Bitcoin Cash Growth Will Be Explosive

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Avatar for Pantera
3 years ago

The crypto market is on the rise again, as many analysts were expecting. It can’t always be rising or falling. There is trading, developments, good news, and the cryptocurrency market is growing in maturity.

Sadly, BTC is not maturing as an asset and has no scope, and only speculatively trying to hang on to recent events. Some institutional funds were misled about Bitcoin being an asset acting as a hedge against inflation, but what happened when inflation started rising in April and May?

BTC is not an asset that can be a hedge to anything. Its structure is just speculative and reminding of various schemes that had as their sole purpose the promise of quick returns.

Bitcoin Cash is instead building where BTC stopped. It takes time to let the world know about it, but Bitcoin Cash is today in the position of Bitcoin in 2012-2013. When Bitcoin was a revolution and moving towards massive adoption.

Bitcoin Cash Keeps the Revolutionary Flair Alive

Image from: link

BTC is on the side of the banking establishment today. The BTC evangelists want a Bitcoin that is tamed and under regulatory control.

Saylor and Dorsey have taken control of the narrative. It is Square running the show today. The approach of these people towards Bitcoin has absolutely nothing to do with the freedom to transact but it is about increasing their customers and their profitability.

Musk has another game that doesn't make sense. Tried to push Bitcoin as a payment method for Tesla but failed massively and Tesla stock since has not recovered.

Bitcoin cash is revolutionary and holds high the crypto values

  • Permissionless

  • Uncensorable

  • Secure

  • Has low fees and instant transactions

BTC and "other" cryptocurrencies

Bitcoin Cash does not advocate that all other cryptocurrencies are "shitcoins". This is the BTC maximalist view that has only the purpose to promote only BTC. Bitcoin Cash embraces innovation and developments are rapid. The flair is not over and it didn't succumb to BTC's pressure and propaganda.

Even the word "altcoin" today means nothing. BTC is not holding 90% dominance levels anymore. Altcoin is a word more suitable probably to utility tokens. It doesn't describe most of the top cryptocurrencies.

Some coins may stand no chance and will probably go to zero, but the BTC maximalists are overlooking all the innovation and progress made in the previous years.

Moreover, they disregard the fact that Bitcoin Cash has achieved what Blockstream and the Bitcoin devs under its payroll are still telling that it is impossible.

Bitcoin is scaling and Bitcoin Cash is the proof of it.

Last Notes - High User Base Growth and Retention Rate

Image from: Reddit

Bitcoin Cash is a huge force in the crypto industry and embraces changes and progress. With its rising user base, it will eventually reach to higher valuation as well, however, this is also not a subject of discussion.

Price is the talk of traders. Bitcoin Cash has long-term supporters that understand the fair valuation of this wonderful technology is by far suppressed from what it should be.

The growth and retention of the Bitcoin Cash userbase is a great success. For most projects retention of their user base is a huge issue.

Usually, it is a quick in and out by speculators but with Bitcoin Cash it is different.

Those that enter the BCH network as short-term users, stay and become long terms fans. This is why Bitcoin Cash will soon reach explosive growth in all numbers. I'm expecting this explosive growth of Bitcoin Cash to continue undisrupted in the coming years.

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Lead Image From: Flickr (by Bagogames) (Licence) - modified


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3 years ago

Comments

The one thing I think BCH definitely has going for it is the potential for portability. It is a word I use often to describe what I think is necessary for any of these coins to be viable. In other words, in order for them to have any real value or use is to be ABLE to actually use them. And I think BCH has the most potential to be something that is useable and easily transferrable...

In part because it technically already is.

I think that sign, "Bitcoin cash accepted here" will actually become as common as signs letting customers know they can use their Visa, Discover, or MasterCard there to conduct business. I do not see this potential right now for any other coin on the market.

And so it gives me at least a good sense that probably the most valuable crypto investment I currently hold is likely BCH over all others.

Just my two cents.

$ 0.00
3 years ago

For my own opinion bit coin cash is very essential as like online job becuase the way of how to earn here is step by step and also helps us to grow not only in earnings why but also how we conductive person to others.

Thank you l!

$ 0.00
3 years ago

But Now-days there is a hope that Tesla would accept Bitcoin Cash as a payment cuz i see many times Elon giving good response to BCH adopters btw first of all congratulations of you Bitworkerss project. Keep going on

$ 0.00
3 years ago

Hi, Bitworkerss is not my project. I support it as I would with every similar project coming from a ReadCash member.

$ 0.00
3 years ago

Ohh ok got it.

$ 0.00
3 years ago

I entered the crypto world with BCH andnit looks like this will be my primary crypto currency. Being a beginner, I haven't diversified much and am just exploring other options.

$ 0.00
User's avatar a2j
3 years ago

I'm always very bullish on Bitcoi Cash, I've never had a second thought about it, i believe whenever it's ready to move up, it moves faster, 2× of Bitcoin percentage. And with the recent projects on Bitcoin cash, its surely going to be explosive

$ 0.00
3 years ago

On our end here, our economy is still new to adapting cryptocurrency more so in BTC. There should be an information drive for this areas and appreciation to its potential as the game-changer in different aspects. Including to which is trading, daily transactions and the ease of maximizing it. I agree to some, that it has to be regulated somehow in terms of its unpredictability but nonetheless, it should me massively be accepted as a mode in dealing transactions. Good read 💯

$ 0.01
3 years ago

Hi buddy,

I agree with you to see use-value in the BCH ecosystem. At least I don't see developments in BTC. Maybe I don't know how to look for it.

I hate discrimination in all its expressions. In this sense, it is a hatred of the concept, not of the people who believe in this. I think that the vast majority of those who still support the BTC maximalists' narrative will sooner or later wake up from their mistake and even if it costs them, they will get back on the right track.

I recently saw an influencer in the Hispanic world, who refused to consider the usefulness of cryptocurrencies, to change his mind, and admit that now 5% of his portfolio is in crypto.

The process is slow, but it advances unstoppably. You just have to take care that the unscrupulous do not distort the ways of behaving and prolong the march of the rest of the people.

$ 0.00
3 years ago

The word "Altcoin" was invented by BTC Maxis. Sensible people do not use this term. The less people will use it, the faster it will disappear. It's just like the word "Bcash". The maxis wanted to introduce it, today almost nobody uses it (maybe except a few hardcore maxis).

$ 0.00
3 years ago

Would like to see it back above $1K. But not to soon, do want to belong to the 1BCH club before that happens. I do know selfish of me :) To bad for me I did discover BCH to late. As normal I was late again to the party! But the party is still heating up, so in this case better late than never!

$ 0.05
3 years ago

I made this very mistake when I joined the crypto sphere. I thought BTC was everything but with experience and the last inflation that shook the entire market, I will categorically say that BTC is nowhere close to BCH in terms of use case and futuristic relevance.

$ 0.01
3 years ago

Many make this mistake. There is nothing wrong with making a mistake. It is bad not to learn from a mistake.

$ 0.00
3 years ago

Well, when we all join we make the same mistake. Lucky for us Bitcoin Cash continues and we have a Bitcoin that matters.

$ 0.00
3 years ago

Yeah, it matters and that has given us the reason and strength to continue preaching about it to others who are still living in the BTC lies.

$ 0.00
3 years ago