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Ive recently started trading Bitcoin on Robinhood. I have been using Robinhood for a couple of years now, trading in traditional stocks. Nothing too serious I only keep a few thousand dollars in the account. What I have noticed is that when buying/selling Bitcoin the price reflected in the app is not the same as when I go to buy or sell. In fact it is always more expensive to buy and you get less money to sell than what is shown on live updates of the Bitcoin prices. I am aware that there is always some price discrepancies from buying traditional stocks depending on the exchange, but this seems different and unique to Bitcoin or Crypto in general. Can someone explain what is happening here?
Wildly different bitcoin buy/sell prices on coinberry?
I'm fairly new to this so please help me understand. Why is it that I am permitted to buy BTC at a specific time @ 15.6k but only allowed to sell it @ 14.6k? at the same exact time? what causes this huge differences buy example https://i.imgur.com/voB549x.png sell example https://i.imgur.com/OEcymuq.png taken at the same time
Yesterday when the BTC price was at $7575, I converted some to DAI. However, when I converted it to DAI it showed the BTC price at about $50-$100 less despite the fact that I confirmed in another tab that CoinBase still showed it at $7575 at the exact same time. Currently CoinBase is showing BTC at $7315, but if I try to buy it, it wants to charge me $7360. How come the price is lower if you sell/trade and higher if you buy?
Community math time: What if the only way to buy Bitcoin was to buy from the miners because nobody who buys Bitcoin ever sells it for fiat? As we get closer to this, the price of Bitcoin will continue ever upward to new highs. Bitcoin to infinity.
I think it's a matter of time before Bitcoin is worth millions and then billions of dollars per BTC. I'm probably calling it 40-100 years ahead of time. Weak hands will lose the long game in Bitcoin. Every time a weak seller sells, a deep holder will buy it up. Eventually Bitcoin winds up in the titanium hands of true Bitcoiners who will never sell. I think this is what Michael Saylor CEO of Microstrategy was thinking. Bitcoin is the perfect system for usurping value from all other forms of money. It's a financial virus in a way. Bitcoin rewards you based on how soon you figure this out. The sooner you buy the better. And Bitcoin will always be the best long term investment no matter when you buy it. Just be patient and never sell. Bitcoin is money. Just buy stuff with it when you want to take profit. You never need to sell Bitcoin. The fewer sellers, the higher the price obviously.
10-18 10:44 - 'Suppose if we could organise a community of people who buy and sell bitcoins together like when price is high they all sell their btc to lower bitcoin price and when price is low they buy all bitcoins and hold i...' (self.Bitcoin) by /u/iTziSteal removed from /r/Bitcoin within 4-14min
Community math time: What if the only way to buy Bitcoin was to buy from the miners because nobody who buys Bitcoin ever sells it for fiat? As we get closer to this, the price of Bitcoin will continue ever upward to new highs. Bitcoin to infinity. (x-post from /r/Bitcoin)
the domino's of 500 trillion in value entering the Bitcoin market has begun. Soon that net worth will be forced to up their bids in order to buy Bitcoin from a growing amount of people not willing to sell anywhere near today's prices.
Coinbase show current price at 9830$, i go to sell some, and in the sell menu bitcoin is valued 8987$ (plus fees) !! but if i try for example to buy some, it's valued 9445$ (plus fees) . Is this normal? How can i avoid this kind of rip-off?
if i try to buy os valued 9845$ , not 9445$, i wrote it worng
Americans in 1994 talking about their savings. The analysts have some good advice that many here could benefit from today. Stop worrying about the price, buy consistently, and if it goes down; don't sell, instead, buy more. (x-post from /r/Bitcoin)
08-31 08:49 - 'for the sell side of the order books to clear out, either through buying, or through reduced selling. and of course it will take for people to be willing to pay a higher price.' by /u/soontobesilenced removed from /r/Bitcoin within 695-705min
@cz_binance: @APompliano This is where math is deceiving. It's only true if EVERY hodler is willing to sell at the current price, which is obviously not true, as there is no 21m BTC sell wall. Alas, Mr. Buffet will only be able to buy a small portion of bitcoins, and at very high prices at that. 😀
04-30 11:04 - 'PSA: make a rule that forbids asking questions like "should I buy/sell now or wait? Should I sell before halvening? Will the price go up/down"' (self.Bitcoin) by /u/CryptoIsus removed from /r/Bitcoin within 115-125min
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