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Which Ethereum Is On Coinbase

What Is Ethereum? - Coinbase

What Is Ethereum? - Coinbase

Ether is a digital currency used for operating smart contracts on the Ethereum network. Like Bitcoin, the Ethereum network and Ether tokens are not controlled or issued by any bank or government - instead it is an open network which is managed by its users. Ethereum has been deployed in different phases. Currently the Ethereum project is in the 2nd phase, called “Homestead”. The 4 planned phases for the growth of the Ethereum network are, in order: Frontier, Homestead, Metropolis, and Serenity. Ethereum Homestead clients are working smoothly after being in beta for several months without any major incidents. However, Ethereum is still an experimental technology. Since it allows for programs to run on a virtual machine, it’s still possible that some things may still go wrong, such as poorly written smart contracts that contain bugs. While Bitcoin allows you take part in a global financial network, using Ethereum you can participate in a global computational network. This is done by means of smart contracts, which are scripts of code that can be deployed in the Ethereum blockchain. Although smart contracts are still a very new technology, they have a wide range of potential applications in many different areas, such as voting, global supply chains, medical records, the financial system, and possibly others that have yet to be discovered. The value of Ethereum is not tied or pegged to the value of any other currency. Similar to stocks or property, Ethereum's value is determined by buying and selling in the open market. The price of Ethereum changes in real time based on the number of people who want to buy or sell it at a given moment. Ethereum is traded for bitcoin, dollars, euros, yen, and other currencies in real time 24 hours a day. Depending on the demand for b Continue reading >>

How To Invest In Ethereum (and Is It Too Late)

How To Invest In Ethereum (and Is It Too Late)

Home How To Invest In Ethereum (And Is It Too Late) How To Invest In Ethereum (And Is It Too Late) Ethereum has become a popular cryptocurrency alternative to Bitcoin over the last year. However, unlike Bitcoin and rival currency Litecoin, Ethereum has been adopted by many companies and startups as a way to transact (and more). In the cryptocurrency wars, I like to view Ethereum like the diamond of the currencies - it has both a intrinsic value and an industrial value. Compare this to Bitcoin, which operates like gold - not much industrial value, but people buy it and sell it based on it's intrinsic value to the holder. Given the popularity of Ethereum, many people are curious about what it actually is, how it's different than Bitcoin, and how to invest in it. It's also important to note the risks of investing, and the potential to mine it and create your own wealth of Ether (the actual monetary unit of Ethereum ). Before we dive in, it's important to note that to look at, use, and transact in Ethereum, you need a digital wallet. We recommend Coinbase because it's free, has a great app, and they give you a bonus for depositing $100 . Check it out. Ethereum is basically software that is decentralized and allows developers and programmers to run the code of any application. Wait, what? I thought Ethereum was money... well it has a monetary aspect. You see, Bitcoin uses a technology called blockchain specifically for conducting monetary transaction - it's a straight currency. Ethereum uses blockchain technology to allow the creation of applications that can be executed in the cloud, can be protected from manipulation, and much more (some stuff getting too technical for me here). However, a bi-product of this is that Ethereum uses a token called Ether, which is like Bitcoi Continue reading >>

Coinbase Halts Litecoin And Ethereum Transactions

Coinbase Halts Litecoin And Ethereum Transactions

Coinbase Halts Litecoin And Ethereum Transactions Samuel Rae December 12, 2017 2:45 pm Coinbase just halted Litecion and Ethereum buy and sell transactions, seemingly driven by the huge volume seen in each over the last twenty-four hours. Digital wallet company Coinbase just announced on its status page, here , that as of 11:04 PST, Ethereum buys and sells are temporarily disabled. At the same time, the company is reporting that Litecoin buys and sells are temporarily disabled, although this news is delivered by way of a yellow notification bar at the top of a users screen when accessing the Coinbase platform, as opposed to through its official status page, as illustrated by the Tweet below (courtesy of user @CryptoRedPill ): I don't use @coinbase but come on.. You can't just block people from selling when the price is high like some shady brokerage firm from the 80s. Unacceptable. pic.twitter.com/nVC4cbZOtc Morpheus (@CryptoRedPill) December 12, 2017 As of right now, the exact reason behind the trading halt is unclear. However, its not unreasonable to assume that the move comes as a direct result of the dramatic increase in price (and, at the same time, volume) in both of the affected cryptocurrencies over the last twenty-four hours or so. As reported by CoinMarketCap, Ethereum did close to 270,000 BTC in volume over the last twenty-four hours (more than $4.7 billion), while Litecoin saw volume of just shy of 445,000 BTC (around $7.775 billion) across the same period. Reuters is suggesting that there may be some form of DDOS at the root of the problem, although this seems second in probability to an increased transaction demand based on the increase in volume outlined above. GDAX is reporting a degraded performance on the Ethereum network but looks to be fully operati Continue reading >>

Amazon.com: Coinbase Bitcoin/ethereum Price: Alexa Skills

Amazon.com: Coinbase Bitcoin/ethereum Price: Alexa Skills

By enabling, this skill can be accessed on all your available Alexa devices. Alexa, ask coin base how much is bitcoin? Alexa, give me realtime bitcoin price from coin base. Alexa, ask coin base how much is ethereum? Check Realtime bitcoin and ethereum price from coinbase's market. This skill contains dynamic content, which is content that is updated real-time based on inputs from the developer. English (CA), English (GB), English (IN), English (US) To use this skill in a different language, you can change the device language in your device settings. 4.0 out of 5 stars LTC and popular ICO price The skill is neat. However would like to see other popular digital currencies such as LTC Bitcoin cash and popular ICO prices I'd like to have shorter options along with the longer options. When I ask a price I just want to hear the price , not what I can buy or sell it for. That should be additional rewuests Continue reading >>

Coinbase - Wikipedia

Coinbase - Wikipedia

July2, 2011; 6 years ago(2011-07-02) [1] Coinbase is a digital currency exchange headquartered in San Francisco, California . They broker exchanges of Bitcoin (), Ethereum (), Litecoin () and other digital assets with fiat currencies in 32 countries, [9] and bitcoin transactions and storage in 190 countries worldwide. [10] [11] [12] [13] Coinbase was founded in July 2011 by Brian Armstrong and Fred Ehrsam. [7] [14] It enrolled in the Summer 2012 Y Combinator startup incubator program. In October 2012, the company launched the services to buy and sell bitcoin through bank transfers. [15] In May 2013, the company received a US$5 million Series A investment led by Fred Wilson from the venture capital firm Union Square Ventures . [16] In December 2013, the company received a US$25 million investment, from the venture capital firms Andreessen Horowitz , Union Square Ventures (USV) and Ribbit Capital . [17] In 2014, the company grew to one million users, acquired the blockchain explorer service Blockr and the web bookmarking company Kippt, secured insurance covering the value of bitcoin stored on their servers, and launched the vault system for secure bitcoin storage. [18] [19] [20] Throughout 2014, the company also formed partnerships with Overstock , Dell , Expedia , Dish Network , Time Inc. to power accepting bitcoin payments. [21] [22] [23] [24] [25] The company also added bitcoin payment processing capabilities to the traditional payment companies Stripe , Braintree , and PayPal . [26] In January 2015, the company received a US$75 million investment, led by Draper Fisher Jurvetson , the New York Stock Exchange , USAA , and several banks, "apparently the first time any traditional financial institutions have taken direct stakes in a bitcoin enterprise". [27] Later in Jan Continue reading >>

Coinbase Adds Support Forethereum

Coinbase Adds Support Forethereum

We are pleased to announce that Coinbase is adding support for Ethereum. Consumers can now easily buy, sell, send, and store Ether in their Coinbase account. To get started, visit the “ Trade ” page on Coinbase.com or tap on “Buy” or “Sell” options in our iOS or Android apps. There has been a lot of activity in Ethereum recently: the largest crowdfunding in history (The DAO), the subsequent attack on The DAO, and a resulting hard fork. Ethereum is still in an early and experimental phase, and as it matures will likely evolve to serve a different purpose than Bitcoin. In the meantime, Ethereum is pushing the digital currency ecosystem forward and we are excited to support it as part of our mission to create an open financial system for the world. In May, we added Ethereum trading on GDAX , our professional digital asset exchange. With the addition of Ethereum on Coinbase, consumers in 32 countries can acquire Ether and take part in an open financial system facilitated by Ethereum and Bitcoin. Finally, we recently announced the Coinbase Buy Widget , a tool for trusted partners to embed Coinbase’s buying service within their sites and apps. The Coinbase Buy Widget now also supports ETH purchases in addition to BTC. To learn more about Ethereum, please visit our page about Ethereum and check out this post by our co-founder Fred Ehrsam. Your feedback is important to us. Feel free to reach out to us at our Community Forum . If you don’t have a Coinbase account, sign up here ! Continue reading >>

What Is Coinbase? - Ethereum Stack Exchange

What Is Coinbase? - Ethereum Stack Exchange

What is the ethereum coinbase? I understand it is an account, but what makes it different? Is it the same as Etherbase? I've read it's the "default account for your console session." Does that mean, when I interact with a dApp in Mist, this is the account Mist presumes I'm interacting from? Does this imply that coinbase is a status that can be set to different accounts (but only one account at a time)? Crypto currencies and blockchains in general allow you to work with arbitrarily many accounts at the same time. However often people want to have a default/primary account (e.g. miners have a designated mining address, average users will usually use one particular account even if they have multiple one for other purposes). Coinbase or etherbase (they are the same thing) is just this. However to keep it simple and less surprising, your coinbase account is actually the first account in your keystore (i.e. in theory the first account you ever created). You can manually set your etherbase to a different account if you reorder them (i.e. rename) in your keystore folder (btw, Geth 1.3.x requires a specific (relatively strange) key naming convention, but 1.4 onward will be able to use arbitrarily named keys from the keystore folder). Continue reading >>

Coinbase - Buy Bitcoin & More

Coinbase - Buy Bitcoin & More

For free $10, enter "Cobasebonu" in Google before signing up. This is an official promotion for new users of Coinbase. Over the years the app has gotten better and better. This is by far the best coin wallet I've downloaded and I have gone through quite a few. Beautifully intuitive I remember when buying bitcoin was like circumnavigating a labyrinth. No more! The speed and intelligence the bitcoin network is being expanded is staggering and Coinbase is the bedrock that seems to offer more people the chance to play in this strange and wonderful modernity. This is a brilliant app that is the gateway between whatever local currency you use and the world of crypto currencies. Buying and selling is easy and simplified. Finding your wallet addresses could be a bit more intuitive but in the end it's the best full service bitcoin wallet and exchange app on the market. Currently, you can send value to any Bitcoin, ETH or LTC address anywhere in the world. It cannot be used for trading. If you are a newbie and all you do is buy and hold, do not sell until you have made enough appreciation for whatever your goal may be. Use TWO FACTOR AUTHENTICATION to make your Coinbase holdings more secure than your regular online banking the Coinbase app will point you in the right direction. The only complaint I have is that I can't add my AMEX as a purchase option. I have a request in to support to find out why. I would love to be a beta tester and test all the future features. My account was closed for what seemed to be no apparent reason and I was forced to send my Bitcoin and Etherium to a new wallet. Later that day I received an email that said: Upon careful review, we believe your account has engaged in prohibited use in violation of our Terms of Service and we regret to inform you that Continue reading >>

Coinbase Suffers Outage As Litecoin And Ethereum Trading Heats Up

Coinbase Suffers Outage As Litecoin And Ethereum Trading Heats Up

Coinbase Suffers Outage as Litecoin and Ethereum Trading Heats Up By Rakesh Sharma | December 12, 2017 3:11 PM EST Hydropower: The Key to Bitcoin Mining in the Future? In a sign of the heated market for trading in Litecoin and Ethereum, U.S. exchange Coinbase was forced to temporarily halt trading for both currencies this morning. Litecoin and Ethereum have registered phenomenal gains in the last couple of days. For example, Litecoin's price was up by more than 90% and was trading at $341.72 in the last 24 hours, as of this morning. Meanwhile,Ethereum was up by 31% and set a new record on $623.07. At 17:03 UTC on December 12, Litecoin was at $326.36, up 67% from its price 24 hours ago, and Ethereum was at $604.80, an increase of 26.86% during the same time period. (See also: Is Litecoin The Future Of Cryptocurrency? ) It is still unclear whether trading has resumed in both digital currencies. According to the app, the problem with Litecoin and Ethereum trades was "investigated" at 7:39 PST(10:39 EST) and"resolved" at 9:01 PST (12:01 EST). Another incident impacting Ethereum trades is listed as being investigated at 11:04 PST (14:04 EST) and resolved at 11:45 PST( 14:45 EST). But the exchange still listed status for both cryptocurrencies as Major Outage on its website, as of this writing. In the meanwhile, trader response to the outage ranged from incredulity to anger as the outage deprived them a valuable opportunity to profit off the increase in both cryptocurrencies' prices. It will be interesting to see the effect of the outage on trading volumes for Litecoin and Ethereum, especially since Asian traders seem to be the primary drivers behind the projectile increase in both cryptocurrencies'prices in the last couple of days. Yall cant verify my ID, cant buy LTC or ETH Continue reading >>

Buy Bitcoin/ethereum In Singapore - Coinbase

Buy Bitcoin/ethereum In Singapore - Coinbase

Coinbase, headquartered in San Francisco, has become one of the most prominent businesses, allowing people to buy and store bitcoins and developing deals with merchants to help them carry out bitcoin transactions. One of the first steps, however, is getting Bitcoin into the hands of more people, and companies like Coinbase along with other exchanges that accept multiple currencies are playing a big role in expanding the virtual currencys network. Coinbase has done a good job of simplifying bitcoin use. To pay for sushi at a local shop, I used the Coinbase app on my Android phone to scan the QR code presented by my server. Continue reading >>

Coinbase Review: Is Coinbase A Safe Way To Buy Cryptocurrency?

Coinbase Review: Is Coinbase A Safe Way To Buy Cryptocurrency?

In 2012, Coinbase was launched in San Francisco, California. Since their launch, theyve served over 8 million customers and helped users exchange over $20 Billion worth of digital currency. Currently users from32 countries can use their services, including the United States. Coinbase operates differently from traditional cryptocurrency exchanges. Instead of requiring users to trade on a market, Coinbase directly sells cryptocurrency to users at a set price (based off the current market price). This allows users to buy their cryptocurrencies more quickly than on an exchange. It also allows them to accept credit cards (in addition to bank transfers), something few exchanges offer. After users have verified their Coinbase accounts, they can then purchase cryptocurrency instantly. Fees range from roughly 1.49% to 3.99% fee, depending on your payment method. Credit cards come with the higher fee, due to the fees charges by credit card companies and risks of fraudulent chargebacks. This means you can save around 2.5% by using bank transfers. These fees are lower than other competitors who directly sell cryptocurrency to their users ( Coinmama , CEX.IO ). Coinbase allows its users to buy and sell three of the most popular cryptocurrencies; Bitcoin, Ethereum, and Litecoin. While they plan to add more cryptocurrencies in the future, youll currently have to look elsewhere if you want to buy other altcoins . How to Use Coinbase to Buy Cryptocurrency In this step by step guide, Ill show exactly how to buy cryptocurrency through Coinbase. The first step is to create an account. Initially you will only be asked for your name, email, password, and state. After you confirm your email address, you will be taken through a 4 part process to buy. Choose whether you want to create an indiv Continue reading >>

Best Ethereum Wallet (2018 Update) 5 Options Reviewed

Best Ethereum Wallet (2018 Update) 5 Options Reviewed

Last updated on November 24th, 2017 at 08:15 am Ethereum, the blockchain platform that allows smart contracts, is becoming more and more popular.Since the beginning of 2017 the price has spiked from $8.22 to around $50. Ive covered how to buy Ethereum in a previous post but thats only part of the process. Today I want to cover 5different types of Ethereum wallets so you will know where to store your Ethereum. Ethereum is a very technical currency (even more than Bitcoin), therefore most wallets out there arent newbie friendly. I will go over them from the simplest to the most complex so you can choose the one that is best suited to your knowledge level. Hardware wallets Best security (for a price) If youre serious about securing your altcoins I suggest storing your Ethereum on a hardware wallet. However these hardware wallets arent free and cost anywhere between $50-$100 (shipping not included). Todays leading hardware wallets TREZOR , Ledger and KeepKey all supply you with the option to store Ethereum on them. Instead of explaining about each one Ill just link to my previous reviews on the wallets: Personally, I use a TREZOR but all three are excellent choices for maximum security. Coinbases Ethereum wallet The simplest option Coinbase supplies an Ethereum wallet as well as a Bitcoin wallet. Coinbases wallet is simple to set up and very easy to use, however it has a few limitations youll need to be aware of: The company holds the private key ofthe wallet for you. This means youre not in control of your funds and Coinbase can decide to shut down your account if they want to. There were cases in the past that Coinbase shut down user accounts do to illegal activity. The Coinbase ETH wallet doesnt support ETC (Ethereum Classic). For a simple explanation about ETC vs ETH r Continue reading >>

Coinbase Bug Allowed Users To Give Themselves Unlimited Ether

Coinbase Bug Allowed Users To Give Themselves Unlimited Ether

Coinbase Bug Allowed Users to Give Themselves Unlimited Ether Coinbase, one of the worlds most popular cryptocurrency exchanges, has apparently had a nasty bug lurking in its system that would allow users to collect unlimited ether through a few simple steps. Thanks to a bug report, however, the company avoided disaster. VI Company , a Dutch firm specializing in FinTech, publicly disclosed the vulnerability on its HackerOne account on Wednesday. According to the report, a string of digital wallets controlled by a smart contract could be manipulated to trick Coinbase into believing a transfer had occurred. The issue was first reported in late December, and Coinbase responded on January 25th saying the issue had been resolved and that the company would be rewarded with a $10,000 bounty. Smart contracts have been touted as one of the main arguments for why the Ethereum blockchain technology could have more potential than Bitcoin. In the most basic terms, a smart contract is a set of if/then conditions regulating the transfer of cryptocurrency funds. VI Company wanted to give its employees a unique Christmas present last year, and familiarize them with smart contracts. It set up a smart contract that would distribute a small amount of ether to everyone on Christmas Eve, Christmas Day, and Boxing Day. But it noticed something weird. The people handling the project realized that if one of the internal transactions of the contract failed, all the transactions were reversed, which is how the smart contract should work. But Coinbases internal accounts didnt register the reversal. So, Coinbase thought the wallet had been credited with additional ether, but checking the wallet outside of Coinbase showed that no deposit had occurred. VI Company uploaded screenshots of its transact Continue reading >>

Ethereum Crash: Why Some Coinbase Traders Lost Big | Fortune

Ethereum Crash: Why Some Coinbase Traders Lost Big | Fortune

The white hot cryptocurrency Ethereum went on a wild ride on Wednesday, plummeting from around $320 to around 10 cents in a so-called flash crash. The price soon recovered but not before some investors took a terrible bath and some others made out like bandits. Ethereum, a popular new digital currency, trades on exchanges much like its older rival bitcoin. The most widely-used exchange, Coinbase-owned GDAX , operates like a traditional stock exchange, and lets traders buy stock on margin and place so-called stop loss ordersan automated instruction to sell if the price falls below a certain point. As Adam White, the VP of GDAX, explained in a blog post , one investor placed a multi-million dollar Ethereum sell order at 12:30 p.m. on Wednesday. The size of the order caused the price of the currency, which is already volatile, to dip. Things started to go really haywire, however, as the price dip triggered a series of stop loss orders. This slippage started a cascade of approximately 800 stop loss orders and margin funding liquidations, causing ETH to temporarily trade as low as $0.10, White explained. In other words, the computers executing the stop loss orders began to sell at all costs and, so long as there was someone on the other side to match the order, the trade went througheven if the price was totally irrational, and driven only by an algorithmic frenzy. Continue reading >>

As Bitcoin Soars, So Do Coinbase Customer Complaints

As Bitcoin Soars, So Do Coinbase Customer Complaints

As Bitcoin Soars, So Do Coinbase Customer Complaints Feb 16, 2018 at 05:00 UTC |UpdatedFeb 18, 2018 at 10:07 UTC It was around midnight, January 31, when K. received an email from Coinbase containing a 1099 tax form.That was strange enough - K. certainly didn't expect a cryptocurrency exchange to be a conduit for government documents. Then K. looked at how much Coinbase said he owed money on: $2.4 million. "I initially freaked out, considering I've probably put in a max of $8,000 into Coinbase and somehow I may be liable for millions?" K. said in an online chat with CoinDesk. The next business day, K. called Coinbase customer support, only to have a representative tell him he couldn't answer the details on the phone, and to email the company instead. Which he did, only to get a formulaic response showing the IRS guidance to Coinbase. To this day, K says he has no idea where the $2.4 million figure came from. He says he is too busy to jump through more hoops with the largest exchange in the U.S., and that he feels safe in the knowledge that he doesn't have to pay taxes on $2.4 million in earnings, since they don't exist. K. is far from alone in wrestling with an apparent misfire from Coinbase. In recent weeks, complaints have been piling up on a Reddit page dedicated to the company. The issues mentioned are wide-ranging: missing wires, unreleased bitcoin, disabled accounts. The top posts on the page over the past month look like this : A representative for Coinbase said the company was unable to comment on the complaints. Stepping back, as crypto values spiked during the recent run-up, several major exchanges heaved under the weight of new demand. Kraken, the third-largest exchange in the world, suffered an outage earlier this year that was supposed to take two hours bu Continue reading >>

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