There must be something we (general public) currently don't know.
Otherwise, I don't see whats all this about.
Dumping BCH for 1-400 bucks to buy BTC at almost 2.9k looks like mega dumb move from my perspective.
What am I missing here? Please enlighten me. Thanks
Its because no one wants it and selling now for this is better than selling in a couple of months for <$50
There is very little miner support apart from its creators who are loosing 1000s a day and making it highly centralised
One miner pool stated they used it for a day and lost $300000 I think and vowed to never use it again and this seems to be a common trend
It is not profitable to mine so there is no incentive for miners to switch and no miners means no blocks or a dead chain