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/biz/ - Business & Finance

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6972218 No.6972218 [Reply] [Original]

ROBINHOOD WHAT THE FUCK
IF YOUR ALTCOIN IS NOT ON THIS LIST YOU WILL DIE IN 2018 FUCKKKKK

>> No.6972231
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6972231

AAAAAAAAAA

>> No.6972270
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6972270

>>6972231
ALL IN ON XRP NOW

>> No.6972310

I WANT TO BUY REE

>> No.6972320

going full in TRX anyway

>> No.6972342
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6972342

ROBINHOOD GENERAL THREADS FOR EVER BAHAHAHAHAHA

>> No.6972348

they'll add more retard

>if your alt coin ain't on Gemini you're going to make it

>> No.6972366

>>6972320
TRX CONFIRMED PUMP AND DUMP GET OUT NOW

>> No.6972405
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6972405

CHAINLINK CONFIRMED SCAM

>> No.6972475

>>6972218
IF you hold any of these coins you will be a millionaire in Q2 2018

>> No.6972507

QTUM is easy choice.

But as I understood it u can only invest into ETH and BTC, and the rest u can only follow the price

lmao

>> No.6972531
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6972531

Post yfw there are 600k people in robinhood and they are in crypto already

>> No.6972591
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6972591

>>6972531

>> No.6972619

>>6972591
I'm the monkey btw

>> No.6973457
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6973457

>yfw a huge bubble of millennials will fuel the bubble once it goes live
>yfw no fees
>yfw the stock market explodes

>> No.6973503

>>6972591

>can see panties through dress

its a nigger, but my fetishes overpower that

>> No.6973504

>>6972218
If I am reading this correctly you dont physically own the bitcoin or crypto you buy. It is held by the institutions that purchases and holds on your behalf. You can only buy/sell the crypto, but cant actually use it. This is a no competition to real exchanges like Coinbase and Binance where you have a wallet and can move your OWN coins around.

http://fortune.com/2018/01/25/bitcoin-millennials-robinhood-cryptocurrency/
"Robinhood says trading cryptocurrency on the app will function in the same as with equities, allowing customers to acquire stakes without paying a commission or fees. This is notable in part because popular exchanges, such as Coinbase, all charge a commission (typically around 1%) on buying and selling.

Robinhood’s co-CEO Baiju Bhatt tells Fortune the company will act as a broker-dealer rather than an exchange in the cryptocurrency market. Bhatt adds that Robinhood will partner with a number of large institutions to acquire the digital currencies on behalf of customers, but notes that he could not disclose the identity of those partners.

While the company will offer the crypto-trading service to consumers without a commission, the trading price will presumably incorporate the cost Robinhood pays to its partners to acquire the digital assets in the first place. This cost is likely to be low, however, as Bhatt suggests its purchasing power will allow it obtain crypto assets at a steep discount."

>> No.6973531

>>6972218
FUCKING DOGE?! YES

>> No.6973562

>>6973504
This is some bullshit but normies won't care.

>> No.6973564
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6973564

>>6972270
>ALL IN ON XRP NOW
I unironically hope you're doing this.

>> No.6973592

>>6972218
no my ven wtf nigger

>> No.6973628

>>6973504
Still adds more liquidity to the crypto market. That said, why the fuck would anyone do this? Just buy the fucking coin ffs.

>> No.6973668

>>6972218
All in DOGE here. Comfy.

>> No.6974160
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6974160

>>6973504
doesnt matter my account is under review anyway....

>> No.6974245
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6974245

>>6972218
tfw all 5 of my coins are on the list
will i make it

>> No.6974274

>doge

Gonna be a gorillionaire and buy 100k shibes enjoy your bags retards

>> No.6974317

>>6973504
tldr;

robinhood is a centralized exchange

>> No.6974321

>>6972218
>XLM but no ADA


Are these niggas serious?

>> No.6974362

Cool none of mine this will be fun

>> No.6974388

>>6973562
>>6973504
Not sure you guys understand how bad that is if it's true.

Imagine if the entire market wanted to pay no fees (of course they fucking would). Everyone moves to Robinhood. Now less people are buying real Bitcoin. So the price of Bitcoin plummets because everyone basically sells their real Bitcoin ofr "Bitcoin shares."

This is not good news. At all.

>> No.6974392

>>6972218
>dogecoin legitimized
what the fuck

>> No.6974401

So Robinhood is going to buy a massive amount of these currencies and inflate the price? Okay

>> No.6974415
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6974415

>all my altcoins are in Robinhood

>> No.6974416

>>6974392
Did you not catch the McFagget tweet? Been legit for weeks now

>> No.6974425

>>6974388
>this is somehow different than people liquidating crypto they actually own

>> No.6974440

>>6974317
Is it Bitcoin or "Bitcoin shares." Hige fucking difference, obviously.

In fact if Wall Street decides to make "Bitcoin shares" we're fucked because real Bitcoin holders will just sell for that fake bullshit.

>> No.6974445

>ripple going to $5
>xlm to $2

Good feels

>> No.6974463

what is this and what's up with those funky colors?

>> No.6974496

WTF Dogecoin?

This literal shitcoin made for laughs is actually doing something?

>> No.6974503

>>6974463

A penny investment app thats getting into crypto now.

It has no transaction fees

>> No.6974508

>>6972218
>bitcoin Gold
>Doge

>> No.6974510

wew
Time to stock up.

>> No.6974544

>>6974503

no transaction fees because there is no transaction taking place you're legitimately paying for nothing

>> No.6974596

>>6974463
Robinhood is for stocks (now options) and has an extremely paired down interface so they don't overwhelm the normies getting into stocks for the first time. Stock markets open and close and the app has a light/dark mode to reflect that status. However, crypto is 24/7 so they changed the UI when dealing with it so people can instinctively tell that shit is different off the bat.

>> No.6974619

>>6973504
Won't this split the market since you can't send your current cryptos to Robinhod? The coins not on Robinhood will die and eventually all trade will move to Robinhood unless other exchanges remove fees..

>> No.6974641

>>6972218
>Bitcoin gold
>Dogecoin
>No VEN

>> No.6974648
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6974648

>dogecoin
Dogecoin holders you guys have made it.

>> No.6974670

>>6974641
Poor Ven - you guys stink as bad as linkies.

>> No.6974671
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6974671

>>6972218

>tfw when your all in with xlm and neo

>> No.6974707

Why isnt the price of doge going up right now?? isnt this huge??

>> No.6974809

>>6974707
huge for what

>> No.6974845
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6974845

>>6972218
WHERES VEN
YOU NIGGERS TOLD ME THIS WOULD BE BIGGER THAN BITCOIN
SELL SELL SELL

>> No.6974847

Robinhood doesn't own actual coins, do they? It's all paper trading? I mean, could I withdraw them from my Robinhood account and send them to a personal wallet?

>> No.6974880

>>6974847
Takes 1 week and a shitton of paper work to withdraw to a personal wallet

>> No.6974890

>>6974847
Not sure about withdrawing but you won't be able to send your current cryptos to robinhood.

>> No.6974900

>>6974847
No robin hood is creating true meme coins

>> No.6974926

>>6973503
The Jews got to you, rip anon

>> No.6974941

Honestly I don't think this will pump prices as much as you guys do. I mean most people who are on robinhood are tech/financially savy enough to own crypto anyways.

>> No.6974963

>>6972218
Cardashians, I am genuinely sorry for your loss.

>> No.6974974

>>6974941
You mean financially savvy enough to stay the fuck away from crypto.

>> No.6974981

>>6974941
It's possible.
The news itself is probably more conducive to increasing the market cap than the app itself.

>> No.6974989
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6974989

>>6972218
>fucking dogecoin

>> No.6974997

why is this app so goddamn ugly jesus christ

>> No.6975003

>now at 726k
million means we going to mars boys

>> No.6975009

>>6972270
>all in XRP
Know who’s not?

Banks

>> No.6975026

>>6974544
I trade stocks through RH and have had no problems. If I use this for some stuff and I decide to cash out, as long as the dollar amount on the screen ends up at my bank, I don't really care what happens behind the scenes. That said, day trading with RH is not happening as there is no API. this will probably be likewise.

>> No.6975038

>>6972218
absolute non event if you're not a burger

>> No.6975064

>>6975038
Australia as well I believe.

>> No.6975084

>>6974997
it clearly an audience to crypto community like /biz/ that is alt right which is why it looks like vaporwave

>> No.6975111

>>6974496
It cheap, fee only 2 doge and it fast, good for transfer between exchange

>> No.6975113

>>6972475
And they said dogecoin was a joke.

>> No.6975117

>>6973504
Fuck off nigger

>> No.6975127

>>6974941
Thinking robinhood will appeal more to the masses

>> No.6975144

>>6975113
yeah it hasnt had any updates in 2 years and the creator says it is. So it kinda is as far as anything other than speculation for no reason

>> No.6975147

All this newfag hate doge coin, dont you guys know /biz/ created because of doge coin

>> No.6975151

every doge has his day

>> No.6975170

>>6974496
because it works like a charm

>> No.6975194

>>6974941
You underestimate how many people are interested in crypto but still haven't invested for one reason or another. Now these people on the fence don't even need to sign up for a crypto exchange, it's being brought directly to their face and spoon fed. This might not have an immediate price pop, but stuff like this slowly legitimizes crypto to the minds of the average westerner.

>> No.6975197

>>6972218
The only real surprise for me was OMG and Lisk.
So I bought $5k worth of OMG.

>> No.6975229

>>6975194
Exactly, and since your coins are pretty much tied to Robinhood I can see it causing a lot of problems

>> No.6975236

>>6975194
Shilling my robbinhood link hard to the few normies i know. No one is signing up damnit

>> No.6975324
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6975324

10 usd in 2 year

>> No.6975342

10 bucks towards dogecoin?

>> No.6975347

>>6975324
I might have to kms if this happens.

>> No.6975357

>>6975324
Go back to rebbit nigger.

>> No.6975392

>>6975324
dogecoin is way too inflated

>> No.6975402

>>6975357
Doge is 4chan coin, gtfo newfag pajeet scum

>> No.6975450

>>6973504
they do this shit with stock and if too many holders are holding stock with robinhood that is under 300m they crash it just about every fucking time. Robinhood shorts the fuck out of the stock their users are holding because their users don't actually own the stock.

>> No.6975454

>>6974847
If not, then this could take down Robinhood. Imagine if crypto continues to pump and people try to cash out and Robinhood doesn't have the coins or the funds to buy them.

>> No.6975473
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6975473

>>6972218
QTUM and Monero here

>> No.6975484
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6975484

>>6975392
Until it get top 5 like it used too, it not

>> No.6975520

Why are they getting into this?

>> No.6975521

>>6975484
Tfw no time machine

>> No.6975657

>>6974619

Crypto will be cheaper on RH because less can be done with it (e.g. it can’t be moved elsewhere, used for games:gambling, etc.).

>> No.6975737

>>6975657
I’m wrong, and you’re right.

>> No.6975909

>>6974321
XLM has a great working product my man.

>> No.6975950

>>6975236
reference links don't really work for strangers anymore like they used to

also I think that person has to verify their account which isn't instantaneous

>> No.6975955

>>6975657
Robinhood will acquire its crypto by arbitrage from exchanges. It also does not function like a real trading platform, because your orders can be filled at a price you didn't originally ask for when you pressed the button. it's not true real-time trading. If you've used Robinhood for stocks you know what I mean.

>> No.6976026

>>6975955
that is why you set up limit orders to get the price you specify, at the risk of it not filling if the price leaves orbit, otherwise you are at the mercy of the market.

Penny stocks are very susceptible to this which is who complain the loudest about it.

>> No.6976174

>>6976026
So effectively it's the same as using GDAX minus the real-time trade data, which has 0 commission for maker trades. Unless RH adopts more coins than Coinbase does at the slow pace it's doing or the crypto, I don't see a place for RH aside from entry-level traders.
Even if RH's coins are 'cheaper' compared to real exchanges like they claim they will do, what is the point if you can only go from fiat to crypto with no withdrawals or deposits? RH can be 10% the price of other exchanges, it won't matter if it's a completely isolated ecosystem.

>> No.6976190

>>6975003
it's gone up 20k while i've been shitposting. I'll see you on the moon.

>> No.6976291

>>6976174
Opening up the market even more is a good thing. People on multiple brokerages don't like to convert to different methods of holding currencies,properties, or securities. For better or worse, I have been waiting for Robinhood to add a few starting coins to their platform since I was too lazy to set up an account at Coinbase and deal with the fees.

>> No.6976368
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6976368

The time for Dogecoin is now, join the revival. Going all in, see you all on the other side.

>> No.6976646

Get into robin hood NOW
Use my link and get free apple stock

http://share.robinhood.com/davidt917

>> No.6976856

>>6976368
Jesus fuck

>> No.6976885

>>6973504
that's how all brokerage accounts work though

>> No.6976918

>>6976368
Turtle is the new dogecoin.

>> No.6976948
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6976948

BRO HOW DO THEY DO FEELESS BITCOIN TRADING WHATS THE WITHDRAW FEES

>> No.6977091

>>6976918
Yup pretty much. Still gonna sell my trtl for doge on Jan 31st though. Once Robinhood goes live doge is gonna go through the roof-woof-bark

>> No.6977173

>>6972591
>one cum load throws your entire legacy in the garbage for giving in to jungle love
sad!

>> No.6977282

So Robinhood is a scam?

>> No.6978187

>>6973504
>Baiju Bhatt
Normies are gonna get absolutely POO'd top fucking zozz. This street shitter might cause a massive dip in the market from fucking over normalfags tho.

>> No.6978563

>>6972405
From the bottom of my heart I thank you for this. My sides just solved the oracle problem.

>> No.6978673

>>6976948
>>>/heem/

>> No.6978884

>>6974245
Cant send yours in though. You dont have the coin, just the promise of a coin.

>> No.6978994

>>6975955

Yea that's called market price

Read a book