Topic: Bitcoin Cash what are your thoughts? - page 5. (Read 1711 times)

Bitcoin Cash (BCH) is the result of Hardfork Bitcoin launched in August 2017 where BCH has placed its position in order to simplify the process of entering a list of top 5 cryptocurrency transactions and being registered on Coinbase.

That mean, If a transaction process easier  from  this coin can make it to be strong magnetic field.  So that many sellers start accepting it as a means of payment.

If we look at profits I think That ETH is a good option too, BCH and ETH have more markets and trading pairs, and the price is more variable than most os the cryptos right now.

BCH is not the best investment option, but this is the only coin that helps me to make the most profit from this market. In fact, the price of BCH will depend a lot on Bitcoin because if Bitcoin stays still, all altcoins in this market will tend to decrease more. The value of BCH may not be comparable to that of ATH, but someday the price of BCH will rise soon.

Bitcoin Cash is a sound money to the world, fulfilling the original promise of Bitcoin as "Peer-to-Peer Electronic Cash". in which Merchants and users are empowered with low fees and reliable confirmations. The future shines brightly with unrestricted growth, global adoption, permissionless innovation, and decentralized development.

All Bitcoin holders as of block 478558 are also owners of Bitcoin Cash.

In the beginning, BCH had an amazing price, but the depreciation on BCH with time it's a lot of times higher than BTC, ATH of BCH was 3.7K when BTC was 19k. almost 20% of the BTC price, and now we have BTC at 8k and bCH at 200$, not even 5% of BTC value.

Bitcoincash is indeed a promising altcoin that is able to invite traders and investors to invest in it because it can provide benefits with the high trading volume available. bitcoincash is a bitcoin fork so its value will always fluctuate like the king of cryptocurrency (Bitcoin), but the position of bitcoincash is only the ranks of altcoin like other top altcoins

because it is a part of large coins in the market, the movement of BCH is also affected by the price of BTC. whereas right now I think bitcoin is in good shape. it makes BCH also in the same position. Moreover, I think the BCH market is big enough and they can last until now.

I think BCH is a pretty good currency for us to care about. Although the Bitcoin Cash platform has some minor changes. However, these changes will be the stepping stone for a race against Bitcoin later:
-Increase block size limit
-Provide replay protection and wipeout protection, this makes the Bitcoin and Bitcoin Cash chains completely independent in all aspects.
-Adjust the Proof-Of-Work difficulty in Bitcoin Cash faster than Bitcoin
-New transaction signature
Finally, BCH's transaction fees are cheaper than Bitcoin.

A rise in price?
Oh! That was some days ago. It is now plunging, although with very little fluctuation. I am still quite impressed with BCH, even though, it has not gotten to where some thought it should be. I think the last bear market generally affected most coins, BCH inclusive and ost of them are still struggling to rise up. In my opinion, BCH is still trading at a reasonable price, which is better than lots of Bitcoin forks.

We cannot ignore Bitcoincash anymore, they are on top of their games right now, they are the 5th top coins in the market and had a good potential to even rank up, with a huge community, high volume and liquidity, it's worth adding to your portfolio of course it cannot please everybody, but we are talking about potential here in the market.

i think bitcoin cash was the best fork coin from bitcoin , altought all fork coin mostly are trash , but it still have support and the volume still good for me

If you were hearing all of the promises that already published by the bch dev and it looks so very promising but the fact will be different consider about it has no real value.
These days people understand about bitcoin is the only coin that must have promised the more value.
It's not just only FOMO but real adoption.

Out of the top 10 coins in the market bitcoin cash is by far the most volatile coin in that group, and that is never a good thing if you're trying to use the coin as a store of value, I recognize that you can get incredible profits with it, but most likely you're going to suffer tremendous losses because one day you are going to wake up and find out that the coin lost 20% or 30% in a single day, so I do not like bitcoin cash as an investment either because it's movements are too abrupt and almost no one can react to them in time.

I wouldn't say that Bitcoin Cash is a "shitcoin" since it's being actively developed and maintained by the community. There's an ecosystem of apps and services on the BCH blockchain, than there is on other altcoins today. While we cannot deny that Bitcoin Cash is much more centralized than the original Bitcoin (BTC), it has managed to do well since its inception. Even after the "BCH Hash Wars", the alternative Bitcoin blockchain has remained alive and actively supported by people in the mainstream world.

Depending on your point of view, you'd take BCH or BTC as your cryptocurrency of choice. As far as I know, both cryptocurrencies will be able to achieve scalability for massive payments worldwide. But their approach to this is entirely different from one another. If you like the concept of using a second-layer for instant and cheap micropayments, then Bitcoin (BTC) and the Lightning Network are for you. If you want true decentralization/censorship-resistance (which means complete control over your money), then Bitcoin (BTC) is for you. But if you want fast and cheap transactions on-chain without ever having to use a separate layer (convenience/ease-of-use), then Bitcoin Cash (BCH) is for you. What I can tell you is that both cryptocurrencies have done a great job in making the Blockchain industry a better place. It's not about Bitcoin or crypto, but rather how useful Blockchain technology is for the mainstream world. Thanks to BCH, the original Bitcoin blockchain (BTC) can take its own separate ways for scaling. The bloat will be reduced as more Blockchain networks (cryptocurrencies) come into play. As long as Bitcoin Cash is actively developed and maintained by its community, has real use cases for the mainstream world, and a large ecosystem of apps and services, it's to be considered a quality cryptocurrency just like Bitcoin or Ethereum.

Nonetheless, I'd like to suggest that you invest 50/50 into both Bitcoin and Bitcoin Cash for the long term. If you had Bitcoin (BTC) prior to August 2017, you should have the same equal amount of coins on the Bitcoin Cash (BCH) blockchain. With an investment on both chains, you can leverage the advantages of decentralization and convenience altogether. The decision will ultimately lie in yourself. You can either buy and "hodl" one of the coins or both of them for peace of mind. Don't let anyone influence you to make a bad decision in the long run. Always do your own research in order to determine what's best for your money. If you do this, you'll be successful in all of your crypto ventures. Just my thoughts

I do not like Bitcoin Cash due to its agressive marketing, Roger Ver claims that it is the real Bitcoin. Then came Craig Wright and claims that Bitcoin SV that is real Bitcoin. So which Bitcoin is the real one? 

I will take it in a different way and i will say that it is perhaps the best fork of bitcoin that is available in the market both regarding market price, volume and adoption. While there are almost dozen other forks that fo not even come close but yes i do not like Reger Ver's claims of bch being the real bitcoin that is absolutely not acceptable, hope he grows up and never repeat this mistake again.

I love reasoning that something is not a scam because it has high market cap.  It doesn´t make any sense at all, look at OneCoin, it was one of the biggest unofficial cryptocurrency... As you can see higher market cap is a result tha investors believe more and investi more into the coin, but it doesn not mean that it can´t be a scam. 

I think that Bitcoin Cash is a very promising coin when we consider its price at the level of 250-300 dollars. I will definitely buy it at such a low price. But you do not need to buy cryptocurrency with credit money.

Basically all Altcoin is always competing for the sake of being in a good place so that it is liked by many people, and maybe now the moment is already so visible because Bitcoin itself has begun to rise in price slowly.

but for this upcoming event bitcoin is not having a hardfork, bitcoin has a halving which aims to increase the difficulty of mining when they want to break blocks that can produce bitcoin so that mining will have difficulty getting bitcoin and automatic when that happens then the price of bitcoin goes up and all cryptocurrency will rise due to the influence of rising bitcoin prices.