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RE: GDAX Enables Margin Trading! / Coinbase Making Many Changes This Month / Dash Rumors- Yay or Nay?
This is actually capable of having a dramatic impact on the price. Coinbase gets a lot of influx of money into the ecosystem and with margin trading there will be bubbles.
I agree, looks like BIG-G is getting their grubby hands into the cookie jar...
lolol Possible, for sure..
Not to start any FUD...
But I am starting to diversify my BTC holdings.
1/3rd btc
1/3rd eth
1/3rd (STEEM, LTC, other alts)
The IRS is trying to get Coinbase to hand over SSNs from its users. My understanding is GDAX is part of Coinbase. Will the outcome of the IRS decision effect GDAX info also? If you are doing margin buys on GDAX, will the IRS be privy to this info?
Yeah, I'm not sure people have paid this much attention. You're absolutely correct- funny how they said it should ultimately reduce volatility, but in the short-term should drive it nuts.
Cheers, Dana.
https://www.reddit.com/r/ethereum/comments/60jl8u/vote_on_reducing_the_block_reward_is_happening/