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[aryan4]

Cryptocurrency exchange Coinbase will go public in a few months with a valuation of $ 77 billion. The firm, the largest cryptocurrency exchange in the USA, will be listed on NASDAQ with $ 303 per share.
Do you think these developments affect the markets?

 

[Wisdom01]

Am not sure it going to affect the market , but might just affect only the platform coinbase ,since they are going to be listed on Nasdaq , many that trade on the platform would get the information and might buy some shares

 

[Brain]

Coinbase is really doing well for itself and I'm sure it's users can't wait to get hold of the shares therefore, becoming shareholders. For the markets I don't think anything will work against it

 

[achawaskey]

It might affect the market, it may increase crypto currency investors in coinbase and also pave way to more account opening. Its really good for coinbase.

 

[Yugocean]

This is a good developement, this way nit will legally become a real company and it would become hard for any country to ban crypto which have business with US.

 

[Brain]

It might affect the market, it may increase crypto currency investors in coinbase and also pave way to more account opening. Its really good for coinbase.

Affecting the market will be nothing short of positivity. This will help bring more people to coinbase and in generally make more people begins to invest in BTC

 

[aryan4]

It might affect the market, it may increase crypto currency investors in coinbase and also pave way to more account opening. Its really good for coinbase.

Actually, I can say that I totally agree with you. As a result, with this development, it will become more popular and its prestige will increase significantly.

 

[Niftyicon]

This is an excellent development and I think that putting Coinbase out there is going to bring more confident to users and even bring on more customers.

 

[BullyMaguire]

I see that's why it's the number one exchange we have.. i thought it was Binance but clearly Coinbase is somehow superior. Wish they add more coins though

 

[Brain]

I see that's why it's the number one exchange we have.. i thought it was Binance but clearly Coinbase is somehow superior. Wish they add more coins though

Binance is still outstanding in it's own way but coinbase seems to be in the world of itself, doing incredibly well lately that if some go by all the positive news about them lately

 

[BullyMaguire]

Binance is still outstanding in it's own way but coinbase seems to be in the world of itself, doing incredibly well lately that if some go by all the positive news about them lately

I can't really use the full potential of coinbase right now. But i think it's great and haven't seen anyone complaining about their security too

 

[Brain]

I can't really use the full potential of coinbase right now. But i think it's great and haven't seen anyone complaining about their security too

Same here with me I'm.limited on the site because of my location but I enjoy the site because of it's security. The site is good with it's security measures

 

[sagefave]

This is incredible news, imagine one share going for above $300. If coinbase keeps thriving in the cryptocurrency exchange business, these share might actually be cheap now.

 

[Rollerkid]

Cryptocurrency exchange Coinbase will go public in a few months with a valuation of $ 77 billion. The firm, the largest cryptocurrency exchange in the USA, will be listed on NASDAQ with $ 303 per share.
Do you think these developments affect the markets?

This is another great news for the whole crypto community. The value per share is really great and this has proved how valuable the crypto exchange really is especially to those that didn't know about it.

 

[Wisdom01]

This is incredible news, imagine one share going for above $300. If coinbase keeps thriving in the cryptocurrency exchange business, these share might actually be cheap now.

I think as the price of shares continues to increase to a very large amount , i think it would be costly for people to buy instead of been cheap

 

[Rollerkid]

I think as the price of shares continues to increase to a very large amount , i think it would be costly for people to buy instead of been cheap

You are right. But also it's the value of the coinbase exchange that will be determining the price of the shares after the listing. If coinbase keeps making profit to attract more investors, price of its shares will continue to increase.

 

[Wisdom01]

You are right. But also it's the value of the coinbase exchange that will be determining the price of the shares after the listing. If coinbase keeps making profit to attract more investors, price of its shares will continue to increase.

Yeah you are right about this but i think since coinbase is popular they would really get more investors that would buy the shares

 

[Rollerkid]

Yeah you are right about this but i think since coinbase is popular they would really get more investors that would buy the shares

I know people are ready to invest in coinbase because it has proven to be one of the most secured and largest crypto currency exchanges so their shares have high chance of appreciating.

 

[Wisdom01]

I know people are ready to invest in coinbase because it has proven to be one of the most secured and largest crypto currency exchanges so their shares have high chance of appreciating.

All i hope is that they dont start having withdrawal issues and others because that is what affect the price of the shares most i think,

 

[Rollerkid]

All i hope is that they dont start having withdrawal issues and others because that is what affect the price of the shares most i think,

That can affect the price anyways. But mostly there are other factors that causes the problems of these deposit and withdrawal issues, which can affect the price.