Coinbase Is Mispriced, Says Anthony Pompliano
6,726
Published 2024-01-23
@AnthonyPompliano #bitcoin
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All Comments (10)
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i dont think anyone understands Coinbase has their own L2 Base, is the Custody for most ETFs, and still retains majority of US altcoin trading
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When BTC is sitting around $200k coinbase will be way north of $500+
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The market is never wrong, the price is what it is, “valuation” is speculative.
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Thank You !
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Annoying pumper
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Listen to what people say but pay very close attention to what they do NOT say. With regard to Anthony, pay attention to what happened with FTX and why Anthony says nothing about it. With the Bitcoin ETF finally approved and sales underway, the defunct exchange FTX has shaken up the market by selling off one billion dollars worth of shares in Grayscale’s Bitcoin Trust. Although FTX’s 22 million shares in GBTC were appraised at a value of $597 million in a 2023 bankruptcy court, the brief spike in Grayscale’s stock price caused these shares to be worth $1 billion at time of sale. The lesson here is that if you commit fraud, you'll be $400 million richer. If you're poor and black and sell cigarettes on the sidewalk, you'll be murdered by police.
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Who else got their coinbase hacked?
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The only revolution has been the fleecing of investors . Money laundering and paying for terrorism is nothing to be proud of. COIN, to 10
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This guy is such a grifter. Nobody likes him