Bitcoin Cash sell OldOrangeEyes
Summary
This prediction ended on 09.09.21 with a price of €559.68. The SELL prediction by OldOrangeEyes for Bitcoin Cash was trending in the completely wrong direction and closed with a performance of 32.37%. OldOrangeEyes has 50% into this predictionBitcoin Cash (BCH) is a decentralized digital currency that was created as a result of a blockchain hard fork that occurred on August 1, 2017. It is based on the original Bitcoin (BTC) protocol but is different in a number of key ways, including its larger block size limit of 32MB, which allows for faster transactions and lower fees.
One of the main applications of Bitcoin Cash is as a means of payment, both online and in physical locations. BCH can be used to buy goods and services at merchants that accept it as payment, which is becoming more common as adoption of the currency grows. Additionally, BCH can be used for peer-to-peer payments between individuals, allowing for fast, secure and cost-effective transactions.
Another application of Bitcoin Cash is as a store of value. Like other cryptocurrencies, BCH is not backed by any physical asset or government, but its limited supply and increasing demand have resulted in its value increasing significantly over time. Some investors choose to purchase and hold BCH as a long-term investment, similar to how others invest in gold or other commodities.
Overall, Bitcoin Cash is a versatile cryptocurrency that can be used for a wide range of purposes, including payment processing, remittances, and as a store of value. Its key features include fast transaction times, low fees, and high levels of security and privacy, making it an attractive option for many people.
Performance without dividends (%)
Name | 1w | 1m | 1y | 3y |
---|---|---|---|---|
Bitcoin Cash | 0.950% | 0.950% | 67.599% | -42.704% |
iShares Core DAX® | 1.056% | 1.056% | 18.108% | 16.006% |
iShares Nasdaq 100 | -1.886% | -0.160% | 26.970% | 36.233% |
iShares Nikkei 225® | 2.553% | 4.359% | 17.676% | 10.955% |
iShares S&P 500 | -0.434% | 0.224% | 24.986% | 37.667% |
Comments by OldOrangeEyes for this prediction
In the thread Bitcoin Cash diskutieren
In the thread Trading Bitcoin Cash