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In order to achieve that goal, the block size of the new coin was increased from 1 MB to 8 MB making transactions much faster. The newborn crypto was a success; the Bitcoin Cash price predictions were mostly positive, it was listed on multiple exchanges and became widely used by the community. Still, BCH price history is not a one of stability. Bitcoin Cash price chart shows that the coin is very volatile in its value and is strongly linked to the overall state of the market.
However, the coin is far from being a failure. Its price got to the peak shortly after its creation. Despite the fact that the BCH price today is significantly lower, the coin is still actively traded on almost every cryptocurrency exchange. A sharp jump was triggered by the interest of miners and the buying activity of traders. The first transferred power to a more convenient coin for mining. The second hoped to make money on the new bitcoin, in which many saw a real competitor to BTC.
Capitalization has exceeded 70 billion. And then he continued to fall. After the hard fork and the outbreak of the hashrate war with Bitcoin SV, the downtrend became apparent. Capitalization dipped to a billion. In March, when the market was finally emerging, quotes went up. But the rainbow picture was again ruined by the hard fork. While the developers introduced new protocols to increase the block, a certain anonymous author took advantage of the vulnerability of the system and launched an alternative chain.
Which led to double spending, due to which users lost almost 1. Miners trying to work on the new chain began to open empty blocks. A crash occurred and for some time the system did not work at all. In order to remedy the situation, two large mining pools — BTC. It would seem that they pursued a noble goal. However, the selected methods raised a number of questions among users. How decentralized is the network if two pools can take control?
Then we saw the downtrend in BCH price. Now, in , Bitcoin Cash cryptocurrency is still in a downtrend. At the moment, BCH is the most successful fork of Bitcoin. It is popular among miners, traders and large investors, its technology is used by well-known corporations. A limited issue protects the asset from inflation. In fact, I know we can reach 25 GB blocks and verify those blocks on low-cost hardware.
BCH is on its way to 1 TB blocks per the roadmap: pic. By the way, there are many people who do not believe in BCH and come up with pessimistic Bitcoin Cash price analysis:. We do not give any guarantee of the same. Join our mailing list to get regular Blockchain and Cryptocurrency updates. No thanks. We strive to help our readers gain valuable, trusted insights through in-depth analysis, high-quality and well-researched News stories and views from the digital currency community experts.
Email — contact cryptoground. Bitcoin News Ethereum news Altcoin news. Bitcoin Cash BCH. The technical analysis using the algorithm says that the price of Bitcoin Cash BCH will not decrease or fall or drop in long term. Some other most commonly asked questions: Will Bitcoin Cash crash? Will Bitcoin Cash moon? Will the Bitcoin Cash price go up? Is the BCH price going up? How much will Bitcoin Cash price increase in coming future? Will the BCH price fall? Will price of Bitcoin Cash rise? When will Bitcoin Cash price fall?
When will Bitcoin Cash price go down? Is BCH a worthwhile investment? When will BCH price drop? Is the Bitcoin Cash price going to drop? Will the Bitcoin Cash price drop? These are some of the most common queries that impatient or amateur investors have. All we can do is use various algorithms and run technical analysis of the Bitcoin Cash BCH using its historical price data and perform Bitcoin Cash forecast. Note that these are all based on past data.
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BITCOIN CASH: BCC/BHC Fib cone projection. Длинная. altlite Ноя 2, BITTREX:BCCUSDT None. Bitcoin Cash / Tether. BITTREX. ОТКР. Bitcoin Cash-USD Прогноз цены BCH. Bitcoin Cash Прогноз цены на неделю, месяц, год. Инфо Прогноз Графики Данные Рынок Конвертер Bitcoin Cash Forecast. Bitcoin Cash has a bearish short-term trading bias, with the BCH / USD pair on the four-hour time frame has a downside projection of over $