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Re:Coinbase’s chief product officer will leave with a $105M ... by rco8786 on Wednesday January 25, 2023 @11:41AM (#34520507)
Collapsing is a strong word, but their very tightly tied to whatever the crypto market is doing..which is not good at the moment.
Re:Coinbase’s chief product officer will leave with a $105M ... by swyx on Wednesday January 25, 2023 @11:43AM (#34520535)
eh. BTC is up 40% year to date. FTX may have been the bottom of this cycle.
Re:Coinbase’s chief product officer will leave with a $105M ... by rank0 on Wednesday January 25, 2023 @11:52AM (#34520681)
YTD is like 25 days… what’s the TTM?
Re:Coinbase’s chief product officer will leave with a $105M ... by swyx on Wednesday January 25, 2023 @01:17PM (#34522023)
parent comment said "not good at the moment" so just responding to "at the moment" its actually not as bad as the haters would imagine (e.g. its well above the 2020-era ceiling of $16k despite much tighter monetary policy and crypto institutions failing all over the place)
Re:Coinbase’s chief product officer will leave with a $105M ... by rco8786 on Wednesday January 25, 2023 @02:13PM (#34522804)
I meant like crypto as a whole. The 2020 shininess has worn off. NFTs are all dead. Web3 is being forgotten. The main news stories are about fraud and hacks.
Re:Coinbase’s chief product officer will leave with a $105M ... by rco8786 on Wednesday January 25, 2023 @02:15PM (#34522817)
the price of BTC != the crypto market
Re:Coinbase’s chief product officer will leave with a $105M ... by carrja99 on Wednesday January 25, 2023 @12:01PM (#34520823)
Are they? They’re tied to people putting money in and out of their platform, not to how much Bitcoin is worth.
Re:Coinbase’s chief product officer will leave with a $105M ... by rco8786 on Wednesday January 25, 2023 @02:14PM (#34522810)
Yes, trading volume has fallen off a cliff in the last couple quarters.