I knew some who gain profit from bitcoin cash,but more of them had trapped because of that bump.not they dont know what to do when the price is lower,hoping that the price will grow again as what had hallen last week
I can't believe many people would have fallen for that 'trap'. I can't say that I know all the details about it but, from what I know, Bitcoin Cash have only reached this high because it is only going to be used as a bait to make Bitcoin's price even more Higher. OR they've just took the advantage of the volatility of cryptos. By making Bitcoin Cash rise its price, making the price of Bitcoin goes down a little bit, many traders bought Bitcoin unhesitatingly. Because they knew that eventually the price of Bitcoin will even go higher than expected might as well 'manipulate' it a little. So Bitcoin is not as decentralized it we think it is.
