I missed the boat on VTC, waiting for my chance to enter when it drops back down but I have my doubts... I remember back in 2014 when crypto last peaked, people were saying VTC was 'the next litecoin' as well. Truth be told, I'm not sure Litecoin is even 'the next Litecoin' anymore, let alone VTC. Experiences in the past have made me weary of touching both... Litecoin had me hodling for 3-4 years before I could finally get out!
I got on KMD a week or two ago (short term holding). Other than that, I'm like 50% NEO and 20% OMG, bunch of STRAT, ETH, IOTA, LRC (really interesting!), and some leftover BTC. Oh, and some pocketchange into BAT to keep track of it, because earning crypto while browsing sounds pretty awesome to me. And STEEM of course. Sigh, this list is still kind of long, I just realized.
I genuninelly believe VTC has the ability to get to LTC prices. I think the community around it is strong bc of the fact is asics resistant, its like a cult following. Im bag holding NEO from it's ATH in like June.. I've got NAV, ARK, BLOCK, REP, XMR, BCC, FCT, VTC, ETH, BTC .. kind of a lot I know but I like the diversity. OH and I'm bag holding KIN from its ICO price.. much disappoint lol.
I think asic resistance is great, but asic resistance is only a temporary measure. We've seen asicresistance in the past being broken, which has led to these new attempts at asic resistance. I think it will be an ongoing battle to stay ahead of the asics, so I am hesitant to put too much value in asic resistance since it seems such a temporary measure. Besides, it won't lead to more decentralization.. there will just be GPU farms instead of CPU farms in China.
Collecting crypto is kind of like any other collectibles hobby in some ways.. Just have to have a bit of all of them !
I need to look into BLOCK
Well VTC's halving event is happening soon, so I suspect a jump in price. I agree its definitely a form of collecting like anything else lol. Block is at a serious low right now of like 17/18$ if you have free fiat, now would be the time to get in. Its also a PoS coin, so I hold all of it in on my hardware wallet.
Interesting, didn't know about the halving event.
I don't have any spare fiat to put into crypto, so now chance of that. But will be looking into it for sure, I have a tiny bit of BTC left which I may as well put into something else.
But are you telling me you are staking it (getting rewards) for having it in your hardware wallet?? Because normally staking requires you to have a pc running 24/7 in order to get the rewards. NEO is one of the exceptions to that rule. Is BLOCK like NEO in that regard?