WalletInvestor Bitcoin Cash Price Prediction for 2020, 2021, 2025, 2030. Walletinvestor says that long-term increase in BCH is inevitable. According to their forecast, the future value of Bitcoin Cash could reach up to $819. Their Bitcoin Cash price predictions for 2020 show growth from $208 to $362.Mar 20, 2020
Bitcoin Cash (BCH) Price Prediction 2020, 2025, 2030
Within 2 years, Bitcoin Cash has proved to be a good investment, reaching 5th position among all cryptocurrencies according to Coinmarketcap. As a prosperous Bitcoin fork, BCH is predicted to further grow. However, before we delve deep into Bitcoin cash prediction, let’s throw a glance at its history.
What is Bitcoin Cash (BCH)?
Bitcoin Cash is a hard fork of Bitcoin. It appeared in August 2017, caused by a decision of a group of influential miners, developers, investors and users, who were against the SegWit2x consensus. Nowadays, it is a P2P decentralized payment system. The idea of BCH is for it to be a “coin for everyday transactions”.
The developers of Bitcoin Cash decided to change the block size in order to enable a greater number of transactions and improve the scalability of cryptocurrency. They therefore increased it from 1MB to 8 MB.
After its creation, BCH quickly became popular. Almost 1,500 blocks were created within a month. Mining pools such as Antpool and ViaBTC recognized this cryptocurrency and routed high volumes of hashrate to mine BCH.
There's a very bright future ahead of BCH. I hope I'll be a partaker of BCH investments