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/biz/ - Business & Finance


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10061865 No.10061865 [Reply] [Original]

Facebook is buying Coinbase. Ho-lee-FUCK.

>> No.10061892

Based Zuckbra

>> No.10061895

>>10061865
Wtf I love manlets now

>> No.10061898

>literal rumors

>> No.10061907
File: 77 KB, 380x349, facebook.png [View same] [iqdb] [saucenao] [google]
10061907

>>10061865
>Ho-lee-FUCK

>> No.10061909

Leave, Cuckerberg.

>> No.10061911

Why would they pay for something they can easily build themselves?

>> No.10061945

>>10061865
Sauce now

>> No.10061955

>>10061945
https://bitcoinexchangeguide.com/new-crypto-rumor-report-suggests-facebook-is-buying-coinbase-exchange/
Buy the rumor, niggas

>> No.10061977

What if a deal is already done and that is also why they allowed back crypto ads on FB???

>> No.10061982

>>10061911
FB wants the brand, the software, the team and a hundred other one of a kind assets, if this is true.

>> No.10062036

>>10061865
I feel like it could happen but we'll see

>> No.10062059

>>10061911
Same reason they bought What's App & Instagram.

>> No.10062077

Now Zuckerberg can have your financial information as well.

>> No.10062104
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10062104

>>10061865
Remember when cuckerberg was looking into creating a Facebook crypto?

>> No.10062108

Welp, guess I have another reason to stop using Coinbase

>> No.10062124

>>10061865

Please don't happen. This wouldn't be good for BAT.

>> No.10062129

>>10061977
He's going to make his own fucking coinbase ads on Facebook screenshot this

>> No.10062174

I should've seen this coming. Isn't the director of FB engineering involved with Chainlink? Hmm

>> No.10062193
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10062193

>>10061907
HOLOfuck

>> No.10062213

>>10061865
If this happens I unironically exit crypto at a loss. I’m not going to make Zuckerberg any more $

>> No.10062239

>>10061865
not to buy into the rumor and obviously facebook is the devil....but would this not be a good way to outreach to the masses and onboard normies?

>> No.10062242
File: 136 KB, 600x600, 8DA5727F-7319-477F-9FB9-4EE32BC048FF.jpg [View same] [iqdb] [saucenao] [google]
10062242

>>10061865
>Coinbase planning go list ERC tokens
>Facebook buys Coinbase
>Facebook Director of Engineering is ChainLink advisor
>ChainLink added to Coinbase same day of mainnet release
>news headlines everywhere: “what is this chainlink thing?” “ChainLink: integrating smart contracts with the real world”, etc
>$10 end of week
>Normies begin to FOMO in
>ChainLink triggers the fabled influx of Wall St. money
>$100 by the end of the month
>ChainLink triggers the next bullrun, btc and eth immediately recover
>$1000 EOY

>> No.10062269

>>10062124
this wont be good for anyone

>> No.10062284

>>10062242

>mfw LINK will NEVER be >$1 again

>> No.10062289
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10062289

>>10061865
Uh oh. Baseless rumours of positive crypto news.
YOU KNOW WHAT THAT MEANS

>> No.10062296
File: 65 KB, 280x306, 28906961_10212779537617548_932515797_n.png [View same] [iqdb] [saucenao] [google]
10062296

>>10062242

>> No.10062355

>>10061911
for the data mining, what else would they do, it's facebook

>> No.10062583
File: 24 KB, 466x490, brainlet2.png [View same] [iqdb] [saucenao] [google]
10062583

>>10062289
>positive crypto news

>> No.10062636
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10062636

>>10062242
>mfw facebook was always /ourguys/
We will make it LINK Marines

>> No.10062666

>>10061911
Revenge against the Wrinklevoss Quintuplets who tried to steal his idea for FaceBook. You know they created Gemini, right? They thought they were finally free from Mark, nope.

>> No.10062669
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10062669

>>10062077
checked. this makes too much sense desu

>> No.10062680

>>10062666
I think the 6'5" winkelchads will prevail over that jewlet zuckernerd no matter what. tis the way of things

>> No.10062682

>>10061865
lists xrp*
heh nothing personel

>> No.10062697

>>10062666
The mark of the beast

>> No.10062699

>>10062666

Zuckercuck seems like the type of faggot who would do that just to piss the winklefags off lol.

>> No.10062784

>>10062699
>>10062666
Zuck is a money goblin. He wouldn't piss chad twins unless it made him money in the process. Btc is probably not involved though, he wouldnt add value to something he doesnt control.

>> No.10062785

>>10061911
The question is what price would they pay for something they can build themselves

>> No.10062827

>buy the rumor
>sell the news
If and when FB officially breaks the news, it will flood the market with a hundred millions of normies pumping into crypto again. bull market pump all the way up past previous ATH and the crash cycle starts again with most retarded FB norimes locking in at new ATH

buy soon and better position your assets for the next bull

>> No.10062850

>>10062242
its actually possible evan chang could be behind this

>> No.10062889

>>10062699
Rumour has it he'll be pushing Litecoin, no group of developers to tell him he can't make these changes. Zuccs LTC vs Winklevoss btc

>> No.10062975
File: 1.70 MB, 308x224, 1528427691275.gif [View same] [iqdb] [saucenao] [google]
10062975

>>10062242
Sounds legit.

>> No.10062990

>>10062850
Shhh. Delet

>> No.10063004

>>10061865
If Facebook makes a shitcoin, we goin ballz deep, right???

>> No.10063015

>>10062242
HOLY SHIT ALL IN LINKIES
THANK YOU CHINKIES

>> No.10063035

>>10062239

FB is literally the cradle of normies if true it will be huge

>> No.10063393

>>10062827
Why do you think FaceBook banned crypto ads last year?

>> No.10063409

>>10062785
why spend the same amount of money and resources building it when you can spend the same amount of money and buy it and make profits day 1? do you even business?

>> No.10063426

>>10062242
wow what a story that would be

>> No.10063438

>>10063393
because they wanted to buy coinbase for a cheaper price? idk why?

>> No.10063456
File: 39 KB, 485x443, 1529164289941.jpg [View same] [iqdb] [saucenao] [google]
10063456

So these are the reasons that there's a rumor:
>Ads ban lift
Doesn't mean anything. Facebook restricts and eases restrictions on things all the time-this just means they have the infrastructure in place to moderate these ads.
>blockchain divison
McDonalds has a blockchain division. Literally every company out there has some committee or division formed.
>Facebook Head is board member of coinbase
It's extremely common for directors or department heads to be board members across different technology companies. They often have different investments across different tech fields.

The time to buy coinbase was before 2017. They are way too costly to justify at this point. Given that there's just a handful of exchanges and it's still early on in the game, it makes no financial sense to compete with coinbase. You can set something up with far less resources than it would take to buy it at this point. The only times facebook buys anything is when it's a marketing vector or they're way too behind on it.
>>10063438
Because 99% of icos running ads were scams and they didn't want to be complicit or end up on any news stations for getting local grandma bankrupt.

>> No.10063486

>>10063456
NERD ALERT!!! Take your wet blanket and go home, fag.

>> No.10063660

>>10063456
FB bought whatsapp for 19 billion. I'm not saying this story is anything more than an unsubstantiated rumour, but it's not inconceivable. Even if it's not true ICE will most likely have some sort of exchange out before 2020. Several institutions including JP Morgan and TD also have plans to get into crypto this year. People who think this bear market will last are delusional.

>> No.10064157

Holy fuck, were onto somthing big here guys

>> No.10064172

>>10064157
continue...

>> No.10064238

>>10064172
This is some bullish news boyz

>> No.10064252
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10064252

>>10064238
i was thinking that earlier but now i need another beer.

>> No.10064367

fuckkkkkk my BAT will be worthless... unless they buy brave as well. I hope this doesn't happen even if I didn't have bat

>> No.10064449

>>10061982
>>10061911

They want the userbase.

>> No.10064529
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10064529

if this is true there will be loads of these.

>> No.10064552

>literal speculative and sad excuse for journalism

>> No.10065072
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10065072

>>10061865
So fucking stupid.

>implying Coinbase would sell

>> No.10065112
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10065112

>>10062213
>He lets personal emotions fostered by news sources affect whether he will make it or not.

Just sell now Travis

>> No.10065121

>>10063409
Because this same amount of money thing is a fantasy

>> No.10065142
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10065142

This is truly the end times

>> No.10065153

>>10061865
NONONONO
NO!
NO!!!
NOOOOOOOOOOOOO!!!

>> No.10065508

>>10062889
zucc backing ltc would be the most beta fucking thing. i can see it happening

>> No.10065543

>>10061865
Lol only idiots believe this