CNBC’s poll was another blow to Bitcoin (available on Coinbase) Cash enthusiasts on top of an already declining coin price. Bitcoin (available on Coinbase) Cash price declined at a robust pace in the last two weeks despite its anticipated hard fork event. The fourth largest coin traded below $1,200 today for the first time this month. BCH coin had hit a three-months-high of $1,800 on May 6.

Source Image: coinmarketcap.com

BCH bulls failed to capitalize on the awaited hard fork event on May 15. The Bitcoin (available on Coinbase) Cash network is now officially upgraded to 32 MB from its previous 8MB, and its developers have also introduced several other enticing developments in the last couple of months.

Bulls Expect BCH to Replace BTC

Big influencers such as Roger Ver, expect Bitcoin (available on Coinbase) Cash to replace Bitcoin (available on Coinbase) (BTC) as the leading coin in the cryptocurrency market.

The Bitcoin (available on Coinbase) expert stated: “The economic path that Bitcoin (available on Coinbase) cash is on is the one that led to Bitcoin (available on Coinbase)’s original success,” Ver said. “I’m incredibly bullish on Bitcoin (available on Coinbase) cash for the same reasons I was bullish on Bitcoin (available on Coinbase) back in 2011.”

CNBC’s Poll: The Majority Think Differently

Source Image: twitter.com

The latest CNBC poll, however, shows that investors are more confident in putting their money in Bitcoin (available on Coinbase) rather than Bitcoin (available on Coinbase) Cash. Bitcoin (available on Coinbase) is dominating the market, and the majority of investors think it will remain to do so.

The poll results are quite depressing for BCH bulls. They were expecting the immediate rally in Bitcoin (available on Coinbase) Cash price amid the infrastructure upgrade – which has improved its transacting time and fee compared to many other dominating networks including Bitcoin (available on Coinbase).

A Twitter user says: “Damn I’m disappointed with BCH, I was really hoping that it would take the 3rd spot in the crypto-rankings.”

Featured Image: Depositphotos/© denisismagilov

PreviousBitcoin (available on Coinbase) Cash is the Biggest Loser Albeit Roger Ver Optimism

NextBitcoin (available on Coinbase) Cash News: Roger Ver Still Bullish; Network Updates; BCH Down

If You Liked This Article Click To Share