Search results

Yeah... the shitcoin market... Edit: Ok, basically just the Dogecoin market, but still...

1. Buy 2. Hold If you're doing anything else, you're making it more complicated than it is. I don't think a lot of you guys realize how lucky you are to be on the cusp of generational transfer of wealth.

Bounced back fast though. So many people waiting to buy in.

Again, worth remembering all these barriers and annoyances are what is keeping the prices low enough for normal people to get in cheap and early. Once they are gone prices will skyrocket.

Because the benefits of owning crypto are significantly greater than the benefits of owning a crypto-related ETF.

More scavenger-like than predatory, but you shouldn't feel bad either way. You are doing absolutely nothing to cause the situation and it's going to happen regardless of what you do.

Wtf is going on with the ETH chart?? Looks like it shot up to 3800 ten times in a row and each time immediately dropped back down to 3500.

Edit: deleted a Reddit post about truebit because it's long af and it wouldn't let me spoiler it for some reason

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.

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.

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...

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.

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...

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.

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.

100%. I posted this a while back:

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...

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.

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...

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...

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...

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...

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...

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.

Hope everyone who wanted ETH already bought it

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

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...

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

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

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...

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

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.

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

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...

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?

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

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

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.

"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