Why BCH Is the Trash Coin of 2019119

Bitcoin Cash (BCH) has had a tumultuous year in 2019. The cryptocurrency has seen its price plummet, its hashrate decline, and its community divide. In this article, we will explore the reasons why BCH has become the trash coin of 2019.

Price Decline

The price of BCH has fallen by over 90% since its all-time high of $4,355 in December 2017. This decline has been driven by a number of factors, including the bear market in cryptocurrencies, the launch of competing cryptocurrencies, and the ongoing debate over the future of BCH.

Hashrate Decline

The hashrate of BCH has also declined significantly in 2019. This is a measure of the computational power that is being used to mine BCH. The decline in hashrate is a sign that miners are losing interest in BCH, which could further damage its price.

Community Divide

The BCH community has been divided in 2019 over the future of the cryptocurrency. Some members of the community support the current development team, while others believe that the team is not doing enough to promote BCH. This division has led to a number of forks, which have further damaged the reputation of BCH.

Conclusion

Bitcoin Cash has had a terrible year in 2019. The cryptocurrency has seen its price plummet, its hashrate decline, and its community divide. As a result, BCH has become the trash coin of 2019. Investors should avoid BCH and consider investing in other cryptocurrencies with more potential.

2024-11-16

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