Post
Topic
Board Altcoin Discussion
Re: The Irony of Bitcoin Cash's Rise
by
TravelMug
on 05/07/2023, 09:12:53 UTC
Bitcoin Cash was created to be the everyday man’s money for small purchases.  It’s now ironically rising because large financial players are getting regulatory approval to trade it with clearing house custody for institutional trading only.  Is it an ironic twist of fate for the coin that exists to defy and free mankind from the chains of the Federal Reserve, to rise off regulators approving it over it’s competitors?

https://www.youtube.com/watch?v=g8H1LCzPcWk

Nah, I don't think it has risen because many users are going to used it. It has risen because of pure pump and dump scheme, simply as that. Maybe you can hear good news recently, but it didn't stick then the price will just go down.

Remember that it's last all time high is not on the last bull run, but way back 2017.

And up to now they are down -93%++ from it's last all time high. So not sure if you can categorically call that rising price.

As compare to BTC = last all time high 2021, and only down -55%.