Quote from: CoinbaseVC on March 05, 2015, 10:34:52 AM

Quote from: The Degentleman on March 05, 2015, 10:30:17 AM

Not exzactly sure what you are getting on about with this post. Care to explain further?

Sure.

1. A lot of people were really excited about Coinbase regulated exchange, based on some poster here it's the exchange that was supposed to bring Wall Street in, and they were taking the VC money ($75 million) in Coinbase as some guaranteed that bitcoin will greatly appreciate in value because of that. I simply show that Nobody is using Coinbase as of now, the Bid sum (amount of fiat sitting on the exchange waiting to buy BTC) is very low.

2. Venture capital money shouldn't be taken as some guarantee, because there are notable examples of huge bankrupcy fails in history even when the companies were backed by Microsoft, Visa, ecc. It didn't help.

I think Wall Street can afford to speculate with $75mil, even if they lose ALL of that, they might be ok!
Having a regulated exchange is best for the small users who need to be able to trust that their money and data is safe, not like with Mt. Gox