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RE: Bitcoin Vs Bitcoin Cash Side By Side
Everyone was saying Bitcoin Cash would go to 0, yet here we are at $1000, just saying.
Everyone was saying Bitcoin Cash would go to 0, yet here we are at $1000, just saying.
I'm honestly not the biggest fan of either BTC or BCH. I feel like the price action of both is illogical especially BCH. At least you can make a good argument that BTC has the brand, the ATM's, the fiat exchanges, the track record etc.
BCH is just another alt coin, with crappy old technology compared to more modern competitors. It makes no sense for it to be worth even remotely close to what it is right now.
That said I usually make the wrong moves when it comes to buy/sell/hold so don't listen to me lol. I have no BCH but obviously would be better off right now if I did.
bitcoin cash has a 6 billion market cap coshin from the hard fork that means its real market cap is about 9 billion at the moment a very very far cry from bitcoin. BCH offers nothing in terms of a better system then bitcoin in fact its not months ahead of bitcoin in mining capacity once the correction is made the miners will leave as there will be no profits again leaving BCH very susceptible to attacks. Also remember the block chain that's supports by ATMs and systems around the world is BTC not BCH. Its far to much to risk to go to BCH this is just an influx to the possible hard fork coming on the 13th come the 14th we will really see where things stand. I have a strong feeling its still all in BTC
One other major note I just thought of, How do you buy Bitcoin cash? well with bitcoin! I don't know of any markets yet that offer $ to BCH yet
I still believe it will not be major alt coin in future .