htormey

Nice! I assume you can transfer monero off kracken right? I’ll have to give them another look.

Doesn’t Gemini have an advantage to gdax in the way funds transfers work? A friend was telling me about this but I have yet to try it, I’m still in a queue to be verified for Gemini.

Same. I got really excited when I opened the app and saw the update. Then I read the fine print and alas it was just pricing data for alts. I would dump binance in a heart beat if I could buy alts on Robinhood or coinbase :(

With my greencard or Irish passport.

Check the screen before you buy, they display fees:

https://ibb.co/eCkthc

Also the base price is more expensive than gdax (also owned by coinbase).

Agreed. Kraken has been terribly unstable. What about Gemini, any thoughts on that exchange?

They rejected my GC and I came across another hn reader who had the same issue. I know this from first hand experience with gdax.

I’m renewing my drivers license next month so this problem will go away. Just letting others on hn know as you can be stuck in a verification queue for a long time.

That’s what I am doing. I have an appointment booked. I don’t own a car so I had let my old ID expire.

This is good advise. The problem right now is getting verified on gdax takes a really long time and doesn’t accept government ids like greencards.

I have a coinbase account that I can buy with but I am stuck at the verification stage on gdax..

Nah, just eth/btc the rest just display tracking data.

My bad. I am still in the queue to have crypto trading turned on in the Robinhood app. When you open the app it makes it look like they are supporting multiple coins at launch:

https://ibb.co/noPN8H

Ah okay, I am still in the waiting list and misread that. I thought they were listing all of those coins.

Robinhood are listing monero, zcash and a bunch of other coins. So you can buy them directly for fiat.

Coinbase allow you to buy ltc, eth, bch and btc. If you wanted to buy monero you would first have to buy one of those then transfer to another exchange.

Edit: my bad. I got confused by the new Robinhood ux:

https://ibb.co/noPN8H

Correct, you can’t sell crypto currencies you didn’t buy in Robinhood. This is listed in the faq they provide.

https://ibb.co/dHNENc

Somethings to note:

-Robinhood is not allowing you to transfer in crypto from outside.

-Robinhood does allow you to transfer crypto out but you have to go through extra verification steps.

See: https://ibb.co/dHNENc

The listing of so many altcoins in the robinhood app (monero, zcash, etc) plus it’s low fees makes buying on altcoin exchanges that only accept crypto like binance a lot less attractive. No longer will users have to buy $ltc/$eth on coinbase/gdax then transfer to another exchange to buy altcoins.

This will have a big impact on the crypto ecosystem. The gauntlet has been thrown down for coinbase.

Edit: my bad. I got confused by the app update, Robinhood are just displaying tracking data for alts :

https://ibb.co/noPN8H

“”You’re going to see, over the next five years, a real increase in the number of schools in serious trouble,” Dr. Vedder said. “A degree from a top school is a still a pretty good signaling device [to employers]. It means you’re smart and hardworking. But a degree from one of these lower schools doesn’t mean much of anything.”“

Any discussion about third level education needs to take into account price and hence ROI.

I’m really surprised that this article doesn’t talk about the high rate at which US college tuition costs increased from 2008 to present. Especially for law schools. The closest it gets is the following paragraph:

“But in the past few years, the winds have shifted. The birthrate fell, the pay advantage for college graduates over high-school graduates declined, states cut $9 billion in funding to public colleges and student debt soared.”

Tuition in the US has gone up a lot while wages for many jobs have stayed relatively flat:

“In during the 1980-81 school year, the average college tuition at private universities was $9,882. By 2014-15, that number exploded to $26,740.

For public universities, the tuition figures went from $2,196 to $8,534”

https://businessinsider.com/this-chart-shows-college-tuition...

This is the main reason why colleges are struggling in the US.

Here is a good article on the subject :

https://www.investopedia.com/articles/mortgages-real-estate/...

Good list. I would add a decade of low interest rates dramatically increasing the cost of college tuition and rent in major cities.

In the case of google: Didn’t they do that in response to google blocking certain services from Alexa?

This is a totally different product. Your app looks very nice but it is similar to hodl, a mobile app where you have to manually input coins one by one.

The cointracker.io people import from exchanges, wallets via APIs and cab file import. Which allows you to track your positions without all the manual labor of inputting them one by one.

They are also selling a tax service for us customers.

Hopefully you guys can work something out about the whole naming thing.

Listen to this podcast that Tyson and Jason (2 tax cpas who do a lot crypto) did:

https://www.breaker.audio/unchained-big-ideas-from-the-world...

It talks about this scenario. I’d also consider just hiring one of them.

Great answer! This site is a real step function over hodl or any of the other manual trackers I have been using.

How are people buying alt coins? Specifically what is the top Alt exchanges on your platform? I.e is it binance, bitterex or another?

I 100% agree. I’ve been playing around with the APIs these exchanges offer. All of them have incredibly annoying issues and limitations.

I just did my tax with bitcoin.tax but I will have to check out yax and see how it compares. Bitcoin.tax has a very basic ux some I am looking forward to seeing some innovation in this space.

UX looks amazing guys, great job. Some feedback about the performance page:

1) It would be nice to see some information about what exchanges/wallets my coins are sitting on. i.e I use Binance/Bitterex, I could have purchased XMR on both.

2) I was prompted to import my trade history from Bitterex (I have worked with their API, it sucks so I feel for you having to work with it). I did that but I still get hit with this dialog on the performance page:

"We currently do not have the full deposit, withdrawal or trade history for some of your exchange accounts."

All of my coins are imported.

3) On mobile the Tax page has a bunch of CSS/layout errors on iOS (iPhone 6+). Lots of widgets are outside the margins.

I just used bitcoin.tax to calculate my 2017 returns, it has a terrible UX and also does not offer a real time portfolio monitoring service. They also have grander ambitions to offer a portfolio investment service.

Well if you link via the API, they give you an overview of your portfolio.

Can you share any information about how people are using your product? I'd be curious to know the following:

1) Are most off your users from the USA or international?

2) What are the most popular exchanges people link with you? i.e is Coinbase number 1?

3) Do you disclose any data about your users to third parties?

4) What's the most surprising thing you have learnt so far building this?

5) Are their any laws around investing advise that you have to be wary of?

Love the concept. Do you guys have any plans for a mobile app?

Update: Oh I just read through your FAQ and you plan on launching one soon. Any ETA on that?

Fellow greencard holder here, I’m in the exact same boat with coinbase. I’m booking an appointment at the dmv to get a new ID card just for this. It really sucks.

True, but if you are going to be that paranoid how easy is it for you to take your gold across the border?

“According to the Transportation Security Administration (TSA), it is legal to travel with any amount of cash or other monetary instruments in and out of the United States. However, you must declare your cash to customs if the amount exceeds $10,000 or its foreign equivalent.”

http://traveltips.usatoday.com/travel-airline-cash-9937.html

Traveling with more than 10k of gold or cash is much more noticeable than 10k plus of BTC, aka a piece of paper Wirh some words scribbled on it.