Sign in to follow this  
anmolpokhrel

Bitcoin Cash To boom in 2018

8 posts in this topic

Hello ,
            For everyone out there , I think Its time for BCH to boom in . You all should buy as much as you can and please Hold It for long also from today there is a wallet of it on blockchain.info
so Hurryyyyyyyyyyyy.
ThankYou :)

Share this post


Link to post
Share on other sites

I actually would advise against any big investments right now, BTC is a volatile currency, and it's a disaster right now. 

You can't even make a payment right now without a $30 network fee, and on top of that, market is going crazy. 

If you're happy with losing money then be my guest, invest in BTC. :dontwanttosee:

  • Upvote 2

Share this post


Link to post
Share on other sites

That's a big ass NO, and this is why:

For cryptocurrency miners, choosing between BTC and BCH is not all that easy. Both coins are pretty profitable to mine, although the momentum shifts quite regularly. There is no wrong option to pick from in this regard, that much is evident. For now, the majority of hashpower has moved back to Bitcoin, a trend that has been apparent for over a full week now. Bitcoin Cash, on the other hand, continues to see a decline in hashpower, which is only to be expected.

Another Hashpower Shift Looms Overhead

With the Bitcoin hashpower rising steadily, things look pretty good. A lot of mining pools will switch between BTC and BCH based on profitability. With these fluctuations, temporary changes in momentum are not uncommon. However, the overall trend is pro-BTC and less pro-BCH, for the time being. The big question is whether or not this situation will remain the same. More specifically, the Bitcoin network will get a mining difficulty adjustment soon. Depending on this change, people may move hashpower back to BCH.

Or that is what a lot of Bitcoin Cash supporters are hoping for, at least. If the hashpower moves away from BTC, the network may struggle for some time to come. With the BCH price getting pumped again, the community is enticing Bitcoin miners to make the switch as soon as the difficulty adjustment happens. It is a bit of an annoying tactic, but there is nothing illegal about it whatsoever. Moreover, it remains to be seen how this will all pan out in the coming days.

For now, nothing has been set in stone just yet. The mining situation in cryptocurrency is always subject to change. It would take a major switch from BTC to BCH to make a noticeable difference. There is a precedent, though, as such a switch happened 12 days ago. History doesn’t repeat itself often in cryptocurrency, but this weekend may prove to be an exception. Only time will tell what we can expect in the coming days.

 

  • Upvote 2

Share this post


Link to post
Share on other sites

lol i think the biggest boom was when bch was added to coinbase and gdax but for a few hours it accidentally said btc and people bought like crazy

Share this post


Link to post
Share on other sites
15 hours ago, Taxidragon said:

lol i think the biggest boom was when bch was added to coinbase and gdax but for a few hours it accidentally said btc and people bought like crazy

source?

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.