Look at the price charts for the last 3 months for BTC,BNB,ETH,BCH and LTC. Can you see anything? ETH and BNB are similar and look the best. BTC is clearly worse. BCH and LTC are also similar and are worst. I think the explanation is simple. ETH and BNB are smart contracts projects, they have been on the market a bit longer, are already relatively well developed and customers believe in smart contracts and DeFi. There are still plenty of people who believe in BTC as "digital gold", but there are noticeably fewer than those who believe in smart contracts. LTC and BCH are paymentcoins. That is why they are not considered a store of value. I think this will change dramatically with the rise of SmartBCH. SmartBCH is still very young and little known, but that will change. More and more projects are being created on SamrtBCH. More and more people are buying BCH and moving it to SmartBCH. SmartBCH is becoming more and more well-known. I am pretty sure that the price chart of BCH will be similar to ETH and BNB in the future. #SmartBCH #DeFi
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I'm still a kid at this cryptocurrency thing but I'm noticing the same thing, that people like smart contracts more. They seem to be safer for consumers by having a guarantee policy when working with them. I was reading that working with smart contracts creates sort of a security or devolutive guarantee in case payment is not made for the sale of them. I don't know if I'm right but I understood something of that and it seems that this makes more people choose to use them. So now with the implementation of SmartBCH there will be a remarkable growth in the use of bitcoin Cash.
DeFi is simply more worthwhile than hodling and traiding. It is also less risky. That's all.
I guess you are right. #smartBCH has to continue its development as it is relatively new compared with to other popular chains
Hi Im Aldana, Muy bueno Telesfor 👌, renoised! Cheers from Argentina 💋
Online I saw news saying that near Christmas BCH will have a bull run... Hopefully will go over 1000$
I don't believe in such news.
That why some group of #BCH enthusiasts (in which I belong to) in my institution are organizing a meeting to spread the awareness of BCH and Smart BCH within the university environment You can check my pinned post to see about it