Topic: Getting listed on Coinbase? (Read 290 times)
But if the CEO (brian armstrong) invested, and he has the ability to list coins on Coinbase, wouldn't he do so in order to ensure his investment recoups the original value? I mean it seems to be a pretty smart thing to do
Just because a project is invested in Coinbase, doesn't mean that it's going to be listed there.
As you can see Coinbase is a regulated company and they only deal with the absolute highest quality assets.
The company is also a billion dollar corporation, so I highly doubt it would be possible to buy your way in with a small investment.
He probably just wanted the publicity that comes with the investment.
As you can see Coinbase is a regulated company and they only deal with the absolute highest quality assets.
The company is also a billion dollar corporation, so I highly doubt it would be possible to buy your way in with a small investment.
He probably just wanted the publicity that comes with the investment.
Anyone else been keeping tabs on Creditcoin? There seems to be alot of talk about it recently across a bunch of different platforms including bitcointalk, reddit adn 4chan. I know they were invested in by Coinbase & Y combinator, so I guess now that the news is public theres alot of hype around it?
Can you please share a link regarding this coin that you talk about and more specificaly about Coinbase investment in it?
Anyone else been keeping tabs on Creditcoin? There seems to be alot of talk about it recently across a bunch of different platforms including bitcointalk, reddit adn 4chan. I know they were invested in by Coinbase & Y combinator, so I guess now that the news is public theres alot of hype around it?
Honestly, Creditcoin is one of the best coins I've seen this year. I was an ethereum ICO investor and no other project has gotten me as excited as Creditcoin has. The coinbase + y combinator investment basically seal the deal.
Isn't OKEX a pretty decent exchange with good volume?
Yes. It's a big one and a long established one. They have an absolute sea of stuff listed so it's still going to have to work to be noticed - https://coinmarketcap.com/exchanges/okex/
It certainly won't hurt its prospects all the same.
Well OKEX just announced they will be listing it, team is saying its the first of many big exchanges. Isn't OKEX a pretty decent exchange with good volume? I think you are right about the investors seeing how it performs on another exchange before listing it on beter ones
hmm team is saying there will be a major exchange listing by the end of the month.
what is the chance it will be coinbase considering the circumstances?
As this website's information.what is the chance it will be coinbase considering the circumstances?
https://angel.co/company/aella-credit/funding?inFrame=1
It says that Brian Armstrong is an angel investor with other investosr and the other articles that I have gathered for this project says that he's the co-founder. But this doesn't really mean that they will list it to Coinbase.
There is a chance that they will list as per protocols and requirements pass made by the whole Coinbase management and the standard link was given above my post.
Where have you been following the updates for this project? because I can't find a website to follow the entire development.
hmm team is saying there will be a major exchange listing by the end of the month.
what is the chance it will be coinbase considering the circumstances?
what is the chance it will be coinbase considering the circumstances?
Coinbase have become shameless hookers just like everyone else. If it fits their listing framework - https://listing.coinbase.com/policy then it's conceivable but they may likely wait to see how it performs elsewhere for some time before considering it.
hmm team is saying there will be a major exchange listing by the end of the month.
what is the chance it will be coinbase considering the circumstances?
what is the chance it will be coinbase considering the circumstances?
in all fairness, this was when coinbase listed only 3 coins---BTC, ETH, and LTC. getting listed on coinbase was the holy grail for altcoiners. maybe there were some shenanigans at play but it was a ridiculously thin market in the middle of a bubble.
They had the opportunity to look all professional and polished as they moved on to another phase. Instead they played it worse than Gox on mushrooms. It's ancient history now of course but it really made them look like absolute penises at the time.
i guess my expectations were low after the ridiculous ETH flash crash on gdax a few months earlier, all the outages during the bubble, and brian armstrong's posturing about bitcoin hard forks.
coinbase certainly ain't the CME or someone reputable like that.
If I remember rightly there was about one hour of notice and then it started trading.
that was probably their biggest mistake. they should have given more time for the order book to build up, especially given the bubble conditions at the time.
Okay I kinda understand, but like also he bought the coin in public and there are even press releases showing his investment into creditcoin/aella, in that case doesn't that mean that he is kind of encouraging the public to also buy it?
It looks like it's a fintech project primarily. This is exactly in line with his stated desire of making the world more financially inclusive. There is a crypto attached but the investment went into the core company.
It's still an endorsement of sorts but if he'd bought coins directly that would be a different deal.
in all fairness, this was when coinbase listed only 3 coins---BTC, ETH, and LTC. getting listed on coinbase was the holy grail for altcoiners. maybe there were some shenanigans at play but it was a ridiculously thin market in the middle of a bubble.
They had the opportunity to look all professional and polished as they moved on to another phase. Instead they played it worse than Gox on mushrooms. It's ancient history now of course but it really made them look like absolute penises at the time.
If I remember rightly there was about one hour of notice and then it started trading. And trading was suspended less than five minutes later. Maybe a week or two of notice would've driven the price mad but the opposite did the same too and screwed some customers big time.
So he would wait and see and if it doesn't seem like it is generating a return, he knows that listing it on Coinbase is the easiest way to guarentee a return, so what is stopping him from just listing it?
He has a board and investors to answer to. If he spent his entire life buying shitcoins in secret and then 'surprising' the market with his listing he would be ousted as an out and out hypester and someone with a steadier and less corrupt hand would be brought in. Customers would rapidly tire of it as well.
Okay I kinda understand, but like also he bought the coin in public and there are even press releases showing his investment into creditcoin/aella, in that case doesn't that mean that he is kind of encouraging the public to also buy it?
in all fairness, this was when coinbase listed only 3 coins---BTC, ETH, and LTC. getting listed on coinbase was the holy grail for altcoiners. maybe there were some shenanigans at play but it was a ridiculously thin market in the middle of a bubble.
They had the opportunity to look all professional and polished as they moved on to another phase. Instead they played it worse than Gox on mushrooms. It's ancient history now of course but it really made them look like absolute penises at the time.
If I remember rightly there was about one hour of notice and then it started trading. And trading was suspended less than five minutes later. Maybe a week or two of notice would've driven the price mad but the opposite did the same too and screwed some customers big time.
So he would wait and see and if it doesn't seem like it is generating a return, he knows that listing it on Coinbase is the easiest way to guarentee a return, so what is stopping him from just listing it?
He has a board and investors to answer to. If he spent his entire life buying shitcoins in secret and then 'surprising' the market with his listing he would be ousted as an out and out hypester and someone with a steadier and less corrupt hand would be brought in. Customers would rapidly tire of it as well.
This is exactly my question though
If Brian Armstrong invests into a coin, obviously he would expect some sort of return right?
So he would wait and see and if it doesn't seem like it is generating a return, he knows that listing it on Coinbase is the easiest way to guarentee a return, so what is stopping him from just listing it?
If Brian Armstrong invests into a coin, obviously he would expect some sort of return right?
So he would wait and see and if it doesn't seem like it is generating a return, he knows that listing it on Coinbase is the easiest way to guarentee a return, so what is stopping him from just listing it?
As far as I know there still aren't explicit insider trading laws about crypto exchanges. I presume there might be some sort of commodities law that may be able to be applied but I've never seen a case of it. Roger Ver publicly admitted to doing and said it was sometimes a good thing.
That's separate from securities laws which have been put into action multiple times in this area.
Coinbase's BCH launch was a total joke. It arrived out of nowhere and the price went ballistic. They conducted an 'internal investigation' and concluded they did nothing wrong. Funny that.
That's separate from securities laws which have been put into action multiple times in this area.
Coinbase's BCH launch was a total joke. It arrived out of nowhere and the price went ballistic. They conducted an 'internal investigation' and concluded they did nothing wrong. Funny that.
in all fairness, this was when coinbase listed only 3 coins---BTC, ETH, and LTC. getting listed on coinbase was the holy grail for altcoiners. maybe there were some shenanigans at play but it was a ridiculously thin market in the middle of a bubble.
and it's true, there is no such thing as insider trading when it comes to cryptocurrencies. those laws may apply to security tokens and things like that, but not POW coins.
So is it a bad strategy to invest in coins invested in by big names and big funds?
The reason i invested in this project is due to the investment by brian armstrong, y combinator, 500 startups etc, doesn't this mean it has a higher chance of increaseing in price and less chance for failurte?
The reason i invested in this project is due to the investment by brian armstrong, y combinator, 500 startups etc, doesn't this mean it has a higher chance of increaseing in price and less chance for failurte?
The only people who decide the value are the buyers and sellers, not the backers. There are examples like Maxcoin, which was endorsed by Max Keiser, that died instantly.
Big name involvement looks good on paper and possibly increases initial visibility but it won't get you very far out of the gate.
So is it a bad strategy to invest in coins invested in by big names and big funds?
The reason i invested in this project is due to the investment by brian armstrong, y combinator, 500 startups etc, doesn't this mean it has a higher chance of increaseing in price and less chance for failurte?
The reason i invested in this project is due to the investment by brian armstrong, y combinator, 500 startups etc, doesn't this mean it has a higher chance of increaseing in price and less chance for failurte?
Okay so its public knowledge that he is backing the project, but I mean like if he lists it on Coinbase he's basically using his company to get a return on his investment right?
Not necessarily. An "Advisor" might not list it there or may list it there. What you can assume is that Coinbase is a partner in this project and might develop something new using that token. Quote
Like im sure when he decided to announce it he had some plan to exit and get his money back, whether that involves listing it on the exchange that he owns.
Advisors have a lock in period. They will sell their stakes right when it ends and cash out. You will never even know when it happens. But again you can assume it is averaged at 2-3years after launch. Which means the more it gets delayed in being listed the worse price it will get once it get listed because one big whales just sold off. And this sale occurs both privately and publicly affecting the market.Quote
That is illegal right?
How far is legality and cryptocurrency going together? All these 11years of crypto and ICO scams are under-the-table deals occurring, have you seen any big name being jailed for such acts? Its completely legal here. You are playing with your money here and they are ready to take it.Quote
Wouldn't it be the same as if I made an investment into a coin while having inside information that it will be listed on binance for example
Again you can safely presume that he is an advisor here. Not just an investor. The big names are put in for their influence and in order to fool people into investing into these projects. Does it help the financing? Yes, apparently, these investors (Okay so its public knowledge that he is backing the project, but I mean like if he lists it on Coinbase he's basically using his company to get a return on his investment right? Like im sure when he decided to announce it he had some plan to exit and get his money back, whether that involves listing it on the exchange that he owns. That is illegal right? Wouldn't it be the same as if I made an investment into a coin while having inside information that it will be listed on binance for example
As far as I know there still aren't explicit insider trading laws about crypto exchanges. I presume there might be some sort of commodities law that may be able to be applied but I've never seen a case of it. Roger Ver publicly admitted to doing and said it was sometimes a good thing.
That's separate from securities laws which have been put into action multiple times in this area.
Coinbase's BCH launch was a total joke. It arrived out of nowhere and the price went ballistic. They conducted an 'internal investigation' and concluded they did nothing wrong. Funny that.
The main thing that would stop him from doing it would be threatening his own cred and pissing off his multiple investors. That might be enough to stop any silliness.
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