WalletInvestor says that a long-term increase in BCH is inevitable . According to previous forecasts, the future value of Bitcoin Cash could reach as high as $819, which it did back in May 2021.
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Bitcoin Cash is thus able to process transactions more quickly than the Bitcoin network , meaning that wait times are shorter and transaction processing fees tend to be lower. The Bitcoin Cash network can handle many more transactions per second than the Bitcoin network can.
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Bitcoin Cash is the result of a Bitcoin hard fork that occurred in August 2017. Bitcoin Cash was created to accommodate a larger block size compared to Bitcoin, allowing more transactions into a single block. Despite their philosophical differences, Bitcoin Cash and Bitcoin share several technical similarities .
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Bitcoin Cash Price Prediction by Smartereum for 2025, 2030 Another platform, Smartereum, thinks that the coin has the potential to reach as high as $6700 by the end of 2021 . Similarly, the same platform’s five-year prediction of the price of Bitcoin Cash is around $10,000 for a single BCH.
Read moreIs Bitcoin Cash a better investment than Bitcoin?
Is Bitcoin Or Bitcoin Cash A Better Investment? Bitcoin is the better investment hands down . Bitcoin Cash simply doesn’t have the same level of adoption, acceptance, nor demand. BCH is never at the base of any trading pairs like BTC is, nor does it have anywhere near the level of market cap or price per token.
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Within 2 years, Bitcoin Cash has proven to be a good investment , ranking 28th among all cryptocurrencies by market capitalisation, according to CoinMarketCap. As a prosperous Bitcoin fork, BCH is predicted to grow further.
Read moreWhat’s difference between Bitcoin and Bitcoin Cash?
The main difference is related to the block size of each network. While Bitcoin maintains its 1 MB block size, with Bitcoin Cash, block sizes have grown to 32 MB . This means that transactions on BCH now cost less than a penny and it can process as many as 200 transactions per second.
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