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RE: Bitcoin Drops Over $2,000 As Bitcoin Cash And Altcoins Skyrocket

in #bitcoin7 years ago

continuously dropping against what? Fiat yes, the alt coins no! even bitcoin cash. I'm going to explain something to you really quick here. Even Jeff above doesn't understand. I had 32 bitcoin august 1, sold all my bitcoin cash into bitcoin at around .18. So 32 times .18= 5.76 free bitcoin. Now I had 37.76 bitcoin, then bitcoin gold came out, sold all 37.76 bitcoin gold at .04 bitcoin gold a pop. so 37.76 times .04= 1.5104. so 37.76+1.5104=39.2704 bitcoin I now have. And now bitcoin diamond is about to come out and that is trading at 40-50 dollars, but there giving away 10x the amount of bitcoin you have, bitcoin diamonds is another fork of bitcoin, there are actual half a dozen more hard forks to bitcoin happening right now also. Bitcoin (core) has been the greatest dividend yield I have ever received, currently beating holding the bitcoin cash I would've held if I would've listened to Jeff. Then again, that's just how I have been playing it. These forks of bitcoin I see are dividends to the actual bitcoin.

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nice strategy man, thanks for the perspective

Sweet mate, Bittrex regulation change and Kraken lag totally messed up my trading...but I should and could have held same way...