Coinbase has received skepticism because of the current sensation surrounding cryptocurrencies.The "Wild West" nature of crypto is seeing a lot of scams appear on the market, which is distracting from what is really happening.Coinbase is growing, profitable, and is priced reasonably after the pullback it has seen.However the long-term investor should look at what is possible for Coinbase, and not base a thesis solely on the transaction fee reliant business it currently is.