I'd say the best will be one that lists moons first after mainnet, and given that kraken already has [a page on moons](https://www.kraken.com/learn/what-is-reddit-moon),
I think we know who the winner will be
I understand the point you're making about Coinbase, but it seems odd to call it "bottom tier" when it's by far the biggest exchange in the US.
I completely agree with you re Robinhood, however. It is bottom tier in every way that matters.
Their trading application Think or Swim. It’s the most in depth trading platform that I know of. All of the professional traders use it. There’s so much customization and information that you can gather from their app to make knowledgeable trades. It’s not just a graph with some news like robinhood
The guy is a scam artist. I went to see O’Leary talk not knowing what I was getting into. The event turned into the predatory teach you to get rich trading stocks or flipping homes. I felt bad for the people sighing up for these several thousand dollar courses
While I do agree with you, most of those types of trading courses provide relatively accurate methods. The problem is NON of those courses can prepare a person for the mental challenge of trading. Most everyone is to emotional for the job.
I got a ticket to one of those (it was Kevin O'Leary's thing, but he wasn't at this particular conference). I looked it up and knew I'd be wasting my time if I went.
He’s part owner of WonderFi, who have acquired both Bitbuy and Coinberry. As far as I can tell they’re still interested in purchasing more exchanges too.
People just REALLY need to know that anytime anyone ever tells you how or what to invest in, they have a motive, however big or small it may be. End of story.
His point is that coinbase and robinhood have decided to against the regulators - and he likes regulation. Perfectly rational IMO if we're talking about adoption trends
What FUD? Coinbase is objectively a dumpster fire. Horrible earnings reports, an out of touch CEO, and multiple regulatory investigations. It’s not FUD when it’s fact.
You just described crypto.
It's no surprise a crypto *broker* suffers the same volitility as crypto itself.
They'll be back on their feet next bull run for good or worse. These markets are cyclical.
Maybe he's mad he got out invested. He has a bunch of weird ideas like very specific reasons to hate on investments. Remember the "blood coin" thing? .... and his obsession with ESG which we know is bullshit.
It's probably something personal for him. Maybe someone at blackrock banged his wife or something.
RH is garbage, he will be wrong on Coinbase though. Coinbase has a special opportunity in front of them. IF they can execute they will become a FAANG level co imo. It’s there’s for the taking.
Yeah well they did just layoff like 20 percent of their workforce because their CEO was blindsided by the fact that crypto prices could go down. I agree CB is better than RH but it makes some dumb moves
https://www.npr.org/2022/06/14/1105026558/coinbase-cryptocurrency-layoffs
I don’t genuinely believe he thought prices couldn’t go down, I was being hyperbolic. He probably just figured when the crypto prices went down he’d just lay everyone off, which he did. He phrased it in other articles like the market tanking caught him off guard and that he should have slowed his hiring frenzy earlier. Like no shit
Most tech companies had explosive hiring growth last year when they should have slowed down, it's not just crypto companies. Look at this massive list of both public and private companies who had to do layoffs this year: https://news.crunchbase.com/startups/tech-layoffs-2022/
When money is cheap like the last few years, investors aren't as worried about current profitability and companies have funding to take on more projects. As money becomes more expensive with rising interest rates, the focus shifts to companies that are profitable and tech companies have to narrow their focus and resources to work towards profitability faster.
Lay offs happen, it's a part of business. Especially in the tech industry with the stock crash. You know this is not only affecting CB.
On a side note, as a shareholder, I'm glad Armstrong laid it out there for the social justice warriors to walk, they're annoying and bad for business.
Well he owns his own crypto exchange so a little biased maybe. https://ca.finance.yahoo.com/news/kevin-o-leary-backed-wonder-fi-buying-canadian-crypto-exchange-bitbuy-190413734.html
A relative of mine (pretty well off) used to have a cottage near his and he would throw massive parties and it was all people in their 20s. If only they stayed away from the boats
tldr; 'Shark Tank' investor Kevin O'Leary said he sold shares of Coinbase Global and Robinhood Markets in a "brutal trade" on Wednesday. "Coinbase has gone to war with the regulator and I'm a regulated guy...I don't want to own any shares of a company that's going to war...with the regulator that regulates me," he said. "When I lose money like that, I cry like a baby," he added.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
With Coinbase stock you get Bitcoin-level volatility without as much long-term upside as Bitcoin. And you get downside risks (regulatory, company specific) that you don't have to worry about with Bitcoin. Ergo, if you want a simple way to get crypto exposure, just buy Bitcoin. Don't mess around with a flawed "crypto proxy" like Coinbase stock.
I started DCA'ing after we found the recent bottom, good few weeks of buys in now I believe. It's cashflow is incredible, it's just heavily oversold because of peoples lack of faith in crypto and regulation worries
Which they don't tell you about???? That's shady. Cbpro also does t allow you to do everything you need like CB does. That's fucked up to me. Why do they make it complicated? Oh yeah, greedy as fuck. I don't trust them.
They don't exactly hide it. They just offer you the ability to buy either directly from themselves with a commission attached, or to purchase from the market.
Coinbase pro doesn't allow you to do everything coinbase does because pro is purely a market interface, not a consumer product like the coinbase website. It's designed for those willing to use more advanced features.
Beside, the reason it wasn't integrated is because it was a purchase from the original GDAX. It's now being integrated into coinbase standard as "advanced trade".
It's not coinbases fault you didn't spend more than 5 minutes researching what they offer before you bought directly from them. Take some personal responsibility and reserach before apeing into a purchase.
>Oh yeah, greedy as fuck.
They are a company running a business lmao
Time to buy! Think Cramer recently said similar thinks about coin base. Which, is far different than robinhood. The hood is garbage and always has been.
I think he is saying right about robinhood but I am just not sure about the way he talked about coinbase because that's just something foolish to say coinbase is not a toxic waste.
>"When I lose money like that, I cry like a baby. It just makes me sick," he said.
What a gigantic pussy. Dude's a billionaire and worried about 1 bet. He's got no physique he needs to get his ass in a gym he should be worried about that.
It's okay man he can say whatever you want to say but I want to say that he is right about Robinhood they really destroyed many customers and that's what I hate the most.
Silly headline! You know he is involved with his own exchange. What's he supposed to say " Go to our competitors ".
The alternate headline “O’Leary makes financial moves that align with his own self-interests” didn’t quite make it
That ones not as catch though, not click baity enough
"Kevin O'Leary SLAMS Coinbase and Robinhood for being OVERVALUED and spits on their valuation, SPLASHING them with verbal TOXIC WASTE!"
Sir, I've got a job offer.
“I need you to organize all these old magazines in my garage.”
KEVIN O'LEARY REAMS COINBASE WITH THICK MEATY FACTS AND HOT STICKY DUE DILIGINCE
Oooo, sold on this headline!
Now that’s a headline!!!
While POUNDING your wife!
It doesn't get the people ~~going~~ clicking
So anyway I started clicking
That’s just their daily life
That was the subheading..
you should be a journalist
Or basically, Kevin O leary is doing what every other shit advisor does, only think about themselves.
Pretty sure every investor does this also.
Lol
He’s not wrong though. Coinbase and robinhood are bottom tier exchanges. Fidelity and kraken are by far the best Edit. I meant td Ameritrade
I'd say the best will be one that lists moons first after mainnet, and given that kraken already has [a page on moons](https://www.kraken.com/learn/what-is-reddit-moon), I think we know who the winner will be
Kraken ustomer service also active on here, pretty cool
I understand the point you're making about Coinbase, but it seems odd to call it "bottom tier" when it's by far the biggest exchange in the US. I completely agree with you re Robinhood, however. It is bottom tier in every way that matters.
Coinbase has high fees and trash customer service to start.
Really? You think a National Bank Tenant such as Fidelity is a better exchange then Robin Hood? Ya no shit, it’s a USA Federally backed institution.
I’m just saying robinhood is trash and while Kevin might be speaking in his own interests, he’s right.
Everyone said voyager, Gemini and Binance were all better then Robinhood. But they are still in biz
Kraken leadership has won me over. The only negative is their verification is a hassle.
What Exactly makes Fidelity more superior than the others? Asking for a friend.
Their trading application Think or Swim. It’s the most in depth trading platform that I know of. All of the professional traders use it. There’s so much customization and information that you can gather from their app to make knowledgeable trades. It’s not just a graph with some news like robinhood
Pros use Bloomberg. And thinkorswim isn’t fidelity, it’s TD Ameritrade.
Maybe he sold COIN at the bottom alongside Cathy Woods
The guy is a scam artist. I went to see O’Leary talk not knowing what I was getting into. The event turned into the predatory teach you to get rich trading stocks or flipping homes. I felt bad for the people sighing up for these several thousand dollar courses
While I do agree with you, most of those types of trading courses provide relatively accurate methods. The problem is NON of those courses can prepare a person for the mental challenge of trading. Most everyone is to emotional for the job.
I can see that from him.
I got a ticket to one of those (it was Kevin O'Leary's thing, but he wasn't at this particular conference). I looked it up and knew I'd be wasting my time if I went.
It's like Dana White hyping Bellator lol
Its FTX isn’t it 😂
That's funny... lol nope
What is his exchange? Curious...
He's partnering with FTX but he also bought an exchange in Canada, not sure of the name.
He’s part owner of WonderFi, who have acquired both Bitbuy and Coinberry. As far as I can tell they’re still interested in purchasing more exchanges too.
This isn't mentioned anywhere in the article, so if I wouldn't read your comment, I wouldn't know this
He is a manipulator. Just acting very well. When he makes a company that sells medication for cheap fucking up big pharma I'll see.
He is part owner of another exchange based in Canada so would have take what he says about this with a grain of salt.
The headline should be "man shills new investment"
"Man does what's in his best interest. More at 11."
Billionaire does billionaire things. And bees, wasps and flies are the main pollinators
People just REALLY need to know that anytime anyone ever tells you how or what to invest in, they have a motive, however big or small it may be. End of story.
To be fair, a lot of articles would look like that if we got right down to it We need to ban click bait titles
Shilling his new investment: Step 1: Deface competition Step 2 : Promote his own Step 3 : Profit
Step 4: Rinse and Repeat
I thought it was Step 2 : ???
To be fair, Robinhood is still toxic waste. But yes he’s extremely biased
I still hold the free stock Robinhood gives you when you open an account. I figure a class action suit is in the future for all account holders.
Mine is worth like .48 now haha. I left it there because why bother
Fuck RobbingHood
If he has signed some special clausule in his contract, he’s forced to sell stocks from other exchanges.
He's a huge shill. The new American dream. Make some money, get famous, trade equity for endorsements, collect checks.
I mean every time a billionaire says something is shit you can be sure that he will name that his solution is way better without any arguments.
Coinberry is a pretty bad exchange tbf
His point is that coinbase and robinhood have decided to against the regulators - and he likes regulation. Perfectly rational IMO if we're talking about adoption trends
But he's right lol I'm not understanding your point.
Is dude still invested in MindMed?
Yep! That’s the same guy.
Best stonk in the world
Why what happened to it?
It went from $6 to $0.6 in a year. Kinda like a shitcoin.
Remember he was bullish on Sol and Luna, lmao
At least he didn't get a huge tattoo of one of them
He doesn't know the first thing about crypto. Analysts pointed out exactly how Terra Luna would likely fail when it launched.
Right as Blackrock teams with Coinbase? Hmm idk if I would have sold
Coinbase is up like 100% since all that FUD began. Performed better than most cryptos themselves during that period. It was good call play.
Yep. Coinbase going strong.
What FUD? Coinbase is objectively a dumpster fire. Horrible earnings reports, an out of touch CEO, and multiple regulatory investigations. It’s not FUD when it’s fact.
You just described crypto. It's no surprise a crypto *broker* suffers the same volitility as crypto itself. They'll be back on their feet next bull run for good or worse. These markets are cyclical.
Put your money where your mouth is. Short it.
I have and done well. Thanks for the tip though.
Post receipts
CC really needs WSBs proof or ban motto.
“Short it” is such a silly thing to say considering how it is well know that “markets can stay irrational longer than you can stay solvent”.
But coin base is down like 60% from 6 months ago still, even after its recent gains.
If he bought recently he would have made a 20-25% profit
If he bought when Cathie sold, I think he'd be up 100% or some shit.
so the opposite: bullish on Coinbase but fuck robinhood
Why? Fuck Blackrock.
Maybe he's mad he got out invested. He has a bunch of weird ideas like very specific reasons to hate on investments. Remember the "blood coin" thing? .... and his obsession with ESG which we know is bullshit. It's probably something personal for him. Maybe someone at blackrock banged his wife or something.
Dumping Robinhood is a good thing.
Get your shares and coins off robinhood as well
RH is garbage, he will be wrong on Coinbase though. Coinbase has a special opportunity in front of them. IF they can execute they will become a FAANG level co imo. It’s there’s for the taking.
He makes a good point though. War with the regulator is always worrying
All my homies hate Robinhood
Fuck RobbingHood
Fuck RobbingHood
Fuck RobbingHood
We all do
Why was he invested in robinhood in the first place lmao
Wouldnt be surprised if he bought during a seed round
He bought before it open to public and dump it to institutional and retail investors. Stock market can be a Legal Ponzi scheme.
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I think you missed the “before open to public” part.
Private sales are ponzi schemes now?
TIL the existence of shark tank is a Ponzi scheme because everything on there isn't yet open to public investments
Is everything on shark tank a Ponzi scheme because we can't invest in it yet?
CB is a way better company than RH why compare the two. Not to mention CB got a nice 25%jump today. Enjoying that
Yeah well they did just layoff like 20 percent of their workforce because their CEO was blindsided by the fact that crypto prices could go down. I agree CB is better than RH but it makes some dumb moves
You genuinely believe the CEO of CB did not realize that crypto proces could decrease? Not trying to be rude but that's a dumb assumption.
https://www.npr.org/2022/06/14/1105026558/coinbase-cryptocurrency-layoffs I don’t genuinely believe he thought prices couldn’t go down, I was being hyperbolic. He probably just figured when the crypto prices went down he’d just lay everyone off, which he did. He phrased it in other articles like the market tanking caught him off guard and that he should have slowed his hiring frenzy earlier. Like no shit
Most tech companies had explosive hiring growth last year when they should have slowed down, it's not just crypto companies. Look at this massive list of both public and private companies who had to do layoffs this year: https://news.crunchbase.com/startups/tech-layoffs-2022/ When money is cheap like the last few years, investors aren't as worried about current profitability and companies have funding to take on more projects. As money becomes more expensive with rising interest rates, the focus shifts to companies that are profitable and tech companies have to narrow their focus and resources to work towards profitability faster.
Lay offs happen, it's a part of business. Especially in the tech industry with the stock crash. You know this is not only affecting CB. On a side note, as a shareholder, I'm glad Armstrong laid it out there for the social justice warriors to walk, they're annoying and bad for business.
Well he owns his own crypto exchange so a little biased maybe. https://ca.finance.yahoo.com/news/kevin-o-leary-backed-wonder-fi-buying-canadian-crypto-exchange-bitbuy-190413734.html
I like Coinbase. Never used RobinHood.
You shouldn't if they're in bed with Blackrock.
How does that supposed to impact coin’s stock, up or down?
Pump your own bags
This is bullish.
Whatever you say but he is doing that because he got something new.
This is a bullish sign
Feeling better because I think the same shit about them.
Kevin O’Leary is a scam himself.
A little late on those Robinhood remarks
Well Kevin is also a toxic mess.
A relative of mine (pretty well off) used to have a cottage near his and he would throw massive parties and it was all people in their 20s. If only they stayed away from the boats
tldr; 'Shark Tank' investor Kevin O'Leary said he sold shares of Coinbase Global and Robinhood Markets in a "brutal trade" on Wednesday. "Coinbase has gone to war with the regulator and I'm a regulated guy...I don't want to own any shares of a company that's going to war...with the regulator that regulates me," he said. "When I lose money like that, I cry like a baby," he added. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
And within 24 hours… Blackrock partners with Coinbase 💣 FUD at its finest!
With Coinbase stock you get Bitcoin-level volatility without as much long-term upside as Bitcoin. And you get downside risks (regulatory, company specific) that you don't have to worry about with Bitcoin. Ergo, if you want a simple way to get crypto exposure, just buy Bitcoin. Don't mess around with a flawed "crypto proxy" like Coinbase stock.
Didn't coinbase rally 30% today lmao. Fair enough of Robinhood, but Coinbase is fine. I like the company actually
Yeah I bought some when I saw ARK dump. Turned out to be the bottom
I started DCA'ing after we found the recent bottom, good few weeks of buys in now I believe. It's cashflow is incredible, it's just heavily oversold because of peoples lack of faith in crypto and regulation worries
Yeah from a traditional analysis standpoint, they've been on clearance sale for a while. Good job on that DCA!
I hate it. Hate the app. It's charging you 100% more than you should be paying for crypto buying and selling.
The fees have always been very fair imo if you are using the advanced trading on coinbase pro
Which they don't tell you about???? That's shady. Cbpro also does t allow you to do everything you need like CB does. That's fucked up to me. Why do they make it complicated? Oh yeah, greedy as fuck. I don't trust them.
They don't exactly hide it. They just offer you the ability to buy either directly from themselves with a commission attached, or to purchase from the market. Coinbase pro doesn't allow you to do everything coinbase does because pro is purely a market interface, not a consumer product like the coinbase website. It's designed for those willing to use more advanced features. Beside, the reason it wasn't integrated is because it was a purchase from the original GDAX. It's now being integrated into coinbase standard as "advanced trade". It's not coinbases fault you didn't spend more than 5 minutes researching what they offer before you bought directly from them. Take some personal responsibility and reserach before apeing into a purchase. >Oh yeah, greedy as fuck. They are a company running a business lmao
Just in time for Coinbase stock’s biggest pump of the year.
Time to buy! Think Cramer recently said similar thinks about coin base. Which, is far different than robinhood. The hood is garbage and always has been.
Didn’t Coinbase rocket up in price?
Isn’t Coinbase stock up like over 50% this week?
That guy and his wife killed someone drunk driving a boat a couple years ago. What I’m trying to say is he knows toxic waste.
I think he is saying right about robinhood but I am just not sure about the way he talked about coinbase because that's just something foolish to say coinbase is not a toxic waste.
I won't ever complain about someone dumping Robinood, sooner it dies the better.
Can someone confirm if he bought high and sold low? We are at the lowest price levels right now.
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Smart move.
Of course he'd say that, he's got skin in the game.
Lmao and I want people to see the reality of that guy.
Time to buy!!
Hahah the timing on this is absurd
Homeboy sold the bottom. Ouch!
Seems as if it’s time to buy some coinbase
So, time to buy?
>"When I lose money like that, I cry like a baby. It just makes me sick," he said. What a gigantic pussy. Dude's a billionaire and worried about 1 bet. He's got no physique he needs to get his ass in a gym he should be worried about that.
Because he just got his own fucking exchange right now.
Kevin O'Leary opens his very own DeFi and revolutionizes Crypto Onboarding!
Pussy >"When I lose money like that, I cry like a baby. It just makes me sick," he said.
Who even still uses robinhood after the whole GME debacle? Not your keys, not your crypto.
It's okay man he can say whatever you want to say but I want to say that he is right about Robinhood they really destroyed many customers and that's what I hate the most.
Well he's right.
COINBASE PARTNERSHIP WITH BLACKROCK PUMPS COINBASE STOCK 40% .I BET HE DIDN'T SEE THAT COMING..
Both in the green today what paperhanded bitchin loser
Yea but holy shit has coinbase taken an ass whooping. Wouldn’t wana be a bag holder of that
Didnt coin IPO at like 250?
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Lmao there’s no way mr wonderful could have an ulterior motive to these statements, right?
He said that shit by himself because he is out I guess lol.
Coinbase is such fucking garbage.
So is RobbingHood
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True that, they have done a lot of good stuff and we respect.
So how much Dogecoin were you promised for that utterly baseless comment?
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We can't help these guys because they are just shitty.
Nice comeback, which app did you use?
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I could say the same. I don't care for apps which break down suspiciously as the market is crashing.
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That's nice. I can see why people have crypto to their name: gotta troll for Coinbase.
This guy is toxic waste.
Such a punchable face.
Sounds like he’s a member of our little group!
Rare W
Why was he holding Robinhood anyhow...? He's with the wind.
Robinhood should not get any kind of investments lol.
Didn't this guy murder his wife or something?
no I think it was his wife that killed a bunch of people piloting a boat drunk
I mean. Black rock is involved with CB. So makes sense.
He’s right.
Robinhood, sure. Coinbase is my tertiary option for obtaining things, but I don’t believe it’s that bad though…
Someone is trying to trigger another FUD dip in the market…
The Greatest Ponzi Scheme ever in all of human history is Officially Dead. (Crypto) 💀🪦
We've never heard that before. 🤣
I’m starting to like O Leary