Bitcoin Cash (BCH) Is Trash
In this video, I discuss the history of Bitcoin Cash (BCH), as well as its problems, compared to Bitcoin (BTC). Bitcoin not only has better brand recognition than Bitcoin Cash, but it also hosts many many more transactions, has higher hash power securing the network, has more modes on the network, has liquid options and futures markets on it, and is the main acquisition target in the crypto space for institutional investors like Paul Tudor Jones. For all of these reasons, and because of its superior network effects, Bitcoin will continue to outperform Bitcoin Cash. Not investment advice! Consult a financial adviser. Crypto market caps: https://coinmarketcap.com/ BTC traffic animation: https://txstreet.com/v/btc BCH traffic animation: https://txstreet.com/v/bch Thanks to Vulcan Trader for bringing these animations to my attention: https://www.youtube.com/channel/UCvvEA7l0fu1VO6POq39rUxQ/featured Bitcoin Cash Lost A Third Of Its Developers Over The Past Year: https://cryptobriefing.com/bitcoin-cash-developers/ Yet another hard fork of BCH: https://twitter.com/deadalnix/status/1291000893127696384 List of Bitcoin forks: https://en.wikipedia.org/wiki/List_of_bitcoin_forks Map of Bitcoin nodes: https://bitnodes.io/ Number of Bitcoin Cash nodes: https://blockchair.com/bitcoin-cash/nodes https://cash.coin.dance/nodes Bitcoin Cash hash rate: https://charts.bitcoin.com/bch/chart/hash-rate#5ma4 Bitcoin hash rate: https://charts.bitcoin.com/btc/chart/hash-rate#5ma4 Paul Tudor Jones buying Bitcoin: https://www.bloomberg.com/news/articles/2020-05-07/paul-tudor-jones-buys-bitcoin-says-he-s-reminded-of-gold-in-70s CME Bitcoin futures: https://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html Matthew Kratter is the author of the Amazon best-seller "A Beginner's Guide to the Stock Market": https://www.amazon.com/Beginners-Guide-Stock-Market-Everything-ebook/dp/B07S31TBF5 If you like my teaching style and would like to learn more about investing and trading stocks, options, and futures, be sure to check out my online courses here: https://www.trader.university/join Use this secret coupon code to get a discount: YT99 #Bitcoin #BitcoinCash Disclaimer Neither Trader University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisers, registered investment advisers, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video or at www.Trader.University (henceforth, “the Site”) should be construed as such by you. This video and the Site should be used as educational tools only and are not replacements for professional investment advice. There is a high risk in trading.