Bitcoin cash seems to suddenly retracing its past high this couple of days. Is it because the recent bitcoin hitting new high at 4500 then people also flocking to bitcoin cash expecting similar gain? Or is it because the news of the latest fork?
Anyone have any idea? Or is it a pump scheme?
Do let me know and everyone reading this post the reason of this sudden growth in the comment below.
Not sure why. Bitcoin cash has just mined its first 8MB block so that may play into it, especially if btc is still having congestion problems (I haven't moved any recently so I'm not sure).
I don't have any insight for you but I'm curious about it as well. It definitely seems like an anomaly but I read somewhere that it was just added to poloniex yesterday so maybe people finally having access to their Bitcoin cash made the difference.
Ah I see, perhaps that's one of the reason. Since I remember what happen with Litecoin when its first listed on Poloniex or something. The price suddenly surge as well. Thanks @haushinka
you received an up vote from danlupi with voting power of 100.00%
read this it will explain
http://bitcoinandtheblockchain.blogspot.co.nz/2017/07/does-it-matter-if-you-believe-craig.html
now read this
http://bitcoinandtheblockchain.blogspot.co.nz/2017/08/chain-death-spiral-fatal-bitcoin.html
thank you
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