STEEM reached its lowest point in a year. This is an amazing buying opportunity. But how the hell did we get here. I have a little hunch. Take a look at this chart:

BCHSV is finally getting more hashpower destabilizing the market which already prefer BCHABC. This is despite BTC.Top Shifting Hash To Bitcoin Cash ABC To ‘End Chaos’ These are all things that should have been expected and I'm not even much surprised and I'm very confident about the future. We are going through a time that will test both the technology and the HODLers.

Coingeek, ProfFaustus & Billionaire Money

Craig Wright is leading te dogma and hostility in the form of a complete cancer to free market competition and from the very beginning he was making very disgusting threats:

"I want to have people understand Bitcoin. If it means we spend a year or more slowly bleeding every satoshi of value one by one from the ABC chain, we will. Without exception.If ABC stays on SHA256d and does not add replay protection, we will hound it. Not until it is weak, not until it is unlisted on every miner and major and home level exchange globally, but until the last CPU running it anywhere globally burns out. If this means chasing a lone dev with a CPU to burn that last vestige of hope, and you think I will not, then, you do not know me! But, you will learn."

I've written more about this here. Craig Wright has offered no conclusive proof that he is really Satoshi Nakamoto and his money is really coming from billionaire with former criminal charges named Calvin Ayre who is behind Coingeek. This is the guy:

Math & Economics

Good things make sense. It makes sense to trade than go to war. Roger Ver's words on the hash war was "No one wins a war. Some just lose less than others." He is right. No matter what Craig Wright and his anti free market hostile billionaire backed mini-mob says about winning some war, there is no happiness or prosperity to be build in a war. Rome was at war and it was war that broke Rome. France was at war and now USSA is at war. War always breaks the ones who are conducing it. Let's see who is loosing; Dogma or Free Market

The combined value of both coins is still less than old BCH and BCHSV is loosing value faster (check historical charts) Here is some more data from https://fork.lol

Mining BTC is Far More Profitable

Anybody who is mining any of the hard forked chains are making a long term bet. Currenly 58.33% of new blocks are mined by Coingeek which is pretty centralized compared to Top 20 STEEM/EOS Witnesses each produce only 4.76% of blocks. That is more than 12 times more centralization. BCHSV is managing close to 50% of the ongoing hash rate despite receiving 2.68 times less value. It's far more profitable to simply mine BCHABC. It's the cult and the Coingeek with billionaire money that is sustaining the whole thing.

During Times of FUD we Need Accurate and Objective Information

Don't just listen to people or measure consensus on some Reddit page. I visit them too. But forming a decision should be based on not just mere research but also analysis based on Mathematical and Economical principles with help of Psychology and Sociology. The truth cannot be seen on some hash war chart. It is tone of the first things that come across. But Devil is in the Details and so is heaven.

The truth behind the hashwar is that one figurehead backed group with money from a gambling billionaire is making 2.68 times less money compared to BCHABC and both chains are much less profitable that simply mining BTC. This is a long drawn out game with one party acting aggressive and hostile towards every other project burning millions of dollars. To help you with the math, I'm leaving a final Infograph published May 11, 2018 here.

There are 144 blocks mined every day. BTC has roughly 10 times hash power compared to BCH. As a rule of thumb divide the above numbers by 10 to get the values for BCH.

These are the information that I could find. Hopefully this will help you gin a better perspective on what's going on. Please resteem and spread the word.