What is going on with Bitcoin Cash BCH?

in bitcoin •  7 years ago 

It has gone crazy on the charts, is this because Segwit2X has been cancelled?

I held BCH and sold it at 0.05 and now it's at .14!

GIven that Segwit2x is cancelled, BCH is the only 'bitcoin' alternative apart from alts obvioulsy.

I would recommend waiting for a dip and then buying in.

You never know...

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With Segwit2 cancelled I believe its not likely bitcoin will be dealing with the scaling issue for awhile. I think this is leaving the door open for other cryptos to make some strides in becoming the go to "currency". Bitcoin cash and a couple other tokens are in a good position to capitalize on this. We shall see.