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RE: Bitcoin Cash Spikes to $586 - Now Equally Profitable To Mine Bitcoin Or Bitcoin Cash - The "Mining Flippening"
Bitcoin cash needs to not be successful. Bitcoin is the coin that is accepted everywhere not bitcoin cash. It honestly is just another alt coin when you look at it there is no reason it should be doing so well otherwise then people pumping and dumping it for the name and some profits is all that is happening.
I have to say, I disagree with everything you said here.
Bitcoin Cash is real bitcoin. Digital gold.
Segwit Coin is digital fiat, off chain transactions. Does not conform to whitepaper.
The price action today with Bitcoin Cash touching $800 could be very bad for BTC if miners start to abandon.
wow