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RE: Bitcoin (BTC) Mid-Day Update: Precision HIT!!
It does not matter. The BTC/Alt Ratio is nothing more than an indication. Imagine for one second: would you rather have an altcoin worth 1000 satoshis when BTC itself is worth $10000, or an altcoin worth 750 satoshis when BTC is worth $20000?
Do the math. At the end of the day, you're winning at the USD/Alt ratio. That's all that counts for now, right?!
So everything's well that ends well.
not so accurate. if you sell the alts in the satoshi peak you can buy them later again (when BTC price increasing) and enjoy some profit too.
Agreed. When calculating the BTC-equivalent, I lost some BTC today -- but, when calculating the $-equivalent, I gained some $ today.