Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I'm trying to understand the voodoo trickery that squares these two statements:

"Customers will earn a reward of up to 1 BTC when they first sign up and can receive up to 1 BTC for each successful referral"

and

"98% of rewards are worth €10–€20 in BTC."



Up to 1 BTC also includes 0.0002 BTC. It's pretty scammy, but then Robinhood is kind of notorious.


Seems like their target market is sensitive to betting/gambling prompts.


Presumably the reward amount is random with a few people getting dramatically more than everyone else. As if you got an entry into a lottery as a reward.


And they select the winner of the 1BTC reward as an influencer with a lot of followers for a great get rich quick scheme advertising...


They did this strategy with stock, maybe they still do. You got a random share that could potentially be Microsoft or Apple or what not and you could earn more via successful referrals. I ended up getting some random pharmaceutical company whose name eludes me but it hovered around $5 the entire time I had it. I think it peaked at 8-9 once even, it was quite exciting for a neophyte like I was then.


Key words: “up to”


You can sell one egg with up to a million dollars.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: