23 reasons why Bitcoin Cash is undervalued

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Avatar for Maxwell10206
3 years ago

Why is it undervalued?

1) It is the most hated coin by crypto elites on social media.

2) Ranked #1 as most undervalued on https://www.coinfairvalue.com/

3) Many Bitcoin OGs like Roger Ver, Gavin Anderson like BCH.

4) Google "Bitcoin scaling debate" for your own DYOR. BCH has the most interesting cryptocurrency history ever and it is truly the underdog in this fight. There were many failed attempts to get Bitcoin to upgrade to bigger blocks. Bitcoin XT and Bitcoin Unlimited tried for years to get bigger blocks on Bitcoin but failed because the powers that be refused to progress. The tension was heated for years until the community finally split creating BCH as a result!

5) BCH has 0-conf transactions and sub penny fees so it is commerce friendly. If you think cryptocurrency is meant to be used then don't skip BCH!

6) BCH is on every major exchange and platform. Coinbase, PayPal, GrayScale, etc. Etc.

7) Bitcoin miners like BCH and big blocks, and has historically protected BCH during forks.

8) Brian Armstrong once supported Bitcoin big blocks when switching from Bitcoin Core to Bitcoin XT on Coinbase many years ago. But was attacked for doing this and switched back to Bitcoin Core...

9) I suspect many Bitcoin OGs secretly support BCH but are not vocal about it to avoid being attacked on social media.

10) Easy to use wallets like Bitcoin.com are available for sending BCH with a couple of clicks.

11) Just send BCH to yourself between a few wallets and be amazed at 0-conf and low fees and be amazed!

12) BCH has the potential to over take BTC in the best case scenario or worst case, it will co-exist with BTC because BTC lacks cheap, fast, and reliable transactions which BCH excels at.

13) Vitalik Buterin my favorite homie is sympathetic towards BCH and bigger Bitcoin blocks.

14) BCH is accepted by more merchants than Bitcoin world wide.

15) BCH has all the amazing properties that people love Bitcoin for. Fixed 21 million coin supply and proof of work!

16) Cool platforms built on BCH like read.cash and noise.cash

17) Kim Dotcom the guy that created mega Upload which had millions of users back in it's day now fully supports BCH and thinks the cryptocurrency that gives the best user experience with the cheapest and most reliable transactions is the way forward!

18) Check out https://whybitcoincash.com/ which compares BCH and BTC.

19) Visualize the BCH and BTC blockchain side by side and have your mind blown. https://txstreet.com/

20) Even though BTC and BCH both have a fixed 21 million coin supply the free market is letting you buy 100 BCH for every 1 BTC. This is a deal of a lifetime that most people will regret they didn't hedge their bets!

21) You can create your own token on BCH using the SLP protocol! They also work well on the Bitcoin.com wallet!

21) Because BCH likes to be progressive there are talks of upgrading BCH to have smart contract like properties by adding new OP Codes in the near future! Low fees + smart contracts = awesome

22) There are oracles built on Bitcoin Cash. Bye bye Chainlink! Check out https://anyhedge.com/

23) Recently BCH has been processing just as many on chain transactions as BTC while still having sub penny fees!

Did I miss anything? Post more and I'll add to the list.

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3 years ago

Comments

Hey cool, that's an useful list!

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