Quote from: Bitcoin Guy on August 01, 2017, 09:21:17 PM

It looks like BCH is here to stay. For now, it seems that the combined value of both BTC and BCH is, consistently, around $3000. When BTC goes up by $50, BCH goes down by $50 and vice versa. Not sure how long this relationship will last. I do not mind for my exchange to sell off BCH now in exchange for more BTCs.

They said that Bitmain and Roger Ver were going to sell off their bitcoins and put the money into BCH after the fork and they are probably doing it right now. That is why the price of BCH is sustaining at this moment. Once they run out of the capital from selling bitcoins, the price of BCH will probably drop.

If BCH made it and survived with a decent price, that would encourage more similiar Bitcoin split in the future - which is not a good thing in my humble opinion.

I agree with a bit of what you said since and the combined value does add up to around 3K, didnt think of it that way. Maybe Bitcoin cash will grow when bitcoin drops but I doubt it since Bitcoin cash is just an alt coin and nothing special. I will predict that a pump happens to Bitcoin cash with all this hype and then when people realise the truth the coin will starting dropping and will probably drop to 200 or somewhere like that.

An interesting event, especially with all of the FUD and hype, but it was a shame it didnt really do much.