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[AudraMiller]

Robinhood is one of the more prominent names recently when it comes to the cryptocurrency field. In fact, it has gone as far as Robinhood CEO appearing in the House Financial Services Committee where he is being asked about the volatility that was seen in the market in the start of this year. It seems that all the attention of this volatility is being placed on Robinhood, however there is little attention being drawn to Reddit, which seems to have played a substantial role in the market volatility as well, with coins such as Dogecoin having a huge rise that can be attested to Reddit.

 

[Wisdom01]

I think reddit shouldn't be overlooked too when it comes to volatility , because some coins have high volatility due to those pump and dump group on reddit i think, s

 

[AudraMiller]

I think reddit shouldn't be overlooked too when it comes to volatility , because some coins have high volatility due to those pump and dump group on reddit i think, s

Yeah in cases of pump and dump groups that may be prominent on reddit, I think that they should definitely have some sort of action that is taken against them, as the whole concept of pump and dump is considered to be illegal in my opinion.

 

[Brain]

I think reddit shouldn't be overlooked too when it comes to volatility , because some coins have high volatility due to those pump and dump group on reddit i think, s

You are right those on Reddit contribute alot to the volatility of coins. They all need the profit as high as it can get so apart from Robinhood, Reddit don't need to be overlooked too

 

[Wisdom01]

You are right those on Reddit contribute alot to the volatility of coins. They all need the profit as high as it can get so apart from Robinhood, Reddit don't need to be overlooked too

Yeah most actually needs profit that is what makes them join those groups on reddit ,and they focus more on less popular and low volume coin i think, so they could easily trick the market

 

[Brain]

Yeah most actually needs profit that is what makes them join those groups on reddit ,and they focus more on less popular and low volume coin i think, so they could easily trick the market

That's the trick used and a lot of people Fall for it. Since they can't make their own investigation to find out which will be trash coin. So they get easily deceived

 

[Wisdom01]

That's the trick used and a lot of people Fall for it. Since they can't make their own investigation to find out which will be trash coin. So they get easily deceived

Yeah most actually believe that when a coin have large percentage of increase ,they believe it would continue to increase at a large percentage i think

 

[achawaskey]

I don't quiet agree with her because to me, I did not see how Robinhood contributed to the market volatility. I think she should present us with facts so that we can give proper review.

 

[Niftyicon]

That's the trick used and a lot of people Fall for it. Since they can't make their own investigation to find out which will be trash coin. So they get easily deceived

This is why I prefer all those groups on the various platforms to be called out because mostly the naive and newbies end up suffering from such deceptive tactics.

 

[BullyMaguire]

Because they wouldn't be able to get ahold of the people behind the posts.. reddit has no control over their users and when redditor wants they will help each other to achieve it lol

 

[sagefave]

I think volatility is part of the nature of cryptocurrency, also I feel like I should know about this robinhood character but sadly I'm just now for the first time hearing about this.