A whale seems to be buying bitcoin cash, probably with bitcoin.
Up until today there was a huge discrepancy in mining profitability. Check out this graph:
coin.dance has BTC and BCH currently neck and neck:
https://cash.coin.dance/blocks
This, on the heels of more factional battles:
Then this:
We still have a ways to go until the first-ever regular difficulty adjustment on Bitcoin Cash, too:
https://cash.coin.dance/blocks
They happen every 2,016 blocks. It took most of a month to get up past 1,000 blocks. Halfway there now.
Yeah, I was thinking the whales were waiting for that point to take the momentum. Meanwhile, the Core team appear to be showing their colors, and Roger Ver appears to have been right all along. It looks like they never intended to honor the New York Agreement (SegWit2x) the hard fork was a good idea. Now the Core team seem to be warring with everyone else.
They never signed the agreement.
They didn’t have to, The developers aren’t supposed to just do what they want. The agreement became real because there was a huge consensus. People wanted the haggling over, and they refused to yield. This amounts to something like a coup by the executive branch of a government.