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  1. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Anybody who was previously on Robin Hood for the GME fiasco who is still on Robin Hood deserves what they get.
  2. Arden

    Bitcoins/Litecoins/Virtual Currencies

    One visit to /r Satoshi Street Bets and you can see why they limit it. That sub has become a cesspool of shitcoin shilling. That said, they need to open things up a little more and add some other legit coins (like VET!). I'm sure eventually they will.
  3. Arden

    Bitcoins/Litecoins/Virtual Currencies

    I totally expected this, but not this fast. I figured it would take a while longer. Was kind of banking on it tbh. I'm in the process of xferring money to Binance to buy more VET and ETH as we speak. Both are obviously still worth buying, but I was hoping to buy cheaper. I'm sure we will...
  4. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Yeah, the most lucrative part of the COIN IPO is what it's doing for crypto prices.
  5. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Personally, I'm not selling a single thing anytime soon.
  6. Arden

    Bitcoins/Litecoins/Virtual Currencies

    My understanding is if you bought the ETH for 35k and then you convert the ETH to stablecoin when the ETH is worth 45k, you'd have to pay taxes on the 10k you "gained." But definitely don't take my word for it.
  7. Arden

    Bitcoins/Litecoins/Virtual Currencies

    This is my understanding of it from a few articles I've read. It's pretty awful tbh. But if you are just swapping coins for a wash (no gain) then no tax. And if you sell for a loss I'm guessing you can write that loss off like you would a stock. Flobee correct me if I'm wrong.
  8. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Yeah, looking at that chart there's obviously a huge spike ~3 days prior to the listing, then a sell-off right BEFORE the listing (which is interesting), then a small spike after listing (expected), then another gradual sell-off (also expected). That's interesting- thanks for posting. If VET...
  9. Arden

    Bitcoins/Litecoins/Virtual Currencies

    You might be right. I haven't parsed out how Coinbase listings affect coins. I believe there will be a huge runup until it's listed, but I'd be surprised if there was more than a slightly larger than normal selloff after it lists. I suspect VET is just going to keep increasing tbh. Put it...
  10. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Hearing word that Coinbase is evaluating VET to possibly bring it on board. If you plan on investing in VET I would do so BEFORE that happens (assuming it actually does happen).
  11. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Yeah Ive been dealing with their red tape shit since I signed up a couple weeks ago. The verification/ID stuff is a pita, but it makes me more confident in their security protocols. I think the hack where they lost several million in Bitcoin a couple years ago really motivated them to be...
  12. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Looks like ETH just hit an ATH. Remind me never to buy crypto over the weekend.
  13. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Waiting for the next Elon doge pump to finally sell the last of my doge and put it into VET.
  14. Arden

    Bitcoins/Litecoins/Virtual Currencies

    https://cryptobriefing.com/salesforce-tests-vechainthor-blockchain-sending-vet-new-highs/
  15. Arden

    Bitcoins/Litecoins/Virtual Currencies

    The answer is yes.
  16. Arden

    Bitcoins/Litecoins/Virtual Currencies

    You are using your debit card dude. Of course they are going to pass the Visa (or whatever card) transaction fee onto you. You would need ACH deposit to get the free deposits/withdrawals.
  17. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Much, much cheaper exchange fees. I paid $6 to buy 8k in ETH for example.
  18. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Right- if you eventually want to stake your ETH, you can't move it from RH to a staking location to do so... huge disadvantage. Even if you don't care about the "your keys, your crypto" angle, not being able to pull it off the exchange it's on for any reason is enough to avoid using RH. I made...
  19. Arden

    Bitcoins/Litecoins/Virtual Currencies

    You might be right. Then again, it wouldn't surprise me at all if Thiel was quietly accumulating some alt coin at a super discounted rate and later comes out and says "Hey, Bitcoin is a Chinese weapon, but altcoin X here solves all those problems that plague BTC."
  20. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Yeah for sure he is calling for tighter regulation. He doesn't say "Don't invest in Bitcoin" but calling it a "Chinese financial weapon against the US" isn't exactly putting it in a positive light. Either way, I think it's interesting that both he and Green are specifically calling out Bitcoin...
  21. Arden

    Bitcoins/Litecoins/Virtual Currencies

    It appears that Peter Thiel is taking Mike Green's side of the argument... This is going to be interesting. https://www.bloomberg.com/news/articles/2021-04-07/peter-thiel-calls-bitcoin-a-chinese-financial-weapon-at-virtual-roundtable Also explains the current dip in crypto
  22. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Might get an ETH dip here gentlemen- for those looking to buy in. Writing is on the wall: https://www.google.com/amp/s/www.forbes.com/sites/billybambrough/2021/04/06/billionaire-mark-cuban-reveals-why-he-thinks-ethereum-will-dwarf-bitcoin-as-crypto-market-price-hits-2-trillion/amp/...
  23. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Good luck. Seriously. As I've said the last few pages I'm going to get screwed buying ETH because I had to wait for the various verification/transfer processes of switching things to Binance. It's gone from $1600 to $2100+ since I decided to switch to Binance and invest heavily. Hope VET...
  24. Arden

    Bitcoins/Litecoins/Virtual Currencies

    I think their fees are like 500% lower than coinbase. I have Binance, but be aware of some things: 1. They aren't a U.S. company (but they have a U.S. operation). In fact, the location of their HQ is undisclosed... As in no one knows where it's located. The founder is Chinese. 2. They...
  25. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Ya, Binance supports VET. Don't know what state you are in though, so you may not be able to get Binance.
  26. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Personally, I like VET. I'm going to put 1k or so into it for reasons I mentioned earlier in the thread: it's a logistics-focused crypto and I think it's an attractive coin for big business. Logistics is a huge deal. VET doesn't have a sexy name and it's focused on a sector a lot of retailers...
  27. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Yep, 3/29. If I really believe the stuff I've been saying- that ETH could very possibly be 100k by 2023- I should just put my money where my mouth is and buy at $2100. At that point, who gives a shit between a $2000 or $2100 entry? Of course you should always try and get the lowest possible...
  28. Arden

    Bitcoins/Litecoins/Virtual Currencies

    You and me both dude. Annoying as fuck tbh. I called it pages back. Eth was still in the $1600s when I posted this.
  29. Arden

    Bitcoins/Litecoins/Virtual Currencies

    I'm waiting to buy back in myself. Wouldn't have sold what I had but I needed to switch trading platforms and I couldn't transfer my Eth directly (don't ask). Eth seems to drop precipitously every night at 3a my time. I'm not sure it's going back under 2k anytime soon (but who knows), so I'm...
  30. Arden

    Bitcoins/Litecoins/Virtual Currencies

    This was pretty much exactly my takeaway. Pomp is a great salesman, but Mike is a great debater. I think Mike won the debate, but I'm not convinced he won the argument. Mike brought up some really, really good points about a few serious concerns regarding BTC. There are absolutely...
  31. Arden

    Bitcoins/Litecoins/Virtual Currencies

    This narrative fits pretty well with a lot of the things I've been reading. Except I think you are underestimating how quickly ETH would go to 100k if 2.0 works. Again, feel free to say I'm smoking hopium (maybe I am) but look at BTC. BTC was around 10k in Sept 2020 and jumped to 60k by March...
  32. Arden

    Bitcoins/Litecoins/Virtual Currencies

    I don't know about you guys, but if I'm dropping a lot of money into something (like crypto), I like to hear a contrarian position from time to time. As in, "tell me why I'm wrong to like crypto." All Champaign and roses makes me suspicious. There are so many pumpers and hypers and echo...
  33. Arden

    Investing General Discussion

    Read the article and I can see why people don't like ZeroHedge
  34. Arden

    Bitcoins/Litecoins/Virtual Currencies

    Definitely, definitely not the case. LEA's aren't going to advertise the fact that they can trace crypto, but they definitely can. Most of the time it's not worth the trouble (because it's not super easy), but don't make the mistake of thinking it can't be done. (Not directing this...
  35. Arden

    Bitcoins/Litecoins/Virtual Currencies

    I've always heard keep it off the exchange in cold storage (unless you are staking it). Binance was hacked a few years back and they got a couple hundred million in BTC. Apparently Binance has a really robust "insurance" system though, so anyone who lost BTC in the hack was immediately...
  36. Arden

    Bitcoins/Litecoins/Virtual Currencies

    That's what I'm banking on. It also seems to drop at night. Just need to time it right and maybe I can catch it back at around 2k.
  37. Arden

    Bitcoins/Litecoins/Virtual Currencies

    JFC, I need to buy back in ETH but the shit won't stop going up. Worst time in the world for me for it to go parabolic.
  38. Arden

    Bitcoins/Litecoins/Virtual Currencies

    It's not just that 1559 has the chance to turn issuance negative, but it also significantly incentivizes people to hold on to ether rather than sell it. The combination of factors that was laid out previously in this thread means people are absolutely going to be hoarding ETH. Again, the oil...
  39. Arden

    Bitcoins/Litecoins/Virtual Currencies

    You beat me to the math, but yeah. You also have to factor in taxes so reduce that by ~20%. But I'm not staking until the conversion of ETH 2.0 is done. After this July, I expect the price of ETH to go way, way up. I also expect the rewards for staking to go up as ETH moves to full PoS . I...