If you have been following me, you got into Bitcoin under $2,000 on your last buy before the Bitcoin Cash fork in July/August! You also have been holding on to that new free Bitcoin Cash if you are following along with me since we can't really value it yet!
What is coming?
Bitcoin is about to go through another fork most likely which is named Bitcoin Gold. Just like with Bitcoin Cash the technical reasons are there but the big thing to take away is you need to be holding Bitcoin in your own wallet DURING the fork to get the new coins for free!
Bitcoin Cash is gaining its foothold and rumors are listing on Coinbase.com is only a few weeks away!
Just like with Bitcoin Cash, each fork actually makes Bitcoin stronger by weeding out those who are not into the core ideals and strengthen the crypto market in total by adding new technologies! Bitcoin Gold will be another FREE coin to pick up in the next month IF they do go through with the fork that has been planned!
Why Coinbase Listing matters?
Well if you track coinbase listings you will see when ETH was listed at $2 it now sits at about $300 and LTC which was listed at about $5 now sits at $50! ETH was listed almost a year before LTC so you can easily see a ~10x growth within a few months after listing on Coinbase.
Conclusion
Get your Bitcoin ready, we are seeing a massive migration back and huge shift in technology for crypto that will allow more transaction in the original core crypto, Bitcoin! The previous fork was at $2,000 and returned over 300% in 3 months after! We are approaching another potential fork and would get your FREE coins on that network AND should lead to another boost on the original Bitcoin network! Combine that with coinbase probably listing the first fork Bitcoin Cash in a very short timeframe which will likely lead to a huge boost, the time to be in Bitcoin has never been better!
nice post.followed and upvote u hope u will do the same
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Everyone seems to be migrating from ether and litecoin to bitcoin to make a killing on the bitcoin gold allocation.. I'm holding my bitcoin too but i'm actually picking up ether and litecoin on the dips. My thinking is that when the bitcoin forks are complete people will want to move some cash back into ether and litecoin driving the price up. I guess i'm thinking on the opposite side of the trade.
Any thoughts?
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I am in Bitcoin not for the gold fork, that is just a near term bump, the fork off actually solidified the core network when Bitcoin Cash forked off leading to over a 300% rally in the following months. I do not like how Ethereum handled this last update, it was pushed out after schedule and had a lot of people scrambling last minute.. LTC I don't touch it is just Bitcoin with a different PoW algorithm..
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Thanks for the great info dibs256
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