I know that many people are skeptical about Bitcoin Cash, mainly because of its dubious fundamentals, negative return on investment, and the association with the controversial figures of Roger Ver and Craig Wright. The scandal that Wright got himself into with that being the real Satoshi nonsense doesn't work in favor of Bitcoin Cash. However, I also always give credit when it's due. BCH has been doing great over the last few months, surpassing Litecoin in the Top 10 ranks and showing respectable gains. So, it's not hopeless at all.
Most people are skeptical of BCH, but if you look at the charts, BCH has outperformed BTC along with every asset above it on CMC. So far in the last week, BCH has pulled in 10%, whereas BTC has grown 9%. Although these are very close, it shows that BCH is a strong hedge in times of uncertainty and exuberance with BTC. There’s no better time than now to hedge against BTC, and the only option is with BCH.
BCH is the ultimate hedge for BTC. Forget ETH, LTC and XRP as a hedge because BCH has Bitcoin in its name, and that’s all that matters. If you’re ahead of the curve, you’d have already bought as much BCH as you can. BCH always pumps before a BTC pump or pumps after a BTC pump. This is a historical fact, and you can easily view charts to see how accurate this statement is.
BCH is better than BTC. This is the reason why BCH is going to take over BTC in the coming years. It’s obvious, BTC needs the added storage capacity for larger transactions and they aren’t even trying to do it. BCH on the other hand is actively searching and implementing key methods to increase transaction speeds, which is basically the whole point of crypto in the first place. BCH is also implementing privacy into their platform, so they’re even moving into a new nice market. Get ready to watch BCH pull what it did in 2017, a rapid 5x from here.
Everyone's a genius in hindsight, and the BCH pump really showed this fact. Jumping into BCH after its masive plummet should have been the first move all of us made. Instead, most of us watched from the sidelines and BCH nearly 2x'd of the last two days. It's always happened the same way, and its that BCH ALWAYS pumps after BTC makes a move. Historically, BCH either follows BTC or goes counter to it. Sometimes when BTC dumps, BCH pumps. This is an excellent hedge to always be a part of, and BCH being #4 on CMC is another huge reason to always be in on this coin. There's no excuses after what just happened.
The bitcoin cash hard fork was such a disaster for the entire Bcash community. Although using the DCA strategy has worked out great since the major crash, the community is still fairly separate. The community used to be really strong, and now there isn't the same flair as before. Bcash has a lot going for it, especially with increased blocksize and more private. The main issue here is what's next for the BCH community?
B Cash is still here. It's not going anywhere, just like BTC. BCash serves another purpose, and that is larger transactions and faster speeds. There is room for Bcash in the entire crypto ecosystem. It's important to remember that fortunes are built when others have given into fear.
It's good to see BCH (ABC) alive and well after the big SV debacle. I wonder what's in store for the BCH community now that the market is looking healthier. Buying here seems like a no-brainer considering its previous highs.
A great news and development for bitcoin cash holders and traders, the Coinbase can now safely store the token both offline and online which make its offline storage more safe and secure than the online storage since is less prone to hack or any other online attacks. Following the several Coinbase update in the last few days, users can now make use of their wallet to backup their data to both Apple iCloud and Good Drive. All these FA make things look promising and more secure for the future of crypto new adopters.
Many wonders while the cryptocurrencies suffers a significant set back since the beginning of last year. Well, this effect cut across so many things ranging from some personal selfish interest of many whales across the globe. Statistic shows that there are thousands of telegram pages where some people are fund in the habit of buy and dump. Aside this SEC and ETF as causes more harm than good for the space being a new invention. Bitcoin Cash which touched a thousand dollar plus as at late 2017 is on of the coin that will make a huge benefit as soon as all this major set backs are worked on
January 3, 2019, ten years later, let's bring all bitcoins into wallets that belong to us. See if everything is in place, see who fails and how the network works. We lose nothing, we risk nothing, those companies and exchanges that cannot be trusted will be exposed.
The long-term stagnation of the cryptocurrency market scares institutional investorsoff the industry. The interest of financial institutions in Bitcoin trading seems to be waning.
Bitcoin Cash is much less liquid compared to its older competitors. It is represented on just 92 exchanges and is trading in 199 pairs. In addition, Bitcoin Cash lags far behind Bitcoin and the ether in the degree of development activity.
Hardfork Bitcoin Cash was one of the factors that led to the recent decline in prices for digital currencies.
The Fed's interest rate decision has a direct correlation with the future bitcoin price dynamics. Rising interest rates cooled market speculation in 2018, and this applies not only to Bitcoin.
There is a fairly small chance of stopping the fall of Bitcoin to $1,500, as investors' desire to exit the asset has not stopped
For most of 2018, XRP was a very successful digital asset. Although it was also suffering from the fall of both Bitcoin and Ethereum, this seemed to be primarily a correction. In the end, XRP retained its value in BTC for most of the year, while all other assets and cryptocurrency underwent significant changes. Despite this, it seems that this trend is no longer enough to maintain a stable XRP price.
Cryptocurrencies have already entered our lives, as once it was with the same plastic cards. Will the market grow? Definitely yes. But next year, relying on the current economic situation in the world, you should not hope for explosive growth. For growth, volumes and new injections are needed, for which there are no prerequisites.
Bitcoin has repeatedly dropped sharply in price, and if you compare its schedule for 2018 with the figures for 2014, you can see that the industry is now in a similar situation, as it was four years ago.
the current bear market will become even worse for cryptocurrency funds and ICO projects. The situation will worsen much more before the white line comes. And that's fine. The bear market throws tourists out of the game, leaving only true entrepreneurs capable of creating sustainable value.
The use of Bitcoin Cash for commercial purposes has declined markedly. This year, the price of Bitcoin Cash fell by 75%, as bitcoin fell by 55%. The implementation of Bitcoin Cash is progressing slowly because of unequal distribution in the possession of this crypto currency - 56% of this digital currency is on 67 wallets that are not even present on exchangers. And only on the two largest purses are 100 and 10 thousand BCH. In spite of this, Bitcoin Cash remains the fourth by the capitalization of crypto currency.
Looking forward to the full launch of Bitcoin Cash Charts! Though BCH has been done for the past three month, I firmly believe it has a bright future. I think there in Bitmain they knew what they were doing when they increased their investments in Bitcoin Cash.
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