Coinbase listed Bitcoin Cash today evening and within a few minutes, it was quoting at $8,000 or more. This is crazy mania and shows how people are piling up on Coinbase because of their easy user interface and they have no idea what they are buying and what the real price is.
Now that things are settling down, Bitcoin cash gained 70-80% due to the new wave of investors coming in. It shows how the exchanges are critical in bringing the currency to wider distribution. I am hoping the real alternatives to Bitcoin like DASH and Monero come to these exchanges and it is a fair play for crypto-currencies to fight it out.
