Thread: Money Bitcoin Take?
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Old 01-05-2018, 12:51 PM   #1177
Taco John Taco John is offline
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Join Date: Jun 2001
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Quote:
Originally Posted by wutamess View Post
What does that mean?
Coinbase has been a sort of king maker since it's one of the only fiat exchanges. People expect that cryptos get big bounces once they're on coinbase, and trade on it. Part of Ripple's rise was on rumors that it would be listed on coinbase. As it started to overheat, coinbase made a cryptic announcement that they are not adding new coins "at this time." whatever that means. Coinbase will be adding new coins eventually, and it's hard to imagine that Ripple won't be one of them. If it is, great. If it isn't, it doesn't really matter. Bitcoin Cash shows that the coinbase bounce is just that: a bounce, and then correction back to normalcy.
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