Remember, this is not the first time that happens when the price of DogeCoin spikes and probably won't be the last lmao
RH crashes any time anything goes up.
Weird RH doesn’t crash when stocks and crypto go down 🤔
They probably ran out of coins.
I honestly don't think RH is even solvent.
Not gonna lie this had me dying laughing lol
I believe robinhoods grand finale is still coming. We'll need more popcorn
They always have server issues when doge spikes, and their prices are different to cover themselves during these things. We can't even move/transfer it to a crypto wallet, most of these places are basically crypto savings accounts.
I don't understand what the benefit for them would be to slow the purchase of DOGE down. Any ideas?
Seriously very frustrating. Will definitely be moving to a new brokerage as soon as the timing is right. Thankfully Doge is on more platforms now!
So I’m anticipating a sell off of doge to switch from robinhood to another wallet? Hmm....
Idk about y’all but I’m gonna eat that dip
Imagine still trusting Robinhood 😐
A lot of idiots still out there me not being one of them
Robinhood “crashes” because they can’t cover the cost of the volume and amount of selling at one time. Vlad needs to get back on the phones and raise more capital.
They have every right to halt trading for any reason they want according to the TOS. The majority of their profits come from market makers paying fees to manipulate their place in the buy/sell "order". (I e. Screwing the average user)
If you’re trying to get out of RH and you’re in a state that sucks like NY, you can use Anchor to actually own your own coins
Could you explain this a little more? I've been trying to get into crypto for the last two months, (kicking myself for not pursing more seriously since I could have been in on the .02/.03 doge days), binance.us has yet to verify my account and kraken will only accept a wire transfer which requires me to actually go to the bank, so here I am with RH Doge thinking I should get out. Thanks!
Truthfully, Robinhood *users* would be better off moving to a platform that's better than a potato.
Honestly sometimes I feel like Robinhood users are sometimes better off just directly using a potato
Edit: whoa whoa whoa hey guys, this is not investment advice. Don't all flock to potatoes at once.
These types of decisions take time and careful consideration.
They run out of cash to cover all the transactions. That's their problem, no cash padding to cover for surges.
And you can forget about wallets, they can't afford a mass exodus before their IPO. They are going to slow walk that like you've never seen before.
You're a Savage Kyle. I knew it!
RH keeps "having this problem" and its BS.
I missed out on about 300$ because of the outtage
It sucks. Any server has a capacity. Robinhood should be able to deal with this by now tho. They have to add more servers. There’s no good excuse at this point. They need to do better.
I can see their wallet tho. So, no, that’s not what happens.
Should we be surprised that RH is doing this again during a massive upward trend?
Fcuking robinhood. Lol
They probably blocking buys so HF who decided to short DOGE can cover
Again? Not surprising. I went with Binance for my Doge and haven't had any issues with it
This is ridiculous every time Doge as a spike RH server down, this is a joke, not the dogecoin the people crypto
Let's be honest robinhood is the first platform to welcome doge when he was a baby
People are still using Robinhood? Whyy?
What’s the best app for crypto? Currently in RH for doge and Lite.
Fidelity for stonks.
If you still have your Doge in RH after this entire subreddit screaming anti-RH, I'm not saying you deserve to be missing out on sell points but we have been warning this for months, and RH keeps doing the same thing over and over and over and nobody seems to get the message to stop using their platform for crypto.
My Dogecoin is fine. Thank you. I think about the other Dogers.
Use Etoro for dogecoin ;)
Suspicious. Is this downfall cuased by those a..holes?
In part. Robinhood owns all their Dogecoin so when people sell on Robinhood it doesn’t actually make the price go down. When they have issues it probably affects what the outside whales do causing the price to go down. It’s not directly Robinhood tho.
lmao they have no issues, they just cant say were stopping buying and selling of this stock since they already did that with amc and gamestop, \*technical difficulties\* head assss
It’s not a stock. They don’t have the same laws to consider.
Robinhood is straight garbage!
Is there anyway to transfer doge outt rh??
😂😂😂long due for a upgrade
Lol, just use Bittrex guys. Do not support RH.
Let ‘em know 😤
Must because of when he was a boy from Bulgaria.
This is what happens when you put your servers on your employees free Digital Ocean instances to save money.
Wait that's every time that go up last time was the same bs
Every time we start making headway, they crash. I did this as well.
now we just need r/chunguscoin to spike lol
1$ should be good step.
Mobilization everywhere in the worldto accept this like simple money ...and we could hope up to 5$.
No more millionnaire on only once time.👊
Not your keys, not your crypto
I'm moving to Gemini. They just listed Doge(not tradable yet) I will probably loose some money but I'm done with RH.
Doge Good. Potato Bad
Leave your Doge in Robin Hood but make your future purchases through Binance.US!
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It's funny cause it's true...
It doesn't even have to be a tech issue. They can halt your trades at any time. It's literally their business model.
Sus as doge blows up
Im still feeling this. Dammit Robinhood! You can buy better Server Farms!
*Im still feeling this.*
*Dammit Robinhood! You can buy*
*Better Server Farms!*
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RH hodlers don’t own their crypto, they can lock you out when they want and you’ll never be able to sell when it’s urgent.
Imagine buying doge on robinhood. Cant even withdraw it lmfao
https://www.reddit.com/r/memes/comments/n4v2we/billboards_now_all_around_usa_reddit_go_fund_paid/?utm_source=share&utm_medium=ios_app&utm_name=iossmf Our historical billboards meme and many people now asking good question
This seems too bad to be real. I'm so afraid that some members of doge's club get dreams destroyed by a company that seems to take deliberate actions when certain events happens. I'm so glad I live in Europe, because with those events I will never put a single € on RH
A potato! 🤣
Because robin hood doesnt actually buy your shares or crypto .. theyre running their whole company on margin . Get out of robinhood if u want fair market.
Sorry, VERY new investor question. (My entire portfolio is DOGE and I just set it up in February.) If I wanted to sell and switch to another crypto platform would I be taxed for the sale?
Yes. Unfortunately. You should just wait for RH transfers. Buy any new doge on the other platform until then.
Sir OUR CRYPTO RADAR IS BEING JAMMED
**hrmmm being jammed, sir our crypto radar is.**
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If enough people buy on RH, they don't have the funding to cover if everyone cashes out, so they have "technical issues"
Server crashes as doge goes up. Nothing new...
Some guy at r/superstonk pointed out that those massive spikes could be Citadel using Doge to save their money via RH.
Stop using RH folks.
Imma prolly transfer my doge from robinhood to webull but $75 transfer fee sucks
They are trading everyone's doge for profit and buying it back on the dips.
No I can se their wallet. Where they make their money is the fact that they bought all their Dogecoin at 5 cent or less. The make 50 cents per Dogecoin right now.
Get rid of RH
This is the way
Get off robbinghood
If only it was their servers.
Username checks out
It's deliberately done to stop the selling at the high price
Robinhood has a tendency to "crash" anytime people seem to be making any profit
Robbing the hood is dogshit. And some of y’all really tried to hype them up the other day
But in Latvia...
The jokes on you: it’s a zucchini.
Do they get these problems when there are more people wanting to buy than what RH themselves can get hold of?
They own all of their crypto. 36 billion Dogecoin. So all they really need to do is record the transaction and add the amount allocated to your account. No coin moves when you buy on RH.
They just have so many people transferring in money and trying to buy that the servers not have enough memory and processing power to handle the transactions.
Funk that garbage company
I smell a law suit soon !!
How about, stop using robinhood, you think they won't prevent you from selling when you want to just like they did to the GME crowd? You got another thing comin.
So every time the market does something where RH customers may benefit or make large profits it “freezes”. I call horse crap. How come I always had the ability to deposit in my account then I had it. Never once did they have an issue taking my money.
They can't keep up with our money. They pause it, sell, buy the dip, unpause and we keep sending it to the moon
More like you dumbfucks need to stop holding our money and let us cash out when we get rich 😎
Are we certain that's it's server related and not some other underhanded backdoor financial bs?
You can see their wallet. They bought most of their Dogecoin under a penny. So they make 60+ cents per Dogecoin sold. They really don’t need to do much to make money.
Y'all are blaming RH but really the truth is RH shouldn't be used to buy crypto.
Smells like citadel
u guys still trading on robbhood? da fak... u deserve to be robbed... gl & hf
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