Is Facebook buying Coinbase?

[Anonymous No.10096331]

https://www.chepicap.com/en/news/1704/is-facebook-buying-coinbase-.html

[Anonymous No.10096374]

a dying platform is rumoured to buy a dying platform
lol

[Anonymous No.10096381]

>>10096374

Coinbase is a dying platform?

[Anonymous No.10096396]

>>10096381
Facebook is a dying platform?

[Anonymous No.10096432]

>there is a lack of substantial evidence to support the rumors thus far.

Shit thread kill yourself thanks.

[Anonymous No.10096438]

I quit facebook but went back because everyone using it

[Anonymous No.10096446]

>>10096396

Facebook is well on its way to becoming a desolate wasteland like MySpace.

[Anonymous No.10096457]

>>10096381
yes. it is supposed to be a gateway for liquidity in, instead it is a gateway to get liquidity out. It failed as a platform in the ecosystem. 40$ more cash outs during the last 6 months then ever before should be the warning sign, people had it with this market and empty promises

[Anonymous No.10096461]

>>10096446
No it will forever be used for women to post their kids and normies to post generic memes

[Anonymous No.10096473]

>>10096374
You know facebook is very big and powerful right? If you say only old people etc use Facebook then you’re an idiot. Facebook owns Instagram, a huge social media site that the norms love. Facebook also owns messenger which will one day be more popular than snapchat.

[Anonymous No.10096489]

zuck is gonna do it because the winklevoss twins own gemini

[Anonymous No.10096493]

>>10096473
facebook is dead. It invests in the past not the future by buying up other web 1.8 platforms. O wait for the last bit of fomo and then go over to short that company, it will never be a google and was never supposed to be one. Amazon might survive, but not for more then another 10 years

[Anonymous No.10096498]

>>10096446
get out of your bubble

[Anonymous No.10096499]

>>10096381
>>10096457

Every platform is having issues because volume is down everywhere. Ethfinex did a worrying post on this.

But if crypto comes back counbase will be at a pinacle. It has built out more infrastructure, got in line with the sec, it got paradex for erc20’s. It will be normie king if theres another bull run

Thats a big if

[Anonymous No.10096507]

>>10096493
Amazon not survive? Amazon is making all the moves it needs

[Anonymous No.10096525]

>>10096457
>people had it with this market and empty promises

This is coinbase’s fault?

[Anonymous No.10096535]

>>10096499
>But if crypto comes back counbase will be at a pinacle. It has built out more infrastructure, got in line with the sec, it got paradex for erc20’s. It will be normie king if theres another bull run

That's like China building cities before there's even demand for them.

[Anonymous No.10096561]

>>10096499
sure, the question is, will coinbase survive the investigations over the next 2 years, I doubt it desu, everybody and his mum knows that they actively were involved in market manipulations and that some are willing to bring them down, the concurrence included. Exchanges will cannibalise each other and their costumers in the next years, many will be gone when the next bull run should ever come.
>>10096507
yes, but it becomes less and less cost effective, amazon is growing too fast in markets that don't need amazon to be more cost effective than with amazon. It will fail over short or long, latest when regulators keep attacking there core business and closing tax loopholes

[Anonymous No.10096585]

>>10096489

It would be a normie stampede.

[Anonymous No.10096611]

>>10096446
Nearly everyone I talk to about social media laments the death of MySpace
Facebook is the Apple computer of social media and nobody really likes it, they just get it shoved down their throats

[Anonymous No.10096614]

>>10096446
I wouldn’t say well on its way, but the cracks are staring to show. But Instagram is their cash cow

[Anonymous No.10096663]

>>10096561
amazons core business is AWS, its where they make all their money. amazon.com ecommerce is a loss leader

[Anonymous No.10096765]

>>10096663
could be made cheaper and more secure with blockchain technology. Amazon is just banking on boomers and tech illiterates. First are gone in a decade at least, later adapt, just slower

[Anonymous No.10096778]

>>10096457
>>10096493

a jew is incapable of operating a business that doesn't leech off of another's success?

hold the phone
>adjusts press hat
are you suggesting
>reaches for pen in trench coat pocket
that despite what we've been told,
>reaches for notepad in other trench coat pocket
/pol/ was right again?

[Anonymous No.10096831]

>>10096778
you would have deserved those trips, as the most sad thing is, /pol/ is always right

[Anonymous No.10096859]

>>10096535
Not really - they were ok when crypto was a hobby for asians and neckbearss. In 2017 they got caught with high volume as normies came in and were found to be not ready for prime time. Thry then when crazy hiring and working with the sec and making moves. This was all during times of high volume. So if it comes back they will take a good share

[Anonymous No.10096964]

So if they hold your funds, that's means you can't cash out either? If so, then what's the point? Is there an exchange that isn't shady?

[Anonymous No.10096975]

>>10096964
Wrong thread sorry.

[Anonymous No.10097020]

>>10096331
>chepicap.com
Pillar of modern journalism

[Anonymous No.10097034]

>>10096489
Finally someone points this shit out as the main factor

[Anonymous No.10097281]

>>10096765
>could be made cheaper and more secure with blockchain technology

A centralised platform is never going to benefit from using a decentralised asset.

[Anonymous No.10097299]

>>10096765
So wrong. No large company wants to move their data warehousing to some blockchain. They want to keep everything in-house and secure. Having control over your systems is nice. They’re not going to push data into a blockchain if there is any chance it fails or leaks data.

[Anonymous No.10097334]

>>10097299
>No large company wants to move their data warehousing to some blockchain
correct, and this is why they will lose (or have to adapt), blockchain can be more cost effective, and somebody is going to figure out how to get a piece of the cake

[Anonymous No.10097343]

>>10096461
Actually instagram has already usurped it. The only reason its still online is because its boomer central. FB doesnt even care anyway because they own instagram so it makes no difference to them which site lives or dies.

[Anonymous No.10097351]

>>10096331
If they do, I won't use them anymore I can tell you that. Fuck Facebook, fuck Instagram, these companies provide you with a free service for your consent to spy on you.

[Anonymous No.10097394]

>>10096493
sad but true but in some parts of the world "Internet" and "Facebook" is seen to be the same thing

this is because Facebook provides people with internet that otherwise would have no internet. however they can only surf a handful of selected sites, the main one naturally being Facebook. FB is huge.

another monster of a company is Amazon, they provide the servers of netflix, spotify, reddit, dropbox, imgur, tinder +1000s more (and own IMDb, twitch, whole foods and 70+ more)

[Anonymous No.10097407]

>>10096374
T. 30 year old boomer who eats glue

[Anonymous No.10097510]

>>10097334
I fail to see how blockchain is more cost effective? Server space is insanely cheap

[Anonymous No.10097855]

Anon they bought all but a couple spots in Menlo park.

They submitted these

https://www.menlopark.org/1251/Facebook-Willow-Campus-Master-Plan

They are going to lease these two buildings when completed see last page.See 2nd page for completed building and fb already leased

https://www.menlopark.org/DocumentCenter/View/2989/Visual-Simulations?bidId=

[Anonymous No.10097871]

They are only spending money if they know they will get it back 10 fold

[Anonymous No.10098655]

goddamn
amazing
wow

[Anonymous No.10098775]

>>10096446
Anon you're right, but /biz/ is full of normies now who love Faggotbook.

[Anonymous No.10098869]

Since coinbase made over 1 billion in profit in one year, what would be the cost? 50B?

[Anonymous No.10098901]

>>10096489
the only reason

[Anonymous No.10098932]

>>10096331
NO
THEY ARE NOT
BUYING COINBASE

It's literally based on an ex-Facebook employee that are now working for Coinbase. It doesn't mean shit to anyone except the Twitter mob of retards.

[Anonymous No.10098972]

>>10096473
>Facebook also owns messenger which will one day be more popular than snapchat.

[Anonymous No.10099039]

>>10096499

Fuckin ethfinex, it’s those bitfinex fuckers who are responsible for the decline to begin with.

[Anonymous No.10099288]

IS FB BUYING COINBASE? FACEBOOK GOING TO BUY COINBASE? Facebook is getting ready to buy Coinbase? Is Facebook purchasing Coinbase? IS FB BUYING COINBASE? FACEBOOK GOING TO BUY COINBASE? Facebook is getting ready to buy Coinbase? Is Facebook purchasing Coinbase? IS FB BUYING COINBASE? FACEBOOK GOING TO BUY COINBASE? Facebook is getting ready to buy Coinbase? Is Facebook purchasing Coinbase? IS FB BUYING COINBASE? FACEBOOK GOING TO BUY COINBASE? Facebook is getting ready to buy Coinbase? Is Facebook purchasing Coinbase? IS FB BUYING COINBASE? FACEBOOK GOING TO BUY COINBASE? Facebook is getting ready to buy Coinbase? Is Facebook purchasing Coinbase? IS FB BUYING COINBASE? FACEBOOK GOING TO BUY COINBASE? Facebook is getting ready to buy Coinbase? Is Facebook purchasing Coinbase? IS FB BUYING COINBASE? FACEBOOK GOING TO BUY COINBASE? Facebook is getting ready to buy Coinbase? Is Facebook purchasing Coinbase? IS FB BUYING COINBASE? FACEBOOK GOING TO BUY COINBASE? Facebook is getting ready to buy Coinbase? Is Facebook purchasing Coinbase? Drink water.