BCC faced $1200 on bittrex a couple of hours ago. Interesting point with this is that bitcoin price was not affected by this huge air drop. I just can't understand this. Under normal conditions, bitcoin price should have been dropped hard. But it didn't.
It means BCash is being purchased by new wealth, might be the cashed out fiats that were hoarded by BCash supporters such as Roger Ver. I know Ver has cashed out significant amount of Bitcoin for fiat previously. Now he can just use those fiat to provide a price support for BCash, and he's not alone.
yes, he is not alone , bcc has many big investors trying to make price hike but i think it won't last long. once they reach their limit of spending their money on trade manipulation , they will abandon bcc and get back to btc lol