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> If anything, I suspect that Coinbase intentionally violated the rules with this update Trading volume has been falling 30-44% every quarter: https://s27.q4c
by geocar 4y ago
> If anything, I suspect that Coinbase intentionally violated the rules with this update
Trading volume has been falling 30-44% every quarter:
https://s27.q4cdn.com/397450999/files/doc_financials/2022/q3/Coinbase-Q3'22-Earnings-Call-Transcript.pdf https://s27.q4cdn.com/397450999/files/doc_financials/2022/q3...
https://s27.q4cdn.com/397450999/files/doc_financials/2022/q2/v2/Coinbase-Q2'22-Earnings-Call-Transcript.pdf https://s27.q4cdn.com/397450999/files/doc_financials/2022/q2...
https://s27.q4cdn.com/397450999/files/doc_financials/2022/q1/Coinbase-Q1'22-Earnings-Call-Transcript.pdf https://s27.q4cdn.com/397450999/files/doc_financials/2022/q1...
so I'm thinking they don't have a product and they know it. This NFT product was supposed to be so hot their servers couldn't take it!
https://www.gfinityesports.com/cryptocurrency/coinbase-nft-waitlist-crashes-sign-up-register-marketplace/ https://www.gfinityesports.com/cryptocurrency/coinbase-nft-w...
so what gives? I think someone is lying here. Maybe even bad enough someone could get fired if this doesn't get turned around. And if that's the case, it seems plausible to me that someone looked at 30% of "their" revenue going to Apple and just said fuck it.
- throwaway290 4y agoYep. Then they saw Spotify and the like attacking app store and decided it's a hot moment to pile on.
- __derek__ 4y agoThis fits with what I've heard from ex-Coinbase folks.