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RE: Hardfork Recap: Bitcoin Cash Successfully Created! How Does The Crypto World React & What Now?
I think for now we will see a slightly 'false' bitcoin cash market price. It will take a week or so to stabilise out and figure its place in the market. Although, this is where a lot of the day traders can make BIIIG profit. (Im too scared to at this point!)
Exactly. Right now everyone pumped their savings into bitcoin to get some free BCH, and now slowly everything will return to normal. The Bitcoin price will likely drop a little because people will convert their BTC back to the usual altcoins.
I agree, the sea of green is starting to move up on alt coins.. Lets see my theory is about 14 days for stabilisation