None of the solutions above worked for me, I had to uninstall coacoapods, then installed a specific version before everything worked for me
sudo gem uninstall cocoapods
then
sudo gem install cocoapods -v 1.7.5
now even verbose shows progress
$ pod setup --verbose
Setting up CocoaPods master repo
Cloning spec repo `master` from `https://github.com/CocoaPods/Specs.git` (branch `master`)
$ /usr/bin/git clone https://github.com/CocoaPods/Specs.git --progress -- master
Cloning into 'master'...
remote: Enumerating objects: 295, done.
remote: Counting objects: 100% (295/295), done.
remote: Compressing objects: 100% (283/283), done.
Receiving objects: 20% (744493/3722462), 132.93 MiB | 567.00 KiB/s
pod update
, likefatal: ambiguous argument 'HEAD': unknown revision or path not in the working tree
. Just had torm -rf ~/.cocoapods
before executing the suggested commands. – Galleon