Bitcoin Cash just over took Ether for #2 Coin Cap After Bitcoin!
After a few months we just saw Bitcoin Cash break the #2 spot with over a $30 Billion coin cap! If you remember just a few months ago Bitcoin was around $2,000 and Bitcoin Cash didn't even exist! Just a few months later and it has now become #1!
Take a look back through my posts over the last few months regarding Bitcoin Cash! If you listened to my advice you got FREE BCH and are still hodling super excited now for where it could go!
Read More
https://steemit.com/steemit/@bigdeej/why-we-preach-hodl-beginners-guide-pro-tip
https://steemit.com/bitcoin/@bigdeej/segwit-adopted-bip-91-activated-bip-141-countdown-begins-bitcoin
https://steemit.com/bitcoin/@bigdeej/bitcoin-cash-what-it-is-and-how-it-effects-you-bitcoin
https://steemit.com/bitcoin/@bigdeej/bittrex-responds-to-bip-91-and-bip-141-uncertainty-increases-confirmation-times-bitcoin
https://steemit.com/bitcoin/@bigdeej/bitcoin-heading-to-usd5-000
https://steemit.com/bitcoin/@bigdeej/coinbase-and-bitcoin-cash
https://steemit.com/@bigdeej/bitcoin-bitcoin-cash-next-moves
https://steemit.com/bitcoin/@bigdeej/bitcoin-cash-over-usd700
https://steemit.com/@bigdeej/bitcoin-cash-and-what-you-need-to-know
https://steemit.com/@bigdeej/bitcoin-cash-and-what-you-need-to-know
Crazy times. The battle lines are drawn. I feel that bitcoin has too much brand recognition to be simply swept aside but time will tell. Currently Bch has gone up much more than btc has fallen so I’m still up.
I agree, Thankfully for me I got in pre-fork at $2,000 Bitcoin so this is all popcorn for me!!!
My bigger concern is how to cash out legally without upsetting the tax man. My accountant seems clueless!
Cash out? Legally? I'm not sure you are in crypto.. Why would you need to get rid of your crypto...??
I have been in crypto for 8 years! I dont want to cash out all of it, just to spend some! I dot want to die with millions in virtual money but having not spent any of it!
Can rent/buy a nice house/apartment in nyc and private jets take bitcoin now, 5 star hotels mostly will too if you talk to them and make arrangements and are a preferred customer ;) fiat is a relic of the past!
I agree that crypto is the future but dont be fooled into thinking that taxes are also. The blockchain publicly records every transaction so it is an auditors dream. The higher crypto goes, the greater the number of audits there will be. A lot of people will be done for tax evasion etc. The whole time you are in crypto you are fine but as soon as you use it to buy real world goods or services you'll be picked up.
Lol Yeah Tor Doesn't exist, the silk road was a fairy tale, the Clinton's don't manipulate and try to run the world, lol keep telling yourself that ;)
I traded most of my bitcoin for bcc this weekend. 3 buys-@980, 1240 and 1350. Added to my existing position. Exciting times!
Doing good currently, I have no idea where this is going, if you read through my old posts you will see I advised getting in PRE-fork for FREE BCH and then NOT selling after! If you listened to that advice you are sitting on free BCH that is now the #2 coin cap!!!!
I got some free bcc but sold most when it dropped under $600. Traded all my btc for mostly bch and some Monterey Friday night thru Saturday.
There was only one precedent for a fork to surpass its parent. It was #Monero.
Congratulations @bigdeej!
Your post was mentioned in the hit parade in the following category:
Congratulations @bigdeej! You have completed some achievement on Steemit and have been rewarded with new badge(s) :
Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click here
If you no longer want to receive notifications, reply to this comment with the word
STOPNice upvoted