Many people misinterpret the numbers. They are often blinded by big numbers (for example, high BTC price). But in the long run, it's not the big numbers that are important, but the trend. If a big number stagnates or grows slowly, it is worse than a smaller number that grows quickly. Look at the number of active BTC and BItcoin Cash BCH addresses over the last 3 years. Do you notice anything? Yes, there are far fewer active Bitcoin Cash addresses than BTC addresses. But the number of active #BItcoinCash addresses has been rising pretty steadily since January 2019. It has increased roughly fivefold (that's a 400% increase). The number of active BTC addresses, on the other hand, only increased until spring 2021, after which it fell sharply. Now it is rising again slightly, but compared to January 2019 it has only increased by less than 50%. If the trend is maintained, or perhaps the growth of BCH addresses accelerates, which is very likely, #BCH will exceed the number of active BTC addresses in the not too distant future. The price will follow.
2 comments
so as predicted, bitcoincash will overtake the price of BTC for the long run, basically we will get more profit if we just hold our bitcoincash this time and never get to be tempted for what its price at this moment.
It is true my friend, it is a great detail to keep in mind that it is better to have a small number that grows constantly than a very large number that grows little and often stagnates. It is that bitcoin commission fees are very expensive and transactions are slow, bitcoin Cash instead is faster and cheaper. In addition, this platform, Noise Cash, has managed to give a tremendous boost to BCH. This site has achieved its goal and many more people have started to use the directions of this currency.