Why I think (BCHA) is a good addition for your portfolio for 2021

[akidinho 4]

this is not financial advice .dyor

i dont shill lol

 

What is BCHA?

 

On November 15, the Bitcoin Cash (BCH) blockchain split into two chains. To tell the two chains apart, each was given a provisional name by exchanges: Bitcoin Cash ABC (BCHA) and Bitcoin Cash Node (BCHN), Which BCHN won and eventually it changed to (BCH) ticker.

 

What makes BCHA different from BCH?

 

Described as innovative by Binance, BCHA has a unique funding feature called the coinbase rule, which reinvests 8% of each BCHA block reward to fund future network development. This funding model rewards the technical talent developing the network through predictable compensation (a salary), whereas BCH relies on a donation funding model instead.

 

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So what caught my eye about another BCH Fork? And why i think this is one of the best coins to pick for 2021

 

I. The price, and why i think its is so undervalued right now

 

 

Seriously, just look at it goes from 42 USD to like 14-13 USD in one month. That is like 6% of current BCH price. I seriously just think this token are super undervalued and underperformed than what BSV did on its launch/ BSV all time low was 36.47 . To think that BSV the first BCH fork now are value on 161 USD make you think, can this token follow BSV path or even better than what BSV achieved.

 

 

This is the chart for BSV. the all time of BSV was 441.20 USD that occur on Jan 14, 2020 . The all time was still new for the first BSV, and to think that BCHA who lead by talented Developer who now at 17 USD make me think this a hidden gem on crypto right now.

 

II, The Developer

 

Another reason why I could see BCHA could do well in the future is because of their Dev teams

 

The BCHA project is led by Bitcoin ABC. This is the team that initially forked the Bitcoin Core codebase and created Bitcoin Cash on August 1st, 2017. For over three years this small group of engineers served as the stewards of this project, maintaining the code, fixing any bugs, and acting as a strong lead implementation that miners and businesses could rely on.

 

Bitcoin ABC's lead developer is Amaury Sechet. Sechet is an experienced software engineer who worked at Facebook for four years working on, of all things, coming up with scaling solutions. He left Facebook at the end of 2016 to focus on Bitcoin full time, ultimately leading to the creation of Bitcoin Cash in the Summer of 2017.

Currently Bitcoin ABC employs 10 people, which is more than it's ever had since its inception. There are 8 full-time software engineers, a technical operations manager, and a content marketing manager. If you want to learn more, check out their latest transparency report here.

 

But What about the 8% Tax what they would/could do for it?

 

The new coinbase rule will provide steady and predictable funding that will allow them to quickly grow their team, and I also believe the new coinbase rule aligns the incentives of both miners and developers to grow this project together while also making the network more immune to capture by outside forces.

 

Who do you think will be more motivated, a team getting over 26k coins a year (BCHA Team), or a team that has to ask for handouts every so often while working for scraps (BCHN/BCH Team)?

 

III, A Rebrand is coming and a new feature (Avalanche) will be implented soon.

 

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Also I will list some issues that BCHA had...

 

I. Unknown Miner attack the chain and now spreading FUD on twitter https://twitter.com/DevVoluntarism

 

II, Low Hash means Low Security

 

I really hope they will figured out a solution to fix this two issues in the upcoming Rebranding.

 

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I been thinking that there is room for growth, At the moment most people have no idea BCHA even exists. It's only listed on a handful of exchanges and doesn't even have an official name or ticker yet. Of all the legitimate Bitcoin forks, it's likely the BCHA branch has the fewest coins in circulation with so many coins likely to have been lost by being the minority fork of a minority fork. And with prices hovering around $15 a coin, I am seeing people buying them up in the thousands.

 

So what you guys think about BCHA? Are you going bullish or bearish on this one? I personally has BCHA on my portfolio for 2021 and for a long term plan

I have no idea what the future holds, but I can't help but think this could be an opportunity that doesn't come too often, an opportunity for a second chance at being a part of something special from the genesis of the project.

$BCHA

 

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the end

 

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ALSO IM GOING TO GIVE AWAY 0.1 BCHA TO THE FIRST 10 REPLY WITH BCHA WALLET ADDRESS 

 

Spread love not hatred

 

Credits and link

 

Inspired by Cain

https://coinmarketcap.com/currencies/bitcoin-sv/

https://www.binance.com/en/trade/BCHA_BUSD

 

pls no toxic reply

 

 

 

 

 

 

[Teminali69 1081]

Seems to me like Bitcoin cash is struggling to survive in the market nothing more, I mean this coin is a fork in the first place but then why it had to be forked even more?

[akidinho 4]

6 hours ago, Teminali69 said:

Seems to me like Bitcoin cash is struggling to survive in the market nothing more, I mean this coin is a fork in the first place but then why it had to be forked even more?

It was forked due to controversial coinbase rule, a proposed 8% tax on all miner profits proposed to go to a developer team. This proposal causing stir to the users of Bitcoin Cash. The community didnt agree with the idea and decided to fork the blockchain with one with 0% tax and other with 8% (BCHA)

already pumped 20% since i post this lol

[skynguyen 54]

BCHA also has benefits in my opinion. If a contribution of 8% can make the transaction cheaper and faster, that's also acceptable.

[Anshamaraam 327]

BCHA is going good . It will easily hit the price of BCH in 2021. But looking forward about BSV . That is just fluctuating  with small variation of coins. 

[Tanvir5556 1]

Described as innovative by Binance, BCHA has a unique funding feature called the coinbase rule, which reinvests 8% of each BCHA block reward to fund future network development. This funding model rewards the technical talent developing the network through predictable compensation (a salary), whereas BCH relies on a donation funding model instead.

[Zizu 2374]

Here is our Bitcoin Cash price analysis for April 2021! In terms of movement of the Bitcoin Cash price, 2021 has been a rather calm year. Since the hard fork, BCH has been relatively stable and the Bitcoin Cash 2021 price has been moving in the range between $494 and $575. Market volatility has dropped to a minimum, allowing to make a Bitcoin Cash price prediction of sustained sideways movement. That’s true for a longer-term Bitcoin Cash prediction, as well as for the short term. Hence, the Bitcoin Cash April forecast envisions the altcoin remaining in the same price range. However, in the event that BTC’s volatility spills over into that of the Bitcoin Cash price, April could look quite different. Watch the full video for a deeper look into the Bitcoin Cash price April 2021 forecast. And stay tuned for our next BCH price prediction to keep track of the cryptocurrency’s movement.

 

[PoKeMoN611 252]

Я считаю, что BCHA является хорошим дополнением в вашем портфель, что он перспективен на будушее.