The future of bitcoin cash

1. At present, bitcoin is in a state of shock and sideways. Recently, bitcoin has rebounded slightly. I will go to Matcha MXC later and sell a few bitcoins that I bought in the last few days.

2. On August 1, 2017, bitcoin cash (BCC), a new blockchain asset based on the original bitcoin chain, was born, which became a hot topic in the streets. The city once exceeded US $7 billion, becoming a digital currency second only to bitcoin and ethereum
in this process, bitcoin cash also tries its best to ride a roller coaster, which reminds people of Ethereum classic. Comparing bitcoin cash with Ethereum classic, will bitcoin cash become the next bitcoin classic
their similarities are all e to different concepts. A new type of blockchain asset, which is proced by a hard fork, has been separated from the main chain and has gone to an independent development path. They have also experienced price roller coaster fluctuations. They have inherited the mantle of the original chain and changed little. But there are also many differences:
1. Different backgrounds:
in June 2016, the Dao, the world's largest Ethereum project, was stolen from 3.6 million ethereums, with the direct market value as high as US $60 million, which was fatal to the Ethereum community just starting at that time. Vitalik buterin, the founder, and most of the community think that this can't be done. The community decided to roll back the Ethereum transaction through online voting. A small number of people in the Ethereum community think that this violates the irreversible principle of the blockchain and is a violation of the rules. They continue to adhere to the development of the original Ethereum chain, and the Ethereum classic is born and goes to the road of independent development<

bitcoin cash is the proct of the three-year debate over bitcoin expansion. On the one hand, some community members and developers who insist on large blocks are tired of endless debates. Although the New York consensus on community consensus scheme has won a phased victory, the future is still uncertain, and supporters of large blocks hope to move towards an independent development path; On the other hand, the community support rate of large blocks is also very high. Although the Bu expansion scheme often appears bugs, it still gets 40% of the computing power support of the whole network. Bitcoin cash is born out of the Bu expansion scheme, which continues the original intention of Nakamoto's design of bitcoin and makes certain changes in technology. It is a new technology attempt. In this context, bitcoin cash came into being to adapt to the development trend of the times
2. Different attention and influence
the predecessor of bitcoin cash is bitcoin, the Ruan Sheng brothers of bitcoin, and bitcoin is the global digital currency hegemony. After the separation of bitcoin from cash and main chain, bitcoin and bitcoin have taken different development paths. Bitcoin cash can be said to be born with the golden key. As soon as it comes out, it has won extensive attention from the community and become the focus of community discussion. News is flying all over the world, and many mainstream trading platforms at home and abroad also choose to support it. After a short period of adjustment, the price graally returned to rationality. The municipal government once ranked in the top three and still ranks in the fourth
Ethereum is the predecessor of Ethereum classic. Ethereum only ranked second in the global digital currency this year. In 2016, its popularity and community influence were not too high. The Ethereum classic split out is not optimistic by the community. There are few online platforms, and the price is plummeting all the way. The attention and influence of Ethereum classic in the community has not been high. The Municipal People's government has been unable to enter the top ten. There are no opportunities for community discussion and media attention. After several rounds of outbreak, the Municipal People's government has only ranked ninth
to sum up, bitcoin cash and Ethereum classics are different in terms of attention, community influence and historical background. The future development of bitcoin cash will be better. If the bitcoin community is still in constant infighting, does not want to make progress and refuses to change, bitcoin cash will have a chance to shake the dominant position of bitcoin, Instead.

3. Since August this year, Chinese diggers, the so-called miners, have been dominating the price of bitcoin. The sharp rise from August to early December is entirely e to the increase in mining costs and difficulties caused by the accumulation of miners. At the same time, there have been many crazy money speculators for a long time. In three months, the price of bitcoin has risen from 2000 to more than 5000. For many people, the evil spear in Fuhua Dian Jiaodian temple is a myth, However, bitcoin is not a security, so there is no risk prevention and control. Based on the consideration of transaction security, the central bank "suggests" (because it only suggests that there is no travel regulations at present) that the third-party payment institutions stop providing payment and cash withdrawal services to the bitcoin trading platform. As soon as the news comes out, the bitcoin trading price plummeted within four days, and today's price is less than 3000 yuan, However, according to the market analysis, the price is likely to pick up. The main reason for the price decline is that the major payment companies have taken emergency measures to avoid the central bank's words, which has caused the payment obstacles and led to the price drop. However, it seems that this will create a new group of investors, and the price drop will give speculators a new opportunity to re-enter the game, So my conclusion is that the price will rise, but it will not be as crazy as it used to be. It is estimated that the price will go up and down in 3500 after two or three months of tossing. At the same time, the rise and fall will also be significantly reced. It is difficult to go up and down in hundreds and thousands like now, As a senior miner, I hope my answer will help you. Haha, it suck if you don't use it correctly.

4. Now the price of bitcoin cash is about 7800 yuan. The highest price of bitcoin cash was about 28000 yuan when it was first born, and it was about 2000 yuan when it was first born
bitcoin cash is affected by the tightening of domestic policies, and its price will continue to be low, especially the two sessions and G20 summit in March, which will have a huge impact on bitcoin cash. If the policies are good, bitcoin cash will return to the high point, if the policies are bad, it will continue to shake the market.

5.

The reason why the programmer threw away 7500 bitcoins as garbage is because these bitcoins are stored in the hard disk, and he carelessly threw away the hard disk

recently, a British programmer found that in 2013, he accidentally threw away the hard disk with 7500 bitcoin private keys as garbage

these 7500 bitcoins were g up by him on his personal computer. In order to retrieve the hard disk, he went to the landfill, but even if he "wanted to go back to the past", it was impossible to recover it. 7500 pieces, estimated at the current price of 32000 dollars, which is equivalent to throwing 240 million dollars into the garbage can

In fact, millions of bitcoins have been "lost" worldwide. But the "lost" bitcoin did not disappear. On the blockchain, you will record how many bitcoins you have in your name, but you need a private key to trade

the programmer is careless, that is, after throwing away the hard disk, he adds symbols to the string of very complex letters. Nowadays, the "value" of bitcoin has risen sharply. Those who lost bitcoin will naturally regret it

{rrrrrrr}

extended data

reasons for bitcoin's recent surge:

according to the analysis of CICC's research report, bitcoin's price rose nearly three times from $7200 at the end of 2019 to $27084 (as of December 28, 2020), and became the asset category with the highest increase since the beginning of the year, Even more than the faamng tech giants index

in addition to the impact of global liquidity easing, the analysis shows that the financial innovation of financial institutions represented by PayPal, Robinhood and grayscale in broadening the channels of digital assets in the past year is the structural reason behind the nearly three times rise of currency price in the past year. In the short run, the price of bitcoin may fluctuate greatly, driven by liquidity and the inflow and outflow of speculative funds. However, in the long run, the continuous expansion of the traditional investor base is concive to the stable rise of the price of bitcoin and other digital assets

6. The water army is the best. Tong Chen.

7. I am now investing in bitcoin cash in bithub, South Korea. Among all the exchanges, bitcoin is the most active in listing new Shanzhai currency. Moreover, the market price of Shanzhai currency has risen after bithub's listing, and the market is very good. In 2017 alone, bitcoin listed eight kinds of Shanzhai currencies, including bitcoin gold, quantum chain, zcash, Monroe, dasey, reborn, bitcoin cash and Ethereum classic. Since the beginning of November, the market price of bitcoin cash has been rising all the way. Now it has doubled several times and exceeded 80000 yuan. The daily transaction volume on August 19 has exceeded 15 billion yuan. By the end of November, the total transaction volume has accumulated to 360 billion yuan!

8. Personal opinions are worth investing in
the total number of BCCs, like bitcoin, is 21 million. It inherits almost all the user groups of bitcoin
BCC is calling for the birth of the golden key. As soon as it is born, its price exceeds that of Ethereum, and its market value ranks in the top three
BCC has strong community support, which was once the supporter of bitcoin block
most of the global digital currency trading platforms and wallet service providers have chosen to support it.

9. China won't let it trade! Now it's losing money. Small Japanese countries admit that Japan is a major shareholder. Now, it is estimated that if 1 bitcoins are higher than 1000 dollars, it is estimated that the bubble will come soon. It's better to sell now.

10. BCC inherits almost all of BTC's user base and has a wide range of exchanges and wallets. The large block owned by BCC can make the transaction faster and cheaper, which can truly realize the "point-to-point encrypted e-cash system" mentioned in the bitcoin white paper. This is unmatched by bitcoin in the short term,
BCC community is composed of supporters and developers of large blocks, and supporters of large blocks have shown great strength in the fight for capacity expansion. The developers of BCC are composed of a group of smart programmers. The development team includes bitcoin XT, bitcoin classic, bitcoin unlimited and bitcoin ABC, which basically covers all the large block development teams and has strong technology R & D capability. In the future, these technical teams plan to deploy such fashionable technologies as lightning network and smart contract on BCC.