Bitcoin went to 3400 while Bitcoin Cash had a spectacular uptrend today, gaining 36%. I changed all my bitcoins for ethercoins a few days ago, but I'm still keeping the Bitcoin Cash.
Now the total market cap of Bitcoin(BTC) and Bitcoin Cash(BCC) is 62 billions.
It seems like there is going to be another pump and dump for bitcoin cash.
Great to see the markets are looking healthy and that bitcoin is hovering around $3400
Thanks for the update @steem-buzz
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It almost seems too good to be true, like one gaining value would siphon off value from the other, but I suppose Bitcoin cash is like any other well supported altcoin with a limited supply. When you really think about it and compare it to other alts there's no reason why it's value cannot soar and every reason why it should.
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Bitcoin has far more material value than Bitcoin Cash because it has more infrastructure, so it can be spent in many internet venues for real goods and services. That said, there are plenty of copycat Bitcoins out there doing quite well, making it more believable that Bitcoin Cash will go up.
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For every pump, there will be a dump when ppl rush to sell things, but there's the time when you can buy it cheap like last time, interesting post, thanks for sharing and keeping us updated :) have a nice day #keepsteemin
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Bitcoin cash is like any other well supported alt-coin with a limited supply.
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This is interesting. It's amazing to see them both doing well. There is enough room in this growing space for the coins to exist for different purposes. It isn't a zero sum game.
Cheers. Thanks for your update.
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Will be following this closely!
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