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Old 02-15-2013, 11:41 AM  
ChiefRocka ChiefRocka is offline
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Bitcoin Take?
Bitcoin disrupts gold
Ethereum disrupts financial services
There will be others...


Last edited by ChiefRocka; 03-06-2024 at 06:51 AM..
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Old 01-07-2021, 03:24 PM   #2161
MahiMike MahiMike is offline
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Move off of that. High, high fees and always crashes during a nice run. At least move to Coinbase Pro for lower fees. Kraken is my choice.
Coinbase is FDIC insured though.
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Old 01-07-2021, 04:35 PM   #2162
Hog's Gone Fishin Hog's Gone Fishin is offline
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When this guy speaks you better ****ing listen!
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Old 01-07-2021, 05:58 PM   #2163
BWillie BWillie is offline
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Originally Posted by MahiMike View Post
Coinbase is FDIC insured though.
You guys actually keep your crypto sitting on exchanges and online? You crazy. Hard wallet. Offline. Store them in many diff areas. I don't even have access to some of my keys unless I take a flight.

I do no trading nor buying of any crypto this much I assure you. Just hodl.
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Old 01-07-2021, 06:32 PM   #2164
Nirvana58 Nirvana58 is offline
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You can always buy and sale bitcoin on Robinhood.
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Old 01-07-2021, 06:33 PM   #2165
eDave eDave is offline
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Originally Posted by Nirvana58 View Post
You can always buy and sale bitcoin on Robinhood.
Kinda.
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Old 01-07-2021, 06:37 PM   #2166
Nirvana58 Nirvana58 is offline
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Kinda.
I have bitcoin that I bought on Robinhood. I am missing something?
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Old 01-07-2021, 06:39 PM   #2167
big nasty kcnut big nasty kcnut is offline
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I'm using Robin Hood to invest in bitcoin.
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Old 01-07-2021, 07:12 PM   #2168
Jewish Rabbi Jewish Rabbi is online now
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Originally Posted by Nirvana58 View Post
I have bitcoin that I bought on Robinhood. I am missing something?
Yes.
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Old 01-07-2021, 08:28 PM   #2169
eDave eDave is offline
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Robinhood is price leveraging, but you dont own the coins. It's a derivative, meaning you are buying and selling contracts for the difference in price, not in bitcoin.

Your transactions in Robinhood do not affect bitcoin price at all. In fact, Robinhood is a detriment to bitcoin, though a recommended tutorial before you join an exchange and start buying actual bitcoins.

You can transact with bitcoin through Robinhood, I believe. Cashapp deals in real coin, but limited to $2,500/mo.
Last edited by eDave; 01-07-2021 at 08:58 PM..
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Old 01-07-2021, 08:39 PM   #2170
diqlix diqlix is offline
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Originally Posted by Nirvana58 View Post
I have bitcoin that I bought on Robinhood. I am missing something?
No.

Just the “coin” itself.

which most people don’t care about

we just want the profit
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Old 01-08-2021, 07:30 AM
eDave
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Old 01-08-2021, 08:10 AM   #2171
eDave eDave is offline
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https://trends.google.com/trends/exp...=buy%20bitcoin
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Old 01-08-2021, 08:15 AM   #2172
bdj23 bdj23 is online now
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I use cashapp but like I've said previously, I usually buy then transfer straight to my online poker site.
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Old 01-08-2021, 08:31 AM   #2173
scho63 scho63 is offline
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Gentlemen, we are nearing a stock market crash like 1987.

Way too much speculation, stocks skyrocketing with no justification and people rushing in for fear of losing out.

I'm going to load up on S&P puts for 2 months out.
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Old 01-08-2021, 08:33 AM   #2174
eDave eDave is offline
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Gentlemen, we are nearing a stock market crash like 1987.

Way too much speculation, stocks skyrocketing with no justification and people rushing in for fear of losing out.

I'm going to load up on S&P puts for 2 months out.
This is good for bitcoin.
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Old 01-08-2021, 09:50 AM   #2175
ChiefRocka ChiefRocka is offline
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Originally Posted by scho63 View Post
Gentlemen, we are nearing a stock market crash like 1987.

Way too much speculation, stocks skyrocketing with no justification and people rushing in for fear of losing out.

I'm going to load up on S&P puts for 2 months out.
Don't disagree on the ultimate outcome, just the timing. I keep asking myself where do I think the trillions that have just been "gifted" to corporations and banks will go in the next 6-12 months....offshore, traditional equities, private equities at least until the can stops being kicked?

Lastly, I'll just end in saying that simple savings accounts are good things. Not all finances need to be gambled on markets.
Last edited by ChiefRocka; 01-08-2021 at 10:59 AM..
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