Author

Topic: Coinbase prepping for buyout? (Read 727 times)

sr. member
Activity: 280
Merit: 250
Relax!
January 26, 2015, 10:15:29 AM
#3
Huh... could be, man... Would definitely be a good thing for Bitcoin's general acceptance. PayPal would mean that they could increase their number of customers by several orders of magnitude. Of course people hating PayPay wouldn't want to do business with them then...
legendary
Activity: 2576
Merit: 1087
January 26, 2015, 10:08:11 AM
#2
good arrows
legendary
Activity: 3556
Merit: 5041
January 26, 2015, 10:05:05 AM
#1
Coinbase is crushing it right now.  With the recent VC/NYSE investment news, and now the US-approved exchange news, it seems to me that Coinbase will eventually grow to be a buyout target.  I'm not suggesting this will happen within the year, maybe may take a few.  Or ten.  Or possibly never.  Who knows.

My bet is on an eventual PayPal acquisition.  This integration would make sense.  I mean hell, even their website looks nearly identical to PayPal's now.  I'm sure that's by design.

Discuss.


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