Will 2018 Really be the Year of Bitcoin Cash (BCH)?

in #bitcoin • 7 years ago

Bitcoin Cash (BCH) has plateaued. In the past 30 days, its price-per-coin has only grown 35% higher. Compare that to the 136% gain experienced by Ripple (XRP) during the same time period. A while ago, XRP pushed BCH out of its 3rd place spot on the list of most valuable cryptocurrencies. But Bitcoin Cash has held strong in 4th place. Even though its price growth has stalled, its transaction volume is on the rise:

Bitcoin Cash transactions have quadrupled in just three months. Sure, that’s a positive signal for future growth. But what about BCH’s claim? Do you think that this coin will be the most important of the year?

Will Bitcoin Cash (BCH) Really Steal the Show in 2018?

Cryptocurrency enthusiasts have been speculating that BCH may eventually take over and be the new Bitcoin. But, to be fair, we’ve also heard that about pretty much any altcoin that breeches the top 10.

Bitcoin itself, however, hasn’t been having the most impressive growth lately. Check out its path over the last 30 days:

Sure, BCH has a pretty similar-looking chart – and its price growth has tapered off a bit recently. But BCH has some very serious advantages over BTC, which the Bitcoin Cash protocol is based on. You may remember a ton of commotion back in summertime, when BCH was first launched after being forked from the Bitcoin blockchain.

Well, the younger coin has made some improvements. I could list them out, but I will let it explain it to you. They keep this photo pinned to the top of their twitter feed:

Yeah, it has much faster payments and lower fees. It’s also much more scalable. It makes you wonder why Bitcoin (BTC) has managed to maintain its dominance for so long, especially with other quick, cheap options like Ripple (XRP).

But if BCH has more efficient underlying technology, why has its price growth gotten stuck in the mud?

#cryptocurrency #crypto #news #money
7 years ago in #bitcoin by
$0.00
    6 votes
    Reply 3
    Sort:  
  • Trending
    • [-]
     7 years ago 

    OMG! This is SUCH an AMAZING post! Thank you for sharing! I gave you a vote!!

    $10.60
    • Past Payouts $10.60, 0.00 TRX
    • - Author $7.95, 0.00 TRX
    • - Curators $2.65, 0.00 TRX
    1 vote
    Reply
    [-]
     7 years ago 

    Not indicating that the content you copy/paste is not your original work could be seen as plagiarism.

    These are some tips on how to share content and add value:

    • Using a few sentences from your source in “quotes.” Use HTML tags or markdown ">" before the quote.
    • Linking to your sources.
    • Include your own original thoughts and ideas on what you have shared.
    • It is recommended that the quotes should not cover more than 50% of the whole post. At least 50% of the content should be original.

    Repeated plagiarized posts are considered spam. Spam is discouraged by the community, and may result in action from the cheetah bot.

    Creative Commons: If you are posting content under a Creative Commons license, please attribute and link according to the specific license. If you are posting content under CC0 or Public Domain please consider noting that at the end of your post.

    If you are actually the original author, please do reply to let us know!

    Thank You!

    More Info: Abuse Guide - 2017.

    $2.58
    • Past Payouts $2.58, 0.00 TRX
    • - Author $2.26, 0.00 TRX
    • - Curators $0.32, 0.00 TRX
    1 vote
    Reply
    [-]
     7 years ago 

    Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
    https://www.theusacommerce.com/will-2018-really-be-the-year-of-bitcoin-cash-bch/

    $0.00
      Reply