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Follow the price of Bitcoin Cash in real time

Bitcoin Cash (BCH) is a clone of an older version of Bitcoin on which the development team continues to evolve and modify certain parameters.

Understand the price of Bitcoin Cash

What is Bitcoin Cash?

Bitcoin Cash (BCH) is a clone of an older version of Bitcoin that a team of developers is still working on, including a different block size. The idea is to be able to accommodate more transactions in the parent blockchain without having to resort to “off-chain” solutions like the Lightning Network deployed on Bitcoin.

The gamble of on-chain scaling

Bitcoin Cash is the result of a split in the Bitcoin community over differing views on how to scale the Bitcoin network. The community supporting Bitcoin Cash is in the minority, and believes that scaling should not be done through secondary networks like the Lightning Network, but rather through other methods, such as increasing block sizes. For example, Bitcoin Cash has 32 MB blocks, not the 1.8 MB blocks of Bitcoin.

Aggressive marketing

Bitcoin Cash is a project driven by influential people and entities in the Bitcoin ecosystem such as Roger Ver and former Bitmain CEO Jihan Wu. Roger Ver owns bitcoin.com, and refers to Bitcoin Cash as “the real Bitcoin”. This is obviously not true because Bitcoin is a community project. The real Bitcoin is the one that is carried by the majority of the community and not by the minority. The teams behind Bitcoin Cash can thus confuse newcomers.

Bitcoin Cash price: what is the current BCH price level, why follow it?

What is the price of Bitcoin Cash?

Bitcoin Cash price refers to the price at which the cryptocurrency named Bitcoin Cash is traded. Bitcoin Cash has the acronym BCH, and thus it is possible to find the term “BCH price” when talking about the Bitcoin Cash price.

Launched in August 2017, Bitcoin Cash is a fork of Bitcoin. This means that Bitcoin Cash was born from Bitcoin, shares some of its characteristics (including the core technology used for its blockchain), but operates on a different blockchain.

The price of Bitcoin Cash is also different from Bitcoin. In early April 2022, its price was hovering between the €300 and €350 mark, nowhere near the level of Bitcoin. In other words, 1 Bitcoin Cash was worth between €300 and €350 at that time, with the price of Bitcoin Cash changing very quickly on a daily basis. To find out exactly what the current price of Bitcoin Cash is, just take a look at the real-time updated chart at the top of this page.

 

Why do I need to know the price of Bitcoin Cash?

Like all virtual currencies, Bitcoin Cash experiences big fluctuations. Therefore, cryptocurrency investors need to track the price of Bitcoin Cash and other cryptoassets in real time. Knowing the price of Bitcoin Cash makes it possible to buy or sell this virtual currency at the desired value in the hope of realizing a capital gain, and thus generating profits over one’s initial investment. That’s why at Coinhouse, we provide you with all the cryptocurrency prices in real time.

Quelle est l’évolution du Bitcoin Cash ?

What is the evolution of Bitcoin Cash?

Bitcoin Cash price refers to the price at which the cryptocurrency named Bitcoin Cash is traded. Bitcoin Cash has the acronym BCH, and thus it is possible to find the term “BCH price” when talking about the Bitcoin Cash price.

Launched in August 2017, Bitcoin Cash is a fork of Bitcoin. This means that Bitcoin Cash was born from Bitcoin, shares some of its characteristics (including the core technology used for its blockchain), but operates on a different blockchain.The Bitcoin Cash price has been trending downward since early 2022. In April, Bitcoin fell below €300, down from around €380 in early January. On the other hand, some people who bought the currency in early February were able to get Bitcoin Cash at a price between €245 and €255 and possibly make a capital gain. For example, the price of Bitcoin Cash was around €245 on February 3, 2022, and broke the €300 mark again on February 15.

The price of Bitcoin Cash is also different from that of Bitcoin. At the beginning of April 2022, its price was hovering between the €300 and €350 mark, nowhere near the level of Bitcoin. In other words, 1 Bitcoin Cash was worth between €300 and €350 at that time, with the price of Bitcoin Cash changing very quickly on a daily basis. To find out exactly what the price of Bitcoin Cash is at the moment, just look at the real-time updated chart at the top of this page.

What is the historical price of Bitcoin Cash?

At its launch on August 1, 2017, the price of Bitcoin Cash started at a price of $900. By comparison, the first estimate of Bitcoin’s price was $0.001 on October 5, 2009.

As a fork of Bitcoin, Bitcoin Cash had benefited from the history of its big sister, which remains the most powerful cryptocurrency today. Also with the support received from Bitmain (one of the largest mining platforms in the world), Bitcoin Cash had seen a meteoric rise in its early days. Indeed, the price of Bitcoin Cash had reached $3,785.82 in December 2017 (or about €3,187.12).

A year later, however, on December 16, 2018, the price of Bitcoin Cash reached its all-time low of $76.93, or about €68. Since then, Bitcoin Cash has seen its price rise back above the €1,000 mark, that was in May 2021. Notably, the price of Bitcoin Cash had reached €1,273.84 on May 12, a record set on May 8, 2018, but which has not been approached in recent months.

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Bitcoin Cash and forecasts: what future for BCH?

Bitcoin Cash, a guarantee of seriousness

If it is not as old as its elder the Bitcoin, the Bitcoin Cash will celebrate on August 1, 2022 its 5th anniversary. This allows us to already have some hindsight on this crypto-currency. With about 6.5 billion euros in market capitalization, Bitcoin Cash is among the current top 30 cryptocurrencies in terms of capitalization.

In addition, Bitcoin Cash benefits from the aura of Bitcoin (from which it was born), which is considered the most secure crypto asset. The work of the developers of the Bitcoin Cash blockchain is also known to be very serious.


Bitcoin Cash, a cryptocurrency selected by Bitcoin Cash

Although we didn’t include Bitcoin Cash in our Top Most Promising Cryptocurrencies in 2022, that doesn’t mean this crypto asset should necessarily be left out.

First of all, because it is one of the virtual currencies available at Coinhouse, where we only offer a handpicked selection of crypto-currencies. Indeed, Bitcoin Cash has been available on our platform since March 2020, and is therefore one of the 40 or so crypto-currencies all selected by our Analysis & Research team. These cryptoassets were selected because we believe they are both the most secure and have the greatest potential.

Secondly, because the price of Bitcoin Cash shows it as well in this year 2022 as historically: this currency whose price fluctuates enormously offers opportunities for investors.


Bitcoin Cash et prédictions : bien suivre le cours du BCH sur Coinhouse.

Bitcoin Cash is therefore a crypto asset that has proven to be very volatile since its inception. In fact, it has seen its all-time high and all-time low within a year of each other (between December 2017 and December 2018).

This dynamic of Bitcoin Cash’s evolution means that this virtual currency is usually held over a small period of time. Bitcoin Cash investors, who may be looking for short-term capital gains, need a platform that allows for quick and orderly buy/sell actions, such as Coinhouse. This is in order to control the fluctuations as much as possible.

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