Author

Topic: The Coinbase pump is over (Read 2006 times)

sr. member
Activity: 303
Merit: 250
February 07, 2015, 04:03:46 AM
#16
Coinbase--->Gemini----->ETF

upuPUP

And I hope there is no 'down down down' after the pump happens.
hero member
Activity: 714
Merit: 500
Me, myself and I
February 05, 2015, 07:51:44 PM
#15
Very smart trader,One week on range $210-$260
sr. member
Activity: 350
Merit: 250
Honest 80s business!
February 05, 2015, 05:06:23 PM
#14
Well I still believe that the rise up to $250 or at least $235 was a legit one and not staged by people trying to profit off of Coinbase, or even inside traders. But I do think that the day before the launch, things got out of control and we totally blew that real and sustainable increase!
legendary
Activity: 2170
Merit: 1427
February 05, 2015, 08:42:43 AM
#13
Smart investors know that the pump to $300 was nothing more than hot air.

Any one who sold there have been doing great.
full member
Activity: 293
Merit: 100
February 04, 2015, 11:59:03 PM
#12
Lets just hope that all this is not followed by a dump now.
legendary
Activity: 4018
Merit: 1250
Owner at AltQuick.com
February 04, 2015, 11:05:30 PM
#11
Seriously fuck Coinbase.

They aren't going to walk away without dropping a chunk of change on that EPIC fuck up... I wonder if they thought they could get away with it? Obviously I guess...  Roll Eyes
hero member
Activity: 588
Merit: 500
February 04, 2015, 11:02:00 PM
#10
Coinbase--->Gemini----->ETF

upuPUP
legendary
Activity: 924
Merit: 1000
February 04, 2015, 11:00:20 PM
#9
This is only the beginning. NY bitlicense proposals just came out and once finalized coinbase will become a regulated exchange in NY. We should then see it pump again and stabilize until the next news which is the gemini exchange. As long as it stabilizes at the next pump we should be ok. Of course we can not drop anymore either since this news is about a month or two away.
legendary
Activity: 1358
Merit: 1014
February 04, 2015, 09:25:22 PM
#8
Damn, this sucks but a lot of people profited from this pump.

Then again, many lost.
Of course. Bitcoin is zero sum. For every winner, there must be a loser.

Everything is a zero sum. Also greece is bailing out, i dont know if it will have an impact in the price, it might.
sr. member
Activity: 303
Merit: 250
February 04, 2015, 08:30:40 PM
#7
Damn, this sucks but a lot of people profited from this pump.

Then again, many lost.
Of course. Bitcoin is zero sum. For every winner, there must be a loser.

Unless the exchange rate is constant!

Doesn't change the fact that it is a zero sum game.
legendary
Activity: 1246
Merit: 1000
103 days, 21 hours and 10 minutes.
February 04, 2015, 02:31:01 PM
#6
I thought the pump really started at 190?

sr. member
Activity: 384
Merit: 250
February 04, 2015, 02:05:24 PM
#5
Damn, this sucks but a lot of people profited from this pump.

Then again, many lost.
Of course. Bitcoin is zero sum. For every winner, there must be a loser.

Unless the exchange rate is constant!
full member
Activity: 462
Merit: 107
★Bitvest.io★ Play Plinko or Invest!
February 04, 2015, 02:01:42 PM
#4
Obvious pump&dump was obvious:

I'm gonna spell it out for you guys:




Coinbase news was a pump&dump, exactly like the LTC on Huobi pump and all the other countless attempts to dump higher!
Insiders buy before anyone knows anything, all the other people buy at the announcement and at the countdown. Smart traders dump as soon as the site is online!


It's not difficult to understand! It's always the same thing.

Good thing coinbase is bringing regulation to BTC right? LOOOOOOOOL

legendary
Activity: 1204
Merit: 1002
February 04, 2015, 02:01:37 PM
#3
Damn, this sucks but a lot of people profited from this pump.

Then again, many lost.
Of course. Bitcoin is zero sum. For every winner, there must be a loser.
sr. member
Activity: 384
Merit: 250
February 04, 2015, 01:56:44 PM
#2
Damn, this sucks but a lot of people profited from this pump.

Then again, many lost.
legendary
Activity: 1204
Merit: 1002
February 04, 2015, 01:56:06 PM
#1
Well, it looks like Coinbase did a pump and dump backed by heavy publicity.  



Timeline
  • Jan 20 - Coinbase announces new VC funding and runs "To The Moon" promotion.
  • Jan 27 - First reports that Coinbase is operating without licenses
  • Jan 28 - New York Times covers lack of licenses.

Post-Coinbase, Bitcoin is back where it was pre-Coinbase.
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