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[Josemendez]

Not more than 24 hours of Binance announcing that Tesla stock can now be bought from their platform . Coinbase entered into deal with Binance ,and thus have their stock in form of coin listed in Binance .

This is an indication that in coming days , more stock companies will digitalize their stock . What is your take on this ?

 

[Niftyicon]

You are right about more digitalized stocks in the future. I think that Coinbase trading its stocks through crypto platforms gives the platform some sort of solidity and more confidence in people about the crypto space.

 

[Wisdom01]

Yeah obviously more companies would digtalise their stock so users could buy them easily. Because it was before you have to go to the company to buy the stocj

 

[Josemendez]

Yeah obviously more companies would digtalise their stock so users could buy them easily. Because it was before you have to go to the company to buy the stocj

But then I don't think making them in form of cryptocurrency will change anything and make them soar high just like cryptocurrency.

 

[Wisdom01]

But then I don't think making them in form of cryptocurrency will change anything and make them soar high just like cryptocurrency.

That's true people focus might still be on crypto currency than stock token since they don't know how volatile it would be , but we might still see some little improvement but not very much

 

[Josemendez]

That's true people focus might still be on crypto currency than stock token since they don't know how volatile it would be , but we might still see some little improvement but not very much

Surely there will be improvement since those who will invest in it will have it in the same wallet with there crypto ,so no need for extra attention

 

[Wisdom01]

Surely there will be improvement since those who will invest in it will have it in the same wallet with there crypto ,so no need for extra attention

Yeah i also want more companies to create their stock tokens as this will help the crypto community have more growth ,because some share holders still aren't trading crypto

 

[Josemendez]

Yeah i also want more companies to create their stock tokens as this will help the crypto community have more growth ,because some share holders still aren't trading crypto

Well , that they are in form of cryptocurrency doesn't mean that they are actually cryptocurrency ,nor will they have potentials like crypto

 

[SCAMEXPOSER]

Coinbase and Tesla are just trying to integrate stock market in to cryptocurrency market to bring harmonization and strength in the Crypto currency sector in my own view.

 

[achawaskey]

Its a nice move by coinbase, and also an indication of what to expect in the coming days or weeks. It will also increase the investors confidence.

 

[Josemendez]

Coinbase and Tesla are just trying to integrate stock market in to cryptocurrency market to bring harmonization and strength in the Crypto currency sector in my own view.

I think they are only trying to strengthen their stock by integrating them into cryptocurrency . I hope it works for them .

 

[Wisdom01]

Well , that they are in form of cryptocurrency doesn't mean that they are actually cryptocurrency ,nor will they have potentials like crypto

Yeah true they might just be in form of stock token ,The only difference is that they might get more attention from the crypto community

 

[SCAMEXPOSER]

It is only gonna make it more easier for people to by stocks easily just like Paxful was making gold available for members to buy through cryptocurrencies.

 

[Josemendez]

It is only gonna make it more easier for people to by stocks easily just like Paxful was making gold available for members to buy through cryptocurrencies.

That's just it but still ,it can not be able to compete with cryptocurrency because it lacks the volatility need by investors . Secondly the interest is not fixed

 

[SCAMEXPOSER]

That's just it but still ,it can not be able to compete with cryptocurrency because it lacks the volatility need by investors . Secondly the interest is not fixed

The volatility in stock is not as high as that of Crypto currencies but stocks depends on the activities or progress of the companies you buy stock from.

 

[Josemendez]

The volatility in stock is not as high as that of Crypto currencies but stocks depends on the activities or progress of the companies you buy stock from.

Exactly that is why it is not advisable nor can it take the place of cryptocurrency that depends on demand and supply in market .

 

[SCAMEXPOSER]

Stock market need to look for ways to boost it potential otherwise Crypto currencies is on the move to overshadowed it completely which is why there is need for such integration.

 

[Josemendez]

Stock market need to look for ways to boost it potential otherwise Crypto currencies is on the move to overshadowed it completely which is why there is need for such integration.

One of the reason why people are skeptical about the stock market is the fact that it comes from the company's profit which can be manipulated .

 

[SCAMEXPOSER]

One of the reason why people are skeptical about the stock market is the fact that it comes from the company's profit which can be manipulated .

Some are not manipulated because major Investors monitor their activities but the vulnerability is not as high as cryptocurrencies that's all.

 

[Josemendez]

Some are not manipulated because major Investors monitor their activities but the vulnerability is not as high as cryptocurrencies that's all.

Well , I do prefer have cryptocurrency that I can monitor myself than something that I don't have control over or depend on information given to me