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Re:Coinbase stock lost over 75% value by ike0790 on Monday May 09, 2022 @10:38PM (#31322770)
If bitcoin/crypto is chopping sideways GUARANTEED Coinbase will be chopping sideways as well
Re:Coinbase stock lost over 75% value by fastball on Monday May 09, 2022 @11:21PM (#31323057)
How? Does Coinbase not make most of their money on the spread?
Re:Coinbase stock lost over 75% value by chii on Monday May 09, 2022 @11:32PM (#31323131)
The implication is that when crypto goes sideways, trading volumes drop, and thus, even though spread might be same or even better, the volume drop will have lost them money.
Re:Coinbase stock lost over 75% value by mersenne on Monday May 09, 2022 @11:26PM (#31323088)
Stock price, not necessarily revenue/profits.