Dear Bitcoin Cash ; Slow and Steady Wins The Race

Waking up to meet the blood market signal every morning gives me concern, have read about an handful of users in this platform who have given up on crypto especially bitcoin cash. Really saddening to know how soon we have forgotten about the better side of bitcoin cash. Forgetting the old slogan ' slow but steady wins the race' . It was mostly used to encourage people going through tough time. And in our regular world during the adoption of cryptocurrency, alot has been going on ranging from rejections to public refusals claiming they are fake. Bitcoin cash is no exception to this rule.

Why Was Bitcoin Cash Created ?

Before the advent of bitcoin cash, bitcoin was considered the main cryptocurrency, which satoshi developed, hoping to be able to carry out peer to peer transaction , a process which eliminates the third party and transactions are being carried out between individuals... This simply means that they transaction doesn't require your bank, and so eliminates the extra charges and other inconveniences by the bank.

The second reason for which bitcoin was created was for utility. This gave value to the coin and allowed its early massive adoption, but was later slowed by bit coin whales, who allowed greed over take their thinking.

This action raised the transaction fee making it only of accessible to the affluent and a large mass of people in developed countries while the developing countries suffered the high cost of transaction. The original plan of bitcoin becoming a universal coin was abused and so developers like Roger ver and co sort to find a replacement for the coin. Then came the bitcoin hard fork in 2017 which birthed Bitcoin cash.

Though bitcoin cash wasn't created from the scratch like other coin but it had features that will be useful to the developing countries which was security and low transaction fee, a feature that sets bitcoin cash high than other cryptocurrency.

Why Am I So Optimistic About Bitcoin Cash ?

After the hard fork of the coins, every holder of bitcoin was rewarded with same amount of Bitcoin cash, this means if I had 4 BTC in my wallet, after the fork I will still have my 4 BTC and extra 4 BCH. And we all know the founder of bitcoin is Satoshi Nakamoto with a total of $21,000,000 USD worth of bitcoin And that made his to own automatically same amount of bitcoin cash. And the last time I checked, Nakamoto isn't making any arrangement of selling of the Bitcoin cash, so why should I ?

My next reason of being optimistic is the comfortability offered by bitcoin cash, from the low transaction fee making it possible for people in the developing countries to make use of them, it also has high speed transaction, since the block size had been increased to 32 MB. This golden opportunity can not be overlooked, and as such as seen a slow but steady adoption of the coin. This made it top of its league in the early days, with the awareness created by it users, sites rewarding users with BCH, all this gang up, made the coin became an household name in developing countries.

Also knowing that commodity and according to my financial adviser the price of commodity can never get to zero, no matter the nature of the market, which means we are not going to miss a thing about bitcoin cash.

Its Usability, low transaction fee, fast transaction are other features that gives me hope, bitcoin cash will continue to soar.

How To Boast The Price Of Bitcoin Cash

The availability of a coin is based on the price because an increase or decrease in price will always affect the supply for the coin.

That is why, it is our mandate to publicize the coin to other people in our loacality, place of work and local gatherings . When more and more people are interested in a particular coin, its values increase, so likewise its price.

Rather than sell all our bitcoin cash, or convert them to other cryptocurrency, let's hodl the coin together. Let's create the awareness and also encourage people to buy more bitcoin cash. You don't have to leave the newbies, help boast a bigger and better BCH community.

The adoption of bitcoin cash might take a little longer but Always remember slow and steady wins the race.

Conclusion

Let's make it a point of duty to tell someone about the goodnews of bitcoin cash, rather than leaving the community, let us bring in more people.

I don't know about you, but as long as Satoshi , still holds his bitcoin cash, I will not sale or leave bitcoin cash community.

Do have a wonderful day and happy new month.