Robinhood to offer free crypto trading

Stock trading app Robinhood is becoming a cryptocurrency broker.

I believe this is the first “traditional” (used loosely here) brokerage to offer cryto in the US. In other countries, Etoro is an option. Of course, how long until Coinbase introduces traditional security trading?

via Stock trading app Robinhood to roll out bitcoin, ethereum trading at CNBC

Crush Crypto Core Listed on IDEX – Crush Crypto

Originally, this was introduced on the Iconomi platform, which had a KYC process in place restricting those from countries with potential regulations, like the United States.

The solution? Wait a few months and list on an unregulated exchange, providing conveniently scheduled liquidity periods.

Crush Crypto Core (CCC) is now listed on IDEX. Anyone can now purchase CCC from the exchange.

For those of you who live in countries that are excluded from ICONOMI (US or Canada), or if your deposit limit in ICONOMI is maxed out, you can purchase CCC directly from IDEX.

In order to jump start the liquidity of CCC, we will put up some orders on IDEX every day at 2pm PST (5pm EST or 10pm GMT) so there is guaranteed liquidity at that time. We will put up buy/sell orders for CCC at the market value as quoted on ICONOMI, but will pull the order after 15 minutes since the value of CCC fluctuates continuously.

via Crush Crypto Core Listed on IDEX at Crush Crypto

Highlights from ~95 theses on crypto

95 Theses for 2018On Crypto Prices and “Investing”

1) 2017–2019 will be THE big crypto bubble. Things could get nuttier from here…far nuttier than in the dotcom era. The retail investor base is 10x larger, with 24/7 access to the FOMO and get rich quickism. And we’ve got CNBC to help with the pump!1a) Unbelievably, the institutions will be the last money in this time, with the futures market and custody solutions just coming online, and the mythical ETFs perhaps not too far behind. This has been properly hyped, I think. I could see a Q1-Q2 stampede.

Lots of great ideas in this post from TwoBitIdiot on Medium. Here’s a few more:

3) BTC, ETH, ZEC, and XMR are the main cryptocurrencies. These could still have a LOT of room to run. Money is a reflexive asset where the more people buy it and use it and believe in it, the more valuable it gets. Cryptocurrencies are the ultimate momentum play.

5) Most utility tokens, then, will go to zero, regardless of team quality and execution. You simply don’t need to hold them but for momentum & greater fool investing. When the market lacks “higher order” investors for speculators to flip to, assets will unwind. Viciously.

17) Forks with airdrops will become the preferred alternative to ICOs. You give away free money in order to get people excited about the new and improved project. The only thing they pay is attention. The people who truly buy in become your collaborators

54) Sooner rather than later, the institutions will wise up to the reality that they shouldn’t be paying carry on funds mostly denominated in BTC and ETH. When that happens, you’ll see a massive influx of capital to passive index funds like Bitwise’s HOLD 10.

via 95 Crypto Theses for 2018 – TBI’s Weekly Bits – Medium at Medium

Coinbase’s masterplan to compete with traditional brokerages

What’s lost amid all of this excitement, however, is that Coinbase is quietly and rapidly executing a classic “Trojan Horse” strategy that could ultimately end up with it putting traditional brokerages out of business.

via The Coinbase Master Plan for World Domination: How Traditional Brokerages Are Being Set Up for Disruption at Never Stop Marketing…

Decentralized crypto exchanges are the only way forward

Centralized and custodial exchanges are the exact antithesis of why Bitcoin was born and why (we like to think) people spend their time in the crypto world.We are building trustless technology to remove middlemen, monopolies and risk

via ☠ Token Economy #31: Kraken & the death of centralized exchanges at Token Economy – Medium

Bullish on bitcoin

I think that this market is headed well above 20000$ in the upcoming weeks/months, for completeness a possible bearish scenario would imply first a drop down to 7500$

I think that this market is headed well above 20000$ in the upcoming weeks/months, for completeness a possible bearish scenario would imply first a drop down to 7500$

From last week, a bullish longterm view of bitcoin from one long-term trader’s perspective

via Long Term Update: Bottom Done. at Bitcoin Trading Ideas, Analysis

Bitcoin as compared to beanie babies & gambling

Why am I spilling digital ink on Bitcoin and other coins? I know how this movie will end, and this knowledge brings a weight of responsibility. People will be hurt by this mania, and many of them will not be able to afford their losses.

Why am I spilling digital ink on Bitcoin and other coins? I know how this movie will end, and this knowledge brings a weight of responsibility. People will be hurt by this mania, and many of them will not be able to afford their losses.

One value investor’s take on cryptocurrency. After this analogy, he goes on to liken it to gambling. More true for bitcoin than utility tokens and coins from quality projects.

via Bitcoin and cryptocurrencies are just the Beanie Babies of the moment at Vitaliy Katsenelson Contrarian Edge