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RE: Explaining Weekend Volatility with Trader Profiles and Psychology

in #trading7 years ago

It is hard to say. In the hypothetical situation where a heap of Chinese miners get shut down then the hash rates of both BTC and BCH would drop. That would slow block times until the difficulty level adjusts. Probably more harmful to BTC because of their current congestion issues, but it'd affect BCH too.

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I also think about organizing a monopoly on the BCH coin as the complexity of mining is high and there are not such capacities for small miners, these coins are mostly owned only by large pools such as there are in China, I noticed the transfer of funds from BTC to BCH is obtained when China does not earn on bitcoin they earn on BCH is a kind of hashing of risks. It seems to me that BCH will be traded at about the same price in the future with bitcoin

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