the coinbase announcement? I think it's pretty much correlated.
I was trying to imply that they are likely correlated, although it is hard to know for sure.

It appears that the price increased not only when the fact that coinbase announced they were opening up as an exchange but also when they "officially" started trading
sr. member
Activity: 406
Merit: 250
January 26, 2015, 09:28:05 AM
#6
Lots of new investors including BBVA, a bank
So material change of shareholder base

A Spanish bank is good for the adoption in Spain and southern Europe.
Q7
sr. member
Activity: 448
Merit: 250
January 26, 2015, 06:42:12 AM
#5
Unless I am misreading this http://www.coindesk.com/top-12-biggest-bitcoin-investment-rounds-all-time/, the same vc firms are reinvesting?
Coinbase does have some new investors that are investing new money into it.

On a slightly related note, coinbase is also starting a new, US based exchange, and it just so happens that the price of bitcoin is rallying strongly around the same time such news was announced.

You mean the jump in the price has nothing to do with the coinbase announcement? I think it's pretty much correlated.
hero member
Activity: 490
Merit: 500
January 26, 2015, 05:32:48 AM
#4
The round was backed by old and new investors, some of whom are new plauyers in btc such as banks
All in all, very promising
hero member
Activity: 490
Merit: 500
January 26, 2015, 02:39:40 AM
#3
Lots of new investors including BBVA, a bank
So material change of shareholder base
sr. member
Activity: 420
Merit: 250
January 26, 2015, 12:49:41 AM
#2
Unless I am misreading this http://www.coindesk.com/top-12-biggest-bitcoin-investment-rounds-all-time/, the same vc firms are reinvesting?
Coinbase does have some new investors that are investing new money into it.

On a slightly related note, coinbase is also starting a new, US based exchange, and it just so happens that the price of bitcoin is rallying strongly around the same time such news was announced.
hero member
Activity: 700
Merit: 500
January 21, 2015, 11:46:48 AM
#1
Unless I am misreading this http://www.coindesk.com/top-12-biggest-bitcoin-investment-rounds-all-time/, the same vc firms are reinvesting?
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