Search results

  1. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Blockchain/crypto isn't going anywhere. Personally, I'm not selling a thing. I'll probably add to my Eth position. I have a feeling Eth is going to use this downturn as a springboard. When things turn back around, I think Eth will have narrowed the gap with BTC.
  2. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Yeah, I mean I'd go so far as to even say that it seems significant but BTC has been puzzling me a bit recently. Despite several recent things I'd think of as catalysts it hasn't really budged. Maybe it's just slow to react. The catalysts could be preventing what may have otherwise been a...
  3. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Haven't looked into it a lot, but nothing I've read about LiteCoin makes me want to divert money from other investments into it.
  4. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Don't know a ton about Tron, but your arguments for it are pretty much the same arguments people make for ADA. They aren't bad arguments, but I personally don't think either TRX or ADA are going to catch Eth for reasons both @LachiusTZ and @Flobee mentioned previously: -Market cap -Inertia...
  5. Arden

    Bitcoins/Litecoins/Virtual Currencies

    From what I gather, the interest for staking Eth varies, depending on how much is being staked (globally I mean). I've seen several places that will pay you 10% yearly to stake your Eth, and they pay out daily (I think). But you don't need to have 32 Eth for that- they will stake whatever...
  6. Arden

    Bitcoins/Litecoins/Virtual Currencies

    I'm very much not an expert, but here's what I've gathered from people who are experts as to why Eth will eventually surpass BTC in value: 1. BTC's environmental footprint limits its upside. Right now the environmental footprint issue affects ALL crypto. For example, "ArtStation, an online...
  7. Arden

    Bitcoins/Litecoins/Virtual Currencies

    People hesitate to buy Eth because it's around $1,800 and they think it has limited upside compared to coins that cost pennies or a dollar. But the way you have to look at it is this: there are lots of reasons to believe that Eth will surpass BTC in the near future (next couple years). BTC is...
  8. Arden

    Bitcoins/Litecoins/Virtual Currencies

    It seems like some smaller coins move independently from BTC, but as soon as they reach a certain size/volume they get caught in the BTC net. All major crypto coins seem tied to BTC for the foreseeable future. That said, the limitations and environmental issues surrounding BTC are very real...
  9. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Thought about investing in ADA but it seems like Eth 2.0 will kill its value
  10. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Well his recent endorsement doesn't seem to have made much of a difference anyway, so I guess it doesn't matter. Trying to figure out what catalysts are going to push crypto up through the next levels. I suppose institutional investments are going to be the primary drivers.
  11. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Jim Cramer just endorsed BTC- has he done this before (I don't really follow Cramer)?
  12. Arden

    Investing General Discussion

    No, no, no, it'd be Jackie Treehorn Productions Edit: Already has a t-shirt and everything
  13. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Big BTC volume spike right at market close. Interesting. Hopefully we get back to climbing the right direction starting tomorrow.
  14. Arden

    Bitcoins/Litecoins/Virtual Currencies

    This guy is fucking nuts. I like him.
  15. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Good timing for this vid :oops:
  16. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Do I understand it correctly that Eth mining is going away soon as part of the Eth 2.0 upgrade when they move to Proof of Stake instead of Proof of Work.
  17. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Why would it pop this week (as opposed to any other week)?
  18. Arden

    Bitcoins/Litecoins/Virtual Currencies

    I bought 3.5 eth today.
  19. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Why not? Ordinarily I'd agree with you, but stim checks is a completely out of the ordinary circumstance. The majority of America woke up to a bonus $1400 all at the same time, I can't think of a good reason a coordinated consumer investment wouldn't mimic an institutional move. I'm no expert...
  20. Arden

    Bitcoins/Litecoins/Virtual Currencies

    We are already seeing a spike in crypto investment. You can literally see the point when people woke up this morning and realized they had money in their bank account: Lots of people still waiting on that money, so I imagine we will see more over the next 2 days. Shit will probably get...
  21. Arden

    Bitcoins/Litecoins/Virtual Currencies

    The fact that people are getting their stim checks over the weekend actually makes it more likely they will put it into crypto than a security like GME.
  22. Arden

    Bitcoins/Litecoins/Virtual Currencies

    "Afford" has nothing to do it though. I stand in line all the time behind people at 7-11 buying 20 dollars in lottery tickets I'm sure they can't really afford, but they buy them anyway. I'm not sure exactly where it will go, but come Monday we will definitely see an influx of retail money...
  23. Arden

    Investing General Discussion

    The market saturation is high, but the monetization of their client base is low. They may not have a lot of room to grow in terms of US market share, but they have TONS of room to grow in terms of increasing revenue from their existing customer base. Also, they aren't on any of the consoles...
  24. Arden

    Investing General Discussion

    Well, I won't be laughing because I'm in it long too. Not for a ton of money but still. Definitely feel like RBLX has a ton of potential, but unfortunately when looking at the fundamentals it seems like the stock is starting out overvalued. So while I think it can go far, first it's going...
  25. Arden

    Investing General Discussion

    I've only been actively (i.e. daily) trading since early Feb. I followed a bunch of people on fintwit and subscribed to a few Youtubers that seemed to know what they were talking about. I have a spreadsheet with the names and calls for each one so I could watch and evaluate their calls over...
  26. Arden

    Investing General Discussion

    Anyone go in on RBLX?
  27. Arden

    Investing General Discussion

    Should dip more before any news of a settlement hits. Seems like it will be summer at the earliest before anything changes. They won't even go through arb for a while. I'm going to throw some at it too, but I'm going to wait until arb gets closer.
  28. Arden

    Investing General Discussion

    That's why I keep dumping money in PLTR, even though it keeps kicking me in the balls each week.
  29. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Again, I'm sure Twitter owns the "tweets" made on its platform, insofar as they can be identified as assets. If they own the tweets, Twitter has a right to dispose of them as they see fit- whether by deleting them or selling them. This part is pretty straightforward. It sounds like you are...
  30. Arden

    Bitcoins/Litecoins/Virtual Currencies

    I'm sure there is something in Twitter's EULA that forces you to sign away rights to your tweets. They can't force you to sign away your rights to your words or your sentiments, but so long as the actual tweet itself is reliant on Twitter's platform, you probably don't own it, regardless of its...
  31. Arden

    Bitcoins/Litecoins/Virtual Currencies

    I'm guessing nothing. That's why you'd want to attach an NFT to your work at creation rather than sending it out there without an NFT already attached to it. If you didn't give a shit it wouldn't matter if someone attached an NFT to it and called it theirs. If you do give a shit, make sure you...
  32. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Minus the whole dying irl when black ice kills you in the virtual world hopefully...
  33. Arden

    Bitcoins/Litecoins/Virtual Currencies

    The bigger picture with NFTs is universal, non-centralized transparency and verification for.... literally anything digital. Digital art is just the beginning. If you don't believe in blockchain stuff then NFTs are going to seem pretty pointless. But if you do, it's not hard to extrapolate...
  34. Arden

    Investing General Discussion

    Seems like it wouldn't be very effective if most retailers bought the SPACs near NAV. I mean, all my SPACs are down but my total losses are negligible
  35. Arden

    Investing General Discussion

    Only thing going up on my ticker is MO, SH, and PSQ. Holding PLTR because I planned on holding that long regardless of what happens in the short term. Aside from that I'm sitting on an overbought SINO that I hope will bump back up if BTC rises again and ITRM, which, who the fuck knows about...
  36. Arden

    Investing General Discussion

    Did you already go in, or are you planning to go in, on UWMC? Contemplating jumping in if it dips an hour or two after opening.
  37. Arden

    Bitcoins/Litecoins/Virtual Currencies

    I'm reading NFTs like super effective, non-centralized certificates of authenticity that utilize blockchain tech and can be attached to both digital and real assets. I would assume any transfer of assets would include both the asset and the NFT attached to it. Example- you buy a baseball card...
  38. Arden

    Bitcoins/Litecoins/Virtual Currencies

    I've been digging around a little. Any particular infrastructure stuff you like? I couldn't find much. I looked up Cybermiles and they have a coin, CMT, but that's not exactly infrastructure.
  39. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Any of you guys ever check into NFT stuff? Cybermiles, etc? After reading up on them, I could envision NFTs being used as digital tracking/identification/verification for virtually everything, not only digital assets, but real world items too. Seems like a cool concept.
  40. Arden

    Investing General Discussion

    It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning. Henry Ford