Everything that you explained is nothing if the price for each bitcoin cash is small like right now. People get used to a huge price on bitcoin and when people see the bitcoin cash, i'm sure people will leave it. The volume for Bitcoin cash is really big though like bitcoin volume, so maybe it takes a long time to make the bcc price stable.
The volume is really big like bitcoin? You're either nuts or lying...
BCC last 10 blocks, took 8 hours to confirm, in that time there were 3.483 transactions worth 61 million USD.
Bitcoin last 10 blocks took under 1.5 hours to confirm, in that time there were 15.438 transactions worth 428 million USD.
Now scale that up to the BCC timeframe and
we see BCC has less than 2.7% of the economic traffic of BitcoinSo what's the point of this coin?
Your figures just show how pathetic this Bitcoin Cash is. If its economic power is only around 3% of Bitcoin's, then its current price of about 200 dollars per coin is still overhyped, and it has plenty of room where to collapse into. If we make simple calculations (I know they are not meaning anything in particular but still), we should see its price well below 100 dollars. And this is where this shit alt coin belongs, i.e. below 100 dollars per coin closer to the lower end of that range at that