BTC's value has dropped by roughly 2000$ in the passed 2-3 days.
Ofcourse this is all the result of the Segwit2X fork being cancelled. Meanwhile Bitcoin Cash is skyrocketing because the Bitcoin Gold fork on their behalve has been 100% verified!
But! here's the catch, people that want their Bitcoin Cash paid out by their trusted broker might have to convert it back into Bitcoin first before they can cash out the profits gained.. (I know most brokers available to me work this way).
Because, if we are all honest, people are just buying the BCH for the fork's duplication.. Not for the various ways BCH can be used in, because BTC is still more well-accepted to the world's current -already hard to penetrate- economy..
This will undoubtly reverse the current graph we are seeing.
From BTC; Down - BCH; UP
To BTC; UP - BCH; Down
What's your opinion on this?