So it appears bitcoin has won against its strongest nemesis as of yet, and quite convincingly too. Bitcoin Cash going back towards under $1000 whereas bitcoin reaching new heights surpassing 8K.
What do you think this means? And what actually triggered it?
I don't really think it's a battle between two cryptocurrencies because obviously it was an open attack by those people who banded together to satisfy their greed. And I believe that it is just one of the many attacks that btc will be facing in the future. We can consider what happened as just a demonstration or practice. And now that they have proven it effective maybe they're planning for the next one as we speak. But I'm glad that btc is still prevailing and is bound to new heights. If there will really another attack then we'll just cross the bridge when we get there. Let's just make the most oit of btc for now.