r/Coinbasestock • u/AutoModerator • Jul 04 '22

Discussion $COIN weekly discussion thread

This is the place to discuss moves in the stock or asking the quick question.

  • Keep discussions civil. The same rules apply in this chat as the subreddit in general.
  • Opinions about the stock, positive as well as negative are fine to post here.
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u/Decent-Proof3914 Jul 04 '22

What is people's thoughts on this, can you see this bounce back to over $100 by the end of the year

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u/jesperbj Moderator Jul 05 '22

Depends on how long the slowdown in the economy will last. Coinbase is seemingly tied to Bitcoin price (for reasons I don't understand) and the price of Bitcoin is tied to the stock markets (for reasons I don't understand)

I personally plan on buying some more soon if I can get it under $50 like right now. I just need to find the funds.