Author

Topic: Once Coinlab takes over Mt. Gox, why would anyone use Coinbase? (Read 1074 times)

legendary
Activity: 1204
Merit: 1002
RUM AND CARROTS: A PIRATE LIFE FOR ME
I think Coinlab will adapt. No one wants bitcoin to be controlled solely by Coinlab and Mt.Gox. Just take a look at the clusterfuck this past crash has been because of the bottleneck in the system.
newbie
Activity: 29
Merit: 0
It seems to me that people use Coinbase because they can buy bitcoins at 1% over Mt. Gox from their bank account. This beats (?) using Mt. Gox directly because of ease of use and no bank transfer fee. 

Now when Coinlab takes over Mt. Gox, and the fee goes down (for US folks), what's the benefit to continuing to use Coinbase?
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