Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 06/11/2014, 08:51:43 UTC

But it is true: I did sell all my BTC to invest in XRP, months ago.  And I have been doubling my XRP holdings every day since then, as I did before with BTC.


Ah that explains so much.

I dumped the 200,000 ripple i was given in January for 5.5 bitcoins (at the time around $4000 I think). That same ripple today is worth about 2.8 bitcoins, or $1000 ish.

Ripple holders .... the only people who've done worse than btc holders this year

Also I doubt you're doubling your holdings everyday, or you'd quickly run out of cash http://en.wikipedia.org/wiki/Wheat_and_chessboard_problem

There are a large number of alt-coins that have done worse than BTC in the last year - probably, quite a few of them that was sufficiently in existence in the last year has done worse than bitcoin in the last year... it would be easier to count the ones that did NOT do worse than BTC in the last year than to count the ones that did do better than BTC.