$BCH #BCH太子 #BCH暴涨在即
Bitcoin has surpassed 100,000 USD, and BCH, as the prince, aims for 1,000 USD.
Today, I want to talk about BCH, a cryptocurrency that evokes both love and hate. When it was launched, it was extremely popular and had a much higher price than Ethereum. It was primarily forked by Bitmain. In an era where Bitcoin is becoming increasingly unaffordable, holding some BCH is not a bad choice.
Bitcoin Cash (BCH) is a cryptocurrency that was born after a hard fork from Bitcoin. The birth date of BCH is August 1, 2017, and its main goal is to improve the transaction speed and scalability of Bitcoin. Compared to Bitcoin, BCH has a block size that is 8 times larger, allowing it to process transactions faster. Additionally, BCH has relatively low transaction fees, making it a more cost-effective digital currency option.
Whether to hold BCH long-term is a matter of differing opinions. Some believe that BCH has significant development potential and could become one of the mainstream cryptocurrencies. However, others argue that BCH is merely a fork of Bitcoin with limited value.
In summary: I personally think BCH is also not bad among altcoins, as this coin can be mined, and mining machines for Bitcoin can also mine BCH. Coins that can be mined at least won’t go to zero. In 2018 and 2019, Ethereum was below 100 USD, but BCH was above 100 USD at that time, with a higher unit price than Ethereum. I hope that one day the market will need another reservoir and BCH will have the opportunity to surpass Ethereum in unit price.