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Bitcoin Cash or Not?

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BCh is only a copy of Bitcoin plus faster transaction speed and no more. After the fork BCH has returned to its price when it was forked from Bitcoin in 2017, now we have SC and ABC and ABC is being more support than SV

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Both Bitcoin Cash versions are among the best coins on the market. They occupy 4th and 5th ranks in terms of capitalization (look at the picture below). Investing in them is as safe as investing in bitcoin and ethereum. They may not be as profitable as ETH but they have enough fluctuations to give you some profit at least once per week. Mining BCH is also easier than bitcoin and it is considered as a medium coin in terms of mining difficulty. BCH is a coin that deserves to be included in everyone's portfolio for both short term and long term.

 

 

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18 hours ago, valenteeno said:

and what did you expect from it? did you agree with or support Roger Ver's (cryptoanarchist) vision?

I don't agree with theories, we need it to happen in reality, and we have not seen any changes from it, the price is even low compared to bitcoin

 

17 hours ago, wilbertson said:

I agree with you that it has not done anything to fix the problems of Bitcoin, and this coin does not have much to promise for The future.

It seems to be like that, it won't stay for a long time and it will just become a history

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11 hours ago, Kchudi02 said:

BCh is only a copy of Bitcoin plus faster transaction speed and no more. After the fork BCH has returned to its price when it was forked from Bitcoin in 2017, now we have SC and ABC and ABC is being more support than SV

yeah ut seam to has lost most of its worth since tge rise of tge bitcoin, do you guys think we might posibly see that it regains that very value any time soon, with this current price values of bitcoin fluctuating at a low rate, i just hope the price increase because if i sell now i am at lost too

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19 hours ago, wilbertson said:

I hope so for the sake of those who have put too much trust in this coin, i

coin, right now it is one of the top ranked coins, but like you and I Know this coin has not brought us anything new and people are starting to ditch it.

Yea, some People have already lose hope in cryptocurrency and this isn't right at this moment, but we can still invest at least it has a good volume

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16 hours ago, alex72 said:

Though Bitcoin cash is a very good Crypto but I prefer bitcoin. because if bitcoin's price get down or raise up, Bitcoin cash also. This is why it would be better for everyone to directly use bitcoin.

Yea, we all have choice of coins and bitcoin cash is a good option as well, you can invest in this coin without having any problem with your investment

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I think as an alternative on the bitcoin, we know it's the Bitcoin cash, as one if the girls of the Bitcoin network, as we know we have the the abc bitcoin, the sv Bitcoin. As this bitcoin forks are good in their values when especially they are forks of the bitcoin. Bch I think will have it's moments of dominance

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I do my all investment depending on the bitcoins. All the projects with the btc is quite trustworthy and profitable. And i trade with bitcoins and earn quite well also. But Bitcoin cash is totally a new thing to me. Because i never did any tradings and investment with the currency. So Maybe i intend to know more about this and i hope i can do my tradings with btc cash one day. 

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On 4/1/2020 at 11:17 AM, nayon89 said:

I didn't use this Bitcoin cash. I don't have any idea about that coin? Did you ever use this coin? How good is this as a coin? Has it the same value like bitcoin? Could you please tell us more about bitcoin cash?

It is simply a currency that results from the division of my father, which happens to Bitcoin every period of time. As for the market, it is a good currency and it has risen well in the past years and has a great future according to my opinion.

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On 6/5/2020 at 7:37 PM, iloveyobit said:

It is simply a currency that results from the division of my father, which happens to Bitcoin every period of time. As for the market, it is a good currency and it has risen well in the past years and has a great future according to my opinion.

As you said, BCH is good and progressive cryptocurrency but some people are still pretending BCH as a real and original Bitcoin which I believe utterly a lie. Father BTC is father and it is the real and first cryptocurrency in this world. 

  • +1 1

 

 

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this is true that Bitcoin cash have a good value when it's jounery started in Market , I think we should be buy some coin of Bitcoin cash also , Because there is higher chance that its price touch a amazing price in future .

  • Useful or interesting 1

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6 hours ago, Whited35 said:

As you said, BCH is good and progressive cryptocurrency but some people are still pretending BCH as a real and original Bitcoin which I believe utterly a lie. Father BTC is father and it is the real and first cryptocurrency in this world. 

Yes, you are right for the Bitcoin community. Cash believes that the currency is the real Bitcoin due to the gains made by the currency, but the current bitcoin price shows us that it is the original

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Bitcoin Cash isn't as bad as Bitcoin SV, but it's still a weak attempt at a cash grab (it's made some people wealthy) with nothing real to add.  Tweaking a few parameters isn't enough of a reason to make a whole new chain and pretend to be the "real" bitcoin.  Other projects have done far better to add something of value.

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Bitcoin cash is a very good bitcoin fork, I like it during bull run, it always have a good response during such time together with ethereum. So, holding it is good. 

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On 4/14/2020 at 3:44 PM, Brushless4500KV said:

If these misconceptions could be solved, bitcoin cash could grow much more than its current value today and could seize a considerable amount of market cap.

Bitcoin Cash has not progressed as expected. While there are merchants that use it, still it was expected to have been adopted way more. It has cheap transactions and it is fast, but in the past its network has been 51% attacked successfully and this creates code-trust issues. I'm expecting to see more from BCH though and won't avoid using or reading about it as Bitcoin maxis are. It does have a good concept and seems to have been correct about Bitcoin moving away from the micro transactions and electronic-cash narative.

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I only use bitcoin not bitcoin cash and the reason it's because I find bitcoin to be more profitable for investments and widely used than bitcoin cash.

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Bitcoin Cash is less popular compared to the bitcoin currency, as few people use this currency, and its price is also low compared to the bitcoin price, so many people do not use or store this coin as they do with the bitcoin currency.

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bitcoin cash was created by greedy people who wanted to have control over bitcoin and as they were unable to have control over bitcoin they created bitcoin cash to destroy bitcoin, but fortunately these people were unable to destroy bitcoin

  • +2 1

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I think it is worth trying this coin. Due to its low cost, popularity can rise. Due to the popularity, the price of the coin will increase, thanks to which we can earn money.

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As far as I can remember, it is a subcurrency of the base Bitcoin, which was acquired by everyone who held the bitcoin . And we noticed that its price is unstable, as it rises and falls very quickly, but most likely with the movement of basic Bitcoin


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No I dont used it. I got some free bch and immediately sold it. Because what it this fork btc for what? Yes it's faster,secured,and else better than BTC but people want to have original coin.

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Currently, Bitcoin is the highest value cryptocurrency on the market. While other cryptocurrencies try to overtake Bitcoin and diminish its dominance in the virtual currency sector, only few have come close. However, Bitcoin Cash could be the exception, due to the difference between the two cryptocurrencies!

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I never liked Bitcoin Cash because I think that it is a centralized currency that the pools are of few people who distribute the hashes of the network. Maybe save a little for the future but nothing serious.

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i like bitcoincash more than bitcoin because to be honest bitcoin is not working anymore. it is just a tool for keep our money safe but it is not best way to transfer your funds because it has giant fees. users who send small ammount of my should use bitcoincash 


 

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The published minutes of the BoJ meeting show that most board members took a "hawkish" stance, calling for a rate hike.   However, many analysts believe that the Bank of Japan will take only one such step in the second half of the year. The last chord of the past five days sounded at 155.75. Economists at Singapore’s United Overseas Bank Limited (UOB) expect the USD/JPY pair to trade in the 154.00-157.20 range in the next 1-3 weeks. UOB also believes that the chances of it falling to 151.55 have significantly diminished. Overall, most experts (70%) simply shrug their shoulders in uncertainty. The remaining 30% persistently expect the yen to strengthen. As for technical analysis, 100% of trend indicators on D1 look north. Among oscillators, 50% are such, 15% point south, and 35% point east. Regarding support/resistance levels, traders should note that with such volatility, the slippage can reach many tens of points. The nearest support level is around 155.25, followed by 154.70, 153.90, 153.10, 151.85-152.25, 151.00, 150.00, after which come 146.50-146.90, 143.30-143.75, and 140.25-141.00. Resistance levels are 156.25, 157.00, 157.80-158.00, 158.60, 159.40, and 160.00-160.25.   Events of the upcoming week include the release on Thursday, 16 May, of preliminary GDP data for Japan for Q1 2024. No other significant publications regarding the Japanese economy are expected in the coming week.   CRYPTOCURRENCIES: A Week of Reflection and Uncertainty     What will happen to bitcoin in the foreseeable future? It seems there is no clear answer to this question. Experts and influencers often point in opposite directions: some shoot for the stars, while others keep their eyes on the ground.   For instance, according to the founder of Pomp Investments, Anthony Pompliano, bitcoin is "stronger than ever." He concluded this based on the 200-day moving average (200 DMA) reaching its ATH (All-Time High) of $57,000. Michael Saylor, CEO of MicroStrategy, is also optimistic. In his latest message, he urged investors to "run with the bulls." (It should be noted here that MicroStrategy holds 205,000 BTC on its balance sheet, so Saylor's bullish calls are quite understandable. He simply has to do this for his company to profit rather than incur losses).   However, analysts note that bitcoin's fate depends not only on the rosy calls of the MicroStrategy CEO. And if buyer support weakens, BTC could break through the key support level of $61,000, falling to the $56,000 zone, where significant liquidity is concentrated. MN Trading founder Michael Van De Poppe does not rule out another correction to around $55,000. However, the specialist quickly reassures investors, stating that this is quite acceptable as long as bitcoin holds above $60,000. Anthony Pompliano believes that the price will not fall below $50,000, and another expert, Alan Santana, does not rule out a drop to $30,000.   Trader and analyst Rekt Capital believes that the first cryptocurrency has exited the post-halving "danger zone" and entered the initial phase of re-accumulation. According to this expert, in 2016, BTC demonstrated a long red candle after the halving, falling by 17%. This time, the pattern repeated, with the difference between the post-halving maximum and minimum being 16%. The price reached a local bottom at around $56,566 but then rose to $65,508, on which Rekt Capital concluded that it re-entered the "re-accumulation range." However, there is one "but" - after this, we again observed a drop to $60,175. Overall, it seems that BTC/USD is in a descending channel, which increases investor concern.   In general, the forecasts are quite diverse. Information on the activity of various categories of traders and investors also varies. Analyst and CMCC Crest co-founder Willy Woo noted the activity of so-called crypto dolphins and sharks. "There has never been such a rapid purchase of coins by wealthy holders as in the last two months when the price fluctuated between $60,000-70,000. We are talking about those who hold from 100 BTC to 1000 BTC or approximately $6.5-65 million," he explained. On the other hand, according to CryptoQuant analysts, whales holding from 1000 to 10000 BTC, unlike dolphins and sharks, have behaved quite passively. Michael Van De Poppe, for his part, notes the absence of retail investors.   All this suggests that we may not see new all-time highs for BTC in the coming months. We wrote about this in the previous review, citing, among other things, the opinion of such a Wall Street legend as Factor LLC head Peter Brandt. With a 25% probability, he assumed that bitcoin had already formed another ATH within the current cycle. As for long-term forecasts, nothing has changed here - most of them predict a powerful bull rally for bitcoin. Anthony Pompliano writes about this. Willy Woo expects bitcoin to continue increasing its penetration into various spheres of everyday life, meaning the number of users will grow. "By 2035, we expect bitcoin's fair value to reach $1 million. This forecast is based on the user growth curve. And I'm talking about fair value, not a peak during a bull market frenzy," the analyst notes.   The author of the bestseller "Rich Dad Poor Dad," entrepreneur Robert Kiyosaki, once again included bitcoin in the TOP-3 ways to save and increase capital. "Bad news: the [currency market] crash has already begun. It will be severe. Good news: a crash is the best time to get rich," he wrote, offering several recommendations on how to act in a crisis. Let's note two of them. The first reads: "Find an additional source of income. Artificial Intelligence will destroy millions of jobs. Start a small business and become an entrepreneur, not an employee afraid of losing a job." "Don't hoard fake money (US dollar, euro, yen, peso) that is losing value. Hoard gold, silver, and bitcoin - real money whose value increases, especially in a market crash," is Kiyosaki's second recommendation.   Regarding bitcoin's growth, Kiyosaki is absolutely right; it's even pointless to argue. According to a study by Colin Wu, better known as WuBlockchain, over the past decade, the price of the leading cryptocurrency has grown by an astonishing 12,464%, outpacing giants like Amazon, Apple, Google, Meta, Tesla, and Netflix. BTC was second only to Nvidia (+17,797%). But the fact that bitcoin took second place, being a representative of a relatively new and volatile market, is a real achievement. BTC's impressive growth trajectory over the past decade demonstrates its resilience and potential as an essential component in investors' portfolios.   At the time of writing this review, on the evening of Friday, 10 May, the BTC/USD pair is trading at $60,470. The total market capitalization of the crypto market is $2.24 trillion ($2.33 trillion a week ago). The Crypto Fear & Greed Index has risen from the Neutral zone (48 points a week ago) to the Greed zone, now standing at 66 points. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
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