Post
Topic
Board Speculation (Altcoins)
Re: Any hope for BitcoinCash?
by
Abiky
on 29/10/2021, 01:15:49 UTC
As a shitcoin started by miners to disturb bitcoin itself, I have to say it even survived a very long period that I didn't assume it would. Just like all the memecoins now, I assumed they won't last this long and they did, and bitcoin cash is showing us the future of all the shitcoins. You could get to a high level for a while, as long as there is a hype around it and there is a community behind it, any shitcoin could go on for a while. However, it is obvious that we are not going to see them succeed in the long term.

Things like ETH stay and show how strong it is by actually being a utility coin, people actually use it for something. What does bitcoin cash work for? What is the utility of it? It is a totally useless coin that everyone should stay away from and that is what people have done eventually. It will just keep on going down the list from now on.

Couldn't agree more with you, mate. Bitcoin Cash is useless considering that it's just another Bitcoin clone with a few simple tweaks. If it wants to stay ahead of the game, it's going to need to innovate. Otherwise, it'll slowly fade into oblivion until it becomes history. Nowadays, people are focused on "De-Fi" and NFTs so I doubt BCH will be able to stay afloat for long. Coins without smart contracts won't see that much demand on the market (with the exception of Bitcoin, of course). And even if BCH implements smart contracts in the future, it still needs to provide something new that would blow people's minds. If it's more of the same, it won't gain any traction whatsoever. It's as simple as that. I wouldn't worry about BCH, since there are better options to choose from. Just my opinion Smiley