BCH All Time High on Bittrex: $1,311
BCH All Time High on Kraken: $811
Meanwhile bitcoin peaked at $2,900.
Could it be that everybody is holding because:
- we can never be sure how things are going to turn out.
- both blockchains could end-up being equally valuable in their own way.
- most bitcoin owners are not poor peasants looking forward make a few thousand dollars for free.
- nobody uses bitcoin in real life so pure speculation is what drives the price and not market economics.
- holding is life.
And of course, most people are retards and didn't move their coins to Kraken, Bittrex and ViaBTC even though they had weeks to prepare. So we might have yet to see real volume.
BCH All Time High on Kraken: $811
Meanwhile bitcoin peaked at $2,900.
Could it be that everybody is holding because:
- we can never be sure how things are going to turn out.
- both blockchains could end-up being equally valuable in their own way.
- most bitcoin owners are not poor peasants looking forward make a few thousand dollars for free.
- nobody uses bitcoin in real life so pure speculation is what drives the price and not market economics.
- holding is life.
And of course, most people are retards and didn't move their coins to Kraken, Bittrex and ViaBTC even though they had weeks to prepare. So we might have yet to see real volume.
Here we go again, I'm gonna get called a freak and a liar and told I exhibit some weird memory deficit but I distinctly remember the ATH on Kraken being over 3000 BTC.
That means it's closer to $10 million.