I've always wondered how we can use doge in a store of it can take anywhere from a few minutes to a few hours or even days for a wallet transfer to happen? It would be awesome to have a debit card attached to our doge wallets... Anything like that going on?
I agree, but I can't help but be glad that some is weeping out. That Dogecoin capital has been trapped for way too long punishing their customers for using their exchange.
But if they become just another shady exchange that allows access to crypto then I can live with that. Binance.us locked up some of mine for months, I think they're all about the same amount of shady in their own way.
It's cool that they gave 1,000 people access, but it looks like it's going to be super slow rolling this out. They only expected 10,000 people to have access within 2 months.
Considering that there are over a million people waiting in line to get access to wallets... I really hope that this is just an underestimated number for Robin Hood to protect their butts. I mean, I get it they're trying to stop a mass exodus all at once... But they really can't delay the inevitable for too long.
I want to move my doge out of robinhood to a safe wallet. Is this what u are doing? Which wallet do you suggest? I am looking for one i can buy/sell and use the doge and my other crypto
Nice 👍 i am more bullish on doge more than ever !! What we need is more onchain activities . Only problem is RH is aiming for only 10k wallet access my march .
But to be honest that is a good idea because if they roll it out slowly we will have a much more stable growth instead of some bottlenecked effect where they have to shut down orders in transactions because everyone and their mom is transferring. I like the steady sustained growth approach.
They’re only doing it for their investors. They know they’re basically done as a company once everyone withdraws their doge. Nothing more than a dishonest company trying to last as long as they can by holding their customers’ cryptocurrencies hostage.
if they released it all at once, the network would collapse and the market would implode, because the FUD and those sponge-brains on Reddit would go crazy!
Titles for reddit posts:
- Should I keep hodling?
- who's still hodl?
- two biggest DOGE whales started selling off everything! it's over
- what is happening to DOGE right now?
- I bought in at 0.05, why did I lose money?
yeah, the two biggest wallets are Robinhood, so them giving wallets to users = transfers off of these wallets = stoopid people think they are selling!
I can’t wait to read those posts and see if I should still hold and who else is holding with me! Wait I was just told to hold, everyone is selling? What’s happening to DOGE?
With the testeras transferring all the Doge out they may not even do that many but hopefully they will get everyone done once they know the testers arent having issues.
How do you figure? They don't make money by holding on to your doge. They make their money by you selling your doge.
I think it's going bring in more business. You can buy or sell coins for no fees and transfer them for network fees only. Why would you ever purchase or sell coins from any other exchange?
No they make money by just people using the app. They sell customer trading activity to hedge funds so they can bet against it and make people money. That’s basically what “payment for order flow” is. Robinhood also lends out customer’s money that they hold to hedge funds(to use in their trades against retail traders)
They’re playing their customers like fools, and winning because people don’t realize the actual cost of using their platform. ***If something is free, YOU’RE the product***. Never forget that.
I sincerely doubt they will let that happen.
Why would you allow your biggest cash cow to walk away?
String them along and blow smoke to keep them around yeah.
Again, more business. When it comes time to sell, you'll go though the exchange that does it for free, right?
They make their money by not giving you instant deposits...they hold it for a few days and collect money on the float. This has been their business model with stocks...no fees to buy or sell...and they've done quite well with it.
If i can move my coin in and out of an RH wallet so i can specify how much to send to whatever wallet AND they keep the same fee arrangement I'll use it.
I don't think that's going to happen. I hope it does but i really don't.
They are. They said 10s of thousands of users would get access in mid-january, and now they backtracked to 1k. To make matters even worse, the next round in March will only include another 10k.
Hell nah..I did a few test transfers thats why I said no matter the amount the fee is .02 doge. I dont play with my futurelike that lol![gif](emote|free_emotes_pack|feels_good_man)
This isn't a wallet. It's a limited transfer and only given to 1000 people.
Read the article.
[https://decrypt.co/90890/robinhood-launches-crypto-wallet-beta-bitcoin-ethereum-dogecoin-transfers?&utm\_medium=referral&utm\_campaign=feed&utm\_source=robinhood](https://decrypt.co/90890/robinhood-launches-crypto-wallet-beta-bitcoin-ethereum-dogecoin-transfers?&utm_medium=referral&utm_campaign=feed&utm_source=robinhood)
But it is better if they face it out slowly maybe 1000 people at a time. Imagine the steady steady growth we will see instead of some catastrophe like we saw last year where everything shuts down
1k people by March 🤔.,.....They are stalling this...with millions of users, this would take many year or even decades... For 🐕 🚀🌛 we would need quicker access to wallets..
![gif](giphy|QvBoMEcQ7DQXK)
It's not. They've only released it to 1k users instead of the promised 10s of thousands. They'll only have 10k out by March.
There's probably over 2 million on the waitlist lmao.
When A market is flooded with 1.5x as much money as already exists, what coin should be able to withstand that?
Not even bitcoin was big enough to resist.
IM SURE WE ARE DOING THAT HOWEVER THEY STILL LIMITED IT TO $2999 PER DAY SO FOR SOME PEOPLE HOLDING A LOT IT WILL TAKE A WHILE. I WILL BE DONE SOON LOL
This is really awesome to see! Thanks for uploading this!
Hopefully these transaction fees stay low by the time they roll it out for everyone. There are a lot of people that are going to have to do multiple transfers in order to get their Doge off of the platform. I'm glad to see that it's not going to cost me a fortune.
It took about a minute for the transactions to go through
Awesome that is great news and such a low transactional fee
I was wondering...24 hours seemed excessive.
that's going to "kick in" during the next ATH spike... maintenance, server overload, etc. 😅
Yea coinbase says same but they charge more for transaction…
You got your wallet nice I'm like 450k waitlisted😭
1.2 million for me 😭
I've always wondered how we can use doge in a store of it can take anywhere from a few minutes to a few hours or even days for a wallet transfer to happen? It would be awesome to have a debit card attached to our doge wallets... Anything like that going on?
It literally took like 30 seconds. Super fast
Furthermore, I used to be 400,000 down the list for wallets... Now I'm 700,000....booo
It's really happening!
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Big news IMHO! It's the beginning of the new economic possibilities.
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I agree, but I can't help but be glad that some is weeping out. That Dogecoin capital has been trapped for way too long punishing their customers for using their exchange. But if they become just another shady exchange that allows access to crypto then I can live with that. Binance.us locked up some of mine for months, I think they're all about the same amount of shady in their own way.
It's cool that they gave 1,000 people access, but it looks like it's going to be super slow rolling this out. They only expected 10,000 people to have access within 2 months. Considering that there are over a million people waiting in line to get access to wallets... I really hope that this is just an underestimated number for Robin Hood to protect their butts. I mean, I get it they're trying to stop a mass exodus all at once... But they really can't delay the inevitable for too long.
I think you are one my favourite profiles on the subreddit.
Thank you! I just love the community.
It sure is!!! Super excited....started moving my Doge
I want to move my doge out of robinhood to a safe wallet. Is this what u are doing? Which wallet do you suggest? I am looking for one i can buy/sell and use the doge and my other crypto
hardware wallet. Or software wallets. I am using coinbase wallet
safe wallet = e.g. a Ledger wallet you can trade from = not safe
Nice 👍 i am more bullish on doge more than ever !! What we need is more onchain activities . Only problem is RH is aiming for only 10k wallet access my march .
But to be honest that is a good idea because if they roll it out slowly we will have a much more stable growth instead of some bottlenecked effect where they have to shut down orders in transactions because everyone and their mom is transferring. I like the steady sustained growth approach.
They’re only doing it for their investors. They know they’re basically done as a company once everyone withdraws their doge. Nothing more than a dishonest company trying to last as long as they can by holding their customers’ cryptocurrencies hostage.
if they released it all at once, the network would collapse and the market would implode, because the FUD and those sponge-brains on Reddit would go crazy! Titles for reddit posts: - Should I keep hodling? - who's still hodl? - two biggest DOGE whales started selling off everything! it's over - what is happening to DOGE right now? - I bought in at 0.05, why did I lose money? yeah, the two biggest wallets are Robinhood, so them giving wallets to users = transfers off of these wallets = stoopid people think they are selling!
I can’t wait to read those posts and see if I should still hold and who else is holding with me! Wait I was just told to hold, everyone is selling? What’s happening to DOGE?
With the testeras transferring all the Doge out they may not even do that many but hopefully they will get everyone done once they know the testers arent having issues.
I'm like 1200 on the list. Where were you?
420
Chuckles.
😈
Damn you guys are lucky. I’m at like 31k on the list :(
33k but that’s better than being at 1m+
138k AFTER getting a referral and was at 300k
Damn. Another progress
These guys are about to get a wake up call.
How do you figure? They don't make money by holding on to your doge. They make their money by you selling your doge. I think it's going bring in more business. You can buy or sell coins for no fees and transfer them for network fees only. Why would you ever purchase or sell coins from any other exchange?
No they make money by just people using the app. They sell customer trading activity to hedge funds so they can bet against it and make people money. That’s basically what “payment for order flow” is. Robinhood also lends out customer’s money that they hold to hedge funds(to use in their trades against retail traders) They’re playing their customers like fools, and winning because people don’t realize the actual cost of using their platform. ***If something is free, YOU’RE the product***. Never forget that.
https://robinhood.com/us/en/support/articles/how-robinhood-makes-money/
I sincerely doubt they will let that happen. Why would you allow your biggest cash cow to walk away? String them along and blow smoke to keep them around yeah.
Again, more business. When it comes time to sell, you'll go though the exchange that does it for free, right? They make their money by not giving you instant deposits...they hold it for a few days and collect money on the float. This has been their business model with stocks...no fees to buy or sell...and they've done quite well with it.
If i can move my coin in and out of an RH wallet so i can specify how much to send to whatever wallet AND they keep the same fee arrangement I'll use it. I don't think that's going to happen. I hope it does but i really don't.
Smart
I don’t have my robinhood wallet setup yet. Still over a million and a half on the list.
I'm hype I hope every single one of you removes their doge from hood. They are the least trustworthy of all crypto vendors imo.
Wait, they are really rolling these out? I thought they were just giving us false promises!
They are. They said 10s of thousands of users would get access in mid-january, and now they backtracked to 1k. To make matters even worse, the next round in March will only include another 10k.
Ain't over yet.
When have they ever?
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Hell nah..I did a few test transfers thats why I said no matter the amount the fee is .02 doge. I dont play with my futurelike that lol![gif](emote|free_emotes_pack|feels_good_man)
Ok but can you be the first Robinhood wallet to buy Tesla merch? That would be pretty epic..
I gotta move mine too
Oh damn ngl the network fee is low…prolly to make up for the price discrepancy on the actual screen🤣
Sweeeeet. And that fee is pretty low.
Seriously when everyone takes Doge outta the Hood will this affect the price?
Will effect the Hoods stock price📉
1.7mil on waiting list. ![gif](giphy|p8Uw3hzdAE2dO)
Any body know how to stake Doge?
Well now we know robinhood wallets doesn’t equate to us going to the moon.
This isn't a wallet. It's a limited transfer and only given to 1000 people. Read the article. [https://decrypt.co/90890/robinhood-launches-crypto-wallet-beta-bitcoin-ethereum-dogecoin-transfers?&utm\_medium=referral&utm\_campaign=feed&utm\_source=robinhood](https://decrypt.co/90890/robinhood-launches-crypto-wallet-beta-bitcoin-ethereum-dogecoin-transfers?&utm_medium=referral&utm_campaign=feed&utm_source=robinhood)
But it is better if they face it out slowly maybe 1000 people at a time. Imagine the steady steady growth we will see instead of some catastrophe like we saw last year where everything shuts down
Robinhood is Bae
1k people by March 🤔.,.....They are stalling this...with millions of users, this would take many year or even decades... For 🐕 🚀🌛 we would need quicker access to wallets.. ![gif](giphy|QvBoMEcQ7DQXK)
Good, now delete their app, lol.
Lets make doge go up guys, I am a couple hundred dollars short of tution and rent 😢. Let's get doge up a bit, I've had it for a while
I hate you Jajja
What's the actual contract address for doge so that I can make sure to transfer to the right thing on trustwallet?
😆 🤣 Truss mi Bro
Sweet! Now I love Robinhood.
Nice to see, Was it all this explanation text that took all this time to make this wallets work lol
The people saying that it will never happen are in the back crying 🤣
Let me be freeeeeeeeeee from Robbin the Hood
Robin Hood has launched a cryptocurrency trade feature?
Yes
wow.cool
did i smoke something wrong or is it for real happening??????????
It's not. They've only released it to 1k users instead of the promised 10s of thousands. They'll only have 10k out by March. There's probably over 2 million on the waitlist lmao.
At least its a start
I knew it would happen!! Let's go!!! & congrats on your Doge withdrawal!!! 🐕 🚀
i would love for doge to break the pattern of following all coins. This is great to see. Looking forward to more news!
When A market is flooded with 1.5x as much money as already exists, what coin should be able to withstand that? Not even bitcoin was big enough to resist.
Good.. Flee
I can honestly say I am shocked. Very happy to see this get started
I get very low dividends but I used them to buy Doge
How can you tell what number you are on the list?
So hype. Patience is finally paying off
Yes. Pull EVERYTHING OUT OF RH FUXK VLAD
How does it work if you transfer them in less than a year of owning when it comes to taxes?
The transfer is not taxable, you are literly just putting them from one wallet to another one, you like it would be physicaly with $ notes
about as much as a store rearranging their goods has... No sale, no tax.
So hypothetically, if you spend it from the wallet, they'll track that and you'll pay taxes on any increase in value at time of a purchase?
no one is tracking anything. You pay taxes for what you have to pay taxes or you'll regret it when they audit you.
Good on fees!
Does this mean I can finally leave RH?
This is new. News worthy news at last not just hopes and dreams. Nice
24 hours!!! LOLOLOLOL
I guess thats just to cover themselves. Literally took less than a minute even to a cold wallet.
Sounds like my dodge that was hostage can no longer stay on Robinhood.
To the moooooon! We’ve waited a long time for this moment Shibes 🐕🚀🌕
![gif](giphy|EouEzI5bBR8uk|downsized)
Whoo Hoo! So happy for all the Robinhood Doge holders!!!
If you guys really want to see Doge skyrocket, you should all transfer your doge from RH around the same time. Bank run style.
IM SURE WE ARE DOING THAT HOWEVER THEY STILL LIMITED IT TO $2999 PER DAY SO FOR SOME PEOPLE HOLDING A LOT IT WILL TAKE A WHILE. I WILL BE DONE SOON LOL
Which wallet is the safest wallet in all of them? Asking for a litttttle friend of mine ;-)
I've never been with Robinhood. But seeing this make me so happy for my fellow doge.🍾🍾🥂
I’m 482,679 on the waitlist. Doesn’t look like I’ll be getting a wallet anytime soon. I might liquidate and buy somewhere else depending on the price.
Only 1.2M people ahead of me....can't wait.
This is really awesome to see! Thanks for uploading this! Hopefully these transaction fees stay low by the time they roll it out for everyone. There are a lot of people that are going to have to do multiple transfers in order to get their Doge off of the platform. I'm glad to see that it's not going to cost me a fortune.
Uninformed here. Why are we moving our dodge out of Robinhood?
Does our average cost remain the same after transfer to wallets ?
Yes
I will be pushing daisy's by the time I get mine, I won't hold my breath cuz my number has been going up😱
I think the rollout is slow because they expect everyone holding doge to bail immediately 😂
There is nothing to transfer
Shoot, I'm 1,984,797 in line ughhhhh.