The Irony of Bitcoin Cash's Rise

[Nwada001]

You were probably not around to live through that conflict, but back in the day some supporters of bitcoin cash even refused to add the cash at the end of its name as for them that was the real bitcoin, so they named this fork this way as they expected to replace bitcoin and eventually become the real thing, however it is obvious at this point they failed on their goal and now bitcoin cash is nothing more but another altcoin in which you need to be incredibly careful, as if you invest in it you could easily lose your money.

Yea, I was not here when those dramas were going on. But I read a lot of criticism in the previous post of . Bitcoin SV and some articles online when I try to get more information, where some authors even called it the better version of Bitcoin and all of that. If not for the EDX, which listed it as part of their trading assets, they would have been almost forgotten. I barely hear anyone say anything about it, nor do I see it in any market tracker trending list.

[Husires]

Yea, I was not here when those dramas were going on. But I read a lot of criticism in the previous post of . Bitcoin SV and some articles online when I try to get more information, where some authors even called it the better version of Bitcoin and all of that. If not for the EDX, which listed it as part of their trading assets, they would have been almost forgotten. I barely hear anyone say anything about it, nor do I see it in any market tracker trending list.

Their plan almost succeeded in the year 2017 by pumping the price of this currency and spam into the Bitcoin network by making transaction fees very high, and since that credit, we can say that this currency has become dead.
Bitcoin SV is an outright scam who even tried to steal the white paper and claim that the bitcoins belonged to them.

All altcoins except Ethereum can be described as dying. Yes, Bitoin Cash is real shitcoin, but even that coin gets pumped up from time to time.

Ethereum follows the same price as Bitcoin and rarely moves higher, I mean ETH/BTC not ETH/USD

[Godday]

I never believed in Bitcoincash. Because I've looked a few years ago and Bitcoincash is not Bitcoin. Maybe Bitcoincash is still around $300 right now but for those who have seen the truth, I don't think Bitcoincash is a good investment choice.

[fzkto]

Yea, I was not here when those dramas were going on. But I read a lot of criticism in the previous post of . Bitcoin SV and some articles online when I try to get more information, where some authors even called it the better version of Bitcoin and all of that. If not for the EDX, which listed it as part of their trading assets, they would have been almost forgotten. I barely hear anyone say anything about it, nor do I see it in any market tracker trending list.

Their plan almost succeeded in the year 2017 by pumping the price of this currency and spam into the Bitcoin network by making transaction fees very high, and since that credit, we can say that this currency has become dead.
Bitcoin SV is an outright scam who even tried to steal the white paper and claim that the bitcoins belonged to them.

All altcoins except Ethereum can be described as dying. Yes, Bitoin Cash is real shitcoin, but even that coin gets pumped up from time to time.

Ethereum follows the same price as Bitcoin and rarely moves higher, I mean ETH/BTC not ETH/USD

Any altcoins paired with BTC constantly lose value. Logically, if bitcoin becomes more expensive to the dollar, then altcoins also become more expensive to the dollar. But if you open a chart of any altcoin paired with bitcoin, absolutely all of those charts will be in a downtrend. I guess altcoins exist to rid us of bitcoins.

[el kaka22]

Bitcoincash isn't created for that purpose but it was only just a fork of Bitcoin. Bitcoin is the real one who is suit on that thing you are talkin about. For those who can't afford the fee for small purchases, there are still altcoins that we can use. I don't mean BCH because BCH was slow and then its fees are still higher compared to most alts.

The real reason on why Bitcoincash is rising is said to be caused by a manipulation. There are so many good coins to approve but why will they choose Bitcoincash? Is it because it was being look down the most? And maybe once people turn their attention to it and invest on the coin, they will then dump it.

[fzkto]

Bitcoincash isn't created for that purpose but it was only just a fork of Bitcoin. Bitcoin is the real one who is suit on that thing you are talkin about. For those who can't afford the fee for small purchases, there are still altcoins that we can use. I don't mean BCH because BCH was slow and then its fees are still higher compared to most alts.

The real reason on why Bitcoincash is rising is said to be caused by a manipulation. There are so many good coins to approve but why will they choose Bitcoincash? Is it because it was being look down the most? And maybe once people turn their attention to it and invest on the coin, they will then dump it.

I remember how much hype there was in 2017 when this hardfork came out. There was a time when Bitcoin Cash creators purposely sold their bitcoins to drop the price, pumping up the price of their shitfork. By this they wanted to prove that their fork was real bitcoin. So for me Bitcoin Cash is the worst altcoin on the market. Perhaps the only thing worse than that is BSV.

[someone703]

To be honest, BCH can be seen as an irony of fate as it tries to overcome the hurdles of traditional regulatory authorities, but also opens the door to widespread adoption as a means of payment everyday payment convenience, there are stories about it before that we have much to argue with.
But anyway its position over time is still very strong in the market, maybe right now what is happening to it and even FUD, the PUMP power with this coin is showing quite strong. While this is not an altcoin that I pay much attention to, I have to admit it has always been a strong altcoin.

[wheelz1200]

Bitcoin cash is just another useless altcoin.  What bitcoin already solved brash is trying to replicate like the 100s of thousands of other coins, it's useless in its current form because the problem has already been solved.  This thread sounds more like a shilling than anything else.

[Rampagoe004]

Bitcoincash is not Bitcoin. And I don't like anything that uses the Bitcoin name to increase the popularity of their project. Even though it is currently ranked #14 but I don't think this means Bitcoincash is a good thing. Sometimes the tokens in Blue chips also have to be analyzed and viewed technically.

[disconnectme]

It is a free market and everyone is welcome to participate, people always talk against the big player entering the crypto market as if it is a bad thing, one of the reasons the Crypto market is over A trillion dollar today is because of the VCs money that has been flowing into the space and they space is better for it, also not all of  these big money that get it right, they too are taking risk like you, you win some and lose some. I am surprised they warmed up to BCash but this is the beauty of open market

[Silberman]

It is a free market and everyone is welcome to participate, people always talk against the big player entering the crypto market as if it is a bad thing, one of the reasons the Crypto market is over A trillion dollar today is because of the VCs money that has been flowing into the space and they space is better for it, also not all of  these big money that get it right, they too are taking risk like you, you win some and lose some. I am surprised they warmed up to BCash but this is the beauty of open market

And you are correct on your assessment, it is just that it is difficult to understand what they may be thinking by going hard on bitcoin cash, however it would not be the first time the CEO of a company took a risky decision which at the need did not worked and then put their company at a tremendous risk due to their actions, however taking into account the bull run is getting closer they may even make money if they are only considering investing in bitcoin cash for the short term.