Blockchain Bitcoin Cash Value Declining - Why is the value of bitcoin cash declining?
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There's a lot of buzz around cryptocurrencies and the underlying technology, the blockchain. People are talking about how bitcoin and other currencies shouldn't be considered risky investments, or how JPMorgan might start utilizing cryptocurrency technology in their financial systems. But one thing that is frequently overlooked is why the value of bitcoin keeps decreasing. And more importantly, why are alternatives such as BCH doing worse? To understand why is to understand the function of cryptocurrencies.
#Bitcoin_Cash_has_never_been_as_popular_as_the_original_version_of_Bitcoin.
1.It's a relatively small community of developers, miners and investors who support it.
2.There are no major businesses that accept Bitcoin Cash as payment, although there are some smaller ones who do.
3.Bitcoin Cash has no significant technological innovations over Bitcoin that would make it a better currency than the original version of Bitcoin.
4.It's just a "hard fork" of Bitcoin, which means that users can still use their Bitcoins if they want to do so but also use their BCH tokens for transactions if they prefer to do so instead of using BTC tokens for transactions on any given day or week or month or year (or whatever).
#Bitcoin_has_more_____developers, a more established history and is more well-known by investors.
Bitcoin is the most popular cryptocurrency, but it's not the only one. There are more than 1,500 different cryptocurrencies out there, with new ones being created every day.
Here's a breakdown of some of the main differences between Bitcoin and Ethereum:
Bitcoin has more developers
Bitcoin has been around longer than Ethereum and has a larger number of developers working on it. This means that Bitcoin has a more established history and is better known by investors.
Ethereum has faster transactions
Ethereum transactions take roughly 12 seconds to process, while Bitcoin transactions take around 10 minutes. This makes Ethereum a much better option for day traders who want to buy and sell quickly without having to wait long periods of time for their trades to clear.
#The_Bitcoin_community_remains_divided_over_ho_to_move_forward_with___scaling_the_network.
A division has emerged between two camps who are proposing different solutions that would increase bitcoin's throughput. One group, which supports Segregated Witness (SegWit), wants to see the network implement SegWit as soon as possible, while another group wants to see a hard fork occur first before SegWit is implemented.
"The current impasse between miners and users is unlikely to be resolved any time soon," said Garrick Hileman, head of research at CoinDesk Research. "It is difficult to predict how long this stalemate will continue."
The debate has been ongoing for some time now and has resulted in several proposals from both sides, but nothing has gained enough support from both miners and users so far.
#It_is_difficult_to_predict_the_future_of_values_in_cryptocurrency.
In my view, this is not a bubble and will continue to grow.
The main reason for this is that cryptocurrencies are becoming more and more popular. They are accepted by many people as a means of payment, which makes it possible to buy goods and services with them.
I think that in the future there will be more investors who want to use cryptocurrencies as an investment tool in their portfolio or as a means of saving money.
It's hard not to notice that there are fewer traditional investors among those who have bought cryptocurrency than among those who do not own any tokens at all. This means that the number of investors will increase in the future, even if it does not increase by much.
#Despite_recent_concerns_about_price, long-term trends are generally positive.
The average rent nationwide is now $1,420 per month, according to the National Apartment Association (NAA). That's an increase of 5 percent over 2017, but still below the peak from a decade ago.
The same is true for home prices. The NAA says the national median price for a one-bedroom apartment is $1,157 per month — up a modest 2 percent from last year. But it's still below its peak from 2007.
#Takeaway: The Blockchain Bitcoin cash value may fall, but there are many factors that might keep it rising again.
It's true that the value of Bitcoin Cash is declining, but that doesn't mean anything about it's viability as a currency. If you look at the global economic picture, you will see that some currencies are declining too, right alongside Bitcoin Cash. In fact, almost all of them are. That doesn't mean they're not viable and worth using. For example, the US dollar has lost nearly 70% of it's value in the last century, but people still use it all over the world. The same applies to BCH and other cryptocurrencies; regardless of whether the price goes up or down, other people will continue to use and accept them for transactions.
This is strictly the news that you wouldn't want to hear from a bitcoin cash enthusiast. No one wants to see the currency lose its value like this. If there are no fundamental changes being made, especially in the software and mechanisms of introducing new coins into the ecosystem, chances are good that it might not gain its value back anytime soon. Another promising solution is price manipulation. This is done by pointing a lot of bots working with different IP addresses in your direction. The value might look very tempting but it should be noted that this is not an actual market price. It just looks like because someone intentionally creates these spikes. Therefore, when you are reading the news or any articles cautions you about why bitcoin cash value is going down, it's best to take their advice and not sell your assets yet because it will go up again.
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