Any hope for BitcoinCash?

[Dump3er]

There's so many hardforks that came after BCH that I just don't really see it as a longterm thing. It might still be around in a few years, used by some, but just not in the volume that is required. It might still pump every bullmarket, probably less so than Bitcoin, with temporary exceptions.

I don't believe CW is satoshi, but there's a lot of people that do, and BSV just got a much fiercer fanbase, it's probably going to overtake BCH at one point.

As you wrote, there were many forks which, like BCH, did not contribute anything new. These types of ideas are nothing long term, just a desire for a quick profit. It is possible that with some big bull run we will see BCH price pump. However, in my opinion, the prices of all forks will slowly go towards zero. (BSV also)

Hard to invest long-term on this type of coin because if you will look at it, there's really no reason why they should exist. We already have bitcoin and these forked coins are not needed anymore, for what? Additional confusion for newcomers? Because if you ask, what's the main purpose of this? I can't think of a very good one. I will store btc rather than these forked coins.

I would say it can't hurt to have Bitcoin Cash around. Not everyone likes it, that is true. But from the perspective of transaction fees you have to admit that Bitcoin Cash is way superior compared to Bitcoin. That is valid especially in times of high transaction volume.

[Abiky]

There's so many hardforks that came after BCH that I just don't really see it as a longterm thing. It might still be around in a few years, used by some, but just not in the volume that is required. It might still pump every bullmarket, probably less so than Bitcoin, with temporary exceptions.

I don't believe CW is satoshi, but there's a lot of people that do, and BSV just got a much fiercer fanbase, it's probably going to overtake BCH at one point.

You've said it yourself. With so many forks, BCH will only lose its "substance" over time. It's already experiencing decreased interest/demand from traders and investors alike. People nowadays are focused on NFTs and smart contract platforms, so the future of BCH looks bleak as a single-purpose blockchain network. Increasing the block size is not enough to attract the masses into it. The project needs a little "pizzazz" for it to rise towards new heights. Knowing that the hash wars of 2018 impacted BCH's mainstream adoption, it's probable the cryptocurrency will fade into oblivion in the not-so-distant future. I wouldn't worry about BCH since it's all about the original Bitcoin (BTC) these days. Just my opinion

[Nazmul012]

Yeah. BitcoinCash always follows Bitcoin and its movement is based on that. Many people considered this fork as another part of bitcoin. So there is always hope for bitcoincash, it could record ath f btc can doing well. but you btc fail to increase, then impact would be seen on bch too as if they are related to each others. although altcoins industry always followd bitcoin movement, as normal

[Vaskiy]

Yeah. BitcoinCash always follows Bitcoin and its movement is based on that. Many people considered this fork as another part of bitcoin. So there is always hope for bitcoincash, it could record ath f btc can doing well. but you btc fail to increase, then impact would be seen on bch too as if they are related to each others. although altcoins industry always followd bitcoin movement, as normal

Not really, it has good trading volume as it is the fork of bitcoin. This has got it more popularity among the altcoins. However to the hype and the controversy of being the real bitcoin during the time of fork it climbed high in value, but it wasn't able to keep up the growth get continued. It has dependence over the bitcoin market, and nowadays it has been getting used on more fiat based pyramid schemes. I got added to few such groups, on seeing the analysts it is pure scam approach.

[peter0425]

Do you think there is any hope for BitcoinCash?  Is it still one of the major alts that will pump?  Will it reach previous all time highs?

Stop dreaming mate, best to try changing course and Bet instead to Bitcoin lol.

there are so many currencies that there are best to take long term then why BCH? do you really believe in Clone currency instead of Legit one?

There's so many hardforks that came after BCH that I just don't really see it as a longterm thing. It might still be around in a few years, used by some, but just not in the volume that is required. It might still pump every bullmarket, probably less so than Bitcoin, with temporary exceptions.

I don't believe CW is satoshi, but there's a lot of people that do, and BSV just got a much fiercer fanbase, it's probably going to overtake BCH at one point.

As you wrote, there were many forks which, like BCH, did not contribute anything new. These types of ideas are nothing long term, just a desire for a quick profit. It is possible that with some big bull run we will see BCH price pump. However, in my opinion, the prices of all forks will slowly go towards zero. (BSV also)

I think it is more better to Bet in Bitcoin Silver(of course another Shitcoin) than Bitcoincash that is my own opinion .

[btc78]

Yeah. BitcoinCash always follows Bitcoin and its movement is based on that. Many people considered this fork as another part of bitcoin. So there is always hope for bitcoincash, it could record ath f btc can doing well. but you btc fail to increase, then impact would be seen on bch too as if they are related to each others. although altcoins industry always followd bitcoin movement, as normal

Is this the Bitcoincash that you are talking about?

https://coinmarketcap.com/currencies/bitcoin-cash/

from 4,400 All time high and now sitting at 400$ value? lol if this is having  a good future then this must at least have update in increasing?

the price now is just 10% of the ATH that shows how BS this coin is while Bitcoin and other Bitcoin fork coins are moving up.

[Abiky]

It is almost like many investors have already moved on from buying and holding this coin, bch use to have good value before and can recover quickly from any dip but now it struggles to get 5% up, I made a decent profit flipping bch back then, it is no longer profitable holding this coin.

People simply lost interest in Bitcoin Cash after the "Hash Wars" of 2018. The blockchain became relatively unstable for a short period of time, forcing businesses to look for other alternatives. Constant forking of the BCH blockchain has led to the lost of credibility among people in the mainstream world. There are two variants of the BCH chain (mainly BSV and eCash) trading on the market today. They have taken a portion of BCH's market share, effectively undermining the parent cryptocurrency's position in market cap.

Nowadays it's all about "De-Fi" and NFTs, so any cryptocurrency able to provide smart contract features will surely gain the most attention in the mainstream world. BCH has a sidechain with smart contract functionality, but not many people are aware of it. The number of dApps on it (if any) is pretty small, so it's highly unlikely BCH will take off soon. If demand continues to sink deeper, I'm afraid BCH will fade into oblivion like the rest of the other "shitcoins" on the market. I wouldn't worry much about Bitcoin Cash as long as we have the original Bitcoin (BTC). Just my thoughts