Why we need to pump Bitcoin Cash price

We have seen lot of ups and down with the price of Bitcoin Cash. To its all-time high three years ago to its all-time low. At the time of this writing, Bitcoin Cash is trading at $718 and currently ranked 9th in the top ten coins by market capitalization.

Bitcoin cash was created to solve the scalability issue of Bitcoin. Bigger blocks means more transactions can be accomodated on the blockhain network. This will result to faster transaction and lower fees. This was proved this month when Bitcoin Cash flipped Bitcoin by daily transactions.

Those transactions still have lower fees. Unlike when Bitcoin network get congested, you needed to pay more so that your transactions will be prioritize by the miners.

Macro or micro, Bitcoin Cash will not robbed you by its transaction fee.

So why do we need to pump Bitcoin Cash price?

Bitcoin Cash goal is to be the digital payment system of the world. With its fundamental (low cost, fast transaction, reliable, secure) we know it will, But what is price have to do with this?

Bitcoin cash is known to be a hardfork of bitcoin. This means it is finite. Like Bitcoin, it has a limited count of 21million coins wherein it can be mined until 2140, not including those coins that are lost.

According to statistics, the total population right now around the globe is 7.8billion and it will grow as time goes.

To be able to achieve the goal of Bitcoin cash, we need to hardly pump its price to accomodate those numbers. It is estimated that the population will grow to 9billion in 2040.

With Bitcoin Cash price right now, one person can just get 0.16 dollar worth of bitcoin cash.

Total cap x BCH price ÷ total population 2040

Computation is based on 2040 population not 2140

Feel free to correct me. I'm not that good in numbers. 😆

How can we pump the price?

Spreading bitcoin cash awareness

Invite people and teach them the fundamental of bitcoin cash. I know that not all will be able to adopt, at least we have tried.

I've seen so many people on this platform trying all they can to contribute on this mission and I hope that they won't get tired from doing this.

We have recently seen how powerful spreading awareness can pump the price when Mr. Kim Dotcom created the site whybitcoincash.com.

Spend, replace, and earn

There are many ways to earn free bitcoin cash like this on read.cash, noise.cash (thanks Marc), lazyfox.io and others.

There are a total of 900 bitcoin cash that can be mined per day. I'm encouraging everyone to buy if you have the spare and take it away from exhanges. Hold. Think of it as long term investment. Maybe not now, but your children or grandchildren will thank you later for doing this.

Onboard merchants, there are a lot of benefits you can get when a merchant onboard on bitcoin cash. Its not about how effects its price but it will just show that we can use bitcoin cash on a daily use. Btw, if you wanted to earn while onboarding merchants, check out https://read.cash/@BitcoinCashSite/bitcoin-cash-1m-100-bch-in-prizes-up-for-grabs-73156133

Let us all make this goal come true.

Ps: sorry for the not so tidy article. I'm a little drunk right now.