Bitcoin cash--in a bull market

[bitrookie]

The market is generally optimistic about the bitcoin cash hard fork on May 15, pushing bitcoin cash into the bull market . BCH started its bullish trend at 6th April’s low $600.1 and, trailblazed its way through April to its current price at $1481.

In early 2018, sentiment was pessimistic about bitcoin because of concerns about its practicality in the real world.Two of the most important questions remain: high transaction costs and slow trading.Two of the most important issues remain: high transaction costs and slow trading, making bitcoin a cheaper alternative to fiat money.Last year, bitcoin was split over its capacity to expand, leading to a hard fork.But now, bitcoin cash is not simply increasing the size of the block from 8MB to 32MB,but to also introduce a number of other enhancements, including the reactivation of the blockchain’s smart contract feature that allows the network to share, archive and track and record assets that have been digitalized. The versatile cryptocurrency is a better alternative to legal fiat money, with significantly shorter transaction times and tiny fees relative to Bitcoin, and also a document and asset warehouse capability can only be a positive factor for Bitcoin Cash and its outlook.

We knew the news of the 15th May bitcoin cash hard fork last year, But as people get to know more, people tend to focus on bitcoin cash.Having rallied 111.3% in the month of April, leaving Bitcoin in the dust with its measly 35.1% gain. In addition, the fact that the Bitcoin Cash community having far fewer disagreements than the world of Bitcoin makes it a safer coin and a better investment.