Coinbase is down

Re:Coinbase is down by fokinsean on Monday June 12, 2017 @03:45PM (#14540422)

There's nothing wrong with participating in the crypto currency world. For all you know $5000 is chump change to him. Of course the risks are high, but people are also making quite significant returns as well.

Assuming he's trying to get into Ethereum, it doesn't quite fit the definition of a "scam". The tech is very interesting and who knows how far it will go.

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Re:Coinbase is down by nradov on Monday June 12, 2017 @03:59PM (#14540557)

There was nothing wrong with investing in tulip bulbs in 1637 either. But investors shouldn't expect any sympathy when they get burned.

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Re:Coinbase is down by stinkytaco on Monday June 12, 2017 @04:04PM (#14540607)

This is less about the investment and more about the broker. If bitcoin takes a dive or the blockchain forks and users lose their investment, that's investing in a crash. When the broker absconds with the money, that's breaking the law. Users should have every reason to be confident Coinbase is reliable.

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Re:Coinbase is down by c0nducktr on Monday June 12, 2017 @04:04PM (#14540604)

There's a difference between buying tulip bulbs and having the price collapse and buying bitcoin and never even receiving the bitcoin.

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Re:Coinbase is down by CyberDildonics on Monday June 12, 2017 @07:46PM (#14542034)

What properties of ideal money do tulip bulbs have?

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