Post
Topic
Board Speculation (Altcoins)
Re: Any hope for BitcoinCash?
by
Abiky
on 01/11/2021, 14:23:29 UTC
It doesn't guarantee that coins that are in the top 20 have a good future, because I see the popularity of Bitcoin Cash continues to decline.
Because investors are aware that Bitcoin Cash is a shitcoins created to generate profit for developers, and also his other goal to replace Bitcoin
proved to be a failure. So there really is no reason to invest in Bitcoin Cash, I predict Bitcoin Cash is a project that will disappear in the future.
Because the price of Bitcoin Cash is getting further away from the ATH price that was achieved 4 years ago. Sorry to Bitcoin Cash supporters,
I don't see any hope of Bitcoin Cash going big in the future. I even suggest selling Bitcoin Cash right now while there are still demands.
Because we can invest in other projects that have potential and have a bright future.

Exactly. Just because BCH is at the top ranks in market cap, doesn't mean it's going to have a good future. Only projects that are able to provide real use cases in the mainstream world will survive in the long run. Bitcoin Cash is no different than Bitcoin with the exception of the increased block size. Why would someone buy BCH when they could buy BTC? For scalability proponents, I'd say that BTC is quite scalable with the use of an off-chain scaling solution like the Lightning Network. Increasing the block size greatly reduces decentralization in the long run. It's no wonder why money keeps flowing on BTC than on BCH. The latter needs to ramp up its development efforts if it wants to gain the spotlight. Otherwise, it'll fade into oblivion. With fierce competition in the crypto/Blockchain space, it'll be hard (if not impossible) for Bitcoin Cash to become the third-largest cryptocurrency by market cap again. Just my thoughts Grin