Quote from: batang_bitcoin on August 02, 2017, 03:41:16 AM

If he said that he was just about to go with BTU then it was only for it. But who knows on what he's about to do. He's been doing things and push something that he thinks will support him by the community. Why he doesn't want to stick with bitcoin so that everyone of us will live happily ever after and it will never end.

He has been trying to create a new coin out of Bitcoin as he was very unhappy about the Core community not willing to increase the block size. As BTU did not work out, BCH is his next chance. I thinkg he is a very happy man now. Not only did the new coin plan get realized, he has probably been selling his BTC to exchange for BCH at a 1 to 10 ratio.

Quote from: zarados on August 02, 2017, 06:28:08 AM

I wonder the BCC or BCH? which is the correct abbreviation, or both are correct.

BCH is the correct one. BCC is the symbol for Bitconnect - which is currently ranked around 13 in market cap now.

Quote from: xypos on August 02, 2017, 09:55:03 AM

This correlation might be true now but will only be lessened as time goes by because after all, bitcoin cash isn't really anything more than an altcoin airdrop. Bitcoin and Ethereum probably has an inverse relationship as well because there is only this much investor funds available in the crypto scene. Bitcoin cash is not different.

Logically speaking i can see why this correlation is true, so don't get me wrong. Thereotically, yes, bitcoin cash + bitcoin = actual bitcoin value pre-fork. But practically it is quite different. Bitcoin cash has now risen by 70%, whilst bitcoin has only dropped by 3%. If what you said was true, then bitcoin would have dropped by at least 10-15%.

Yes, the correlation only works in short term - very short. Right now, the combined values is $3500. I did not expect the BCH price can go so high!

I am not 100% sure, but I read that these miners (mainly Bitmain) who departed from BTC and going into BCH is about 20% to 25% of the pre-folk BTC harshing power. If that is correct, then these miners would equal to about 1/4 to 1/3 of the current BTC hashing power. If we based the price on the hashing power, BCH might end up with 25% to 33% of the BTC value. (Notice that there are a lot of "IFs" in here.)