Finally a noteworthy competition for Coinbase! Coinbase makes millions a day just based on our purchases because they are the only easily-accesible on-ramp from fiat to crypto. Hopefully, this competition will drive down processing fees and encourage a better user experience for us while they compete for market share. With BTC transaction costs going down as well, it will be mostly dependent on the on-ramp itself, so I am excited to see the innovation that is to come. Thanks for the video!
Information released to Coinbase shareholders indicates that the crypto exchange made $ 1 billion in sales last year. That's the equivalent of $ 2.74 million a day and $ 2,000 a minute.
According to Recode, the crypto exchange took in more than $ 1 billion last year. Most of the profits came from transaction fees. These are between 0.25% and 1% on the crypto exchange. With a large number of transactions or high transfers, this quickly leads to large sums.
But not only the cryptocurrencies on Coinbase are sought after, also the shares of the company are in demand by investors. Shareholders reported that new investors are interested in buying their shares. Coinbase, however, has signed contracts with its investors, which prohibit exactly that.
Selling shares on secondary markets is prohibited for a variety of reasons. One of the reasons is that there is no complete information for the market, it said in a statement of the crypto exchange. "We will take reasonable action if we find out that people have sold their Coinbase shares, contrary to the agreement not to do so."
It's about time that coinbase gets a big competitor.
Wow, I didn't know that about the shares. It makes it almost like an exclusive club-type setting, making the rich richer. I agree with you, it's time for some solid competition to come in and force them to put the cutomer first.
Robinhood's popularity is increasing, because its future is very good. It's more active than before, so we're going through a good time.thanks @trevongb for video
Sign in using to GDAX.com Coinbases exchange using the same password. Set limit order. Youre now a maker=zero fee..But still i think robinhood is a much needed competitor and would trust them with my money more than coinbase. Their regular app is huge.
Coinbase VS. Robinhood reminds me of that classic battle between Luke Cage and Diamondback...
One has been the bully far too long on our bank accounts... now we need a change, or somewhat of a break to grow our accounts. The funny thing is how greedily delusional these exchangers have been. Really do they feel that they can take such large processing fees forever, before some other service comes out of the crowd to create more ease on our investing process? Well it's here... night night coinbase...
Robinhood is definitely going to kill coinbase. As excellent choice for them to start the crypto currency , i used them for stocks and have zero complaints. There will be commission free trading so it will leave behind coinbase.
It’s about time An Exchange took it over, because Coinbase is taking to long bro to add more coins🤦🏾♂️ But from what I heard they will be doing so in Feb. 🤷🏾♂️ I don’t really know, but a friend of a friend told me so from Europe!
Its good to watch these videos at 1.5 or 2x the speed. got through it in 3 minuites
Robinhood is a good step away from coinbase which is trying to be the big bank of crypto. They cannot compete with 0 fees, the next step would be a trust less decentralized exchanges where no one owns it, anyone can join anonymously and be sure that their funds are secured.
@trevonjb great stuff ! Good news to have an alternative to crazy fees coinbase!! Is robinhood decentralised also? It is definitely the future of exchanges! You know kryptobridge? Awesome DEX also... Love your content mate! Following you since the begining! Loyal supporters of yours here! Greetings amigo!
It’s too bad they created futures for bitcoin. I’m sure it will eventually overcome it. Keep up your great work. Thanks man for all update you do for us.
BTW: everyone makes their own decision, no risk, no reward. No pain, no gain.
Do watch you are doing, you are the man!
Robinhood is going to supply endless hours of entertainment for a whole lotta people.
I don't know if it works for apple devices but you might want to grab Ublock Origin (not just Ublock, that got bought out by some ad companies) on Chrome, it's pretty much the best ad-blocker out there.
Trying to watch the video but dtube is having some issues right now.
Alright it's working now, I think the problem they're going to see is that to keep BTC at this level they're going to have to keep making up for the lack of buying demand, Tether is going to keep getting printed so I think we'll see that grow to over 2 billion. Sub 10k looks like where the market is naturally heading, but anything is possible if you have a money printer like Tether does. And who cares, we shouldn't keep all our crypto on exchanges like that hack reminds us.
Killer editing with the music rofl.
Looks like they're playing it by the books with a slow roll-out, respecting states' preferences towards crypto.
I think this is going to open up the market only a little, most of the smaller US traders already have coinbase accounts. I think some may move platforms, but considering how iffy their equities trading is I'm not too confident on their ability to fill orders fast and reliably in the crypto markets either. At least btc and eth haven't had as much volatility as the small coins recently, so that might prepare some traders' butts for when the real rollercoaster coins get added. Probably a fun app to toss a few bucks on and mindlessly click buy and sell in your down time.
Of course they are going to keep printing tether. Let’s say bitcoin is 1000, and they make 1000 tether so a person can sell it and his bitcoin and buy coffee and some donuts. Now bitcoin is 10000 but they keep tether the same amount. Wow, guess what. He can’t sell his bitcoin cuz the”bank” is bankrupt, no tether.
Maybe there are some reasons to worry about tether and the parent company but it’s definitely not because they are “printing” tether. If amything, more tether means more liquidity. I would be more worried if they stopped printing tether.
I have been using Robinhood for quite some time and have found it very useful so that is very exciting. Also, read the lawsuit against bitconnect, I do not think it will be successful because it says we were guaranteed 1% a day which is not true, they never said that. And it also blames a couple promoters, which is trying to blame someone that had more exposure than others. Furthermore, the price of the coin dropped because people sold out, lost faith, bitconnect didn't go anywhere the people did. It's like any stock or currency, it's based on the value people give it. You know what you where getting into, I lost too so what, you learn and move on. Write it off on your taxes for all I care.
YOU are doing amazing job. “The best revenge is massive success.”
Keep it up. Thanks for a great update.
Bitcoin is at the consolidation cycle, just like history was repeatedly.
so I recently joined steemit and invested a bitcoin into it based on a recommendation from a buddy of mine. He suggested that I follow and watch you @trevonjb . I'm glad to learn the ropes from your videos. I like your style and knowledge. I'm going to follow your link to Robinhood and join. I trade some stocks but the crypto angle is great. I didn't like my initial experience with coinbase. Thanks for doing your vids, they are fun to watch.
I have been using Robinhood for a year and I love buying stocks there. It makes it easy on my smart phone. Joining the two will put them ahead of Coinbase I think. Robinhood will allow us to buy cryptocurrencies with fiat. I think anything $1000 or more you'll have to switch to their Robinhood Gold which is $6 a month. Not bad
thank you for sharing the best part about Robinhood platforme is that your referral link never changes. It's the same invite link you've always been using. The only difference is the incentive you get, the incentive your friend gets, and the rules regarding withdrawals
I was happy to hear about this yesterday so I'm glad you did your vid. I'm having trouble with the network so I'll head over to your link and sign up and then finish the vid. This is gonna be a great service so thanks.
I mean, the fact that Robinhood never charges any fees for buying or selling stocks and ETFs and that it has free bank transerfs it's a game changer. Of course, no acc minimun for basic accounts and it's easy interface is a big bonus as well. Coinbase is soon going to be behind us.
An exchange with no fees is a very big deal. They will at least get a ton of people. Read that already several hundred thousand has signed up early.It is coinbase killer.
well good to see you with in your new video and talk on coinbase and crypto and i like your work to talk on crypto and give your reviews like always i always found your blog helpfull about crypto @trevonjb
keep it up always for help all of us
I saw an article about this yesterday** 0 trading fees** , i was like damn this is really the best step in crypto going forward , plus they give you a free stock which is pretty swheet
This will be for sure the new "Coinbase" ! I have been on Robinhood since long time and they have a lot of users and a lot of money, so there is no way they cant go over Coinbase in crypto :))
Tre, I am really excited about robinhood but my comment is more for you, Thank u for every video I have become a fan. please don't stop making videos even though you have to go through a lot of bullshhhh,,,,,,TREFORPRESIDENT#the earnig must continue<<<>>>>
We need it. Way too much power in Coinbases hands. It's good to see new competition coming into the market and it'll make Coinbase step up their game as well. It's a win for everyone in crypto, to have more of these companies fighting for our business!
truly your body language talk more your interest on coinbase, your robinhood tag attract more of your upvote, coinbase talk more on securing your crypto, they had more coin its best for them or risky anyway they see it
I don´t know what I feel about it, but it's definitely good for us that Coinbase get some competition, especially with no fees, so that way they see themselves forced to lower their fees.!
First of all, I commend you for the continued use of dtube, it's awesome experience. Truth is, robinhood is awesome, but i don't see it displacing coinbase soon
Robinhood is going to explode. I'm betting they won't be able to handle the traffic. That being said, I'm definitely going to use it for no crypto fees...
If I was a NEM theif, why would you drop the crypto in a way that would kill the market, that silly. You might sell off, but you would do so regularly and inconspicuously. For two reasons, to not draw attention to the sales, but also to prevent the price from plummeting under the weight of your sales.
I think this is the same as the gold rush. The one who supply trading are the ones who get rich the same as the shopkeepers of gold rush. This is a very interesting thing to get involved!
If BTC does not break resistance soon i think we would have to call this a bear market and i heard of this robin hood thing i think i saw a Bloomberg article on it.
Finally a noteworthy competition for Coinbase! Coinbase makes millions a day just based on our purchases because they are the only easily-accesible on-ramp from fiat to crypto. Hopefully, this competition will drive down processing fees and encourage a better user experience for us while they compete for market share. With BTC transaction costs going down as well, it will be mostly dependent on the on-ramp itself, so I am excited to see the innovation that is to come. Thanks for the video!
Information released to Coinbase shareholders indicates that the crypto exchange made $ 1 billion in sales last year. That's the equivalent of $ 2.74 million a day and $ 2,000 a minute.
According to Recode, the crypto exchange took in more than $ 1 billion last year. Most of the profits came from transaction fees. These are between 0.25% and 1% on the crypto exchange. With a large number of transactions or high transfers, this quickly leads to large sums.
But not only the cryptocurrencies on Coinbase are sought after, also the shares of the company are in demand by investors. Shareholders reported that new investors are interested in buying their shares. Coinbase, however, has signed contracts with its investors, which prohibit exactly that.
Selling shares on secondary markets is prohibited for a variety of reasons. One of the reasons is that there is no complete information for the market, it said in a statement of the crypto exchange. "We will take reasonable action if we find out that people have sold their Coinbase shares, contrary to the agreement not to do so."
It's about time that coinbase gets a big competitor.
Wow, I didn't know that about the shares. It makes it almost like an exclusive club-type setting, making the rich richer. I agree with you, it's time for some solid competition to come in and force them to put the cutomer first.
Robinhood's popularity is increasing, because its future is very good. It's more active than before, so we're going through a good time.thanks @trevongb for video
Sign in using to GDAX.com Coinbases exchange using the same password. Set limit order. Youre now a maker=zero fee..But still i think robinhood is a much needed competitor and would trust them with my money more than coinbase. Their regular app is huge.
Coinbase is highway robbery
Coinbase VS. Robinhood reminds me of that classic battle between Luke Cage and Diamondback...
One has been the bully far too long on our bank accounts... now we need a change, or somewhat of a break to grow our accounts. The funny thing is how greedily delusional these exchangers have been. Really do they feel that they can take such large processing fees forever, before some other service comes out of the crowd to create more ease on our investing process? Well it's here... night night coinbase...
Exactly what i wanted to say. Competition is good, for everybody.
Robinhood is definitely going to kill coinbase. As excellent choice for them to start the crypto currency , i used them for stocks and have zero complaints. There will be commission free trading so it will leave behind coinbase.
True most people will find solace in robinhood, such a timely arrival!!
It’s about time An Exchange took it over, because Coinbase is taking to long bro to add more coins🤦🏾♂️ But from what I heard they will be doing so in Feb. 🤷🏾♂️ I don’t really know, but a friend of a friend told me so from Europe!
Yes, i agree man and this is Why i am not on this exchange better kucoin & Bittrex 😎
Its good to watch these videos at 1.5 or 2x the speed. got through it in 3 minuites
Robinhood is a good step away from coinbase which is trying to be the big bank of crypto. They cannot compete with 0 fees, the next step would be a trust less decentralized exchanges where no one owns it, anyone can join anonymously and be sure that their funds are secured.
I like how do you explain and analyze and your body language you are so smart man thank for this video i'm watching @trevonjb
it doesn't work for me because i'm from morocco I don't find My State anyway Thank you Mr @trevonjb
I will try again with my phone
@trevonjb great stuff ! Good news to have an alternative to crazy fees coinbase!! Is robinhood decentralised also? It is definitely the future of exchanges! You know kryptobridge? Awesome DEX also... Love your content mate! Following you since the begining! Loyal supporters of yours here! Greetings amigo!
It’s too bad they created futures for bitcoin. I’m sure it will eventually overcome it. Keep up your great work. Thanks man for all update you do for us.
BTW: everyone makes their own decision, no risk, no reward. No pain, no gain.
Do watch you are doing, you are the man!
Robinhood is going to supply endless hours of entertainment for a whole lotta people.
I don't know if it works for apple devices but you might want to grab Ublock Origin (not just Ublock, that got bought out by some ad companies) on Chrome, it's pretty much the best ad-blocker out there.
Trying to watch the video but dtube is having some issues right now.
Alright it's working now, I think the problem they're going to see is that to keep BTC at this level they're going to have to keep making up for the lack of buying demand, Tether is going to keep getting printed so I think we'll see that grow to over 2 billion. Sub 10k looks like where the market is naturally heading, but anything is possible if you have a money printer like Tether does. And who cares, we shouldn't keep all our crypto on exchanges like that hack reminds us.
Killer editing with the music rofl.
Looks like they're playing it by the books with a slow roll-out, respecting states' preferences towards crypto.
I think this is going to open up the market only a little, most of the smaller US traders already have coinbase accounts. I think some may move platforms, but considering how iffy their equities trading is I'm not too confident on their ability to fill orders fast and reliably in the crypto markets either. At least btc and eth haven't had as much volatility as the small coins recently, so that might prepare some traders' butts for when the real rollercoaster coins get added. Probably a fun app to toss a few bucks on and mindlessly click buy and sell in your down time.
Thanks!
Of course they are going to keep printing tether. Let’s say bitcoin is 1000, and they make 1000 tether so a person can sell it and his bitcoin and buy coffee and some donuts. Now bitcoin is 10000 but they keep tether the same amount. Wow, guess what. He can’t sell his bitcoin cuz the”bank” is bankrupt, no tether.
Maybe there are some reasons to worry about tether and the parent company but it’s definitely not because they are “printing” tether. If amything, more tether means more liquidity. I would be more worried if they stopped printing tether.
Do you have a link to Ublock?
Greetings
Here you go my man from Amsterdam. It's also available on Firefox if you have that.
https://chrome.google.com/webstore/detail/ublock-origin/cjpalhdlnbpafiamejdnhcphjbkeiagm
Thank you very much 👌
The cryptomarket is not doing well I see. But still things will turn around soon. And big money starts getting wired into people's personal accounts
I have been using Robinhood for quite some time and have found it very useful so that is very exciting. Also, read the lawsuit against bitconnect, I do not think it will be successful because it says we were guaranteed 1% a day which is not true, they never said that. And it also blames a couple promoters, which is trying to blame someone that had more exposure than others. Furthermore, the price of the coin dropped because people sold out, lost faith, bitconnect didn't go anywhere the people did. It's like any stock or currency, it's based on the value people give it. You know what you where getting into, I lost too so what, you learn and move on. Write it off on your taxes for all I care.
YOU are doing amazing job. “The best revenge is massive success.”
Keep it up. Thanks for a great update.
Bitcoin is at the consolidation cycle, just like history was repeatedly.
so I recently joined steemit and invested a bitcoin into it based on a recommendation from a buddy of mine. He suggested that I follow and watch you @trevonjb . I'm glad to learn the ropes from your videos. I like your style and knowledge. I'm going to follow your link to Robinhood and join. I trade some stocks but the crypto angle is great. I didn't like my initial experience with coinbase. Thanks for doing your vids, they are fun to watch.
#Robinhood is a good app referral programs seem to change constantly. Get a free stock by participating in the referral program today.
Yes Robinhood is an great app.. i like all the extras you can earn easy...
I signed up yesterday. So clean. I love the tron look for all cryptos.
I have been using Robinhood for a year and I love buying stocks there. It makes it easy on my smart phone. Joining the two will put them ahead of Coinbase I think. Robinhood will allow us to buy cryptocurrencies with fiat. I think anything $1000 or more you'll have to switch to their Robinhood Gold which is $6 a month. Not bad
Wow it can be used as financial advice if you understand it well thanks my main brother
Number 1 steem daddy
@trevonjb
thank you for sharing the best part about Robinhood platforme is that your referral link never changes. It's the same invite link you've always been using. The only difference is the incentive you get, the incentive your friend gets, and the rules regarding withdrawals
This is an awesome analysis,
I was happy to hear about this yesterday so I'm glad you did your vid. I'm having trouble with the network so I'll head over to your link and sign up and then finish the vid. This is gonna be a great service so thanks.
I mean, the fact that Robinhood never charges any fees for buying or selling stocks and ETFs and that it has free bank transerfs it's a game changer. Of course, no acc minimun for basic accounts and it's easy interface is a big bonus as well. Coinbase is soon going to be behind us.
Robinhood will revoluntionalize the game, coinbase has been monopolising for long.
It also takes long to add new coins..!!
Crypto is going green soon again.
What a rap. hahaha
Bitcoin, Ethereum, Bitcoin Cash, Litecoin, Ripple, Ethereum Classic, Zcash, Monero, Dash, Nlbams baps hahahah.
Love you Trevon... wish you all the best in life..
UPVOTED & RESTEEMED
An exchange with no fees is a very big deal. They will at least get a ton of people. Read that already several hundred thousand has signed up early.It is coinbase killer.
I think coinbase is taking too much time to add more coins and it's not good for a pluralistic and competitive market like Ours.
RobinHood is definitely going to give coinbase a good run
well good to see you with in your new video and talk on coinbase and crypto and i like your work to talk on crypto and give your reviews like always i always found your blog helpfull about crypto @trevonjb
keep it up always for help all of us
I saw an article about this yesterday** 0 trading fees** , i was like damn this is really the best step in crypto going forward , plus they give you a free stock which is pretty swheet
This will be for sure the new "Coinbase" ! I have been on Robinhood since long time and they have a lot of users and a lot of money, so there is no way they cant go over Coinbase in crypto :))
Tre, I am really excited about robinhood but my comment is more for you, Thank u for every video I have become a fan. please don't stop making videos even though you have to go through a lot of bullshhhh,,,,,,TREFORPRESIDENT#the earnig must continue<<<>>>>
We need it. Way too much power in Coinbases hands. It's good to see new competition coming into the market and it'll make Coinbase step up their game as well. It's a win for everyone in crypto, to have more of these companies fighting for our business!
truly your body language talk more your interest on coinbase, your robinhood tag attract more of your upvote, coinbase talk more on securing your crypto, they had more coin its best for them or risky anyway they see it
I don´t know what I feel about it, but it's definitely good for us that Coinbase get some competition, especially with no fees, so that way they see themselves forced to lower their fees.!
Yeah, Coinbase is going to be the Myspace to Robinhoods Facebook if they aren't careful! Need to add a couple more coins and commit to Segwit.
Thanks for the video as always!
I just signed up yesterday!! Bye Bye Coinbase
First of all, I commend you for the continued use of dtube, it's awesome experience. Truth is, robinhood is awesome, but i don't see it displacing coinbase soon
Good one @trevonjb
Robinhood is going to explode. I'm betting they won't be able to handle the traffic. That being said, I'm definitely going to use it for no crypto fees...
Zero fee trading looks really interesting... will definitely join now, Thanks @trevonjb for sharing!
If I was a NEM theif, why would you drop the crypto in a way that would kill the market, that silly. You might sell off, but you would do so regularly and inconspicuously. For two reasons, to not draw attention to the sales, but also to prevent the price from plummeting under the weight of your sales.
If you like that coin, buy the dip.
I think this is the same as the gold rush. The one who supply trading are the ones who get rich the same as the shopkeepers of gold rush. This is a very interesting thing to get involved!
It is so great because I already have a robin hood account.
Day by day crypto is going more mainstream...People better get on board soon or they will get left behind
Thanks for information. @trevonjb
Thanks for telling this to us! :)
PS. and yep, I think crypto is getting mainstream! Maybe the recent dip stopped the huge mass to get in!
I love Robinhood. Such a nice UI. Coinbase's reign must stop!
Ponzi Scheme Dream Team
Craig Grant, Trevon James, Crypto Nick, and Ryan Hildreth
laughing and telling you to move on
https://www.silvermillerlaw.com/wp-content/uploads/2018/01/2018-1-24-DE-1-CLASS-ACTION-COMPLAINT.pdf
I thought Ethos will do that to coinbase but Robinhood may do it before that
nice to see a good competitor to coinbase,, thanx @trevonjb
If BTC does not break resistance soon i think we would have to call this a bear market and i heard of this robin hood thing i think i saw a Bloomberg article on it.