ultrloa
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January 31, 2021, 12:40:54 PM Last edit: January 31, 2021, 12:51:45 PM by ultrloa Merited by JayJuanGee (1) |
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"Warning: Get your Bitcoin out of Robinhood while you still can!"https://www.reddit.com/r/Bitcoin/comments/l8lmgq/warning_get_your_bitcoin_out_of_robinhood_while/If you purchased a BTC at say $30,000, but never took it out of Robin Hood, they may never have bought one, to begin with. They have your $30K and you have nothing. If they didn't have one on hand when they took your money, they will have to buy one now at almost $34K. If they do have your coins on hand, they are strapped for cash due to the squeeze and if they liquidate your BTC you are GOXED. Those fucks. I hope they go bankrupt very soon. Never forget: "Not your keys, not your Bitcoin." Watch this video made by Steve Hofstetter he have a great point about Robinhood Robinhood is rigging the stockmarketSo maybe for this their users should take precaution upon using them since if this really happening they are not truly useful and beneficial to their user.
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d_eddie
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January 31, 2021, 12:49:52 PM Last edit: January 31, 2021, 01:09:04 PM by d_eddie |
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RobinHood allows you to buy btc (and other cryptocurrencies), but you can't move it out. This could cause legitimate worries about all btc on RH being just paper IOUs.
So a number of btc newbies have some (paper?) btc on RH, and now they want to get it out of a likely sinking boat. The only option they have is sell now (taxable event, ouch!), get the money out (RH does allow you withdraw $$, duh!), keep aside the taxman's share (ouch again), send the money to some "normal" exchange, get less btc than you used to have (boo-ho!), transfer that to a wallet you control (your own keys: it's finally been turned into your bitcoin, win!).
I've got two questions - food for thought.
1) How many newbies are going to jump through the multiple hoops?
2) What if many actually do? There are likely consequences for RobinHood: assuming they never actually bought the backing crypto, they'd be under by a lot. Just think of the doge bull. I could care less about them, though. What happens to the price when a shitload of redditors sell at the same time?
TL;DR RH is really throwing shit at anyone trying to go against the system - either people who try to punish asshole over-100%-shorting hedge funds, or people who buy btc (or doge in recent days, well you know, newbies!). I wish RobinHood went out of business. Which isn't totally unlikely as a result of the latest shenanigans.
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PhoenixZephyrus
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January 31, 2021, 01:32:09 PM Merited by BobLawblaw (1) |
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RH is now usually really shitty tactics to manipulate the market continuously. They have limited the buying of AMD stock to a max of 1 share. Robinhood limits buys of AMD stock to 1 shareAMD is amongst one of the most held stocks on Robinhood. AMD's short interest has also risen in the past month. Now it just seems like they are setting themselves up for suicide.
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Tash
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Pro financial, medical liberty
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January 31, 2021, 01:37:05 PM |
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"Warning: Get your Bitcoin out of Robinhood while you still can!"https://www.reddit.com/r/Bitcoin/comments/l8lmgq/warning_get_your_bitcoin_out_of_robinhood_while/If you purchased a BTC at say $30,000, but never took it out of Robin Hood, they may never have bought one, to begin with. They have your $30K and you have nothing. If they didn't have one on hand when they took your money, they will have to buy one now at almost $34K. If they do have your coins on hand, they are strapped for cash due to the squeeze and if they liquidate your BTC you are GOXED. Those fucks. I hope they go bankrupt very soon. Never forget: "Not your keys, not your Bitcoin." RH is rat poison squared
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Three Millionth User
Yes, really
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I 🖤 Bitcoin
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Hey WO, as you can see from my name, I am the 3 millionth user on this beautiful forum, as evidenced by my Custom Title: Yes, really. In the very near future, I am going to study the details of signing and verifying messages using Bitcoin and also want to learn more about PGP. If you think there is something else I should pay attention to, feel free to say. Having looked through many sections on the forum, I have not found a more interesting thread than this. I love your heated discussions, especially how you combine Bitcoin discussions with memes. Folks, I love your custom hats and I want one for myself, therefore, I firmly decided to become part of your team. Bitcoin HODL!
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Elwar
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Viva Ut Vivas
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January 31, 2021, 01:59:20 PM Merited by JayJuanGee (1) |
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Hey WO, as you can see from my name, I am the 3 millionth user on this beautiful forum, as evidenced by my Custom Title: Yes, really. In the very near future, I am going to study the details of signing and verifying messages using Bitcoin and also want to learn more about PGP. If you think there is something else I should pay attention to, feel free to say. Having looked through many sections on the forum, I have not found a more interesting thread than this. I love your heated discussions, especially how you combine Bitcoin discussions with memes. Folks, I love your custom hats and I want one for myself, therefore, I firmly decided to become part of your team. Bitcoin HODL!Are you just going to repeat this post over and over?
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friends1980
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nutildah-III / NFT2021-04-01
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January 31, 2021, 02:00:35 PM |
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Hey WO, as you can see from my name, I am the 3 millionth user on this beautiful forum, as evidenced by my Custom Title: Yes, really. In the very near future, I am going to study the details of signing and verifying messages using Bitcoin and also want to learn more about PGP. If you think there is something else I should pay attention to, feel free to say. Having looked through many sections on the forum, I have not found a more interesting thread than this. I love your heated discussions, especially how you combine Bitcoin discussions with memes. Folks, I love your custom hats and I want one for myself, therefore, I firmly decided to become part of your team. Bitcoin HODL!Are you planning to repost this every day or so? If people don't reply, it means they're not interested. And if you're the 3 millionth, first and foremost it means you're extremely late.
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serveria.com
Legendary
Online
Activity: 2380
Merit: 1189
Privacy Servers. Since 2009.
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January 31, 2021, 02:06:08 PM |
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"Warning: Get your Bitcoin out of Robinhood while you still can!"https://www.reddit.com/r/Bitcoin/comments/l8lmgq/warning_get_your_bitcoin_out_of_robinhood_while/If you purchased a BTC at say $30,000, but never took it out of Robin Hood, they may never have bought one, to begin with. They have your $30K and you have nothing. If they didn't have one on hand when they took your money, they will have to buy one now at almost $34K. If they do have your coins on hand, they are strapped for cash due to the squeeze and if they liquidate your BTC you are GOXED. Those fucks. I hope they go bankrupt very soon. Never forget: "Not your keys, not your Bitcoin." And what if this is some FUD spread by whoever wants to manipulate BTC price and not let it explode? Some not so tech-savvy users can only buy via all those apps and Paypal so what happens if they can't buy there? Perhaps they won't buy at all? So yes, I see your point but I prefer buy now & possibly get scammed later vs buy never and remain nocoiners. Yeah, I know you'll say but they're not getting real BTC anyway, it won't affect the price etc.. whatever, in my opinion it's better anyway cause they're joining our BTC club, telling everyone they own BTC and so on.
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LFC_Bitcoin
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#1 VIP Crypto Casino
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January 31, 2021, 02:07:07 PM |
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The more the better, to liquidate
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BobLawblaw
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Neighborhood Shenanigans Dispenser
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I firmly decided to become part of your team.
Fuck off. We're full.
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friends1980
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nutildah-III / NFT2021-04-01
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January 31, 2021, 02:18:01 PM Merited by JayJuanGee (1) |
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I firmly decided to become part of your team.
Fuck off. We're full. I have not found a more interesting post than this. ^ #nh Having looked through many sections on the forum, I have not found a more interesting thread than this.
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OutOfMemory
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Man who stares at charts (and stars, too...)
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Never forget: "Not your keys, not your Bitcoin."
This is something a lot of people still don't understand. Unfortunately a great number of them aren't newbies either but, but... it's much more convenient! Robin Hood was a good guy, right? The more the better, to liquidate While it seems bots are pushing down the price into a narrow range. WS collecting money for buying GME stonks? Now it's WallStreetBullies vs. WallStreetBets. Let's get it on!
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JimboToronto
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You're never too old to think young.
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Good morning Bitcoinland. On and on and on it goes, $3xxxx range... currently $33633USD/$42985CAD (Bitcoinaverage). Even the little Elon Musk rally was just part of the bigger $3xxxx consolidation. Patience. Go Bitcoin go. I decided to become part of your team.
Team? We're not a team. How demeaning. We're individuals.
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d_eddie
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January 31, 2021, 02:47:59 PM |
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I firmly decided to become part of your team.
Fuck off. We're full. I have not found a more interesting post than this. ^ #nh Having looked through many sections on the forum, I have not found a more interesting thread than this.
<teasing_cheeky_newbie> Leave Bob alone is my advice. Consider yourself lucky you're not getting the 3M special edition rusty pipe treatment. And don't bother with titanium anal shields, either. Pretty useless given the training some of us had </teasing_cheeky_newbie>
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d_eddie
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January 31, 2021, 02:49:07 PM |
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Nom nom nom. Future bull fodder. Burp!
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El duderino_
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BTC + Crossfit, living life.
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Hey WO, as you can see from my name, I am the 3 millionth user on this beautiful forum, as evidenced by my Custom Title: Yes, really. In the very near future, I am going to study the details of signing and verifying messages using Bitcoin and also want to learn more about PGP. If you think there is something else I should pay attention to, feel free to say. Having looked through many sections on the forum, I have not found a more interesting thread than this. I love your heated discussions, especially how you combine Bitcoin discussions with memes. Folks, I love your custom hats and I want one for myself, therefore, I firmly decided to become part of your team. Bitcoin HODL!If you participate well, then indeed thus thread is one of the best and is a large part of bitcoin history Welcome and take care
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d_eddie
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January 31, 2021, 02:53:45 PM |
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Hey WO, as you can see from my name, I am the 3 millionth user on this beautiful forum, as evidenced by my Custom Title: Yes, really. In the very near future, I am going to study the details of signing and verifying messages using Bitcoin and also want to learn more about PGP. If you think there is something else I should pay attention to, feel free to say. Having looked through many sections on the forum, I have not found a more interesting thread than this. I love your heated discussions, especially how you combine Bitcoin discussions with memes. Folks, I love your custom hats and I want one for myself, therefore, I firmly decided to become part of your team. Bitcoin HODL!If you participate well, then indeed thus thread is one of the best and is a large part of bitcoin history Welcome and take care El-duderino_ is emphasizing the "welcome" part, because he's simply dudely good that way. I was emphasizing the "participate well" part, which is not about posting 3 million times about being the 3 millionth user.
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Three Millionth User
Yes, really
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I 🖤 Bitcoin
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January 31, 2021, 03:03:49 PM |
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If you participate well, then indeed thus thread is one of the best and is a large part of bitcoin history
Welcome and take care
Finally I see the answer I wanted to get! Yes, I republished my post after I woke up thinking it got lost in a bunch of memes. Some I see are quite aggressive, they probably also want a cool ID for themselves. - Is anyone here from Milan?
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