Bitcoin Vs Bitcoin Cash (BTC / BCH)
Bitcoin Cash
In less than two days it has become the third biggest currency, replaced Ripple (XRP) in terms of market capitilization. Next possible target is Etherenum (ETH), the first major cryptocurrency born after the fork and outplayed the original one Etherenum Classic (ETC). It seems the same future is waiting for the Bitcoin (BTC) also.
The Bitcoin Cash rose to more than $710 yesterday a change of more than 67% and it outnumbered Bitcoin in Trading Volume also.
Is it time to think the original Bitcoin BTC holders to move away to Bitcoin Cash BCH?
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Thanks, will go through.
That move took me unawares. I saw it and was surprised. What do you think could've driven the price that high?
I am not an expert, but it seems so. Please check the trading volume also. Please visit https://coinmarketcap.com/ for more details. Thanks for the comment.
Ok. Thanks.
BTC still has the lead on marketing and existing user adoption. I think it is still too early to move out of BTC in favor of BCH. Both will likely have a share of the market, but BTC should be the leader for some time to come.
Yes, correct. Even to reach second place, it may take months. But one day can be the market leader.
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very good information
good information..thanks @onlineprds
It probably has to do with Bitcoin cash currently being more profitable to mine. See info on https://cash.coin.dance/blocks. So bitcoin miners are currently switching to BCC making the network more stable - and thus more valuable.
Well crafted.
Thanks for the reply. Good report.
So interesting.