RE: Hardfork Recap: Bitcoin Cash Successfully Created! How Does The Crypto World React & What Now?

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Hardfork Recap: Bitcoin Cash Successfully Created! How Does The Crypto World React & What Now?

in bitcoin •  7 years ago 

That is a quality article.
About BCH future, all is speculation. In my not too informed opinion I expect it to go down hard in the first two weeks. Much of the sentiment I've seen online is people wanting some free cash. They'll be looking to sell their BCH soon, and a drop in price will inspire others to sell too.
For the long term, it depends on whether BCH can carve out a niche where it is uniquely useful. We'll see about that, but I am not expecting too much based on the number of developers for the platform.

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Thank you!
You're right, most people just wanted to get some free BCH and sell it as quickly as possible. I'm also not sure if it has some long-term value. I guess we just have to wait and see.