Just what all of crypto needs! More negative press and BS.

The chaintip reorgs and doublespends will be interesting to watch on BCH like we saw with BSV

https://fork.lol/pow/hashrate

3-4% SHA256 hashrate dropping to a much lower number when Bitcoin alone goes into a bull market due to Fidelity allowing institutional buyers to buy bitcoin will cause this soon:

https://www.bloomberg.com/amp/news/articles/2019-05-06/fidelity-said-to-offer-cryptocurrency-trading-within-a-few-weeks

Bcash is so insecure and so centralized that they further shifted away from the whitepaper into an area where they no longer even use PoW to achieve consensus anymore but have reorg timestamps approved by a central dev team where PoW is merely to be used at the chain tip to order txs. Unlike BTC and the way Bitcoin was described in the whitepaper the BCH alt now uses weak subjectivity as the basis of determining consensus.

These developer timestamps will not stop double spending and 12 block reorgs however.

the best domain bitcoincash for sale!!

very high transactions (Total: 674,562) in this address, as signaled by @iamNomad on twitter:

https://explorer.bitcoin.com/bch/address/1b1itzeSKYEKhdcthUSnNJ47Fx2U8Zwwn

Lately it takes roughly a 5% rise in BTC for BCH to go up 1%, so if BTC goes up by another 15% or so, then sure, it can break $300. I find it to be incredibly overpriced at the moment ($100/coin is closer to fair value imo) but markets are irrational.

You better trust these numbers guys, Nutildah went to Iowa STATE University. There’s no way he could be wrong!

what about today's fork ?

Whoops! If bitcoin goes up, BCH may follow. If bitcoin goes down, BCH will follow. This is how its always been. This is how it always will be.