Coinbase - Product Stars
Best products of October 2018

Coinbase

digital wallet to buy, use, and accept bitcoin

Upvotes 119 PH Page >
Nathan Bashaw
Coinbase has been around for a bit, but today they just announced a new round of funding from Andreessen Horowitz!
Adam Kazwell
Hunter
This "new" game is a challenging one :) With the site so far it seems like it's been a combination of products that are truly new/yet to launch and products that are great and under the radar and hence might seem "new" to some. Is it your preference to avoid postings from the latter group and only focus on the truly new? cc @nbashaw @rrhoover
Nathan Bashaw
I think the PH sweet spot is "just launched today, totally awesome!". Where it gets really tricky is with products that have been around for awhile (more than 9mo) but many people probably don't know about yet. For some people a company may be really old news (like for me, coinbase, because I've known Brian since he was an engineer at airbnb) but for others that same company may be completely new. I guess when we have more liquidity with voting this would take care of it. It's just a tricky balance
Adam Kazwell
Hunter
Also, what's the cutoff for when something is no longer new? A week old, a month old? Technically something like Pinterest was old even when it was discovered by silicon valley...so in a similar scenario should that old (but new to me) startup not be posted to PH?
Nathan Bashaw
The goal is to mainly present things that are both 1) interesting, and 2) new to most people viewing product hunt. 1 is subjective, but that's what votes are for 2 is impossible to determine beforehand, but it basically comes down to a judgment call. A good proxy might be to see if this product release has gotten press on popular tech blogs before. What I mean by product release - everyone here has probably heard of instagram, but before today most of us didn't know about instagram direct. That's why ig direct was a good post. Raising a round of funding doesn't really affect the product. If Coinbase had just released some significant new update to their product, then this would have been perfect for Product Hunt. Does that make sense?
Ryan Hoover
I completely agree with @nbashaw and to put it another way, Product Hunt is the place to discover new and "undiscovered" products worth sharing. A product released a year ago may be unknown but extremely interesting or valuable to the community. Snapchat is a good example of a product that few people (at least in most social circles, including SV folks) knew about until ~1 year after its initial launch. But of course, it would have been a killer discovery and fun product to discuss well after its launch, before it became mainstream.
Kevin Li
@rrhoover but the problem is when arj and i found out about snapchat most of the peeps in the community would have been appalled (camgirl heaven < 10k users yo)
Nathan Bashaw
@liveink that seems like a problem that most apps probably won't have :P
Kevin Li
lol
Adam Kazwell
Hunter
@nbashaw @rrhoover I hear what you're saying, but that "undiscovered" bar is a really tricky one. Coinbase was new to me a week ago and I just got around to posting it after I saw the funding news. Some may think that it's such old news, but a potentially equally large audience (even among early adopters) may be hearing about it for the first time with the funding news if they don't follow the bitcoin space closely. It's very difficult to make a guess at what undiscovered products are worth sharing...some of the apps/sites like Captio, Newsle, Typeform, and Sketch have been out for months/years - and yet they've received a lot of votes on this site. So I'm confused as a user what's new vs. old, discovered vs. undiscovered. Of course with time this will become more obvious, but currently the site's giving me some mixed signals :) All that said, this is just my opinion - maybe its clearer to the rest of the community.
Kevin Li
@adam i know that feelz
Kevin Li
@rrhoover one way to do it might be to add official launch dates as meta data
Ryan Hoover
@liveink - yeah, that would be nice. Not sure how to do it in an automated way for products (most data sources like crunchbase do this for startups). If you have any ideas, let me know!
Kevin Li
i can think of a few ways =), lemme know when you want to meet up
Ryan Hoover
@liveink - I'll msgme you :)
Kevin Li
k
Ryan Hoover
Excellent Foundation interview with @kevinrose and @brian_armstrong posted yesterday - http://techcrunch.com/video/coinbase-founder-brian-armstrong-on-bitcoin-security-foundation/518053205/
Ryan Hoover
Coinbase just released a point of sale app so any retailer can accept Bitcoins - http://thenextweb.com/insider/2013/12/30/coinbase-launches-point-of-sale-app-to-let-physical-retailers-accept-payment-in-bitcoin/ (via @philtoronto)

Buy and Sell digital currency

Coinbase is the world’s most popular way to buy and sell bitcoin, ethereum, and litecoin.

Mobile Mobile Apps

Our popular wallet works on your Android or iPhone in addition to your web browser.

We store the vast majority of the digital assets in secure offline storage.

Digital currency stored on our servers is covered by our insurance policy.

Invest in digital currency slowly over time by scheduling buys weekly or monthly.