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[AudraMiller]

Running a cryptocurrency exchange is a lot of hard work and can be very difficult especially when we see market crashes like this because the assets that are being help by the exchange itself will diminish in value and their profits will as well. The news has reported that Coinbase has helped a cryptocurrency exchange in Indonesia that is called Pintu, by being one of the investors to fund them with six million dollars. Do you think that this was a good move by coinbase considering the recent vulnerable position they are in?

 

[Wisdom01]

Good they are helping the exchange platform ,its another way to support the exchange platform during this trying and struggling time as well

 

[AudraMiller]

Good they are helping the exchange platform ,its another way to support the exchange platform during this trying and struggling time as well

I agree with you in the sense that it is very good to be helping out of cryptocurrency exchange platforms and also the advertising that is coming from news articles such as this is very good for coinbase. However currently their stock is decreasing and price quite substantially and they are trying to find external funding in order to rectify this. So this may not be the ideal time in order for them to be giving out funding like this.

 

[Wisdom01]

I agree with you in the sense that it is very good to be helping out of cryptocurrency exchange platforms and also the advertising that is coming from news articles such as this is very good for coinbase. However currently their stock is decreasing and price quite substantially and they are trying to find external funding in order to rectify this. So this may not be the ideal time in order for them to be giving out funding like this.

Maybe they already made promise to help the exchange platform and they just have to fulfill the promise despite the trying times they are into

 

[Manish200]

It's really important to take such measures in the times of crisis and I think it will definitely make things better for the exchange platforms. The recent market crash has certainly made things difficult and this will definitely help the recovery process.

 

[AudraMiller]

Maybe they already made promise to help the exchange platform and they just have to fulfill the promise despite the trying times they are into

This could be very well possible, because it is important especially in a professional capacity to live up to and to meet the commitments that you have made to other companies as well. Hopefully this will help them in securing some funds as well, seeing as though they are helping others and this may work in their favour.

 

[Wisdom01]

This could be very well possible, because it is important especially in a professional capacity to live up to and to meet the commitments that you have made to other companies as well. Hopefully this will help them in securing some funds as well, seeing as though they are helping others and this may work in their favour.

Yeah many people and companies who want to help coinbase would do so ,when they see how generous and good they are ,it will serve as a benefit

 

[AudraMiller]

It's really important to take such measures in the times of crisis and I think it will definitely make things better for the exchange platforms. The recent market crash has certainly made things difficult and this will definitely help the recovery process.

It will definitely be a very good thing and will surely help in relation to the recovery of that specific cryptocurrency exchange, however it could be at the detriment of the funder in this case.

 

[Wisdom01]

It will definitely be a very good thing and will surely help in relation to the recovery of that specific cryptocurrency exchange, however it could be at the detriment of the funder in this case.

And that may be one of the most important exchange platform in the country to get more crypto lovers ,and coinbase have to just show their support

 

[LutherKing]

Coin base is a much higher company than what they invested in so that makes no difference in the position to the company

 

[Brain]

Coinbase as always been like a power house when it comes to dealings with the crypto currency so it was good the step in to to help the exchange platform do better

 

[LutherKing]

Indeed but since they are a us company they never allow other countries that are underdeveloped to succeed and follow their agenda to be honest

 

[Balint098]

Yep, I know how some of crypto exchanges in Indonesia get help from Coinbase. Hope this strengthens their position and make them look more reputable.

 

[LutherKing]

Well Businesses Always Invest Looking At Something For Example If You Are a investing In South America Then You Are Having Lots Of Oil To Be Honest ...

 

[a_jerobon]

That is so good of Coinbase. They are being supported of another exchange site yet they also face some troubles. The good thing is that they are bigger than most exchange sites and so they have the resources to help other people.