Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Bitcoin Forks => Bitcoin Forum => Bitcoin Cash Forum => Topic started by: sulphur007 on April 10, 2020, 07:56:33 PM
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Bitcoin cash was one of the marvels of the bitcoin bubble. It is a fork from bitcoin. A fork of a cryptocurrency takes place when someone, anyone declares that a blockchain is going to be transferred to a new set of rules and network infrastructure.
The blockchain is a public ownerless database information, mostly transaction data, and anyone can get a copy of it and load it into their own system. The new system, which is likely a hacked about about version of the original code running the established crypto, is the new fork, it could be called Clem coin, bitcoin dung, utrillium (actually not a bad name for a new coin) or whatever. The fork then takes on a life of its own.
There are a lot of cryptocurrencies that people tend to ignore too much and attachh less attention to. Investing in these cryptocurrencies would bring about maximum profits and also would bring less worries in the fluctuations of their prices as they have really stable prices. Cryptocurrencies like ripple,monero,dash,binance coin,bitcoin cash,bitcoin sv, litecoin,ethereum and so many more can be invested on the platform (www . forex #spam .io) where you get from 25% to 100% ROI on whatever is invested in 10 days. Thank me later.
Bitcoin cash was a fork brought into existence to scale bitcoin-style transactions by having bigger blocks. These bigger blocks can contain more transactions and therefore allow a lot more business to flow through the system. Bitcoin’s system can get congested and fees can skyrocket and the time it takes for coins to go from one person to another can rise steeply. The bitcoin cash fork was to create a new crypto coin mostly like bitcoin that would not suffer from this.
As a factor of the immaturity of the cryptocurrency industry nothing happens without an uproar and the launch of bitcoin cash was no exception. What happened next, however, was at the time unique.
As a fork of this kind takes another coin’s existing blockchain, all the owners of coins in the old chain get the same coin in the new coin. That meant that bitcoin owners automatically got coins in bitcoin cash. Most imagined this would be the same as a spinoff of a company. Companies spin out new listed companies all the time.
So image a stock, one that has a bank and an insurance company as its businesses. The company decides to fork itself into two companies. Shareholders will get new shares in a new company that has the bank injected in it and will keep the share in the old one. The share price falls in the old company as much as the new share trades at. That way no or little money is magicked out of thin air from the get go.
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Ofcource , Bitcoin cash is really a good currency for investment , I follow bitcoin cash for long time . Already I invest some money in Bitcoin cash , hopefully in future I got good profit from it .
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Bitcoin cash is still a good investment because it is offer the great technology and fast transaction also has a strong community and has top place in the crypto market.so many investors have trusted this coin much better.So I think Bitcoin cash best for long-term and short-term investments.
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Bitcoin is potential coin and has a best trade volume.so bitcoin cash is best coin to investment.hereby you can get best profitable in the future.
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I think Bitcoin cash is a good investment coin because bitcoin cash is a more advanced coin and has a strong team. In past may the Bitcoin halving was ended.so I think the halving will increase the price of Bitcoin cash. Also I hope the Bitcoin cash price will reach a good price in this year.
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Looking at the history of the formation of this coin, BCH is very worth investing. Especially if we see, the price of BCH is also not bad, the price is high and it is not easy to go down. I think this is the right investment choice coin for profit.
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Bitcoin cash is a good investment, I'm expecting it to surpass xrp market cap before the end of this year or probably Q1 2021
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Of course, Bitcoin cash is a very good investment in 2020, we should not miss this opportunity by not investing in BCH. The Bitcoin Cash price will follow the Bitcoin price movement, soon there will be a Bitcoin Bull Run, and for sure Bitcoin Cash will follow it. Invest now, don't be too late.
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Bitcoin cash is a good choice over the others altcoins. This fork had been proven itself in the market and its purpose is still usable.
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Actually there is doubt about the the potential of Bitcoin cash, it is a very good investment portfolio any time. BCH has the capacity to recover fast after a market bear and I think is a good to buy.
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In 2017, when this coin was created, it was received sharply negatively on the bitcointalks forum. Now I have not found a single negative review about her. Times change. The same may be true for BTC, but in the other direction.
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BCH is charting it's own course. The simple ledger protocol, spl, ecosystem is creating some very amazing solutions for building platforms similar to Ethereum styled ICO. And BCH fees are way lower than BTC.
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Ofcource , Bitcoin cash is really a good currency for investment , I follow bitcoin cash for long time . Already I invest some money in Bitcoin cash , hopefully in future I got good profit from it .
I think so. The future of bitcoin cash seems good. I think it is still profitable to invest now in Bitcoin Cash. Assuming the price of will pump to $1,000 from $310.99 at this moment. Enough profit for you.
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There's so much trading open it seems were on the tail of a logarithmic curve at this point for more trading and better access to trading/influencing demand
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American company Grayscale Investments on August 18, issued with the permission of the SEC, Bitcoin Cash shares (ticker BCHG) And in two days of trading they rose 351% higher than the value of real assets, it is more profitable to buy shares than Bitcoin Cash.
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I’m considering moving assets out of BCH for ETH. Just seems overall more stable with less talk of a split at every network upgrade. :(
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Bitcoin cash is a one of the best coins to invest because it has a huge potential coin. It has been good position in the crypto market for a longtime. The bitcoin cash price is very low now. If you invest bitcoin cash now you will get good profit in the future.
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As much as BCH is an established coin there are more and more competitive coins and tokens also the novelty of E-Currency is diminishing and BCH being one of the first pairs that Bitcoin was traded with has a long histrory but unless it keeps evolving it will become a faded memory
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I would say BCH should go to $500 at a minimum
Not sure what happens after that tho. We never broke $500 before, so it either corrects or consolidates or moons. lol
it'll prob depend on if we are truly entering alt season and what bitcoin price does
I'm going to make a wild prediction.
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Would never recommend it to anyone, as I have already lost my money because of those Bitcoin forks and they are now in critical condition, so investment in it would be a huge risk.
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Merry Christmas and Happy Holidays everyone!!!
There is a little bit of a good situation going on with BCH right now...
I think paypal removed xrp from their list of cryptos
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Bitcoin cash is a one of the best coins to invest because it has a huge potential coin. It has been good position in the crypto market for a longtime. The bitcoin cash price is very low now. If you invest bitcoin cash now you will get good profit in the future.
after fork, the BCH price looks more stable when compared to the time before the fork...
BCH is not very promising anymore, it's better to move your BCH assets to ETH, Dash, or LTC.
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BCH dropped below 400$
not a good sign, boy it isn't(they said)
it went from 230 to 600
obviously, a fell is possible after such a rise
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Bitcoin cash still a good investment coin because bitcoin cash is a trusted coin and It has a huge potential to give you good profit. The price of bitcoin cash is low now. So you can buy this coin. I believe it will grow more than ATH in this year.
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Not just in 2020. The name of the coin suitable for investment in 2021 is Bitcoin Cash. Bitcoin Cash has a lot of potential to increase in value. Because the price of Bitcoin has increased a lot. So the price of Bitcoin Cash is likely to increase. It is natural that the price of Bitcoin gas will increase with the increase in the price of Bitcoin. But a lot of time is needed.
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BCH started the year 2021 with the trading price of $340.56. It might reach $1055 by the end of 2021. Overall, the majority of crypto markets seem to be in a good place right now. It might be a profitable investment for the future if you plan to invest. It might touch the $2560 mark in the future.
Source: CoinPedia
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We have just seen the price of BCH creating a new ATH in 2021, this proves that this coin is still very feasible to invest in even though currently a lot of new coins have emerged from the DeFi and Nft projects. BCH is still a favorite of old investors, because they have seen a pretty good history of BCH.
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Bitcoin cash is not only good on the 2020 investment list. Bitcoin Cash has the most potential for 2021 and 2022. Bitcoin cash is one of the most important in the digital ecosystem. I think the ecosystem justifies this transaction. As investors' demand for transactions continues to grow, So investing in Bitcoin Cash is much more profitable. So in 2022 it will bounce up and rise to the top.