looks like the Koreans gaming the market to me. Probably someone took a big short position. That's not to say this won't be worth more in the future, but
1 Bithumb BCH/KRW $1,179,360,000 $770.68 38.65% Recently
2 Coinone BCH/KRW $320,212,000 $768.58 10.49% Recently
The exchanges cannot even agree on the ticker symbol. Bitcoin is nice because I can a)withdraw it to a bank account through coinbase and b)spend it on some things. Anyway I think the BCH price was 700 when I started writing this post lol.
I don't think it's right to blame A) exchanges' inability to spell BCH or B) Coinbase's slow pace for adding new coins, on Bitcoin Cash! Coinbase should have just given people their bitcoin cash upfront like some of the other exchanges (were supposed to) but instead they promised that they would by January 1st at the latest... How lame. And my guess is once they add BCH they will most likely start adding other big coins like XMR, DASH, etc. My guess is Coinbase wanted to sell all the BCH in the inital pump, and then catch this BCH train on the way up, and then buy more at dips so they can give the coinbase users their BCH they were supposed to have 4 months ago...