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Coinarse (COIN)


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goldbug9999

Sorry could not resist the quip, not gonna lie, I personally hate this company on several levels including but not limited to their appalling customer service reputation and their support for various things against Bitcoins interest over the years (such as segwit 2x).

... but that isn't going to stop me potentially making some money out of their stock should the opportunity arise.

Seems to tanking nicely, maybe ripe for a bottom snipe soon:

https://www.nasdaq.com/market-activity/stocks/coin

Edited by goldbug9999
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Green Devil

Interestingly all the top executives unloaded lots of their holdings on IPO day. Says a lot really. Shittest exchange out of all of the offerings apart from the really dubious ones.

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goldbug9999
Posted (edited)

Closed at $290 after hitting what looked like a bottom at about $285, will probably start buying in when market opens this afternoon. Seems to be a lot of fear in the air after bidens CGT rise announcement especially in anything crypto related so there will be buying opportunities.

Edited by goldbug9999
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wherebee
19 minutes ago, goldbug9999 said:

Closed at $290 after hitting what looked like a bottom at about $285, will probably start buying in when market opens this afternoon. Seems to be a lot of fear in the air after bidens CGT rise announcement especially in anything crypto related so there will be buying opportunities.

BUT I suspect that Biden will announce (as he is a foool and a puppet mouth) at some point a control over crypto coins.  Something like 'new task force to investigate regulation'. 

The tax changes announced are designed to catch the middle classes, not the billionaires.  Same will happen with the crypto - rules for thee, not for meee

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goldbug9999
45 minutes ago, wherebee said:

The tax changes announced are designed to catch the middle classes, not the billionaires.  Same will happen with the crypto - rules for thee, not for meee

What are you suggesting exactly ?, many American billionaires are balls deep in bitcoin/crypto, plus coinbase has just floated, there would be hell to pay if a recently issued public stock got annihilated by some legislation. 

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  • 2 weeks later...
Green Devil
31 minutes ago, nirvana said:

ANNNDDD we're off and running......bought the bottom so far :Geek:

 

tenor (2).gif

250$, its like the bottom fishers were just SOH waiting... 

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nirvana

back over 300 bucks which is good for a bad stock market day methinks

I'm gradually converting from anything shitcoin is shit, to anything shitcoin is magic xD

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