Last month Bit Pay unveiled support for card top-ups using the Bitcoin rival, Bitcoin CASH. At the time, it was my hope that adoption of BCH transactions would boost support for the community....unfortunately when looking over the charts from the last couple of weeks, things do not look as good as I'd hoped. Since March 3rd price action for BCH vs BTC has dropped more than 15% sitting on a cluster of support once again at the .786. Ranking # 4 on CoinMarketCap, BCC has a market cap today of $11,155,525,447 USD.
Though BCH is up more than 200% since it began trading on Bittrex their future looks tumultuous. Is Bitcoin Cash losing the war they've been waging to claim the title of THE BITCOIN? This morning the Twitter handle being named responsible for the promotion of the coin was suspended due to a "large number of complaints from Twitter users". Some surmise these complaints were pursued by original Bitcoin enthusiasts, while others suggest the account was a "fake" to begin with and thus suspended for violating terms of use.
Are you a supporter of BCH? Do you think the coin will make a turn around managing to ultimately claim the champion title of the title Bitcoin?
Let me know in the comments!
Though BCH is up more than 200% since it began trading on Bittrex their future looks tumultuous. Is Bitcoin Cash losing the war they've been waging to claim the title of THE BITCOIN? This morning the Twitter handle being named responsible for the promotion of the coin was suspended due to a "large number of complaints from Twitter users". Some surmise these complaints were pursued by original Bitcoin enthusiasts, while others suggest the account was a "fake" to begin with and thus suspended for violating terms of use.
Are you a supporter of BCH? Do you think the coin will make a turn around managing to ultimately claim the champion title of the title Bitcoin?
Let me know in the comments!