BitcoinCash Price Manipulated by Miners?

I wonder.

Is BitcoinCash Price Manipulated by Miners?

If comparing BTC hash rate 234E-BCH 1.2E -> 195%

and BTC price $2000-BCH $118 --> 169%

You will find it almost the same ratio.

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It shows that.

Miners only need to maintain a small hash rate on the BCH network to be profitable.

They do not need to increase hash power on the BCH network, but still have a mining advantage.

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Therefore, every time the price of BCH increases,

BCH miners will mine more, and immediately sell to the market.

That can give them higher profits.

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That's just my thoughts.

Anyone have any other thoughts on miners potentially manipulating the BCH price?

submitted by /u/Ok-Birthday-4844 to r/btc
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Quelle: bitcoin-en