Post
Topic
Board Announcements (Altcoins)
Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling
by
mindrust
on 08/08/2017, 07:51:30 UTC
Amazing support @0.09s , with btc at an ath, i was expecting a dump on bcc.

IMO the reason its not dropping, its 50% under priced vs mining costs...this wont last long, as people will quickly buy up the cheap coin.
If this is near bottom...what will near top look like  Shocked  (short term)

Once difficulty goes down and the mining profitability goes high there would be some major dumps!
Why would the difficulty goes down? I thought it always goes up even though minor corrections might occur if the block times are getting high.

They don't mine bcash intentionally to lower the difficulty and make it more profitable to mine with the hopes of attracting more miners.

In other words, they are desperate.