Bitcoincash is not making improvement over the last 6-7months although the market is generally affected by the fall the Bitcoin it self and this as affected alot of investors including all those who transact with Bitcoincash on a daily basis.

The fact that the price of Bitcoincash rised above $2000 about three years and also the dip in the year before when Bitcoincash dropped from $1500 to $77, this imaginary drop although allowed many to Change their coin to Bitcoincash and many stopped investing in Bitcoincash or even swapped it out to other altcoins.

What do I have to say about the price of Bitcoincash and the fate of Bitcoincash.

" I am not an expert or even some who knows much about the price system of cryptocurrencies, but I guess Bitcoincash is facing some challenges because of the fall in the price of Bitcoin and the other follow it lead"

The above information is my suggestion about what is mainly affecting the price of Bitcoincash.

Bitcoincash Is supporting alot but also needs support but what would happen if Bitcoincash goes below $100 again or even below $200 and what would become of those projects that are supported by Bitcoincash, would the poor die and those flipstater die???

The low the price, the more investors restrain their ends from supporting flipstater campaign, supporting Bitcoincash nodes and other projects.

I have a special question for a supporter of Bitcoincash:

@molecular , I want to use this opportunity to ask you that "you said you would keep supporting Bitcoincash projects if there is no IFP tax placed in it, but about if Bitcoincash goes below $100 again would you keep supporting the project or just restrain your help from Bitcoincash projects"

The problem the fall in the price of Bitcoincash has caused.

Writing this article made feel sad cause I can't really remember when last I was sad and checking how Bitcoincash falled with the down rate around -52% ($625>$274)

This reminds me of the rise in exchange rate from dollars to naira but the fact that cryptocurrencies inflation and money inflation are different doesn't mean we can't relate what is happening.

• Projects are about to shutdown: checking most smartbch projects, most projects although fixed a price for minting for example joybots it self, joy bots accept it native token for minting price and the formal price which is $30 about 0.1bch as at when the projects started but now you have to mint with only joy tokens (500 joy), and that is about $115 the project swapped to joy because of the flaunting price of bch.

• Many flipstater ends with getting full donations and they either get 1/5 of the donation required and the project may later become stagnant.

• The shock the mind of many investors, it is not new to investors about the fall the total market but it is a shock to me.

Conclusion.

I got sad after his article.

All information in this article carries facts and more information about the topic and all materials used in this article are mine unless stated other wise.

The information are free from erotic contents and all the information are used for promotion of cryptocurrencies.