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A comment on Coinbase from YC to DPO. Parent comment

Re:Coinbase from YC to DPO by Kiro on Wednesday April 14, 2021 @03:56PM (#26812219)
What do you mean? How is that any better than the 2.4 billion worth of Coinbase shares he has now?

You phrase it like he made a mistake and lost out on a huge profit but the ROI is exactly the same so really don't understand your comment.

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Re:Coinbase from YC to DPO by kgc on Wednesday April 14, 2021 @05:48PM (#26813527)
Actually at one point Bitcoin had an equal fork, so that number should be double for Bitcoin.
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Re:Coinbase from YC to DPO by STRML on Wednesday April 14, 2021 @07:43PM (#26814507)
Not quite equal. At its peak Bitcoin Cash was about 25% of Bitcoin, and at a much lower price too. If you reinvested it at exactly the right time, you could multiply total yield by 1.25, but that's a big if.
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Re:Coinbase from YC to DPO by cableshaft on Thursday April 15, 2021 @09:46AM (#26820418)
Yeah, Bitcoin Cash is nowhere near its peak ~4 years ago, when it was like $2500 (it's $824 a coin this morning). It has not kept up with Bitcoin at all this bull run (although it has gone up, just nowhere near at the same rate). So yeah it'd be nowhere near double today's Bitcoin value.
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