Ok I've lost a bunch moving around from btc to bch like an idiot. As long as we pump again and into the weekend I'll be happy... I think.
Can someone explain to me what happens when btc dies - what do I do? All my alts are tied to btc, if it tanks, are all my alts going to tank? Do I need to start moving everything (at a loss) to Ethereum so I can use eth markets? Do I try to put everything into tether? Or should I be slamming everything to coinbase and into USD until the dust settles.
Can't figure it out, if bch wins, its going to wreck btc, thus wrecking everything else right? Am I way off on this? Plz halp.
If you think cash is gonna win you're too just too dumb to be a trader, im sorry
Chase Cruz
Checked Source?
Ryan Edwards
Your alts aren't tied to BTC anymore than BTC is tied to the USD. BTC is commonly MEASURED in dollars, but the death of the dollar wouldn't mean a collapse in BTC- if anything it'd mean the opposite.
Make sense?
When the flippening happens the value of BTC collapses. The relative value of your altcoins as measured in BTC would increase- it'll take more BTC to buy an altcoin.
I fucking hate these BCASH assholes. And no not you fucktards on this board. Argue all you want but you guys don't make a difference. None of us do.
The whales are playing us by threatening to take the whole system down. If they actually decide to do it, do you think they are going to hold on to their precious BCH as it plummets in value? Fuck no they won't.
Landon Perez
>twitter.com/SilberbaumEli/status/933897396022644736 So my portfolio will tank and then I need to wait until the exchanges change it from btc to bch? How long are we looking? Weeks, months? Not going to lie, maybe exit while I still have some that I've gained the past 6 months. I just am concerned if I cash out the taxes will fuck me.
Aaron Fisher
This doesn't make sense to me - sure alts vs btc will mean I get more btc, but if btc is rekt, what good is it? In the past whenever btc dropped like during the china bullshit, my alts all took a hit. If this happens again, sure I may have more btc, but if its going the way of the dinosaur, might as well exit correct?
Charles Evans
No truer words have ever been typed. Whales are manipulating the price of BCH. You can think these posts matter but we are all just along for the ride.