It is dropping fast and the bitcoin cash supports are face down in their own blood now.
From 0.4btc all the way to 0.2btc overnight is no joke.
That is half of it's value dumped !
It is dropping fast and the bitcoin cash supports are face down in their own blood now.
From 0.4btc all the way to 0.2btc overnight is no joke.
That is half of it's value dumped !
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It only got to that value in the first place because more than 50% of BCH holders can't get their coins to an exchange -- manipulation with a small supply.
It really should have never got that high, with it's 5% of bitcoin's miners supporting it, if it's even that high. Five percent of $3,000 (where you could say bitcoin's price "should be") is about $150, so that's roughly what BCH is worth at the moment, IMO.
I totally agree with you there.
It was all derivative trading... nothing more.
We will see next week where it is at and if anybody will be holding it anymore.
We will see! ;D
I got a bellyRub and this post has received a 2.65 % upvote from @bellyrub thanks to: @pbitcoin.