Will bitcoin cash continue to grow?
With bitcoin cash at it peak of $700 dollars will it continue to grow yes that is my opinion with these reasons :
1 faster transaction
2 low transaction fee
3 mining profitability
Buy some now happy Trading....
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This can be said about almost any alt-coin.
The big hope for Bitcoin Cash now is that a lot of miners, blinded by the possibility of increasing their short-term profitability, will defect Bitcoin and start mining for Bitcoin Cash instead. That would be very bad for Bitcoin, and Bitcoin Cash would be the new king of the hill.
I don't buy that narrative, it will take years until Bitcoin Cash can achieve 4000 USD market price, just a flippening will cause disruption and lots of money leaving crypto in general. It will be a big loss for the miners, hence the bigger pools will most likely not support Bitcoin Cash with significant mining power.
Well, one of the largest pools already has 112P to Bitcoin Cash ,which is more than 30% of the total hash power of the pool - https://pool.viabtc.com/
My opinion for what it's worth : ) How many people accept BCC and how many accept BTC as payment ? How many ATM machines payout in BCC ? How many exchanges deal in BCC ? There are few coins that have a real use, BTC is number one for acceptance and usability ! Greed always influences short term investors and some miners I am sure fall into this same thinking. Also, putting too much uncertainty in BTC again just after this last fork could lead to a major set back in the growth of the total market cap for all coins, is this what they really want to chance ? Enough said !
I however think only a pump and will be short lived.
That too. The mining revenue can only be sold several days after the mining took place, so switching hash power to Bitcoin Cash is a gamble that the price will stay where it is - and if I'd been a gambler, I'd been shorting Bitcoin Cash right now.