What's happening to Bitcoin Cash?

in #bitcoin • 7 years ago

bcc.png

This week BCH has experienced an incredible rise.

bcc.jpg

As you can see it went from 330$ to more than 500$. That was unexpected, because almost all Altcoins are in a lateral movement because of the Segwit2x.
But, here we have some reasons that may explain why BCH has been rising over this week:

1. Bitmain only accepts Bitcoin Cash for their Antminer S9.
2. Japan's SBI Holdings plans to start mining Bitcoin (or Bitcoin Cash).
3. Massive selloffs have cooled down, due to exchanges releasing funds to customers.
4. People are slowly starting to realize that Bitcoin Cash keeps the original Bitcoin vision alive.
5. BCH is faster than BTC and has cheaper transactions.

Comment why do you think it has rise!
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Thanks!

#cryptocurrency #blockchain #altcoin #bch
7 years ago in #bitcoin by
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     7 years ago 

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