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Flying, deathtouch
Whenever an opponent loses life, you gain that much life. (Damage causes loss of life.)
Damage dealt to an opponent causes that opponent to lose life. An opponent paying life also causes loss of life.
If you and an opponent both lose life simultaneously, and this causes your life total to become 0 or less, you'll lose the game before Bloodthirsty Conqueror's triggered ability can resolve.
