Robinhood App Is Not Free / Brave Rewards Almost Here




On today’s episode of The Cryptoverse…
The new overhauled Brave browser is now in beta, plus an article revealing how Robinhood makes money by selling data.
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https://brave.com/brave-beta-release/

https://www.zerohedge.com/news/2018-09-15/robinhood-investing-app-makes-millions-selling-users-data-high-frequencstealing

source

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16 Comments

  1. Re Robinhood, I am a know nothing and new to the game but is a slightly elevated fee the only problem with HFT getting the buying trend first? For instance, is your J. Doe trader likely to take several minutes (or longer ! – 10 minutes blocktime) to execute a trade? By which time, if the HFT has already reacted to info gleaned, and bought, the price might have gone up a notch or two, which means Joe Doe is paying a higher price and with subsequent less margin to make a profit (some chance). AM I dumb or what?
    Thanks Chris for another insightful exposition.

  2. I use Brave on desktop but for some reason I thought there wasn’t a mobile Brave browser. Turns out I was wrong – what I was thinking about was there isn’t a metamask extension for Brave mobile browser.

    Thank you for the revisit to this topic. I use an ad blocker on my mobile and am happy with it but would rather foray into Brave when using mobile.

  3. All trading information is being sent to the high frequency platforms not just Robin hood. They use a high speed network to stay ahead of all orders.

  4. I can’t help but think that Bitcoins 10min blocks prevent high frequency traders on-chain, and that’s a benefit not often touted.

    Additionally lightning does not allow high frequency traders to gain a foothold but still has fast transaction time.

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