Anyone that understands anything about a decentralized blockchain based coin knows that something like BCH is not a threat to bitcoin. For starters, currently 1 person controls like 90% of the hash, that means this person can do whatever the hell they want. The miners get Votes and based on that things like upgrades/forks are done to blockchains.
When enough people agree to fork, there are reasons and we are seeing this right now. If you look at who was pushing/promoting this fork and what they bring to the table so to speak. It's easy to figure out. We've known it was Roger Ver and Jihan along with some other miners and their whale friends pumping up the price of this coin. It has a huge market cap based on nothing - no tx volume, no real world usage!
Why is this important? Why would miners care about BCH? Well look at the link ==> http://fork.lol/ . There's your answer. If they keep this thing propped up, they stand to make a killing from mining it. This is really a ponzi scheme, they are first in, they get the profits and it's all from the people that start to believe the hype in the crypto press releases. Oh and btw, did you know that if you have enough money, ANY crypto/bitcoin news site/blog will run an article for you? They will make it look like news, when it's really shilling.
Why is this happening now? Well the difficulty for BCH mining is about to get reduced again in like 8 hours or so. This will make it even more profitable to mine. If you understood mining, you would understand why this is huge to miners and people like Jihan who invested and is the face of Bitmain. Bitmain is the company that makes the ASICS and other mining stuff.
Follow the money to get to the truth. With crypto it's important to understand the value a coin brings to the table and with BCH there isn't any real advantages. Don't FOMO in here and get caught holding the bag....
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