Bitcoin Cash Price Poised to Plummet Once Network Stabilizes

Two days after the chain split that resulted in the launch of Bitcoin Cash, the fledgling coin is quite an unusual position. The Bitcoin Cash network is almost non-functional due to extremely slow block times, inherited as a result of Bitcoin’s mining difficulty at the time of the fork. The token itself is quite valuable—trading for over $400—but only for a small fraction of the people who own them.

Exchanges

No major exchanges have Bitcoin Cash deposits enabled, which mea