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?
It's definitely happening, not just trollbox book-talking.
It's been heating up for a while now actually: I remember 'way back when the IRS/coinbase shit first started happening I posted somewhere that it'd serve the feds right if coinbase switched to Monero -- and at that point such a thing was more or less a total fantasy, LOL, "never gonna happen in a million years" kinda speculation talk.
This was just a couple months ago.
But then, shit started happening for real: Fluffy was invited to make a presentation to coinbase, Jaxx adding XMR got more serious, clear outta the blue XMR was added to Kraken, then after Fluffy's presentation went *really* well coinbase flat out said they're gonna be adding more alts in the coming year, and they ran an online poll for *which* coin should be next, and Monero totally dominated the poll.
So at this point it really appears to be a foregone conclusion that coinbase pretty likely WILL be adding Monero to their service soon... I'd say better than 80%+ likely unless some really unexpected event happens in the next couple months to prevent it for some unexpected reason.
At this point, it's hard to believe how quickly and massively the "stars have aligned" for XMR on this, in just the last couple months.
I'd say the vast majority of even well-intentioned Monero users (and crypto people who are only just "kinda aware" of Monero) are still probably TOTALLY CLUELESS THAT THIS IS COMING SOON.
I'd guess that this is *massively* NOT YET priced-in, at all... not by a long shot.
Probably gonna be a huge surprise when it hits, too...
