Rumor: Bitmain Financials Indicate $740 Million In Q3 Losses Excluding Cost of Bitcoin Cash (BCH) Hash War
December 6, 2018
Since the hard fork of Bitcoin Cash that resulted in the ABC camp claiming the ticker for BCH, the value of the digital asset has dropped from around $500 on the day before the event (November 14th) to current levels of $115. This is a drop in value of 77% in a period of less than a month. Some crypto enthusiasts and analysts have concluded that BCH has entered what is known as a Downward Spiral.