BCH has a long way to fall yet. It still trades on hype ATM. Floor should be somewehre around 0.06btc IMO.
I disagree... 0.055 was the initial sell off bottom at the start of August 2017.... Then next time BCH got sold off support took over at 0.06.... This April support came in on 0.09 and now we are not falling below 0.1 it seems.... next threshold will be a pump above 0.2 which will be the new bottom going forward imo...
Game theory suggests that the market will push BCH towards (a degree of) parity with BTC soon enough... Not even because of a flippening but merely because the market can do this and there are insane amounts of profit to trade of such a swing...
Unless you borrow your ideas and opinions from talking heads in the eco system, any critical analysis tends to show what is written on the wall... BCH trades on fractal patterns, like BTC from 2009-2014... every fractal dwarfs the previous one...a $10k BCH per coin will happen sooner than later
That's not game theory, that's wishful thinking. Unlucky for you, people aren't interested in centralized currencies especially when confirmed scammers/liars/fraudsters are the main promoters of them.
Bcash (BCC) is no different than Bitconnect (BCC) and will also share the same fate.
Mindrust, so we can add you to the list of thoughtless trolls on this forum..... BCH and BTC are mined on the same algorithm by mostly the same big mining parties...any accusation of miner centralization right now today is equally valid on both chains... but you will not admit that as it does not suit your narrative...
Promotion is nothing but a secondary activity, has nothing to do with the profit incentivized scheme of mining cryptocurrencies; it is completely irrelevant who promotes a blockchain for its financial viability.... Moreover, luckily for me Bitcoin Cash is very attractive and real financial giants like SBI Japan are already committed to the BCH chain...Unlucky for you, the bulk of humans are still about to enter crypto and they are not hypnotized by infantile hate towards a proper functioning blockchain with great potential... BCH is already delivering to be a main global digital censorship resistant currency....
Lastly, Bitconnect was a lending ponzi scheme and has absolutely 0.0 to do with a Blockchain like Bitcoin Cash.... you are comparing apples to tomatoes, at best... Doesn't matter how good it sounds in your own head, in reality all of your ''reasons'' are nonsensical drivel...
Must suck to know you are the one doing the wishful thinking... BCH is here to stay, for everyone and only growing stronger in adoption and price over time
