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RESEARCH LAB // BCHRANK #26
Bitcoin Cash
SPOT
$202.76
-0.63% (24h)
1H
-0.4%
24H
-0.6%
7D
-4.1%
14D
-33.0%
30D
-53.1%
60D
-53.4%
200D
-62.6%
1Y
-49.8%
§ QUICK READ
QUICK READ
auto · derived from data
- TRENDPrice is below every moving average (20/50/200) — bear regime, sellers in control.
- RSIRSI(14) 47.5 — neutral.
- ATH94.6% below ATH — deep drawdown, far from price discovery.
- 30D PERFDown 53.1% over 30 days — heavy underperformance.
- MCAP/FDVMcap/FDV 1.00 — effectively fully diluted, no future supply unlock pressure.
- SUPPLY95.5% of max supply circulating — issuance essentially done.
- VOLUME24h volume / mcap 2.94% — normal participation.
§ TECHNICAL · PRICE · MA · VOL · RSI
Price · USD
loading chart…
§ MARKET
Market Cap
$4.06B
FDV
$4.06B
Mcap / FDV
1.000
Volume 24h
$119.58M
24h High
$208.09
24h Low
$201.20
ATH
$3,786
Dec 20, 2017 · -94.6%
ATL
$76.93
Dec 16, 2018 · +164%
SUPPLY
Circulating
20M
Total
20M
Max
21M
Watchlists
194.8K
circ. supply progress95.5% of max
§ ABOUT
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 (SegWit) 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) 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.
Why was Bitcoin Cash Created?
The main objective 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.
Essentially Bitcoin Cash is a community-activated upgrade (otherwise known as a hard fork) of Bitcoin that increased the block size to 8MB, solving the scaling issues that plague Bitcoin Core today.
Nov 16th 2018: A hashwar resulted in a split between Bitcoin SV and Bitcoin ABC
§ SOCIAL SIGNAL
Twitter followers
—
Reddit subs
0
Reddit active 48h
0
Telegram users
3.4K
Reddit posts/48h
0.0
Reddit comments/48h
0.0
§ DEV SIGNAL
GitHub stars
0
Forks
0
Subscribers
0
Contributors
0
Commits 4w
0
PRs merged
0
Code +/− 4w
—
Issues closed
0/0
data · coingecko + dexscreener · refresh 60s · cgId bitcoin-cash