BCH ICO success and lack of an increased volume in the network could be due to big whales such as Bitmain diversifying their holdings and de-exposing from BCH, without actually crashing anything. Just a speculation.
Also, I am really looking forward to forex being done using stablecoins. I think Bitfinex is currently exploring this avenue. Blockchain industry future seems bright. Meanwhile, we experienced a bloodbath as a reaction to the stock markets crashing. Disappointing. Perhaps it was actually orchestrated to not fuel any investor fleeing into cryptocurrencies, i.e. to show that cryptomarkets are not the alternative to traditional markets.
Anyways, battles to fight are awaiting. Onwards march, cryptocurrencies!
You are viewing a single comment's thread from:
Interesting point about the BCH ICO. I've been watching the Bitmain/BCH situation closely, I think your idea there might be valid.