Coinbase Bankruptcy

If you havent taken your crypto out of coinbase, you deserve everything thats about to happen.

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What do you think is going to happen when Coinbase has to process billions of dollars in withdrawals at once? They don’t have any money

over 1 month old news
faggot

god i wish coinbase would go bankrupt

What a big fud. Well, I'm not using coinbase to keep my crypto. Got my Lox on better ledger. I'm banking on their progress even in this dip

>they tell you what’s about to happen
>omg that’s one month ago
Ngmi

Is Coinbase wallet safu?
Should I move my .03BTC there?

Its going to go bankrupt. Their stock has never exceeded the IPO price.

20% down today.

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They literally had like 7 billion in casn on their balance sheet a quarter ago and don't spend any money, while making like 2% a transaction (they did 3 billion in volume the last 24 hours).

You people are fucking retarded.

when would be a good time to withdraw? and don't say today

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Before stock market open in 10 minutes.

I only keep 1000 LINK on there, should I be worried?

Should I be worried about having my cash in crypto.com?

The price of the stock has nothing to do with it going "bankrupt". They have a book Value of 29.35, how do you see them going bankrupt? What would be the catalys for this in your mind?

Now. RIGHT NOW. By the time they say shit like, "It could be unavailable for withdrawl." what they really mean is "By lunch time today withdrawing your money will be off the table. Thanks for playing."

No. They are going to go bankrupt. They have ober 4Bn in debt. They will not be able to make their debt payments if crypto keeps tanking.

Yea. Don’t worry though, I can keep them safe for you. Send them to my wallet and I’ll send you an IOU-better than money.

You're retarded I am looking at the financial statement right now, 21 billion in assets, 3.5 billion in debt

Their debt to equity ratio is 0.61. Why are you lying to people?

They owe me card rewards for weeks and their support is completely useless. If they can't fix my $30 in card rewards I don't trust them with thousands in crypto.

Oh my Lord, thank you so very very much good user. Post addresses and on top of sending you my crypto for safeguarding I'll post a pie of any flavor you might favor.
>southerner old lady here

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>21bn in assets
>crypto is tanking

You dont see a problem?

>What do you think is going to happen when Coinbase has to process billions of dollars in withdrawals at once?
They will make a bunch of money, because they charge fees. Why would they need cash to sell bitcoin, any ore than you need cash to sell botcoin. When they sell the botcoin, it turns into cash dummy. You don't need 25k in your bank account to sell 25k worth of bitcoin. What are you smoking.