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What do you mean? How is that any better than the 2.4 billion worth of Coinbase shares he has now? You phrase it like he made a mistake and lost out on a huge
by Kiro 6y ago
What do you mean? How is that any better than the 2.4 billion worth of Coinbase shares he has now?
You phrase it like he made a mistake and lost out on a huge profit but the ROI is exactly the same so really don't understand your comment.
- kgc 6y agoActually at one point Bitcoin had an equal fork, so that number should be double for Bitcoin.
- STRML 6y agoNot quite equal. At its peak Bitcoin Cash was about 25% of Bitcoin, and at a much lower price too. If you reinvested it at exactly the right time, you could multiply total yield by 1.25, but that's a big if.
- cableshaft 6y agoYeah, Bitcoin Cash is nowhere near its peak ~4 years ago, when it was like $2500 (it's $824 a coin this morning). It has not kept up with Bitcoin at all this bull run (although it has gone up, just nowhere near at the same rate). So yeah it'd be nowhere near double today's Bitcoin value.