Kim Dotcom, the renowned internet entrepreneur and founder of MegaUpload, has estimated that by next year, the value of Bitcoin Cash (BCH) will go as high as $3,000. In contrast to Bitcoin, which is considered a store of value, Bitcoin Cash is perfect for payments, according to Mr. Dotcom. In addition, because of its low fees and quicker transactions compared to Bitcoin, more vendors will begin accepting crypto, and Bitcoin Cash (BCH) is best positioned to fill this niche.
Kim Dotcom, the influential internet entrepreneur, projected that next year, Bitcoin Cash (BCH) will be priced at $3,000. His research is focused on increased crypto acceptance, which will lead suppliers to prefer cheaper and quicker BCH transactions than Bitcoin.
I think this is one of the reason why Bitcoin Cash breaks its all time low and I myself is hoping that what Mr. Dotcom have tweeted will come true. Fingers crossed!
