Post
Topic
Board Speculation (Altcoins)
Re: Future of Bitcoin Cash?
by
Mortimer452
on 31/08/2017, 02:57:49 UTC
THis one is hugely manipulated by 2 of the biggest whales in the crypto industry. So yes, it will definately pump.

This guy knows what's up.  There is still an absurd amount of hashpower being pointed at BCH, more than makes any sense given its current profitability rating versus the real BTC.  The majority of blocks (nearly 75%) are being found by an "unknown miner" not attached to any known BCH pools, so they're hiding who they are on purpose, either through a private pool or solo-mining with a tremendous amount of hashpower.

There's no reason anyone with enough hashpower to earn $100k/day in BTC would put their rigs towards something that would earn them 25% less than that.  Unless they know something we don't.

It's happened once already since the fork occurred, originally profitability on BCH was about 50% of BTC, yet the "unknown miner" was still chomping away earning nearly all the blocks.  Two weeks later, the price more than doubles and trading volume is through the roof, allowing him to sell the coins he hoarded at 50% loss for an amount that would result in a tidy profit.

It will pump again.  Whether it dies after this one is anyone's guess.  But it will likely die eventually.