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RE: Is Bitcoin Cash a Foreshadow of the Crypto Future?
I watching several videos on YouTube suggesting that Bitcoin Cash was being pumped and dumped by two exchanges based in China. I don't know if that's true but maybe that's why the chart is like that
Didn't hear about that. The majority of the hype came from BCC mining it's first 8MB block combined with the new announcement that BTC would probably be hard forking AGAIN in November and creating a 2MB block.
Either way, this is a perfect demonstration of how overbought markets can't sustain without increasing fundamentally.
Here's one of the videos that I could find. I made a mistake, it's from 3 exchanges in South Korea not China. You can skip it to 2 minute mark without missing too much info.