well all the cryptos are crashing...
except a few , esp Bitcoin cash...solid as a....(what ever you want lol)
and now going up
Yeah
its because people are going over to Bitcoin Cash as a safe haven
I'm glad I managed to sell off a btc at $4800. phew! That was a close one its down to ~$4300 @bittrex
More BCH for me
You don't really think that Bitcoin will go down significantly, do you?
Bitcoin Cash has not a single reason not to be accepted by the entire planet, whereas Bitcoin has every reason not to be accepted by the entire planet.
"But if BCH is the real bitcoin, then why is bitcoin price still so high and BCH still low?"
People think such organic things die instantaneously. Of course not, it will be gradual, but as it gets closer towards people realizing what has happened to bitcoin, it will be quicker.
Before it's too late, ignore the current prices. The price is not what you should be looking at. Otherwise, every time one goes up, and one goes down, and vice versa, you will be pulled in every direction like sheep, following the rest of the herd who does the same exact thing. "Huh?! It's going up!? Everyone else is buying because it is going up! ... Well... ME TOO!!" and, "What?! It's going down?! Everyone is selling??! Oh shit, ME TOO!"
Do not look at the price. Look at the reason the coin has use.
You will clearly see that one has turned into something that is very similar to fiat, whereas the other one allows for everyone to be their own bank, controlled by nothing, a slave to nothing.
For a simple, and quick explanation in detail, how this has happened over the past several years. I suggest watching
https://www.youtube.com/watch?v=oGYo1EUaeKIThis talk is a great introduction to all that has happened. In complete detail.
And then, for more in-depth detail, watch any of "The Future of Bitcoin Conference 2017 - Arnheim" recordings, found here
https://www.youtube.com/watch?v=64hqihJyP9U&list=PLW5YLgBF2qh_1NKB3hW24cg26KSTCsTjY.
Edit:P.S.
https://www.youtube.com/watch?v=uxZkiiovC_E --> This video is even more simplified, not very technical to understand.