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This is a completely incorrect statement. I'm not going to start dropping tickers, but there are other coins that are backed by revenue generating technology that serves a purpose.Basically, assume any crypto on RH that isn't BTC or ETH is worthless.
What revenue generating technology or purpose? All Robinhood lists are BTC, ETH, their hard forks that are still POW store of value coins, and DOGE.This is a completely incorrect statement. I'm not going to start dropping tickers, but there are other coins that are backed by revenue generating technology that serves a purpose.
Aw didn't realize you were only talking about Robinhood supported coins. You can't actually transfer any coins from RH to a wallet right? You don't actually "own" them? I heard something about that. Not real familair with RH.What revenue generating technology or purpose? All Robinhood lists are BTC, ETH, their hard forks that are still POW store of value coins, and DOGE.
For real. Their liquidity issues that they finally admitted to are troubling to say the least.Robinhood you can't transfer coins off their platform. Which means if you're a long term hodl, and they get hacked, you're f*cked. And one only needs to watch the congressional hearing on GME with the CEO from Robinhood to realize how dumb you have to be to continuing using that platform.
I absolutely love the marriage of subversion and humanity that these events embodyRobinhood you can't transfer coins off their platform. Which means if you're a long term hodl, and they get hacked, you're f*cked. And one only needs to watch the congressional hearing on GME with the CEO from Robinhood to realize how dumb you have to be to continuing using that platform.
Anything in particular that kicked it off? Everything is plummeting hardBitcoin bringing max pain tonight.
Slamming alts faces into the parking lot asphalt like Red Lee.
Bitcoin rules all. Some major whales (billionaires) or institutions are taking profit for it to drop this hard. I'm sure we'll find out tomorrow.Anything in particular that kicked it off? Everything is plummeting hard
Ugly. Looks like buyers are stepping in now, slight reversal.Bitcoin bringing max pain tonight.
Slamming alts faces into the parking lot asphalt like Red Lee.
Yes, I was talking specifically about Robinhood coins. None of them are revenue-producing, because they're all POW coins and most are POW shitcoins. Also true that you can't transfer out of RH and that makes it worthless as a crypto onramp.Aw didn't realize you were only talking about Robinhood supported coins. You can't actually transfer any coins from RH to a wallet right? You don't actually "own" them? I heard something about that. Not real familair with RH.
Cheers. Looks like about a 20% draw down on most coins based on that news. I have a feeling the IRS will be reviewing CAP gains taxes this year, and will have a realization that they may not be....allocating your gains in the best possible way for the good of Country.Yes, I was talking specifically about Robinhood coins. None of them are revenue-producing, because they're all POW coins and most are POW shitcoins. Also true that you can't transfer out of RH and that makes it worthless as a crypto onramp.
I'm well aware of other revenue-producing coins; I'm probably the biggest DeFi shill on the forum and very bullish in general on BNB, SOL, and LUNA.
Few folks are saying that this FUD caused the flash crash earlier today: