As at the time of writing this article, Bitcoin Cash is said to be the fifth most valuable Cryptocurrency, with a daily trading volume of about $1.4 billion dollars, and also with a market capitalization of $4.4 billion.
The price of Bitcoin Cash is not so volatile as compared to it's older brother (Bitcoin). It is significant to note to that BCH has risen quite well in it's price, as at March 13th, Bitcoin was trading at $152, but now it's about $225.
Bitcoin Cash recently did breach the resistance level of $235 and as it did so, crypto investors and traders channelled their focus to Bitcoin Cash thereby making it even exceed the strong resistance level of $250. Though Bitcoin Cash dropped in value some weeks back but it's an opportunity for investors like myself who was recently inspired by @MarcDeMesel to invest into Bitcoin Cash now before it increases again.
If you are not financially buoyant just like myself then I employ you to invest more time on read.cash now and make some BCH for yourself which you can invest. Even if you won't take it from an ordinary person like me take it from the major sponsor of this platform who has invested a lot into this Cryptocurrency because he believes in it success. The right investment pays.
So still on Bitcoin Cash, it was first designed around 2017, from a fork of Bitcoin. More transactions can be carried out on Bitcoin Cash block per time compared to Bitcoin because it's has a much larger block size of 32mb while that of Bitcoin is still same 1mb and refusing improvement.
Bitcoin Cash has it's very own ledger system or block chain. The major difference between Bitcoin Cash and Bitcoin is that transfers on Bitcoin Cash are more cheaper than that of Bitcoin which is around $0.1 - $0.2 that is per transaction, thereby making investors and traders to be more attracted to it. Since they could be carrying out multiple transactions, it makes sense to go for that which offers less fee and more speed.
Bitcoin Cash is also know as Bcash. So next time when you hear the name Bcash don't get confused thinking it's something else. It's our very own Bitcoin Cash.
Thanks for reading and hopefully I was able to demystifying some confusions you might have had about Bitcoin Cash and also motivated you to invest It.
Bitcoin Cash is the future invest now
Bitcoin Cash is literally money for the world that can be held or spent on products and services around the world. Don't invest just because someone says to, invest because it has value and can be used as cash to pay others and to buy things. As the crypto world continues to grow, so is the BCH community.