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This is the correct take, IMO. This feels to me like a lot of higher-ups at Coinbase are sensing the peak of a crypto hype wave and want to take advantage of th
by plaidfuji 6y ago
This is the correct take, IMO. This feels to me like a lot of higher-ups at Coinbase are sensing the peak of a crypto hype wave and want to take advantage of the moment to cash out and spread their risk around. Plus they have privileged access to real-time data on crypto market movement (I assume); they’ll know if a btc sell off is brewing long before anyone else. The fact that BTC only jumped to 64k is telling...
- drexlspivey 6y agoThis is nonsense. Coinbase didn’t IPO, it was a direct listing. They didn’t issue or sell any shares.
- sillysaurusx 6y agoCan you translate for someone who has zero knowledge in this area?
- torbital 6y agoSurely they made the decision to IPO back when BTC was half of what it is now.