When is BCH gonna catch up to BTC?
Today I saw this post about the BCH price. You can tell that this echoes a lot of the frustration in the BCH community. It's hard not to experience some FOMO when looking at the BTC price. To respond to this I'd like to offer my prediction for 2021. BCH was waiting for the day when major retailers (Amazon, Walmart, etc) start to accept crypto. But Now Elon Musk Agrees That Bitcoin Cash Has Certain Advantages Over Bitcoin
How Bitcoin Cash (BCH) will go to $5,000 in End of 2021?
You constantly hear on crypto subs how the fed is printing crazy amounts of money. Now for the time being this is OK because growth is slow. However, when we get out of this COVID slump my prediction is people are gonna spend, spend, spend on all the things they missed out on this past year like travel, concerts, restaurants, etc. This sudden jump in growth will cause price inflation to quickly catch up with the monetary inflation everyone has been complaining about because - let's be honest - the fed is never going to raise rates at this point.
When price inflation hits every business out there is going to think long and hard and whether or not they should keep excepting US dollars and look for alternatives. If this happens and if BCH is positioned well, it's gonna see massive gains.
Hang in there, people. BCH's best days are still ahead of us.