Are people really using BCH . It's Market value has drop almost 85% from it's all-time high value.
So many BCH but about 60% of all is controlled by only 67 wallets .
The payments have also slumped to $3.7 million in May from a high of $10.5 million in March. Bitcoin payments totaled $60 million in May, down from a peak of $412 million in September.
What are your thoughts on BCH's future .
So the market capitalization of Bitcoin Cash has really fallen, but the entire crypto market has fallen, so I do not see anything strange. I think the BCH will still grow and in the future may reach $ 3,000
Exactly! I wonder why the OP decided to pick specifically on BCH when the whole market in general has been bearish for a while and so many of the top coins with higher market caps have really lost a lot of value so far. Are we going to because of that question the future of all those top coins? No!
I believe once the market recovers, a whole lot of the coins and tokens will get to have a chance to breathe and start attaining new heights over again, but for now, we will just have to wait. Also, we sure do not know what the future holds for any coin, but as time goes on and with those with real life usage and product, we will start getting to see the real picture.