Bitcoincash is still relevant amid the crypto crisis.

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Avatar for George_Dee
1 year ago

The market has been in an unfavorable state for quite some time now, the bear trend in the crypto verse has exposed the credibility of numerous crypto projects. While some holders were able to get out of some projects with part of their investment before it crashed, some didn't get out of it with a penny.

The real purpose of many projects was revealed and amid all the chaos, Bitcoin Cash stood its ground. I was having a conversation recently with someone about crypto and the moment I mentioned Bitcoin cash, he said hasn't it crashed?

He said the price is completely down and it would be a wrong investment for anyone at the moment because they might lose it all in the end if the market does not recover.


I made him realize that BCH's price is down just like every other coin but Bitcoin Cash is still more relevant than any other crypto despite the crash in the price of all coins.

He asked how is BCH more relevant despite the chaos in the crypto-verse?

I remembered saying something many months ago, I asked a question which was "what will happen when the crypto-verse isn't about making profits anymore?"

The thought came up when I was looking at the price of some coins, I said to myself that these prices can't be going up every day. I knew a time will come when we will be stuck at a fixed price for a while just like it is happening now.

It (coin prices) will definitely not be like this forever but while things are still like this, is your favorite project still relevant?

The world is obsessed with the profit the crypto verse can give you in a twinkle of an eye, it is very okay because no human doesn't want to make money but how valuable is that profit when we have to lose a bigger percentage of it to inflation after converting to fiat.

The real purpose of crypto is to eradicate the dominance of fiat and its lords but that will never be possible until we embrace the right project to get the job done for us.

Bitcoin cash has proven to be what the world needs as a means of payment, its potentials remain intact regardless of what the price says at the moment. Unlike many projects that have been abandoned due to the market price at the moment, Bitcoin Cash is still thriving because of its abilities aside from helping you make profits.

It would still interest you to know that BCH remains a currency that is accepted in exchange for goods and services across the globe. I accept it for my business and it made transacting very easy for me, Bitcoin Cash was able to rectify the issues every business owner faces in my country which is a delay in processing a payment by the banks.

Delayed payment is one big issue here, banks' transaction takes a lot of time to deliver but with BCH, things are completely different.

The Bitcoincash transaction fee hasn't changed, and the processing time is still as good as ever.


Bitcoin Cash could have been just like every other coin that doesn't have any use case especially now that the market prices are down but it is the other way round because it is making life very easy for merchants or traders who accept it.

I am a happy merchant with Bitcoin Cash.

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1 year ago

Comments

bitcoincash will never crash. more robust and better than other cryptos

$ 0.01
1 year ago

Same thoughts. I think the BCH will rise up again so we should continue supporting it no matter what happens.

$ 0.01
1 year ago

That's right, BCH needs our support always.

$ 0.00
1 year ago

definitely . bch will take flight again

$ 0.00
1 year ago

It has lots of potential that would keep it relevant forever.

$ 0.00
1 year ago

and I hope everyone realizes that

$ 0.00
1 year ago

Bitcoincash will soon skyrocket to the mean. I have a strong belief in bch.

$ 0.01
1 year ago

It will definitely increase in price and even when the market dips, it use case won't be taken away.

$ 0.00
1 year ago

I don't think Bitcoin can ever crash it can only go down for a while because it's a market And I know it will rise up back at anytime

$ 0.01
1 year ago

Sure it will.

$ 0.00
1 year ago