Post
Topic
Board Altcoin Discussion
Re: Is BCH, BSV more profitable than Ethereum?
by
bryant.coleman
on 01/02/2020, 03:16:11 UTC
but for the price of Ethereum it hasn't been able to be good for 2 years, rest assured someday Ethereum can recover
how about other altcoins too? They are also struggling right?

All of the altcoins are affected, but when we ask which is more profitable among the 3, obviously it's BSV for now.
However, if we computed its ATH profit, I think ETH would win in the competition.

I have an information here computing their starting price against their ATH when they first listed in CMC.

BCH - started $540 and ATH was $3400
BSV - Started $53 and ATH was $340
ETH - Started $.64 and ATH was $1300

clearly it was ETH which was the most profitable in overall.

ETH gained traction only in 2017, when the ICO hype started. On the other hand, when BCH got listed for the first time (in August 2017), it was already among the top 5 cryptocurrencies (in terms of market capitalization). So you can't really compare the two. Also, Ethereum is an entirely different digital asset, while BCH/BSV are forked coins and they are 99% similar to Bitcoin. There is a lot of compatibility between BTC and BCH/BSV (i.e BCH/BSV can be used for purposes where BTC is used right now), but the same is not true for Ether.