Current price:
Bitcoin: $9,271.27
Bitcoin Cash: $1,533.55
Effectively anybody who invested in Bitcoin Cash around a week ago would have doubled their investment but they would have had a ROI of 14% for Bitcoin.
Now there is a big surprise. I always link Bitcoin Cash with whales and crypto-exchanges that wanted to destroy Bitcoin so have no interest in buying Bitcoin Cash as I do not agree with the way it was created and I do not agree with the whales behind it but right now the question is what is pushing people towards investing in BCH?
I don't think that BCH has any long term future. It's not used by merchants nor is it used by average Joes to purchase anything. People can hype it up all they want, but it's just another fork of bitcoin that I've dumped long ago.
BCH tends to get hyped up real easy and is extremely volatile. It pretty much moves in cycles of boom/bust, just like other alts but with much more fluctuation.
The main reason why BCH is going up is just pure hype. No substance to this pump, they just try to make it seem like as if BCH is going to take BTC over which ain't happening ever. Happens all the time as well, just look at the charts. But all of this wouldn't have happened if BTC didn't recover. BCH still follows the general trend of BTC.