Why bsv is always 50% of valute in USD of bch?
Why bsv is always 50% of valute in USD of bch?
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I can think of a few explanations none of which I have much evidence for. My favorite explanation is that around 1-3 percent of crypto community were smart and they followed Aug 2017 fork to BCH but only 50% of them were REALLY smart and well here we is :)
Algorithms priced in by whatever metric they use such as available on exchanges, fiat trading volumes, etc.
https://coin.dance/
I would say it somewhat follows the near term hash power average. BTC typically at 95-96% (sets the initial market price with tethers), BCH 2-3% and BSV 1-2% (half of BCH) of market hash. Now I don’t say this is rational but a pattern...