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The recent market crash is partly the exchanges’ fault. Listing every possible coin out there exposes people to unfinished and shady products. Just looking at t
by mihaifm 8y ago
The recent market crash is partly the exchanges’ fault. Listing every possible coin out there exposes people to unfinished and shady products. Just looking at that list things like Storj and Tezos, or even Eos and Cardano are very questionable choices.
No one seems to take a stance against this garbage. While Coinbase is currently more selective, with this type of move they’d probably join the rest of the pack.
Also I’m not sure why they don’t include Nano in that list, which is one of the few cryptocurrencies that can actually be used as a currency.
- elliekelly 8y agoEven highly regulated exchanges don't vet for quality like you're suggesting. Exchanges merely set disclosure requirements so investors can make their own informed decision but even that only goes so far. Herbalife is on NYSE and Tesla on NASDAQ, for example.
- arcticbull 8y agoTesla is an actual car company making actual fun awesome cars. Dentacoin is... a coin for dentists to...
- elliekelly 8y agoDon't get me wrong: Tesla the technology is awesome. The veracity of Tesla's financial disclosures[1], on the other hand, leave much to be desired. [1] https://www.reuters.com/article/us-tesla-sec/u-s-securities-regulator-subpoenas-tesla-on-model-3-production-estimates-idUSKCN1N71QY https://www.reuters.com/article/us-tesla-sec/u-s-securities-...