Coinbase Ramps Things Up Again
Coinbase is gearing up to list even more coins. After the recent release of BAT Basic Attention Token which we saw a massive decline in could of been just bad timing for that coin as markets where getting hit pretty heavy when it was released.
All other coins that have hit coinbase have seen massive surges and the listing announcements/speculation on these are no different.
Cardano ADA
Zcash ZEC
Stellar XLM
Have been increasing in value over the last few days (while taking a small hit today) these are the speculated coins to hit coinbase.
I will say I am a bit surprised to see some of these on the approved list since Zcash prides itself on being totally anonymous which has always been the main rejection of the SEC.
Most likely what we will see is a pump then an over bought and sell however since theses are not listed yet there is a possibility for decent gains here.
Cardano main products not even out yet...
So to burst you and many other view on zcash but zooko never prided itself as zcash being private. He always said zcash is willing to open it key to gov for high risk crimes. Zcash also has a company behind it which help it investors out and by being less private it get more exhcnages while being private enough for some dark net.
There a reason why only 10% of all darn net have zcash...
Coinbase opening up should be a catalyst over the medium term because providing options to the base of customers which add to the assets liquidity. I had the same surprise regarding ZCash but found that this assets actually has the optionality of privacy which only account for a minority percentage of its total transactions.
Steem chances are on a new level high this time :)
true steem is on coinbases list so if it gets approved I could see steem jumping pretty heavy!
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