Bitcoin Cash - The insanely bullish case - 200 Trillion dollar market?🤑

What's up everyone today we're going to be talking about bitcoin cash symbol bch before we get into bitcoin cash let's talk about bitcoin bitcoin was created in 2009 on august 1st 2017 bitcoin had its first fork the community split in two one of them became bitcoin core or btc and the other one bitcoin cash bch so today btc is priced at 55000 per coin and bch is priced at 715dollars per coin one of the biggest issues that these two communities had was the block size so let's have a look at the block size btc's block size is one megabyte and bch's block size is eight megabytes so now i'm sure you're asking yourself what the hell does all of this mean so before we do anything we need to look at something else i know it's all confusing there's something called the white paper first document that outlines the principle of cryptocurrency and it was released back in 2008.remember bitcoin was created in 2009.this is the first line in this white paper a pure lypeer-to-peer version of electronic cash so what is peer-to-peer electronic cash it's buying groceries it's also to refuel your car so let's get back to this one megabyte and eight megabytes story what does it actually mean the smaller the block size the slower the transactions there's also been a story about this guy back in 2017 before the creation of bch that had to wait four days to get confirmation four days that is truly insane let's talk about transaction fees as you can see btc's transaction fees are increasing and are now through the roof you can see bitcoins btc's average transaction fee is now over 25dollars if you look at bitcoin cash yes this is still in dollars you'll see that it's not even 0 1it's 0.01 dollar so the transaction wise it's like 100 times cheaper is is bch gaining momentum is it really gaining momentum check this out this chart shows you the transaction per day and you'll see that since mid-december 2020we've had these transactions go through the roof look at that almost 300 000transactions per day really insane stuff really showing you that there's this huge growing momentum happening now what's the target market for btc what's the target market for bch let's check it out let's first start with btc so the community is always saying hold hold don't sell hold so what's the point of btcs they're basically gold they're going after the gold market which is a7 trillion dollar market let's do this fun exercise the total supply of bitcoin is 21 million if 7 trillion is the value of the total gold market then 7 trillion divided by 21 million is333 000which means that there's a 500 upside if this theory would be true now let's do the same exercise with bch so bch is cash it's just cash so how much cash is there worldwide 200 trillion dollars yeah yeah that's right 200 trillion dollars so this bch has the same amount of supply as btc it's also 21 million if the actual total market is valued at 200trillion dollars and there's 221 million bchs so it would give you a price of 9.5million dollars per coin this would mean that million percent upside more than a million percent upside who knows why not let's have a look at some charts so since september we're up more than 200 percent you can see that the price has been gradually increasing is there still room to grow well look at that this is btc it's at an all-time high it's at 55000 and this is bch it's not even at 20of its all-time high you can see it right here was at almost four thousand dollars and here we're not even at a thousand dollars so we've seen together that bch is cheaper it's faster and is actually practical so my final thoughts on this i think the btc and the bch community should come together it's gonna happen eventually if you guys enjoy the content it would really help me out if you would subscribe like or leave a comment below that's all i have for you thanks for reading.