Coinbase launches Coin50 index as crypto version of S&P 500

Wylder said:

douglasstem said:
A coin10 would be enough…

A coin1 is enough

I agree. People say crypto is a scam, but I think the real scam is claiming it’s anything more than Bitcoin. Altcoins just ride on Bitcoin hype and the hope it becomes as wild as the latest meme coin.

@Zayden

latest meme coin

https://top100token.com/address/0xa9bd591529cea30fc3815fc130f67e38073e175a

Wylder said:

douglasstem said:
A coin10 would be enough…

A coin1 is enough

Yeah, when did something already at the top (top 50) outperform BTC/USD long term. You need the next 49 coins to beat BTC for this to be good. You might as well just buy BTC.

douglasstem said:
A coin10 would be enough…

Coin1

douglasstem said:
A coin10 would be enough…

I’m all in on coin1

douglasstem said:
A coin10 would be enough…

It should be Coin Shifty for the bad coins.

douglasstem said:
A coin10 would be enough…

Coin2

Here’s the short version Coinbase has launched Coin50 Index, a crypto version of the S&P 500, to give a clear view of the crypto market. The index includes Bitcoin and the top 49 cryptocurrencies by market cap, offering a broader look beyond Bitcoin. The goal is to help investors track trends and identify prices. It will be rebalanced quarterly and isn’t available as an investment product in the U.S. due to regulations. Coinbase wants Coin50 to be a key reference for the growing crypto world.

This summary was generated by a bot and isn’t a replacement for reading the original article. Always do your own research.

Not available for folks in the US.

Charlotte said:
Not available for folks in the US.

Luckily we can track manually, but it’s a hassle.

Charlotte said:
Not available for folks in the US.

I hope Trump can fix this!

… first impression is this seems a bit strange, especially since the market has been all about coin2 for years.

lanceonset2 said:

Charlotte said:
Not available for folks in the US.

I hope Trump can fix this!

Haha so true

I figured this would be the next move. I need to get this in my tax-sheltered account.

Lael said:
I figured this would be the next move. I need to get this in my tax-sheltered account.

What do you think is next oh wise one

NickelNegotiator3 said:

Lael said:
I figured this would be the next move. I need to get this in my tax-sheltered account.

What do you think is next oh wise one

$100k. That was easy.

Lael said:
I figured this would be the next move. I need to get this in my tax-sheltered account.

Is ‘sheltered’ the new word for ‘evasion’ now?

Dell said:

Lael said:
I figured this would be the next move. I need to get this in my tax-sheltered account.

Is ‘sheltered’ the new word for ‘evasion’ now?

It’s called avoidance, and it’s perfectly acceptable. That’s what pensions are for.

Dell said:

Lael said:
I figured this would be the next move. I need to get this in my tax-sheltered account.

Is ‘sheltered’ the new word for ‘evasion’ now?

There should be provisions by your tax agency allowing contributions with tax shelter or deferment.

I guess no one read the article…

“The index will be an investment product too, but it’s only available to eligible traders outside the U.S. because it’s a perpetual future—a type of derivative contract, like call or put options, that doesn’t expire and isn’t available in the U.S.”

This isn’t for you retail investors.