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0 pointsmciancia5y ago0 comments

Why not just buy bitcoin then? Do you think coinbase will go 10x faster than btc?

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Coinbase makes money in a down market because of trading volumes.

I guarantee you coinbase stock is going to be highly correlated to the price of Bitcoin.

I would disagree. Coinbase's value is based on volume and volatility. If anything, stable values are the worst time for exchanges, as experienced in early 2019.

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