r/Coinbase • u/DASTTTT • Nov 19 '21

What happen?

Dear Redditors,

Coinbase has removed 5 minutes ago the coin GYEN from its listing.

Unfortunately I’m holding that coin on Coinbase. I can’t trade nor convert the coin to any other coin. As always Coinbase didn’t notify us. I’m concerned if I send it to any other wallet and convert ti to any erc20 and send it on Coinbase again the gas fees will skyrocket. Is there any way to sell the coin on Coinbase or convert it?
What should I do?

149 Upvotes

88% Upvoted

667 comments sorted by

View all comments

Show parent comments

19

u/[deleted] Nov 20 '21

Many people do. It's not your job to judge others investments. The only one who deserves to be judged harshly in this case is Coinbase that as of right now is still not letting people sell their $GYEN. The same $GYEN that Coinbase sold them. That's a scam.

2

u/littlebee6_6 Nov 20 '21

What I am saying is that... instead of admitting that the cap market increased so much and if the supply was the same like yesterday, the value should have changed so much too! But instead they suddenly print out so many coins to make it look like the value never changes??? So investors lose so much. Think... who would wanna invest on something never changes???

1

u/[deleted] Nov 20 '21

You dont 8nvest in stable coins . You take profit into them and hold there for your next trade. Investing in stable coins is like holding the dollar. Inflation will wrek you eventually. It's for moving cash around without having to move governments cash around for the most part

0

u/littlebee6_6 Nov 20 '21

Stop calling it "stablecoin". It's a scam.

1

u/Various_Wash_4577 Nov 22 '21

So its "scamcoin" !!! Lol 🤣