It is to my greatest surprise that the price of bitcoin cash has fallen below ethereum and has gone down to 7th position in cmc chart list
Will it zero out??
Bitman sold only 25% of its BCash in Q4 of last year. If they will sell more in Q1 of this year then price will only go further down.
I hope so. It doesn't have any real use case to survive in a long term. Only speculation interest, nothing more. To me it's not enough to be in TOP-10 projects of CMC. I hope the community agree with me.
It will be in top10 simply because so many dont care about it. And have their BCH intact in their wallets. If they would claim them and sell then price would fall.
The buyers of BCH just care about the hype and they never take the usefulness of the token as the main indicator to buy such tokens while these dumb speculators are hating another security coin or token.
More and more crypto used anti asic and bitcoin will be bankrupt in the future.