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Author Topic: Bitcoin Cash (BCH) Price Prediction  (Read 169 times)
Abiky (OP)
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June 04, 2021, 06:00:53 PM
 #1

Bitcoin Cash is often touted as the scalable version of the original Bitcoin blockchain. With a block size of 32MB, BCH can handle 32x more transactions per second than Bitcoin itself. It's more suitable as digital cash than a store of value. Kim Dotcom has been a loyal supporter of Bitcoin Cash over the past days, and other public figures might follow soon as they recognize BCH's benefits over BTC for day-to-day payments.

As the time of this writing, Bitcoin Cash (BCH) hovers between the $650 - $670 range. It went past $1k some time ago, due to the bullish crypto market. With the same limited supply as Bitcoin (BTC), Bitcoin Cash (BCH) has all it takes to become an extremely valuable cryptocurrency in the future. I'd predict that BCH would reach well above $5k per coin within the next 2-3 years. That is if crypto/Blockchain tech continues to rise in popularity worldwide. Current price per coin might be a bargain as the best is yet to come.

What is your price prediction for Bitcoin Cash? Are you in it for the short-term or long-term? Do you think BCH will become the fourth-largest cryptocurrency by market cap in the future? Your input will be greatly appreciated. Thanks. Smiley

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Tytanowy Janusz
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June 05, 2021, 11:37:22 AM
Last edit: June 05, 2021, 04:53:49 PM by Tytanowy Janusz
 #2

What is your price prediction for Bitcoin Cash?

close to 0$.

Who needs "a little faster BTC" if we have instant TRON, BSC, NANO and thousands of others? Who the hell ... ever ... used BCH for day-to-day payments? No one accepts it. I pay in crypto almost every day. For day to day payments we use stable coins (to avoid calculating back and forward how much is xx$) together with fast chains (so BEP20 BUSD or TRC-20 USDT). I have never received a proposition for BCH payment. So BCH is useless as store of value AKA digital gold (to compete with BTC) - is not as secured - has 50 times lower hashrate and is too slow, volatile and illiquid to compete with others for day-to-day payments. All it has is "bitcoin" in name.

What company accept BCH? Pornhub is the only one - my friend told me XD Even dogecoin has better adoption than BCH as day-to-day payment method.
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June 05, 2021, 02:38:32 PM
 #3

What is your price prediction for Bitcoin Cash? Are you in it for the short-term or long-term? Do you think BCH will become the fourth-largest cryptocurrency by market cap in the future? Your input will be greatly appreciated. Thanks. Smiley

I haven't gotten to know BCH in detail, and don't really pay much attention to how it will cost in the future. but as far as I know, BCH is indeed projected to be a pretty good dedicated coin. The ever-increasing level of trading volume and the number of fans have shown that BCH deserves to be called the largest cryptocurrency. just waiting for the right momentum to show its ferocity in the market on a regular basis.
So far I'm very optimistic that BCH has a bright future and moreover the price is also increasing,
maybe in the future BCH will attract more people,
We'll see how BCH develops later because this is a coin that shouldn't be underestimated
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June 05, 2021, 03:19:42 PM
 #4

agree with above. bch and the rest of bitcoin fork will probably stay for some time, but they won't be as valuable as before. bitcoin position as the digital gold is stable right now, regardless of the fees and other scalability issue, it's almost impossible to contest it. unless the network is attacked or a lot of government try to ban and kill it, bitcoin will survive.

not saying that they won't pump, but the price relative to bitcoin might be not as valuable as you expected it to be.
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June 06, 2021, 07:29:21 PM
 #5

The price did not achieve noticeable rises, but like the rest of the cryptocurrency market, it rose because we are in a price bubble until we did not break the previous peaks.
The reason for the recent rise was the network's lack of images or non-fungible icons, however over time there was no change in the price.
I don't see any future reason to keep this currency. The cheap fees that the network promises are limited and you can get better ones in other networks.

BCH after some years = 0

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June 07, 2021, 04:50:49 AM
 #6

What is your price prediction for Bitcoin Cash?

close to 0$.

Who needs "a little faster BTC" if we have instant TRON, BSC, NANO and thousands of others? Who the hell ... ever ... used BCH for day-to-day payments? No one accepts it. I pay in crypto almost every day. For day to day payments we use stable coins (to avoid calculating back and forward how much is xx$) together with fast chains (so BEP20 BUSD or TRC-20 USDT). I have never received a proposition for BCH payment. So BCH is useless as store of value AKA digital gold (to compete with BTC) - is not as secured - has 50 times lower hashrate and is too slow, volatile and illiquid to compete with others for day-to-day payments. All it has is "bitcoin" in name.

What company accept BCH? Pornhub is the only one - my friend told me XD Even dogecoin has better adoption than BCH as day-to-day payment method.
you have point mate. Because to be honest in the first place if BCH is really good to use when it comes transaction despite of the situation, so how comes some of the projects used tron and bsc as a substitute when those reliable and most fastest asset on this crypto world show a high fees for every transaction.? That's the question for OP because is that 's impossible which is after all people don't see it that's is very useful and reliable than other asset such tron and bsc at the time the fees of btc and ethereum increased

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June 07, 2021, 04:53:37 AM
 #7

as of today, the price of Bitcoin Cash (BCH) has reached $664.05, based on my prediction, BCH will reach $1k by the end of 2021, the key is only one thing, which is to wait until the market improves and Bitcoin (BTC) can reach $60k+ again.

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June 07, 2021, 05:02:05 AM
 #8

If the main factor to consider on BCH price potential was the greater scalability than Bitcoin then the future of this coin is not good. There's a lot of new coin existing with an impressive scalability on there blockchain, The only why Bitcoin and it's fork is growing was its the first mover on crypto industry and many traders choose this coin as an alternative investment due to its wide range of user.
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June 07, 2021, 05:38:49 AM
 #9

As the time of this writing, Bitcoin Cash (BCH) hovers between the $650 - $670 range. It went past $1k some time ago, due to the bullish crypto market. With the same limited supply as Bitcoin (BTC), Bitcoin Cash (BCH) has all it takes to become an extremely valuable cryptocurrency in the future. I'd predict that BCH would reach well above $5k per coin within the next 2-3 years.
Bitcoin Cash is a fork from Bitcoin and do you make your price prediction from the 2024 halving for Bitcoin Cash?

Bitcoin Cash halving countdown timer. Bitcoin Cash will be shilled similarly to Ethereum Classic ETC. When people feel can not mine Ethereum, they mine Ethereum Classic. When they see Ethereum is expensive, they buy Ethereum Classic. With hope that Ethereum Classic will have higher price.

Same for Bitcoin Cash. Bitcoin will have price of hundred of thousand dollar soon and people will choose cheaper cryptocurrency. One of their choice will be Bitcoin Cash.

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June 07, 2021, 05:52:25 AM
 #10

I am not good in Bitcoin cash for the long term. Why?
As you can see, years ago, especially when Bitcoin cash started to launched after its forked on Bitcoin, we saw it in the Top 10 market highest market cap, even on Top 5, and as much as I recalled Bitcoin Cash was able to reach the top 2 or top 3 before, surpassed Ethereum but it was an only short period of time.

But look at now, Bitcoin cash is already out of Top 10, (Current is Top 12) highest market cap. Very not good for me, especially there was a lot of forked happened in Bitcoin cash, like Bitcoin gold, satoshi vision, etc. Most are trash.

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June 07, 2021, 09:18:29 AM
 #11

I am not good in Bitcoin cash for the long term. Why?
As you can see, years ago, especially when Bitcoin cash started to launched after its forked on Bitcoin, we saw it in the Top 10 market highest market cap, even on Top 5, and as much as I recalled Bitcoin Cash was able to reach the top 2 or top 3 before, surpassed Ethereum but it was an only short period of time.
I don't care about the rank of Bitcoin Cash. In 2017, Bitcoin Cash has top position because Roger Ver successfully convinced people that Bitcoin Cash is the real Bitcoin and has more advanced technology for transactions than Bitcoin.

In that year, when Bitcoin Cash rose, Bitcoin falls. People considered they are split of Bitcoin in total price for one real Bitcoin. But they did not know what is the real Bitcoin.

Quote
But look at now, Bitcoin cash is already out of Top 10, (Current is Top 12) highest market cap. Very not good for me, especially there was a lot of forked happened in Bitcoin cash, like Bitcoin gold, satoshi vision, etc. Most are trash.
Bitcoin Cash was falling out of top 10 because of ICP, Polkadot and of course Dogecoin. Dogecoin and ICP or even Polkadot will fall gradually. Bitcoin Cash will return to the top but I don't care about rank on marketcap, as said.

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June 07, 2021, 10:32:14 AM
 #12

Bitcoin Cash is often touted as the scalable version of the original Bitcoin blockchain. With a block size of 32MB, BCH can handle 32x more transactions per second than Bitcoin itself. It's more suitable as digital cash than a store of value. Kim Dotcom has been a loyal supporter of Bitcoin Cash over the past days, and other public figures might follow soon as they recognize BCH's benefits over BTC for day-to-day payments.

to be honest I don't care about BCH, I see BCH as a failed copy of bitcoin, I see BCH as being an altcoin made strictly to fight bitcoin, which is not good. if the people behind BCH intended to have something better than bitcoin then they would create altcoin with a name that didn't have bitcoin, BCH is an altcoin that was created by political differences within the bitcoin community and this alone will create forever a bad image for BCH, in my case for example I prefer to use Litecoin to pay something, I don't trust BCH

As the time of this writing, Bitcoin Cash (BCH) hovers between the $650 - $670 range. It went past $1k some time ago

and let's be honest, the price of BCH is at that price thanks to bitcoin, if the price of Bitcoin was $3000, the price of BCH would be nothing. so BCH only has this price thanks to the fact that bitcoin is at $36000

due to the bullish crypto market. With the same limited supply as Bitcoin (BTC), Bitcoin Cash (BCH) has all it takes to become an extremely valuable cryptocurrency in the future. I'd predict that BCH would reach well above $5k per coin within the next 2-3 years. That is if crypto/Blockchain tech continues to rise in popularity worldwide. Current price per coin might be a bargain as the best is yet to come.

for people to dream that the price of BCH will reach $5000 then the price of bitcoin would have to be $350,000 and they would still have to pray that people don't give up on BCH in years to come.

What is your price prediction for Bitcoin Cash?

$1700 to $2500 over the next 3 years if the bitcoin price reaches $150,000

Are you in it for the short-term or long-term?

No

Do you think BCH will become the fourth-largest cryptocurrency by market cap in the future?

No

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June 07, 2021, 05:37:18 PM
 #13

close to 0$.

Who needs "a little faster BTC" if we have instant TRON, BSC, NANO and thousands of others? Who the hell ... ever ... used BCH for day-to-day payments? No one accepts it. I pay in crypto almost every day. For day to day payments we use stable coins (to avoid calculating back and forward how much is xx$) together with fast chains (so BEP20 BUSD or TRC-20 USDT). I have never received a proposition for BCH payment. So BCH is useless as store of value AKA digital gold (to compete with BTC) - is not as secured - has 50 times lower hashrate and is too slow, volatile and illiquid to compete with others for day-to-day payments. All it has is "bitcoin" in name.

What company accept BCH? Pornhub is the only one - my friend told me XD Even dogecoin has better adoption than BCH as day-to-day payment method.

Bitcoin Cash is far superior than Dogecoin with a block size of 32mb. It can handle large transaction throughput with ease. But for some reason, people are using Dogecoin more than Bitcoin Cash. Of course, NANO, TRON and BSC are much faster and cheaper to use than BCH. But they're highly centralized, defeating the purpose of crypto/Blockchain tech. If you compare Bitcoin Cash versus other coins, you notice that it's one of the most decentralized cryptocurrencies on the market (besides Bitcoin and Ethereum). It's Bitcoin with on-chain scalability, making it perfect as both a store of value and digital cash.

Nonetheless, no one knows how much Bitcoin Cash will be worth in the future. It could go all the way to the moon or down the drain in an instant. The same applies to Bitcoin and any other cryptocurrency on the market. Everything will depend on mainstream adoption for a cryptocurrency to succeed in the long term. One thing for sure is that Bitcoin Cash has seen an increase in mainstream adoption. But it's far behind Bitcoin and some other altcoins on the market. I believe that $1k per BCH would be a more realistic goal within the next 2-3 years. That is if BCH is still alive and actively traded on the market. With or without Bitcoin Cash in play, the original Bitcoin (BTC) will remain as the "King of Crypto" for the foreseeable future. Just my opinion Smiley

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June 08, 2021, 01:27:25 AM
 #14

close to 0$.

Who needs "a little faster BTC" if we have instant TRON, BSC, NANO and thousands of others? Who the hell ... ever ... used BCH for day-to-day payments? No one accepts it. I pay in crypto almost every day. For day to day payments we use stable coins (to avoid calculating back and forward how much is xx$) together with fast chains (so BEP20 BUSD or TRC-20 USDT). I have never received a proposition for BCH payment. So BCH is useless as store of value AKA digital gold (to compete with BTC) - is not as secured - has 50 times lower hashrate and is too slow, volatile and illiquid to compete with others for day-to-day payments. All it has is "bitcoin" in name.

What company accept BCH? Pornhub is the only one - my friend told me XD Even dogecoin has better adoption than BCH as day-to-day payment method.

Bitcoin Cash is far superior than Dogecoin with a block size of 32mb. It can handle large transaction throughput with ease. But for some reason, people are using Dogecoin more than Bitcoin Cash. Of course, NANO, TRON and BSC are much faster and cheaper to use than BCH. But they're highly centralized, defeating the purpose of crypto/Blockchain tech. If you compare Bitcoin Cash versus other coins, you notice that it's one of the most decentralized cryptocurrencies on the market (besides Bitcoin and Ethereum). It's Bitcoin with on-chain scalability, making it perfect as both a store of value and digital cash.

Nonetheless, no one knows how much Bitcoin Cash will be worth in the future. It could go all the way to the moon or down the drain in an instant. The same applies to Bitcoin and any other cryptocurrency on the market. Everything will depend on mainstream adoption for a cryptocurrency to succeed in the long term. One thing for sure is that Bitcoin Cash has seen an increase in mainstream adoption. But it's far behind Bitcoin and some other altcoins on the market. I believe that $1k per BCH would be a more realistic goal within the next 2-3 years. That is if BCH is still alive and actively traded on the market. With or without Bitcoin Cash in play, the original Bitcoin (BTC) will remain as the "King of Crypto" for the foreseeable future. Just my opinion Smiley

I second this. Think about Roger Ver whatever you want and actually he doesn't even matter in the slightest when you calculate your transaction fee right? When I transact between exchanges I quite often use Bitcoin Cash because, let's face it it is dirt cheap. However, the block times can still be annoying. XRP to hop back and forth between exchanges is also a good and cheap option and it is faster than BCH.

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June 08, 2021, 01:41:55 AM
 #15

Bitcoin Cash is often touted as the scalable version of the original Bitcoin blockchain. With a block size of 32MB, BCH can handle 32x more transactions per second than Bitcoin itself. It's more suitable as digital cash than a store of value. Kim Dotcom has been a loyal supporter of Bitcoin Cash over the past days, and other public figures might follow soon as they recognize BCH's benefits over BTC for day-to-day payments.

As the time of this writing, Bitcoin Cash (BCH) hovers between the $650 - $670 range. It went past $1k some time ago, due to the bullish crypto market. With the same limited supply as Bitcoin (BTC), Bitcoin Cash (BCH) has all it takes to become an extremely valuable cryptocurrency in the future. I'd predict that BCH would reach well above $5k per coin within the next 2-3 years. That is if crypto/Blockchain tech continues to rise in popularity worldwide. Current price per coin might be a bargain as the best is yet to come.

What is your price prediction for Bitcoin Cash? Are you in it for the short-term or long-term? Do you think BCH will become the fourth-largest cryptocurrency by market cap in the future? Your input will be greatly appreciated. Thanks. Smiley
For now, Bitcoin Cash has advantages for block size, transaction fees and speed. However, the Bitcoin network is much safer because it has a higher hash rate compared to BCH, but in my opinion the two cryptos have an important role in the crypto world, so comparing them will certainly have pros and cons from current crypto lovers, but apart from that's all, I think for the future there is a possibility that Bitcoin and BCH can continue to play an important role in the crypto world such as bitcoin which will continue to be digital gold and can also be a safe store of value, and also BCH which may become digital money or a method secure and convenient payments in the future.

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June 08, 2021, 03:38:31 AM
 #16

For now, Bitcoin Cash has advantages for block size, transaction fees and speed. However, the Bitcoin network is much safer because it has a higher hash rate compared to BCH, but in my opinion the two cryptos have an important role in the crypto world, so comparing them will certainly have pros and cons from current crypto lovers, but apart from that's all, I think for the future there is a possibility that Bitcoin and BCH can continue to play an important role in the crypto world such as bitcoin which will continue to be digital gold and can also be a safe store of value, and also BCH which may become digital money or a method secure and convenient payments in the future.
Speed? What do you meant with speed?

Bitcoin and Bitcoin Cash has a same block time. The average block time is 10 minutes. If you don't believe me, please check
- Bitcoin Avg. time between blocks. In the last 24 h, it is 11 mins 10 secs
- Bitcoin Cash Avg. time between blocks. In the last 24 h, it is 11 mins 26 secs

The difference is Tx per second. Bitcoin is 2.76, Bitcoin Cash is 0.84. Bitcoin Cash transactions have cheaper fees.

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June 08, 2021, 06:59:49 AM
 #17

The difference is Tx per second. Bitcoin is 2.76, Bitcoin Cash is 0.84. Bitcoin Cash transactions have cheaper fees.

I think this is just the actual transactions happening per second, which is not really what tps is right? TPS to my understanding is the MAX capability of transactions handled per second which I think is 8 for BTC (I am not sure) and a lot more for BCH.

Please do not misunderstand I do not at all like BCH:) Just want to say their blocks are bigger so can fit in more tx:)

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June 08, 2021, 07:41:23 AM
 #18

Bitcoin Cash is far superior than Dogecoin with a block size of 32mb. It can handle large transaction throughput with ease.

Its not all about block size. There is also block time, network stability and many others. BCH block time is 10 min while doge 1 min. But do we really compare fundamentals of BCH and DOGE? XD I used doge in my previous post to say that no one use BCH for day to day payments and even doge is more popular in this case and here you are arguing that BCH has slightly better chain XD

Once again:
BCH is worse than BTC as store of value and worse than other alts as day to day payment method. It makes it perfect solution for both? No it makes it useless solution.

1- You store your wealth in most secured, deflationary asset. Safe place. You can't say that about BCH. 2% on BTC hasrate can jump on BCH chain just for a moment to do 51% attack and go back to mine BTC. They both use same hardware.
2- you use cheap and fast chains for day to day payments. You use non volatile tokens for ease of use. You dont want to pay 2$ fee to buy 1$ worth cola. You dont want to open calculator each time you want to buy something. Its better to swap 1000$ once a month from BTC to TRC-20 USDT and use USDT all month without fees. And I'm saing that from my own experience. No one ever asked me to get his payment in BCH because its perfect solution for both store of value and day to day payment.

One thing for sure is that Bitcoin Cash has seen an increase in mainstream adoption.

What? What adoption? Who lauched Bitcoin cash payments for his buisness last months? Amazon? EBAY? Maybe tesla invested in Bitcoin cash?

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June 08, 2021, 08:52:58 AM
 #19

1- You store your wealth in most secured, deflationary asset. Safe place. You can't say that about BCH. 2% on BTC hasrate can jump on BCH chain just for a moment to do 51% attack and go back to mine BTC. They both use same hardware.
BCH network is weak and not safe. If I move a transaction that has a big value for me, I choose Bitcoin.

Quote
2- you use cheap and fast chains for day to day payments. You use non volatile tokens for ease of use. You dont want to pay 2$ fee to buy 1$ worth cola. You dont want to open calculator each time you want to buy something. Its better to swap 1000$ once a month from BTC to TRC-20 USDT and use USDT all month without fees. And I'm saing that from my own experience. No one ever asked me to get his payment in BCH because its perfect solution for both store of value and day to day payment.
The main failure of altcoins, not only BCH is their networks are not healthy and for Bitcoin forks as BCH, it is worse. Because of 51% attacks and it is reflected to the real demand for daily transactions. In above post, I brought the lower Tx per second of BCH than BTC's Tx per second.

There are other altcoins with cheap transaction fees but smaller block time, Ripple XRP or TRX as examples.

A comparative analysis of Bitcoin forks. I use one of those chart in that article. There are other charts and one of them is Network hashrate which supports your point.

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kotajikikox
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June 08, 2021, 09:38:54 AM
 #20

as of today, the price of Bitcoin Cash (BCH) has reached $664.05, based on my prediction, BCH will reach $1k by the end of 2021, the key is only one thing, which is to wait until the market improves and Bitcoin (BTC) can reach $60k+ again.
Really ? so meaning still bitcoin will decide what will be the future of BCH? then still this shitcoin has nothing to prove.
There were time that this coin bullied and reached a thousand dollars but that only happens in a week time and then fall down back to hundred levels.
I personally dont care much about rankings but Bitcoin Cash (BCH) dont look perspective as earlier. Most of reasons members mentioned already.
and because this is a Fake Bitcoin that we must not supported that's it.

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