"Back to life
Back to reality
Back to the here and now."
Soul II Soul sang it in the late 80s - really, the late 80s! - and it rings rather true for Bitcoin Cash, BCH.
The Price Now?
$370.99 is a far cry from the highs of $700-plus of earlier today, and it means that the market cap is an easier pill to swallow.
Let's all take a deep breath.
In fact, there may be more dropping to come...
Yes, after yesterday's "airdrop" - which is like a corporate spinoff - lucky folks own BTC and BCH both, but we almost immediately had a liquidity problem. Folks couldn't find their coins in order to withdraw their coins to deposit them on an exchange and trade them.
Not fun if you're looking for a quick profit.
And we'll see people heading toward the safe haven of BTC
Bitcoin's price is around $2700 on Poloniex. And I still think we'll see $3000 soon.