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Topic: Bitcoin Cash what are your thoughts? - page 2. (Read 1733 times)

jr. member
Activity: 134
Merit: 1
October 02, 2020, 06:38:16 AM
Many users say that BCH is not a good coin for several reasons including the fork of real bitcoin. but for me personally it doesn't matter whether BCH is shitcoin or not, because if I can profit from it then I will see it. investing is taking profit. so focus on the profits. if feasible then use, if not then leave.
legendary
Activity: 3276
Merit: 2442
September 26, 2020, 10:42:55 AM
I don't hold any BCH but if I had I'd hope you guys pump it enough so I can unload my bags at a premium.
The developers work hard for the end users to make sure profit from the chain split. It is foolish not to notice this. After the hard fork, you can transfer your assets back from BCH/BCHN to BTC

But first you have to buy BCH, right? Isn't that what you all bagholders, including Roger of course, are hoping for?

I can tell you how this "profit" will look like.
In september 2018 before the BSV fork BCH was trading for 420 USD. Then it pumped to 630 USD right before the fork and dumped to 80USD in December.

Volatility-wise Bitcoin is no different. It went to 20k from 200 bucks, then went down to 3k and 10k again.

The main difference would be that bsv and bch may never recover from those low prices.

They probably will though if btc goes to another bull.
jr. member
Activity: 230
Merit: 1
September 26, 2020, 04:40:11 AM
I personally won't call bitcoin cash a shitcoin, though the project has dwindled over the years. I remember bitcoin cash was once one of the most popular coin in the cryptocurrency space and its value was far higher than ethereum, but now that's not the case.
member
Activity: 344
Merit: 11
September 26, 2020, 04:20:39 AM
Bitcoin Cash was Bitcoin's first fork but its value cannot reach higher levels than Bitcoin in the future.
The first reason is that the miners don't focus on it much. Next are the users and companies that do not support Bitcoin Cash like Bitcoin.
sr. member
Activity: 1400
Merit: 251
Trident Protocol | Simple «buy-hold-earn» system!
September 26, 2020, 02:37:17 AM
i agree, BCH smart contract feature is not widely used until now,
but it could pump when we see first token has increasing value on BCH blockchain.
Yes, the influence of the pump that occurs in the BCH token is also inseparable from the Bitcoin pump in general, because BCH itself was born from the original Bitcoin, so the two still have an almost similar relationship.
member
Activity: 320
Merit: 18
September 26, 2020, 01:44:51 AM
Bitcoin Cash is almost the same as BTC but offers lower transaction speeds and fees. but is considered more centralized than Bitcoin. because currently a quarter of the Bitcoin Cash hash rate is controlled by one mining pool, and the top three groups control the 55% hash rate.
even though BCH has a smart contract feature, so  if this could be developed then BCH would no longer be shitcoin

i agree, BCH smart contract feature is not widely used until now,
but it could pump when we see first token has increasing value on BCH blockchain.
newbie
Activity: 48
Merit: 0
September 25, 2020, 06:51:40 PM
In september 2018 before the BSV fork BCH was trading for 420 USD. Then it pumped to 630 USD right before the fork and dumped to 80USD in December.
There was a different situation. Now after the hard fork, all sides will win because the rate of splitted coins will only grow
full member
Activity: 649
Merit: 100
September 25, 2020, 05:46:12 PM
Bitcoin Cash is almost the same as BTC but offers lower transaction speeds and fees. but is considered more centralized than Bitcoin. because currently a quarter of the Bitcoin Cash hash rate is controlled by one mining pool, and the top three groups control the 55% hash rate.
even though BCH has a smart contract feature, so  if this could be developed then BCH would no longer be shitcoin
hero member
Activity: 2184
Merit: 531
September 25, 2020, 04:26:25 PM
I don't hold any BCH but if I had I'd hope you guys pump it enough so I can unload my bags at a premium.
The developers work hard for the end users to make sure profit from the chain split. It is foolish not to notice this. After the hard fork, you can transfer your assets back from BCH/BCHN to BTC

But first you have to buy BCH, right? Isn't that what you all bagholders, including Roger of course, are hoping for?

I can tell you how this "profit" will look like.
In september 2018 before the BSV fork BCH was trading for 420 USD. Then it pumped to 630 USD right before the fork and dumped to 80USD in December.
newbie
Activity: 48
Merit: 0
September 25, 2020, 03:54:45 PM
I don't hold any BCH but if I had I'd hope you guys pump it enough so I can unload my bags at a premium.
The developers work hard for the end users to make sure profit from the chain split. It is foolish not to notice this. After the hard fork, you can transfer your assets back from BCH/BCHN to BTC
hero member
Activity: 2184
Merit: 531
September 25, 2020, 03:08:58 PM
BCH is a fork of bitcoin , It used to be popular in 2018 , but seems like lost some of its popularity, If you want to buy that you better buy bitcoin , coz it just follows its chart , and there are much better coins than that in the market these days.
Who cares about bitcoin? Hardfork is coming. BCH will make everyone rich at 15th Nov 2020. Don't miss your success

Like it made everyone who bought it in 2017 rich? Cheesy

Maybe like it made everyone who bought it prior to BSV fork rich?

I don't hold any BCH but if I had I'd hope you guys pump it enough so I can unload my bags at a premium.
newbie
Activity: 48
Merit: 0
September 25, 2020, 03:01:50 PM
For me,there is no good coin or shit coin,only profitable coin or unprofitable coin,such as BCH,due to i dont hold it or invest in it,obviously,it is unprofitable for me.If you have to use word ''good,shit'',then my opinion is,profitable equate to good,unprofitable equate to shit,and my answer is as plain as the nose on your face,BCH  is shitcoin.
The price of BCH can skyrocket several times after a hard fork. Don't be a fool
full member
Activity: 243
Merit: 100
September 25, 2020, 01:44:40 PM
For me,there is no good coin or shit coin,only profitable coin or unprofitable coin,such as BCH,due to i dont hold it or invest in it,obviously,it is unprofitable for me.If you have to use word ''good,shit'',then my opinion is,profitable equate to good,unprofitable equate to shit,and my answer is as plain as the nose on your face,BCH  is shitcoin.
sr. member
Activity: 1666
Merit: 276
Vave.com - Crypto Casino
September 25, 2020, 12:32:09 PM
During the splitting as a new chain there is a big expectation on the bitcoin cash. By the time there was a big controversy, which is the true bitcoin. Believing in it more number of experts supported bitcoin cash, while majority stood on the side of bitcoin. For all those invested during its early days made a big profit out of it, particularly during the bullish trend.
sr. member
Activity: 600
Merit: 256
September 25, 2020, 12:06:18 PM
What is the difference between Bitcoin and Bitcoin Cash? IMO, the only difference is that BCH is having a larger block size and this means that the transaction fee is low. Apart from that everything else is very similar. The algorithm is the same, and the mining mechanism is the same. Even the Blockchain is identical, until mid-2017.
jr. member
Activity: 296
Merit: 1
September 25, 2020, 08:38:49 AM
I think the person behind BCH has a big position in the bitcoin and crypto sector but his decision to make a bitcoin fork and then claim it as real bitcoin was not wise. People know what's real and what is a fork so I think the only thing keeping BCH on the market is the influence of Roger ver.
member
Activity: 228
Merit: 10
September 25, 2020, 08:33:08 AM
Been holding my Bitcoincash for quite a while. Hoping that its price will go up. But for a long time, it didn't happen. I think they have a strong team but eventually disagree with each other on how to run the platform causing its fork. I see also that they have much support from institutions but I am confused about why its price still does not go up.
newbie
Activity: 48
Merit: 0
September 25, 2020, 01:55:28 AM
I see a lot of people talking about BCH, a lot of adopter and also a lot of people that don't like and some that says it's a scam.
And you? what is your opinion about it? A good coin? a shitcoin?
Bitcoin Cash - one of the most undervalued cryptocurrencies! The price is still profitable for investing
sr. member
Activity: 1344
Merit: 250
September 24, 2020, 10:49:25 PM
I see a lot of people talking about BCH, a lot of adopter and also a lot of people that don't like and some that says it's a scam.
And you? what is your opinion about it? A good coin? a shitcoin?
bitcoin cash indeed to this day there is no price increase significantly the price is still low I think the BCH has been left behind by their investors because many are stuck loss of their assets certainly the whale prefers to sell their assets and leave the BCH because most people already assume that BCH shitcoin like a coin of little value.
member
Activity: 1540
Merit: 22
September 24, 2020, 09:57:18 PM
In my opinion, Bitcoin Cash is possible to guarantee a good investment in the future by looking at Infrastructure Development, technology, and the main flow adoption.

It is also recommended to do your own research so you don't choose the wrong choice because as we know the cryptocurrency market is very speculative and volatile about prices and can change at any time.
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