Robinhood popping up in other countries. Looks like they are doing a global push.
Honestly good for them. Competition in the brokerage space is a great thing. The only thing though, I hope they stick with just Bitcoin and ETH. If they start adding other shitcoins it'll just go downhill from there. "While Robinhood customers will only have access to bitcoin and ethereum trading, effective immediately, the company will let customers add 16 different cryptocurrencies (bitcoin and ethereum included) to their "watchlist," a feature allowing them to monitor market data, read related news and create price alerts. Other coins that can be added to the watchlist are bitcoin cash, litecoin, XRP (Ripple), ethereum classic, zcash, monero, dash, stellar, qtum, bitcoin gold, omisego, NEO, lisk, and dogecoin. For now, Tenev isn't revealing any possible plans to start trading those other currencies, however, he said that a "listing committee" had been established to analyze factors such as security, functionality and demand to assess cryptocurrencies that could be added to the trading functionality or the market data list." Source: www.coindesk.com/micro-finance-giant-robinhood-makes-big-bet-on-bitcoin-trading/amp/ |
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In the end, it's all a gamble, I just like the odds better on some of them that few people see for now (then everyone else will see it and have their "Napster" moment, that one dies and gets "torrented", but the world changes anyway.)
Mostly is that latecomers feel that btc can hardly make another 10X+ from current levels, so they end buying lottery tickets priced $1 or less to have their chance for a 100-bagger, without even looking at the monetary base or any other technical spec of their tickets. I feel like this is the *real* reason. The delusion these people feel is trying to justify the "reasons" why they are doing it, but they can't ignore the underlying reality. Also, will it surprise them when Bitcoin does indeed do another 10X or 100X? It will, the only factor is how long it will take. Bitcoin is held by < 0.01% of the world population. Not every millionaire in the U.S. has any bitcoin. Wall Street hasn't even begun to up-leverage Bitcoin, because they don't have a way to do it effectively yet. Projecting one's own motives and beliefs/understanding onto the great unwashed is I think the most common delusion among (otherwise?) intelligent people. In this echo chamber, BTC is best because technical analytical blah blah, where clearly the world at large cares not at all. It is the $$ and adoption of these uninformed and unintelligent masses that is required to make 'progress'. Catering to them may be a sell out, but it is undeniably effective. This. Some days I sit in disbelief at the ignorance of what can be refered to as "the masses". The intelligent to stupid ratio seems tipped in an unfavorable direction. It often seems as if everything in day to day living is based on the simple task of manipulation. I say "simple" because it often seems way too easy to sway the opinion of "the average person" or make them think they need something that may be completely worthless. Ty Warner built a net worth of $2.5 billion by selling animals stuffed with fucking beads. Hell... the guy who sold Snuggies even made a cool $200 million. No one needs a beanie baby or a snuggie but, they were manipulated into believing there was a need for them. Crypto is overrun with everyone and thier cousin making alt coins and promoting them. Shit... the other day I saw a coin called "DeezNuts" https://deeznuts.in. I wonder often if as we approach mass adoption that marketing and advertising will push an undeserving coin with poor tech ahead of Bitcoin as "the masses" gobble it up. Sure the tech behind it might be shit but, that's not always the most important thing to "the masses". Or maybe I'm just paranoid. |
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They have been asking me for sources of daily info on bitcoin because they want to invest in bitcoin when it goes live on robinhood in February.
So newcomers would better save like 0.25% fees and buy from some unestablished exchange rather than going with a reputable one, i.e. trading since 5+ years? I don't get it. But yeah, I'm Swiss, so you know...  I asked that question. There were 2 common responses. 1. No fees 2. "I can trade between stocks and crypto without transferring funds." *Edit - they already have robinhood accounts for stocks. So... just found this: " Cryptocurrency prices are notoriously volatile. To counter that, Robinhood Crypto gives users an estimated price, and once users confirm a buy or sell order, they scan a gamut of trading venues, exchanges and market centers to find the lowest offer, TechCrunch explained. To account for wild price fluctuations, the service puts a 'collar' around your order; If it can't find a price within this margin, it will wait until one surfaces to execute your order or inform you." Sounds like an awful lot of work for no fees being charged. Will they offer crypto withdrawals? Or just rehypothecate with abandon, like stocks? It seems like no one is sure if you can deposit or withdraw crypto. I searched online for some more info and found lots of people asking the same question with no one having answers. I would speculate that you can not make withdrawals in the form of crypto. |
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They have been asking me for sources of daily info on bitcoin because they want to invest in bitcoin when it goes live on robinhood in February.
So newcomers would better save like 0.25% fees and buy from some unestablished exchange rather than going with a reputable one, i.e. trading since 5+ years? I don't get it. But yeah, I'm Swiss, so you know... I asked that question. There were 2 common responses. 1. No fees 2. "I can trade between stocks and crypto without transferring funds." *Edit - they already have robinhood accounts for stocks. So... just found this: " Cryptocurrency prices are notoriously volatile. To counter that, Robinhood Crypto gives users an estimated price, and once users confirm a buy or sell order, they scan a gamut of trading venues, exchanges and market centers to find the lowest offer, TechCrunch explained. To account for wild price fluctuations, the service puts a 'collar' around your order; If it can't find a price within this margin, it will wait until one surfaces to execute your order or inform you." Sounds like an awful lot of work for no fees being charged. |
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They have been asking me for sources of daily info on bitcoin because they want to invest in bitcoin when it goes live on robinhood in February.
So newcomers would better save like 0.25% fees and buy from some unestablished exchange rather than going with a reputable one, i.e. trading since 5+ years? I don't get it. But yeah, I'm Swiss, so you know... I asked that question. There were 2 common responses. 1. No fees 2. "I can trade between stocks and crypto without transferring funds." *Edit - they already have robinhood accounts for stocks. |
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I came here to post about this too. I have had many friends contact me today about this. These are friends who only trade stocks but, have been curious about bitcoin for awhile now. They have been asking me for sources of daily info on bitcoin because they want to invest in bitcoin when it goes live on robinhood in February. |
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Bitcointalk implementing merit... bullish signal.
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Directly above the very center of the earth.
Officially, the most accurate estimation of the day. |
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Haven't checked this thread in a few days... I skimmed through a page or two but... pretty sure I saw what looked like jbreher going bullish on BTC. What else did I miss!?
Also... where are those optimism charts. Could use one right about now.
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Why is there so much selling pressure right before the the 12/28 fork? Could someone explain?
bitcoin is dead obviously RIP (for the 147th time) |
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Can I mine electroneum on this?  |
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Let's all everybody just fuck right off. We're pumping the page count to totally unsustainable levels anyway.
We should probably suggest a fork for this board with an increased post per page count to mitigate the issue. We could then spam the original message board to dissuade people from continuing to use it and instead use our new, better, board with the larger post per page count. |
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That's what the one slightly over weight middle aged stripper with a c section scar is for. There is always one...
 I guess sometimes there are 3 |
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I like jbreher's posts. Without his posts we would have nothing but BTC cheerleaders here. That’s like saying I love the big fat hairy guy in the corner of the strip club. If it wasn’t for him there would be just amazing tits and ass. You know nothing about life dude. Life is a matter of contrasts. Beauty doesn't exist without ugly. Smart doesn't exist without stupid. World would be the most boring place if everybody would be or think the same. Be glad for the hairy guy  That's what the one slightly over weight middle aged stripper with a c section scar is for. There is always one... |
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along with some of these other shills that are crapping up this thread.
I second that! for BCH shills to even start making a point they should have a whole new code (like eth) and not fork out the code they hate so much. they changed two lines and sing revolution, its just plain annoying. Plus the horde of fudders that come here during every dip makes reading the WO a double pain instead of a place to strenghten hodl Catching up on posts in this thread takes much longer with the block size debates on going... Maybe we should all just communicate in memes? Much easier to skim through to the most recent post that way.  |
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the positivity chart just went crazy, let the push for $20000 commence Already on its way. Please share the chart. it's in my brain linked directly to how I feel But... then what is the optimism chart linked to?  |
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Lol at the first comment "Is this where you're building your evil lair?" |
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Nice! I had targets at 11k and just under. I was watching the depth chart as they all got filled. I just want to thank who ever sold at the bottom. |
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Prediction Game: I'm going with February 3rd, 2018.
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I really want to see one final total panic sell, all the way down to $10,000 in a matter of minutes, all out hysteria, just like the old days. Enough of this tortuous creeping down and half-assed attempts at recovery. This shit is barely showing up on the weekly candles. Just be done with it, so we can resume our journey out of the solar system as we hitch a ride with Voyager to the next one.
Even more than this, I really want to see BeeCrash explode on the launchpad and slam into the ground; for the love of God and all that is holy, I'm not a religious person by any means, but I'll become one if that's what it takes to please let it drop below $1000. Tonight. Please. Pray with me brethren. And if there might just be a whale-brother who might still be holding it, dump it like a load of bad spicy Mexican food, full eye-watering evacuation. Don't even bother flushing. Just leave it for the next guy to share in mutual disgust.
Amen.
*slow clap* |
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