Why Bitcoin Cash (BCH) will succeed

The average transaction fee of Bitcoin is $8 and Ethereum's average fee is $10, compare that with Bitcoin Cash which is less than a cent. Imagine trying to buy a coffee from a coffee shop for $5 and getting to pay a fee that's higher than the coffee, how does that feel? It doesn't feel right.

The Bitcoin transaction fee is very high and transaction speed is slow and would most likely reduce its adoption in the future. I usually pay my NameCheap hosting with Bitcoin previously until I realised that the Bitcoin fee had become very expensive, tried there but it wasn't a good option anymore then I had to stick with Bitcoin Cash, why? Because the fees were too cheap to resist. I mean you can try it yourself. Try to send Bitcoin, Ethereum, and Bitcoin Cash to see which has better fees and transfer speed.

The ability to send money anywhere in the world for less than 1 cent is just mind-blowing. Another clear reason why the Bitcoin Cash market cap would be higher than Bitcoin Cash in the near future is because businesses would lose profit paying the Bitcoin fee and no customer would want to pay the high fees. As humans we want faster and cheaper transaction we will always want to get the best deals: This is the same reason website that decides to pay with cryptocurrency might not choose Bitcoin in most cases.

RogerVer the CEO of Bitcoin.com also believes that Bitcoin Cash is going to have more market cap than Bitcoin in the future. In the future, we should expect to see more cryptocurrency POS and ATM available on the streets and owned by the business, but most especially we should expect the Bitcoin fees to keep growing if its blocksize never gets increased from 1 MB, compare that to Bitcoin Cash which its block fee is 32MB.

The transaction fee becomes a problem when it starts getting too high. If cryptocurrency POS is used in Businesses to make normal purchases like we use our credit card today then Bitcoin and Ethereum might not be a good option for merchants or customers.

The transaction confirmation time of Bitcoin can last up to 3 days. I am speaking based on experience this happened to me and led to big frustration, 0 confirmation for 3 days (72 hours) after paying $0.5 for a $10 transfer in the past. I would call that a bad user experience and Bitcoin user experience need to be fixed if you expect mass adoption. This would make Bitcoin Cash become an easy alternative for businesses, customers, POS, and ATM. Online stores would also see a reason to integrate Bitcoin Cash knowing it's a cheaper and more popular alternative to any of the top 5 cryptocurrencies out there on the market.

Another thing I would like to talk about that would increase the market cap of Bitcoin Cash in the future is the Bitcoin Cash adoption project that is currently in development now and would likely have a mass effect in a few years. They have been many flipstarter projects/campaigns that are aiming to achieve Bitcoin Cash adoption in 2021 that have already been funded, lets hope they carry out their plans and it turns out to be a success.

Also community like read.ca$ can also play an important role to help push mass adoption online in the next few years, just the way steemit helped increase steem value.

People don't understand the opportunity behind Bitcoin Cash and say they have missed the Bitcoin train not knowing another "Bitcoin" is under their nose, but it's undervalued because many people haven't seen it yet. It's about $400 for 1 BCH and doesn't cost a fortune to buy, I am a bit more comfortable to buy BCH for $400 which I know is cheap now than buy a cryptocurrency with the fear of missing out which might turn out to be a bad trade.