E territory, questions linger as to whether the bears, who view Coinbase stock as a value trap, or the bulls, are right. Indeed, Coinbase is quite a battleground stock, and the forward-looking nature of its industry does analysts no favors when they attempt to evaluate the financials. Respected short-seller Jim Chanos recently targeted the company for "over earning," also citing that margin pressures could be up ahead. There's no denying that.