Image from: https://www.bitcoincash.org/
Standing by my decision to unload my BCH at 400USD or thereabouts. I used Shapeshift the moment BCH was supported. Now that BCH is up in terms of USD, I do wish I would have waited but I am not about to buy back in. Why? The value is probably not in people spending their BCH but from market manipulation. I know that the difficulty is down, but I fail to see how that relates, proportionately to the epic rise of BCH. LTC has stalled somewhat and rumor has it is because of harder difficulty mining. Rumor also has it, pretty much fact here, 98% of the BCH is being mined by 2 miners! I am not saying that BCH does not have value but that it is an artificially created "bubble." This is why I do not like the U.S.Dollar! This is why I have faith in Cryptos: Decentralization, and BCH ain't got it.
Completely agree imo it's less valuable than LTC
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there is the risk of btc going into death spiral as it has no emergency difficulty adjustment ability. Been watching hash power switch over all day on http://fork.lol/
That's true. It is still a "new" thing after 8 years. I also believe another coin/token will replace BTC one day, maybe that coin is already out there....
Lot's of seemingly worthless cryptos make money though. Eth isn't really decentralized either, it's Vilalik Buterin.