Hello lads & lasses,
If you're reading this in the first few days of January, Happy New Year to ya!
Right, back to business.
Quick reminder that according Coinbase Bitcoin Cash BCC will resume trading in early January! Now what that is telling me is that 1 million Coinbase users will have access to a new coin, and I'm sure they will dive in to buy. For people that only use coinbase, bitcoin cash can be bought from different exchanges like poloniex.com, binance, etc.
As for Ripple XRP being adopted by coinbase? Erm... a lot of hype and speculation hence the 100% or more price increase. Also bare in mind the supply of ripple is ridiculous, is not decentralised etc...
To be honest I only hold grudge against Ripple XRP because I sold at $0.80 USD to buy Verge (at all time high, not happy).
Would've not been that bothered by developed for bankers and centralised to be honest. I would quite happily invest in shovels or wheelbarrows if I knew they will offer a decent return.
So on a closing note, do I think bitcoin cash is a good buy atm... yes if you can get it at a decent price and sell it mid Jan after Coinbase resumes trading ... why not quick buck.
Do I think ripple is a good buy... well dunno. Even with the enormous supply it could go to $3-3.50 USD, regarding coinbase, any official news from coinbase?
Stay safe!
paulx
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