crypto currency

[QuarterMillionMan]

Coinbase's weekly drawing this week is $50,000 in USDC and 20 winners gets 1 Solana about $167 value. I always opt in and make small trades just to be eligible for these drawings and hope to get lucky maybe one day.

[QuarterMillionMan]

People see cryptos as a speculative asset similar to gambling. Legacy banks are quietly adopting blockchain technology due to its public ledger which anyone can follow and the old archaic SWIFT system which is slow & expensive. In the past I thought cryptos won't replace SWIFT but as I continue to do my research now I believe cryptos will replace SWIFT. You can bury your head in the sand all you want. I choose to embrace it and will continue to stack cryptos.

[ua_guy]

I think there is a difference between burying heads in sand, and choosing to invest in a highly volatile currency. It doesn't fit the risk profile for my goals. Burying a head in the sand is refusing to learn anything about it. Not investing in it, you can't really fault anyone for that. Believer or non-believer, I'm more apt to be a non-believer, but that fits with my overall skepticism--I'm not religious, either. There are a lot of rubes invested in crypto and they've lost a lot of money doing it, yet all we hear about is how it's the future, and utopia--mostly because it's on a winning streak--in this moment. Those two realities are incompatible, and the investment risk as well as the hurdles to adoption very readily explain the disconnect.

[disneysteve]

I think there is a difference between burying heads in sand, and choosing to invest in a highly volatile currency.

Agreed. I have a basic understanding of what crypto is. It's just not something I see any reason to get involved in. I have no highly speculative holdings in our portfolio. I'm not going to add this one.

[QuarterMillionMan]

I got this email that Bitstamp is joining with Robinhood. I have both and Bitstamp can only buy & sell and I was trying to transfer out my small $200 worth of XRP but no can do and I don't want to sell it. With Robinhood can transfer out so I'm looking forward to this merger.


We’re excited to share that Bitstamp has officially joined Robinhood—a major step in our mission to build the safest and most trusted crypto trading platform in the world.

By bringing together Robinhood’s innovative technology with Bitstamp’s trusted global crypto exchange, we’re creating a powerful platform designed to better serve you.

Here’s what this means for you:

Safety, Trust, and Compliance at Our Core

Security and regulatory compliance are at the heart of everything we do. This combination strengthens our shared commitment to keeping your assets safe and providing a transparent, trustworthy trading experience.

More Access, More Opportunities

With Bitstamp’s global presence and regulatory licenses across Europe, the UK, and the US—and Robinhood’s easy-to-use interface and strong retail community—you’ll have continued access to deep liquidity and 24/7 crypto markets.

We’re just getting started. Join us on our Robinhood Presents: To Catch a Token livestream on June 30th to get a first look at what’s coming.

Thanks for being a part of this journey with us.

— The Teams at Robinhood & Bitstamp

[james.hendrickson]

its a good move for bitstamp. Its unclear what Robinhood gets from this. Maybe better access to the crypto markets?

[QuarterMillionMan]

Robinhood gets Bitstamp’s global presence and regulatory licenses across Europe, the UK.

[QuarterMillionMan]

I opted in for this free $10 in BTC ($5 each week) w/a minimum of $15 in recurring buy of any crypto.

[james.hendrickson]

I opted in for this free $10 in BTC ($5 each week) w/a minimum of $15 in recurring buy of any crypto.

Think its worth it? Bitcoin is volatile.

[QuarterMillionMan]

To me it's worth it. First weekly recurring $15 buy today of a crypto (I got Quant), get $5. Second weekly recurring $15 buy of Quant again, get $5. Thereafter I can cancel my weekly recurring buys but I think I'll keep going.

[QuarterMillionMan]

Bought $15 of Quant yesterday on the recurring buy promotion, today got my free $5 in bitcoin.

[QuarterMillionMan]

Rec'd my $10 in bitcoin ($5 on June 4 & $5 on June 12), for making weekly recurring buys of $15 of Quant. I can discontinue the recurring buys at anytime but will leave it for now. That was an easy $10 in free bitcoin.