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  1. Arden

    Bitcoins/Litecoins/Virtual Currencies

    You'd be dumb to 86 your VET before it gets listed on Coinbase and some of the other exchanges. That by itself will be a huge catalyst.
  2. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Yep, it's still my second biggest position after ETH. I won't be surprised if it hits 2$+ by the end of the year. The big question will be what to do if it does: cash out or stick. I'm still mulling how long term of an investment it is.
  3. Arden

    Bitcoins/Litecoins/Virtual Currencies

    No, I agree, but I think BTC and ETH are both something beyond "money"- especially ETH. Plus, unlike MySpace, I don't think BTC is going anywhere. I just think ETH will prevail as the "top dog" transactional crypto. As has been stated, it's pretty clear a multi-crypto paradigm is in our...
  4. Arden

    Bitcoins/Litecoins/Virtual Currencies

    They were products that needed to be turned into a business for long-term relevance. Facebook succeeded, MySpace didn't. I could say the same thing about comparing ethereum and Bitcoin that you are saying about comparing Facebook in MySpace btw. You're pretty much proving my point.
  5. Arden

    Bitcoins/Litecoins/Virtual Currencies

    First market is a huge advantage typically. That's why those who aren't crypto-literate use "Bitcoin" as a synonym with "crypto", just like plenty of people still call any soda a "coke" or any copy from a copier a "Xerox." That said, in the tech world first to market doesn't mean nearly as much...
  6. Arden

    Bitcoins/Litecoins/Virtual Currencies

    This has been asked before in this thread. I think the consensus was, you'll probably make decent money on an ethereum ETF but you'd be better off just buying ethereum for several reasons.
  7. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Doge never does what it's supposed to. Anytime there is a big planned day that is supposed to be good for Doge, there is a selloff instead. Count on it. It may keep going up for now, but if you hold beyond Thurs night at the latest, you're a fool in my book.
  8. Arden

    Bitcoins/Litecoins/Virtual Currencies

    100%. I posted this a while back:
  9. Arden

    Bitcoins/Litecoins/Virtual Currencies

    As Mike Green (and others) have mentioned, a BTC-rich agent (in this case China) who is immune to economic incentive could catastrophically disrupt a global financial system that is based on BTC. And they could do it with mind-blowing ease. Both BTC and ETH (and every other crypto) has...
  10. Arden

    Bitcoins/Litecoins/Virtual Currencies

    I dunno man, I think you could have the same worry about China dumping on BTC. And frankly I trust Vitalik more than I trust China.
  11. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Not blaming you at all, but this right here is the most distilled explanation as to why there aren't more crypto millionaires. Crypto is such an interesting beast. It doesn't follow the same rules as equities and that throws people. People see their crypto investment triple and cash out with...
  12. Arden

    Bitcoins/Litecoins/Virtual Currencies

    If banks follow the same pattern that PayPal and others have followed, they will hold a few different coin options. If you think banks are going to hold BTC and not ETH too, you're crazy. I've made no secret of the fact that I think ETH is going to flippen BTC and become the top dog crypto...
  13. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Wow big news. Pretty much verifies everything I was just saying. I feel like this signals imminent mainstream adoption of crypto- at least as an investment option (if not a currency). Even so, what will start as an investment option will 100% evolve into a currency for lots of reasons that...
  14. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Yeah, things will definitely get better in terms of reliable, insured places to stake and hold crypto. It's just pretty close to the Wild West right now. Wild West means a lot of risk in a lot of volatility, but it also means a lot of opportunity. Those willing to risk the dangers of the...
  15. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Savings accounts are useless. That said, you've got to really, really, really trust a non-FDIC insured company to store $31,000,000 with them. It's too easy to wake up one morning to a zero balance and an email from the company saying "Sorry, we were hacked and your money is all gone." Zero...
  16. Arden

    Bitcoins/Litecoins/Virtual Currencies

    That's exactly what happened to me when ETH was 1600. By the time I got everything transferred it was around 2000. Fwiw I think it's still very early for ETH. I'm going to be buying more myself if we ever get a dip.
  17. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Hope everyone who wanted ETH already bought it
  18. Arden

    Bitcoins/Litecoins/Virtual Currencies

    3K ETH baby. And we're just getting started.
  19. Arden

    Bitcoins/Litecoins/Virtual Currencies

    He's absolutely wrong. He's as ignorant and shortsighted as David Letterman was in that clip I posted from 1995 where he tries to explain to Bill Gates why the Internet is pointless. Cryptocurrency doesn't just use blockchain tech, it represents the monetization of blockchain tech. And...
  20. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Well, seems like options expiring today sent BTC (and thereby other crypto) straight up. Good to keep in mind.
  21. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Remove both of the "extremelys" from your post and I totally agree with you.
  22. Arden

    Bitcoins/Litecoins/Virtual Currencies

    It's true. Buy the coin and xfer it to cold storage and close your account /shrug. I thought about waiting until someone like Fidelity puts crypto on their exchange too, but you can pretty much guarantee by the time that happens you will have missed out on a ton of gain. It's basically take...
  23. Arden

    Bitcoins/Litecoins/Virtual Currencies

    I think you'd be much better off just buying ETH.
  24. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Delete your apps, destroy your phone, go live in a cave in the desert and contemplate life for 5 years. Then return to civilization wiser and much, much richer.
  25. Arden

    Bitcoins/Litecoins/Virtual Currencies

    1. Buy ETH 2. Hodl ETH 3. Get rich This is the only way.
  26. Arden

    Bitcoins/Litecoins/Virtual Currencies

    That's interesting. I don't get a lot of the technical details, but the general concepts make sense to me. It does seem that a relatively small number of people can exert outsized influence on ETH- specifically the programmer/engineers that control the code. I suspect that BTC has its own...
  27. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Ive definitely heard the same narrative from a lot of pro BTC people, but I'm honestly not sure what they mean. Can you explain succinctly in what way ETH is centralized that doesn't apply to BTC?
  28. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Think it's the (lack of) FB/BTC news
  29. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Just something to consider, if Facebook reveals it is holding Bitcoin you guys might get fucked for waiting. Edit: or if they reveal they aren't, the opposite could happen lol
  30. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Well, you can't really call it "news" at this point. Still likely to have an impact, but I'd be surprised if it had much of one.
  31. Arden

    Bitcoins/Litecoins/Virtual Currencies

    "BTC is more of a crypto commodity than currency & competes with gold as a store of value, whereas ETH is the backbone of the crypto-native economy. To the extent owning a share of this potential activity is more valuable...ETH should outperform BTC over the long run" - JP Morgan
  32. Arden

    Bitcoins/Litecoins/Virtual Currencies

    More than WHO expected though? Investor expectations are often different than analyst expectations, and ultimately investors are all that matter. That's why it often seems incongruent. Also, you can't compare crypto investor expectations/reactions to securities investor...
  33. Arden

    Bitcoins/Litecoins/Virtual Currencies

    From what Im reading, just keeping VET in your Binance account is the same as staking it. You'll automatically get your VTHO reward after a month. I haven't had my VET in there a month yet, so I couldn't tell you if that's true. Maybe Jackie knows.
  34. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Was going to post pretty much the same thing. There will ALWAYS be dips. And you better believe that there are lots and lots of whales out there that are going to want to buy into crypto who have the ability to cause dips so they can buy in at a good price. We've already seen a it happen a...
  35. Arden

    Bitcoins/Litecoins/Virtual Currencies

    You can stake VET
  36. Arden

    Bitcoins/Litecoins/Virtual Currencies

    You'd be a fool to buy any crypto on RH. You can't stake your crypto on RH or move it to another exchange or even into cold storage.
  37. Arden

    Bitcoins/Litecoins/Virtual Currencies

    I've been preaching ETH and VET for months.
  38. Arden

    Bitcoins/Litecoins/Virtual Currencies

    For those holding VET. I love this coin:
  39. Arden

    Bitcoins/Litecoins/Virtual Currencies

    You guys better hope Biden doesn't cancel his speech, or it ends up having a different effect than you think 😄