/biz/ - Business & Finance

Mining difficulty is now ~26% of BTC, which means BCH can never be worth more than 0.26 without a dramatic increase in hashpower on the BCH network. Since we're mining fast enough, this difficulty will stay for ~7 weeks until we get a normal retarget (2016 blocks), which means that the price will stay below or at ~0.26 unless hash power takes a dramatic shift. If it DOES take a dramatic shift, we're going to see some hilarious yo-yoing and this might kill both coins. Since there are certain agreements made as part of the NYA originally, this is unlikely to happen.