The rise of BCH

[pixie85]

BCH acts like BTC. The coin doesn't have any real world use so it simply mimics Bitcoin's moves with a slight difference. Its lack of trust and recognition compared to BTC makes it always dump harder.

If BTC goes down 10% you can expect 12% loss on BCH at the same time. Knowing this why not simply by the real deal? You want to play arond, buy some cheap altcoin and hope for a pump. You want the safest investment - choose BTC. Coins like BCH, BSV, and since 2018 LTC are a waste of money.

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[Mahdirakib]

Personally I don't like BCH anymore. I have lost my interest in bitcoin cash while it had hard fork and created bitcoin sv. Though bch still showing good position at marketcap. But most of the crypto user thinks that it's a dead coin and bch will loss it's value slowly. I have read the news, if bch rise up quickly for their large investment plan, I think it will fall back sooner then. Cause most of the investor will take the advantage and won't hold their coin for long term in bch.

[mu_enrico]

Yep, BCH lacks "reasons to use." Why do you want to use BCH instead of, let's say, cheap and instant coins like XRP, DOGE, and LTC? Plus, there is no token thing unlike TRX, EOS, ETH, and many more. It's unbelievable actually when a coin like LTC or DOGE still exists and has a relatively high price. I still think these coins have no future though.

[nutildah]

BCH reached another all-time low against BTC today; now 1 BCH = 0.02 BTC.

I remember in early 2017 before BCH was born and "the sky was the limit" for a big block version of bitcoin, there was a dude who kept egging on Roger Ver to trade him his BTCs for the dude's BCH's at a 1:1 rate. It looked like the deal was going to happen, but then the dude (a huge whale) mysteriously disappeared and never returned to the forum.

https://www.reddit.com/r/Bitcoin/comments/60ozkh/rogerver_lets_make_a_deal_1_for_1_trade_at_least/

bitcoin-cli signmessage 19Mz2o9RDABT74SA9njZqMtJXKEzj2qUoH '@RogerVer lets make a deal, 1 for 1 trade. At least 60k, possibly up to 130k, my BTU for your BTC.'
H9ed6z5RgdThRxXXqePmtJbaK1pGvoy6e+aiwUPD6pkrJ6d6TBchOu5OQLEbgq/15YRjcOUC+kMrGVfszUXV5Wc=

They called it "Bitcoin Unlimited" (BTU) for several months before the fork; it was renamed as "Bitcoin Cash" closer to the date of the fork. He should have gone through with it -- could have doubled his net worth.

In this transaction you can see he split his 80,000 BTC stash, moving 40,000 BTC while paying a fee of zero. What an absolute chad.