BCH breaks it's long term resistance

Evilish

hero member

Activity: 882

Merit: 563

Bitcoin to the moon!

BCash is a dead horse. You need to look at it in terms of BTC price and not USD price to see the bigger picture.

Here's a snip from BCH/BTC pair chart on CoinMarketCap.

BCash is an ever declining asset, while it might give you some profit in short term, it's not a good investment for long term, and let's be realistic here, almost every other alt coin has had a similar level of increase if not more in past couple weeks, why would BCH not.

BCH died the moment Roger Ver and his team dug their own grave by claiming that BCH is the real BTC, and to top it off they led the efforts to mislead newbies into purchasing/using BCash on Bitcoin.com wallet by claiming it's Bitcoin.

Jawhead999

legendary

Activity: 1862

Merit: 1209

Quote from: Winscosinally on February 14, 2021, 04:46:35 AM

many hated this project for different reasons, probably because it's BTC fork? But this project is just better than many altcoins out there, if BCH is that bad I wonder what it's doing on top 10 position anyway

Quote from: FireBallex on February 14, 2021, 08:27:51 AM

BitcoinCash is a good project but people don't like it because it's trying to compete with bitcoin or even claiming to be better

BCH was created by Roger Ver and he also owning bitcoin(dot)com sites. For many people is still think BCH is good project, why Roger Ver want to mislead many newbies by change Bitcoin to Bitcoin core and Bitcoin Cash to Bitcoin? That's clear scam attempt.

Quote from: ?? on ??

FireBallex

member

Activity: 462

Merit: 19

BitcoinCash is a good project but people don't like it because it's trying to compete with bitcoin or even claiming to be better but it's more fit for payment solution if you compare their utilities side by side, also it's well used for payment solution in some Asian part of the world, I never underestimate the coin in any way

Winscosinally

member

Activity: 490

Merit: 16

Patience sometimes looks hopeless, I don't blame anyone for that, I knew many already sold their BCH bag thinking it's way below it's ATH but are you watching the market lately? BCH is now 700+, you still think that 1000$ is impossible? I don't think so, many hated this project for different reasons, probably because it's BTC fork? But this project is just better than many altcoins out there, if BCH is that bad I wonder what it's doing on top 10 position anyway, I feel excited about what's coming

Topic: BCH breaks it's long term resistance (Read 45 times)