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RE: New Cryptocurrency sensation “Bitcoin Cash” crashed in less than a week
Your title is misleading and incorrect. Bitcoin cash did not even close to crash...
People over payed in the short term for sure but that is because a price has not been set yet.
That is the natural flow of the market.
Did you follow the market within the first two days of its launch? Cos if you did you would know that it went up to about $700+ and all of a sudden dropped to $200+
If you followed it then you would know it went up to $1400 .. Still completely irrelevant.
This is how a market reacts to new information. You calling it a crash without understanding that is misinformation.