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...
Describe the company that is more than 3 million customer by the end of 2015.nytimes, according to the US tax administration, tax evasion bitcoin users are engaged in on a hunt. the IRS inspector named John Doe American, people that use coinbase and bitcoin to evade taxes was found in three cases both of them among customers .these two customers intent buy from them bitcoin and the tax office 'technology expenses' as wrong! that States two companies.between 2013-2015 doe inspector requested records of all purchases of virtual currency company coinbase. basic U.S. tax rules for bitcoin users to the tax office instructions, virtual currencies as currency instead of property tax from the standpoint that people should be treated. for example, a person $ 200 if she buys a bitcoin, then the value of $ 400 in earnings rises to 200 $' s to save will default to the tax authorities. this news for Best comedy* reply bitcoin.com the owner of the site and bitcoin investor from Roger Ver; "the American IRS taxation of bitcoin if there is such an attempt, this also shows that bitcoin is becoming accepted by the state of a tool."
Thanks for the video.Such an event had been videoyu I wanted to see.@ trevonjb
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!
@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.
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...
Describe the company that is more than 3 million customer by the end of 2015.nytimes, according to the US tax administration, tax evasion bitcoin users are engaged in on a hunt. the IRS inspector named John Doe American, people that use coinbase and bitcoin to evade taxes was found in three cases both of them among customers .these two customers intent buy from them bitcoin and the tax office 'technology expenses' as wrong! that States two companies.between 2013-2015 doe inspector requested records of all purchases of virtual currency company coinbase. basic U.S. tax rules for bitcoin users to the tax office instructions, virtual currencies as currency instead of property tax from the standpoint that people should be treated. for example, a person $ 200 if she buys a bitcoin, then the value of $ 400 in earnings rises to 200 $' s to save will default to the tax authorities. this news for Best comedy* reply bitcoin.com the owner of the site and bitcoin investor from Roger Ver; "the American IRS taxation of bitcoin if there is such an attempt, this also shows that bitcoin is becoming accepted by the state of a tool."
Thanks for the video.Such an event had been videoyu I wanted to see.@ trevonjb
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 😎
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.