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RE: Plasma ☄ To Scale Ethereum To BILLIONS Of Transactions Per Second / TenX 💳 Adds Support For ETH
I think it's got more to do with another possible fork, and free alt coin if it does fork in November. TBH a fork can happen at any time, it's all hype and fashion. Anyone can go on Github and fork a bitcoin. I feel that I'm really missing something here, Bitcash should never have been worth that amount.
I've been thinking that there's a lot of bitcoin cash around, and a lot of us just hold because we don't quite know what to expect in terms of price movement over the next few months and years. This holding strategy is increasing the value, which in turn make more bitcoin cash owners want to hold.