XRP is launching on Coinbase Pro - Finally!

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legendary

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Quote from: BitHodler on February 26, 2019, 05:46:49 AM

That being said, the good news for XRP however is more fiat liquidity, which is always a good thing for crypto currencies. I however doubt it will surpass $5 million on its USD pair on a normal day.

It has currently generated only $1.5 million in volume, and that's extremely poor for such a 'huge event' XRP moon boys could only dream of some months ago.

Quote from: Lanatsa on February 26, 2019, 01:14:47 PM

They dont really care about fundamentals actually but rather choosing on whats popular since they do know they can pull off profits with that.

They must be sick and tired of seeing how people buy in at Coinbase, then send the funds to a shady ass exchange and participate in pumps and dumps over there. The bravest kid in the room is one of the poorest, lol.

gentlemand

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Quote from: joniboini on February 26, 2019, 12:12:36 AM

I'm starting to think that Coinbase just lists any popular crypto without looking at fundamentals. But who cares as long as people buy and sell it?

XRP is not really nice addition, considering people can buy OTC from the XRP company itself. Would be better if they started to be more selective and list some tokens worth listing because it's fundamentally good, not because it's popular.

They're not doing this for fun. All they exist for is to make money. You'll make the most buy trading all the shit out there.

Anyone entering this space planning on being a classy operation will eventually be murdered by a shit peddler.

Obviously you don't want to be listing outright scams, but anything beyond that is costing you money by not listing it when others are.

It's going to be a bit different if you're servicing big swinging dicks in the shadows, but Coinbase is public facing and the public craves shit.

Lanatsa

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Quote from: Raja_MBZ on February 26, 2019, 12:46:51 PM

Coinbase CEO tweet in 2015:
~~~~

He do already have the amnesia about on that tweet and now he do contradicts on what the do said before. Wink

They dont really care about fundamentals actually but rather choosing on whats popular since they do know they can pull off profits with that.

Raja_MBZ

legendary

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The trading is now fully supported at Coinbase Pro. USD, EUR, and BTC pairs are now active.

Quote from: joniboini on February 26, 2019, 12:12:36 AM

Quote from: hugeblack on February 25, 2019, 04:24:18 PM

I started to lose interest in the crypto bank "Coinbase," especially when it accepted more XX/USD*EUR pairs for shitcoins.
I do not know what is unique in these unlimited cryptocurrencies. If altcoins are to be accepted, they must be of interest projects and provide an addition, not a new Price manipulation coins.

I'm starting to think that Coinbase just lists any popular crypto without looking at fundamentals. But who cares as long as people buy and sell it?

XRP is not really nice addition, considering people can buy OTC from the XRP company itself. Would be better if they started to be more selective and list some tokens worth listing because it's fundamentally good, not because it's popular.

Coinbase CEO tweet in 2015:

BitHodler

legendary

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The price not reflecting this event comes from how Coinbase no longer is the main exchange to work with. Most of the platforms have been allowing fiat trading and selling for a very long time now.

Overall, if you want to buy a coin that isn't listed on Coinbase, people buy Bitcoin and send it to Binance or whatever other exchange to buy it. People don't let themselves be stopped just because Coinbase isn't on board.

That being said, the good news for XRP however is more fiat liquidity, which is always a good thing for crypto currencies. I however doubt it will surpass $5 million on its USD pair on a normal day.

1Referee

legendary

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Coinbase dropped its guard, they just can't handle the extreme competition in this field anymore, so we can expect a shitload of other securities to be listed this year.

It would have been a nice shorting opportunity if the price pumped harder, but this seems rather disappointing if you consider how badly XRP hooligans were speculation about this being a game changer. I do expect EOS's listing to at least fetch a 20-30% pump which I'm looking forward to to short. Coinbase has been pretty generous with their shorting opportunities in the past.

joniboini

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Quote from: hugeblack on February 25, 2019, 04:24:18 PM

I started to lose interest in the crypto bank "Coinbase," especially when it accepted more XX/USD*EUR pairs for shitcoins.
I do not know what is unique in these unlimited cryptocurrencies. If altcoins are to be accepted, they must be of interest projects and provide an addition, not a new Price manipulation coins.

I'm starting to think that Coinbase just lists any popular crypto without looking at fundamentals. But who cares as long as people buy and sell it?

XRP is not really nice addition, considering people can buy OTC from the XRP company itself. Would be better if they started to be more selective and list some tokens worth listing because it's fundamentally good, not because it's popular.

vit05

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So they're going to have 15 coins now. I got to see some comments about XRP on telegram groups, but I figured it was just another unfounded speculation. Unfortunately, I was wrong. I wonder if they will have a high trading volume. Currently, Bitcoin has 45% of the volume traded there, while ethereum has 25%. I imagine that XRP can stay above Litecoin volume, but far from ETH.

hugeblack

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Quote from: Raja_MBZ on February 25, 2019, 01:38:38 PM

It seems like all the hard work (and shilling) of XRP army (and bots) finally paid off - within a few hours, XRP will be trade-able at Coinbase Pro!

I started to lose interest in the crypto bank "Coinbase," especially when it accepted more XX/USD*EUR pairs for shitcoins.
I do not know what is unique in these unlimited cryptocurrencies. If altcoins are to be accepted, they must be of interest projects and provide an addition, not a new Price manipulation coins.

7.82%: The right news at the wrong time, if yesterday we had an insane rise

LeGaulois

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A typical scenario when Coinbase/Coinbase Pro decides to add a cryptocurrency (and few major exchanges as well). I was expecting a better performance for XRP but since the market is almost dark, a good 10% is still good to take these days.

Well, all XRP fanatics are surely tweeting frenetically right now

Raja_MBZ

legendary

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"I'm sure that insider trading doesn't happen in crypto!"...
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Raja_MBZ

legendary

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Merit: 1505

It seems like all the hard work (and shilling) of XRP army (and bots) finally paid off - within a few hours, XRP will be trade-able at Coinbase Pro!

Quote from: https://twitter.com/CoinbasePro/status/1100093203326263297

When XRP?? Now! XRP/USD, XRP/EUR, and XRP/BTC order books will soon enter transfer-only mode, accepting inbound transfers of XRP in supported regions. Orders cannot be placed or filled. Order books will be in transfer-only mode for a minimum of 12 hours.

https://blog.coinbase.com/xrp-will-soon-be-available-to-trade-on-coinbase-pro-b14478db7b33

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