Why has BCC consistently fallen (why has BCH fallen so much)
why bcc keeps falling According to the bcc why does bcc keep falling report, users trading on Coin Security have stated that their funds have been arbitrage. Because users choose not to participate, they cannot receive corresponding rewards But this is not the first time that Coin An has taken such action – since the event started in October last year, many people have complained that BCC is an air project: there is not much profit, and there are often some risks, such as problems when you want to invest your own money in a project or the possibility of any problems in your account; At the same time, this situation is also the most typical “scam” in the coin industry, and some platforms may even transfer all their assets to others
Why has BCH fallen so much
Editor’s note: This article is from Fengchao Caijing News (ID: fengchao caijing), written by Kyle and reprinted by the Daily Planet with authorization In the past 12 days, Bitcoin ABC’s BCH token has dropped by more than half, and its price has now returned to below $2. According to the latest data, since January 15, the price of Bitcoin Cash cash has been hovering around $3. So why is this drop so sudden? 1、 What is BCH? According to CoinMarketCap, as of press time, Bitcoin Cash cash was quoted at $21, up more than 20% within 24 hours. This is mainly due to the lack of interest in the Cryptocurrency mining industry in the recent market, and some large companies even take computing power as an important factor to mine digital assets. 2、 Why did BTC skyrocket and plummet? Due to its own characteristics, the data distribution on the Bitcoin blockchain is relatively scattered and difficult to verify; At the same time, with the growth of transaction volume and user volume, there are also a large number of small transactions in the network, which makes many people think that Bch is a “fraud” or Ponzi scheme. However, these events did not directly affect the market value or price of BCH, thus causing significant market volatility. 3、 What caused BCH to crash? Bitcoin was born in early November 2014. Since then, after two years of development and continuous maturity, improvement and expansion, it has become one of the largest public chains in the world and the first project to achieve large-scale commercial application implementation. However, at the end of 2017, its main network was unable to go online and operate normally due to various issues. Until the end of May this year, due to a technical malfunction, it temporarily stopped producing blocks, but gradually recovered to the original block height and had not yet reached the high point of early 2018. Nowadays, BCH seems to be becoming the mainstream payment method. The market situation that has been consistently sluggish for four to five years, although many people believe it is a scam, some people have long regarded it as an investment product, and this statement is still a very worthy perspective to pay attention to and learn from. If Bitcoin has enough value support, then we can use it as an analogy. Bitcoin is an ecosystem that can be infinitely expanded, and everyone’s consensus is built together, so Bitcoin will always exist. Six or seven years ago, Ethereum has reached its peak. However, Ethereum does not have many defects, but relies more on the code itself.
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