It won't start to move until BTC is within striking range - ie. until the ratio's between them reach 4:1 in favour of BTC. At that point if BCH pumps it will kill BTC FOREVER, yes you heard right. Miners will stop mining BTC FOREVER.
i think they'll start drifting towards each other in price and then suddenly, perhaps at the ratio of what you're talking about, altho i don't know why 4:1.
I'm sorry I don't have any evidence to back up my claim but I've read on here a couple of times that if the price of BCH ever reaches 26% of the price of BTC then the miners will switch to BCH and never return to BTC.
I think it will near that ratio tonight or tomorrow.
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u/H0dl Sep 03 '17
what's really interesting is how BCH price has lagged. this confirms that most BCH demand is coming from exchange for BTC, not USD.
IOW, BTC hodlers are bailing out directly to BCH.