Bitcoin Cash / BCC buy Maxi_Scalibusa
Summary
This prediction ended on 07.04.22 with a price of €306.69. The BUY prediction by Maxi_Scalibusa for Bitcoin Cash / BCC performed very badly with a performance of -45.74%. This prediction was marked as speculative and is excluded from Maxi_Scalibusa's performance statistics.Bitcoin Cash (BCH) is a decentralized digital currency that is a fork of the original Bitcoin (BTC) blockchain. The main aim of Bitcoin Cash is to increase the block size limit of Bitcoin, thus allowing for faster and cheaper transactions.
Bitcoin Cash was created in August 2017 as a result of a hard fork in the Bitcoin blockchain. The split occurred due to disagreements over the scaling of the blockchain, with some developers believing that the block size should be increased to 8MB in order to allow for faster and more efficient transactions.
One of the main applications of Bitcoin Cash is as a means of facilitating peer-to-peer transactions without the need for intermediaries such as banks or financial institutions. The faster transaction times and lower fees make Bitcoin Cash a popular choice for small transactions or those involving micropayments.
Another application of Bitcoin Cash is as a form of investment or speculative asset. Like many other cryptocurrencies, the value of Bitcoin Cash is highly volatile and its price fluctuates based on factors such as supply and demand, market sentiment, and regulatory developments.
In addition, Bitcoin Cash can also be used for online purchases, as an alternative to fiat currencies, or as a means of transferring value internationally without the need for traditional banking channels.
Overall, Bitcoin Cash has a range of potential applications and use cases, and its continued development and adoption by merchants and consumers alike could see it becoming a valuable asset within the wider cryptocurrency ecosystem.
Performance without dividends (%)
| Name | 1w | 1m | 1y | 3y |
|---|---|---|---|---|
| Bitcoin Cash / BCC | -22.883% | -22.883% | 289.608% | -47.107% |
| iShares Core DAX® | -2.196% | -0.532% | 12.492% | 15.176% |
| iShares Nasdaq 100 | -0.074% | 1.843% | 40.598% | 43.702% |
| iShares Nikkei 225® | -2.154% | -1.109% | 22.295% | 3.143% |
| iShares S&P 500 | -0.501% | 1.475% | 28.278% | 41.943% |
Comments by Maxi_Scalibusa for this prediction
In the thread Bitcoin Cash / BCC diskutieren
In the thread Trading Bitcoin Cash / BCC
Stopped prediction by Maxi_Scalibusa for Bitcoin Cash / BCC
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