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Author Topic: The rise of BCH  (Read 261 times)
Kunnu
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October 16, 2020, 04:59:43 PM
 #21

Bch is well established in the market which is absolutely a strong point for this coin and it looks capable enough to achieve decent progress in near future currently bch has maintained its rank between top 10 altcoins which indicates its capability I may not predict that how much it will rise but hopefully things may go in a positive way for bch
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October 16, 2020, 05:48:32 PM
 #22

How about investing in Bitcoin cash? I came through an article and it's performance is amazing from couple of months, and I would suggest everyone to have a look on this as BCH is all set to become the new rockstar of the market and yes grayscale investors have released the profit results of this last quarter as well, guys even now there is a lot of time left to us for investment. think and plan accordingly.

https://news.bitcoin.com/grayscale-1-billion-crypto-bitcoin-cash/

Wow, the report has it that Greyscale recoreded a 1400% inflow from three product in third quarters of this year. This is already a signal of an increasing performance because this report will attract more investors.

the report also has it that, Litecoin is due to be listed on the Security and Exchange commission. This shows a positive trend for the three product in Greyscale portfolio.

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October 17, 2020, 06:07:47 AM
 #23

Bch is well established in the market which is absolutely a strong point for this coin and it looks capable enough to achieve decent progress in near future currently bch has maintained its rank between top 10 altcoins which indicates its capability I may not predict that how much it will rise but hopefully things may go in a positive way for bch
I have never invested in Bitcoin cash but I never sold the coins I got with my Bitcoins holdings way back and I always keep them locked with a goal in mind that if they ever become near to bitcoin's value I will actually sell them.

I don't know but I always liked Bitcoin cash for the simple reason that I got them for free and when I got them I was very excited but the I kept holding them and even today I hold almost all the coins I got initially. I am not expecting something mammoth but if they get to a big value next year I will think of selling some because yes BCH did well and always managed it's rank among top coins but I don't see much reasons for a giant growth anytime soon.

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October 17, 2020, 06:28:34 AM
 #24

wow lol

Didn't know that Grayscale are into BCH
TBH i am not really firm with BCH in the long run

Perhaps i am biased, but i feel BCH will eventually get faded because if there's Bitcoin, we don't need BCH tbh
Just like Why needed ETC when we have ETH
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October 17, 2020, 07:59:32 PM
 #25

based on the market, BCH is indeed quite good, especially when everyone is focused on BTC and Eth, plus the presence of new entrants in which crypto is in an ideal position to be an investment platform.
it is possible that Bch could experience an increase in inflows by far more than 1,400% quarter-on-quarter.

Bitcoin Cash even more volatile than Bitcoin, and it will be extremely difficult to foresee its growth or the fall (I mean within g 3-6 months at least). Thus, I will simply hold it in my actives, and trade if I simply see the deal is currently beneficial and can bring me profits.
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October 18, 2020, 03:14:38 AM
 #26

I'm yet to understand how bitcoin cash became the shadow of herself. The value of Bitcoin cash was once very impressive, especially the period after it was forked out of Bitcoin. Most millionaires emerged as bitcoin cash was earned based on the bitcoin one holds. It would be great to see bitcoin cash rise again, even though it may be quite difficult now.
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October 18, 2020, 04:56:28 AM
 #27

Bitcoin Cash is a pretty good coin and I appreciate BCH and its development team. In the current situation BCH is having some troubles and its price is not as expected, but it is still a worthwhile investment.
just look at the way the coins has been losing ground to BTC, BTC has outperform all the Bitcoin forks these year and all these forks shows no sign of strength
I don't think there is any coin that can challenge bitcoin including BCH. Bitcoin is the king of the crypto market and all altcoins are dependent on bitcoin.


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October 18, 2020, 07:31:07 AM
 #28

Bitcoin Cash is, of course, a very popular cryptocurrency and it is clear that Bitcoin Cash developers are trying very hard on an ongoing basis to attract as many partners and investors as possible to their cryptocurrency, so of course we should expect that price of Bitcoin Cash will rise in future, and only 21 million Bitcoin Cash are available, this already suggests that price will rise at a certain time.
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October 18, 2020, 01:51:08 PM
 #29

Perhaps i am biased, but i feel BCH will eventually get faded because if there's Bitcoin, we don't need BCH tbh
Just like Why needed ETC when we have ETH
You cannot compare ETC and BCH as they both evolved in entirely different circumstances, the fork in BTCitcoin happened because there was a difference in opinion when it comes to scaling and ETC came into existence because it was a hard fork when there was a major hack without taking everyone's opinion into account and hence we have two chains.

I sold my BCH when the price was around $600 if i am not wrong and when i saw the market going down i took my opportunity to profit from the free coins and i still hold a few coins and if it goes higher i will be happy to book my profit, ultimately it all depends upon how they are able to attract the investors and lets see how it will fair when the market goes up.
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October 18, 2020, 02:13:28 PM
 #30

The recent rise in price of BCH is also attributed to a fork of this coin on around November 15. A large group of developers and supporters of Bitcoincash led by lead developer Amaury Sechet are creating a new coin from existing bitcoincash blockchain differing in the ideas that's been guiding bitcoincash.
Many users believe holding the Bitcoincash would have a good profit of getting both coins, just like the way when the Bitcoin SV forked.



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October 18, 2020, 04:13:14 PM
 #31

The recent rise in price of BCH is also attributed to a fork of this coin on around November 15. A large group of developers and supporters of Bitcoincash led by lead developer Amaury Sechet are creating a new coin from existing bitcoincash blockchain differing in the ideas that's been guiding bitcoincash.
Many users believe holding the Bitcoincash would have a good profit of getting both coins, just like the way when the Bitcoin SV forked.
based on previous fork , holding bitcoin cash will give holder good profits. but we must becarefull if snapshot already done, usually price will dumped hard due certainity holder get new coin. maybe buying coins that will hardfork will be profitable strategy for us , as long as this coins was active in developting product.
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October 18, 2020, 04:52:07 PM
 #32

The recent rise in price of BCH is also attributed to a fork of this coin on around November 15. A large group of developers and supporters of Bitcoincash led by lead developer Amaury Sechet are creating a new coin from existing bitcoincash blockchain differing in the ideas that's been guiding bitcoincash.
Many users believe holding the Bitcoincash would have a good profit of getting both coins, just like the way when the Bitcoin SV forked.
based on previous fork , holding bitcoin cash will give holder good profits. but we must becarefull if snapshot already done, usually price will dumped hard due certainity holder get new coin. maybe buying coins that will hardfork will be profitable strategy for us , as long as this coins was active in developting product.
indeed from this case it will provide a very high risk because no one can guarantee that after the fork will increase to be expensive or not because the conditions where the cryptocurrency is currently not good so it will be very difficult to increase the price, and maybe it has no investors are interested in BCH anymore.

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October 18, 2020, 07:15:13 PM
 #33

The rise of BCH

I dont see BCH competing well against their main competitors. TC, Doge, DASH, BSV, ... Their number of transactions are not grooving well. They should also have a new chain split in near future. I expected much more -3 years ago from BCH. They are big disappointment. Lets hope they will pull together and start doing it right way.
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October 18, 2020, 10:12:37 PM
 #34

there is no important development in Bitcoin Cash, Bitcoin Cash is just a clone of Bitcoin,
it is not special, but the price will usually follow the direction of the mother, if Bitcoin goes up, then BCH will follow the increase.
I do not recommend investing in Bitcoin Cash.

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October 19, 2020, 09:38:06 AM
 #35

IMO, people will see what they want to see and that has always been a thing in crypto world, they will shill whatever they want to buy and they want to hear "yes you are very right and we will all make money thanks to you, what a great analysis" and that's it, unfortunately they are rarely ever right. Bitcoin cash was 225 dollars 3 months ago and today it is around 250 dollars, that is the only increase it had, nothing too shocking, it is obviously not a loss but not a profit to be happy about neither.

For example BNB was 17 dollars, now it is 30 dollars, much much bigger increase, ethereum went under 400 dollars and reached as low as 235 dollars or so, today it is 373 dollars back again, or bitcoin was around 9k 3 months ago and today it is over 11k. Basically there is nothing good about investing into BCH at all.

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October 19, 2020, 10:50:46 AM
 #36

BCH was the first forked coin I got and that too after months of it coming to the market because I did not knew about forks and how they happen but when I saw the process, I claimed my coins. Since that day I have never used BCH for any purpose apart from gambling Grin because it does not offer something great or different so it was like some free coins I got and I gambled them away.

Now after long time I see BCH doing good and I have bought small amount of coins in hope that the future will be bright and I hope I never wasted BCH like I did when I got them for free.

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October 19, 2020, 02:32:58 PM
 #37

I'm not sure about Bitcoin Cash, only 5% I invested there. and I didn't find the best news to convince myself to invest more there.

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October 19, 2020, 02:41:28 PM
 #38

There is a lot of debate about BCH, like it or not, but it all depends on who of us believes, when the bitcoin fork gave birth to BCH there was little doubt, but over time BCH started to be trusted, because I kept it for investment

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October 19, 2020, 03:18:02 PM
 #39

I don't think this is the right time to invest in BCH. I invested some of my money in BCH and I lost some money. The value of BCH is going up and down now.  As much as it rises in 1 week, it goes down in one day. But I am optimistic about BCH. Maybe one day it will bring me some profit.
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October 19, 2020, 04:45:39 PM
 #40

investing in Bitcoin Cash for the long term is a risky act, Bitcoin cash is only a shadow, and the shadow will disappear if there is no light,
the light for Bitcoin Cash is Bitcoin, and still the shadow of bitcoin, they have nothing special, Unlike Ethereum, Neo or Waves,
these altcoins still have something special, are strong developers and communities. if you investing di BCH i dont recomend, but if you trade i recomend.

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