Hi All,
So, Bitcoin Cash price has fallen down after going as high as 1000 USD. What do you think is the future of Bitcoin Cash?
The Segwit activation in the Bitcoin Network went through successfully. I am not sure about the actual improvements in the Bitcoin Network with respect to Number of Transactions/second or the Transaction Fee after Segwit activation however do you think Bitcoin Cash is here to stay with its 8 MB block size?
Also, there are speculations that Bitcoin Cash might be centralized and most of the mining power is controlled by only few nodes.
And I read that miners are switching back and forth between Bitcoin and Bitcoin Cash since in some cases the Bitcoin Cash network difficulty is lower and more profitable to mine.
What are some of the major events in the pipeline for Bitcoin Cash?
Every coin has chance to become the second coin or more popular than others. But to become like that, need time and hard work. Supply and demand become the major action to raise up and main indicator for investor/ trader to replace their money. Bitcoin Cash also has future but the real market also has their own answer. Just follow the trend and get out before too late. Have a nice day.