It's been impressed how Bitcoin Cash pump in the past of few days. Many people then make a statement that BCH will replace Bitcoins in the future. But nowadays, Bitcoin Cash began to be abandoned and prices dropped back. What really happened? Is this a joke or is it just for a moment's profit? How is current Cryptocurrency technology only for games only.
This can soon be entered into the cryptocurrency history as one of the most popular and abrupt migration of Bitcoin to BitcoinCash and then maybe back. Well, we can say that it can just be a big joke bit then again many people am sure did make some money here. In other words, this is just doing a normal business. Every participant is just doing his/her thing so as to make some profits...and now that the boat is tilting back to its original side there can movement to soon dump BCH and we can see Bitcoin to rise again...maybe slowly as it is just trying to absorb what happened in the last few days.
As some are saying, this is the game that old boys are doing and since they got the resources to support such, small holders like us are just watching on the sideline maybe wondering what happened. Next week, hopefully, we might be able to rationalize things up for better discussion. Personally, I did welcome the birth of BitcoinCash but I do not entertain the idea that it should be the new Bitcoin.
Agreed this has to be one of the top cryptocurrency history battle seen till now, which was done in the most perfect timing possible as well.