The Bitcoin Cash Ratio Reaches All Time Low

bitcoin cash ratio bitcoin oct 2020

The value of Bitcoin Cash has never been lower against bitcoin, dropping to 0.019 BTC per one BCH. The first chain-split currency of bitcoin was briefly worth initially as much as 0.5 BTC. But now more than three years on, it is worth less than even eth’s far bigger supply by 0.01 BTC per coin. That means much has changed in the past three years that has seen this cryptocurrency fall from $5,000 per coin to just $260 and a brief market cap above eth at some $100 billion to now below $5 billion. What has changed is the project was never able to re-focus after splitting from bitcoin on August 1st 2017. Instead of at that point gradually shelving off the blocksize debate to focus on what they thought was a better approach and to focus on promoting the usage of BCH as peer to peer cash, they continued…

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