BCH has been / is currently / will be ON SALE, but not forever

3 67
Avatar for lerkfrend
3 years ago
Topics: Bitcoin Cash, BCH, Price

The headline pretty much sums it up, but of course I'm going to type for a while. I like hearing the clack of my keyboard and the whir of my brain, so bear with me.

We know that BCH is undervalued. We talk about it all the time. I'm not going to bother linking to articles (there are many), because what I'm trying to get at is simpler than that.

Think about the following details:

  • Kim Dotcom is wrapping up development on "the ultimate content monetization system" that integrates BCH

  • Moeing Chain chose BCH for their EVM improvement project

  • General Protocols recently received $3 million in investment capital

  • NFTs—waifus in particular—are getting Flipstartered (and funded!)

If you heard all that about a company and its plans for improvements, I think you'd be pretty stoked.

So why are you waiting for BCH to go below some arbitrary USD value, say $500, for example, like that is where the sale really begins?

Sure, we can look at price history and say, "lerk, it's higher than it was three months ago, I'm going to wait for the price to go back down."

You might miss your chance.

BCH is undervalued, but we can't predict when the market will realize it. You think the FOMO was bad when BCH shot to $700....

  • wait for Kim Dotcom to release k.im

  • wait for May when Moeing starts their demonstrations

  • wait for General Protocols to show what they've done with their $3 million

  • wait for NFT showrooms to sell out

We are lucky to be BCH insiders. We are lucky that @MarcDeMesel has been sharing his thoughts and BCH with us for MONTHS. We are lucky to be so close to the BCH development teams that make an effort to post updates here. We are lucky to have sites like read.cash and noise.cash to share news and updates with each other.

Speaking of read and noise (which we all love to do): were you aware that Read.Cash contributes to the mainnet.cash project Github? Do you understand what that means? Let RowanSkie and my slow brain help:

Thanks RowanSkie, for helping a dummy. Yeah right, Kaisersoria!

What am I trying to say?

Good things are brewing for BCH. Get a piece.

And that's surprisingly easy! I mean, you're here, right? You're using noise.cash in a decidedly non-spammy manner, right?

But there's something else that's happening here. I ignored this detail earlier. In previous drafts I had this listed above, with all those exciting improvements:

  • BCH has been / is currently / will be the target a dedicated propaganda and disinformation campaign.

How long? Since before the BTC fork that created BCH in the first place, almost three years now. The other forks along the way haven't helped either, but anyone paying attention and using their brain should see that BCH is not trying to scam anyone, or dupe anyone, or defraud anyone.

BCH isn't a person or a business or a specific stakeholder. It isn't Marc De Mesel, or Roger Ver, or Jihan Wu.

It's not Bitcoin ABC or Bitcoin Unlimited, BCHN, BCHD, or Bitcoin Verde. It's not Flowee or Knuth. It wasn't Bitcoin XT.

It isn't Bitcoin.com, General Protocols, Bitcoincash.site, Moeing, Memo, mainnet, read or noise. It isn't a Waifu camp or faucet.

It's all those things, all those people, every node, every business, every user, every wallet, every address, every UTXO.

BCH is a voluntary gathering based around a common goal.

We all have a stake in the future of money. Those that say BCH is a scam are ignoring or downplaying the organizing principles at play here. There's no conspiracy.

Marc De Mesel is not looking to "pump his bags" when he says good things about BCH. He's an investor that likes Bitcoin and wants to share his opinion with other that like Bitcoin. He even funded a website so people would have a cool place to talk at length about it. Oh, and then another one.

Roger Ver is not a Jesus-like figure, a Messiah that has special crypto insights for his followers. He's a rather well-spoken guy that's committed to the cause of peer to peer electronic cash. How many times does he need to say it?

This article uses BCH price as a framework, but consider that most of the things I mentioned work perfectly regardless of price. If BCH is $0.01, you could still:

  • marvel your waifu and NFT collection

  • use the AnyHedge service

  • receive tips from read or noise or the k.im monetization process

  • run complex smart contracts on a BCH sidechain EVM

But all of these things will draw attention and users and eventually dollars. Mr Dotcom is certainly looking for that sweet ROI, as are ALL INVESTORS.

That just makes sense, right? People get into crypto to make money. Miners do it all the time. Some count their earnings in BCH, some in fiat at the exchange.

Take advantage of your position here. You are on the BCH vanguard.

I'm not here telling you to make any investments or take monetary risks. This is decidedly my opinion, but I thought it was worth sharing.

Also, my list of various BCH stakeholders is not exhaustive. BCH is a big place. Let me know of some other names and I might throw them in the mix.

Keep your eyes peeled for my thoughts on capybaras, coming in the near future. I promise at least 200% more pictures! Thanks again for reading.

Lead photo from Pexels, in the public domain.

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$ 16.68
$ 16.21 from @TheRandomRewarder
$ 0.20 from @Constant1995
$ 0.10 from @gertu13
+ 5
Avatar for lerkfrend
3 years ago
Topics: Bitcoin Cash, BCH, Price

Comments

I'll post later the statistical forecast of BCH of an algorithm developed by FB in their own forecasting work. That's very interesting :D.

$ 0.01
3 years ago

and thanks for reading, of course!

$ 0.00
3 years ago

looking forward to seeing that!

$ 0.00
3 years ago