Bitcoin cash goes crazy now, over 25% of bitcoin's value. This is incredible...
That is not incredible, that is insane. BCH is just a fan based coin unlike BTC which have a lot of supporters. BCH price is just increasing because of the whales who supported it's fork before. It may have a good increase on it's price right now but it will definitely go down once those whales abandon that coin. Don't get fooled.
nothing crazy or insane here:
when the major ASICs vendor announces that his batch will be only sold for bitcoin cash
it is only expected the price to break the roof,monopoly at its best
if you want to mine bitcoins or bitcoin cash-get bitcoin cash to buy the things you can mine with
create artificial demand and then improve the difficulty recalculation-and here is the recipy for the current price boom of BCH
besides the Segwit2x debacle doesn't add too much of the certainty and the capital moves to the safer and more profitable haven which is bitcoin cash at the moment
Without the S2x, the bitcoin shall rise in the long term.
in the long term,maybe yes
but it is not s2x fault,bitcoin does require something to be done with the network congestion
even as artificially created at times as it is
segwit2x or not but there must be a consensus to this,its just the powerful of the bitcoin world
cannot come to a consensus and the usual bitcoin users are suffering from the increased fees and transaction times
only yesterday there were 120.000 unconfirmed transactions! crazy,right
