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In this video, I discuss why BCH (Bitcoin Cash) continues to lose market cap and market share when compared to the real Bitcoin (BTC).
In spite of having bigger blocks, there is very little demand for BCH’s block space, which is also why fees are so low.
BCH’s hash rate has been stagnant for the past 3 years, while BTC’s hash rate has grown rapidly.
Why would anyone choose BCH over BTC if they were interested in strong settlement finality? When it comes to settlement times, BCH is approximately 120x slower than BTC.
There is a great self-sorting going on now. Many people will go down the drain with BCH, ETH, SOL, HEX, ADA and other garbage.
The choices that you make today for your portfolio will have profound implications for your financial well-being (as well as access to basic goods and services that may be banned by governments) over the next decade.
Many will ride their shipcoins down to zero and then get trapped in a fiat CBDC. Buying BTC today gives you a seat at the table in the new financial order that is coming.
Make sure that you choose wisely. . .
Not investment advice! Consult a financial advisor.
My exchange with a B-Casher:
I’ve seen your videos. You openly talk about only the elite using on-chain in the future. My point still stands. In fact, all of my points still stand. None of yours do.
(For anyone reading, take a step back and look at how this conversation is going.) pic.twitter.com/Iv3y4oSvor— p2pORgtfo (@p2pORgtfo) October 16, 2023
Bitcoin Cash (BCH) Is Trash:
Roger Ver:
https://en.wikipedia.org/wiki/Roger_Ver
https://buy.bitcoin.com/bch/
There’s almost zero demand for BCH block space:
https://bchmempool.cash/
Lots of demand for BTC block space:
https://mempool.space/
Settlement finality across different proof of work cryptocurrencies:
https://howmanyconfs.com/
BCH hash rate is dead in the water:
https://www.coinwarz.com/mining/bitcoincash/hashrate-chart
BTC hash rate continues to increase, even during a harsh bear market:
https://www.coinwarz.com/mining/bitcoin/hashrate-chart
Bitcoin's Hash Rate is going absolutely bonkers.
Up 3X since $68K.
The level of investment is insane. Normally HR growth drops in bear markets, this the first time it's increased.
This is a step change in mining industrialization. Energy companies & governments are here. pic.twitter.com/YunWxobwle
— Charles Edwards (@caprioleio) October 16, 2023
2017 Coin Market Cap snapshot:
https://coinmarketcap.com/historical/20171217/
HEX keeps losing too:
Hex has lost 45% of its value since my previous video about it on May 31. I’ve warned people for years and you’ve encouraged them to keep holding.
— Matthew R. Kratter (@mattkratter) June 15, 2023
I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals.
#Bitcoin
#BCH
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