What news do the tides bring
Lets do a quick recap of events that I have picked up recently. There's enough doom & gloom around, so you can bet your ass that I won't be focusing on these.
Coinbase
As a surprise to the majority, Coinbase announced a few days ago, that they will be adding another coin to their short list of tradable instruments, and that coin is ETC. Really, Coinbase? The communities have been screaming for XRP and various other coins, yet they choose a coin that to most people, is dead in the water.
Personally i have no love for ETC, i have never traded it and i don't see any problems it solves. If a burning of useless coins would occur, to make room for only meaningful coins, ETC would be in that list for me. But apparently people think differently and I am in the wrong, as ETC sits on a whopping 18th place if sorted by market capitalization.
The cryptocommunities take this news differently, sparking bursts of jokes and memes:
twitter.com via Coindesk
Coinbase Index fund is open for investors to jump onboard. Accredited US investors only, atm, but if you're one of the lucky few, you can trade a weighted basket of various cryptocurrencies, including the newly-added Ethereum Classic.
If you think that you can just strut over and start trading that, think again. Minimum investment requirement is $250 000 and runs up to $20 mil. Like we have discussed - shouldn't be a problem for you rich crypto lot :)
Coinbase is working hard to broaden the list of instruments that are tradable, to create more baskets and open for more investors worldwide.
Fun with John
Screengrab from John Mcafee's official Twitter account
I never get tired of John McAfee, as his predictions are wild and crazy and his shills are so obvious. After his latest announcment of McAfee coin, he is predicting the price of Bitcoin again.
According to a conversation on Twitter, McAfee says Bitcoin will reach $15 000 by end of July 2018 at the latest.
Follow the above link to read more about his prediction. I have only one question to McAfee:
How do you like your sausages, John?
img credz: pixabay.com
And to end the post, I forward this unknown artist's depiction of far (or not-so-far) future. Always nice to see these extreme predictions, but if we even manage a small fraction of it, the future looks bright.
Materials:
ethnews.com
coindesk.com
coinmarketcap.com
blog.coinbase.com
am.coinbase.com
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I like Coinbase. I hope XEM gets added now that Japan is getting the exchange. I'm a believer in XEM and hope Coinbase can help it reach more people.
min investment is 250k.
Holy fuk
Coins mentioned in post: