Bitcoin Cash altcoin season prediction

    by Gigliola: Coinbase

    In 2017 the naming strategy worked because Bitcoin Cash was one of the few coins available on Coinbase. The author wonders if buyers are just drawn to the name containing Bitcoin. During a major altcoin season with new capital inflow, some investors will find Bitcoin too expensive. They might choose the cheaper alternative sharing the same name instead.

    Transcript (en)

    I bet you Bitcoin Cash will do well if we see a bit of an alt season here. You know, that's been one thing that's been interesting about it. So, and then there's Bitcoin Cash and then there's Satoshi's vision as well. That was poor branding choice. You see, Bitcoin Cash has struggled. It's struggled. But I do think that if we see an altcoin season and there's enough ignorant people that enter it, the name of just having the Bitcoin is enough. that worked in 2017 when it was literally like one of the only things on coinbase but i think we're going to experience stuff where like the i think we're gonna see utility season right like like i think people will for the most part unless you're dgens people will ignore uh like meme-y stuff and i think things like this will capture a lot of the attention i think it'd be hard for bitcoin cash to get that attention to earn it i think it'll do well like why like why would someone pay attention to Bitcoin Cash. Because people will look at Bitcoin and say it's way too expensive. This can get there. Keith, you're too close. If you're stacking sats, follow us because we're talking about Bitcoin all the time here, not just when the price goes up.