Here is a quick tip...
aug 1 2017 bch is launched...lets say around $200
it goes to $900 within a few weeks, people buy high and are dumped on...
now from the $900 buyers there is 2 types of people, panic sellers on loss as it dropped back to $200 and the average down smart investors
the smart investors kept buying on every dip , accumulating more and gaining cheaper entry point than the original $900 they paid.
The same is happening again but on a higher price point, reason being....
demand has increased as more people are becoming aware that btc is now segwitcoin and bch performs much better overall.
So the smart buyers from $2800 are buying now and lowering their entry point, while noobs that bought high are selling low and calling bch a P&D lols.
And here's the harsh reality
https://trends.google.com/trends/explore?date=today%205-y&q=Bitcoin,bitcoin%20cash,ethereum&hl=en-UShttps://fork.lol/pow/hashratehttps://www.blocktrail.com/BCC504024 Unknown 57 minutes ago 943.8 kB
504023 Unknown 2 hours 3 minutes ago 1.8 MB
504022 Unknown 3 hours 31 minutes ago 244.7 kB
504021 AntPool 4 hours 7 minutes ago 1.5 MB
504020 Unknown 5 hours 40 minutes ago 386.1 kB
504019 Unknown 6 hours 56 minutes ago 1.5 MB
504018 Unknown 7 hours 35 minutes ago 181.8 kB
504017 ViaBTC 8 hours ago 8.0 MB
504016 AntPool 10 hours 2 minutes ago 897.3 kB
504015 Unknown 10 hours 47 minutes ago