Topic: why all that is quoted on coinbase does bailout??? (Read 108 times)
They have quoted junk currencies and lost all credibility, then tried to reacquire it by quoting zcash, but now the credibility was lost
I think it is because the coinbase is the biggest fiat to crypto wallet and exchange that offers its services in biggest economies of the world like US etc so definitely if some coin gets the achievement of listing at coinbase that is fundamentally huge event for that coin and that is reason we can see pump and hype of that coin till it lists at coinbase.
It's actually not something new. What is happening here is the practical implementation of the phrase, "Buy the rumor, sell the news". When there is a rumor of a particular coin going to get listed on Coinbase then its prices increase and when it actually gets listed it gets dumped. I never understood this phrase, but with Coinbase listings it is crystal clear. Although, I'm not sure if it holds true always and in all conditions.
In cryptovalue there isn't the word 'sure' but i think is a good cryptovalue. ..
now there is some strange news everywhere. sure with this currency everything will be fine. I have a little bit in my portfolio
now it' s the turn of zcash. good crypto but after quoted on coinbase ...
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