I keep reading articles with headlines such as;
"Gain 14% on the fork", or "Buy bitcoin now!"
Bitcoin Cash Futures right now are trading at $365.49
This is only a speculative price and is 13.3% the price of Bitcoin @$2,741.99
Meanwhile, everyone that is scrambling to buy bitcoin before the fork, is leaving a trail of dirt cheap ETH and LTC in their wakes.
ETH is now trading at $183.99 and LTC @ $38.68.
After the hysteria, there will be a massive sell-off of BCC which will probably be trading for $150
And everyone will be trying to grab up the dirt cheap ETH and LTC.
In the short-term, ETH could fetch $225 and LTC $45 which equals 18.2% and 14% respectively.
What am I doing? Building volume in LTC+ETH>BTC and suggest you consider it as well.
_Rob
Good info tnx.
Thank you, for reading it.
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Good info and pretty smart too!