This seems fishy to me. There’s a huge divergence in the price between the various exchanges that claim to trade BCH[1], signaling that arbitrageurs are unable

This seems fishy to me. There’s a huge divergence in the price between the various exchanges that claim to trade BCH[1], signaling that arbitrageurs are unable to deposit to/withdraw from the exchanges. Many exchanges aren’t even allowing BCH deposits, meaning that the price isn’t connected to the Bitcoin Cash blockchain, since you can’t sell these coins into the market. Right now there seems to exist multiple different BCH — one for each exchange — all of them with a different price because they’re not joined by the coins on the Bitcoin Cash blockchain. [1] https://coinmarketcap.com/currencies/bitcoin-cash/#markets https://coinmarketcap.com/currencies/bitcoin-cash/#markets