Any Views On New Emerging Bitcoin Cash (BCH) !!!!!

[SatyamS]

COINDESK BTC
https://www.coindesk.com/coindesk-explainer-bitcoin-cash-forking-blockchain/

Bitcoin MagazineBTC
https://bitcoinmagazine.com/articles/future-bitcoin-cash-interview-bitcoin-abc-lead-developer-amaury-s%C3%A9chet/

Bitcoin.comBTC
https://news.bitcoin.com/what-every-bitcoiner-should-know-about-bitcoin-cash/

[1713498149]

1713498149

[newIndia]

Bitcoin Cash is abbreviated as BCC, not BCH.

[Lutpin]

Bitcoin Cash is abbreviated as BCC, not BCH.

BCH is used by a few people too,
eg Kraken (possibly to avoid confusion with BCC/Bitcoinconnect, although they are known to use alternative tickers like XBT).

[newIndia]

Bitcoin Cash is abbreviated as BCC, not BCH.

BCH is used by a few people too,
eg Kraken (possibly to avoid confusion with BCC/Bitcoinconnect, although they are known to use alternative tickers like XBT).

Bitcoinconnect uses XBT? But, XBT is used for Bitcoin!

http://www.xe.com/currencyconverter/convert/?Amount=1&From=XBT&To=INR

[SatyamS]

Bitcoin Cash is abbreviated as BCC, not BCH.

Both abbreviations are being used !!

https://ibb.co/etyRs5

[iram3130]

Bitcoin Cash is abbreviated as BCC, not BCH.

Both abbreviations are being used !!

When 80+% people are supporting bitcoin then I don't think there will be any legitimacy to Bitcoin Cash. People right now are interest because it's free money.

[hubballi]

Bitcoin Cash is abbreviated as BCC, not BCH.

Both abbreviations are being used !!

When 80+% people are supporting bitcoin then I don't think there will be any legitimacy to Bitcoin Cash. People right now are interest because it's free money.

What you said is perfect most of them are only believing on bitcoin but who ever knows about this August 1st issue is just waiting for the free coin.

[Solutionbenedicts]

The present status of BCH/BCC looks superficially strong being in the top 5 currency in the market cap.. Number 4 on bitfinex, one of the very few exchanges offering a market to this crypto coin.
 
But the fact being its extremely low liquidity due to users outside the exchanges unable to access to it makes it a herculean task to sell.

So essentially, people are in a wait to get access to their bch amounts and dispose it away as its estimated to be overvalued...

This will cause more depreciation in its value..

[lordquanta]

Bitcoin cash is having problem of liquidity as few of the exchanges are allowing trading(and liquidity). It is relatively new thus there is quite good chance of pump and dump. This happened already once with bcc.

[Somz1]

Its just another altcoin,miners chasing profits will benefit for a few months but then again it doesn't have any potential for growth once segwit,lightning etc comes into party on btc

[BlueStone]

Its just another altcoin,miners chasing profits will benefit for a few months but then again it doesn't have any potential for growth once segwit,lightning etc comes into party on btc

Quite true but don't forget supply for BCH is very limited (less than BTC supply as more than 3-4 million BTC already lost forever so BCH also lost with them), if BCH somehow increase up to $1200 or more then many miners will switch their hashing power which results more price increase and BCH may become strong competitor for BTC

[Kewl]

Miners will dump their coin on you guys.
https://twitter.com/oleganza/status/899727482634461185

[Somz1]

Miners will dump their coin on you guys.
https://twitter.com/oleganza/status/899727482634461185

Exactly my point,the difficulty adjustment is being abused by the miners.
Of course this gives more profits to those miners in short term,but BCH itself is without any potential and will soon die out