Bitcoin cash is another cryptocurrency that
branched out of bitcoin directly during the August 1 fork in the blockchain.
Not exact matches
Arrington, who says over 10 %
of his own net worth is now in crypto - currency, did not name specific investors but suggested that many
of them are those who have already made a lot
of money
of the incredible boom in
bitcoin and other digital currencies, and want to
branch out.
At BitX we believe mainstream adoption
of Bitcoin will initially start within these types
of niches — areas where
Bitcoin can solve problems that other payment methods or types
of money can not — and then
branch out to broader mainstream adoption.
If you're looking to
branch out beyond
bitcoin and diversify your crypto portfolio, there's no shortage
of options.
For instance, the spike in the value
of Bitcoin prompted actors to
branch out from moneymakers such as ransomware, to the practice
of hijacking
Bitcoin and Monero wallets.
With a large section
of traders
branching out to
bitcoin cash, critics feel the
bitcoin price will fall further.