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How is robinhood not going to be a YUGE deal for btc and eth?

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marvelous school cafeteria
  01/27/18
why would greedy whales ever give their money to an app name...
concupiscible messiness
  01/27/18
I don't think that's the implication
Seedy shrine trump supporter
  01/27/18
Lol
marvelous school cafeteria
  01/27/18
...
Bat-shit-crazy rough-skinned lettuce
  01/27/18
...
Infuriating gaped property tank
  01/27/18
...
stimulating well-lubricated hell main people
  01/27/18
...
Vivacious Lay
  01/27/18
Easier than buying ETH with a credit card?
mind-boggling topaz wrinkle queen of the night
  01/27/18
Load up on btc now
Bespoke Background Story
  01/27/18
a) there is significant overlap in the type of people who us...
unhinged garrison love of her life
  01/27/18
Maybe but they got a million sign ups
marvelous school cafeteria
  01/27/18
this post whiffs on boats what drives bitcoin price at this ...
Laughsome startled theatre pervert
  01/27/18
https://twitter.com/BKBrianKelly/status/957241047087833088
Vivacious Lay
  01/27/18
What companies "ban" employees from crypto and how...
ruddy mad cow disease rigor
  01/28/18
C what unfolds
marvelous school cafeteria
  01/27/18
Fees matter. Low/no fees = more BTC/ETH bought, overall. Bu...
Useless chartreuse azn
  01/27/18
what will cause a surge is Wall Street going long on BTC fut...
iridescent autistic boiling water
  01/27/18
I'm aware of the futures contracts, but it doesn't seem like...
Useless chartreuse azn
  01/27/18


Poast new message in this thread



Reply Favorite

Date: January 27th, 2018 2:42 PM
Author: marvelous school cafeteria



(http://www.autoadmit.com/thread.php?thread_id=3873077&forum_id=7#35253976)



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Date: January 27th, 2018 2:45 PM
Author: concupiscible messiness

why would greedy whales ever give their money to an app named RobinHood? LOL

(http://www.autoadmit.com/thread.php?thread_id=3873077&forum_id=7#35253991)



Reply Favorite

Date: January 27th, 2018 2:51 PM
Author: Seedy shrine trump supporter

I don't think that's the implication

(http://www.autoadmit.com/thread.php?thread_id=3873077&forum_id=7#35254034)



Reply Favorite

Date: January 27th, 2018 3:04 PM
Author: marvelous school cafeteria

Lol

(http://www.autoadmit.com/thread.php?thread_id=3873077&forum_id=7#35254111)



Reply Favorite

Date: January 27th, 2018 4:24 PM
Author: Bat-shit-crazy rough-skinned lettuce



(http://www.autoadmit.com/thread.php?thread_id=3873077&forum_id=7#35254604)



Reply Favorite

Date: January 27th, 2018 8:10 PM
Author: Infuriating gaped property tank



(http://www.autoadmit.com/thread.php?thread_id=3873077&forum_id=7#35256070)



Reply Favorite

Date: January 27th, 2018 2:53 PM
Author: stimulating well-lubricated hell main people



(http://www.autoadmit.com/thread.php?thread_id=3873077&forum_id=7#35254039)



Reply Favorite

Date: January 27th, 2018 2:56 PM
Author: Vivacious Lay



(http://www.autoadmit.com/thread.php?thread_id=3873077&forum_id=7#35254061)



Reply Favorite

Date: January 27th, 2018 3:11 PM
Author: mind-boggling topaz wrinkle queen of the night

Easier than buying ETH with a credit card?

(http://www.autoadmit.com/thread.php?thread_id=3873077&forum_id=7#35254159)



Reply Favorite

Date: January 27th, 2018 4:33 PM
Author: Bespoke Background Story

Load up on btc now

(http://www.autoadmit.com/thread.php?thread_id=3873077&forum_id=7#35254643)



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Date: January 27th, 2018 6:02 PM
Author: unhinged garrison love of her life

a) there is significant overlap in the type of people who use robinhood (read: fairly high income white/azn tech-familiar yuppies 22-35) and would already know about crypto

b) it wouldn't drive much volume in the first place. the amount bought would still pale in comparison to korean daytrading housewives, bots, and whales/funds shifting money around

(http://www.autoadmit.com/thread.php?thread_id=3873077&forum_id=7#35255226)



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Date: January 27th, 2018 7:34 PM
Author: marvelous school cafeteria

Maybe but they got a million sign ups



(http://www.autoadmit.com/thread.php?thread_id=3873077&forum_id=7#35255848)



Reply Favorite

Date: January 27th, 2018 8:17 PM
Author: Laughsome startled theatre pervert

this post whiffs on boats what drives bitcoin price at this point and the actual effect of robinhood.

coinbase is in the top ten most downloaded apps.nothing kept people from buying cryptos prior to this move. the only effect is some incremental goodwill in peoples minds as to bitcoins legitimacy fwiw

and even if it did make more retail guys buy crypto it would’ve do anything at all. bitcoin and ether are now big enough that individual investors are meaningless and narratives about people spreading the word over the holidays should just say “i don’t know what the fuck i’m talking about.” institutional money hedging futures exposure is the only story that matters for now.

(http://www.autoadmit.com/thread.php?thread_id=3873077&forum_id=7#35256108)



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Date: January 27th, 2018 8:40 PM
Author: Vivacious Lay

https://twitter.com/BKBrianKelly/status/957241047087833088

(http://www.autoadmit.com/thread.php?thread_id=3873077&forum_id=7#35256267)



Reply Favorite

Date: January 28th, 2018 3:14 AM
Author: ruddy mad cow disease rigor

What companies "ban" employees from crypto and how would they even enforce it? Ljl

(http://www.autoadmit.com/thread.php?thread_id=3873077&forum_id=7#35258586)



Reply Favorite

Date: January 27th, 2018 9:29 PM
Author: marvelous school cafeteria

C what unfolds

(http://www.autoadmit.com/thread.php?thread_id=3873077&forum_id=7#35256555)



Reply Favorite

Date: January 27th, 2018 9:25 PM
Author: Useless chartreuse azn

Fees matter. Low/no fees = more BTC/ETH bought, overall. But I think some of the articles I'm reading are way overstating the case.

Coinbase charges 1.5%. A no fee alternative isn't going to suddenly make people flock into crypto. I can certainly see buyers already in the crypto space moving to Robinhood. Or new investors choosing Robinhood over other alternatives. Or current Robinhood members starting to dabble in crypto now that BTC/ETH will be offered. But I don't see how this will independently cause a big surge in BTC/ETH.

Edit: looks like Robinhood is going to offer a bunch of different cryptos. This will hurt ETH/BTC, imo.

(http://www.autoadmit.com/thread.php?thread_id=3873077&forum_id=7#35256523)



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Date: January 27th, 2018 9:32 PM
Author: iridescent autistic boiling water

what will cause a surge is Wall Street going long on BTC futures, which overall they're doing for the next contract. Asian whales want to ensure Wall Street goes all in, that's why BTC prices have conveniently conformed with futures contracts and the price has been (artificially kept) down this past month.

(http://www.autoadmit.com/thread.php?thread_id=3873077&forum_id=7#35256572)



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Date: January 27th, 2018 10:02 PM
Author: Useless chartreuse azn

I'm aware of the futures contracts, but it doesn't seem like enough volume to really move the market. Seems like people are FUD selling/buying on the expectation of the price moving at the end of the contract.

(http://www.autoadmit.com/thread.php?thread_id=3873077&forum_id=7#35256798)