4 ms·
"The question is, can Coinbase sell these coins as quickly as they receive them? If not, what kind of exposure do they have to the violatility of the price of B
by larrys 12y ago
"The question is, can Coinbase sell these coins as quickly as they receive them? If not, what kind of exposure do they have to the violatility of the price of Bitcoin?"
That's a great question and I had wondered the same after reading the coinbase site the other day. How do they keep the balance between buyers and sellers and shield against that volatility? Further even if they do that today, this week, etc what will happen if there is an event in the future which alters the market?
Right now it seems like there is a "rising tide" which might be working in coinbase's favor. [1]
[1] This is more of a question than a statement and I'd be curious what others think along these lines.
- maxerickson 12y agoI think it will be a big deal for Bitcoin when (if?) some of the bigger players decide to start publishing their dollar side volume (so that spectators gain some visibility into the net flow of dollars).