FREE 300$ per 1 BTC or why bitcoin is rising while alts fall.

As you know, since August 1st we're going to have BTC and BCC and if you hold x BTC now you get x BCC as well. And what is the price of BCC? At viabtc.com its futures are traded at 300+$. So it's basically a no-brain trade, even if you buy BTC now and it falls (but less than BCC price) you still make profit. But you still don't have to sell it right after. As uncertantity unveils, price of either (or maybe both) goes up. And if you think that 300$ if not enough, kraken offers this: "Long XBT margin positions held across the fork will result in a BCH credit". So you can long with margin, everyone is doing this now as they want free BCC. That's why price of BTC is and will be rising (human greed is one thing that always there). This is a bubble ofc and it's impossible to predict what happens after 1/08. If you got the nerves and can control emotions, you can profit a lot from this tho.

submitted by /u/Slightly_Favored
[link] [comments]

Read More

Popular posts from this blog

World Economic Forum Bitcoin Discussions Validate the Movement