I have believed that the price of BCH is tied with bitcoin but, not this time.
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Those who trust it are maybe thinking of dumping it already. It seems that there's no growth from this project anymore and those who heavily believed and invested in it are feeling sorry. If not, they've sold at the heights during 2018 and have completely abandoned it.
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Those who trust it are maybe thinking of dumping it already. It seems that there's no growth from this project anymore and those who heavily believed and invested in it are feeling sorry. If not, they've sold at the heights during 2018 and have completely abandoned it.
BCH is on its own, as a separate cryptocurrency project from Bitcoin. It's nothing more than a shitcoin just like the rest of the other ones being traded on the market right now. Bitcoin Cash was only created by "big blockers" with the purpose of enriching themselves as quickly as possible. By pretending to be the "real Bitcoin", the project would obtain most of the attention in the mainstream world. After the bear market (and hash wars) of 2018, the hype simply faded away into oblivion. People are now focused on cryptocurrencies with smart contract features, leaving single-purpose blockchain networks like Bitcoin Cash and Litecoin behind in the dust (with the exception of Bitcoin). Unless the BCH team provides something innovative to the industry, the coin will have a hard time reaching new ATHs in price. At least, the project is open source and apparently decentralized. There's a chance it could survive in the future if it stays that way. Just my thoughts
