Post
Topic
Board Speculation (Altcoins)
Re: Any hope for BitcoinCash?
by
Dump3er
on 03/12/2021, 17:31:17 UTC

With the lots of new trends day-by-day, BCH needs a big hype in able to reach its previously All-Time High. For short-term trades, BCH is still far one of the good coins out there to be included on the list in terms of "trading purposes".

Any hope for Bitcoincash? In what way? Having a trading volume of US$2B, the dominance is clearly there in the market.

I guess one hope for Bitcoin Cash to really go for an upside rally is to hope that Bitcoin goes on a rally. At least it will benefit from the pull effect then. As for Bitcoin Cash alone, it is a bit difficult to name a specific role that it has. It is much cheaper than BTC, yes, but it is as slow. When you want to send it to an exchange and some require 10 confirmations, it feels like an eternity. Even then you got much better options if it is just for the purpose of getting money from one exchange to another.