Ninjastic
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Board Announcements (Altcoins)
Re: [ANN] Bitcoin Cash - Fork 1:1 of Bitcoin - Pro on-chain scaling
by
cryptogaga
on 08/08/2017, 08:03:43 UTC
Quote from: templebar on August 08, 2017, 07:43:20 AM
Quote from: cryptogaga on August 08, 2017, 07:25:42 AM
Quote from: Mrpumperitis on August 08, 2017, 05:10:56 AM
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.
 
Upon the fork BCC/BCH inherited Bitcoins difficulty which is yet to be corrected, the difficulty for BCC/BCH should be lower than that of BTC and the correction has been ongoing but still high in comparison to price and hashrate so it should keep going down till it stabilizes per available hashrate!