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Coinbase will not survive, they already lost credibility due to their insider trading issue [1,2] Coinbase also originates from wallstreet, hence why Binance i

Coinbase will not survive, they already lost credibility due to their insider trading issue [1,2] Coinbase also originates from wallstreet, hence why Binance is way more popular (Binance has 10x more daily volume!!! [3]), despite Coinbase having more PR presence This FUD is another evidence that someone wants to take down Binance, they dodged the poison/trap with FTX, looks like they'll have to dodge another one real soon [1] - https://www.theguardian.com/us-news/2022/sep/12/coinbase-crypto-currency-insider-trading https://www.theguardian.com/us-news/2022/sep/12/coinbase-cry... [2] - https://www.justice.gov/usao-sdny/pr/three-charged-first-ever-cryptocurrency-insider-trading-tipping-scheme https://www.justice.gov/usao-sdny/pr/three-charged-first-eve... [3] - https://coinmarketcap.com/rankings/exchanges/ https://coinmarketcap.com/rankings/exchanges/

nayuki 4y ago
Binance owns CoinMarketCap since Apr 2020. I wonder how reliable the numbers are.
- mccorrinall 4y ago
  Since the numbers are bad (BTC having smaller market cap than Tesla) I believe them.
- Kukumber 4y ago
  Network data is accessible by anyone, that's how crypto currencies operate, it's all public and trackable
  - ceejayoz 4y ago
    Network data doesn't tell you that two wallets are friends or even the same person doing some wash trading.
logicchains 4y ago
>Coinbase also originates from wallstreet, hence why Binance is way more popular (Binance has 10x more daily volume!!! [3]), despite Coinbase having more PR presence Binance is more popular because Coinbase's fees are almost an order of magnitude higher..
- Kukumber 4y ago
  Trust is key, it has nothing to do with the fees, PayPal is still the number one despite its fees People will stick with your if you are trustworthy, it is more true with crypto where nothing is regulated nor safe nor insured by the SIPC
Kukumber 4y ago
I love getting downvoted when i make a proper investigation and sourced research, makes you wonder what karma is used for in this website ;)

nayuki 4y ago

Binance owns CoinMarketCap since Apr 2020. I wonder how reliable the numbers are.

mccorrinall 4y ago
Since the numbers are bad (BTC having smaller market cap than Tesla) I believe them.
Kukumber 4y ago
Network data is accessible by anyone, that's how crypto currencies operate, it's all public and trackable
- ceejayoz 4y ago
  Network data doesn't tell you that two wallets are friends or even the same person doing some wash trading.

logicchains 4y ago

>Coinbase also originates from wallstreet, hence why Binance is way more popular (Binance has 10x more daily volume!!! [3]), despite Coinbase having more PR presence Binance is more popular because Coinbase's fees are almost an order of magnitude higher..

Kukumber 4y ago
Trust is key, it has nothing to do with the fees, PayPal is still the number one despite its fees People will stick with your if you are trustworthy, it is more true with crypto where nothing is regulated nor safe nor insured by the SIPC

Kukumber 4y ago

I love getting downvoted when i make a proper investigation and sourced research, makes you wonder what karma is used for in this website ;)