For anyone who are left wondering how the BCH project is doing these days and on whether they improved Bitcoin as intended, there are a few interesting testimonials. Different BCH teams from across the world keep onboarding merchants. Despite all this, there have been reports stating that Bitcoin Cash is the only fork under performing this year.
When there is a higher volatility, chances are more for Altcoins with low or medium market capitalizations to yield higher profits during bullish market cycles.
Reportedly, Bitcoin Cash per Coindesk is the only fork, which has under performed this year, and there has been Volatility compression for BCH. Despite its current market status, it is very easy to see beginners setting their foot to using the fork coin.
There continues to be a continual search by investors about the different locations where they can spend Bitcoin Cash. The token is getting listed in several exchanges and more of options are popping up to provide for spending. BCH despite its highs and lows is trying to makes it mark by establishing dominance in the cashless society.
The idea is to make it easy to be able to send money to anywhere, anyone, instantly, and practically for free. And, to be able to be censorship resistant without having to get any permission from any centralized authority or get controlled by a central authority.
Needless to say, crypto is already easy to spend in places like Thailand. Crypto is a nascent industry and despite there being several hundreds of Altcoins in the industry – all of them are practically early in the industry and they do have a lot of potential to grow.
Great Mexican food, drinks and dessert were paid for in Bitcoin Cash at the Missing Burro! Spending BCH at the railway café is the trending Aussie option to spend Bitcoin Cash. A testimonial states that someone dined and then caught a cab which accepted BCH.
Sydney Ifergan, the crypto expert tweeted: “Bitcoin Cash (BCH) has a lot to sort before what can be called ultimate success. They are continually evolving. Too early to call the game over.”
As Roger Ver reinstates, “The reasons I started investing in Bitcoin in 2011 are the exact same reasons I’m investing in Bitcoin Cash today.” No matter how many days old and how late investors join in, the mission statement for every investor would kind of be relatable to what Roger has to say!