126 sats \ 1 reply \ @ken 10 Aug 2022
Coinbase is a shitcoin casino!
reply
101 sats \ 0 replies \ @cryptocoin OP 10 Aug 2022
Agreed.
#DELETECOINBASE
reply
25 sats \ 0 replies \ @BlokchainB 10 Aug 2022
So sad. Coinbase bought so many people into the space and it’s come to this.
reply
0 sats \ 0 replies \ @cryptocoin OP 9 Aug 2022
See original article here. The main post link is using archive.ph, so you can skip the paywall.
reply
0 sats \ 3 replies \ @cryptocoin OP 9 Aug 2022
reply
25 sats \ 1 reply \ @DeezSats 10 Aug 2022
3 more months and they're in bankruptcy! LFG!!!
reply
10 sats \ 0 replies \ @cryptocoin OP 10 Aug 2022
Hah, ... they've got like $5B in cash, and the $446 in non-cash impairment losses is probably not going to recur (assuming crypto has "bottomed").
They're a shitty organization but investors keep tossing them gobs of cash, how much further can they F it up?
reply
0 sats \ 0 replies \ @cryptocoin OP 9 Aug 2022
Coinbase's Q2 report can be downloaded here:
Second Quarter 2022 - Shareholder Letter
https://s27.q4cdn.com/397450999/files/doc_financials/2022/q2/Q2-2022-Shareholder-Letter.pdf
reply