Bitcoin Cash current price is €384.07 with a marketcap of €7.14 B. Its price is -4.66% down in the last 24 hours.
- Bitcoin Cash (BCH)
- Live Price €384.07
- Market Cap €7.14 B
- Volume €4.43 B
- Available Supply 18.67 M BCH
- Rank 12
Technical analysis, backgrounds and info on this crypto coin
Besides Bitcoin Cash (BCH) is the major cryptocurrency (measured by market capitalisation). This cryptocurrency has become more and more popular over years. Given the plans for the future, many insiders have high expectations of the Bitcoin Cash (BCH) price. Of course you can trade and/or invest in Bitcoin Cash (BCH) as well. On this page you'll find basic statistics and characteristics of Bitcoin Cash (BCH). Furthermore you'll find info regarding the Bitcoin Cash (BCH) price, basic technical analysis and a brief explanation of the story of Bitcoin Cash (BCH)
Current Bitcoin Cash (BCH) price
Please see below the Bitcoin Cash price chart as provided by our home broker.
Onchain Metrics Bitcoin Cash (BCH)
If you want to perform a technical analysis of Bitcoin Cash and decide whether it is the right time to trade or invest, please check the on-chain metrics as provided by our partners of Into the Block.
These On-chain metrics are updated once a day (rondabout 11 pm est, which is 5 am Dutch time). If you want to check the latest update, please dive deeper into the On-chain metrics of our metrics partner IntotheBlock.io.
Furthermore, we provide you with the price chart and historical data for Bitcoin Cash (BCH) at the bottom of this page. Before we get there, we provide you with the upcoming agenda as well as some backgrounds and info on Bitcoin Cash.
The Bitcoin Cash agenda
In order to provide you with an accurate overview of coming Bitcoin Cash agenda items and events, you'll find our Bitcoin Cash agenda below.
If you are interested in the agenda items for other cryptocurrencies and/or the most important economic items on the macro-economic agenda, please visit our calendar page.
What is Bitcoin Cash?
The need to accommodate an increasing count of transactions per second contributed to a push by some in the community to create a hard fork to increase the block size limit. This push came to a head in July 2017 when some members of the bitcoin community including Roger Ver felt that adopting BIP 91 without increasing the block-size limit favored people who wanted to treat bitcoin as a digital investment rather than as a transactional currency. Bitcoin Cash supporters, compared to Bitcoin, were more committed to a medium of exchange function. This push by some to increase the block size met a resistance. Since its inception up to July 2017, Bitcoin users had maintained a common set of rules for the cryptocurrency.
Who created Bitcoin Cash?
Bitcoin Cash SV is led by Craig Wright, who claims to be the original Nakamoto. He rejected the use of smart contracts on a platform that was meant for payment transactions. 12 The drama prior to the latest hard fork was similar to the one before forking Bitcoin Cash from Bitcoin in 2017.
What is the purpose of Bitcoin Cash (BCH)?
Bitcoin Cash is a hard fork of Bitcoin with a protocol upgrade to fix on-chain capacity. Bitcoin Cash intends to be a Bitcoin without Segregated Witness as soft fork, where upgrades of the protocol are done mainly through hard forks and without changing the original economic rules of the Bitcoin.
Bitcoin Cash (BCH) nowadays
Bitcoin Cash (BCH) is released on 1st August 2017 as an upgraded version of the original Bitcoin Core software. The main upgrade is the increase in the block size limit from 1MB to 8MB. This effectively allows miners on the BCH chain to process up to 8 times more payments per second in comparison to Bitcoin. This makes for faster, cheaper transactions and a much smoother user experience.
The future of Bitcoin Cash (BCH)
The main future of Bitcoin Cash is to to bring back the essential qualities of money inherent in the original Bitcoin software. Over the years, these qualities were filtered out of Bitcoin Core and progress was stifled by various people, organizations, and companies involved in Bitcoin protocol development. The result is that Bitcoin Core is currently unusable as money due to increasingly high fees per transactions and transfer times taking hours to complete. This is all because of the 1MB limitation of Bitcoin Core’s block size, causing it unable to accommodate to large number of transactions.
Further technical analysis of this coin
For further technical analysis you’ll find the current price chart and overview of historical data at the bottom of this page. Do you need more on-chain metrics? You can find these on the site of our on-chain metrix partner IntotheBlock.
Do you want to trade in this crypto?
If you want to trade in this cryptocurrency you might consider to sign up with one of our home exchanges: Changelly, CEX.io or Binance. When your mother tongue is Dutch or French you might also consider Bitvavo. If you want to know more about choosing the right crypto exchange, please visit our crypto exchages page.
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