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2364d
Is there something I should know about the BCH market this evening!? This sell off is totally irrational, because of its already last 3 weeks decline and the rapid BCH developments would point to bullish reversal.wtf.
Barricade
replied 2364d
Developments and adoption don't matter in an irrational market.
replied 2364d
True. Its just agitating - but i'm in it for the long term anyway, and NEVER plan to exit all, BCH is future!. There isn't a major hack on a exchange or anything?
replied 2364d
The thing is price is important to adoption from a miners perspective (NOT a users) - otherwise they are mining at a loss, many could bail from the network making it less secure!.
replied 2364d
Just shaking out weak hands, nothing special
replied 2364d
I suppose BTC has to fail before a new leader emerges. If the prices will go down further, many interesting things may happen.
replied 2364d
Its strange how BTC goes down - they all go down, BCH logically should go down separably from BTC - unless there is a major issue with the network itself. What do you think?
replied 2364d
Well it seems the coins haven't decoupled from BTC yet and all are treated the same. BCH devs are doing amazing job in improving it as cash, but the markets did not react positively.
replied 2364d
Eventually they will, so just enjoy the low price while it lasts. Maybe new ppl will join, that's helping adoption as well.