Seriously it is getting scary. It touched $1300 and now trading at $1200 +.
It looks like miners are shifting towards BCH for now, currently its 1/5th of the BTC.
Are Chinese trying to promote BCH through Bithumb as it is more profitable to mine BCH? Sr. members your views are solicited.
Its going through a good little pump cycle, it is a little worrying but bitcoin has to stand up to these kind of attacks and more to succeed. Its mostly being pumped due to the bitcoin.com and r/btc factor.