MultiversX Tracker is Live!

Will BCH face slow death and phase out? BTC vs BCH analysis.

All Cryptocurrencies

by COINS NEWS 99 Views

Will BCH face slow death and phase out? BTC vs BCH analysis.

I decided to gather some facts about BCH and how it is performing years after it created a split from BTC. What I found is that BTC leads in lot of fundamental parameters over BCH. There are some people who are very bullish on BCH and don't listen to anything in regards to BTC. But do look at the research below and give it a thought.

1) Control of top 100 Richest addresses- For BCH they control 39% of the supply while for BTC 16%. Also it has increased significantly for BCH in the past 3 years from 32% to 39%.

https://preview.redd.it/tf6qwbg6hibd1.png?1919&format=png&auto=webp&s=f7abf740ce9422bc4625d9b0ec61e4007874afe9

Source: bitinfocharts

2) Market performance in the past 5 year- BTC gave 375% gains while BCH gave 43.8%.

https://preview.redd.it/k65ryx1fgibd1.png?1427&format=png&auto=webp&s=6c53723f2c6840785a7030287ba547a8a79b287c

Source: Crypto profit calculator

https://preview.redd.it/y6g7msnjgibd1.png?1419&format=png&auto=webp&s=7b17a562cf62df6b7f0574212cb1d58b7596bdf8

Source: Crypto profit calculator

3) Transaction Volume- Number of transactions are lower 17.9k on BCH vs 673k on BTC. Way less if valued in dollars i.e. $38 M on BCH vs $8.61 B on BTC.

https://preview.redd.it/y44gp5rqgibd1.png?1919&format=png&auto=webp&s=982b29ccdcff20185d385363c04e0db1a5335169

Source: bitinfocharts

https://preview.redd.it/wmvhuuxtgibd1.png?1918&format=png&auto=webp&s=10551272c07b0e8bdc6cb5d6f32a004cdae8bed3

Source: bitinfocharts

4) Network Hashrate- BTC has 160 times more hashrate indicating a more robust infrastructure.

https://preview.redd.it/ev2bdo8wgibd1.png?1919&format=png&auto=webp&s=fce6e3ce17f0a16c7c06c3a0305c4aa3486c1f54

5) Unique Active Address- BTC has 14 times more unique active addresses.

https://preview.redd.it/18sdepizgibd1.png?1916&format=png&auto=webp&s=1f9ffa9cadbe58889091cba6a3dea1433787b40e

Source: bitinfocharts

submitted by /u/Mr_Hodlerr
[link] [comments]

Get BONUS $200 for FREE!

You can get bonuses upto $100 FREE BONUS when you:
πŸ’° Install these recommended apps:
πŸ’² SocialGood - 100% Crypto Back on Everyday Shopping
πŸ’² xPortal - The DeFi For The Next Billion
πŸ’² CryptoTab Browser - Lightweight, fast, and ready to mine!
πŸ’° Register on these recommended exchanges:
🟑 Binance🟑 Bitfinex🟑 Bitmart🟑 Bittrex🟑 Bitget
🟑 CoinEx🟑 Crypto.com🟑 Gate.io🟑 Huobi🟑 Kucoin.



Comments