So, someone just stated in the Polo trollbox that CoinBase had announce Monero support which has started a nice little uptick in pricing. I can't find any evidence to prove it so, I'm sure it was someone just talking their book.
Anyway, the question I have is if/when they do add USD/XMR pair how many Monero will they have to have on hand in inventory to even start trading? I would think it would be substantial, so shouldn't we expect that they are looking to accumulate now or at least soon if they haven't already started?
Thoughts?
I'd be very surprised if Coinbase announced XMR adoption now, and at least for a few more months. They would be advised to ride the downtrend to find the bottom and accumulate accordingly.
Gut feeling says that Monero and Litecoin will be announced together, probably in March sometime.