Bitcoins/Litecoins/Virtual Currencies
- Thread starter Tripamang
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
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Staking it is how you generate VTHO.Staking is another great thing about Eth. I don't believe you can stake VET.Mist will definitely want to stake that $50,000 and get interest going on it.
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Arden
Blackwing Lair Raider
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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 couple of times. Whale crypto buying is just getting started honestly.
That said, you can fuck up. If you time it poorly and sell right before there is a big catalyst that pushes the floor up, you can end up having to buy back in higher than you sold.
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Sanrith Descartes
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LachiusTZ
Rogue Deathwalker Box
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Rajaah
Honorable Member
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What do you guys use to stake it? Binance I presume? Didn't see anything in there about staking, will take another look.
Rajaah
Honorable Member
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It really is, just maybe not on ETH. And as long as you won't get depressed and mope if it crashes another 20% after the buy-in like I do
Arden
Blackwing Lair Raider
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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.
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Binance.us automatically stakes it just for being in the wallet. Apparently this is different from the Binance app for other countries where you have to set it to stake.
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I am starting to question how much ol Joe will impact things. Mind you I have no doubt the market will dip again soon since it always does. I’m thinking maybe the tax scare is priced in right now already.
Who the fuck knows. Company A brings in 3 billion more than expected drops in price. Unemployment sharply increases, stonks go up.
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True on all counts. It’s a crazy time. Which doesn’t inspire confidence, in me at least.
Arden
Blackwing Lair Raider
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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 expectations/reactions. Crypto investors are what the legal world calls "less sophisticated" investors.
Kiroy
Marine Biologist
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tax scare priced in major capital gains taxes incoming oh btw ATH’s everywhere
/shrug
Arden
Blackwing Lair Raider
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"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
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Loser Araysar
Chief Russia Reporter. Stock Pals CEO. Head of AI.
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Wondering same thing right now.
Holding $20k in cash right now, watching jealously ETH sail to all time highs
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No idea, but I’m gonna still wait until the weekend to buy anything wherein lately it’s dumped every weekend. Of course the one time it won’t will be this weekend..